Apple stock plummets for a fifth straight day, wiping out $113billion of its value, down 14 percent.

dailymail. ^ | 4 August 2015

[dennisw]

I have been posting that all that paper wealth getting wiped out in China’s plummeting stock market would make Apple sales bomb out in China and all of Asia.

China stock market is down 33% and Apple shares will exceed this. My opinion and prediction

[StoneWall Brigade]

Yikes!

[StoneWall Brigade]

Ping

[dennisw]

http://www.bloomberg.com/research/stocks/snapshot/snapshot.asp?ticker=2354:TT

Foxcomm is down 25% in the last 40 day. Foxcomm is Apples Chinese mega-factory partners where the workers are driven. Some have called it slave labor

[MrEdd]

iCrash.

[Pearls Before Swine]

“Stocks will fluctuate.”

—JP Morgan

[Bluewater2015]

MacBooks are way overpriced. You can get a $600 laptop for with the same specs (pretty much) as a $1200 MacBook Pro. Maybe people are wising up. This can’t be helping sales.

[CGASMIA68]

Major customers of Foxconn include or have included:

Acer Inc. (Taiwan)[49]
Amazon.com (United States)[8]
Apple Inc. (United States)[50]
BlackBerry Ltd. (Canada)[51]
Cisco (United States)[52]
Dell (United States)[53]
Google (United States)[54]
Hewlett-Packard (United States)[55]
Huawei (China)[56]
Microsoft (United States)[57]
Motorola Mobility (United States)[53]
InFocus (United States)
Nintendo (Japan)[58]
Nokia (Finland)[50][59]
Sony (Japan)[60]
Toshiba (Japan)[61]
Xiaomi (China)[62]
Vizio (United States)[63]

[CGASMIA68]

300 should get the average slob more than enough lap-top.unleess one wants to impress those around

[dennisw]

Hold on to your Apple watch it might be come a collectors item. A memento for Apples wild and crazy ride where is was the darling of the US stock markets and the darling of gadget crazy Asians who unfortunately have run out of ready cash to spend of high priced Apple gadgets and doo-dads
This is the Chinese company that Apple fears the most>>>>

Xiaomi retakes the smartphone lead in China as Apple slips
Engadget1 day ago
Aug 03, 2015 ·
It looks like Apple's time at the top of China's smartphone heap was short-lived. Researchers at Canalys estimate that local brand Xiaomi has once again become the country's smartphone market share leader, snagging 15.9 percent of shipments during the second quarter of the year. In fact, Apple is down to third place -- one of Xiaomi's fastest-growing rivals, Huawei, claimed the runner-up spot with 15.7 percent. Samsung and Vivo rounded out the top five.

It's not certain what tipped the balance for Xiaomi, although big phones like the Mi Note (shown above) likely helped. That leadership might not survive for much longer, however. As IDC warned earlier, the days of a rapidly expanding Chinese phone market appear to be over. Vendors are mostly trying to poach customers from each other, rather than enticing first-timers who are finally well-off enough to buy a smartphone. In a volatile climate like that, it might only take one hit phone (or a spectacular flop) to shake things up.

[central_va]

FoxComm better check their suicide netting. It could get ugly.

[Bluewater2015]

300 should get the average slob more than enough lap-top.unleess one wants to impress those around

---

Yup. Or game. But gaming is why we have desktops!

[jurroppi1]

It is Foxconn

[dennisw]

300 should get the average slob more than enough lap-top.unleess one wants to impress those around

You can find good laptops by Toshiba and other reputable manufacturers at that price. By good I mean at least 4GB memory and a CPU with a 1600 or higher passmark score. Add Windows 10 to this and its even better. My own preference is for the CPU to have a 2300 or higher passmark score

To find out a CPUs passmark score just do a search for >>>  the CPU name + passmark such as this one for an i3 4130 processor >>> i3 4130 passmark >>>>> passmark Score is 4793

• PassMark - Intel Core i3-4130 @ 3.40GHz - Price ...

  www.cpubenchmark.net/cpu.php?cpu=Intel+Core+i3-4130+%40+3.40GHz

  Performance and price comparison graphs for Intel Core i3-4130 @ 3.40GHz

Score is 4793

[driftdiver]

IMO any company that goes up fast had a very good chance of going down fast. This isn’t ExxonMobil who has decades of relatively stable growth and value.

[dennisw]

Foxcomm for Fox Communists

[Dr. Sivana]

MacBooks are way overpriced. You can get a $600 laptop for with the same specs (pretty much) as a $1200 MacBook Pro. Maybe people are wising up. This can’t be helping sales.

Macs are a minority player in the Apple profit chain right now, with phones and iPads providing the lion's share. In the USA, ALL PC sales are down across the board.

Also, you cannot compare laptops on specs alone. That's why there are $1200 (and up) Windows laptops out there, too.

[sergeantdave]

I’m not about to pay $700 for an unlocked iPhone. Too much $$

[rarestia]

In the USA, ALL PC sales are down across the board.

True, but for reasons other than raw demand.

Over the last 5 years, the advancements in processor technology miniaturization have slowed. We've reached a point where physical gates can't get any smaller without "leaking." New advancements in graphene layering and optical processing are making for interesting concepts but are not translating to factory floor manufacturing yet.

As such, most home users are enjoy similar speed and response on systems that are 5+ years old. The need to upgrade a home machine nowadays is greater than 5 years, on average. Even modern tablets and phones are lasting longer thanks to more resilient materials.

Combine this with a slumping global economy and record unemployment (REAL unemployment, not the trumped up BS numbers released monthly), and you have a recipe for slumping sales due to reduced demand.