While we're at it being reasonable in a sea of vermin let's see what the new iPad looks like and its relationship with Enterprise adoption. I have to believe they are going to go all out to create a device that IT mgrs can sink their teeth into. The growth curve of the iPad could sorely use and direction change as Apple is far too dependent on the iPhone at present.
I agree but I am stunned at the rapid decline. They are approaching Rimm status in phones as they don't know where to turn. Apple and Xiaomi have put them in a mortal vice. I am hearing apple is developing a mid tier 4 inch that would further tie the noose on Samsung.
It doesn't need to be iPhone or even iPad like but it must be a hit. I'm figuring a minimum of 20 million sold all year and 30 million to be considered another leg in the revenue stream into the future. If not the questions about post Jobs innovation will be back and as iPhone 6 mania subsides so will the questions of growth pervade. With that in mind all longs need to laser focus on all news on battery life, apps, price and advertising campaign starting Jan 1.
Samsung is reeling as their phones failed to crack the top ten as Apple phones dominated in all categories. It was surely an Apple Christmas and about to be an Apple Chinese New Year.
I'm not so concerned with the sales of the Iwatch but wonder what the incentive will be to upgrade the device. If apple allows for interchangeable bands with the watch itself this may allow for multiple buys. Anybody have a different view would be welcome.
Components are cheap enough and demand is enormous for apple to go into the mid tier market and sell millions of phones to first time apple phone buyers. This will be the most disruptive announcement for 2015.
The wall street journal ran an extensive piece on how Xiaomi has taken the chinese cell phone market by storm and used their number of 2013 profits of 556 million. Trouble is they have recently found that in recent filings Xiaomi only made 56.15 million with a meager 2% profit. When confronted the Apple wannabe said not to value them like apple but more like Amazon. Well golly. I wonder if they will give back all the venture capital money invested based on 1/2 billion in profits. Furthermore if Xiaomi peaks its head out of China trying to expand their market they will go bankrupt trying to defend the numerous flagrant patent violations of apple. I say these things to sober people up that there i somehow some light at the end of this ABAT tunnel.
As far as apple goes in China they are making billions at the high end and have only recently been gaining the fruits of their china mobile partnership via the expansion of 4G. The apple numbers will be huge in China as we approach the Chinese New Year and gift giving of apple products holding the highest prestige which Chinese covet and see as a form of great respect at the top of the gift food chain.
I'm not missing the biting rain in the northeast as my days have been in the 70's with lots of great tennis. Looking into buying a Disney Vacation Club villa as going for 10k every year is getting old. For 40k I can get 30 years of 2 bedrooms three baths and a short walk to the Magic Kingdom at Bay Lake Tower.
Markedly increased battery life and or using Corning's newest gorilla glass said to be twice as strong as current. Any or both of these are sorely needed and would be highly valued.
With the DOW at 18000 and up against historically high PE's a correction is the best thing that could happen. Apple will surely be a leader when the correction runs its course. This healthy and needed.
What about using highest cost basis about my most recent trade sales don't you get. I've been in the market for 40 years you fool. I match my long term sales with FIFO but my trades are highest cost. You didn't even know it was a simple click. Look I'm packing for Tuesday Boca flight. This snowbird has no more time for moronic debate. Have the last word and make it good fool.
Here is a supposedly respected investment journal who ran with the number 556 million when in fact Xiaomi only had 56 million and then editorialized the fallout for apple and samsung based on this erroneous numbers has gone almost unreported. In fact Melissa Lee is going to continue the Xiaomi myth on Fast Money. It's a disgrace.
How is it possible to be more wrong. The idea of a business model is to make profit. Xiaomi makes next to nothing while apple makes billions in China. The wall street journal said they had 556 in revenue in 2013 when it was 56 million. Your claim that apple is not popular in China is ludicrous and using a company selling phones for less than cost to prove a point is absurd. Anybody can see that.
As I said I trade apple with 200k and have done so successfully three times in the past month alone so it would be plain stupid for me to sell using FIFO. It's a simple click after the sale to sell at highest cost that you failed to understand. Punched twice as I said for all to read despite your bobbing and weaving.
Word on Watch demand and Xiaomi WSJ debacle and apple gives a gift of being down. In the coming month we'll see new highs as sure as Apple is the leading smartphone maker in the world.
Not a word back because I once again exposed him for what he is and I will continue to do so.
The weight of apple never being better positioned to take over the high end of the smartphone is clearly evident by the facts. Today will be looked at as being a great buying opportunity.
It debunks a year long campaign to paint Xiaomi as some type of threat to apple in China and more importantly Apple's key metrics of revenue increases in this imp't growth market. We now can see that Xiaomi is but a small insignificant niche player that relies on deep discounting and copying to eek out a small profit. No way shape or form like what has been reported.
Trouble is the entire article describing the model was based on WSJ getting the 2013 revenue wrong by tenfold. In effect every word praising the model was wrong yet no retraction.
IBC said Xiaomi was a threat to apple but apple made 150 times the operating income in China then Xiaomi. Proof once again he nothing but a piker and a math illiterate.