AAPL Stock swooning again,
or just profit taking?
Ping!
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Posted on 09/01/2015 5:06:01 PM PDT by Swordmaker
NEW YORK (TheStreet) -- Apple's (AAPL - Get Report) next generation of Apple TV set-top box could nearly double its current sale price, Fortune reports.
The tech giant first introduced the product in 2012 when it priced Apple TV at $99, however, the cost was reduced to $69 in the spring of this year.
The upcoming fourth-generation Apple TV however, could cost anywhere from $149 to $199, Fortune noted.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks with serious upside potential in the next 12-months. Learn more.
The Apple TV is also expected to be much costlier than set-top box offered by its competitors such as Roku, Google (GOOGL) and Amazon (AMZN).
Despite the costliness, the new Apple TV is expected to have a brand new interface along with additional features such as Siri support, an App Store, and a new remote control, Fortune added.
(Excerpt) Read more at thestreet.com ...
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Thanks to SunkenCiv for being busy and finding these articles . . . and giving me a heads up. . .
“and giving me a heads up. . .”
Six months too late.
Excuse me? What are you talking about? Apple stock has been up and down and is STILL far up over where it was six months ago. . . so what are you referring to? AAPL will be going back up again. Currently we are in FUD Season, the three weeks leading up to major Apple announcements, and this is totally expected, if a bit more than usual because the rest of the stock market is volatile as well.
“Excuse me? What are you talking about? Apple stock has been up and down and is STILL far up over where it was six months ago. . .”
Six months ago it was at 130. It is now about 110 up from 100. I don’t think 110 is way UP from 130.
“AAPL will be going back up again.”
You just said it was way up. What do you mean by ‘will be going back up again’?
You are right. . . I was thinking about the end of January when it was as low as now. . . AAPL is volatile. I don't worry about the ups-and-downs of AAPL as I am in the for the long haul. On July 20, AAPL was at ~132. . . and then they reported the best third quarter of their history, to which a bunch of LYING Wall Street "journalists" reported lying "whisper" numbers which I documented here on FR (completely different numbers between 8:30AM and 2:00PM when Apple announced their Financials as reported by Yahoo Finance with the afternoon claimed Revenue expectations being a couple billion higher than the AM revenue), causing the after-hours trading to tank!
AAPL is still above the adjusted greater than $700 per share pre-split highs that made Apple management decide to make the seven for one split.
I bought in when it was the equivalent of $40. So I am not worried. Apple has over $220 BILLION in cash and other short term liquid assets. It is NOT in any kind of trouble. What we are seeing is insanity. The P/E is the best in the industry. . . and every bit of news is positive except for the obvious FUD being spread that you can recognize from a mile away.
These are weekly averages, not actual highs or lows.
My wife always updated to the latest iXXXXX.
With the 6 she wants but is not ready to fork over the bucks.
Same with the lastest iPad.
Her other sisters are slowing down also.
I saw earlier that one of the companies (Verizon) no longer ‘sells’ you a phone ... you can upgrade after six months if you have paid 50 percent of the costs.
I guess people still stand in line for iPhones when they come out but the market is slowing.
That's not the way it works, Texas. What happens is that you are buying your iPhone or iPad on time, paying for it with your wireless bill as an extra charge every month. After a period of time, you can turn in your current iPhone or iPad for the next model (AT&T calls it their Next program) and simply get the next model, continuing with the same payment plan, only now it is extended for more months. If you choose not to exchange it, after 12, 18, 20, or 24 months, depending on the plan you chose, you own it, and your bill goes down by the amount you were paying for your iPhone/iPad payments. You can continue this for every new model as it comes out. BUT you do have to turn in your old iPhone/iPad or, if you want to keep it and hand it down, pay it off. The 50% of the costs is where it gets economical to do it, generally at the time when the newest model is being released.
I've generally handed my iPhones and iPads down in my family or later, sold them privately. It's always more than covered the upgrade costs because Apple products have excellent resale value. Other makes, not so much. I sold my Apple iPhone 5 for almost $400 which way more than paid for the downpayment and activation fees for my iPhone 6. This was a two year old iPhone. The carriers will take them in on trade and then refurbish them and sell them overseas to new customers.
I don’t remember the site that referred to 50 percent.
I just went to the Verizon site and there newsletter says ‘anytime after the phone is paid off’.
Sounds like my T-Mobile plan I got on in 2011! I notice that they use a Samsung in there article as a reference.
Verizon Edge program ...
Samsung Edge phone ....
Marketing promotion???
Could be. I have AT&T. AT&T calls it their Next Program.
I sold my Apple stock at $128 this past July. I figured I would make more with Netflix now. I made about 46% with Apple stock in a little more then a year so was pretty happy. I do not know where they will go from here. This month Apple may tell all and the stock could go way up but I think it will be steady for a while.
Create a Yahoo finance page and add your choice of stocks to watch. Netflix has gone down from a high of $129 but so has many many stocks so I figure it isn’t my stock but those dang Chinese Wall Street types!
Click on My Portfolio
https://finance.yahoo.com
Good timing. . .
#7 I bought in when it was the equivalent of $40
You should change your name to: $wordmaker
My pleasure! Disclosure — I just picked up a second Roku. ;’)
Wow! Siri support, an App Store AND a remote!! And twice the price! It must be exclusive! I am so there!!
The stock market is an EMOTIONAL market, not a logical one. Given the history of Apple making profits and in-roads ever year, why is the PE ratio of Apple less than that of other comparable companies?
And why is Apple renting out a place for the September 9th premier so much larger than sites Apple has historically used? There are some products that are being obsoleted on Sept 9th like the Apple Mini 2009, and some of their displays, so look for some new product announcements. I expect AppleTV (pretty much a given), the Apple iPhone 6s and 6s Plus (again, a given) but also new displays, new Apple computers and perhaps even the Titan (car).
I discount everything predicted by anal-cysts. . . however, if Apple adds an SSD to the AppleTV that would account for a doubling of the price from the original $99, allowing buffering of content. Also, an App Store means they are opening it up to being a gaming platform. Being that it is an iOS platform, all of those iOS games that have been around for years for iPhone and iPad will suddenly be playable on AppleTV without having to be streamed from an iPhone or iPad.
That could make the AppleTV one of the least expensive game consoles AND with a good capacity SSD, all the games would be downloadable. No need for cartridges or CD/DVD disk loading. Very much worth the price of admission. NOW, make it a Ala Carte cable system where you only get what you want instead of buying package deals that include 500 channels of 450 channels of junk to get the 50 you want. . . and paying more than you want because that's the only way you can get everything you want of the 50.
So, you'd be able to say "Siri, show me a list of action movies starring Bruce Willis that I haven't watched yet," and it would bring up that listing to allow you to select one for you to view. If you are on a slower internet connection, you could possibly then say "Sire, download "Die Hard with a Vengence" for watching later this evening." When you are ready to watch it, it will have been pre-loaded on the SSD (assuming that is what Apple has done) and you can watch without interruption for buffering halts.
Not to mention that Apple began paying stock dividends in the recent history. And where, exactly, is Apple listed now, as a stock? It is one of the “big boys” because of the power (and cash reserves).
As for an Apple Car... I don’t think so. Could they announce a partnership with a manufacturer... maybe. But I just don’t see it.
But who knows? Maybe Cook has “something more” up his sleeve that maybe Apple has actually keep the lid on? Would be nice.
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