Is AAPL dead?
 

I bought some AAPL stock for my kids education accounts.

Its a pretty sizable holding and I bought at around $615.

I realize they have hit a bump in the road right now...but looking out 5-8 years, do they have the momentum to return?

The P/E and their revenue growth are still fairly good.

Are they out of really good ideas and moving into a "maturity" phase where revenue growth cools for the long run?

I was at an apple store the other day and there was this couple standing waiting to be helped. The guy got really pissed off and said "how long do I have to wait to spend 2 grand" they eventually just walked out. I would guess 99% of the people in the store were just playing with no intentions to buy. I just wanted a Thunderbolt to Firewire adapter. The employee said to me "there is no such thing. they are kind of different technology's" with a tone in her voice that said GTFO you idiot. There is such a thing and I found it hanging on the wall all by myself.

This is why I think Apple is screwed for the future. Kinda sad because I like Apple.

i don't listen to analysts. i listen to the fanboy consumers. as long as people line up 3 days before iPhone X is released, AAPL will still be a good buy :)

apple has always been a bit over valued, over the last couple years I think a lot of investors saw it as one of few safe positions to be in, now with the economy coming back there are other options. I have not traded apple in several years, but I still follow it closely as it carries a lot of weight in the market, but I would not bet against it.

Cover yourself and buy a bit of RIMM;)

One word: Samsung

Is Apple cutting back?

Bad Apple? Company sees slumping iPhone sales, report says | Fox News

I'm seeing a lot of Samsungs lately. People rave about them.

I returned my black friday samsung tv it got extra flashing lines in under 30 days

the next never the current or the former hot stock

and apple ain't really the most valuable

just like porsche was hot then not then no longer [grabbed by vw]

apple may bounce but the rocket ride is so over

I hear Novell is making a big come back :D

Samsung can suck my dick. Eventually, someone will take apples place but Samsung can straight up blow me. I am installing one of their switches right now and it's the biggest hunk of **** I've ever had to work on. Shame nortel is gone.

Apple jumped the shark IMHO.

When's the last time you have seen someone in your cafeteria pull out the latest Apple gadget and everyone going:

The last I remember was the Ipad2 and the 4s phone (but only to mess with Siri). The Iphone5 and the other pads coming out recently just got a Zzzzzz. And the need to get them seems to have diminished too - no new functions that are "must-haves". The phones have become more of a commodity and it is easy for a company like Samsung to catch up.

Any company in the world and in history hasn't held the #1 spot forever. Unfortunately in tech, companies rise and falls have been accelerated over what used to be decades in traditional businesses. Re-inventing yourself isn't easy, if you have to do it every couple of years. If you have to do it on a falling stock price (good luck attracting the best and the brightest to join!), even worse.

That's my two cents.

And not to be a smartazz but investing large portions of your college money into a single stock is something I wold not recommend. Diversification may only get you average returns, but there will be no stings on the lower end either ...

G

Well, I've been buying it, so that's pretty much the death knell for the company.

fwiw...

Buy Apple On January 18 - Seeking Alpha

I feel your pain... :D


http://forums.pelicanparts.com/uploa...1358308844.jpg

You bought a samsung switch (pretty sure it's Huawei) and you are complaining. Really? Cisco, Juniper, Brocade in that order. I would laugh at you in your face for buying samsung for IT gear and then complaining about it. :rolleyes:

Not sure what your definition of a switch is but mine is 12 bays worth of equipment 23 inches wide and 7 feet tall and cost millions of dollars (glad I dont have to pay for it). And I hope you do laugh it up. You are not the person who has to work on it. so yeah man, laugh it up. And samsung can still blow me. cisco / juniper dont make this kind of switch. I recently had to install some cisco gear. 9000 series routers. They put these shelves in the top of the bay you have to lug power to them and then lug power off the equipment to the opposite side of the power shelf. I called Cisco and asked why cant I just tap down from the 2/0 I had run in directly to their 6awg. They gave me some BS answer about it would void the warranty. So Cisco can blow me as well.

AAPL stock is pretty dissapointing right now. If you have a 5-8 year horizon, you are probably going to make money. The company still has a huge profit margin and a ton of cash. The cuts in parts orders for the iphone 5 is very dissapointing. The Android OS is definitely taking a bite out of the apple. But these are short term items.

I'm out of the game now, but my last gig was a large Cisco shop. I've also been brought into Wellfleet (later Baynetworks, then Nortel) for design consultation years ago, so I can feel your pain...no comparison imo :D


AAPL is still up 25% from where it was one year ago, and has simply corrected back to more reasonable levels imo. Not dead by a long shot...but the "party is over" ...YMMV.

They need an iOS UI refresh pretty badly in my opinion. Aigel is right about the missing "oohs" and "aahs"

I played with the Slate for a few moments. Not long enough to determine if it's a valuable / usable device. But long enough to be amused by the interface (in a good way). That is the kind of thing someone at lunch would look over, see you messing with, and say "What's that? Let me try".

Apple CAN rev it. WILL they rev it in a big way?

I have an aversion to expensive stocks such as Apple and Warren Buffett's. Why?I think it is because cheaper stocks are easier to buy as you need less $$$ and there is less downside. Tantamount to buying a used Porsche versus a new one. I don't like buying super cheap stocks either.

Of course now I have said that I expect Buffett's stock and Apple to go up.That is why I like mutual funds more even though their fees are high. The managers of mutual funds are more likely to be right than me.:):)It is always interesting to see what the holdings are in the various mutual funds though.......:):)

Ha yeah I have been thinking the same thing.

On relative terms versus buying the S&P Apple is looking awfully cheap.

Apple:
Forward P/E = 8.8 (Yahoo Finance)
Forecasted Growth = 10.44% (Nasdaq website)

S&P 500:
Forward P/E = 13
Forecast Growth = 6.8%
The S&P numbers came from this factset report dated 1/11/13: http://www.factset.com/websitefiles/PDFs/earningsinsight/earningsinsight_1.11.13

But anytime I start to use logic like that I get myself in trouble.

I've owned both BRKB (before the split) and AAPL (don't hold either now), and the actual stock price has nothing to do with "expensive". I used low overhead mutual funds for 20 years before deciding to become more "hands on" with my decisions about 10 years ago. It's not for everyone however...but I'm glad I did.

Just a thought, but its only been a little over a year since Steve Jobs died. Anytime you lose an iconic figurehead from a corporation there is a little bit of concern in the market and that may be why the stock has gone down.

Most people associated Apple with Steve Jobs. He brought Apple back from the brink, and some may not see much future without his guidance. Maybe if they could convince Woz to take some position at Apple the average consumer would see this as a link to the past and see someone they know with a vision for the future of the company. If you have followed Woz recently, he does have some opinions on the future of the company.

Just a thought.

Investors are used to blockbuster hits with every new Apple product intro. Difficult to sustain, even for Apple.

And when it isn't God's gift or a map app goes errant (NG), they lose interest and think AAPL is a failure and sell. Well, maybe 10 pt. jumps every week are no longer the case, but I think they're still solid.

Sherwood
(got some APPL)

How are you feeling now? Did you hold the stock? If so you're at 142% plus dividends.