If apple were in any way in trouble beating last year's iPhone sales number you would be seeing a lot of iPhone commercials. I've seen very few. The iPad plus gets more play at prime time. I have yet to see a Cook prediction not come true. This will not be the first time.
All companies react to them and they either partner, die or take the undigested crumbs. Today we bust thru into the 120's. Apple Pay in China is a huge story if true.
The good is the store was full of buyers. The store looks great since Angela did her thing. The bad is going with apple's new plan is being resisted if you want to switch carriers. In my case Verizon is making it very difficult both in their conversations with apple techs and in my subsequent visit to their store since they said that's what I had to do. I am now 6 hours into it and still have not been activated with Tmobile. The coordination between carriers with each other and carriers and apple is in turmoil. I assume people are going to be very frustrated as I and my wife are and this is not good for apple investors.
As apple continues to expand with apple pay, apple music, apple Tv, apple car, home kit and health kit people are going to feel left out of the apple loop and that won't feel good. The migration to apple from android has just begun.
They can't get their arms around this and the enormous growth there is in monetizing this amazing never before seen base. But they will they will very soon.
Rinse and repeat Apple Watch scores 100 out of 100 with IBM Watson
Help me understand what kind of person does what you are doing on this board. I so value my life and have trouble when seeing somebody wasting theres.
Will have its second highest qtr. So much for a slowdown in China.
Still posting on a 7 cent stock board with wordy retorts to protect,err I mean, pound into the ground anyone left to read your tripe. What a great human with all your money, islands, planes and intelligence still finding time to bloviate here. Your parents must be so so proud. Apple at 360 oops!!!!!! LOLOLOLOLOL
Go figure! And I don't even get many recs,LOL. I do get to fatten my own bank account which is what really counts.
What has changed is the realization by one broker that apple is not an iPhone company. This alone has held the stock back for over a year. The investment community will finally and belatedly begin to see that apple is like no other company that has come before. The rise in the stock will be swift and will leave little room for retail investors to get onboard. The powers that be have sufficiently messed with their minds and led them to believe apple is dec money. Well it is abut to rise.
When the obsession with iPhone sales stops. Goldman started the ball rolling and others will take notice. Apple is a services company and the iPhone is a central product in an ecosystem. Apple is the services gorilla to the growing worldwide middle class which is expanding in China and India like at no time in recorded history. Each incremental expansion widens the moat for subscribers to feed off the system and buy into new apple offerings. Thinking that apple has no more to offer their base is as dum b as it gets. Just ask yourself a few simple questions. How many people switch once they buy an iPhone, how many switch from another phone to apple, and finally how many new people buy their first smartphone from apple.
If you remember when Facebook got hit because there were concerns on how they intended to monetize their subscriber base. Once they started to show just how the PE expanded and new highs were set.
Apple not only has a billion eyeballs but unlike Facebook and the like these folks are not being exploited by apple for commercial reasons. This is a very imp't distinction and why apple moves methodically with their privacy always at the forefront.
The market until now has not assigned a value to this base even though they are the most affluent in the world. Apple will service this base and they WILL extract from their accounts on a monthly basis billions of dollars. This is why the law of large numbers does not apply.
Services related to every facet of our lives from the car, the home, travel, medical, and all manner of entertainment will come in many forms and when they take hold the PE will expand and the price will hit new high after new high.
This is already happening in Enterprise where Cook said apple made 25 billion last year. This could quadruple in the coming year. I have a feeling the recurring revenue is finally out of the bag.
Apple has a billion credit cards on file.These people love apple, love apple products, trust apple, and have the money to buy future and present apple products. Goldman has assigned a value to each of these coveted subscribers based on a recurring revenue model. In the next few years apple will move deliberately and methodically to do just that. They are also building a similar model in Enterprise. Jony Ive is the DaVinci of his time and Apple is the Medici Family with unlimited funds. The world is Apple's Florence with a billion people willing and able to buy what Ive has created.
Monetization of an ever growing sub base with recurring revenue is the key. Goldman shows how revenue can double.
Cook has shown no problem parenting with the biggies as he has done with Cisco and IBM in Enterprise. With Google persona non grata in China look for apple to cement china ties with partnerships with Chinese banks and all the major commerce players. It is a feather in any company#$%$ to do a deal with Apple.
This is the prime reason I hold every share of apple not used for trading.
These are apple loyalists with discretionary income. They are far more sticky to apple then any subscriber or user of Netscape or Facebook which both get huge premiums. Jony Ive is in the prime of his innovative life and will surely create new products in the next decade that will get hundreds of millions ready willing and able to buy.
That's a bad idea for many reasons. Apple is a maker of innovative products. Why would they want to get into that business? Why would they want to change their apple pay model becoming one of the players? They would have to borrow money to buy them given the majority of their stash is overseas. Apple is a conduit, apple is a toll collector and apple is the premiere product innovator in the world. For those reasons apple should stick to what they do best.
This would have been thought impossible a few year's ago.