chinacat
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AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Jan 2, 2015 20:03:26 GMT -8
Opening the bar for the New Year!
C'mon folks, sure this was a bad week, but we all knew there would be this dip before the Saturn V gets rolling. What we need here is an official announcement of the earnings release date, then viewpoints can coalesce as to just how outstanding this quarter will be. In the mean time (and I do mean "mean"), the FUDsters will do their best to create a more favorable entry point. The astute traders among you can leverage this to your advantage. We lazy holders can just sit tight.
So step up to the bar for the first time in 2015, and raise a glass of cheer to 2014! (cue "Jose Jimenez" accent) It was "berry berry" good to us!
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Post by Luckychoices on Jan 2, 2015 22:31:57 GMT -8
We lazy holders can just sit tight. And this is what made the last couple of weeks much easier to take for long term AAPL investors. We didn't like it. It was unpleasant. It was unwarranted. But we've seen it so many times before. It's just a matter of time until the direction of the stock price reverses. Days? A week? Not sure. But I'll sit tight.
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Post by rob_london on Jan 3, 2015 1:46:42 GMT -8
We lazy holders can just sit tight. And this is what made the last couple of weeks much easier to take for long term AAPL investors. We didn't like it. It was unpleasant. Logically long term investors in Apple Inc. should welcome these price declines. The company can repurchase more stock at lower prices and individual shareholders will receive a larger slice of the pie without any additional expenditure of their own money.
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Post by nagrani on Jan 3, 2015 10:31:44 GMT -8
I am selling puts. Don't mind buying at a lower price if needed. Don't mind collecting premium if I'm correct in where apple will or won't be from a price standpoint when puts expire
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JDSoCal
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Aspiring oligarch
Posts: 4,182
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Post by JDSoCal on Jan 3, 2015 11:15:48 GMT -8
We lazy holders can just sit tight. And this is what made the last couple of weeks much easier to take for long term AAPL investors. We didn't like it. It was unpleasant. It was unwarranted. But we've seen it so many times before. It's just a matter of time until the direction of the stock price reverses. Days? A week? Not sure. But I'll sit tight. As I sit out AAPL trading for tax reasons, I just shake my head in disgust, rather than suffer the torments of the damned and die a thousand deaths as I ordinarily would. There has to be a lesson in there somewhere.
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Post by Luckychoices on Jan 3, 2015 19:34:46 GMT -8
And this is what made the last couple of weeks much easier to take for long term AAPL investors. We didn't like it. It was unpleasant. Logically long term investors in Apple Inc. should welcome these price declines. The company can repurchase more stock at lower prices and individual shareholders will receive a larger slice of the pie without any additional expenditure of their own money. That's a fair point, Rob. I confess I don't pay much attention about when Apple might be buying back stock, but I'm fairly certain price declines aren't likely to be found on the long term investors list of things they would welcome. In this case, I had mixed emotions regarding the stock trailing off at the end of this year. Since I must make a yearly Minimum Required Distribution, a dropping stock price reduced the total value of my IRAs on 12/31/14, which is when this year's total was calculated. So as the value of AAPL rises in 2015, which I fully expect will happen, I will need to move fewer shares from my IRA to my trust accounts to satisfy the MRD total. On the other hand, a very good friend recently bought a significant amount of AAPL stock and now owns just under $400K, much of it in his 401K. I hated to see the stock decline from the price he paid, because I know he's already nervous and is mentally calculating the extra shares he would have been able to buy if he'd waited.
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Post by Red Shirted Ensign on Jan 4, 2015 11:14:30 GMT -8
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chinacat
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AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Jan 4, 2015 12:51:05 GMT -8
Just to prove that 2015 is indeed a new year, I actually found this BI article about the WATCH that very reasonably suggests how a new device can offer use cases that may seem trivial or uninteresting until they actually get integrated into one's everyday activities. Note: no recommendation or general approval of BI implied.
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JDSoCal
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Aspiring oligarch
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Post by JDSoCal on Jan 4, 2015 13:07:03 GMT -8
Just to prove that 2015 is indeed a new year, I actually found this BI article about the WATCH that very reasonably suggests how a new device can offer use cases that may seem trivial or uninteresting until they actually get integrated into one's everyday activities. Note: no recommendation or general approval of BI implied. Please don't link to them and reward Blodget's business model. BI will turn on you in a heartbeat. Remember the turtle and the snake parable. TIA.
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Post by Red Shirted Ensign on Jan 4, 2015 13:13:51 GMT -8
Let's just say that Apple sells 12 million watches at an average ASP of $550. Both, I think, are conservative....we get an extra 6.6 billion of revenue for 2015. GM on the watch? 40%? Could be much higher.....
And let's just play around and assume Apple sells 25 Million watches in calendar year 2015 at an average ASP OF $650 and a GM of 45%.. China will be a huge buyer here....so will Japan...
With iPhone 6 and 6+ penetration already at 25% of iPhones...if Apple can sell 150 million iPhone 6s in a calendar year ( 6, 6+ and 6s) why not 25 million watches to work with those iPhones?
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Post by Red Shirted Ensign on Jan 4, 2015 13:15:14 GMT -8
Just to prove that 2015 is indeed a new year, I actually found this BI article about the WATCH that very reasonably suggests how a new device can offer use cases that may seem trivial or uninteresting until they actually get integrated into one's everyday activities. Note: no recommendation or general approval of BI implied. Please don't link to them and reward Blodget's business model. BI will turn on you in a heartbeat. Remember the turtle and the snake parable. TIA. Turtle and snake? Wasn't there a scorpion in there somewhere? Or has the parable been reworked for a conservative audience? www.renewamerica.com/columns/meyer/060828Of course, the fable is ancient and in many forms.... en.m.wikipedia.org/wiki/The_Farmer_and_the_Viper
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Post by Luckychoices on Jan 4, 2015 13:56:20 GMT -8
I'll just leave this here:
===================== The Scorpion and the Frog (From http://www.aesopfables.com) A scorpion and a frog meet on the bank of a stream and the scorpion asks the frog to carry him across on its back. The frog asks, "How do I know you won't sting me?" The scorpion says, "Because if I do, I will die too." The frog is satisfied, and they set out, but in midstream, the scorpion stings the frog. The frog feels the onset of paralysis and starts to sink, knowing they both will drown, but has just enough time to gasp "Why?" Replies the scorpion: "Its my nature..." Related information: en.wikipedia.org/wiki/The_Scorpion_and_the_Frog=====================
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JDSoCal
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Aspiring oligarch
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Post by JDSoCal on Jan 4, 2015 14:26:58 GMT -8
Turtle and snake? Wasn't there a scorpion in there somewhere? Or has the parable been reworked for a conservative audience? Actually, I believe the conservative version would be:
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Mav
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Post by Mav on Jan 4, 2015 16:06:18 GMT -8
Let's just say that Apple sells 12 million watches at an average ASP of $550. Both, I think, are conservative....we get an extra 6.6 billion of revenue for 2015. GM on the watch? 40%? Could be much higher..... And let's just play around and assume Apple sells 25 Million watches in calendar year 2015 at an average ASP OF $650 and a GM of 45%.. China will be a huge buyer here....so will Japan... With iPhone 6 and 6+ penetration already at 25% of iPhones...if Apple can sell 150 million iPhone 6s in a calendar year ( 6, 6+ and 6s) why not 25 million watches to work with those iPhones? Honestly what the heck is "wrong" with "just" 10M Apple Watch sales in a year? I know, "whisper number" is 20M+. Expectations game is always silly. Anyway, I would point out Apple Watch works fine with a whole bunch of iPhone 5/5C/5S units, too. Intriguing if Apple Pay (in-store NFC) integration is at the same level as iPhone 6. Who knows how iPhone 5+Apple Watch confers the same level of "trust" that iPhone 6+Watch does. Supposedly it does.
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Post by jmolloy on Jan 4, 2015 18:15:47 GMT -8
Who knows how iPhone 5+Apple Watch confers the same level of "trust" that iPhone 6+Watch does. Supposedly it does. Not sure with the 5 but basically when you authorize the watch it remains authorized until you remove it from your wrist when it need to be re-authenticated. It uses the sensors on the back to confirm that you are the person who authorized it earlier in the day.
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Mav
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Post by Mav on Jan 4, 2015 19:29:35 GMT -8
That I know. The getting card issuers, banks, etc. to recognize iPhone 5-series + Apple Watch as equivalent to iPhone 6 part (in terms of in-store NFC) is fascinating though...and a HUGE win. I mean, iPhone 5/5C completely lack Touch ID. Makes me wonder if Apple Pay with Apple Watch may be limited in some way we don't know yet (vs. iPhone 6 version).
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