knee jerk reaction - sure, i agree. but that doesn't mean I'm wrong about the fact that this ceo has had 3 years to get things moving in the right direction and they have 2 gruesome quarters. is the leapTV going to be a big enough hit to make up for the revenues tanking in other places? next quarter might be better, but what happens after the initial sell-in of the LeapTV? seems to me like the product demand across multiple products is soft. so it all rides on the leapTV and leap band. not sure i like those odds.
i see it at 4.99 after hours. i think the blood on the street is going to get much worse. the ceo needs to be fired right away, before he destroys the whole company. i see in the press release that it says they are making investments in IT infrastructure - what? forget investments that have a dubious payout. they need to fire 30% of the staff and re-focus the company on making money for shareholders. how does this company have such a high COGS - someone in inventory management or sourcing needs to be fired!!! the big question is whether LeapTV will be a success, and whether they have major problems with shipping it. LF should be moving up to $10 a share, but this management team is killing the company.
the problem with LF is that there are tons of educational apps online - my daughter plays apps on the iPad. will i buy a LeapTV - no! will i invest in the stock - no!
i need to listen the to cc, but pretty certain the shareholders should fire the ceo. leapfrog is a good brand, has some good new products, but they spend money like it is going out of style. this is the type of company that needs to have the management and staff gutted. you know you have a problem when the svp of marketing is a left-over from toys r us, another failed company. there is no way that this company should be projecting a loss for the year.
tim cook had held onto the belief that noone wanted a larger phone for years and ceded the market to samsung. where would the company be if a better ceo had been in place? also, cook is still holding on to the idea that people don't want a tablet that has functionality of a laptop - another delusion. apple's designers and programmers and people are great, but the ceo is holding this company back. the company needs someone who sees these things much faster. sure apple will come out with a hybrid tablet and it will be a huge hit - 2 years after they should have done it. consumers are just begging apple to save them from the windows platform, but apple just won't create the products that would ignite the big switch away from microsoft in the productivity area.
i think the support level should be right around 5.30 if it doesnt hold that, it should drop to high 4's. this company is going to make someone rich, either the longs or the shorts. i wish i understood it better and could place my bet before earnings, but just too risky for me. i'm wait until earnings and see if i think the market overreacts one way or the other.
i had misread his bio and take back what i said - partially. 3 years is still a long wait for shareholders. must be painful for anyone who has held on for the turnaround. i had heard stories from someone who used to be at leapfrog about the ceo that was there years ago and he was a nightmare. must have been the previous ceo
must be expectations of a horrendous earnings report. if this company had a different ceo it would be easier to see the turnaround, but it is hard to believe that the guy who has been the captain for a decade is going to all of a sudden get it moving in the right direction. i like the leapfrog brand as the leader in edutainment, but feel there is something wrong with the strategy.
got to research this more, but seems like the next conference call is going to be bloody in terms of the sep quarter. but then the dec quarter will soar. hard to tell if the market will sell LF off on the bad news or buy it ahead of earnings on anticipation of the following quarter. getting in at the right price could mean a huge difference on this stock in terms of return. yesterday might have been the bottom, but hard to tell.
im definitely doing to do my dd before any purchase of the stock. i was just trying to see if anyone else had any info. the drop yesterday, on a big up day for the indexes just seemed so wrong, given the new products.
wife does all our shopping, so i will have to mosey by a walmart.
i saw a tv ad and thought that LF would be rising right now in anticipation of a decent product launch. but the stock seems to be saying that this product is DOA. what is the deal?
i just eliminated my exposure to the market completely. but i might be back in tomorrow. just trying to stay out of the way of the declines and capture the gains. i don't like seeing my gains get taken away
i just don't like the look of the SPX chart and figured if twitter didn't impress, it would push things down in the morning. still love apple, but i think there might be just a little pull-back before moving back up. i just don't like the way the indexes are sitting right at resistance with no volume and a lack of conviction by large buyers. if the market tanks again, then i still want to be back in apple for the run-up to the next earnings release.
they can afford to not accept it now, since the user base for iPhone 6 is still small. this could take a year or two to reach full adoption.
still alot of wall street operates on the wrong assumption that apple cannot continue to command a premium price for their phones. i'm here to illuminate the future for everyone. computing devices are going through a radical reinvention and it is only the beginning. 10 years ago computers were desktops and windows was the monopoly. then smart phones got introduced, then tablets. but those form factors will also change. soon wearables, and the internet of things will take over. apple is the one company that is capable of creating things that actually gain traction with customers. they usually don't invent the new thing, they just make it popular. the notion that apple's growth will fall in 2016 is ludicrous. that is exactly when the synergy of the bigger iPhones, apple pay and apple watch, along with a shift to macs, will drive market share gains. the number of computing devices we use is growing and apple is taking a larger share of all those markets.
the next earnings call will blow out guidance and lead to a stock price near 140. and that is just the start. apple still only has 20% of the global smartphone market. watch them grow that year after year for the next decade, and invent totally new categories that they will also dominate. until i see another tech company that can actually get it right - design, user interface, ecosystem, etc - i will stick with apple.
own a huge wad of apple, although i did sell high and get back in lower recently. there are plenty of owners on the board, but it is hard to find their posts amongst the trash of apple bashers.
in the short run. yes, he is alot better than ballmer. but at some point microsoft will be a GREAT short. we just need apple or google to finally deliver a desktop operating system that hits the sweet spot and microsoft software will go bye-bye. just a matter of time, but it might take 1-2 years before it peaks. i'm patiently waiting for that top.
too many of us placing orders at 105.01.
put in your order at 105.1 and make them pay to play these games. maybe there are enough people that they can't execute it.