Carl is TOO PASSIVE!
Nope. They have over $200 Billion cash.
The company performs well. The stock is a turd now due to smug CEO.
We need a good activist to release value.
Sitting on $205 Billion in cash is just plain stupid!
Not releasing watch sales numbers is just plain stupid.
Been saying this for weeks. Cook has been so smug and doesn't get it.
It started 3 months ago on the conference call. If you recall, when Gene asked if you could change anything about the way you rolled out the watch, what would you change? Tim replied it was fantastic, exceeded expectations, smugly and artificially. Wall Street didn't like the answer. Now, not reporting watch sales and even after analysts back in using the "other" category sales, Maestri says sales are much better than expected......
BS doesn't sit well with wall street.
comes in and forces management to achieve shareholder value, we spirAL DOWNWARD
is doing us a disservice.
Did Jobs hide the IPad sales numbers?
Did Jobs hide the IPHone sales numbers?
Wall Street is punishing us for his smug attitude.
Release the watch numbers !!
1-Assume the tax would be 15%, why shouldn't the company buy back massive amounts of stock?Wouldn't we all gain much more than 15%? OF course we would.
2-Purchase a supply line chip maker. Control your destiny.
3-Purchase Radio City Music Hall. One of the most Iconic music venues. Add Apple events.
increase the dividend and buy back---significantly.
Demand the sales of the watch be publicized.
Re-patriate the overseas cash to be returned to shareholders OR
force an even larger buyback over 12 months with that cash.
Carl should increase his position along with a new partner.
I own stock in the company and I have a right to know.
More than that, it was a smug way to handle it and he's hiding something.
How can a CEO not release numbers, not say what his expectations were, but still, to your face, expect you to believe he did not want to release numbers due to competitors finding out ?
How smug can he get? Well, if activist shareholders let him get away with that, what's next?
Despite his smug audacity, we are holding up well.
And despite how some say "the watch is not important" it remains in the headlines EVERY HOUR!
I agree with most of what you wrote. But there is definitely a relationship between alternative energy providers and the price of or direction of the price of oil.
In that regard, I haven't read much that speaks of the potential for the US to become the supplier of choice for Cuba. I think that news could help stabilize the price of oil. Also, I believe Cuba will become a cutting edge frontier for solar energy. Not huge but newsworthy.
This PPS dip is also reflecting a growing concern this quarter will once again dissaapoint on the earnings. But, one day soon, that will all change.