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re: AAPL getting crunched this morning, down almost 6%

Posted on 9/11/13 at 1:54 pm to
Posted by Cmlsu5618
Destin, FL
Member since Sep 2010
3763 posts
Posted on 9/11/13 at 1:54 pm to
quote:

He also seems to have suddenly stopped posting. Did something happen that I don't know about that has led people to start making fun of him?

Yeah. He seemed to post daily, and I haven't seen him for a week or two.




But back to AAPL.

WTF?

I don't think they have released all planned projects. I guess investors didn't feel there was anything innovative/groundbreaking just yet with the phone (I know the media is primarily focused on pricing).

...but the fingerprint recognition is just TOO FREAKIN COOL.

This post was edited on 9/11/13 at 1:59 pm
Posted by Cracking
Northshore
Member since Aug 2006
3432 posts
Posted on 9/12/13 at 12:19 am to
My opinion of appl (I'm a big fan):

Apple is looking into expansion on two fronts.

First is the china deal. Introduction to the largest provider in the world and the $99 5c with a contract will grow their international sales without creating a bad rep for a poor quality phone. People in China seem to love US "style" and entertainment. This could backfire, but i see it creating a huge surge of sales.

Second, the mobile/online transaction and business community should salivate at the new biometric fingerprint security. Apple has always been rumored to be behind in the business/financial share of the mobile market due to security, but now they have what can be viewed as the most secure form of transactions if the fingerprint thing is mostly functional the way it's being received.

So apple gets grief for a "lack of innovation" but they continue their success. People complain of the closed system and the diminishing market share, but they continue to create quality phones/products and find ways to impress. People predicting their imminent demise remind me of those predicting a Wall Street crash, one day it'll probably happen, but with as much cash and following as they have, it probably won't be a result of anything outside of some unimaginable tech replacing their appearance as the "it" company or some huge mistake.

I predict appl to reach 530 or 540 by November.
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