Apple in the past 3 years has built a monstrous platform of the most coveted subscribers in the history of mankind and that's not hyperbole. I am talking a billion credit cards on file willing and able to adopt any Apple initiative that carries the Apple name and all the cache that comes with that.
The greatest part is Apple has the greatest respect for their subs privacy and demand for excellent offerings along with the support only Apple can provide.
The market does not understand how Apple deliberates and strives to perfect anything they decide is ripe for sale or any service that is part of the ecosystem. I will not go into all the products I see on the horizon except to say that Apple Pay is a perfect example and the must have service that will make the Watch indispensable. It's the perfect easy to use super convenient user experience that once Apple Pay becomes ubiquitous the watch will proliferate in numbers breaking all product records.
Ok I will name the other offerings that a year from now will prove what Eddie Cue said was correct that Apple had the best products in the pipeline in history. It will be Apple on TV and it will be a gigantic new platform that integrates the entire Apple ecosystem from Apps, Music, the home, fitness, entertainment and all with a remote so simple that we will finally see what Jobs meant when he said "I cracked the code". The biggest hint is the rave reviews SIRI is getting for understanding voice rec on the watch. This is not your iPhone;'s SIRI.
"In the short term the market is a voting machine but in the long term it weighs". In the coming weeks and months the market will put Apple on the scale and it will tilt up. It's very simple yet very profound to watch, no pun intended.
You lack the understanding of market cap that is a key ingredient in how Apple goes up. When it split 7 for 1 I thought a great day would be $1 up so being up $4 in one day is amazing.
The others have no choice but to join Apple Pay leaving Wal Mart as the last man standing. Ubiquity for Apple Pay all thru 2015 will be one of three big stories.
Those of us sitting with 7 for 1 split holdings clearly see how a $5 up day including yesterday and before market today are seeing clearly the $35 increase in their accounts. Those expecting 10 or even $15 moves in the stock are living in a dream world.
Actually there was. It's called diversification in the product line. Lower iPad revs, lower computer revs, lower services revs and monster iPhone revs. The buyback and dividend increase along with reception of the watch can inch us higher or hold us in place but to get to $200 they need a recurring revenue stream in music and apple TV in the June summit. I think they will.
Look for all the other current c or whatever it's called to go to Apple Pay.
Tim Cook shocked me and I'm sure other number crunchers saying that the Watch profit margins are lower then the average. This is the opposite in what was said with margins predicted to be as high as 60% on the Watch. Apparently this wrist computer has some very expensive parts that will come down in price but are not at the profits some have suggested.
Andrew I really have no problem paying my fair share of taxes. This country has afforded me the opportunity to work hard and use my intellect to invest making me a multi millionaire. I would never consider changing residence just to avoid taxes. I have been lucky beyond what anyone should ever expect and the stock market is the reason. The only problem I have is how do I throttle back after watching the market for 40 years just about every day except for various vacations and trips. I have beaten the game but I need to cash out and relax which is easier said then done.
Those who have had it for a week or more find it indispensable.
The words "The Watch" has now joined the lexicon of society to be synonymous with Apple. Two simple words "The Watch" and Apple has suplanted centuries of people using the word watch to refer to hundreds of products. With just the addition of one of the most used words "The" apple
has changed the way we will forever think of when we hear the word Watch. It's astonishing.
Well Liberal rag and Apple basher NY Times forever is a long time and from now until then many apple millionaires will be born and reborn.
People who like new and useful gadgets are going to have a ball personalizing all the things this watch can do for you specific to your taste, priorities and usefulness. I doubt many have any idea the power of this wrist computer.
A person such as yourself is worth 100 analysts use car salesmen whose only goal is to make commission on buys and sells of stock. I don't trust a one as far as I can throw them. I can't tell you how many times I rad that so few Chinese could afford iPhones and that apple was toast if they didn't build a cheap line. Then they called th China Mobile deal a bust when making the deal meant little until they built out their network in mid to end 2014. Now we hear China Mobile added over 50 million 4G subs in the March qtr. I should never complain about these bums because they helped me make a lot of money buying apple long and trading it in the past year 4 times successfully. It just sticks in my throat when I know how many longs are panicked by these downturns. The one from 700 to 380 shook out millions alone. The only fear I have is will the Chinese gov't allow apple to dominate the high end in China before they start saber rattling again. Maybe you could address that possibility.
That's where the growth is and that's where doing the DD puts you more in line with the real numbers coming. I guarantee apple beats estimates and it will be China where they missed.
I have to conclude that they are deliberately underestimating numbers so they can get their clients in before the numbers are announced. This is not the usual demand cycle for apple's iPhone sales because China's 3/4 g network has exploded and will continue to do so all year. Apple is the primary recipient of that growth. Tomorrow we will once again be blown away.