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Apple Stock May Fall Another 20%
- Thread starter HardOCP News
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D
Deleted member 134608
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Was bound to start eventually. The shine is wearing off for Apple. They pissed off of lot of people with their lawsuits and over the last year I've noticed a lot of first time desktop/laptop Apple buyers switch back to PCs.
Buying a $2500 machine once is tough for people and when those machines die/get dropped/damaged /get old only the fairly well and loyalists off can justify the money to do it again.
iTunes has got some real competition now in the form of affordable streaming services and theres a ton of good phones to choose from now.
They've got some tough times ahead.
Buying a $2500 machine once is tough for people and when those machines die/get dropped/damaged /get old only the fairly well and loyalists off can justify the money to do it again.
iTunes has got some real competition now in the form of affordable streaming services and theres a ton of good phones to choose from now.
They've got some tough times ahead.
Not to mention, alot of folks that can afford to do so or are smart, are getting some work done on their portfolios before the government decides to up the taxes on gains and dividends.
I suspect alot of folks are going to be moving large dollars out of various funds before dividends end up as normal income and the capital gains get jacked up 5-10%.
Barack needs to buy more Obama phones.
I suspect alot of folks are going to be moving large dollars out of various funds before dividends end up as normal income and the capital gains get jacked up 5-10%.
Barack needs to buy more Obama phones.
heatlesssun
Extremely [H]
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Far too much attention gets put into stock prices which is why they tend to be so erratic. The bottom line is that Apple, no company, can continue their kind of growth indefinitely which is what has driven the stock price for so many years. It's not like this hasn't happened to Microsoft, Intel and Cisco.
Apple with be fine, they have good products with loyal customers and admirers and they should have a TV coming out next year though I don't know it that's going to be quite the same hit as their mobile products. But they also have more competition, Android is really picking up steam in the tablet space and even the much aligned Windows 8 looks to much more liked on touch and tablet hardware.
I'm sure Apple will continue to post record profits and have a steady stream of updates, the stock price is just going to align more reality, nothing new or catastrophic.
Apple with be fine, they have good products with loyal customers and admirers and they should have a TV coming out next year though I don't know it that's going to be quite the same hit as their mobile products. But they also have more competition, Android is really picking up steam in the tablet space and even the much aligned Windows 8 looks to much more liked on touch and tablet hardware.
I'm sure Apple will continue to post record profits and have a steady stream of updates, the stock price is just going to align more reality, nothing new or catastrophic.
!@#$%^&*()
Limp Gawd
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Tim Cook announces Apple is going to move production of one of their Mac lines to the US today and we have a thread about some analyst talking out of his ass?
Just to let you know, the computer segment is only 15% of Apple's revenue breakdown.; consumers can stop buying Macbooks altogether and Apple will just shrug it off while banking off the iOS cash cow.
westrock2000
[H]F Junkie
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Apple products excell at sing in an ecosystem. Individually they are not that great. But when get several of them on a network together they do great stuff. iTunes on a <PC>, several iPods, iPhones, a iPad, and an Apple TV and you got all kinds of cool crossover abilities.
Makes me shudder just thinking about it.
iTunes is worse than some malware....
I'll stick to my Media center PC, that lets me stream video/pictures/etc to my android phone and tablet.
best video ever
Everybody likes to beat up on Apple. However if you compare valuations for Apple vs other stocks that peaked over 500 billion in value, you will see they never had anywhere near the P/E ratio that Apple has.
The simple fact is Apple stock is not over priced. It however has gone up substantially in the last few years and people want to scream the sky is falling now that it's rocket trajectory has stopped. The same thing happened in 2008. Apple went from almost $200 to about $80.
So who knows if it will drop 50%+ of it's value again or this is just a blip and they continue their run up. The funny thing about the stock market nowadays is it's not about fundamentals anymore it's a popularity contest w/o any real foundation behind it. One day you are the cool kid that everybody wants, next day you are shit....
The simple fact is Apple stock is not over priced. It however has gone up substantially in the last few years and people want to scream the sky is falling now that it's rocket trajectory has stopped. The same thing happened in 2008. Apple went from almost $200 to about $80.
So who knows if it will drop 50%+ of it's value again or this is just a blip and they continue their run up. The funny thing about the stock market nowadays is it's not about fundamentals anymore it's a popularity contest w/o any real foundation behind it. One day you are the cool kid that everybody wants, next day you are shit....
Ocean
Supreme [H]ardness
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apple decided to manufacture some devices in america.
apple stock undergoes devaluation.
proof that the top 1% hate american jobs and only want more money for themselves?
apple stock undergoes devaluation.
proof that the top 1% hate american jobs and only want more money for themselves?
Sixthsense
I Suck Fat Ones
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I just caught this on the news as well.
That, and the fact that Steve Jobs is no more.
OMG that word has now lost all meaning to me!
rudy
[H]F Junkie
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Tim Cook announces Apple is going to move production of one of their Mac lines to the US today and we have a thread about some analyst talking out of his ass?
This is why the price dropped duh.
I was watching whatever the cnbc show is and they said cook, raised apple store wages, moved talked about bringing production back to the USA, all this sounds like junk no one on wall street wants to hear lol.
Apple stock drops.
Apple puts out mediocre iPhone 5, iPad 4, and iPad Mini.
Apple stock drops
Apple says they will bring over a Mac line for production
Apple stock drops
Apple stock has been dropping the whole time, it just wasn't massive drops.
Apple puts out mediocre iPhone 5, iPad 4, and iPad Mini.
Apple stock drops
Apple says they will bring over a Mac line for production
Apple stock drops
Apple stock has been dropping the whole time, it just wasn't massive drops.
Tweak42
Gawd
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No big deal for Apple. Stock was way overpriced already thanks to all the Wall Street speculators.
infojunkie
Limp Gawd
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stock is dropping because ppl found out that it's not gonna reach it's $1000 mark, but it was already overpriced.
Not surprising. Stocks are always volatile since many investors are, well, stupid to put it mildly. However Apple is a particularly precarious company because so much of their market is fashion. It is cool to own new Apple products and to be seen with them. So they launch a new device, people rush out and buy it in droves, even when they already own the previous device. It also means that the normal price sensitivity of consumer electronics doesn't apply, people will pay more to be fashionable.
That's wonderful for profitability and indeed Apple's profits are amazing not only in total amount, but in percentage terms. However it is precarious because fashion is fickle. If people suddenly decide Apple isn't fashionable anymore, their sales can tank even though they haven't changed anything or screwed up or anything like that.
Hence investors may be even more jittery than normal.
That's wonderful for profitability and indeed Apple's profits are amazing not only in total amount, but in percentage terms. However it is precarious because fashion is fickle. If people suddenly decide Apple isn't fashionable anymore, their sales can tank even though they haven't changed anything or screwed up or anything like that.
Hence investors may be even more jittery than normal.
D
Deleted member 109755
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Worst, not worse
This. If a split is announced, people will rush to buy stocks, so they can increase their gains after the split.
Monkey God
Mangina Full of Sand
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Is anyone surprised by this? With Jobs gone and Apple having picked all the low hanging fruit, what else is there for them? They need another big win on a new product, and they have nothing on deck that anyone knows of.
The "fashion" argument has merit in the "value" prospect of a company. Apple is heavily skewed towards its revenue when it comes to its "value" as a company. Bigger operations like Intel and the automakers have their value heavily skewed towards the assets they own. Apple keeps its physical assets very low because it outsources pretty much everything except the engineering. That means if the shit really did ever hit the fan they have nothing really to sell off to keep the balance sheets looking good. Production companies can, during hard times, sell off factories or side businesses to lean up the company.
Granted, Apple has tons of money and isn't going to have hard times in the short term so isn't at risk right now. But, as the value of their stock crept ever higher, those concerns begin to enter into the equation. If the fashion trend ends then the rug is pulled from under their feet and the loss for investors is massive. Production companies can offset poor sales with selling off assets to keep stock prices more stable. Engineering companies like Apple don't really have that same capability. Microsoft, a similar company in terms of engineering vs production, has positioned itself more strongly in the business market so fashion doesn't dictate its revenue as much as it does Apple.
Having fashionable products is a fantastic thing ... until the trend changes. Then you're fucked.
Granted, Apple has tons of money and isn't going to have hard times in the short term so isn't at risk right now. But, as the value of their stock crept ever higher, those concerns begin to enter into the equation. If the fashion trend ends then the rug is pulled from under their feet and the loss for investors is massive. Production companies can offset poor sales with selling off assets to keep stock prices more stable. Engineering companies like Apple don't really have that same capability. Microsoft, a similar company in terms of engineering vs production, has positioned itself more strongly in the business market so fashion doesn't dictate its revenue as much as it does Apple.
Having fashionable products is a fantastic thing ... until the trend changes. Then you're fucked.
Yeah we know... But Apple is getting outsold in the smartphone market. And the same is likely to happen in the Tablet market. So the bottom line is that Apple is making bank atm because their prices are so much higher not because they are outselling their competition. Plus the other factor to consider is that they aren't really continuing to "innovate". Instead they are trying to litigate their way to market dominance.
Personally I'm more than willing to allow you to buy whatever you want. I however will continue to buy Android based products. And I've been quite happy with their function and performance thus far. So I wouldn't care if Apple completely folded and faded into memory.
westrock2000
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Everyone says that, but then they never follow up WHY is so bad. Worse than malware, wtf dude?
D
Deleted member 134608
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Hence the rest of my post. TL;DR ?
D
Deleted member 134608
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Don't care, they are expensive. You ever work retail? I have for a decade. Many people can't afford to continuously replace expensive stuff so they just end up with a lot of one time buyers. They will only keep loyalists in a poor economy or get forced into the price game.
This is an avalanche of automated trading by institutional investors. Someone sold a hella-large block of APPL, which brought the price down, which triggered other software to dump large blocks, which in turn got the price down even more, which triggered more automatic sell-points on even more mutual and hedge and pension fund computers, which are set at hair-trigger due to AMD.
Holy cow! It's funny how having the worse one-day loss in four years can trigger a panic like this.
Well, that's because the stock market is an emotional creature. It rises and falls on the whims and desires of an aggregate of other emotional factors. That is how the market is and a lot of people fail to realize that aspect of it. In effect, every stock is a commodity and those commodities are all subject to the emotional fluctuations and dynamics of that given moment.
!@#$%^&*()
Limp Gawd
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Pretty much. I even PM'd Steve the story of one of the Mac lines having its production relocated to the US. I assume he just ignored it.
[H] is always been a pick and choose kind of place.
in general all apple news seems to be anti apple news to apple folks...
!@#$%^&*()
Limp Gawd
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That's a story about people finding 'assembled in the USA' on the back of some macs
Tim Cook did an interview were he made it official they were moving production to the US for one of their mac lines in 2013
Check the apple forum
True... well that clearly means that Steve hates Apple!
Its probably because Jobs tried to patent his first name.