i think they want to give all the people who own stock from before the ipo a way to get some cash without selling stock. and they have plenty of cash so who really cares? the key issue with king is that they have a dearth of new titles in the first half of the year, so the question is how well the current titles hold up until they have some new stuff. also, can they get a big hit with new titles?
the market is not rallying ahead of it, so likely after the event all focus is on the next earnings and capital return plan update. so i think shares are held down before the event and rise after.
i would agree with this. not alot of volume on the downside. i think that everyone is in hold mode with the watch coming out. if the watch gets a decent reception, it will move up higher. this is different than other apple events where the stock rises ahead of the news. on this one, everyone is cautious ahead of the announcement and after the event, investors will look forward to the next earnings release.
the inner city is the only place where apple doesnt dominate. i prefer owning businesses that sell to people who have money and can afford premium products ith high gross margins. particularly with income gap widening. maybe you should consider getting an education and putting down the brick.
apple will take patent litigation more seriously from here on out. only a small bump in the road, but it will create some diversion for a while.
it is not irrelevant and I am an apple stockholder. the apple lawyers who defended this case should be fired immediately. the patent is so vague that it is meaningless and the texas jury was simply too stupid to understand patent law. but those lawyers were vain and thought that they would win, so they didnt clearly demonstrate that the patent was irrelevant. the apple lawyers probably defend against tons of these suits and didnt take it seriously. they should take every patent lawsuit seriously and make sure they crush the trolls at every step. i am pretty sure the apple lawyers will now bury the plaintiff under a mountain of paperwork and will present a much better defense in the appeals court.
they did a horrible job. that patent was so vague that there is no way it should have been awarded, but apple's lawyers are haughty and presented a horrible defense according to the transcripts. losing ANY lawsuit like this is a bad idea. it is like throwing chum in the water. you have to kill all these patent trolls. the patent in question is so broad and non-unique it should be worthless.
an important move for apple. windows users can use the full apple suite through browser for free. apple still needs to make some improvements in numbers, it just isnt up to excel in terms of features.
apple doesnt drive the market in that way. it was hedge funds and money managers who realized there are only a few days until the iwatch event. and then a month for next quarter earnings. another 10% rise would be plenty for me by the week after earnings.
traders are guessing and he got some things wrong. apple is still cheap relative to the market. oil will have a hard time getting a sustained rally as long as the supply demand imbalance exists. probably one more big downward spike to cut production even further on drillers.
i might execute that trade at a later date, but only if oil plummets one more time.