Honestly, if qihu can get out of this JV with decent payout, that will be the best news. The margins on these are not good and getting worse.
They are better of buying back these dirt cheap shares using that cash.
So apple is able to manage supply better this year. And why should they give sales numbers and feed into ever sleazy analyst community so that they can manipulate market and stock even more?
Why these analysts still exist is one of the mysteries of life.
Their records are worse than dart throwing monkeys and far worse than weathermen.
Forget about Apple watch, I dont like it and think Apple would have been better without it (because of bad rep, AAPL carries a discount)
when china stabilizes and US markets get over Fed (in a few days they raise or not, does not matter), this stock will approach 52 week high (again IF markets behave)
A lot of IFs, but if there is stock with potential, this is the one.
Up whopping 7 cents PM after more positive news
How will leasing program impact revenue in the short run?
For example, If I am a potential iphone buyer, instead of paying carrier/apple $800 (whether you buy unlocked phone or a deal from carrier, Apple recognizes $800 as immediate revenue), I am going to be paying $40 instead. So instead of recognizing $800 as revenue, Apple will be able to recognize only $40 in the first month or 120 per quarter. Granted there will be a lot more buyers, but will there be enough buyers to make up the huge revenue differential in the short term? Long term it will all normalize.
Any accounting experts?