Apple stock

Discussion in 'Blazers OT Forum' started by Draco, Dec 14, 2012.

  1. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    I have a laptop. It's not retina though. It's plenty good enough that I don't feel compelled to replace it, even though there are newer models. In fact, I think the newer models would be a step down in some ways - I have an SSD and a 750G HD internal to my laptop (HD replaced the DVD drive). I don't think you can do that with the newer ones. The CPU is plenty fast. The screen resolution (15") is plenty good.

    They have to innovate a LOT to sell me a new one.

    Same for my iMac.

    Apple TV was $99. When they came out with full 1080P version, it was worth the $99 to upgrade. Unless they add significant new features, I don't see a reason to upgrade again.

    My iPhone 4 is plenty good enough. The network is slow, 3G, but I'm really happy to have any network at all and for all the functionality. I'm grandfathered in for unlimited bandwidth, too, which I don't want to give up to have a bigger screen or whatever.

    They sold me $24.95 a year for iCloud and iTunes Match. They can probably sell me quite a few more services like that. I haven't heard any rumors about anything interesting in the works though.

    iOS? They fired the guy that made it great. Maybe the new guy is good, too, but from what I've read, he wants to change a lot of the look and feel. That the apps look like real world things is so agreeable to me, though. I'm open to it being good, but I'm also underwhelmed by even the upgrade from iOS5 to 6 wasn't that huge. In fact, software updates are so frequent, I'm getting really bored with them, though I realize the upgrades to the software are likely beneficial.

    I think Jobs was a rare breed of CEO. He was an engineer with knowledge of every detail of computing devices. He knew about user interfaces. He realized that battery life was important to stress. He was good with the finances, too. The new guy seems only good with the finances, for which the product lines seem to have become predictable and boring but good for the finances.

    Realize that before the iPad, it was a dubious prospect that tablet computing would ever be worthwhile. As near as I can tell, the one man drove the product and built a whole industry around it.

    There was a point where it looked to me like Apple was able to go head to head with Google in a battle of titans for control of the direction of technology. I'm not at all sure anymore.
     
  2. blazerboy30

    blazerboy30 Well-Known Member

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    Everything you just listed is just an upgrade on an existing product. Not new innovation.

    It appears the market disagrees with you pretty strongly, at this point.
     
  3. BlazerCaravan

    BlazerCaravan Hug a Bigot... to Death

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    Do you people even know why the stock is down the last two days?
     
  4. BlazerCaravan

    BlazerCaravan Hug a Bigot... to Death

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    No shit Sherlock. That's what the tock means. Christ you people know nothing about tech do you?
     
  5. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Wouldn't "tock" be iPhone 5 + mini iPad + retina MacBook + super thin iMac?

    Seems like tock tock tock.
     
  6. magnifier661

    magnifier661 B-A-N-A-N-A-S!

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    Yes. They are all just updates or upgrades of existing products.
     
  7. blazerboy30

    blazerboy30 Well-Known Member

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    Exactly my point. There haven't been any "ticks". But since you know everything about tech there should have been some in the last couple years or this year.

    Perhaps you can come down here to silicon valley and teach me all about tech?

    Judging by how pissy you're getting, it appears you're long aapl stock. You should probably learn about stock selection instead of hoping that retina displays will save your ass.
     
  8. magnifier661

    magnifier661 B-A-N-A-N-A-S!

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    This is actually a really good time to buy apple. It's been abused; yet the PE is awesome! The drop is mainly an emotionally driven one. Wait until the hedge funds start buying back what they sold off.
     
  9. BlazerCaravan

    BlazerCaravan Hug a Bigot... to Death

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    I own zero shares (sold after they split, so yes I know very little about stock selection). I'm pissy for other reasons. I know a lot about tech, though.
     
    Last edited: Apr 18, 2013
  10. blazerboy30

    blazerboy30 Well-Known Member

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    Then perhaps you're missing the skills needed to align tech knowledge with business and profit success.

    I'm surrounded by thousands and thousands of the former type here in SV. They're a dime a dozen.
     
  11. blazerboy30

    blazerboy30 Well-Known Member

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    Many people were saying this at $600, at $550, $500, etc, etc.
     
  12. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Apple's book value is ~$135/share.
     
  13. magnifier661

    magnifier661 B-A-N-A-N-A-S!

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    Absolutely true. But the numbers don't lie. Are you saying that it's not being sold off?
     
  14. magnifier661

    magnifier661 B-A-N-A-N-A-S!

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  15. blazerboy30

    blazerboy30 Well-Known Member

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    Obviously it's being sold off. You're saying it's a buy. If people had listened to that reasoning months ago, they'd be down 40%.
     
  16. magnifier661

    magnifier661 B-A-N-A-N-A-S!

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    I never said it was a buy 4 months ago. I had a feeling the hedge funds were going to take their profits. I think most the sell off is done. The company is worth around $500 a share according to the financials.
     
  17. BlazerCaravan

    BlazerCaravan Hug a Bigot... to Death

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    Conspiracy theory is that Apple itself is trying to lower the value so they can go private easier.
     
  18. BlazerCaravan

    BlazerCaravan Hug a Bigot... to Death

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    Just sayin'... I'm apparently not a total idiot.
     
  19. BlazerCaravan

    BlazerCaravan Hug a Bigot... to Death

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    And again. Yeah nothing I'm saying is amazing, but come on blazerboy.
     
  20. magnifier661

    magnifier661 B-A-N-A-N-A-S!

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