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Apple stock plummets for a fifth straight day, wiping out $113billion of its value, down 14 percent.
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| 4 August 2015
Posted on 08/05/2015 4:27:17 AM PDT by dennisw
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To: LS
The next wave of new technology will be VR and AR. With products like the Oculus Rift, Samsung’s Gear VR, and a variety of new products coming out from Microsoft and Zeiss, virtual reality and 3D technology is going to take off probably next year. Microsoft’s Hololens is an AR or augmented reality product where users can see clearly through the lenses, but the lenses provide overlays of what is seen. So, for instance, it could provide a HUD like you see in video games but in real life.
Google’s Glass didn’t take off initially, but then neither did tablets back in the 90s. Now look where we are.
41
posted on
08/05/2015 5:39:26 AM PDT
by
rarestia
(It's time to water the Tree of Liberty.)
To: dennisw
It's amusing to see so many naive people out there who use the stock market as a guide to determine the success of a given company. Don't they know that revenue and net profit over a long period of time is a much better measure?
For example, Apple in the past quarter alone generated $49.6 billion in revenue and nearly $11 billion in profit. They are also sitting on nearly $200 billion in cash on hand. Regardless of current stock price, this company is going to be a major player in our economy for a very long time.
Those are pretty amazing numbers and people should be clamoring to own stock in this company, especially when they look at the previous 10 years. In fact, the fact that the price of stock is heading down is good, because now you can obtain more shares for your money.
Over the years, people have written off successful companies like Microsoft, IBM, Hewlett Packard, Apple, Ford, and on and on due to swings the stock prices. Those people are the true losers. Had they purchased and held stocks in all these companies over the years, they'd be sitting pretty right now.
Also, it's distasteful to see a so-called conservative forum cheering on the supposed "downfall" of a successful U.S. company. What are we, a bunch of anti-capitalist marxists all of a sudden? Are we going to start posting excerpts from Das Kapitaland The Communist Manifesto?.
I don't care how much you don't like the CEO and his stupid politics. This company wasn't created by him and over the years it has generated massive wealth and jobs for our country. This company will outlast the current CEO. This kind of anti-capitalist marxist "cheerleading" is quite beneath us, I would think. It belongs on DU.
To: MaxMax
I did. Bought COP, CVX, and XOM recently......and went down another 10%. May buy more, but I usually get in trouble when I try to guess the bottom ;) Oh well. I have a 30 year time horizon....kids...80 years.
43
posted on
08/05/2015 5:46:10 AM PDT
by
DCBryan1
(No realli, moose bytes can be quite nasti!!)
To: central_va
To: SamAdams76
I don't care how much you don't like the CEO and his stupid politics. This company wasn't created by him and over the years it has generated massive wealth and jobs for our country. This company will outlast the current CEO. This kind of anti-capitalist marxist "cheerleading" is quite beneath us, I would think. It belongs on DU. Worth repeating.
45
posted on
08/05/2015 6:26:40 AM PDT
by
IncPen
(Not one single patriot in Washington, DC.)
To: dennisw
It’s just a flesh wound. (;>
46
posted on
08/05/2015 6:27:27 AM PDT
by
Stentor
("The best lack all conviction, while the worst are full of passionate intensity.")
To: IncPen
When Apple decided to make I-Phones in China they lost me. Labor cost per phone is $12.50. So per each $600 I- Phone the labor was $12.50. So let’s say labor costs in the USA would potential double the per phone labor rate. I WOULD GLADLY PAY and extra $12.50 for my I-Phone that was made in the USA.
47
posted on
08/05/2015 6:32:15 AM PDT
by
central_va
(I won't be reconstructed and I do not give a damn.)
To: IncPen
Opening a slave labor camp complete with suicide netting in a Communist country to make your product is a sick form of “Capitalism”.
48
posted on
08/05/2015 6:33:37 AM PDT
by
central_va
(I won't be reconstructed and I do not give a damn.)
To: DCBryan1
Hold CVX,COP and XOM if you already own them. They will probably take another dip and bounce if oil trends up at all. CVX is way oversold. Once it broke $100 the feeding frenzy started. CVX’s q report was actually not that bad. XOM’s was bad.
YMMV.
49
posted on
08/05/2015 6:34:11 AM PDT
by
mad_as_he$$
(Section 20.)
To: SamAdams76
Apple historically flourished when Jobs was there. We shall see how they will do without him this time. I do agree that they will not go away overnight. IBM was trading at $350 a share in 1968. To lazy to see how many splits there have been but it is a shadow of itself. Mostly a s/w services company now - by design.
50
posted on
08/05/2015 6:42:01 AM PDT
by
mad_as_he$$
(Section 20.)
To: dennisw
iWatch wasn’t as big as the market hoped. Windows 10 looks to be the dominate PC platform—stopping OSX growth.
IPhones have hit saturation (it’s an incredible feat to do what it did). But where is the growth going to come from? Apple may need to transition to a big dividend model because the hyper growth is gone.
51
posted on
08/05/2015 6:46:10 AM PDT
by
for-q-clinton
(If at first you don't succeed keep on sucking until you do succeed)
To: SamAdams76
They need to give that money back as dividends to keep the stock worth buying. Hyper growth for Apple is dead... they need to move to the next phase.
52
posted on
08/05/2015 6:50:07 AM PDT
by
for-q-clinton
(If at first you don't succeed keep on sucking until you do succeed)
To: dennisw
I would love to see Apple go under because of their disgusting CEO. He didn’t appoint himself. The company thought that scumbag was a good idea. I’ll never buy another Apple product.
53
posted on
08/05/2015 7:01:00 AM PDT
by
afsnco
To: DCBryan1
I did. Bought COP, CVX, and XOM recently......and went down another 10%. May buy more, but I usually get in trouble when I try to guess the bottom ;) Oh well. I have a 30 year time horizon....kids...80 years. The best advice I have every heard was: "Never buy anything at the exact bottom and never sell anything at the exact top."
To: rarestia
So basically holo stuff, right?
55
posted on
08/05/2015 7:49:08 AM PDT
by
LS
("Castles Made of Sand, Fall in the Sea . . . Eventually" (Hendrix))
To: dennisw
What? No way? You mean America isn't an island unto itself, and China's economic health cuts both ways? Don't tell that to the bozos on CNBC or Bloomberg, or they will try to neuter you for calling them on their perma-bull bias.
56
posted on
08/05/2015 9:27:28 AM PDT
by
Sam Gamgee
(May God have mercy upon my enemies, because I won't. - Patton)
To: SamAdams76
No one is cheering their downfall, what we are pointing out is the NASQAQ is back in loony territory. Netflix, Apple, Google, they are all insanely overpriced. No, of course, even a 25% shave in all those share prices won't mean the end of those companies. Netflix will continue to be a great service. It's just that Wall Street will always try to make suckers of us all.
57
posted on
08/05/2015 9:30:53 AM PDT
by
Sam Gamgee
(May God have mercy upon my enemies, because I won't. - Patton)
To: dennisw; ~Kim4VRWC's~; 1234; Abundy; Action-America; acoulterfan; AFreeBird; Airwinger; Aliska; ...
Another article on AAPL's irrational 14% drop in the past few days since Apple's financial Conference call reporting a RECORD 3rd 2015 quarter. PING!
![](http://www.findthatlogo.com/wp-content/gallery/apple-logos/apple-logo-red.jpg)
AAPL Financial Ping!
If you want on or off the Mac Ping List, Freepmail me.
58
posted on
08/05/2015 11:20:01 AM PDT
by
Swordmaker
( This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
To: 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 cant be helping sales. Actually you can't. Just last week a Freeper buying his son a laptop for his eldest son going to college just tried to buy a Windows computer that was as good as a MacBook Pro. . . and wound up paying $1197 for one that had a lesser quality screen (127 DPI) with a 4 hour battery and far less quality than the 227 DPI Macbook PRO with a 10 -12 hour battery at $1299. Sorry. Try again.
59
posted on
08/05/2015 11:24:05 AM PDT
by
Swordmaker
( This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
To: 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] Here's more complete list of the top 52 of FoxConn's over 500 worldwide customers I've been able to compile from news articles where their contractural relationships were mentioned over the past eight years:
- Acer Inc. (Taiwan)
- Alcatel (France)
- Amazon (United States)
- Apple Inc. (United States)
- Archos (France)
- ASRock (Taiwan)
- Asus (Taiwan)
- Barnes & Noble (United States)
- BenQ (South Korea)
- Blackberry (Canada)
- Cisco (United States)
- Dell Inc.(United States)
- EVGA Corporation (United States)
- Fujitsu (Japan)
- GE Thomson
- Google (United States)
- Griffin Technologies (United States)
- Gründig Mobile (Germany)
- Hewlett-Packard (United States)
- HTC (Taiwan)
- Huawei (China)
- Intel (United States)
- IBM (United States)
- Kyocera Communications (Japan)
- Lenovo (China)
- Lenovo/Motorola Mobility (China)
- LG Lucky GoldStar (South Korea)
- Microsoft (United States)
- Microsoft MSI (Taiwan)
- Motorola Communications (United States)
- NCR (United States)
- NEC Casio Communication (Japan)
- Netgear (United States)
- Nintendo (Japan)
- Nokia Oyj (Finland)
- PackardBell (Netherlands)
- Panasonic (Japan)
- Philips (Netherlands)
- Pioneer Electronics (Japan)
- Samsung (South Korea)
- Sanyo (Japan)
- Sharp (Japan)
- Siemens (Germany)
- Sony (Japan)
- TCL Communication Technology (China)
- Telefunken (Germany)
- Thomson (France)
- Toshiba (Japan)
- Vizio (United States)
- Xiaomi (China)
- Zoostorm (New Zealand)
- ZTE (China)
60
posted on
08/05/2015 11:29:02 AM PDT
by
Swordmaker
( This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
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