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Apple's stock gets demolished following earnings

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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 ...

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This discussion thread has 36 messages.

#1
"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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#2
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.
This message has been edited since its posting. Latest edit was made on 24 Jan 2013 @ 2:20

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#3
You hear that?


That is the sound of the worlds tiniest violin playing.
#4
So it begins...

"You know, it seems that quotes on the internet are becoming less and less reliable." -Abraham Lincoln.
#5
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.
#6
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.

XXYYQQOO!!! Yeah WELCOME TO JAMROCK

#7
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.
#8
LoL...the stock is still inflated...this is just an adjustment as some people realize the company won't demolish expectations every quarter.
#9
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.
#10
Originally posted by Interestx:
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.

"Cable thief is a victimless crime."
#11
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.

Oh, Im sorry... Did the middle of my sentence interrupt the beginning of yours?
#12
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.

AMD Phenom II 965 @ 3.67Ghz, 8GB DDR3, ATI Radeon 5770HD, 256GB OCZ Vertex 4, 2TB Additional HDD, Windows 7 Ultimate.

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#13
Originally posted by SoTired:
"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.
This message has been edited since its posting. Latest edit was made on 24 Jan 2013 @ 23:53
#14
Originally posted by big_tekka:
Originally posted by SoTired:
"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.
Spoken like an emotional trader/investor eagerly awaiting the rebound of their apple shares.
#15
Originally posted by big_tekka:


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.
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.
#16
Originally posted by Justoneguy:
Originally posted by big_tekka:
Originally posted by SoTired:
"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.
Spoken like an emotional trader/investor eagerly awaiting the rebound of their apple shares.
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.
#17
Originally posted by Tazer247:
Originally posted by big_tekka:


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.
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.
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.
This message has been edited since its posting. Latest edit was made on 25 Jan 2013 @ 9:37
#18
Apple will be releasing iJobs in Sept 2013.
That should get them back on track.
#19
Originally posted by ronatola:
Apple will be releasing iJobs in Sept 2013.
That should get them back on track.
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
This message has been edited since its posting. Latest edit was made on 25 Jan 2013 @ 12:53
#20
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!!!!

This message has been edited since its posting. Latest edit was made on 25 Jan 2013 @ 14:47
#21
Originally posted by big_tekka:
Originally posted by Justoneguy:
Originally posted by big_tekka:
Originally posted by SoTired:
"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.
Spoken like an emotional trader/investor eagerly awaiting the rebound of their apple shares.
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.
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.
This message has been edited since its posting. Latest edit was made on 25 Jan 2013 @ 15:30
#22
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:
Oh yeah, we all know your the smartest one in here lol.
dunno about that, but clearly smarter than you.
#23
Originally posted by big_tekka:
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:
Oh yeah, we all know your the smartest one in here lol.
dunno about that, but clearly smarter than you.

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.
This message has been edited since its posting. Latest edit was made on 25 Jan 2013 @ 15:29
#24
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!
This message has been edited since its posting. Latest edit was made on 25 Jan 2013 @ 15:32
#25
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.
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