i think apple makes great products i love that new 599 imac mini its not overly priced compared to a pc even. apple has pitched a perfect game for a long time but the iphone 5 is not better than the galaxy phone and the new mini tablet can't compete against the 199 price from google or amazon. they have gotten to a point where the competition is putting out almost equal products at lower cost. i would not pay 130 more for the mini tablet but if the price was 230 i would buy it. its value shopping its not being cheap even.
AAPL: Buying the Dips!
- Thread starter cactiman
- Start date
One thing is all the negative press and bearish sentiment is coming from the tech press, who are mostly geeks who value price/specs more than the overall user experience. IMO, most if not all of Apple's customers would never even consider owning an Android tablet.
There was even a South Park about it, in which Eric Cartman left Best Buy with no tablet rather than accept a cheaper non-Apple model.
There was even a South Park about it, in which Eric Cartman left Best Buy with no tablet rather than accept a cheaper non-Apple model.
well good i would make my investment decisions on a carton of a fat racist boy who has a mom who is a slut haha people buy apple because its a good product not because its apple. japanese cars sucked in the beginning but now they are cheaper, better, and sell more than american cars. you can use the same example with hyundai. people with a lot of money will always buy the best name brand but the middle class will take value if everything else is almost equal.
A BMW is a better car but Toyota is worth more and makes more. It comes down to value at some point.
Toyota 122 billion market cap
BMW 50 billion market cap
Mercedes 51 billion market cap
GM 37 billion
Toyota 122 billion market cap
BMW 50 billion market cap
Mercedes 51 billion market cap
GM 37 billion
Quote from cactiman:
Wanting an Apple product is like wanting a BMW or Mercedes.
You have to have it, and don't mind paying a bit more.
In fact, you're sort of glad it costs a bit more - a status thing....
I have stepped back from APPL. I think earnings will be good, but the Steve Jobs factor is gone, and I am not willing to make the usual easy money bet. They maybe the same as ever, but part of their appeal is the Steve Jobs marketing fantasy. I am not willing to play the game as the variables have changed. There is always, and I mean always, another to jump on. I can miss APPL until proven otherwise.
Quote from cactiman:
You either have to go into cash every 3 months because of Earnings Announcements - or just hold your breath, close your eyes, and get through 'em the best you can.
Up, Down, or Sideways gives you 2 out of 3 odds for no damage I suppose.
Still, I'm always glad when they're over.
Agree.
I was long around 644, but sold quickly at 652 before the big drop last week, today its again at multi week lows touching $607.33.....I'm actually going to take a small small position if it does drop tonight after the close, will not buy it if it jumps though because I know I will be able to pick up shares once again in this range if it does jump to $650 by Friday morning.