- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Apple App Store net rev declined -5% Y/Y in the month of Sept, its worst decline ever
Posted on 10/4/22 at 2:19 am
Posted on 10/4/22 at 2:19 am
quote:
$AAPL: According to $MS - App Store net rev declined -5% Y/Y in the month of Sept, the worst decline in the history of the data - China weakness & Japan/US growth slowed. Sept Q Services looks to be -8% vs 11% consensus.
LINK
5
Posted on 10/4/22 at 5:17 am to rickgrimes
People spend money on apps? Lol
Posted on 10/4/22 at 6:52 am to rickgrimes
AAPL has held up better than most tech/growth stocks, but it is very expensive now, by comparison.
It’s still priced above its 5yr average on a forward earnings basis, which seems crazy in this market.
It’s still priced above its 5yr average on a forward earnings basis, which seems crazy in this market.
Posted on 10/4/22 at 6:58 am to slackster
Probably why it’s the most heavily shorted stock right now
Posted on 10/4/22 at 8:25 am to rickgrimes
They sell Apple puts too you know?
Posted on 10/4/22 at 9:04 am to AkronTiger
(no message)
This post was edited on 10/4/22 at 11:03 am
Posted on 10/4/22 at 10:14 am to rickgrimes
quote:
Services looks to be -8% vs 11% consensus.
If that's true, stock is gonna crater after earnings.
Posted on 10/4/22 at 10:29 am to j1897
quote:
If that's true, stock is gonna crater after earnings.
Yeah Apple is going to crater
Posted on 10/4/22 at 4:32 pm to Captain Crackysack
quote:
People spend money on apps? Lol
If by people, you mean teenagers, and by extension of teenagers, their parents... then yes.
Posted on 10/4/22 at 4:34 pm to rickgrimes
Welp, gonna be pain for me tomorrow
ETA - just noticed this was an old Tweet or from earlier
ETA - just noticed this was an old Tweet or from earlier
This post was edited on 10/4/22 at 4:41 pm
Posted on 10/4/22 at 7:47 pm to FLObserver
I’m a buyer when it hits $80 :rotflmao
Posted on 10/4/22 at 10:14 pm to AkronTiger
quote:
Probably why it’s the most heavily shorted stock right now
Well, let’s add some context. That is true, but only in dollar terms. The $18.4 billion short interest figure in AAPL does eclipse the $17.4 billion short interest in TSLA (the previous “record holder”). But Apple’s market cap is approximately $2.3 trillion. TSLA’s is approximately $781 billion. And the short interest in AAPL represents only .7% or so of the float. Not even close to being “the most heavily shorted stock” in percentage terms. I mean, we’re not talking about a GameStop type of squeeze on the horizon.
What is interesting is that short interest in AAPL has increased by about 2.5% over the past month or so, as the stock has pulled back with the market… after holding up relatively well during the swoons this summer. Traders find these things interesting. Long term investors just go meh.
Posted on 10/4/22 at 10:19 pm to wutangfinancial
quote:
I’m a buyer when it hits $80 :rotflmao
AAPL drops 45% and the whole market is coming with it
Posted on 10/4/22 at 11:37 pm to wutangfinancial
quote:
I’m a buyer when it hits $80
Uh yeah.
So why not sell the June23 80 put? Grab about a $1.10 in premium and you’ll snag those shares for less than 79. But hey, if Mad Vlad sets off a big firecracker, it could happen.
Posted on 10/5/22 at 6:26 am to Jag_Warrior
quote:
But hey, if Mad Vlad sets off a big firecracker, it could happen.
If that happens the world has bigger problems than Apple dropping to 80. The whole market tanks other than defense stocks and we probably going to War.
Posted on 10/5/22 at 11:12 am to FLObserver
I feel like this report is pretty massive, considering Apple's closed ecosystem (app store/services) is one of their biggest money makers
Compound that with the almost certain "slower than expected" sales of the latest devices and ...
bad quarter incoming - I'd be surprised if it wasn't (and I do not mean juxtaposed to "expectations")
Compound that with the almost certain "slower than expected" sales of the latest devices and ...
bad quarter incoming - I'd be surprised if it wasn't (and I do not mean juxtaposed to "expectations")
Posted on 10/5/22 at 7:02 pm to FLObserver
quote:
The whole market tanks other than defense stocks and we probably going to War.
anyone who isn't going deep on lockheed martin or planning to if (when) shite starts popping is a fool.
This post was edited on 10/5/22 at 7:03 pm
Posted on 10/5/22 at 8:28 pm to FLObserver
quote:
If that happens the world has bigger problems than Apple dropping to 80. The whole market tanks other than defense stocks and we probably going to War.
Right. Right. Like I told my friend’s wife when she kept asking me about the risks in T-notes, if the SHTF, our first world problems would disappear. But I’d let them come out to my place and hunt the glow-in-the-dark deer with my spare AK.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News