Apple....

[TheRed]

Has it hit the wall? I lost over $400 today...:(

[ccyk]

Apple Falls
Submitted by Tyler Durden on 07/24/2012 - 16:33

UPDATE: AAPL -6.25% AH

Major misses everywhere, and this for the second quarter in a row:

APPLE 3Q REV. $35.02B, EST. $37.25B
APPLE 3Q EPS $9.32, EXP. $10.37
APPLE 3Q NET PROFIT $8.8B
APPLE SEES 4Q REV. ABOUT $34B, EST. $38.01B
AAPLE 3Q GROSS MARGIN 42.8%, EST. 43.8%
APPLE SOLD 17.0 MILLION IPADS DURING QTR, UNIT EST. 15.4M
APPLE 3Q IPOD UNITS SOLD 6.8MLN , DOWN 10%
APPLE SOLD 4.0 MILLION MACS DURING QTR, UNIT EST. 4.3M
APPLE SOLD 6.8 MILLION IPODS IN QTR, UNIT EST. 6.6M

Is the dream over?

[charliebrown]

seems to be support at $570 in after-hours trade

[TheRed]

seems to be support at $570 in after-hours trade

Its only going south after this especially with thats going on in europe, at least until October. Then again the US fiscal renewal at the end of the year is worrying.

[brunes]

Its only going south after this especially with thats going on in europe, at least until October. Then again the US fiscal renewal at the end of the year is worrying.

I have a strong suspicion what you are going to see is markets open at 570 then a flurry of buying tomorrow, with it ending up somewhere around 580... then it will bounce between 580 and 590 until the new iPhone is released in October, upon which it's insanely blockbuster sales due to pent-up demand for a new phone from the past two years will take the stock over $650 before January.

[TheRed]

I have a strong suspicion what you are going to see is markets open at 570 then a flurry of buying tomorrow, with it ending up somewhere around 580... then it will bounce between 580 and 590 until the new iPhone is released in October, upon which it's insanely blockbuster sales due to pent-up demand for a new phone from the past two years will take the stock over $650 before January.

Nah not going to happen since there's a big elephant in the room...the global economy and the fact that Apple ships far less iphones than last year of the same quarter. What may happen tomorrow is the stock will still be flat... and iPhone 5 is the only real hope for Apple's big rebound

[brunes]

Nah not going to happen since there's a big elephant in the room...the global economy and the fact that Apple ships far less iphones than last year of the same quarter. What may happen tomorrow is the stock will still be flat... and iPhone 5 is the only real hope for Apple's big rebound
Of course they shipped less iPhones this year - everyone is waiting for the new phone. It is not like last year when people expected a minor upgrade. Everyone knows this new one is a MAJOR upgrade, with a larger screen and new dock connector. You'd have to be an idiot to buy an iPhone right now.

[adamtheman]

This happens every single year. People are waiting for iPhone 5.

However, iPhone 5 will be the downfall of Apple. It can't possibly live up to the hype. With all these new phones on the market and android picking up steam, I would be considering shorting AAPL and going long on GOOG. iPhone 5 will be the best selling phone of all time, but it will leave a sour taste in the mouths of people who buy it, as other phones start to surpass the apple technology. Reminds me of Nintendo. Apple will lose the apps market eventually to android and then it will all be over.

[TheRed]

This happens every single year. People are waiting for iPhone 5.

However, iPhone 5 will be the downfall of Apple. It can't possibly live up to the hype. With all these new phones on the market and android picking up steam, I would be considering shorting AAPL and going long on GOOG. iPhone 5 will be the best selling phone of all time, but it will leave a sour taste in the mouths of people who buy it, as other phones start to surpass the apple technology. Reminds me of Nintendo. Apple will lose the apps market eventually to android and then it will all be over.

Yeah it happened every year, the problem is on the fact that iPhone shipment fall drastically. Also going long in Goog also no good since goog have no solid revenue plan for android yet, its more like Samsung is reaping all the benefits from androids. Android is free and Goog only potentially recover some costs from Google Play sales, which, Amazon is better at.

Blah.

[brunes]

This happens every single year. People are waiting for iPhone 5.

However, iPhone 5 will be the downfall of Apple. It can't possibly live up to the hype. With all these new phones on the market and android picking up steam, I would be considering shorting AAPL and going long on GOOG. iPhone 5 will be the best selling phone of all time, but it will leave a sour taste in the mouths of people who buy it, as other phones start to surpass the apple technology. Reminds me of Nintendo. Apple will lose the apps market eventually to android and then it will all be over.

While I totally agree with your position I don't agree with your timing. The time to short AAPL is not now, it is around January after the hype balloon busts and the downward spiral begins.


Yeah it happened every year, the problem is on the fact that iPhone shipment fall drastically. Also going long in Goog also no good since goog have no solid revenue plan for android yet, its more like Samsung is reaping all the benefits from androids. Android is free and Goog only potentially recover some costs from Google Play sales, which, Amazon is better at.


Google never meant to make money off of Android, all they want to do is break even. The whole purpose of Android is to advance the state of the mobile web and mobile market so they can make money off of what they are good at - targeted ads. They have said this from the very beginning publicly so I don't know why people have such a hard time grasping the concept. Not everything a company does has to directly generate revenue, some companies see the big picture, like Google.

[TheRed]

While I totally agree with your position I don't agree with your timing. The time to short AAPL is not now, it is around January after the hype balloon busts and the downward spiral begins.



Google never meant to make money off of Android, all they want to do is break even. The whole purpose of Android is to advance the state of the mobile web and mobile market so they can make money off of what they are good at - targeted ads. They have said this from the very beginning publicly so I don't know why people have such a hard time grasping the concept. Not everything a company does has to directly generate revenue, some companies see the big picture, like Google.

Phones are too personal, people hate seeing ads on their phones. How much is their mobile ads revenue anyways and is it effective? Just like facebook and every other company is having difficulty making money off mobile...except for selling virtual goods directly like movies, apps, books, ah good old sales.

[TheRed]

I guess south it is for aapl in 2013...and for the rest of the stock market in general?

Time to recover some losses in short sales...entered the market at the wrong time (april of this year) where everything is at its high...

[noob666]

i knew this is going to happen ! hehe

got myself a lot of nice put options on it !!!

aapl will go down to $500 range when iphone 5 comes out and it'll not save them

i hope the ipod touch is a good indication of how the new 5 will be like, only a bigger screen and A5 chips and it will disappointed a lot of fanboy

[brunes]

Phones are too personal, people hate seeing ads on their phones. How much is their mobile ads revenue anyways and is it effective? Just like facebook and every other company is having difficulty making money off mobile...except for selling virtual goods directly like movies, apps, books, ah good old sales.

It is mostly irrelevant that people hate seeing ads on their phones, because they are coming. As people spend less time watching TV and on the PC, and more time on their phones and tablets, the ad dollars will follow them. Companies are not going to advertise on platforms people are not spending any time, they want their ads where the eyeballs are, and that will be mobile.

The same can be said of effectiveness as well. Ads are not always about direct sales, but very often about brand awareness. When Budwiser shows a 20 million dollar spot during the Superbowl, it is not so that more people will run out and buy some new product the next day. These are the kinds of ads where the platform is irrelevant, what is relevant is getting your brand exposure - and as more people move to mobile for day to day tasks, that is the place more advertisers will want to be.

Again - it is all about big picture.. not today's market, but the 2014+ market. People don't see how fast this stuff is changing. By 2014, it will be common that you won't even need to have a digital connection to your home anymore - your mobile phone will be your connection to everything, and when at home it will wirelessly pair with your big screen TV and be the hub of everything... when you move to the office, it will wirelessly pair with a monitor, mouse and keyboard so you can get work done. When you leave the house, you just pick it back up and keep watching as you leave. EVERYTHING will be on your mobile for some people. This is where we are heading - this is why Google had the foresight to launch Android years ago - because they did not want Apple cornering this market and shutting them out.

[ilapastel]

this might be the wrong thread to ask this, but online brokers are you guys using? im looking into virtual brokers.. any input?

[menaknow]

And she's heading back up

[ilusa]

Droid > Apple

[rfdrfd]

http://lessons.tradingacademy.com/article/apple-eye/?CampaignID=70140000000NX9B&CampaignCode=ZLWB0LP00001200PEPR_RSS&utm_medium=web&utm_source=lftp-rss&utm_campaign=2012-04&utm_content=v1