Apple reported its quarterly earnings today, and shareholders took a beating for it. The company beat analyst estimates for earnings per share, but fell short on revenue and in other notable areas. In after hours trading, the stock fell $50 per share, erasing almost $50 billion in company value in just 4 hours. While the company did have a record quarter, including record revenue ...
Read full articleOriginally posted by SoTired: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!! :)
"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.
Originally posted by big_tekka: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.
Originally posted by SoTired: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...
"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.
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 plutonash:They offer better products in terms of hardware.
Originally posted by Interestx: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.
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 big_tekka:*cough* "Elicit". Grammar Nazi hoist on own petard = joy. Thank you for making my beer taste better.
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!) :).
Originally posted by SoTired: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.
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 Bozobub: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.
Originally posted by big_tekka:*cough* "Elicit". Grammar Nazi hoist on own petard = joy. Thank you for making my beer taste better.
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!) :).
Originally posted by xtago:
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: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?
Is it totally abstract thought here to have personal product preferences and yet respect a best in class business? Apparently so.
Subscribe to AfterDawn's weekly newsletter.
