Ah, the logic. It's fine for you to tell me to take a hike and call me "shorty," but how dare I call you a pumper. Fits the bill exactly. Thanks again.
All these comments from longs are so generic. "Buy when people are fearful...", "It will rebound...", "One time issue..." All a bunch of BS and when you look at any stock that turned out to be a scam there were multiple people all making the same generic comments. Good companies execute. Bad ones, or scams, do not.
What's next? "Back the truck up?" The more I look at it the more it looks like a pump and dump or some combination of skimming and horrible management. Neither is good for a shareholder.
In all reality if you don't meet your targets and demand is exceeding capacity management is either incompetent or something is rotten in Denmark. For example, Apple can't meet demand, but they still exceeded their targets. This sounds like a bunch of #$%$ excuses any number or scams have used.
Good luck just don't be surprised when each quarter has another excuse, but they keep managing to issue more shares.
You sound like a shill, and DDD fits the pattern of every scam out there. Issue shares all the time, buy companies for inflated amounts, make excuses for failing to execute. Should be in the low teens by this time next year.
Yes, if they were hitting their targets not being able to meet demand might be a good sign. When you can't meet targets it's either incompetence or something else is going on.
Issue a lot of stock all the time regardless of what it does to share price, overpay for acquisitions to hide where the money is going, make excuses for why the company can't execute. Not saying it's a complete fraud, but having gotten way too familiar with the pattern form all the Chinese reverse mergers this one certainly fits the pattern and is sending up all the red flags any investor should need.
When is good news coming that will cause them to cover? If I cared I would be wondering where all the money is going from the stock offerings they have. Are the overpaying for acquisitions to line their pockets with kickbacks? Not worth the trouble to figure out, but companies that can't execute are ones to avoid.
Excuses are like a$$h...s we all have them and they stink. This company is constantly issuing new stock and buying companies, but they can't seem to translate that into the bottom line. Not saying it's a scam, but poorly run companies, and ones with internal accounting issues where money just seems to disappear never manage to meet expectations.
What try? that is the basis for my question. There are 580 million fewer shares outstanding (split adjusted going back to 2012), margins are better and revenue is better so why is EPS up such a small amount once you factor out the reduced share count? Something is wrong unless they spent a lot of money on acquisitions and R&D.
Judging from the response I'm guessing you aren't bright enough to answer the question.
Seems strange because revenue is growing, but 6 billion shares now, without buybacks there would be 6.58 billion. The numbers on the phone are great, but considering the decreased shares in circulation these EPS numbers aren't much better than 2012. Margins are actually better than 2012 so what can you read into that? More money on acquisitions?
Too low to stay this way...the clarion call of the uninformed and misguided. Until it is a 0 it isn't too low to fall further.
Go back and read Cook's statments from March of 2013 promising great new products all across 2014 and you will really be worried. So instead of new products he's buying back shares like crazy to keep the share price up. The guy is nothing but a liar. I've owned the stock for a while, but it's hard to see it going much higher from here since nothing new is coming out. What will the watch add? 1% to the bottom line? 2% if they are really lucky? And that's it since the iPad five years ago? They really need China to continue to grow like crazy otherwise where is the growth going to come from? Good luck with it.
IMO you are out of your mind, but assuming you aren't 1.6 billion in sales is right around 1% of the company's current revenue. And this is the "big" new product release of the last five years?
And the iPad accounts for what? 20% of the company's revenue and continuing to decline? Apple is the iPhone and as it goes so goes the company, but there's a reason EPS would be lower than two years ago if they hadn't bought back close to 50 billion dollars in shares.
Make no mistake a monkey could have accomplished what Cook has. He took over a wildly successful company and is basically hoping that success will continue without actually doing anything.
Apple's like Rome basking in their greatness while it crumbles from within. Lets see if their one real product, the iPhone, can do anything except maintain the status quo for another year or so. Apparently it doesn't bother you that Cook makes promises then doesn't deliver, but I guess that is par for the course...accountability is dead.
It took years to figure out they needed a phone with a bigger screen and to offer different colors. Those are not positives no matter how you want to slice it.
As a follow up to the iPad this is a joke. And lets face it, the iPad is basically a slimmer laptop so it's not exactly a huge innovation so it's going on 9 years since the one great product Apple has ever come out with.
One trick pony. Cook better get the check book out to buyback more shares.