What don't you understand. china mobile is larger than verizon and att put together in terms of subscribers. the chineese love apple. enjoy your investment. smart to increase your position.
Sentiment: Strong Buy
That's my guess too. Lots of people posting nasty things about Cook, but I have to believe he'll announce special pricing for the 5c in China, and tonight (US time) is when he'll do it, via the China media event. Not worth the criticism to wait until later this year or next. JMHO. GL all longs!
Sentiment: Strong Buy
What you dont understand about any of the Chinese telecoms is that China is only going to allow a small percentage of any non-China phone manufacturer to be sold and used on the Chinese telecom networks. Chinese love cheap cheap prices for phones that work, they could care less who makes them, except for US companies that allow the Chinese workers to get mistreated and work in factories that have to have suicide nets built, then China says, anybody except those that make phones at Foxconn. So out of hundreds of millions of customers, count youselfe lucky if you get 20M to maybe 30M if that,
Today's reaction shows that there are still too many Apple bears. Fine by me. Looks like there will be another good buying opportunity in the near future. I sold 500 calls so I'm still ahead. I might add if it drops lower. I didn't think there would be a huge pop. The calls premium is keeping me in the game. Why sell when they will have to buy it back at higher prices in the future???
My name is Babuchka 98, and I'm one of the best traders in the world!
If you could confirm that you 'sold 500(five hundred) Calls' for AAPL at any price-I will pay you $25,000,-if you cannot to confirm it-you have to kiss a back of my dog.
Deal or not deal?
For SELLING 500 Calls for AAPL even at the price of $1 you have to have $2,500,000 into your f...king account!
Follow me, and you will be RICH!!!!!!!!
Sentiment: Strong Sell
It is a hyped-up non-event. AAPL stock has been climbing since 400. This news is already baked in the cake. Now all the sellers are stepping in to take their profits before stock goes back down to the low 400's.
I agree that I think the news is baked in. But the potential sales haven't been. Making the phones available WORLDWIDE on the same day will be giving AAPL more time for global sales. Let's face it, the U.S. isn't the primary target for AAPL, the world is. I'd put money on it that Chinese people will be lined up on the 20th.
Theres an offical press conference IN CHINA on the 11th. My guess is the CHL deal is going to be done. It would seem thats the only reason why AAPL would go through the trouble of holding a press conference when they haven't previously. Also, recall from today's presentation, the new phones are launching in China on the same day as most of the world, Sept. 20.