I love watching some of youworms squirm as the stock price keeps falling falling falling. I predict early retirement for Jobs real soon, by MWSF 2010 at the latest.
Slow and steady wins the race.
Lovely.
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Let me be the first to say that it's time
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Lovely.
For the past several days almost all major stocks have been bearish. AAPL is not alone in taking a hit.
Perhaps we should see where the stock is 2 years from now and see Jobs and Apple's performance over those 2 years before we automatically assume that the stock has "tanked" for good.
Without the "next big thing", I predict the stock will stagnate. It is clear the market is saturated with iPods, and that the iPhone will either continue to be a niche product, or else will just blend into the sea of me-too touch phones (same as happened with the first color TV set). I wish I knew what the "next big thing" for Apple should be. If I did, Steve would have probably hired me by now and I'd be rolling in stock options
Without the "next big thing", I predict the stock will stagnate. It is clear the market is saturated with iPods, and that the iPhone will either continue to be a niche product, or else will just blend into the sea of me-too touch phones (same as happened with the first color TV set). I wish I knew what the "next big thing" for Apple should be. If I did, Steve would have probably hired me by now and I'd be rolling in stock options
Did you notice the part of the financial report where iPod sales grew 5% last quarter (to 22 million total)? I think there are plenty of replacement iPods that will be sold as people replace their older, non-video able iPods with new models. That alone will help things more along.
While the ipod sales only grew an extra 5%, notice how much profit they made, Gruber explains better at daringfireball.net but people are buying the higher end ipods, yes they sold less in volume but made more money with people buying the most expensive ones.
Right. The obsession with the number of units is a bit bizarre. Also, Mac sales are still more profitable and Mac sales are blazing, a fact the markets seem to overlook. The iPhone is also taking off more quickly than the iPod did this close to introduction, by far. I find it odd that so many people, even people who hang around here and should know better, don't seem to get what is going on at Apple, and seem to think that the company has to release a brand new blockbuster product every six months or they're down for the count. I haven't heard that kind of talk since the "beleaguered" days.
OK, let me point out that the year-to-year growth (units sold) was 50% last year and around 200% the year before. Can't you see a trend there? I do. It tells me that the music player market has just about reached a saturation point as far as Apple is concerned. Apple is THE Big Fish in the music/media player market, unlike the computer market where it is still a minnow. So while the overall PC market is growing at a very slow pace, Apple has still lots of room to grow within it. That's why I think switching focus away from computers will hurt Apple, at least in the mid term (next 5 years). Yes, Apple has made impressive strides in terms of gaining market share over the past couple of years. Nevertheless, I contend that they could have done better still.
EDIT:
I think I understand why the Apple stock has been hit so hard this week. People (by "people" I mean the analysts, those whose opinions drive the market) have been conditioned to see Apple as a "multimedia/communication device" (iPod/iPhone) company first and foremost. They have completely lost sight of the tremendous growth Apple has seen in the computer market. Surely someone bears the blame for this.
What and have Apple return to the company it was in 1985 when some other idiot got rid of the heart and soul of Apple.
I can accept that maybe you don't exactly like Apple but record numbers do - Steve jobs has brought Apple back from the brink of oblivion and the best is yet to come.
The real problem for Apple now is that they are beginning for the first time in 20 years to genuinely threaten Microsoft global domination and for that reason I'm incredibly suspicious when folks turn up and make passive agressive attempts to ruin Apple by spreading silly ideas.
fact is Apple have never been bigger and never been better - I for one applaud Steve jobs as a rare , if uncompromising, visionary. Without him Apple is just another tech co
pant lost in the wilderness and without much of a chance in micros&ct world.
I can accept that maybe you don't exactly like Apple but record numbers do - Steve jobs has brought Apple back from the brink of oblivion and the best is yet to come.
The real problem for Apple now is that they are beginning for the first time in 20 years to genuinely threaten Microsoft global domination and for that reason I'm incredibly suspicious when folks turn up and make passive agressive attempts to ruin Apple by spreading silly ideas.
fact is Apple have never been bigger and never been better - I for one applaud Steve jobs as a rare , if uncompromising, visionary. Without him Apple is just another tech co
pant lost in the wilderness and without much of a chance in micros&ct world.
No, no. You're the biggest fool out there. What you are doing - starting this thread and all - it's envy. You say you love seeing AAPL shareholders squirm as the stock falls yet you don't own any. You have no financial interests in the company; you want to rip on the smart people who invested in it because you missed out. I bought my first condo in downtown Chicago this year, I paid 100% for it with the money I made in AAPL stock. I'm 30 and I have no mortgage and a kick ass loft because I was smart, as were others, investing in this stock. You weren't, and thats what burns you up. I even bought more stock last week at $175. Today it's $130. Am I worried? Not in the least? Am I squirming? No way.
I feel sorry for you so I'll even give you a tip: This is what is called a BUYING OPPORTUNITY. Buy AAPL now. It might still go down to $120, but buy it anyway, because the stock will be back at $200 by fall and $300 by end of 2009.
No need to feel sorry for me, my friend. You don't know the first thing about me. For all I know, you could be living in your mom's basement somewhere on the south side of Morton Grove. Frankly, I don't give a damn.
And right on track, too.
Industry analysts have been writing for years now about how the MP3-player market would peak (and then shrink) as consumers turned towards converged phone+music players.
We've seen Apple's answer to this expected market shift -- the iPhone. Wonder what Creative and SanDisk's plans are?
**Retracted due to not sleeping for 37hrs and what i said was harsh. So apologies.**
First off, your statement above is incorrect. As is your knowledge of economic markets, stocks etc. As for your understanding of Apple as a company, its history and Steve Jobs performance well thats in a whole other league above incorrect.
How about constructive threads instead of trying to goad a community you know is going to disagree with you?
EDIT: Nice, you post goading people but when someone stands up to you - you report them! If you make posts like you did on a community such as this expect people to not take kindly to it, especially when your reasoning is completely none existant!?
Frankly, I'm not too excited about the iPhone. My lowly Razr serves me just fine. I'm more excited about the iTouch, but I'm not getting one until is goes at least 32GB and gets some PDA-like functionality, including ability to read ebooks. Yeah, I'm one of those weirdos who think ebooks are cool.
I'm more excited about the iTouch, but I'm not getting one until is goes at least 32GB and gets some PDA-like functionality, including ability to read ebooks. Yeah, I'm one of those weirdos who think ebooks are cool.
I presume you mean the Apple 'Touch'? 32GB fair enough, PDA functionality it has and as for the ebooks, given job's interview statement the other day you will be disappointed there
We're both wrong -- it's called the iPod Touch
Yeah, I've heard about what Jobs said. I don't think this applies to my wish. Seems to me he was referring to a dedicated ebook reader, like the Amazon thingee.
We're both wrong -- it's called the iPod Touch
Yeah, I've heard about what Jobs said. I don't think this applies to my wish. Seems to me he was referring to a dedicated ebook reader, like the Amazon thingee.
Yeah just looked at what i wrote and thought it should be iPod Touch. As for the reader i am also someone that thinks ebooks are kool!
So despite our differences we have something in common. I like the idea of having everything on a server and i can just load up whatever book, music or movie i want
Yeah just looked at what i wrote and thought it should be iPod Touch. As for the reader i am also someone that thinks ebooks are kool!
Next you're gonna tell me you love reading Maxim Gorky. I love reading Maxim Gorky ebooks! The way he just drops the story in mid run, as though expecting you to write the rest yourself. Wonderful!