Apple, Inc iPhone takes 80 percent of China's booming premium phone market
By Daniel Eran Dilger
Countering the idea that China's smartphone market is only interested in cheap phones, Umeng, the nation's largest analytics firm, has issued a report for 2013 outlining that 27 percent of China's smartphones cost over $500, and that 80 percent of those are iPhones
Sentiment: Strong Buy
I forgot to mention in my last reply. To hang on only because you have no other place to put your money has to be the lamest if not dumbest excuse to be in a stock that I have ever heard. Most mutual funds are up over 20% per annum while you sit here and cry over your losses and claim no place else to go. Get real.
The earnings report and reaction to is going to be key. This thing has wondered above the 50 slowing following it from the upper side down. If it wasn't for the market I would be buying here and may should. The market has a long way down to go I think. At some point, this stock I still think hits 18-, but something is going on. It has legs. Who is buying? And why? What devices is that new chip now volume shipping in? Is it HTC, or SAM, LG or who?
You have an opinion but don't confuse yours with others. Grade has said in last couple of posts that the stock has legs. That in most corners of the world is a positive expression.
Al, why are you commenting on the day to day tick of he stock? It's not going to do anything for quite a long time....probably longer than a year. Even Grade says this. Even the super-Bull MK gave up and sold the stock. I'm hanging on because I have no other option to invest the money in. But to think Cirrus is going anywhere anytime soon is foolish. It's just going to wander up and down for quite a long time.
Norm, rick is correct. it is showing that number at around 6pm or so. by the time a/h close it will probably go back to the closing price. it is the usual blip up a/h. lets face it, it doesn't mean a thing.
really you never have anything to say unless it's about molding and "poop". Go find a life
It always outperforms the markets -- to the down side! You have to laugh even if your current Crus holding is in the red like mine. I made decent profits on previous Crus holdings before, but not right now. Don't need that money so I can wait but this stock is a laugher.