I read an article that speculated the new , "A-9" ?, chip to be in the 6s is almost twice as fast as the previous chip - that would be great!. I heard the same chip to be in Apple TV also I believe.
I thought that was a silly question but then I remembered their service vehicles. Savings on the cost of gas going down for some time in the future. Could be significant.
% of Shares Held by Institutional & Mutual Fund Owners: 64%
Number of Institutions Holding Shares: 1813
Freaking huge volume today and I bet this postpones any rate hike. Maybe everyone out who wants out.
CNBC said it was the buy orders that were not balanced this morning showing the % down incorrectly lower than was.
I had multple problems with Trade Architect - seemed to be bogging down, charts did not work. Wondered if anyone else had difficulty
Naked shorters complaining about a CEO issuing a news release to reassure his stockholders is who is complaining. I hope there is an end of the day second squeeze to make them find all the shares they sold.
magna cum laude from Harvard College in government
Juris Doctor degree from Harvard Law School.
Jim is not that dumb.....it was a press release if anything.
As you know, we don't give mid-quarter updates and we rarely comment on moves in Apple stock," Cook wrote. "But I know your question is on the minds of many investors."
"I get updates on our performance in China every day, including this morning, and I can tell you that we have continued to experience strong growth for our business in China through July and August. Growth in iPhone activations has actually accelerated over the past few weeks, and we have had the best performance of the year for the App Store in China during the last 2 weeks."
"Obviously I can't predict the future, but our performance so far this quarter is reassuring. Additionally, I continue to believe that China represents an unprecedented opportunity over the long term as LTE penetration is very low and most importantly the growth of the middle class over the next several years will be huge," Cook added.
ack, my english teacher is cringing from the above. Sales have been increasing so far this quarter in China said Cook and other positives as he gets data from China sales every day & that is how he comes by above info. Cook has never fudged the numbers when he speaks, he is not disingenuous.
I just heard the letter to Cramer from Cook - it was great! Said the last two weeks were the best ever sales through stores for the past two weeks and that as LTE penetration increase from it very low point sales will increase.
Cramer just read a letter from Tim Cook that was written to him this morning and Cook said that sales are growing in China , the last two weeks have been the best ever sales through stores and that LTE penetration is very low in China and sales should improve as it increases.
I agree, Some weekly online seminars on trading I attend have for the past couple of weeks pointed out that money flow was leaving the market even though it was maintaining its levels .Those hedge fund billionaires eased a huge chunk of money out of the market over the past months then shorted and dumped to create a new buying opportunity. Wish I had given more weight to what those online guys were saying.
Go Tim! Add more to the buy back and panic anyone short! Some executive rhetoric would help change the direction - owes it to the stockholders.