AAPL

[Nine_Ender]

Exactly


Blame the market as usual....typical of most CEOs ....

I wrote here a long time ago that no company stays on top forever. Every hot company always becomes cold....

Another pointless idea from you. There was a third founder who sold his 10% stake in AAPL for $800. He reminds me of you. He obviously thought AAPL was "worthless" and the $800 could buy him some sandwiches.

No company stays on top forever, but many stay highly profitable and/or at the top for decades. MSFT for example, or top Canadian banks. You'd never invest in them because you always think real success is fake and will take on a huge downside eventually. Not really true, anyone buying AAPL for $10 a share in 1999 is sitting pretty regardless of what it does the next 10 years. And if you are that founder, boy, you really screwed up not taking a longer term perspective ( that $800 is worth something like $60 billion now ).

 

[Jamie J.]

AAPL will remain stable in the near future. No more than $95 for sure.

 

[DallasCowboysFan]

I saw this article about Apple today. It assessed that IPhone problems and future growth. They said that Apple was relying too much on India to pick up the slack in China's growth. And that people willing to pay a premium for an Apple product has already matured.

The general idea was that their growth has matured and although they have some products in the pipeline, they have a rough road ahead. There is much more here......

I wonder what percentage of people around the world own cell phones today and what percentage of the remaining ones can actually afford one ? Fifteen years ago, they were a novelty, now they are as common as wallets and watches. If we slide into a recession do you think it will impact Apple sales? Will people still buy $700 Iphones or buy a cheaper Android or a cheaper, $399 Iphone SE.

http://finance.yahoo.com/news/iphone-warning-signs-apple-management-143038282.html

 

[ScalperJoe]

DallasCowboysFan,

Good article. AAPL is still very heavily weighted in the indices, and as long as the dividend keeps rising (they just announced another increase despite the earnings miss), it will have some stability, given the institutional ownership of the shares.

It remains to be seen if this earnings was a "one off" event, or if there's a real trend change within the sales cycle. My guess is this earnings will be long forgotten, as die hard fans line up for the new iPhone 7 later this year, and AAPL eventually reports another "blow out" quarter, sending the shares much higher.

 

[viktor_k67]

If we slide into a recession do you think it will impact Apple sales? Will people still buy $700 Iphones or buy a cheaper Android or a cheaper, $399 Iphone SE.

If we slide into a recession people will stop buying. Number of sold iPhones will be reduced as well as the number of sold Androids.

Current tendency is that, every year, we have to buy the latest version of iPhone/Android or at least we have to renew it every 2-3 years. The reality is that you may use your cell phone, especially good quality iPhone for many years. In case of a recession many people will just stop updating their cell phones. They will wait for better times. One of the biggest AAPL advantages - good quality product - will hit the AAPL back - when you have good product you do not have to replace it as often as bad quality product.

iPhone has 70% of the AAPL business and this is the weakest link in this company and it does not look like the company even trying to get into any other bussiness. In case of a recession this stock could be hit hard. However, AAPL was hit hard many times and it always recovered and it always run higher.

 

[Phill Twist]

Apple (AAPL) is tanking again and it will likely get worse. Apple (AAPL) is a buy around $87 if it tanks more from here.

 

[Lloyd W. Coutee]

3 Day building major capitulation support (base) $AAPL & SAP Partner to Revolutionize Work on iPhone & iPad $SPX

 

[S2007S]

Apple is a dime away from fresh 52 week lows....last time Apple was this low was August 2015

 

[noddyboy]

Apple is a dime away from fresh 52 week lows....last time Apple was this low was August 2015

Yeah I am still short. Might cover soon. What are you trading?

 

[S2007S]

Yeah I am still short. Might cover soon. What are you trading?

This week just traded DRIP and JNUG

Still holding DUST and JDST which are Down quite heavy today on that jobs report ..... and the fact rates aren't going anywhere soon gold is surging once again...