Those 45 million would rather operate an iPhone at 2G rather than buy a Samsung or another product for the China Mobile's old 3G system. They will replace their inadequate iPhones for new ones over the next 2 to 3 years to be able to have 4G. That's 15 to 20 million potential new iPhones just from them the first year. Then all the new iPhone customers who have waited patiently for the oportunity to buy and use an iPhone at 3G and 4G status. The analysts who say 30 million sold the first year will be likely be correct. They may be even a little short on their predictions.
So sell if you don't like it and buy some overpriced momentum stock. This stock is not for the weak of hearts; it's for the true value investor.
Didn't you say dump AAPL for BlackBerry too? It's down 7.5% today. You make good calls.
Dumb ace logic. China Mobile already has 45 million customers using iPhones. They can only use them in 2G mode on the CM network since the iPhone does not work on their 3G home grown system. Using them in 2G is a nothing use for the iPhone. The new iPhones can use their 3G and 4G networks. All 45 million iPhone users will either upgrade to the new iPhones and sell their old ones or move to the competition. CM expects 17 million new subscribers by selling iPhones. What do you think that CM going to do, sit on their hands and ruin their business from customer churn? 30 million or more iPhones on their network by next year will be upgraded iPhones so that they can truely use them for data. They will either buy them from CM or another source.
My new one man investment research firm, Apples Galore, just came out with a research report that suggests that 30 to 35 million iPhones will be sold by China Mobile over 2014. Baron's, I give you permission to reprint my findings.
Google Jon Carnes investigated. He is being investigated by the Canadian Securities Exchange for his fraudulent allegations of Silvercorp. The Globe and Mail article is very interesting. Our SEC should take note as to the activities of Copperfield and Gotham.
Unlike Mr Um, he seems to know what he is talking about rather than speculating and making assumptions based on the past.
Qualcom engineers said WOW, we didn't see that coming about the A7 64 bit chip. Now everyone is scrabbling to get their own. iPad Pro and iPhone 6 with A8 128 bit chip next year? ARM discussed 64 bit chips with Samsung in November and maybe even 128 bit chips. Apple will have them first.
And AAPL will be the next $1000 stock, so what.
I'm going to be holding my shares well after the dumb ace shorts are gone. So I don't really care when it gets back to $700 because it will hit that and go higher sooner or later. This isn't Microsoft; Apple executives/employees have long term plans.
WASHINGTON (AP) — A federal judge ruled Monday that the National Security Agency's bulk collection of phone records violates the Constitution's ban on unreasonable searches, but put his decision on hold pending a near-certain government appeal.
About 6 minutes before that tweet, Mr Yu tweeted:
LST@LongShortTrader 17 Dec
Is it just me, or is the 'fashionable' trade of going long heavily short names, suddenly unwinding, bit by bit?
Don't be dumb. Any taper is going to be done over an extended period of time and they aren't going to raise the overnight interest rates. The idea of the taper causing any problems is overdone and stupid. When they taper, their outlook for the economy and employment will be good. Good economic outlook and better employment leads to higher stock prices. Low interest rates could continue for years with low inflation. There's still no other place to invest other than stocks. Any dip that others cause in the stock market will be a buying opportunity as AAPL is today. CM doesn't need a formal agreement to sell iPhones and they will sell them before an agreement is signed. 30 million or more iPhones will be sold through them in 2014.