Some (many) people love to hate apple.

Another article, which is worth exactly what you paid for. :-)

Apple gives weak forecast, shares fall nearly 7 percent

"BENGALURU/SAN FRANCISCO (Reuters) - Apple Inc <AAPL.O> shares slumped nearly 7 percent in after-hours trading as its fourth-quarter revenue forecast fell short of estimates and it missed some targets for iPhone sales."

Hard to know how the watch is doing, as it's rolled into 'other products,' but I saw some analyst tweezed out an estimate of $952 million for the first few months of sales. The watch appears to be a pent-up demand item with strong initial sales rate, falling off to maybe 3000 units a day. But it's all speculative.

Disclaimer: I went in to see the watch as soon as it was stocked in the store and found it irresistible, so I am a happy owner.

Hell freezes over:

"A year after teaming up with Apple on an enterprise partnership to push iOS devices and apps for business users, IBM is moving forward with plans to rapidly move its own employees onto Apple's platforms"

Anecdotally, IBM is looking at buying 150-200,000 MacBooks.

Wow, never would have thought something like this could happen!

Wow, Bill!!!

This just in: Dogs and cats, living in perfect harmony. Film at 11.

Wow is right....just saw this thread had updated searching for something else. This could be a big game changer as until recently Apple has been virtually invisible in the corporate IT world and their lucrative budgets.

Is harmony in politics next :p?

<iframe width="560" height="315" src="https://www.youtube.com/embed/bDG0cv9_z-s" frameborder="0" allowfullscreen></iframe>

annually...

New Apple TV in September....

Actually Apple has been anything but invisible in the corporate IT world. 92-98% of the Fortune 500 use Apple devices. To me, the big story was IBM initiating a significant purchase. Its not as if those are the only MacBooks IBM will ever buy... just the first wave. From a security standpoint, OSX makes a lot of sense.

Sorry TW, but I believe that statistic is a bit misleading (and that's a good thing for Apple) as I would bet the % of actual devices (outside of tablets and phones) would be less than 1%. I lived in the corporate IT world before retireing 7 years ago. Saw exactly 1 Apple device on my networks during my tenure with IBM, two megabanks and another F500, and would still be w/ HP (a once glorious company) had I not said "adios". Just my perspective and .02 worth....but I "might" be a dinosaur by now too :D

If you mean that in 92-98% of the Fortune 500 companies, some people have iPhones, then maybe.

"use Apple devices"??? What a BS misleading statistic. So one person in the entire Fortune 500 company uses any Apple product and they can claim that company "uses Apple devices"


Riiiiiight:rolleyes:

So much wishful thinking.

Reality is that Apple is in the corporate world...

Forrester: Apple increases penetration in corporate market potentially worth $19B in 2012 | 9to5Mac

actually IBM has been using Apples for a while - my last MacBook Pro and iPad were both purchased from IBM's reconditioned store - where their employee's old tech gets refurbished and then resold to other IBM employees (or their friends). Latest buy - MacBook Pro - quad core i7, 750 gb drive, 16 gb memory 15.4", 18 months old - under $700 - guaranteed for a year. It's good to know IBM employees... smile

Hmmmm... time to get back in?

yes!!!:)

Traditionally, the developers conference has provided a bump. I think that won't happen this year. Having said that, AAPL is on sale at the moment. Good time to pick some (more) up.

So is that letter supposed to be to Jim Cramer?

http://www.zerohedge.com/news/2015-08-24/did-tim-cook-violate-regulation-fair-disclosure-emailing-jim-cramer-save-aapl-stock-

For some real quality entertainment, read the comments at the bottom of the page.

Buy. It is on sale today.

AAPL now $95.
Right back to 2012 levels.

and $40 above 2013 levels...whats your point?

Kind of interesting. I was reading about the drop in AAPL shares and thought of this thread. It's making me think of buying some shares.

It's also $38 below its high last summer. The point is not trying to catch a falling knife.

It's a hard ware company with one product.

Wow. I am surprised there are people still buying apple stock. What is the expectation on this one? I see it now as a Microsoft. No imagination or innovation. The iphone 5 & 6 were disappointments. The iwatch is also a disappointment in term of how long it took and how much it cost.

Innovation/growth was the driver for the sky high stock price. Now, aapl is just another company cranking out a commodity (a good one but still a commodity). Albeit, it sits on a pile of cash. It is still just a company that seemed to be on the downslide like Microsoft.

I dont call it the "downside" but I agree with your opinion. Its a commodity seller at this point. Low margins high volume. If you think you're going to see the price appreciation of the past decade my opinion is you wont. Look how the implied volatility in the options has contracted over the last 18 months.

Stock price aside, the iPhone is anything but a low margin commodity.

Apple profit margins are 40-45%. That's insanely high.

I would agree that Apple has become a one trick pony, but there is still plenty of upside for the iPhone. I've personally bought 5-6 of them over the years. They are currently at 1 billion sold, so I see plenty of opportunity for them to double that figure.

They do need to come up with another game changer, for sure.

on New Years day there was $1, 671.00 per second spent in the Apple App Store...

fair enough.... shrinking margins

Maybe an optimistic (or pessimistic) status report. The comparison with Microsoft is interesting but a little premature. Will see what happens this year with Apple products.

Sherwood

So....

"No Brainer" - Carl Icahn Dumps Entire Stake Of AAPL | Zero Hedge

Could be a good time for Icahn to jump back in and pick up some stock at a discount..... or not.

Sherwood