Posted on 08/04/2015 1:30:48 PM PDT by Up Yours Marxists
Aug 4 (Reuters) - Wall Street fell on Tuesday as Apple's shares remained under pressure, hitting their lowest in more than six months, and investors digested earnings reports from a host of companies.
The iPhone maker's shares fell as much as 4.4 percent to $113.25, slipping firmly below their 200-day daily moving average, a key technical level closely watched by traders. The stock was also the biggest drag on the three major U.S. indexes.
While there was no clear trigger for the selloff, traders said worries over a slowdown in China and skepticism over demand for iPhone 6s were likely to keep the stock under pressure.
(Excerpt) Read more at in.reuters.com ...
How Corning won Apple back and built the strongest Gorilla Glass yet
By Luke Dormehl
4:00 am, November 26, 2014
http://www.cultofmac.com/304120/corning-gorilla-glass-4/
Six things we learned from Apple’s spat with GT Advanced
http://www.cnet.com/news/six-things-we-learned-from-apples-spat-with-gt-advanced/
Judge Orders GT Advanced Bankruptcy Papers Unsealed
Apple Sought to Keep Information Under Wraps, Citing Fears of Reputation Harm
http://www.wsj.com/articles/judge-orders-gt-advanced-bankruptcy-papers-unsealed-1414690591
GT Advanced COO Says Apple Used ‘Bait and Switch’ Tactic
http://www.bloomberg.com/news/articles/2014-11-07/gt-advanced-coo-says-apple-used-bait-and-switch-tactic
What Happened To The Relationship Between Apple And GT Advanced Technologies?
http://www.forbes.com/sites/quora/2014/10/07/what-happened-to-the-relationship-between-apple-and-gt-advanced-technologies/
Court unseals documents in GT Advanced case, Apple says it ‘bent over backwards’ to help sapphire supplier
http://appleinsider.com/articles/14/11/07/court-unseals-documents-in-gt-advanced-case-apple-says-it-bent-over-backwards-to-help-sapphire-supplier
The homo-nazi CEO and his sycophant customers will be disappointed.
I believe they should be taken to task on point. Why would I want folks to avoid criticism of bad policy or tactics?
It’s this blanket “Apple is the epitome of a bad company” that bothers me. It’s not.
It’s an amazing success story, that is open to reasoned criticism like any other company.
This post of yours exemplifies what I’m talking about.
It’s the concept of a building built in a circle. It doesn’t look any more like Obama’s logo than the wheels on your car do, and probably a lot less.
http://www.freerepublic.com/focus/news/3320586/posts?page=18#18
“What’s the goal here? Drive Apple out of business our get it taken over by the government?”
Neither. The situation with Apple here is twofold. First, they are missing the mark on sales projections for a number of obvious and a few not-so obvious reasons.
Second, the QE garbage by the feds is encouraging people into higher risk stocks. And since Apple is the “Wall Street Darling”, everyone and their uncle is trading it.
Okay, they are missing the mark. That happens in business. It doesn’t mean they are some sort of pariah organization.
Read some of these threads.
As for selling stock, what business doesn’t want their stock to sell?
That’s no indicator of foul play.
As for QE garbage from the Fed, how is Apple responsible for that?
Any company with stocks chooses to be there. It’s not the Soviet Union at Wall Street.
Apple’s known for decades banks control the QE and can manipulate blue chip stocks. You gamble, you can lose. Big.
It’s actually interesting taking a peek at the 16 year stock chart for Nokia. Or Microsoft. Or Motorola. We’ve seen this before. It’s like 2000 all over again looking at Apple’s current stock motion.
Your posts epitomize someone who thinks Apple can do no wrong, and says so. Bye.
I don’t follow their stocks. I hear about them from time to time. I do think stocks are interesting, their movements, so I understand your attention to this.
I’m sorry that it does to you, because I think I made it plenty clear that Apple corporate flaws or misconduct are fair game for discussion.
It just seems that some of these threads discussing Apple resemble what we would expect to find on a Leftist site, hatred for Apple for some reason I’ve never quite been able to figure out.
Take care.
I totally get what you’re saying.
Apple products are not bad. But their corporate elitist attitude trickles down the entire Apple tree and poisons the fruit.
You can clearly see it in their new Apple watch. It’s a hipster tinker toy with unisex (aka GAY) styling, but they push it along like it’s a life changing event, and its cultural followers play the Alinsky tactic of attacking naysayers. You’re and Apple hater if you don’t accept failed products, right? Everything old and traditional is BAD. Everything fresh and new is GOOD. Anything we make is GOOD. If you don’t like what we make, you are BAD.
That’s not capitalism, that’s corporate cultist elitism. And it continues to be pumped by their queer leader Mr. Cook.
Most excellent!
Could be back to some sanity in the pricing of stocks.
lol...
+1.
If I were you I would wait until November.
Think of how many large institutions world wide own this stock. When Apple sneezes, they get the flu. One of the largest stocks in the world that falls into correction territory can be a big problem for economies.
I think the watch is an amazing product. Is it for me? No. Like you I don’t see a need for it in my life.
If you are into exotic watches, it has some great things to offer.
As a gadget freak, I can appreciate it without being compelled to buy in.
If someone addresses it in these terms, I have no problem with it. Even disagreeing with me on point, is certainly not a problem for me.
Having to go the route of talking about non-capitalist corporate cultist elitism to get a point across seems to me to reveal something far removed than the issue of a watch’s value or lack thereof.
As for Apple’s leader, seems to me if he was straight it wouldn’t make it a straight company anymore than him being a homosexual makes it a homosexual company.
Why even mention it?
Sanity? IMHO, 7 times trailing earning for a good company is insane. That’s the equivalent of an AAA bond that pays 13%. Even I would load up at those prices, which haven’t been seen since March of 2009.
Just six years ago GM was under $1. In 1968 IBM was $360. In the 80”s I was buying intel for under $30 and they were struggling to make a nickel.
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