biggest fact is that the venue is 7000 seats - up from 1500/2500 .. there is something big - res ipsa loquitur
Why would Apple move from 1500 or 2500 seat venue to 7000 seat venue?
Only rationale is that there are major surprises pending . it cannot just be a phone upgrade.
Apple TV must be a biggy - what have they put in it that does not have now? Siri and gaming???? that would be a big. Are they going to surprise with the TV slimed down program Steve Jobs said he figured out?
Pads - the big pad all have discussed . that would be a game changer ... if huge screen and alternate for laptop for when on the go - I would purchase 2 minimum.
Watch - maybe something to add to the phone for exercise that people have chatted about?
There is a reason - and it is a huge reason - res ipsa loquitur
You are correct - otherwise you would not see Best Buy investing millions in inventory for the watch - which was confirmed several days ago.
Christmas item is the Watch
this is so awesome / Cook will turn this market - this email will change the market today!
demand is inelastic - you can earn money on iPhone by being efficient, less employers - and cheap entertainment
this confirms what I believed .inelastic demand of worldwide consumers for iPhone / app store / apple products!! this is awesome
no hesitation . crazy low pe - new products shortly ... low conversation rate of 20% to iPhone 6 so have to buy.. inelastic demand ...
CNBC - 1 minute ago - said buy .. no hedging.
usually he plays both ways . said buy today
I agree .. when you want to buy, you need to sell ... when you have to buy that day. Here, its the opposite - you really want to sell .... got to ... you really should then be buying.
People are selling Apple to get quick cash for overseas problems and they need cash. When the slosh is over - money ends up in "growth, dividend, low PE"... pe way under 10 now looking forward, a joke when you take out cash .... and the product is inelastic (people want the products irrespective of the price/economy" .. it makes you efficient, and feel good.
This is likely the best buy point . not buying Apple at $100 where is now .. is greed... greed gets killed . missed opportunity
good move. Not selling 1 share. christmas will be great .. and new product date in couple weeks is perfect timing for this ...
because when you see an opportunity - which is a stupid sale based on small currency devaluation in china .. you take the opportunity and act
its a puny devaluation - that increases Apple's margins worldwide.
Demand for iPhone is inelastic in downturns - US 2009 proved it
Has anyone ever employed you for anything?
Look at the PE .. under 10 forward, crazy low when you back out the cash.
Plus - the phone has history of selling big time into down economy here .. and only 20% have upgraded to the 6.
Apple would be nuts not to buy shares right here .. stock movement was initiated by the moron at Wells Fargo who downgraded Monday I recollect on an idiotic rationale ........ I think he did it to Disney too .. he is a jerk manipulator
I don't think China will do anything in a vacuum / stupid here ... they are dependent on our economy to be good / or they tank since our demand for their products would dive
So right - I just posted .. .Wells Fargo nonsense started this .. they analyst is so dumb .. they hate apple because where its going (UP UP) hurts their pocket book if investors sit on the stock.
As I posted - Apple/Shareholders (those that don't buy the BS) are the ones scoring.
Every share sold (huge volume last week) remember is purchased .. those buying the stock .. including Apple and Carl Icahn (maybe Trump) are smart to see the great buy as the result of the manipulating jerks .. such as those at WF