Big bag holders have to unwind their positions…..
Tim Cook tries to pull a Steve Jobs and roll out this huge carnival with celebrities including U2 simply to announce me-too products. Look, I'm typing this on my iMac and I used to have an iPhone. Apple is a cult. Their products are fine, they're competitive. But this announcement is not the second coming. It's seriously laughable how people view this company and it's product announcements.
wiwuwuw…. if that's true then why is the experience with APPL going to be different? People don't wear watches and no one wants a smaller device…it's just not usable.
But I told you so. You can't have a "BIG/HUGE ANNOUNCEMENT" and not announce any innovative things. APPL's days as an innovator are behind them. Sorry, a bigger iPhone and an iWatch are not innovations.
The payment system could be interesting but security concerns will likely limit traction with that product.
well. There you go…. That's what happens when you're announcement is a yawn. Not that AAPL deserves to be pounded… the valuations here are reasonable. But I see AAPL at
Sorry Evil. I'm in the industry. Outside of your point about developers your data is wrong. And, the only reason developers are still building to iOS is because that's what they were accustomed to. The FACT is it's about even now…from zero 6-7 years ago. The Developer community is moving to where the volume is. Does that mean iOS and Apple go away? Heck no. But AAPL isn't a growth story going forward. This release highlights that. ZERO innovation.
Don't be stupid. Really… you think it's Samsung giving away the device? It's not, it's the carrier. Samsung still get's paid for every device they ship….. and yes, Andriod devices are killing iOS devices in revenues as well. From ZERO 6-7 years ago to market share leadership…. and you people argue that these new phones are helping Apple win? That's laughable. Look, I don't even have a position in Apple - long or short but at least be honest.
@ Evil - to be specific, according to the data I read over 63% of the smartphone market is Andriod. iOS is less than 20% share.
@evil_master. Check your data. Make sure you're not comparing Samsung to IoS. If you look at total unit sales Andriod has a substantial lead over iOS and Android as been in the market for only 6-7 years. iOS is getting run over…..
They're killing them in shipments. I guess what you're saying is Apple nuts will pay anything for another Apple product. So, great… they're milking they're base. Whoopdedoo.
Churning your base is a strategy. No doubt. My point stands however. No innovation means a continuing shrinking of the base.
I like the thinking here…. my guess is sideways though…. Too many Apple nuts still. Once the shine comes off this thing trades at 60-70….. 12PE
See my other post on this topic… Apple gets rewarded for coming out with INNOVATIVE products that are IMPROVEMENTS over prior solutions. A bigger iPhone isn't that.
Not sure what you mean by "price". You must mean Valuation. At a 16 PE Apple isn't necessarily cheap but yes, you can make an argument that it deserves it. That is not a reason to rally on a me-to bigger phone.
iPod and iPhone were SUBSTANTIALLY different products than existing solutions. A bigger iPhone is not. we'll see about the wearable.
Dufuss. Those were industry firsts. A bigger iPhone? There have bigger phones around for YEARS…. wearable? Unless Apple has something SUBSTANTIALLY different than Samsungs failing watch I suspect it'll be a flop… well, except the nuts lining up at Apple store to purchase the thing. That'll die off pretty quickly.
Someone else made the point here about the AMZN Fire … that's a good phone .99 cents and you get PRIME for free. Apple needs to innovate in other ways. Making a bigger phone or coming to market second with a watch isn't innovation. Sadly the innovation died when Jobs left us.