I am 1000% behind Mr Cook but don't think this will have ramifications for the company. What happens when Mr Cook travels to a country where his sexual preference is illegal or worse punishable by death. Wow! I hope it dies down and we can focus on the company's business model ASAP.
Samsung is imploding suffering a 73.9% drop in their mobile division profits division. All this while still selling twice as many phones as apple. IBC guaranteed this model would drive down the price of apple's phones and since samsung was insulated with diversification they would destroy apple's model of premium pricing and carrier subsidies. Carriers are now cutting each other's throats to give consumers the best deal on aapl's phones,why because they are so much better. The one thing Samsung had going for them was size so when apple matched them Samsung subs are now fleeing them like they have the plague. Now all the other Android makers smell samsung blood in the water and will move on them to further erode their sinking ship. When the smoke of samsung's failed model based on stealing technology clears there will be one trillion dollar company standing.
Saying one has "pride" in being gay is merely a retort to the decades when all gays got from society was to feel "shame". Whenever a group is the subject of prejudice and discrimination it is a natural reaction to celebrate when the shackles are removed and they are allowed to be judged on an equal playing field.
The man steps out of the baby pool and drowns every time. AAPL"s margins were supposed to crash as the market matured. Samsung's diversification would allow them to beat up on apple.
Samsung now needs to watch they don't go the way of RIMM.
What his sexual orientation is when he gets a break from his dedication to the company should not matter to any shareholder. If it does sell your shares don't buy the products or do whatever it is you bigots do because there is a line waiting for the products and buying the stock. There are plenty of heterosexual CEO's that can't hold a candle to apple that will gladly take your money.
It's apple envy. A bunch of losers who could never afford to buy the stock just posting anonymous hate like true cowards. I have been on these boards over a decade and they bring out the worst in inhuman nature.
I told you.
This is unravelling at a rapid pace.
Just released qtr which was in line with my thesis that 2014 was aapl's new product cycle year and headed for new highs as opposed to IBC who guaranteed 360 in 2014.
Just released qtr with earnings of 1.42 was an increase of 20%. Revenue of 12.3 bil was an increase of 13.3% with a staggering cash flow of 13.3 billion. Profit margins were a full percentage point higher not lower as IBC predicted.
Now the current qtr is set to be the biggest ever and will dwarf last year's by a whole lot. AAPL is a growth company just not on a short term timeline that loser traders who sell fruit for a living have to do.
Already he's swagging.
Oh my apple may win without throwing a punch
The man has zero credibility after that horrible guarantee
Now apple should put a full court press on getting them to break ranks with bully walmart.
The hard part is over. Getting all the big banks and developing a system that not only works but is revolutionary in its ease of use. This is a snowball running down hill and will see mass adoption not just in the US but worldwide. Look how Ma of Alibaba gushed over proposing an alliance with apple and read about Cook's equally gushing response.
In an opinion only side I am seeing the seeds of apple possibly making a run at Yahoo since more then a third of the equity received will be a large piece of alibaba.
Dude you said apple 360 and its 735. What about being so wrong do you not understand. That was the prediction. That's what was so wrong. All the rest is just excuses, backsliding, rationalizing and failure to admit your stupid prediction has been proven wrong by a whole whole whole lot. I was correct about apple and you were wrong. Face it, own it, and move on. Don't make excuses. Man up.
I can only get a hardy laugh. The way you try to convolute is amazing. You show a comparison and say but apple is only slated to grow 11% and then say you showed how apple is not a growth stock. Do you have any clue what the PPS will be if apple grows 11% with the dividend and cash flow they have? No wonder you guaranteed 360 and it's double that! I forgot how nuts you really are. Oh I forgot I'm a drunk, don't really have apple stock and my wife left me, LOLOLOLOL. 735 not 360 as you guaranteed for 2014 on August 14, 2013.
I must say you have unmitigated gall acting as if you have a proven point after making one of the worst predictions one can imagine saying apple 360 in 2014. How can you possibly be so stupid to compare apple with a forward pe of 10 backing out the cash with companies like Facebook with a PE of 85 and amazon without any earnings to even warrant one. I thought the idea was to make money. If apple grows at 11% and gets a deserved PE of 15 to 18 the stock will be over 200 in the next two years. That's equal to 1400 PPS pre split. I'm debating a person who couldn't out math a 5th grader.
You went back to make a point against one that was looking forward. The very reason for apple's resurgence is based on the last qtr, this quarter and subsequent quarters. My point, you thick headed drone, is that the market used a short term philosophy to correct a stock that was in hyper growth and an exponential PPS for three years. It had nowhere to go but down during the product refresh cycle. That is happening as I type and why apple's stock is hitting new highs and will continue to go up.
In the end it doesn't matter how you convolute the truth because I have just a hair under two million in profits since I first bought and continued to buy in the latest correction to the 300's. If the market can't look beyond the the correct way to buy a company in a 3 to 5 year frame I will take advantage every time with a company minting money with cash flowing in like no other before it. The buybacks they use to keep their best people and retire shares is a prudent way to support the stock. The fact that they took advantage of the lowest rates while paying little tax overseas is just good business.
Not sure why any thinking individual would pull figures that had nothing to do with the post you are responding to. I am talking about the current quarter compared to all of 2010. You really took great pain to prove no point. It boggles the mind. It shows you know nothing about the product cycle that defines the reason smart folks like myself take a long view on apple. Then again you use short term loser investor logic to say my buying at 120 and not selling at 700 when it went back to 380 is somehow losing money. Not to mention I bought 1200 more shares at 440 when you shorted. Your short term loser to my long term gain again.
Apple didn't grow a lot because they don't pull life changing products out of a hat. Samsung tried to do that spending tens of billions to advertising and fooling the market for a short time. How is that working now.
Watch Apple Pay, Apple TV, the latest iPhones and most of all apple watch and tell me how their growth is from now until the next two years. You guaranteed apple 360 and it is double that. No more need to be said to prove how little you know. Stay in the baby pool.
Post split shareholders need to be patient as those, like myself, who received lots of shares in the split will take profits along the way. It's not a lack of bullishness but just the prudent thing to do.