Apple's stock gets demolished following earnings

"Continue to focus on innovation?"

Apple hasn't innovated since the iPad came out. They've just been putting new bells and whistles on the same old products for several years.

They've already lost nearly half of their market capitalization in one year. Prospects for this year are looking bleak. Their stockholders have been just as clueless as the fanboys for years, and they're paying the price.

This article has it all wrong. The shareholder beating began when Apple started advertising the alarm clock as the most prized feature of their iPhone 5 in TV ads, legit.

You hear that?


That is the sound of the worlds tiniest violin playing.

So it begins...

Jeez. They were almost spot on for all of their estimates. Are estimates always supposed to be low-balled and so falling under is really bad? Seems like a large fall for seemingly close figures.

Apple actually wants this to happen. For years they'e been taking about a stock buy back. They can't do that with the prices so high. So they hoard billions in cash and a manipulate the system to force the stock prices and company value down.
Sounds like a conspiracy because it is Apple is so evil they can no longer hide it. They're bringing in billions and setting records and the stock falls? Just wait you'll soon see the buy back they may even take the company privet.

The buy back theory is an interesting one, but I doubt they would take it off public trade; there's just too much $ to be made in it so if nothing else they would seek a higher majority share to screw out investors that way, but pull out completely; likely not.

LoL...the stock is still inflated...this is just an adjustment as some people realize the company won't demolish expectations every quarter.

This is what you get when you trade on a high value high spec image without backing it up with actual hardware which fits that image.

Sneering at the competition and talking the talk with nothing to properly back it up will always fail eventually.

Anyone looking at spec/cost can easily see why Samsung are walking away with it - and most recently with LG, and Motorola, Nokia and even Sony now offering better.

Tablets once looked like the next big thing for Apple (and it is true they did well with iPad for a while) but the Android devices are fast eroding that.
Again it's the inevitable result of far too high prices offering little in return when others offer a much better deal.

They brought this on themselves.

Originally posted by Interestx:

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This is what you get when you trade on a high value high spec image without backing it up with actual hardware which fits that image.

Sneering at the competition and talking the talk with nothing to properly back it up will always fail eventually.

Anyone looking at spec/cost can easily see why Samsung are walking away with it - and most recently with LG, and Motorola, Nokia and even Sony now offering better.

Tablets once looked like the next big thing for Apple (and it is true they did well with iPad for a while) but the Android devices are fast eroding that.
Again it's the inevitable result of far too high prices offering little in return when others offer a much better deal.

They brought this on themselves.

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While I agree that samsung, htc, nokia, and allegedly LG offer better products. I will say that there's no tablet that comes close to the iPad's intuitive ecosystem and ALSO yields the same amount of profit. The nexus line is a great line for consumers and Google because they gain more marketshare but what company is in the business of selling their tablet and phone at cost or for a few pennies on the dollar. OEMS, especially LG, are doing this just to get consumers loyalty to their brand. I have an LG nexus 4 and with JB, I could possibly try to trust LG with a phone for 2 years, when before I would never conceive of such a notion in the first place. But the bright side is that low cost tablets are bringing costs of the iDevices down gradually.

Personally, Apple Vs. Android debate aside, I believe that the shine is starting to wear off of the Apple in the public's eye.
Perception used to be that Apple could do no wrong and would continue to grow and grow and grow, but I don't think that is still the case. Clearly Apple has some chinks in it's armor.
And I think that is the cause of the downfall. Not really that their value is dropping but rather, they are no longer seen as infallible so the market will correct to a much more realistic price.

They have lost what focus they had on innovation. Now they are in the market the next gadget with mediocre improvements just to charge a premium so we can make more money off suckers that think the Apple logo is magical. I am on my 3rd iPhone and while I was impressed with my first one (model 3G) the product has become stale and I only have stuck with it because it is what plugs into my car. The iPad is a joke but yet people drop hundreds on it every model revision and wait in long lines just to get them. I don't get this whole gadget revolution where companies like Apple make people feel that they need a new phone every 6 months to a year and need to get a new tablet with every version just to keep up. This is the crap that Apple said what was wrong with computers because they outdated themselves too fast. I will gladly sacrifice a little extra weight and battery life to have fully functional computing device that I can type on without cramping my fingers and run many applications at once. I mean come on, there are companies bragging how their phone or tablet can run two apps at one time. Whoop de doo, I can run 30 if I need to and have room for more and easily switch between apps and not have to worry about functionality.

Originally posted by SoTired:

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"Continue to focus on innovation?"

Apple hasnt innovated since the iPad came out. Theyve just been putting new bells and whistles on the same old products for several years.

Theyve already lost nearly half of their market capitalization in one year. Prospects for this year are looking bleak. Their stockholders have been just as clueless as the fanboys for years, and theyre paying the price.

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spoken like a true [non] trader or investor. and I'm not even an aapl product fan; but when you prophetically phrase rhyme and reason to the casino rotation, you sound silly. a record quarter with a woodshed beating because of a. 1 less week YoY in Q4 and light Macbook # due to a late quarter product refresh; the latter alone would have given them a beat on top line too and we wouldn't be having this silly conversation. Fact is, these numbers are the still the best in the biz and it doesn't have sh1t all to do with the tablet market, especially when you consider their ipad sales were impressive this qtr. now go sit down and hush...

if i had a nickel for every dumb, ignorant comment on this thread that is totally unrelated to anything that happened today, Id be rich.

Originally posted by big_tekka:

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Originally posted by SoTired:

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"Continue to focus on innovation?"

Apple hasnt innovated since the iPad came out. Theyve just been putting new bells and whistles on the same old products for several years.

Theyve already lost nearly half of their market capitalization in one year. Prospects for this year are looking bleak. Their stockholders have been just as clueless as the fanboys for years, and theyre paying the price.

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spoken like a true [non] trader or investor. and I'm not even an aapl product fan; but when you prophetically phrase rhyme and reason to the casino rotation, you sound silly. a record quarter with a woodshed beating because of a. 1 less week YoY in Q4 and light Macbook # due to a late quarter product refresh; the latter alone would have given them a beat on top line too and we wouldn't be having this silly conversation. Fact is, these numbers are the still the best in the biz and it doesn't have sh1t all to do with the tablet market, especially when you consider their ipad sales were impressive this qtr. now go sit down and hush...

if i had a nickel for every dumb, ignorant comment on this thread that is totally unrelated to anything that happened today, Id be rich.

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Spoken like an emotional trader/investor eagerly awaiting the rebound of their apple shares.

Originally posted by big_tekka:

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if i had a nickel for every dumb, ignorant comment on this thread that is totally unrelated to anything that happened today, Id be rich.

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Assuming your comments are dumb and ignorant as well, you would only have 75 cents at the most. But I guess rich is a subjective term.

Originally posted by Justoneguy:

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Originally posted by big_tekka:

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Originally posted by SoTired:

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"Continue to focus on innovation?"

Apple hasnt innovated since the iPad came out. Theyve just been putting new bells and whistles on the same old products for several years.

Theyve already lost nearly half of their market capitalization in one year. Prospects for this year are looking bleak. Their stockholders have been just as clueless as the fanboys for years, and theyre paying the price.

---

spoken like a true [non] trader or investor. and I'm not even an aapl product fan; but when you prophetically phrase rhyme and reason to the casino rotation, you sound silly. a record quarter with a woodshed beating because of a. 1 less week YoY in Q4 and light Macbook # due to a late quarter product refresh; the latter alone would have given them a beat on top line too and we wouldn't be having this silly conversation. Fact is, these numbers are the still the best in the biz and it doesn't have sh1t all to do with the tablet market, especially when you consider their ipad sales were impressive this qtr. now go sit down and hush...

if i had a nickel for every dumb, ignorant comment on this thread that is totally unrelated to anything that happened today, Id be rich.

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Spoken like an emotional trader/investor eagerly awaiting the rebound of their apple shares.

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not at all, I just have a clue. once you eliminate the rampant fanboyism on these tech sites, logic becomes clearer.

btw, i don't own it, I trade it, and it's still one one of the best daily (options) trades in the market. But I don't expect you to understand that.

Originally posted by Tazer247:

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Originally posted by big_tekka:

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if i had a nickel for every dumb, ignorant comment on this thread that is totally unrelated to anything that happened today, Id be rich.

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Assuming your comments are dumb and ignorant as well, you would only have 75 cents at the most. But I guess rich is a subjective term.

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I'm game; expound dear man. :) you people talk so much about the 'fundamental product' as though it's doomed; then I guess every company is, by the pervasive logic here, because fundamentally... there isn't a better company (profit margins, forward/backward p/e, peg, cash flow, customer satisfaction, etc.).

I can't accentuate enough that I don't buy apple products because I know you folks like to simplify and overgeneralize things.

Apple will be releasing iJobs in Sept 2013.
That should get them back on track.

Originally posted by ronatola:

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Apple will be releasing iJobs in Sept 2013.
That should get them back on track.

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apple had a record quarter; they're as much on track as they've ever been; all the controversy over a mild, insignificant miss on top line revenue and a couple M less iphones sold (though still a record amount for any qtr sold) is just FUD created to explain the rotation into garbage stocks and justify the existence of the armchair quarterback analysts. Reading any more into it as so many like to do is simply ignorant to the facts at hand. Apple is the same company they were in Sept when they were hitting all time highs. this is just further proof the darling is no longer the darling and it's not 'earnings' and 'growth' prospects per se that drive the US Stock Casino. Just look at AMZN; still can't turn a profit after all these years; absolutely absurd valuation; misses EVERY QTR, and is still rewarded. But everyone loves Amazon so it's good right? Silliness...

edit: typo

I am in the process of developing a a new IOS App.Its called "I--Done".Its main purpose is to sync ALL your, (Because I refuse to own ANY Apple products at all) together and with one single mouse click completely brick every last one of all your Apple products.
Only thing visable on the screen is a GPS map to the nearest electronic recyle yard to turn them in for E-Waste. It will be some what of a contest also as every 100,000th unit useing it gets a off coupon for a free Android of thier choice. (Limit of $400.00 USD) It will be priced at only $1.49. If it goes good, Then I get to be the big winner. $1.49 times millions adds up pretty fast. Now that is one sweet Apple!!!!

Originally posted by big_tekka:

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Originally posted by Justoneguy:

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Originally posted by big_tekka:

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Originally posted by SoTired:

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"Continue to focus on innovation?"

Apple hasnt innovated since the iPad came out. Theyve just been putting new bells and whistles on the same old products for several years.

Theyve already lost nearly half of their market capitalization in one year. Prospects for this year are looking bleak. Their stockholders have been just as clueless as the fanboys for years, and theyre paying the price.

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spoken like a true [non] trader or investor. and I'm not even an aapl product fan; but when you prophetically phrase rhyme and reason to the casino rotation, you sound silly. a record quarter with a woodshed beating because of a. 1 less week YoY in Q4 and light Macbook # due to a late quarter product refresh; the latter alone would have given them a beat on top line too and we wouldn't be having this silly conversation. Fact is, these numbers are the still the best in the biz and it doesn't have sh1t all to do with the tablet market, especially when you consider their ipad sales were impressive this qtr. now go sit down and hush...

if i had a nickel for every dumb, ignorant comment on this thread that is totally unrelated to anything that happened today, Id be rich.

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Spoken like an emotional trader/investor eagerly awaiting the rebound of their apple shares.

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not at all, I just have a clue. once you eliminate the rampant fanboyism on these tech sites, logic becomes clearer.

btw, i don't own it, I trade it, and it's still one one of the best daily (options) trades in the market. But I don't expect you to understand that.

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Your pretty funny tekka, your "greater than thou" attitude especially. If you didn't get so upset about comments in the forum, maybe people wouldn't enjoy ribbing you so much.
Oh yeah, we all know your the smartest one in here lol.
As busy as you must be day trading, I'd like to thank you for taking the time out to entertain everyone.

your (i.e. the proper use of the possessive, no pun intended) dingy comment lacks merit as nobody has 'ribbed' on me yet insofar as I can tell. good luck on that though!

Originally posted by Justoneguy:

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Oh yeah, we all know your the smartest one in here lol.

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dunno about that, but clearly smarter than you.

Originally posted by big_tekka:

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your (i.e. the proper use of the possessive, no pun intended) dingy comment lacks merit as nobody has 'ribbed' on me yet insofar as I can tell. good luck on that though!

Originally posted by Justoneguy:

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Oh yeah, we all know your the smartest one in here lol.

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dunno about that, but clearly smarter than you.

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LOL, like I said thanks for the entertainment. By the way, I "ribbed" you and look how you responded. I'd dump that stock if I were you though, you have to separate your emotion from it.

if you consider my response a verbal accosting or angriness in the least, well then... that's pretty neat to live in your sheltered universe sir ;)

I'm up 45% today on my CRUS calls; don't feel too bad now!

We'll leave it at that then, we're far enough off topic. I didn't mean to get you all riled up, my apologies. Congratulations on all of your success.

No worries, Afterdawn loves this sort of commotion at least; they usually don't post fresh enough material enough to illicit a response, but a nice little junior GI spin touch on the widely reported AAPL ER and people yammer away (e.g. oh apple this and apple that!) :).

Admittedly, I've (in the past) been one of the loudest critics; dislike the product and it's price, new hw standards, boxed iOS etc. But that's all technical. From a financial standpoint, fact: there is no company in better financial shoes and none that takes better care of their shareholder value, despite this zany price action (today's largely caused by margin calls).

And speaking of price action, it too is interesting that wiping away over 200B of a company's market cap does not and will not affect the company itself in the least; those fat cats have more cash flow at 135B than the size of most every other company in the world. If that's not suitable pause for praise, then I don't know what is.

In other news AAPL is now worth less than Exxon-Mobil; guess market guys sees more growth potential in Exxon; maybe they're coming out w/ the next 'IN' device, lol.

If a slow person played the market for just a month, it would be fairly easy to recognize that 'fundamentals' don't have a lot to do w this market; it's just about momentum plays (fear and greed) for those of us at the bottom of the pyramid scheme, nothing more.

Good luck and good day.

you know... it's almost like Wall Street is punishing aaple (like those before it in top market cap of the world) for NOT messing up by now (like the others e.g. cisco, msft,etc. did); it's like, "this trend has gone on long enough; despite the fact it's a very cheap stock and that they haven't slowed the train enough to warrant as low as even a $600pps, we need to hit the brakes and remind people who is in control". For real, haha!

that is all...

Originally posted by SoTired:

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"Continue to focus on innovation?"

Apple hasn't innovated since the iPad came out. They've just been putting new bells and whistles on the same old products for several years.

They've already lost nearly half of their market capitalization in one year. Prospects for this year are looking bleak. Their stockholders have been just as clueless as the fanboys for years, and they're paying the price.

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I couldn't agree more with this, and I'd like to add that the reason why they have so much cash is because they WAY overcharge for their lousy products as well as charging for apps you can get for free from the Play store...I couldn't be happier about the news!! :)

"One bad Apple doesnt spoil the whole bunch" The problem with this is the APPLE has turned its products into "Cult-like" items. How many of you out there still think Apple products are immune from virus's and malware? The true fact is that Apple didnt have a big enough market share to make it worth the hackers time to to infect thier products. Every other week I read about new exploits on thier products now. Will keep you posted on my new app called "I-Done". The difference between this this and a nasty virus is that the user has to activate themselves. i really dont expect to sell many, but its my way of telling Apple to go EFF themselves.
BTW, it wont be available through Apples App library, but i will self host it. OK I-Gone for now. Hope my speech is PC enough for the masses??

Originally posted by big_tekka:

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Originally posted by SoTired:

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"Continue to focus on innovation?"

Apple hasnt innovated since the iPad came out. Theyve just been putting new bells and whistles on the same old products for several years.

Theyve already lost nearly half of their market capitalization in one year. Prospects for this year are looking bleak. Their stockholders have been just as clueless as the fanboys for years, and theyre paying the price.

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spoken like a true [non] trader or investor. and I'm not even an aapl product fan; but when you prophetically phrase rhyme and reason to the casino rotation, you sound silly. a record quarter with a woodshed beating because of a. 1 less week YoY in Q4 and light Macbook # due to a late quarter product refresh; the latter alone would have given them a beat on top line too and we wouldn't be having this silly conversation. Fact is, these numbers are the still the best in the biz and it doesn't have sh1t all to do with the tablet market, especially when you consider their ipad sales were impressive this qtr. now go sit down and hush...

if i had a nickel for every dumb, ignorant comment on this thread that is totally unrelated to anything that happened today, Id be rich.

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Wow, you really are clueless. I've actually made some decent money short selling Apple this past year. Someday when you have the cajones to put your money on Apple stock, I'll sit back and laugh taking all your money as I continue selling short.

In the meanwhile, good luck getting the trash taken out and whatever other chores your mom needs you to finish doing.

Originally posted by plutonash:

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Originally posted by Interestx:

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This is what you get when you trade on a high value high spec image without backing it up with actual hardware which fits that image.

Sneering at the competition and talking the talk with nothing to properly back it up will always fail eventually.

Anyone looking at spec/cost can easily see why Samsung are walking away with it - and most recently with LG, and Motorola, Nokia and even Sony now offering better.

Tablets once looked like the next big thing for Apple (and it is true they did well with iPad for a while) but the Android devices are fast eroding that.
Again it's the inevitable result of far too high prices offering little in return when others offer a much better deal.

They brought this on themselves.

---

While I agree that samsung, htc, nokia, and allegedly LG offer better products. I will say that there's no tablet that comes close to the iPad's intuitive ecosystem and ALSO yields the same amount of profit. The nexus line is a great line for consumers and Google because they gain more marketshare but what company is in the business of selling their tablet and phone at cost or for a few pennies on the dollar. OEMS, especially LG, are doing this just to get consumers loyalty to their brand. I have an LG nexus 4 and with JB, I could possibly try to trust LG with a phone for 2 years, when before I would never conceive of such a notion in the first place. But the bright side is that low cost tablets are bringing costs of the iDevices down gradually.

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They offer better products in terms of hardware.

The Iphone5 has only just gone to a duel core CPU, the next lot of samsung devices will be 8 core CPUs and the other android devices are already duelcore or at or going to 4 core cpu devices.

The screen size will matter to many people because if you have everything only on the screen like the app plus the keyboard and status icons you'll want larger screens than what an apple device offers.

The tablet well probably a waste of time in general will people use them yes for sure but will everyone no because they are just an expanded phone device.

Originally posted by big_tekka:

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No worries, Afterdawn loves this sort of commotion at least; they usually don't post fresh enough material enough to illicit a response, but a nice little junior GI spin touch on the widely reported AAPL ER and people yammer away (e.g. oh apple this and apple that!) :).

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*cough* "Elicit". Grammar Nazi hoist on own petard = joy. Thank you for making my beer taste better.

Originally posted by SoTired:

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Wow, you really are clueless. I've actually made some decent money short selling Apple this past year. Someday when you have the cajones to put your money on Apple stock, I'll sit back and laugh taking all your money as I continue selling short.

In the meanwhile, good luck getting the trash taken out and whatever other chores your mom needs you to finish doing.

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interesting conclusion, because your inferences, ad hominems, and deductive reasoning skills indicate low IQ and a terrible table side manner unbefitting social relationships in general; thus befitting a place w/ perhaps the mechanics at play of a Yahoo investment message board.

To be abundantly clear, In no way did I indicate my personal trading style or limited to a long side, or post armchair QB analysis simply because I'm a greater predictor after the fact, lol. But seriously, who says I don't engage in short positions? or Bear put spreads for that matter,or other caps?


Now stick a fork in my because mom's calling and I need to back in the kitchen, interesting person(s) ;) #done

Originally posted by Bozobub:

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Originally posted by big_tekka:

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No worries, Afterdawn loves this sort of commotion at least; they usually don't post fresh enough material enough to illicit a response, but a nice little junior GI spin touch on the widely reported AAPL ER and people yammer away (e.g. oh apple this and apple that!) :).

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*cough* "Elicit". Grammar Nazi hoist on own petard = joy. Thank you for making my beer taste better.

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Yessir, it is confirmed! I make grammatical errors, but I guess at least not the worst kinds, and not in the worst context for swift, ironic rebuttal. nevertheless, you gents/gals win... this is too much senseless conversation time waste. keep kicking butt l33t afterdawners! I miss you.

p.s. Down with [still] the richest, most successful company of all time whom indeed creates grossly overpriced merchandise (which sells well). :)

Originally posted by xtago:

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The tablet well probably a waste of time in general will people use them yes for sure but will everyone no because they are just an expanded phone device.

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Biggest product evolution since the autonomous smartphone, and personal computer before that. Still more than half of the market share on the back of so many competitors now, like the superior Nexus line of Jellybean tabs which even costs less.

Yeah, nobody likes it and it really shows lack of innovation, I totally agree; wait...

...

Is it totally abstract thought here to have personal product preferences and yet respect a best in class business? Apparently so.

You'll notice I said nothing good or bad about Apple in this context; I hardly give a flying crap in a windstorm. Fanbois and fangrrls on both sides of your argument are exactly as annoying as each other, and yes, that includes you. I merely find it amusing when someone tries to establish their overweening, throbbing intelligence by impugning others' grammar and/or spelling, then commits the same errors themselves.

In other words, don't be a silly, yammering twit, much as you're claiming of the various respondents to your posts, then expect to not be called on it. That's called "hypocrisy", if you weren't aware.

And last, would you mind not double-posting? It's not only against site rules, it's completely unnecessary. The "Edit" button is there for a reason.

Edit --> It also kind of ruins your dramatic "unsubscribing" from the thread, to post a reply immediately after. But I guess silly is, as silly does.

Originally posted by big_tekka:

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Is it totally abstract thought here to have personal product preferences and yet respect a best in class business? Apparently so.

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Not for me, but what's the business with Apple only just paying dividends for the first time not long ago? How does that work?