CM playing games. It looks like aapl has abandoned talks and that's why they put this post on their website.
First, we would like to say "thank you":
Thank you for your many years of waiting, Apple has never supported us and abandon the effort;
Thank you for your curiosity, attention to the most wonderful technology portfolio: Mobile 4G "and" iPhone;
Now, let us understand you better let everything come "faster" -
If we can offer 4G mobile version of Apple's mobile phone:
And the 50 dma crossed the 400 dma on 12/10. The same scenario 3 months ago on 9/10 when 50 dma crossed the 200 dma and we a had sharp sell off. price usually gravitates toward the cross then it takes off.
I agree. The moment aapl knew 5S were on CHL website, they should have denied it. But instead, TC sat silent, which means either a deal has been inked, or TC is losing the PR front.
So, you're saying aapl manipulated their own stock at 705, and now they're buying it back at 385, but at their own pace. If aapl had that kind of might to influence a 500B market cap, i would have to say they should get out of gadget making and go all in as a hedge fund.
You're trying too hard to out-think this. Just look at the chart and you'll see a huge resistance at 575-582 levels (50% retracement off 705-385). TC has much more thing to do than manage stock price daily or hourly.
The problems with conspiracy theories; They're almost never true.
In tech space stock price goes hand in hand with employee moral and attracting the best talent. TC might be able to buy at lower price, but if he plays this game long enough his best talents will be out the door slowly. So, does he want to keep his employees happy or get 10% discount on repurchases?
SJ always said: It's hard to find and keep talented engineers.
575-582 is a huge resistance that will take a CM deal or some other big news. But believe it, once it takes out 582, it'll be all upside to 635-650.
You misunderstood me. I said the drop aap had from 700 to 385 resembles 2008-09 drop. Also, comparatively in the past 400 trading days SPX has outperformed aapl by 18.5%. This means aapl should be 620-630 now just to keep up with the market. And you don't have to get excited, everybody knows aapl has been a lousy stock in past 12-18 months.
In the midst of the biggest bull-runs ever, aapl has under-performed quite noticeably, no denying that, even Timmy agreed with the lousy stock performance. So bad that it resembles 2008-09 drop, except SPX is going higher everyday. As a reference, SPX is 18% above its 400 DMA, while aapl just barely sitting above it. This means SPX has outperformed aapl by 18%, even with this run aapl had from 385 to 525. That is how bad this has become even now. As a long-term holder, this is very frustrating.
iPhones sold as of Q4 13: 440M, set to achieve 500M by Q1 14
iPad sold as of Q4 13: 170M, set to achieve 200M by Q 14
I believe aapl will sell 60M iPhones and 30M iPad next Q, a blowout!
Thank you. I believe aapl is extremely and laughingly undervalued compare to SXP. It's so bad that even mentioning it not worth the breath. Most of the blame is Timmy"s, because of the poor job of managing investor's expectations. I'm sure he didn't do this on purpose, so he could buyback those shares at dirt cheap prices. Let's hope stock price will trade normal compare to the rest of the market or many engineer talents and fine employees will leave. You can bet on it, and then aapl will be just another Sony or BBRY. That's what worries me as a long-term investor as should worry all of us, including Timmy and BoDs.