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Is Apple back to being Apple?

Posted on 8/13/13 at 1:40 pm
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123780 posts
Posted on 8/13/13 at 1:40 pm
quote:

FORTUNE -- Jumping on AllThingD's report that Apple (AAPL) has scheduled a special event on Sept. 10 to introduce its latest crop of iPhones -- a rumor endorsed Monday with a "Yep" from The Loop's Jim Dalrymple -- Piper Jaffray's Gene Munster has issued his predictions for Apple's 2013-2014 product line-up.

"We believe now is the time to own shares of AAPL," he wrote in a note to clients Tuesday, "given that we expect earnings will move from being down y/y in the first three quarters of 2013 to flat in the Dec-13 quarter, up 15% in Mar-14, and up 21% in Jun-14."



LINK


Aug. 13, 2013, 2:28 p.m. EDT
Carl Icahn tweets of 'large position' in Apple


Posted by C
Houston
Member since Dec 2007
27816 posts
Posted on 8/13/13 at 2:02 pm to
quote:

Carl Icahn tweets of 'large position' in Apple


I saw the big jump after Icahn tweet and wondered if this was a pump and dump situation...
Posted by Blakely Bimbo
Member since Dec 2010
1183 posts
Posted on 8/13/13 at 2:20 pm to
quote:

Is Apple back to being Apple?


This is another chapter in the continuing media saga of "Big Boy Financiers". This morning the financial channels were showing a clip from a Charlie Rose interview with Larry Ellison of Oracle. Ellison was being Ellison and said (and I am paraphrasing) that Apple without Steve Jobs goes down. He used a hand gesture to show the ups and down of Apple with and without Jobs. Ellison was talking about fluctuations and that basically Jobs was irreplaceable. At least that was my interpretation from the clip I saw.

Fast forward several hours later and Carl Icahn (who has twittered only like less than a dozen times) twitters about having a stake in Apple and he had a conversation with Tim Cook today. Icahn thinks Apple undervalued. That's the gist of the reporting.


This post was edited on 8/13/13 at 2:23 pm
Posted by Layabout
Baton Rouge
Member since Jul 2011
11082 posts
Posted on 8/13/13 at 2:20 pm to
Apple is fast becoming as ossified as Microsoft. Get out now.
Posted by LSUTOM07
Baton Rouge
Member since Dec 2011
765 posts
Posted on 8/13/13 at 2:35 pm to
quote:

Apple is fast becoming as ossified as Microsoft. Get out now.


Take a walk around LSU's campus in 2 weeks. Mac books fill cox auditorium and every other student has an iphone. This is the generation that will keep apple climbing higher.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123780 posts
Posted on 8/13/13 at 2:44 pm to
quote:

Apple is fast becoming as ossified as Microsoft. Get out now.
Nah, there's more there IMO.

But since you raised the comparison, interestingly even at 490, AAPL's PE lags MSFT's.

Hoping to nurse our current position another 10-11 mos and avoid STCG's. Uncle Sam's made beaucoup buck-a-roos off of our AAPL trades so far this year. I'm tired of that sh*t
Posted by kennypowers816
New Orleans
Member since Jan 2010
2443 posts
Posted on 8/13/13 at 2:46 pm to
I'm somewhere between the two of you.

I am part of that generation, but I don't agree that there will be consistent, stellar growth for a long time to come. I also don't think the bottom will fall out any time soon. I think they will have some decent growth and do well over the next few years and will eventually no longer be as innovative as they were and will wither away slowly.

Just my very unprofessional opinion.
Posted by SG_Geaux
1 Post
Member since Aug 2004
77929 posts
Posted on 8/13/13 at 3:36 pm to
quote:

every other student has an iphone.


Which mean every other one has an Android.

quote:

This is the generation that will keep apple climbing higher.


Android in the recent quarter had something like 80% of the market.
Posted by Zilla
Member since Jul 2005
10599 posts
Posted on 8/13/13 at 4:10 pm to
quote:

Android in the recent quarter had something like 80% of the market.


so you are saying there is a lot of room for growth for apple?
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123780 posts
Posted on 8/13/13 at 4:35 pm to
quote:

Android in the recent quarter had something like 80% of the market.
Having used both, Android suffers significantly by comparison.
Posted by reb13
Member since May 2010
10905 posts
Posted on 8/13/13 at 6:15 pm to
quote:

Android in the recent quarter had something like 80% of the market.


They also practically give them away. The biggest problem is going to be the commodization(is that a word) of the cell phone.
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 8/13/13 at 6:21 pm to
As much as i love apple, the reality is the majority of the world can't afford it. They will always be profitable but android is the future.
Posted by TROLA
BATON ROUGE
Member since Apr 2004
12294 posts
Posted on 8/13/13 at 7:00 pm to
Until they come out with something truly new, it's all window dressing to me.. The TV will be a big test for the innovation tank at Apple..
This post was edited on 8/13/13 at 7:02 pm
Posted by Cracking
Northshore
Member since Aug 2006
3431 posts
Posted on 8/13/13 at 9:06 pm to
quote:

Apple is fast becoming as ossified as Microsoft. Get out now.


Don't they have like 150 billion in liquid cash? I think they can use some of that to R&D their way out of anything. Apple is not going anywhere anytime soon.
Posted by Volvagia
Fort Worth
Member since Mar 2006
51894 posts
Posted on 8/13/13 at 9:07 pm to
quote:

Which mean every other one has an Android.


You say this as if any one company benefits from that market share.
Posted by Layabout
Baton Rouge
Member since Jul 2011
11082 posts
Posted on 8/14/13 at 12:29 am to
quote:

I think they can use some of that to R&D their way out of anything.

That spark of genius that put Apple on top didn't come from hirelings.
Posted by Blakely Bimbo
Member since Dec 2010
1183 posts
Posted on 8/14/13 at 10:44 am to
quote:

Apple is fast becoming as ossified as Microsoft. Get out now.


Not suggesting that anyone get out, but I do think that Icahn entering the stock in a VERY public way should cause concern with long term investors. Could be that this is evidence that the company is a monolith. Next few months should give one a clearer picture of where the company is headed.



Posted by Powerman
Member since Jan 2004
162194 posts
Posted on 8/14/13 at 11:04 am to
quote:


so you are saying there is a lot of room for growth for apple?


I don't know if I'd call it room for growth. The point is they've lost all that market share and there isn't anything to indicate they'll be getting it back.
Posted by C
Houston
Member since Dec 2007
27816 posts
Posted on 8/14/13 at 11:42 am to
quote:

they've lost all that market share


Can I see some facts on this? Apple has never had a large market share from what I've read in the past. Have they ever had more than 10%?
Posted by Northwestern tiger
Long Island NY
Member since Oct 2005
23483 posts
Posted on 8/14/13 at 3:14 pm to
apple at 500 made me feel a little bit better about selling FB at 24$ before it hit the 40$ mark and buying apple

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