Apple CEO Tim Cook has joined the Fruit of the Loom board. Reports say that he will be in charge of sniffing the croch areas of the underwear while holding a red apple in his mouth.
Very good points. I too feel the same and i am holding on a bit longer because i just have to believe that there is still more left in the tank. It would just be a nightmare to imagine that Apple ends here.
Let's see people... For those of you who are Apple bears and have no reason to like this stock... What would have to happen for you all to turn bullish on Apple? Be serious, no jokes....
Like as if Apple would unveil any new products at this conference. Come on now !!! We all know that Apple does the New Product Announcements at their usual place... People are so silly in believing that Apple has nothing in the pipeline. Really ? You think those dumb Koreans at Samsung are the only ones innovating? Seriously? I can't wait until every doubter turns into a cheerleader pretty soon here. Because it is coming. Apple will come through like a champ.
Apple has been destroyed by the BigBoys. Not by Cook. Cook could invent a talking pink bunny and a time machine that could teleport you anywhere across the world and Apple would still perform this way. They have issued the huge buyback. increased the dividend. doing all the right things to keep the Apple Brand being the best brand in the world. The hedge funds are destined to keep this stock down for aslong as they can. Only when they quit this manipulation, will Apple once again rise. So Tim Cook is doing just fine.
Based on that Apple appears like it has bottomed and formed a good base, more buyers have been coming in and shorts are covering quickly. The short float dropped from over 40 million shares just last week to now a small 20 million. Even though some feel that 20 million shares in nothing compared to the almost 1 billion shares outstanding, it still makes a big difference. With the worse already behind us, new products in the works, the buybacks, the dividend hike and the reversal trend we've been seeing here, all signs call for a big upside to atleast $500 very soon. This is my opinion and it really doesn't matter what anyone thinks of it... Just mark this post and you will see that 30 days from now, Apple will be at or above $500.
Nice story that AH traders are taking advantage of to bring the stock down for tomorrow... But come Thursday and Friday, we move higher.. Alot higher... Apple is in uptrend mode. Bottom was in last week. Still some manipulation occurring but starting to dry out. Definitely, going higher in the month of June.
I don't get it... I try to understand and I am very open minded in trying out the newest Android/Windows tablets from Samsung, Asus, Acer, HP, MSFT and others. I don't know if it's just me but every time I pick one up and begin to use it, the apps either freeze, have to click on them more than once for them to open and the page slide feature is slow. The tablets feel plastic, the operating system is a mess. Several steps to clear history, cache or memory used. The memory drains quickly and constantly have to delete or clear background running applications. They seem like toys. So I really dont see how anyone can say that the Android Tablets or even phones are better. Yes, I do agree that most of them are lower priced than Apple but definitely not better. As far as I am concerned, I prefer to pay more for better and not pay less for inferior.
First of all... If Apple was cooking the books, it all began under the helm of Steve Jobs, who ran the company for the last 20 plus years... Almost 90% of the cash overseas was built up on Jobs' running the company. Cook is actually spending the money... So I don't get your point. Apple pays more taxes than any company in the entire world. And by the way, tons of companies do the same thing and keep cash abroad because of the US Taxes being way to high. Everyone does it, IBM, INTL, CSCO, MSFT, GOOG, and on and on and on.... But funny that I don't see those CEO's up there getting drilled as Tim Cook is... Hmmmm...
What is the problem today? All i ask is for Apple to trade at a multiplier equal to it's peers. That's all.... I am not asking this to trade at 1000 bucks, just trade at the same multiples that MSFT and GOOG trade at. Apple certainly desrves that.
I have a buddy who works for one of the big three... He says that the store sells twice as many iPhones than Galaxys. And he sees loyal Apple customers returning and upgrading to the newer devices all the time. He says that the people buying the Galaxys are mostly african americans and asian customers aswell as people looking to save a buck on the phones and are willing to pay less money for inferior products.
I think you meant to say that Samsung will give away 10 million s4 and give their tablet at 1/2 off. Because thats what they are doing. Ofcourse people will buy the stinking plastic piece of garbage whenthey are getting it for next to nothing.