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Author Topic: What's Wrong With Apple (stock)?  (Read 84328 times)

Lennys Tap

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Re: What's Wrong With Apple (stock)?
« Reply #550 on: January 04, 2019, 03:29:43 PM »
That’s the spirit.  My comments weren’t directed at you by the way.  I’m Trying to understand why some people take glee in a stock going down that might hurt that person’s financial situation....why is that the case Another84?

I'm not Another84 but if you're a trader you take long, short or neutral positions based on your analysis. Do you think traders who take short positions in the market or in individual equities are bad people?

Jockey

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Re: What's Wrong With Apple (stock)?
« Reply #551 on: January 04, 2019, 04:21:05 PM »
Let's just be clear here. The stock market can be volatile for many reasons. However, I doubt if we have we have ever had a time when one crazy, old fool can be this destructive.

According to the Chairman of the White House’s Council of Economic Advisers:
“There are a heck of a lot of U.S. companies that have a lot of sales in China that are basically going to be watching their earnings be downgraded. “It’s not going to be just Apple.”

DegenerateDish

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Re: What's Wrong With Apple (stock)?
« Reply #552 on: January 04, 2019, 06:24:23 PM »
Thanks 82, appreciate the advice.

Any blue chips that one would suggest for the long term?

Blue Horseshoe loves Anacott Steel.

Cheeks

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Re: What's Wrong With Apple (stock)?
« Reply #553 on: January 04, 2019, 08:14:38 PM »
I'm not Another84 but if you're a trader you take long, short or neutral positions based on your analysis. Do you think traders who take short positions in the market or in individual equities are bad people?

Bad people, no.  What I'm commenting on is what seems to be people happy others might be taking on some water.  Of course the reality is that there are multiple ways to play the stock game, someone shorting that comes out on top means someone else is on the wrong side of the equation...totally get it.

Not sure what the % of people are that play the short strategy, but my hunch is less than 15%....maybe even lower.  Have no idea, but feels like the exception rather than the rule.
"I hate everything about this job except the games, Everything. I don't even get affected anymore by the winning, by the ratings, those things. The trouble is, it will sound like an excuse because we've never won the national championship, but winning just isn't all that important to me.” Al McGuire

Cheeks

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Re: What's Wrong With Apple (stock)?
« Reply #554 on: January 04, 2019, 08:20:01 PM »
Let's just be clear here. The stock market can be volatile for many reasons. However, I doubt if we have we have ever had a time when one crazy, old fool can be this destructive.

According to the Chairman of the White House’s Council of Economic Advisers:
“There are a heck of a lot of U.S. companies that have a lot of sales in China that are basically going to be watching their earnings be downgraded. “It’s not going to be just Apple.”

Ironically, some of those same executives have said he's not wrong about China's actions the last 30 years, but no one has had the guts to stand up China.   We'll see how it plays out.  Are tariffs the right answer?  Most would say no.  If not, what is the appropriate answer or do you continue to let them abuse the system as they have?  Who blinks first?
"I hate everything about this job except the games, Everything. I don't even get affected anymore by the winning, by the ratings, those things. The trouble is, it will sound like an excuse because we've never won the national championship, but winning just isn't all that important to me.” Al McGuire

Benny B

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Re: What's Wrong With Apple (stock)?
« Reply #555 on: January 04, 2019, 09:24:47 PM »
I don’t own apple stock, but my parents gifted me 3 shares of Amazon stock for xmas. My dad’s wealth advisor told him it would be a good long term stock for me to hold.

No offense, but when it comes time for you to invest your own money, for God’s sake, don’t use your dad’s wealth advisor.

It was a nice gesture by your parents, but gifting someone a single stock comes with the expectation that the recipient will hold on to it.... which puts it on par with gifting someone a savings bond.

Why not just gift someone the cash and let them decide where to invest it?
Wow, I'm very concerned for Benny.  Being able to mimic Myron Medcalf's writing so closely implies an oncoming case of dementia.

Lennys Tap

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Re: What's Wrong With Apple (stock)?
« Reply #556 on: January 04, 2019, 09:48:33 PM »
Bad people, no.  What I'm commenting on is what seems to be people happy others might be taking on some water.  Of course the reality is that there are multiple ways to play the stock game, someone shorting that comes out on top means someone else is on the wrong side of the equation...totally get it.

Not sure what the % of people are that play the short strategy, but my hunch is less than 15%....maybe even lower.  Have no idea, but feels like the exception rather than the rule.

Definitely the exception - traders, not often investors. For traders, someone - him/her or those with the counter position - is always taking on water. Understandably they prefer it to be the other guy.

MU82

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Re: What's Wrong With Apple (stock)?
« Reply #557 on: January 04, 2019, 10:48:54 PM »
Apple announces that App Store spending topped $1.22B between Christmas Eve and New Year's Eve, a new holiday spending record.

Customers spent over $322M on New Year's Day alone.

The announcement follows yesterday's Q1 warning on iPhone weakness in China, which has the Street seeing red. But notable analysts including Morgan Stanley's Katy Huberty have remained bullish on Apple's Services potential even as weak iPhone data poured in.
“There is so much loss here, and so much of it is preventable. When the vaccines came out in December, those of us in health care were like, ’Oh, my God, it’s like the cavalry coming over the hill. ... To see now what’s playing out? It’s all so needless.”

-- Boise hospital director Jim Souza

Heisenberg v2.0

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Re: What's Wrong With Apple (stock)?
« Reply #558 on: January 05, 2019, 10:10:20 AM »
Apple announces that App Store spending topped $1.22B between Christmas Eve and New Year's Eve, a new holiday spending record.

Customers spent over $322M on New Year's Day alone.

The announcement follows yesterday's Q1 warning on iPhone weakness in China, which has the Street seeing red. But notable analysts including Morgan Stanley's Katy Huberty have remained bullish on Apple's Services potential even as weak iPhone data poured in.

Conclusion, Tim Cook is either liar or stupid for making the iPhone revenue shortfall announcement.

Should he be fired?

Or maybe Cook understands what matters and it is not the thread above.

(chart is through 2016.  If updated it would show the latest plot, Q4 2018, is 59%)
« Last Edit: January 05, 2019, 10:17:29 AM by Tower Tops »
You asked if I was in the meth business or the money business.  Neither.  I'm in the empire business.

mudeltaforcegurl

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Re: What's Wrong With Apple (stock)?
« Reply #559 on: January 05, 2019, 10:24:16 AM »
No offense, but when it comes time for you to invest your own money, for God’s sake, don’t use your dad’s wealth advisor.

It was a nice gesture by your parents, but gifting someone a single stock comes with the expectation that the recipient will hold on to it.... which puts it on par with gifting someone a savings bond.

Why not just gift someone the cash and let them decide where to invest it?

Yes, a modern day version of gifting a savings bond. My dad made it clear he expects me to hold on to the Amazon stock until I retire. :)  I am not interested in buying stocks and bonds, but I’ll take a gift of 3 shares of Amazon stock as a gift. Have you seen the price?!

MU82

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Re: What's Wrong With Apple (stock)?
« Reply #560 on: January 05, 2019, 02:51:29 PM »
Conclusion, Tim Cook is either liar or stupid for making the iPhone revenue shortfall announcement.

Should he be fired?

Or maybe Cook understands what matters and it is not the thread above.

(chart is through 2016.  If updated it would show the latest plot, Q4 2018, is 59%)


Reminds me of the "Disney is doomed" narrative.

That's a lie, too.
“There is so much loss here, and so much of it is preventable. When the vaccines came out in December, those of us in health care were like, ’Oh, my God, it’s like the cavalry coming over the hill. ... To see now what’s playing out? It’s all so needless.”

-- Boise hospital director Jim Souza

Cheeks

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Re: What's Wrong With Apple (stock)?
« Reply #561 on: January 05, 2019, 09:42:06 PM »
Netflix announced yesterday they are no longer going to pay the "apple tax", that's the fee Apple charges for allowing people to add Netflix through an Apple device through iTunes.  All of us in the industry feel held hostage by Apple on this.  15% to 30%. Will cost Apple about $260M this year alone.  Netflix has the  heft to do this, but more will follow.
"I hate everything about this job except the games, Everything. I don't even get affected anymore by the winning, by the ratings, those things. The trouble is, it will sound like an excuse because we've never won the national championship, but winning just isn't all that important to me.” Al McGuire

Heisenberg v2.0

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Re: What's Wrong With Apple (stock)?
« Reply #562 on: January 05, 2019, 11:38:36 PM »
Reminds me of the "Disney is doomed" narrative.

That's a lie, too.

Yup, no answer.

Keep hiding under that Bed of yours, some day the price will rise again and you can go back to being overbearing self with confidence.
You asked if I was in the meth business or the money business.  Neither.  I'm in the empire business.

Heisenberg v2.0

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You asked if I was in the meth business or the money business.  Neither.  I'm in the empire business.

MU82

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Re: What's Wrong With Apple (stock)?
« Reply #564 on: January 06, 2019, 06:47:42 AM »
82 …

You do realize quoting imagine in your footer is the same as writing "look at me, I'm an as*hole."

https://www.theguardian.com/commentisfree/2017/jun/26/head-to-head-imagine-john-lennon-soppy-meditation-hope

https://nypost.com/2016/10/28/is-john-lennons-imagine-the-worst-song-of-all-time/

https://sojo.net/articles/why-john-lennons-imagine-actually-not-great-song

https://theimaginativeconservative.org/2017/01/imagine-nightmare-john-lennon-ronald-stelzer.html

You forward to your twisted and disturbing reasoning for this footer.

I like the song.

Effen twisted and freakin' disturbing, I know.

Looking forward to your reasoning for why you keep coming back to Scoop only to get banned again for being a planet-sized d-bag.
“There is so much loss here, and so much of it is preventable. When the vaccines came out in December, those of us in health care were like, ’Oh, my God, it’s like the cavalry coming over the hill. ... To see now what’s playing out? It’s all so needless.”

-- Boise hospital director Jim Souza

MU82

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Re: What's Wrong With Apple (stock)?
« Reply #565 on: January 06, 2019, 09:16:48 AM »
With a market cap of about $233 billion, Verizon is the world's 19th largest company.

Apple has $237 billion cash in its coffers.

In other words, Apple's cash position alone would have it ranked as one of the 20 largest companies in the world.

Doomed.
“There is so much loss here, and so much of it is preventable. When the vaccines came out in December, those of us in health care were like, ’Oh, my God, it’s like the cavalry coming over the hill. ... To see now what’s playing out? It’s all so needless.”

-- Boise hospital director Jim Souza

Cheeks

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Re: What's Wrong With Apple (stock)?
« Reply #566 on: January 06, 2019, 10:35:19 AM »
Not a big Cook fan, but they aren’t doomed. 
"I hate everything about this job except the games, Everything. I don't even get affected anymore by the winning, by the ratings, those things. The trouble is, it will sound like an excuse because we've never won the national championship, but winning just isn't all that important to me.” Al McGuire

ZiggysFryBoy

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Re: What's Wrong With Apple (stock)?
« Reply #567 on: January 06, 2019, 10:54:33 AM »
Netflix announced yesterday they are no longer going to pay the "apple tax", that's the fee Apple charges for allowing people to add Netflix through an Apple device through iTunes.  All of us in the industry feel held hostage by Apple on this.  15% to 30%. Will cost Apple about $260M this year alone.  Netflix has the  heft to do this, but more will follow.

Epic Games did the same thing with fortnight on android.  Bypassed the play store and download the app directly from their website.
"My butt's been wiped!"

Frenns Liquor Depot

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Re: What's Wrong With Apple (stock)?
« Reply #568 on: August 19, 2020, 09:59:18 AM »
Wall Street Journal published an article about Tim Cook’s Apple earlier this month. 

https://www.wsj.com/amp/articles/tim-cook-apple-steve-jobs-trump-china-iphone-ipad-apps-smartphone-11596833902

MU82

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Re: What's Wrong With Apple (stock)?
« Reply #569 on: August 19, 2020, 10:36:53 AM »
Remember the good ol' days, when Smuggles was saying only dopes would buy AAPL at 90 ... rather than these crappy days, when AAPL has become the world's first $2 trillion company, with a share price of $460+?

https://seekingalpha.com/news/3605238-apple-tops-2-trillion-in-market-cap
“There is so much loss here, and so much of it is preventable. When the vaccines came out in December, those of us in health care were like, ’Oh, my God, it’s like the cavalry coming over the hill. ... To see now what’s playing out? It’s all so needless.”

-- Boise hospital director Jim Souza

tower912

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Re: What's Wrong With Apple (stock)?
« Reply #570 on: August 19, 2020, 11:34:51 AM »
Won't that lead to the destruction of cities?   Or something like that?
Luke 6:45   ...A good man produces goodness from the good in his heart; an evil man produces evil out of his store of evil.   Each man speaks from his heart's abundance...

It is better to be fearless and cheerful than cheerless and fearful.

Jockey

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Re: What's Wrong With Apple (stock)?
« Reply #571 on: August 19, 2020, 01:20:02 PM »
Remember the good ol' days, when Smuggles was saying only dopes would buy AAPL at 90 ... rather than these crappy days, when AAPL has become the world's first $2 trillion company, with a share price of $460+?

https://seekingalpha.com/news/3605238-apple-tops-2-trillion-in-market-cap

Maybe he meant Goodyear.  :-\

Fluffy Blue Monster

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Re: What's Wrong With Apple (stock)?
« Reply #572 on: August 19, 2020, 01:42:33 PM »
Remember the good ol' days, when Smuggles was saying only dopes would buy AAPL at 90 ... rather than these crappy days, when AAPL has become the world's first $2 trillion company, with a share price of $460+?

https://seekingalpha.com/news/3605238-apple-tops-2-trillion-in-market-cap
'


Heisey is the George Costanza of Scoop.  Just do the opposite of what he predicts and you'll be good.
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MU82

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Re: What's Wrong With Apple (stock)?
« Reply #573 on: August 19, 2020, 02:06:51 PM »
'


Heisey is the George Costanza of Scoop.  Just do the opposite of what he predicts and you'll be good.

Ya know, I normally would give something like that a pass. Anybody who ever has said anything about the stock market is wrong on occasion. For example, I sold my Target shares because I didn't think they could come back from being horribly mismanaged and I thought they couldn't gain market share from Amazon, Walmart and Costco. But the stock has more than doubled in price since I sold it, and TGT had another good earnings report today.

However ...

Smuggles was so damn smug, so cock-sure that only a moron would buy AAPL down there, he deserves to get teased every time the stock hits a new milestone.

Frankly, although I would never try to talk anybody out of buying AAPL now, I probably wouldn't buy it here myself; seems quite overvalued. But I haven't sold a single share of the AAPL I already own; it has been a 4- and 5-bagger for me, and I like to let my winners keep running unless they break their legs!
“There is so much loss here, and so much of it is preventable. When the vaccines came out in December, those of us in health care were like, ’Oh, my God, it’s like the cavalry coming over the hill. ... To see now what’s playing out? It’s all so needless.”

-- Boise hospital director Jim Souza

Lennys Tap

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Re: What's Wrong With Apple (stock)?
« Reply #574 on: August 19, 2020, 03:28:48 PM »
Ya know, I normally would give something like that a pass. Anybody who ever has said anything about the stock market is wrong on occasion. For example, I sold my Target shares because I didn't think they could come back from being horribly mismanaged and I thought they couldn't gain market share from Amazon, Walmart and Costco. But the stock has more than doubled in price since I sold it, and TGT had another good earnings report today.

However ...

Smuggles was so damn smug, so cock-sure that only a moron would buy AAPL down there, he deserves to get teased every time the stock hits a new milestone.

Frankly, although I would never try to talk anybody out of buying AAPL now, I probably wouldn't buy it here myself; seems quite overvalued. But I haven't sold a single share of the AAPL I already own; it has been a 4- and 5-bagger for me, and I like to let my winners keep running unless they break their legs!

AAPL has been relentless, and the announcement of the split only accelerated things. Wouldn’t surprise me if it backed off a bit post split - a common result for stocks that split - but I see no reason to sell here.

 

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