And we know that Apple consistently projects low so they can just as consistently beat their guidance. So, do you have a point?<br><br>10% drop in one day is pretty dramatic. It seems to me to be out of proportion to the usual aapl behavior.<br><br>But if you have evidence to the contrary, I'm happy to hear it.<br><br>
<blockquote><font size=1>In reply to:</font><hr><p>Apple consistently projects low so they can just as consistently beat their guidance. So, do you have a point?<p><hr></blockquote><p>Yes, the market still reacts to such forecasts whether it's logical to do so or not.<br><blockquote><font size=1>In reply to:</font><hr><p>10% drop in one day is pretty dramatic. It seems to me to be out of proportion to the usual aapl behavior.<p><hr></blockquote><p>Factors include recessionary tendencies, exceptionally low consumer confidence and fears about Steve Jobs' health.<br><br>km<br><br>
<blockquote><font size=1>In reply to:</font><hr><p>Yes, the market still reacts to such forecasts whether it's logical to do so or not.<p><hr></blockquote><p>Yes, well thanks for that. I'm almost sure I would have missed that if you hadn't pointed out the obvious. So, well done.<br><blockquote><font size=1>In reply to:</font><hr><p>Factors include recessionary tendencies, exceptionally low consumer confidence and fears about Steve Jobs' health.<p><hr></blockquote><p>Uh huh. So now I know exactly what caused that unusually steep drop in aapl value. The self same things that didn't cause it last quarter. Great.<br><br>Appreciate your contribution. Everything's jolly good then. Right-oh. <br><br>Cheers.<br><br>
<blockquote><font size=1>In reply to:</font><hr><p>I'm almost sure I would have missed that...<p><hr></blockquote><p>Well, you obviously did miss it. I've provided the explanation and you're still stuck for one. <br><blockquote><font size=1>In reply to:</font><hr><p>Uh huh. So now I know exactly what caused that unusually steep drop in aapl value. The self same things that didn't cause it last quarter. Great.<p><hr></blockquote><p>Doh, you're going to lose a lot of money if you think that what happens in one quarter has to happen in the next. Influential factors are changing all the time, as I've pointed out...<br><br>km<br><br>
<blockquote><font size=1>In reply to:</font><hr><p>I'm almost sure I would have missed that if you hadn't pointed out the obvious.<p><hr></blockquote><p>Better if you quote the whole phrase. And your explanation was plainly inadequate, hence my response.<br><br><blockquote><font size=1>In reply to:</font><hr><p>Doh, you're going to lose a lot of money if you think that what happens in one quarter has to happen in the next.<p><hr></blockquote><p>I don't see any evidence that I "think that what happens in one quarter has to happen in the next". I do believe in cause and effect though. Apparently you don't. Or maybe you just feel obligated to invent spurious strawman arguments in order to score online points?<br><br>But I thank you once again for pointing out the obvious with your "Influential factors are changing all the time, as I've pointed out" comment. Pity you haven't been able to "point out" why in a fiscal climate almost identical to the last quarter, Apple's shares have taken the unexpected, somewhat radical drop that my original post references.<br><br>When you can add something other than repeating your lack of anything insightful, I'll be interested to hear your point of view. Until then, thanks for absolutely nothing.<br><br>Cheers.<br><br>
<blockquote><font size=1>In reply to:</font><hr><p>Pity you haven't been able to "point out" why in a fiscal climate almost identical to the last quarter, Apple's shares have taken the unexpected, somewhat radical drop that my original post references.<p><hr></blockquote><p>The fiscal climate is only half the story. You're looking for some hidden factor beyond those appearing in the thread and the financial press when there isn't one. <br><br>km<br><br>
I think the lack of information about Jobs' health is a key factor in all this. They as much said so in most analyst articles. The back-to-school quarter is bound to rebound and give the ole' Apple logo a good polishing.<br><br>
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KateSorensen 77 and counting
Registered: 05/19/01
Posts: 3666
Originally Posted By: polymerase
AAPL at 400 by the end of 2008? It would be remarkable but I really cannot see a reason why it would not happen. The only thing that would stop it is a total stock market meltdown. Sure, meltdown could happen but there would really be no place to hide your money if that did happen.
You prophesized the market meltdown 12-26-07!
Would you now tell us when the economy will be back to normal!
What is the method you use? Crystal ball? or . . .
neil Neil Ticktin
Registered: 06/05/08
Posts: 1189
Loc: Westlake Village, CA
Yeah -- this is insane.
In talking with our advertisers, they are not seeing a drop in revenue. They are maintaining the same levels as last year or larger, as a general rule. There are some exceptions ... like those trying to get financing and such.
We're seeing that there was such explosive growth in market SHARE that it's generally overcome the drop in market SIZE for Apple and the third parties.
margadagio
Princess
Registered: 04/19/02
Posts: 5942
Loc: Toronto
Just go into any Apple store and watch the traffic. People aren't simply browsing, they're buying.
Dell on the other hand...
With a few exceptions, tech analysts don't have a clue about AAPL. They lump Apple in with the likes of Dell or HP. Unfortunately the majority of investors are clueless as well.
Apple's biggest problem has been the large hedge funds manipulating the stock. Steve Jobs has even made this claim. Right now these funds are having to unload stock at an increased rate which lowers the stock price. I won't be surprised to see AAPL in the $60 range. I'll be happy when most of the hedge funds go belly up. Growth will be slower but there will be less volatility.