Well, I don't know which store you went to but people are buying from the NY store. Please read the following report for details.
By Salvador Rodriguez
November 11, 2013, 12:06 p.m.
Waiting in line for a new iPhone on the day it launches is normal. Waiting in line for a new iPhone a month and a half after it comes out is just strange.
But at the flagship Apple Store in Manhattan, consumers are outside waiting in line around the clock to purchase the iPhone 5s, which came out in mid-September.
According to PC Mag, Apple's iconic glass-cube Apple Store still has a "huge line" of customers looking for the popular device. Apple is asking them to wait outside the store for the sake of its other customers who aren't shopping for the iPhone 5s.
The iPhone 5s is hard to come by -- especially if you want the gold version -- but at this point, there's no reason to wait in line for the device.
All versions of the iPhone 5s are available online with just a two- to three-week shipping wait time, and users can also check the in-store availability of the Apple smartphone by going to the company's website or by calling individual locations.
Besides Apple, the device is available from numerous retailers, including Wal-Mart, Target and RadioShack, as well as cellular carriers like AT&T, Verizon, Sprint and T-Mobile.
Apple still has a line at its main New York store simply because it's an iconic location that is known for attracting Apple fans and tourists.
I don't understand why so many thumb down my post. Are you human beings? Do you have any feeling?
The latest dead toll estimate now reaches 10,000. Please do your part, call the Red Cross to see what you can help.
There are more important things in life than beating each others on a message board. So please tone it down, think about how lucky you are, and do something to help the unfortunate.
Your posts are an eye openers. Until now, I have never known anyone who can receive pleasure by showing the world how uneducated you are and how rudeness towards others you can be. If there is any humanity left inside you, I hope you will do some soul searchings one day.
Unemployment rate went up because of the government shutdown. The furloughed federal workers were added to the unemployed. They are now employed again so the next month's rate will drop.
Today it trades ex-dividend which means if you buy today you will not receive Nov. dividends but if you hold it until the next ex-dividend day, you will receive the next one, most likely pay in Feb.
If you only have $1000 in your account, you can't sell naked calls. It will be even riskier than buying calls because naked call selling has unlimited risk. Your broker won't let you do it for their own protection.
My reply was a sincere advise. If you don't like it, just put me on ignore.
Dude, you are trading option as if it is a gamble. This isn't the way to do it. I suggest you stop trading with real money for awhile, read up on option strategy, do some paper trades, until you really understand how option works.
if Apple can borrow at less than 2% interest rate than it makes sense to do it because the retired shares can save 2.4% in dividend pay out so the net cash flow will actually improve. The problem is no one can predict future business environment. If future revenues go south, it can stop dividend payment at any time but it can't stop paying bond interests unless it declares bankruptcy.
Trading is about probability. It is possible to have another 50 point run but the chances are small particularly after a pre-earning run. Right now the daily RSI is already over 71 and the weekly RSI is over 65. If the run continues for another couple of days, even with good earnings, the after earning run is even less likely. Of course you can hedge it with puts but to do a perfect hedge is expensive.
It is hard to say. There are just too many factors. If you trade short term, I suggest you don't make trades based on earning guesses. We are in a pre-earning run right now. If you are already long, it is better to take some profits before earning and watch how price moves afterwards to decide your next move. If you are thinking of getting in, it will be better wait until after earning and only get in if price breaks out.