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re: Time to sell or short Apple IMO

Posted on 8/24/15 at 5:17 pm to
Posted by CajunTiger92
Member since Dec 2007
2821 posts
Posted on 8/24/15 at 5:17 pm to
Facebook is a real company with real earnings. They sell ads like the networks only they have over a billion viewers. And those billion viewers are freely giving Facebook all kinds of useful data.
Posted by BarberitosDawg
Lee County Florida across causeway
Member since Oct 2013
9914 posts
Posted on 8/26/15 at 10:49 am to
UPDATE: Bearish 'death cross' set to appear in Apple's stock chart.....


quote:

Apple Inc.'s stock (AAPL) is on track to open Wednesday with a hanging over it for the first time since December 2012. The 50-day moving average is set to open at $121.2497 on Tuesday, according to FactSet, crossing below the 200-day moving average, which is at $121.5105. Many chart watchers view a "death cross" as marking the point where a short-term decline turns into a long-term downtrend. Apple's stock has lost 22% since closing at its Feb. 23 record of $133 through Tuesday's close. It was rising 2.2% in premarket trade Wednesday. Some might view the current death cross as especially poignant, because when it occurred. When the last "death cross" appeared on Dec. 7, 2012, the 200-day moving average was still ticking higher. The last time it appeared as the 200-day was declining was Sept. 23, 2008, when the stock closed at $18.12 on a split-adjusted basis. The stock didn't bottom until Jan. 20, 2009 at $11.17, a decline of 38%.


fuuuuukkkk
Posted by windshieldman
Member since Nov 2012
12818 posts
Posted on 1/6/16 at 9:10 am to
Well, I was one that didn't see this happening like OP did. Wonder how long it would take APPL to go back up to say 130s.
Posted by STLhog
Nashville, TN
Member since Jan 2015
17718 posts
Posted on 1/6/16 at 9:44 am to
Going to look and buy more down here. Anyone see much more downside?

Just can't see it going lower than that 90 when the market freaked out last year...
Posted by LSU1018
Baton Rouge
Member since Feb 2007
7218 posts
Posted on 1/6/16 at 10:08 am to
I had bought it when it hit 100 last time and sold it at 110 less than a month later. I may try to do the same again.
Posted by AUCE05
Member since Dec 2009
42560 posts
Posted on 1/6/16 at 10:22 am to
The problem with Apple is their product is too expensive for the causal user when other similar options are available, for almost half the price. They need to adjust their iPhone prices to regain some of the market.
Posted by TigerDeBaiter
Member since Dec 2010
10262 posts
Posted on 1/6/16 at 10:52 am to
quote:

APPL to go back up to say 130s.


Too long for me. Unless, they sell off to about $75.

They are not innovative anymore. The need for the latest iPhone is definitely wearing off. Any phone for that matter, I think weave reached critical mass. The rest of their business has always been meh, with the exception of the iPad - but that's the same story as the iPhone.

Until they innovate in a new space - TV or auto, I don't see them moving the needle much. Only one person in my entire extended family (and close friends) got anapple product this year for Christmas, let alone asked for one. That was not the case in years past. Yes, I know, that's only anecdotal.
Posted by LSU1018
Baton Rouge
Member since Feb 2007
7218 posts
Posted on 1/6/16 at 10:52 am to
The iPhone is priced very similar to the Samsung which I would consider to be the biggest selling android.
Posted by AUCE05
Member since Dec 2009
42560 posts
Posted on 1/6/16 at 11:38 am to
The Nexus 5x is $379 new, and has the same functions.
Posted by Jag_Warrior
Virginia
Member since May 2015
4086 posts
Posted on 1/6/16 at 12:22 pm to
quote:

The problem with Apple is their product is too expensive for the causal user when other similar options are available, for almost half the price. They need to adjust their iPhone prices to regain some of the market.


That would deteriorate margins, which would lead to an even lower stock price, IMO.

What Timmy Cook needs to do is get his team focused on developing more innovations across all the product lines (which actually work THE FIRST TIME!). Selling premium/innovative products at premium prices is what Apple has always been about. Discounting the same old same old would be a sign that the company's days of innovation are behind it.

I dumped a trading position at $117 for a decent profit and had a GTC sell order in to dump a third of my (long held) core position at $125. But it never got there. I see Cook as a very good bean counter and financial engineer. But I've seen nothing to indicate that he has his finger on the pulse of innovation. Developing a big screen 6 series phone (that the market had been screaming for for years) didn't exactly take a genius. The watch flop, the jumbo iPad, the quality issues that keep creeping up, the lack of a TV deal (after how many tries?!), overpaying for Beats (IMO), playing with the idea of building a car (about as far from Apple's core as I can imagine)... yeah, I'm just not a fan of Mr. Cook.

As long as they don't hire Marissa Mayer, I'd be happy to see the back of Tim Cook's head, as he exited Apple. Elon Musk FTW!
This post was edited on 1/6/16 at 12:24 pm
Posted by LSU1018
Baton Rouge
Member since Feb 2007
7218 posts
Posted on 1/6/16 at 1:22 pm to
quote:

The Nexus 5x is $379 new, and has the same functions.


Okay so you can name one phone that I bet less than 10% of smart phone users use. I would be shocked if the LG and Samsung don't have better sells than the nexus. I'm not saying that the nexus isn't a good phone at a good price but to think that this is hurting Apple stock price, I disagree.
Posted by Omada
Member since Jun 2015
695 posts
Posted on 1/6/16 at 6:44 pm to
quote:

The rest of their business has always been meh, with the exception of the iPad - but that's the same story as the iPhone.
The iPad is actually one of their worst products as far as sales go. The sales are tiny, and have been decreasing for years. It awkwardly sits between a smartphone and a laptop- too big and expensive to be one, too dumbed down to be the other. Besides the iPhone, computers and laptops are the only other decent Apple product out there. Everything else is a flop for them.

The watch, Apple Pay, and talks of an Apple car have me thinking that Apple is diworsifying, in the words of Peter Lynch. They'll flop with the car, and once they cut all ties from it, Apple will be a good purchase again - assuming, of course, that they'll don't have any other silly products at that time.
Posted by Dodd
Member since Oct 2003
21048 posts
Posted on 1/6/16 at 10:34 pm to
Apple is just too quiet right now. They are too smart...something is brewing. I hope they announce a technology deal with major automakers. The stuff out now is dinosaur
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
67833 posts
Posted on 1/7/16 at 5:37 am to
Apple just gave their CEO a big raise, so they must be OK.


quote:

Cook, who took the helm of the gadget maker in 2011 following the death of founder Steve Jobs, received total pay of $10.3 million in fiscal 2015 ended on September 26, according to a regulatory filing Wednesday. That's a 11.5% raise from fiscal 2014 and a 141.8% raise from fiscal 2013.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123887 posts
Posted on 1/7/16 at 7:05 am to
quote:

Unless, they sell off to about $75.
P/E at $75 would about 7.14 with a PEG around 0.65.
Compares with NASDAQ100 PE at 23 and DJI at 16.
So yeah, I'd say $75 would be a buy.
Posted by TigerDeBaiter
Member since Dec 2010
10262 posts
Posted on 1/7/16 at 9:17 am to
That's also assuming they meet projections.
Posted by Tiger n Miami AU83
Miami
Member since Oct 2007
45656 posts
Posted on 1/9/16 at 7:35 am to
Update time as we are now at $98 a share.

LINK

quote:

Where the stock is going hinges on iPhone sales


quote:

Apple shares are tanking this week because of a report in Japan's Nikkei newspaper that Apple plans to slash its output of iPhone 6S and iPhone 6S Plus by 30%.


quote:

"Given its huge reliance on excessively profitable iPhones, Apple, we believe, is bound to enter a phase of diminishing investment returns," said Per Lindberg, an analyst for ABG Sundal Collier, who predicts the stock will fall to $65.


All of the above sound familiar?

From OP:

quote:

1. Iphone is most of their revenue right now. Samsung releases what is essentially a clone and HTC One M9 is comparable. Yes I understand that people like to stick with Apple or Android, but I think I-phone sales will suffer some now.


Yup.
Posted by kirbydawg
Dalton
Member since Dec 2015
1152 posts
Posted on 1/9/16 at 8:05 am to
quote:

Apple is just too quiet right now. They are too smart...something is brewing. I hope they announce a technology deal with major automakers. The stuff out now is dinosaur


This would be awesome.
Posted by Sho Nuff
Oahu
Member since Feb 2009
11914 posts
Posted on 8/22/20 at 9:55 pm to


I've bumped this thread a couple times now over the years, because I just can't help it. There were a few threads where people were saying to SELL SELL SELL!

In one of those threads I said it wouldn't surprise me if Apple went to $1,000 a share post 7:1 split and I was laughed out. Halfway there
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 8/22/20 at 10:53 pm to
quote:

There were a few threads where people were saying to SELL SELL SELL!


After reading this board for 12 years it seems like if someone is coming here looking for a investment strategy they could do pretty well by getting the board’s consensus on a stock, and just do the opposite.
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