The float has remained at a stand still of 5.8 Billion shares. Why is Apple not buying back shares as they have stated they were going to do? Where is all of those billions of dollars going to? The last time they bought back shares was just after the split occurred. In the meantime, Apple stock is going nowhere. On upgrades it goes down, on downgrades it goes down, on huge market up days it goes down, on huge down days it goes down. Apple should be looking at these pullbacks and buying back. They cant always assume that they want to buy lower. That's really a dumb way to look at it. If they want the stock price to go up and go up alot, then they need to buy on pullbacks and on rallies as well. This seems to me that Cook and Company want the stock to stay right where it is until they feel like moving it up. In the meantime the shareholders have to wait while every other stock hits all time highs.
And please don't bash me now and start talking like you know it all.... I don't care to listen to your mentoring. I have many years of experience trading the market. More than 17 years doing it and have done very well doing it. The truth is that Apple right now is acting like a stock that is being controlled, manipulated and held back. Hedge Funds, Money makers, Option Traders, Short Sellers and maybe even Cook himself are the reason why this stock is doing nothing. !!!!!
$129 and I will never touch this stock again. Apple the Company is amazing.... But Apple the Stock is horrible. Unless you have managed to guess the range exactly to the penny, this has been a stock going nowhere. I have owned this stock 3 times in the past 2 years and every time I get in, I end up holding for months and months. Never fails.
What would the watch numbers have to do with quiet period. He is not giving guidance, nor giving info on buyback or dividend, just giving the numbers of watches sold... That's not a cause a fraud investigation
And what about apple PAY? Boy who would want to just swipe your watch or phone across a secured interface at the register when we could just carry a wallet full of credit cards, bank cards and cash so that way we hand our cards to clerks and they can clone our cards and end up losing our money. Makes no sense that apple PAY
Yeah and man that iphone 6 and 6 plus with the bending problem, and not waterproof, and delays will really be a flop.....
Bloomberg reporting that there are no lines at the Apple stores with only 9 people in the Japan store. Did that Bloomberg reporter not get the memo? Was he sleeping all week and not hear or read that Apple will only be taking online pre orders and not instore orders today? What a sad reporter and Bloomberg should be ashamed of itself for putting this out.
Markets are about to make new all time highs and Apple as always lagging. Can someone remind Cook that there is a huge share buyback program in place and now is the time to deploy hard. Especially before the earnings announcement.
Apple takes it all away and then some tomorrow. Just no interest since after the Watch announcement. And if the market is down big tomorrow which I too believe will be, then Apple tanks to 121.50
Really people? It's a watch. It's supposed to have a small screen. This is not intended to be a wrist iPhone or wrist iPad. That is why we have a phone and tablet already. This is exactly what it is supposed to be... A darn Watch. Geeze all mighty, I am sick and tired of people making negative comments about everything Apple creates. And when they don't create then they get the not innovative sarcasm. I just dont get it.... What do they expect from Apple. This watch will be a device that will be stylish, will make a design statement, will make it easier for us to conduct our business, social affairs and day by day activities that we already do on our other devices such as the iPhone. I personally take my phone out of my pocket atleast 100-150 times a day to do simple things such as texting, checking my stock quotes, checking email, news headlines, facebook notifications, and on and on and on... I would love to just glance over at my new Apple Watch and do all of those things without having to reach for my phone 100-150 times a day. Whoever thinks the watch will be a flop, well then dont buy it. Simple as that. Wait 12 months and lets see how many watches Apple manages to sell.
What caused it you ask? I'll answer.... Stock market dropping 300 points and Cook not deploying the share buyback. What a perfect time to buy 10-15 million shares today. Stock would have stabilized and probably been back up at $128
No it doesnt actually. If you havent checked lately, the stock market has rocketed up and basically every stock in the index has just about doubled including the dead dog Cisco. So, Apple is up not because of Cook, its up because everything is up.
This price action in Apple Stock is simply unacceptable. When this stock drops more than 5 points, Tim Cook should come in and buy back shares. This is why he implemented this massive buyback last year and has increased it twice. Why do this and then not use it? Explain. This is what you do to stabilize a stock when it free falls. I hope this is not a repeat of 2013 when Apple fell almost 50% after Wallstreet bullied it and Cook did absolutely nothing. Common Cook, the cash is there... Use it now !!!!!!
Whenever an event is coming up or a new device is coming out, Wallstreet Analysts come out to give their genius opinion of it. Ofcourse, 9 out of 10 always call it a losing bet. Things never change. Then Apple brings out the product and blows it out of the park. Apple honestly could care less about the Watch sales because it will just simply be a hobby for now. Just as iTunes was when it first was developed, and look at it now.