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
Yikes!
Ping
iCrash.
“Stocks will fluctuate.”
—JP Morgan
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.
FoxComm better check their suicide netting. It could get ugly.
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.
I’m not about to pay $700 for an unlocked iPhone. Too much $$
Wow. You’d’ve thought I finally bought stock in Apple last week.
That’s my track record.
Maybe Tim Smith should have been worrying about his company instead of butting into Indiana’s attempt to protect Christian businesses from the homosexual jihadis. We will not give Apple another dime.
Whatever will Tim Cook do?
Especially if they get a new CEO who doesn't want to prove he is another Steve Jobs by betting the farm on the (doomed?) iWatch.
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.
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.
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.
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