There has been and will be no news to drive the stock since this q began not until it will end. Haven't heard anything about the uptake of iPhones on China Mobile. The bubble sales from new launches already occurred last quarter except for CM which may have limited sales due to limited 4G infrastructure. And with the expectation that the 6 will finally have a larger display, consumers are just going to delay purchases. Buying ahead of this quarters earnings report is questionable at best.
Joint venture with Apple and Solar City.
This quarter is surely going to be a dud for Aapl. China Mobile is going to have a positive effect no doubt but will it offset that Apple moved the majority of new launch sales for the other carriers way back in to the prior quarter? Also, the imac was just becoming available in Dec 2012 which resulted in higher imac sales in Jan-Mar 2013 but that is not going to happen this quarter of 2014. Plus carriers have stopped giving early upgrades after 18 months and are instead pushing 24 month financing plans. And most importantly is the rumored iphone 6 with finally a larger screen, which may start slowing sales of existing models.
He said he would hold through the earnings report and claims he shorted more im afterhours yesterday to give him a basis of $212. He's in the green despite getting his kass handed to him on the first short.
Im afraid that every soccermom in the 1% will want one to haul their kids back and forth to schoolmand go shopping. That should be good for a few 100thousand units in the US alone.
Well if he did, and his average short was $12 as he said, then he's up over $6M right now at $210.16. I dont think its going to be a winner for him unless he gets out soon.
Sounds like the Giga plant is going to be partnered with Solar City. Fulfilling the market for EV batteries and storage for solar panels. Might even develop a way to charge a Tesla with solar power generated during the day and put in home batteries to charge the Tesla when it gets home. Not sure how Apple plays into this other than possibly partnering on the Giga plant. Perhaps Apple is eyeing some tech improvement in lithium batteries through this project which can be downsized to ipads, laptops, and iphones. Plus the connection to Solar City and the possibility of a solar panel on the back of an iphone may be another reason for Apple to get involved as well as integrating their tech into the Tesla.
Is that news? Chambers is notorious for spinning every quarterly report right into the ground with his pessimism.
He was surprised that the shares went down after announcing earnings which were actually a few dollars below last year but spread over fewer shares. I guess he thinks by artificially increasing EPS with buybacks, investors won't notice the turn around in profits from growth to stagnation to decline and he's really hoping the decreasing share count will take investors eyes off all the stock options executed by the board and other employees.
Sure Aapl is up more than Goog after announcing $14B spent buying their shares but that's a one time event that cost $14B. Goog simply put the rainbow behind their name on their search site and they are getting press for supporting gay people at the Olympics. What did that cost Google? It's all the little things that Google is doing which put their name positively in the press day to day that makes Goog a PR master where Apple is a PR infant.
Actually who cares what Steve Wozniak says? He comes out once in awhile to give some opinion as to what Apple should do and uses words like "we" like he is somehow involved and connected to the current Apple. I'm a bit tired of him getting press time to give his opinion of what he thinks Apple should do. Wouldn't it be nice if Apple made a house for Steve Wozniak just the way he wanted it? Or maybe Apple should give him an honorary position as Vice-CEO with a $10M/year salary? Or maybe Apple should name the next iPhone the iWozniak? I'm sure there are all sorts of wonderful ideas that Wozniak can think of that might make him relevant to Apple again, or not.
How many shares has Cook bought since becoming CEO? I remember when Jobs bought 100,000 shares and had a salary of a dollar.
Basically says that Aapl mgmt let's analysts and media set expectations and then because Apple doesn't refute any of it, it becomes the public expectation which Apple doesn't meet over and over.
Wouldn't it be something if Apple NEVER came out with an iWatch and it was all a big ruse to get Samsung laser-focused on launching a lemon of a product while Apple was actually really working on mobile-payments? Would be great corporate disinformation strategy to be filing bologna patent applications for iWatch ideas simply to get the great thieves running the wrong direction.
Nice screen name. I think you may be right but Apple needs to move quickly before the copycats catch up and give consumers more reason to want to use an iPhone. They may be heading that way.