Boy, THAT'S all Apple needs, is the next buffoon analyst giving THEM advice. Apple was re-writing tech history when that joker was wetting his diapers.
so? It's the first day of public trading. The stock's going to be around for many, many years to come. Hot IPO stock ALWAYS open much higher than the pre-IPO price. Minute-by-minute traders sweat over a point or two. Think INVESTOR, and you begin to see the writing on the wall.
I concur here. Cook and the BOD have proven beyond the shadow of a doubt their total incompetency. It is time for a complete burnout of this dead wood. Hopefully, the annual shareholder meeting will voice this sentiment and can lead to something better than this farce of an executive team.
If there's any real INVESTORS posting (or at least reading) on this board, keep in mind the vast areas of opportunity available to Apple, beyond even the smartphone market. As a past IT professional, one thing that's really got me excited is the entire area of the Cloud and transactional processing. For instance, do you realize that Apple currently controls almost 30% of the ENTIRE global cloud storage resource? This vast resource, together with the huge global iTunes transaction platform, portends immense opportunities for revenue-generating transactions and customer accounts. iTunes is already a huge transactional mechanism. With Apple's huge financial resources, the future is open for Apple to grow into a global presence in the transaction payment/credit business that could challenge VISA.
Folks, just think about it. This, and a number of other un-tapped opportunities will propel Apple into expanded and entirely new enterprises in the years ahead.
Your post illustrates a basic lack of understanding about cash flows. Plus, Apple is increasing it's cash hoard by billions every quarter. An amazing cash generator. Look more deeply, and you may figure it out.
"DD is the Key". (me)
" It's not a trade at all. It's a racket. "
Exactly. BUT, a "racket" that can be pushed off the stovetop when significant new money moves in. Next year, many institutions will re-adjust their strategies for the new year, and inst. ownership will ratchet-up. Coupled with continued execution by Apple's share buyback, the next leg up in the stock price will ensue.
" Just IGNORE this clown ID. "
Already have. It's now up to the rest of the board.
However, they're very well trained in the art of saturated ad web pages, and useless "reports" for sale in an attempt to suck into their fold.
.... congradulations to all the "Ignore" clickers. Put all the useless riff-raff into invisible cyberspace.
What's to drive AAPL back down to the level of 350? A weak June qtr has already been baked into the stock; there's really nothing of note to act as that much of a downward catalyst now. Now, if something comes out of left field, like say, a sudden major delay with the next iphone or something of that nature, then yes, i could see a new push down. But then again, don't overlook the share buyback and boosted div, which are now reality rather than speculation, so that's another factor in the UPward momentum.
This woman is a mindless twit. So, why is everyone so concerned with her? Do any of you folks actually think for one moment that dear little Melissa Lee has any sway with Money People? The only sway she has, apparently, is with the nervous little retail stock purchaser ..... YOU guys, for instance?
I voted for Icahn's proposal. This was more of a default on my part ..... Apple mgmt has demonstrated that they are absolutely unwilling to do anything for the investment community directly. They even let these silly highballed analyst estimates of iphone unit sales get out of their control. they could have lessened the Monday blow to the stock by simply pre-announcing their own conservative estimates, which would have taken alot of the downward momentum off of the stock, but no, as usual they do nothing, then Cook gets on the conf. call and proceeds to sink it even lower. The Apple mgmt and BOD are brain dead, and so personally wealthy that they have no care for the stock. At any rate, it's a sad statement that an "activist" outsider ends up stepping into the fray while the co's own mgmt is incapable of supporting their own stock.
Man, i'm "really, really" discouraged now. I thought it was bad before ....... now, i see that it's REALLY, REALLY bad.
It particularly concerns me that none of the highly regarded, top-notch bloggers such as Motley Fool, SA, and Watt St. Cheat Sheet, have nothing to say about the impending China Mobile deal. The fact that they are without comments, must mean that it probably won't happen. That REALLY has me REALLY, REALLY down .....
.... i mean, REALLY ....
Apple is under-priced at $1,000/share. $705 in Sept. 2012 is just a prelude for what's coming in the (not too distant) future.
Who's "Icon" ?? I do know that Carl ICAHN recently moved into Apple stock in a big way, but this "Icon" ..... ? Who's THAT?