Apple (AAPL) : Tim Cook announces iForum. Dodds and Bryant prepare shut down operations (1 Viewer)

[tommyGunZ]

+14.34 (2.81%)

I'm making more on this stock every morning before I get to work than I actually make in the office all day. An incredible run.

yeah, i want to buy in but am going to have to wait this one out until there is a dip to get some value.

Did you buy at the dip yesterday gb?

 

[Major]

+14.34 (2.81%)

I'm making more on this stock every morning before I get to work than I actually make in the office all day. An incredible run.

yeah, i want to buy in but am going to have to wait this one out until there is a dip to get some value.

Did you buy at the dip yesterday gb?

i like buying small $ options during these dips...it's been paying off for a while...i'm sure soon i'll get burned but the initial investment is FBG pocket change.

 

[bagger]

+14.34 (2.81%)

I'm making more on this stock every morning before I get to work than I actually make in the office all day. An incredible run.

yeah, i want to buy in but am going to have to wait this one out until there is a dip to get some value.

Did you buy at the dip yesterday gb?

waiting for a bigger dip.you can all laugh a me when i still havent bought any when it is at 1,000 per share.

 

[tommyGunZ]

+14.34 (2.81%)

I'm making more on this stock every morning before I get to work than I actually make in the office all day. An incredible run.

yeah, i want to buy in but am going to have to wait this one out until there is a dip to get some value.

Did you buy at the dip yesterday gb?

waiting for a bigger dip.you can all laugh a me when i still havent bought any when it is at 1,000 per share.

At least tell us that you got rid of some of your condos.

 

[bagger]

+14.34 (2.81%)

I'm making more on this stock every morning before I get to work than I actually make in the office all day. An incredible run.

yeah, i want to buy in but am going to have to wait this one out until there is a dip to get some value.

Did you buy at the dip yesterday gb?

waiting for a bigger dip.you can all laugh a me when i still havent bought any when it is at 1,000 per share.

At least tell us that you got rid of some of your condos.

i had one condo that i never sold when we moved, still renting it out.really just a tax shelter at this point, probably will pull the plug in 2013 and sell it then.

with all your apple profits you going to buy a house?

 

[tommyGunZ]

+14.34 (2.81%)

I'm making more on this stock every morning before I get to work than I actually make in the office all day. An incredible run.

yeah, i want to buy in but am going to have to wait this one out until there is a dip to get some value.

Did you buy at the dip yesterday gb?

waiting for a bigger dip.you can all laugh a me when i still havent bought any when it is at 1,000 per share.

At least tell us that you got rid of some of your condos.

i had one condo that i never sold when we moved, still renting it out.really just a tax shelter at this point, probably will pull the plug in 2013 and sell it then.

with all your apple profits you going to buy a house?

Nah, I think I'll throw it all on the Padres to win the World Series this year. It's a lead pipe LOCK.

 

[Fennis]

I'm not an AAPL hater as I have a decent amount in these guys, but where are we in relation to this?

ETA: credit to siff for giving me that pic.

We are returning to normal. All is OK.

 

[Statcruncher]

....the myth of the Apple fanboy......

Sorry, this made me giggle.

 

[Ned]

I'm not an AAPL hater as I have a decent amount in these guys, but where are we in relation to this?

ETA: credit to siff for giving me that pic.

We are returning to normal. All is OK.

Someone's getting scared.

 

[moderated]

They pump, and they dump.

 

[One]

They pump, and they dump.

Fixed.

 

[One]

Hmm...

What are you guys doing with this AAPL stock today?

 

[moderated]

I'm flush with puts, sold some this morning to hedge a bit but I expect under 11eps which will cause slide.

AT&T iPhone sales WAY down from last quarter, expectations are too high this quarter.

The 1 trillion analysts who pumped stock up made me laugh...and a lot richer as puts have been a gravy train.

 

[goonsquad]

I'm flush with puts, sold some this morning to hedge a bit but I expect under 11eps which will cause slide.

AT&T iPhone sales WAY down from last quarter, expectations are too high this quarter.

The 1 trillion analysts who pumped stock up made me laugh...and a lot richer as puts have been a gravy train.

iPhone sales are up compared to Q1 2011 (from 3.6M to 4.3M) and the iPhone accounted for 78% of ATT's smartphone sales this quarter. Hard to imagine that being a negative for Apple. Comparing this quarter to holiday quarter sales is disingenuous at best, nobody expected sales to match Q4.ETA: Last quarter was also the iPhone 4S launch quarter, sales have always been significantly lower in quarters following a launch.

 

[goonsquad]

Hmm... What are you guys doing with this AAPL stock today?

Buy more.

 

[moderated]

I'm flush with puts, sold some this morning to hedge a bit but I expect under 11eps which will cause slide.

AT&T iPhone sales WAY down from last quarter, expectations are too high this quarter.

The 1 trillion analysts who pumped stock up made me laugh...and a lot richer as puts have been a gravy train.

iPhone sales are up compared to Q1 2011 (from 3.6M to 4.3M) and the iPhone accounted for 78% of ATT's smartphone sales this quarter. Hard to imagine that being a negative for Apple. Comparing this quarter to holiday quarter sales is disingenuous at best, nobody expected sales to match Q4.ETA: Last quarter was also the iPhone 4S launch quarter, sales have always been significantly lower in quarters following a launch.

that's the point, the expectations have been way too high with Apple, most were expecting a bizarre growth YOY for this quarter. Were those people unrealistic? Of course, but those unrealistic expectations were also what ran the largest market cap company in the world up 250+ billion in a short few months.

Nobody was talking about the risks up until a couple weeks ago, according to the "1 trillion" analysts everything would of course go perfect and Apple would grow infinite while keeping their ridiculous margins.

I love Apple as a company, as an investment it is extremely risky. The Companies who have made it to the top never pull away from the pack, things never go perfectly. Competition is too strong, especially in technology.

 

[Major]

I'm flush with puts, sold some this morning to hedge a bit but I expect under 11eps which will cause slide.

AT&T iPhone sales WAY down from last quarter, expectations are too high this quarter.

The 1 trillion analysts who pumped stock up made me laugh...and a lot richer as puts have been a gravy train.

iPhone sales are up compared to Q1 2011 (from 3.6M to 4.3M) and the iPhone accounted for 78% of ATT's smartphone sales this quarter. Hard to imagine that being a negative for Apple. Comparing this quarter to holiday quarter sales is disingenuous at best, nobody expected sales to match Q4.ETA: Last quarter was also the iPhone 4S launch quarter, sales have always been significantly lower in quarters following a launch.

that's the point, the expectations have been way too high with Apple, most were expecting a bizarre growth YOY for this quarter. Were those people unrealistic? Of course, but those unrealistic expectations were also what ran the largest market cap company in the world up 250+ billion in a short few months.

Nobody was talking about the risks up until a couple weeks ago, according to the "1 trillion" analysts everything would of course go perfect and Apple would grow infinite while keeping their ridiculous margins.

I love Apple as a company, as an investment it is extremely risky. The Companies who have made it to the top never pull away from the pack, things never go perfectly. Competition is too strong, especially in technology.

I was actually thinking of shorting yesterday before ATTs announcement ....think we have some more downside so I'll be holding off for a bit but great buying opportunity if this thing trades down to $500.

 

[Todem]

Still trading at 11X's forward PE.

Nice 15% pull back from it's all time high. Of course this stock needs a breather. 60% upward movement in 3 months!

Stay long. Buy dips. They are just scratching the surface with tablets.

This thing is a monster. All they do is print money. Apple is just starting. Nothing not to like about them long term.

And yes making money on puts for the last 2 years with this thing. Absolute joke to be honest.

 

[tommyGunZ]

I'm flush with puts, sold some this morning to hedge a bit but I expect under 11eps which will cause slide.

AT&T iPhone sales WAY down from last quarter, expectations are too high this quarter.

The 1 trillion analysts who pumped stock up made me laugh...and a lot richer as puts have been a gravy train.

iPhone sales are up compared to Q1 2011 (from 3.6M to 4.3M) and the iPhone accounted for 78% of ATT's smartphone sales this quarter. Hard to imagine that being a negative for Apple. Comparing this quarter to holiday quarter sales is disingenuous at best, nobody expected sales to match Q4.ETA: Last quarter was also the iPhone 4S launch quarter, sales have always been significantly lower in quarters following a launch.

that's the point, the expectations have been way too high with Apple, most were expecting a bizarre growth YOY for this quarter. Were those people unrealistic? Of course, but those unrealistic expectations were also what ran the largest market cap company in the world up 250+ billion in a short few months.

Nobody was talking about the risks up until a couple weeks ago, according to the "1 trillion" analysts everything would of course go perfect and Apple would grow infinite while keeping their ridiculous margins.

I love Apple as a company, as an investment it is extremely risky. The Companies who have made it to the top never pull away from the pack, things never go perfectly. Competition is too strong, especially in technology.

Who was expecting bizarre growth YOY for this quarter?Apple isn't overpriced according to the fundamentals at all.

 

[culdeus]

Does anyone really have a feel for who is pushing the factory unlock policy? Is it ATT or Apple pushing that? And what is the strategic motivation to change the policy now? I find the timing very interesting. It is almost like ATT doesn't want the Iphones anymore.

 

[moderated]

I'm flush with puts, sold some this morning to hedge a bit but I expect under 11eps which will cause slide.

AT&T iPhone sales WAY down from last quarter, expectations are too high this quarter.

The 1 trillion analysts who pumped stock up made me laugh...and a lot richer as puts have been a gravy train.

iPhone sales are up compared to Q1 2011 (from 3.6M to 4.3M) and the iPhone accounted for 78% of ATT's smartphone sales this quarter. Hard to imagine that being a negative for Apple. Comparing this quarter to holiday quarter sales is disingenuous at best, nobody expected sales to match Q4.ETA: Last quarter was also the iPhone 4S launch quarter, sales have always been significantly lower in quarters following a launch.

that's the point, the expectations have been way too high with Apple, most were expecting a bizarre growth YOY for this quarter. Were those people unrealistic? Of course, but those unrealistic expectations were also what ran the largest market cap company in the world up 250+ billion in a short few months.

Nobody was talking about the risks up until a couple weeks ago, according to the "1 trillion" analysts everything would of course go perfect and Apple would grow infinite while keeping their ridiculous margins.

I love Apple as a company, as an investment it is extremely risky. The Companies who have made it to the top never pull away from the pack, things never go perfectly. Competition is too strong, especially in technology.

Who was expecting bizarre growth YOY for this quarter?Apple isn't overpriced according to the fundamentals at all.

did you not read anything the past couple months. Media and analysts were pumping this thing non-stop.i also think it's a mistake to think that Apple will for sure be making more money in a couple years then it is now. With the way the tech market works and with history showing one company in a sector can't maintain margins grossly higher then the rest long term there is a very good chance their profit in 2014+ could be lower, and possibly much lower then it is now. No one wants to acknowledge that, instead it's all roses and Apple's profits can only go up.

I know people like to focus on there here and now, but looking ahead a couple years i just don't see Apple more dominant then it is now, and i see much lower margins.

Look at history, companies don't lap the field, Apple isn't going to double the 2nd place companies market cap. I know, it's different this time, the phrase people use to justify betting on exceptions up until they are broke.

 

[moderated]

Does anyone really have a feel for who is pushing the factory unlock policy? Is it ATT or Apple pushing that? And what is the strategic motivation to change the policy now? I find the timing very interesting. It is almost like ATT doesn't want the Iphones anymore.

Not sure, but ATT's margins were up quite a bit due to less subsidized iphones this quarter.The game was different when Apple wasn't so huge, now the phone companies realize they are screwed with the current way they deal with subsidies.Eventually they will fight back and work for more favorable deals. When it happens who knows, but it will happen, just a matter of time.

 

[tommyGunZ]

I'm flush with puts, sold some this morning to hedge a bit but I expect under 11eps which will cause slide.

AT&T iPhone sales WAY down from last quarter, expectations are too high this quarter.

The 1 trillion analysts who pumped stock up made me laugh...and a lot richer as puts have been a gravy train.

iPhone sales are up compared to Q1 2011 (from 3.6M to 4.3M) and the iPhone accounted for 78% of ATT's smartphone sales this quarter. Hard to imagine that being a negative for Apple. Comparing this quarter to holiday quarter sales is disingenuous at best, nobody expected sales to match Q4.ETA: Last quarter was also the iPhone 4S launch quarter, sales have always been significantly lower in quarters following a launch.

that's the point, the expectations have been way too high with Apple, most were expecting a bizarre growth YOY for this quarter. Were those people unrealistic? Of course, but those unrealistic expectations were also what ran the largest market cap company in the world up 250+ billion in a short few months.

Nobody was talking about the risks up until a couple weeks ago, according to the "1 trillion" analysts everything would of course go perfect and Apple would grow infinite while keeping their ridiculous margins.

I love Apple as a company, as an investment it is extremely risky. The Companies who have made it to the top never pull away from the pack, things never go perfectly. Competition is too strong, especially in technology.

Who was expecting bizarre growth YOY for this quarter?Apple isn't overpriced according to the fundamentals at all.

did you not read anything the past couple months. Media and analysts were pumping this thing non-stop.i also think it's a mistake to think that Apple will for sure be making more money in a couple years then it is now. With the way the tech market works and with history showing one company in a sector can't maintain margins grossly higher then the rest long term there is a very good chance their profit in 2014+ could be lower, and possibly much lower then it is now. No one wants to acknowledge that, instead it's all roses and Apple's profits can only go up.

I know people like to focus on there here and now, but looking ahead a couple years i just don't see Apple more dominant then it is now, and i see much lower margins.

Look at history, companies don't lap the field, Apple isn't going to double the 2nd place companies market cap. I know, it's different this time, the phrase people use to justify betting on exceptions up until they are broke.

I have no idea what Apple will be doing a few years from now. I certainly put more weight into fundamentals, market share, expansion into emerging markets, tablet growth, etc. than a "don't bet on the lead horse" anecdote.

 

[moderated]

I'm flush with puts, sold some this morning to hedge a bit but I expect under 11eps which will cause slide.

AT&T iPhone sales WAY down from last quarter, expectations are too high this quarter.

The 1 trillion analysts who pumped stock up made me laugh...and a lot richer as puts have been a gravy train.

iPhone sales are up compared to Q1 2011 (from 3.6M to 4.3M) and the iPhone accounted for 78% of ATT's smartphone sales this quarter. Hard to imagine that being a negative for Apple. Comparing this quarter to holiday quarter sales is disingenuous at best, nobody expected sales to match Q4.ETA: Last quarter was also the iPhone 4S launch quarter, sales have always been significantly lower in quarters following a launch.

that's the point, the expectations have been way too high with Apple, most were expecting a bizarre growth YOY for this quarter. Were those people unrealistic? Of course, but those unrealistic expectations were also what ran the largest market cap company in the world up 250+ billion in a short few months.

Nobody was talking about the risks up until a couple weeks ago, according to the "1 trillion" analysts everything would of course go perfect and Apple would grow infinite while keeping their ridiculous margins.

I love Apple as a company, as an investment it is extremely risky. The Companies who have made it to the top never pull away from the pack, things never go perfectly. Competition is too strong, especially in technology.

Who was expecting bizarre growth YOY for this quarter?Apple isn't overpriced according to the fundamentals at all.

did you not read anything the past couple months. Media and analysts were pumping this thing non-stop.i also think it's a mistake to think that Apple will for sure be making more money in a couple years then it is now. With the way the tech market works and with history showing one company in a sector can't maintain margins grossly higher then the rest long term there is a very good chance their profit in 2014+ could be lower, and possibly much lower then it is now. No one wants to acknowledge that, instead it's all roses and Apple's profits can only go up.

I know people like to focus on there here and now, but looking ahead a couple years i just don't see Apple more dominant then it is now, and i see much lower margins.

Look at history, companies don't lap the field, Apple isn't going to double the 2nd place companies market cap. I know, it's different this time, the phrase people use to justify betting on exceptions up until they are broke.

I have no idea what Apple will be doing a few years from now. I certainly put more weight into fundamentals, market share, expansion into emerging markets, tablet growth, etc. than a "don't bet on the lead horse" anecdote.

you should think about where things will be long term if you're invested in it.1)Do you feel they can maintain margins?

2)Do you think customers refreshing every year is sustainable now that Apple is mass market?

3)Is Apple's competition going to get stronger? right now Apple is ahead, without Jobs can they maintain the lead?

Apple is a great company and will continue to be, i just don't like them as a long term investment.

Could Apple's stock go to 1,000, sure, i just don't like to put money on an anomaly happening.

 

[culdeus]

Does anyone really have a feel for who is pushing the factory unlock policy? Is it ATT or Apple pushing that? And what is the strategic motivation to change the policy now? I find the timing very interesting. It is almost like ATT doesn't want the Iphones anymore.

Not sure, but ATT's margins were up quite a bit due to less subsidized iphones this quarter.The game was different when Apple wasn't so huge, now the phone companies realize they are screwed with the current way they deal with subsidies.Eventually they will fight back and work for more favorable deals. When it happens who knows, but it will happen, just a matter of time.

This is absolutely the A#1 threat, but then you look at ipad which has no subsidy at all and still sells. I wonder if they pulled the subs to make it a 500/phone what would happen? Nokia and Mot both found out awhile ago that the US market is cost sensitive on the upfront end too late.

 

[moderated]

Does anyone really have a feel for who is pushing the factory unlock policy? Is it ATT or Apple pushing that? And what is the strategic motivation to change the policy now? I find the timing very interesting. It is almost like ATT doesn't want the Iphones anymore.

Not sure, but ATT's margins were up quite a bit due to less subsidized iphones this quarter.The game was different when Apple wasn't so huge, now the phone companies realize they are screwed with the current way they deal with subsidies.Eventually they will fight back and work for more favorable deals. When it happens who knows, but it will happen, just a matter of time.

This is absolutely the A#1 threat, but then you look at ipad which has no subsidy at all and still sells. I wonder if they pulled the subs to make it a 500/phone what would happen? Nokia and Mot both found out awhile ago that the US market is cost sensitive on the upfront end too late.

without subsidies i think the iphone would still be popular but they would have to cut their margins a bunch to compete or become a niche product targeted at a much smaller customer base. Right now people can get an iphone for the same as most other phones, if that wasn't the case it would get ugly.

 

[moderated]

As far as this quarter i think they will hit in the $10.80 - $11.60 range, but that won't be enough to spike the stock and it could sell off even more.

 

[Miscellaneous]

I will say this: it's been eye-opening the past few years to learn more about the market, and then learn either (a) how stupid or (b) how evil analysts are. Apple goes up 50%: "Apple going to $1000!" It seems like the only thing you need to do to be an analyst is watch for stocks that spike 20+% in a month, and then hype them as the next coming.

 

[Ned]

Does anyone really have a feel for who is pushing the factory unlock policy? Is it ATT or Apple pushing that? And what is the strategic motivation to change the policy now? I find the timing very interesting. It is almost like ATT doesn't want the Iphones anymore.

Not sure, but ATT's margins were up quite a bit due to less subsidized iphones this quarter.The game was different when Apple wasn't so huge, now the phone companies realize they are screwed with the current way they deal with subsidies.Eventually they will fight back and work for more favorable deals. When it happens who knows, but it will happen, just a matter of time.

This is absolutely the A#1 threat, but then you look at ipad which has no subsidy at all and still sells. I wonder if they pulled the subs to make it a 500/phone what would happen? Nokia and Mot both found out awhile ago that the US market is cost sensitive on the upfront end too late.

without subsidies i think the iphone would still be popular but they would have to cut their margins a bunch to compete or become a niche product targeted at a much smaller customer base. Right now people can get an iphone for the same as most other phones, if that wasn't the case it would get ugly.

As someone who loves the iphone, there's no way I'd pay $500 for it. I'd stick with my current iphone4 for a heck of a lot longer and probably would look at an Evo type device if they kept the $199 price tag.

 

[moderated]

I will say this: it's been eye-opening the past few years to learn more about the market, and then learn either (a) how stupid or (b) how evil analysts are. Apple goes up 50%: "Apple going to $1000!" It seems like the only thing you need to do to be an analyst is watch for stocks that spike 20+% in a month, and then hype them as the next coming.

Analysts goal isn't to be accurate, it's to serve an agenda.From October through this earnings season they lowered this quarters YOY estimates from a 10% gain to 0% to make it easy for companies to beat estimates, but even the average investor isn't falling for this BS anymore and the market is selling off.

 

[Miscellaneous]

I will say this: it's been eye-opening the past few years to learn more about the market, and then learn either (a) how stupid or (b) how evil analysts are. Apple goes up 50%: "Apple going to $1000!" It seems like the only thing you need to do to be an analyst is watch for stocks that spike 20+% in a month, and then hype them as the next coming.

Analysts goal isn't to be accurate, it's to serve an agenda.From October through this earnings season they lowered this quarters YOY estimates from a 10% gain to 0% to make it easy for companies to beat estimates, but even the average investor isn't falling for this BS anymore and the market is selling off.

I just can't believe that it's so obvious, and yet still so prevalent. Hopefully this will be one of the things killed by the information age.

 

[moderated]

:nervous:

Let's see under 11eps with cautious guidance apple.

 

[tommyGunZ]

:nervous:Let's see under 11eps with cautious guidance apple.

Street is 10.06. I think Apple beats the street, due to China and iPad3 sales.

 

[moderated]

:nervous:Let's see under 11eps with cautious guidance apple.

Street is 10.06. I think Apple beats the street, due to China and iPad3 sales.

The "professional" analysts are irrelevant when it comes to Apple. They low ball Apple estimates every quarter and everyone knows it. If they don't beat the street estimates by 15-20% the stock drops.Whisper numbers are 12ish a share.

 

[goonsquad]

Apple Reports Second Quarter Results

Record March Quarter Sales of iPhones, iPads and Macs

Net Profit Increases 94% Year-over-Year

Press Release: Apple – 9 minutes ago

CUPERTINO, Calif.--(BUSINESS WIRE)--

Apple® today announced financial results for its fiscal 2012 second quarter ended March 31, 2012. The Company posted quarterly revenue of $39.2 billion and quarterly net profit of $11.6 billion, or $12.30 per diluted share. These results compare to revenue of $24.7 billion and net profit of $6.0 billion, or $6.40 per diluted share, in the year-ago quarter. Gross margin was 47.4 percent compared to 41.4 percent in the year-ago quarter. International sales accounted for 64 percent of the quarter’s revenue.

The Company sold 35.1 million iPhones in the quarter, representing 88 percent unit growth over the year-ago quarter. Apple sold 11.8 million iPads during the quarter, a 151 percent unit increase over the year-ago quarter. The Company sold 4 million Macs during the quarter, a 7 percent unit increase over the year-ago quarter. Apple sold 7.7 million iPods, a 15 percent unit decline from the year-ago quarter.

“We’re thrilled with sales of over 35 million iPhones and almost 12 million iPads in the March quarter,” said Tim Cook, Apple’s CEO. “The new iPad is off to a great start, and across the year you’re going to see a lot more of the kind of innovation that only Apple can deliver.”

“Our record March quarter results drove $14 billion in cash flow from operations,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the third fiscal quarter, we expect revenue of about $34 billion and diluted earnings per share of about $8.68.”

Apple will provide live streaming of its Q2 2012 financial results conference call beginning at 2:00 p.m. PDT on April 24, 2012 at www.apple.com/quicktime/qtv/earningsq212. This webcast will also be available for replay for approximately two weeks thereafter.

 

[tommyGunZ]

BOOOOO-YAH!

 

[goonsquad]

As far as this quarter i think they will hit in the $10.80 - $11.60 range, but that won't be enough to spike the stock and it could sell off even more.

Pushing $600 after hours.

 

[siffoin]

Something seems off to me on first glance.

4th Qtr 2011 Verizon and ATT represented 33% of all Iphone sales. In their recent reports they had combined sales of just over 7m iphones. So in 3 months the US Iphone market has gone from 33% of sales to under 20%. That seems like a pretty big drop-off to me. Anyone know which companies worldwide pick up all that slack?

 

[Major]

As far as this quarter i think they will hit in the $10.80 - $11.60 range, but that won't be enough to spike the stock and it could sell off even more.

Pushing $600 after hours.

pwned

 

[One]

Whew..

Glad I held.

 

[Miscellaneous]

Don't bet against the trend. Wait for it to happen.

 

[tommyGunZ]

Something seems off to me on first glance.4th Qtr 2011 Verizon and ATT represented 33% of all Iphone sales. In their recent reports they had combined sales of just over 7m iphones. So in 3 months the US Iphone market has gone from 33% of sales to under 20%. That seems like a pretty big drop-off to me. Anyone know which companies worldwide pick up all that slack?

China - specifically China Telecom, which just began offering the iPhone in March. The big fish in the China mobile services pond is China Mobile, with 650M+ subscribers and rumors are that Apple and China Mobile are close to an agreement. 650M is a BIG number.

 

[tommyGunZ]

:nervous:Let's see under 11eps with cautious guidance apple.

see...wha had happened wuz

 

[Miscellaneous]

It got quiet in here...

Maybe NEXT quarter's the one where they miss estimates and it comes crashing down.

.

I'm not expecting to experience exponential growth into 2015, but this definitely still has room to run.

 

[moderated]

As far as this quarter i think they will hit in the $10.80 - $11.60 range, but that won't be enough to spike the stock and it could sell off even more.

Pushing $600 after hours.

pwned

Somehow they increased margins, bizarre. With the margins they had last quarter they would have reported 11.60ish.I was wrong on this quarter, but my long term outlook hasn't changed. I can't see those insane margins holding up long term.Enjoy the fruits of this quarter longs, I think apple is a great company, but with an unsustainable margin model looking forward.I'll be buying a nice industrial size bottle of bleach to guzzle. I've never risked so much with naked options and am completely flabbergasted at the margins they reported this quarter.

 

[Otis]

As far as this quarter i think they will hit in the $10.80 - $11.60 range, but that won't be enough to spike the stock and it could sell off even more.

Pushing $600 after hours.

pwned

Somehow they increased margins, bizarre. With the margins they had last quarter they would have reported 11.60ish.I was wrong on this quarter, but my long term outlook hasn't changed. I can't see those insane margins holding up long term.

Enjoy the fruits of this quarter longs, I think apple is a great company, but with an unsustainable margin model looking forward.

I'll be buying a nice industrial size bottle of bleach to guzzle. I've never risked so much with naked options and am completely flabbergasted at the margins they reported this quarter.

lolYeah eventually they won't totally obliterate expectations every single quarter. You're not winning any massive bets with this one, nostradamus.

 

[moderated]

"margin was 47.4 percent compared to 41.4 percent in the year-ago quarter"

You've got to be kidding me.

 

[moderated]

As far as this quarter i think they will hit in the $10.80 - $11.60 range, but that won't be enough to spike the stock and it could sell off even more.

Pushing $600 after hours.

pwned

Somehow they increased margins, bizarre. With the margins they had last quarter they would have reported 11.60ish.I was wrong on this quarter, but my long term outlook hasn't changed. I can't see those insane margins holding up long term.

Enjoy the fruits of this quarter longs, I think apple is a great company, but with an unsustainable margin model looking forward.

I'll be buying a nice industrial size bottle of bleach to guzzle. I've never risked so much with naked options and am completely flabbergasted at the margins they reported this quarter.

lolYeah eventually they won't totally obliterate expectations every single quarter. You're not winning any massive bets with this one, nostradamus.

You don't say.

 

[moderated]

I'll give Tim Cook credit, the guy is an operations genius, possibly the best in the world. His ability to manage the supply chain and inventory is almost godly considering apples size.

Steve jobs quote.

"I have my own theory about why decline happens at companies like IBM or Microsoft. The company does a great job, innovates and becomes a monopoly or close to it in some field, and then the quality of the product becomes less important. The company starts valuing the great salesmen, because they’re the ones who can move the needle on revenues, not the product engineers and designers. So the salespeople end up running the company. John Akers at IBM was a smart, eloquent, fantastic salesperson, but he didn’t know anything about product. The same thing happened at Xerox. When the sales guys run the company, the product guys don’t matter so much, and a lot of them just turn off. It happened at Apple when Sculley came in, which was my fault, and it happened when Ballmer took over at Microsoft. Apple was lucky and it rebounded, but I don’t think anything will change at Microsoft as long as Ballmer is running it"

The thing that scares me most about apple going forward was reading the Jobs bio and realizing what an incredible genius he was. He was the Leonardo de Vinci of our generation and while we may not notice it for a few years in the end his absence will have an effect on apple, that is a 100% guarantee.

Once in a generation visionaries don't grow on trees. Cook will maximize the Jobs visions, but what happens when the well runs dry?

The market isn't forward looking no matter what people say, so it might be a couple years before its reflected in the market, but I'm 100% sure apple without Jobs isn't the same. Talk to me in 2014 after his pipeline has ran out.

 

[tommyGunZ]

The market isn't forward looking no matter what people say, so it might be a couple years before its reflected in the market, but I'm 100% sure apple without Jobs isn't the same. Talk to me in 2014 after his pipeline has ran out.

What does this have to do with holding the stock in April 2012?