Apple stock

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I have a laptop. It's not retina though. It's plenty good enough that I don't feel compelled to replace it, even though there are newer models. In fact, I think the newer models would be a step down in some ways - I have an SSD and a 750G HD internal to my laptop (HD replaced the DVD drive). I don't think you can do that with the newer ones. The CPU is plenty fast. The screen resolution (15") is plenty good.

They have to innovate a LOT to sell me a new one.

Same for my iMac.

Apple TV was $99. When they came out with full 1080P version, it was worth the $99 to upgrade. Unless they add significant new features, I don't see a reason to upgrade again.

My iPhone 4 is plenty good enough. The network is slow, 3G, but I'm really happy to have any network at all and for all the functionality. I'm grandfathered in for unlimited bandwidth, too, which I don't want to give up to have a bigger screen or whatever.

They sold me $24.95 a year for iCloud and iTunes Match. They can probably sell me quite a few more services like that. I haven't heard any rumors about anything interesting in the works though.

iOS? They fired the guy that made it great. Maybe the new guy is good, too, but from what I've read, he wants to change a lot of the look and feel. That the apps look like real world things is so agreeable to me, though. I'm open to it being good, but I'm also underwhelmed by even the upgrade from iOS5 to 6 wasn't that huge. In fact, software updates are so frequent, I'm getting really bored with them, though I realize the upgrades to the software are likely beneficial.

I think Jobs was a rare breed of CEO. He was an engineer with knowledge of every detail of computing devices. He knew about user interfaces. He realized that battery life was important to stress. He was good with the finances, too. The new guy seems only good with the finances, for which the product lines seem to have become predictable and boring but good for the finances.

Realize that before the iPad, it was a dubious prospect that tablet computing would ever be worthwhile. As near as I can tell, the one man drove the product and built a whole industry around it.

There was a point where it looked to me like Apple was able to go head to head with Google in a battle of titans for control of the direction of technology. I'm not at all sure anymore.
 
BlazerCaravan said:
This year is a "tock" year in a tick/tock cycle. Software update for iOS which will be pretty big (Jony Ive took over from Forstall there, so less skeumorphism); retina iPad mini that I've been waiting for; new desktop Mac Pro powerhouse; streaming music service; 4k res monitor possibly; retina-res Macbook Airs possibly... iWatch (ehn, whatever)

...not an Apple TV solution, though. That's kind of the last big hardware/media space Apple doesn't have a major stake in.

Next year... next year. Even the Yankees didn't win a title every year.
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Everything you just listed is just an upgrade on an existing product. Not new innovation.

It appears the market disagrees with you pretty strongly, at this point.
 
Do you people even know why the stock is down the last two days?
 
Wouldn't "tock" be iPhone 5 + mini iPad + retina MacBook + super thin iMac?

Seems like tock tock tock.
 
BlazerCaravan said:
No shit Sherlock. That's what the tock means. Christ you people know nothing about tech do you?
Click to expand...

Exactly my point. There haven't been any "ticks". But since you know everything about tech there should have been some in the last couple years or this year.

Perhaps you can come down here to silicon valley and teach me all about tech?

Judging by how pissy you're getting, it appears you're long aapl stock. You should probably learn about stock selection instead of hoping that retina displays will save your ass.
 
blazerboy30 said:
Exactly my point. There haven't been any "ticks". But since you know everything about tech there should have been some in the last couple years or this year.

Perhaps you can come down here to silicon valley and teach me all about tech?

Judging by how pissy you're getting, it appears you're long aapl stock. You should probably learn about stock selection instead of hoping that retina displays will save your ass.
Click to expand...

This is actually a really good time to buy apple. It's been abused; yet the PE is awesome! The drop is mainly an emotionally driven one. Wait until the hedge funds start buying back what they sold off.
 
blazerboy30 said:
Exactly my point. There haven't been any "ticks". But since you know everything about tech there should have been some in the last couple years or this year.

Perhaps you can come down here to silicon valley and teach me all about tech?

Judging by how pissy you're getting, it appears you're long aapl stock. You should probably learn about stock selection instead of hoping that retina displays will save your ass.
Click to expand...

I own zero shares (sold after they split, so yes I know very little about stock selection). I'm pissy for other reasons. I know a lot about tech, though.
 
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BlazerCaravan said:
I own zero shares (sold after they split, so yes I know very little about stock selection). I'm pissy for other reasons. I know a lot about tech, though.
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Then perhaps you're missing the skills needed to align tech knowledge with business and profit success.

I'm surrounded by thousands and thousands of the former type here in SV. They're a dime a dozen.
 
magnifier661 said:
This is actually a really good time to buy apple. It's been abused; yet the PE is awesome! The drop is mainly an emotionally driven one. Wait until the hedge funds start buying back what they sold off.
Click to expand...

Many people were saying this at $600, at $550, $500, etc, etc.
 
Apple's book value is ~$135/share.
 
magnifier661 said:
Absolutely true. But the numbers don't lie. Are you saying that it's not being sold off?
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Obviously it's being sold off. You're saying it's a buy. If people had listened to that reasoning months ago, they'd be down 40%.
 
blazerboy30 said:
Obviously it's being sold off. You're saying it's a buy. If people had listened to that reasoning months ago, they'd be down 40%.
Click to expand...

I never said it was a buy 4 months ago. I had a feeling the hedge funds were going to take their profits. I think most the sell off is done. The company is worth around $500 a share according to the financials.
 
BlazerCaravan said:
I honestly think a bunch of Apple's growth came on the backs of believers and smaller institutions who also believed. Now that the big boys are buying large, the stock's behavior is shifting a lot, and taking on an up/down cadence that isn't to my liking.

I owned a few shares (bought in 2001), and loved owning it (I sold in 2005 to buy a Mac Mini), but I don't know if I would buy now with how closely Apple follows the market at large. Used to be it could grow despite the market's fluctuations... now it seems to follow them too closely.
Click to expand...

Just sayin'... I'm apparently not a total idiot.
 
BlazerCaravan said:
Apple's stock always takes a nice tumble before an earnings call. Their P/E ratio is half that of their major competitors, and there's talk of some stock manipulation happening with the recent "cutting hardware orders in half" story where the number they supposedly cut in half was exactly double their normal order (65 million units down to 37.5 million where a normal quarter for them is 30-40 million units).

I really don't like Apple stock right now, because it's such a target. The company is doing fine, but the stock is being ridden like the a prom date.
Click to expand...

And again. Yeah nothing I'm saying is amazing, but come on blazerboy.
 
The analysis had something to do with big stock drops having three phases/waves, and that using some mathematical algorithm, you could kinda sorta predict the bottom, which in this dude's case for Apple was 318.

Though, if earnings come back less than awesome, that shit's dropping like a rock.
 
magnifier661 said:
Yeah because you want to have a good return. The actual value of the company is $500 a share
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The "actual" value of the company is what people are willing to pay per share for the stock times the number of shares.

$500 is an opinion.
 
Denny Crane said:
The "actual" value of the company is what people are willing to pay per share for the stock times the number of shares.

$500 is an opinion.
Click to expand...

Well yeah, but you use various tools to get the value of a company and make a decision to buy it. I could say that Microsoft is only a $10 per share company; but it may never get to that point.
 
If everyone thought it was a $500 stock, you wouldn't be able to buy it because nobody would be selling at this price.
 
Denny Crane said:
If everyone thought it was a $500 stock, you wouldn't be able to buy it because nobody would be selling at this price.
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That's a bunch of bullshit. If someone bought 1,000 shares of apple when it was $200 ($200,000), then decided to sell off 50% of then when it was $500 ($250,000); you could make a $50,000 and still own 500 shares of a company valued at $500 ($250,000)

Basically you are playing with house money. This happens all the time.
 
magnifier661 said:
That's a bunch of bullshit. If someone bought 1,000 shares of apple when it was $200 ($200,000), then decided to sell off 50% of then when it was $500 ($250,000); you could make a $50,000 and still own 500 shares of a company valued at $500 ($250,000)

Basically you are playing with house money. This happens all the time.
Click to expand...

If $500 is guaranteed, you'd be a fool not to take even more profit.
 
Denny Crane said:
If $500 is guaranteed, you'd be a fool not to take even more profit.
Click to expand...

Not if you are a hedge fund. If you think you can take profit and find another company that will grow faster; you sell off and buy into another growth.

Like I said "happens all the time"
 
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