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Gartner says: Overall PC sales have fallen in 4th quarter 2013 by 7.5% from prior year.

Against that, Apple computer sales rose 28.5% year over year. Apple is still a distant third in overall computer sales behind HP and Dell, however.

I'd rock one!

Stop any time now!



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I'm losing a couple grand tomorrow.

Hoping for some rebound tomorrow.

???

Apple's quarterly earnings came out today after the market closed and it looks like it will be a bloodbath tomorrow when it reopens.

AAPL can only go to $1000. It is guaranteed. Every 911's ever made will sell for over $50k as well. It is guaranteed.

I hate the market

I thought the stock was going to $1000, and then the stock was going to split?

Apple died when Steve Jobs died. BTW, what makes Al Gore qualified to be a member of the Board of Directors of Apple? Wishful thinking? At least Tim Cook has some experience in the private sector.

Seriously? Al Gore was one of the first in Washington to see the potential of the Internet. Look up the Gore Bill.

Al Gore | Internet Hall of Fame

And no, Al Gore did not say he 'invented the Internet.'

Who are these "analysts" who predict a company's pass/fail status? According to news reports, the "analysts" forecasted that APPL would sell 55 million iPhones the last quarter. Unfortunately, they "only" sold 51 million units. And for that, APPL gets a fail, resulting in an overnight stock drop of $50. BTW, I didn't know NASDAQ stays open overnight. Do I need to knock on their door for insight?

I suppose the "analysts" are there to provide investment data, but it seems they end up manipulating stock prices which is good for those who, with close cooperation from the "analysts", can quickly leverage buy/sells to their advantage. The average investor? Meh.

BTW, APPL is supposedly sitting on $150B cash reserves. Another big fail :rolleyes:

Sherwood

Yes, it's odd. The 51 million units "fail" is partly due to Apple anticipating more price elasticity. The 5c was not hot and the 5s was far more in demand and production lagged.

Apple has avoided the low end of the smut-phone market, costing them sales

OTOH, if they get down in that area, they risk losing their entire brand image, besides the competition to sell a commoditized product nearly always leading to low earnings growth

yes, they have huge cash hoards - you guys can start convincing me to sell when my investment has grown by 2x to 3x

The stock market is nothing more than legalized gambling these days, and has been that way since the advent of the internet and cheap/easy internet trading. My theory is that the internet has allowed hacks like me to play the market (and lose), which benefits the institutional investors exclusively (at my expense).

Agree 100%.

Been saying that for years. I'll go as far as to call it institutionalized gambling.