Apple Stock wrote:
So far so good:
http://www.thestreet.com/story/11819946/1/google-ibm-rim-apple-tech-premarket.html?cm_ven=GOOGLEN
That report also shows Facebook and Apple on the rise. So you're 1 out of 3 there.
Apple Stock wrote:
So far so good:
http://www.thestreet.com/story/11819946/1/google-ibm-rim-apple-tech-premarket.html?cm_ven=GOOGLEN
That report also shows Facebook and Apple on the rise. So you're 1 out of 3 there.
Safari 70%. Thats news. iphones make up less than 50% of the market.
I own GOOG stock as well. It's been an incredibly frustrating stock - up only 24% over the last 5 years (for context, Amazon is up 235% and Apple is up 216%, including its recent fall, over the same period).
Google is an interesting company. They are always coming up with or buying new things, some of them are awesome. Often they are half-baked and/or lack any form of monetization (see Project Glass, Nexus Q, Picnik, Wave, YouTube, etc, etc). This is a big reason why their revenue increased so much (36% increase YOY), but net income was up only slightly (7% YOY).
Overall, I agree that Google is a strong company, and will continue to be invested in them in the long-term. Be prepared for a frustrating journey though. That is, if you're actually going to put money where your mouth is this time? Maybe you can make some money on your prognostication this time?
I sold the shares I bought at 487, for 511. Playing the earnings with calls ONLY from the profits.
If Apple goes down back below 490 I will buy the shares back.
Google worries me because the earnings show growth is leveling off. Also Google has no dividend and the ownership is centered in 3 people who have complete voter control.
The only positive sentiments I have on the big Nasdaq 100 stocks is in Apple, Ebay, and COST. Everyone else is the walking dead.
AAPL wrote:
I own GOOG stock as well. It's been an incredibly frustrating stock - up only 24% over the last 5 years (for context, Amazon is up 235% and Apple is up 216%, including its recent fall, over the same period).
GOOG took a dive like everything else back around 12/2008 -- $260 range. It came back quicker than most, though. That was the time to buy. I don't buy stocks now. Market is too high. I don't understand people who buy high and sell low. That's what's going to happen here. Wait for the next big downturn. Everything is cyclical.
Apple Stock wrote:
Safari 70%. Thats news. iphones make up less than 50% of the market.
How about iPads?
Listen, I am not an Apple or Facebook fan, but to say that Google Plus is going to own Facebook is just silly. You even prove yourself wrong in your argument. You argue that Social networks are like bars, and no one wants to be at the same bar as their parents. But then you say that everyone is already connected with Google. So if everyone is connected with Google, wouldn't people want to go elsewhere?
I would love to see Facebook face plant b/c I think it is bad for society, but until they do something stupid, no one is taking their clout from them. They will have to lose it themselves... which could happen now that they're public. Whether Goog steps in is another story altogether.
Indianapolis, IN wrote:
AAPL wrote:I own GOOG stock as well. It's been an incredibly frustrating stock - up only 24% over the last 5 years (for context, Amazon is up 235% and Apple is up 216%, including its recent fall, over the same period).
GOOG took a dive like everything else back around 12/2008 -- $260 range. It came back quicker than most, though. That was the time to buy. I don't buy stocks now. Market is too high. I don't understand people who buy high and sell low. That's what's going to happen here. Wait for the next big downturn. Everything is cyclical.
I actually bought mine in late 2008 - before the absolute bottom, but nowhere near the peak. I just used the 5 year window because it was easy to find for multiple stocks at once.
With Apple stock at 691 you said:
"We're talking about AAPL stock value, so let's look at profit share.
In a down quarter due to the anticipated release of the iPhone 5, AAPL had a 71% profit share of all smart phone sales.
I'm not trying to force anything on anyone. Don't like Apple - that's fine. I'm simply advising a strong buy on AAPL, and advising strongly against shorting AAPL out of spite."
Apple Stock wrote:
Safari 70%. Thats news. iphones make up less than 50% of the market.
OK, 67% vs. 33% when you compare iOS to Android
http://techcrunch.com/2012/12/03/apples-ios-still-dominates-mobile-web-browsing-little-has-changed-over-six-months-of-new-devices/Android has a lot of 2:1 sales, 0 dollar devices etc, but people aren't using them the same way as they would use an iOS device.
Yup, I'm surprised and was wrong. That's why I don't play the short game, and am only a long term investor. I've made a lot of money on AAPL, and plan to continue to. Today is a big day, as they release their earnings after hours. How much of this downturn is due to legitimate concern and how much is due to rumors and stock manipulation will soon be seen.
Are you planning on making any money on the GOOG call? How many shares have you bought?
AAPL wrote:
Today is a big day, as they release their earnings after hours. How much of this downturn is due to legitimate concern and how much is due to rumors and stock manipulation will soon be seen.
I think there was a lot of manipulation around the $500 mark due to calls expiring Jan 18 as pointed out by Gruber (DF). Manipulation in the sense that "analysts" have claimed reduction in component orders etc.
This was the holiday quarter, tablets were extremely high on the wish list, iPad just got refreshed, iPad Mini got refreshed and iPhone 5 came out.
ATT and Verizon have both pointed out the last quarter saw record sales for iPhone and that they outsold Android 2:1. If there is a slowdown, it would be from overseas.
Anything can happen but I would be extremely surprised if the results were not good today.
I expect Apple STock to go up by 6% after hours.
It didn't take a financial genius to predict that Apple stock would drop when it's price was over $700. It's revenue growth and earnings were not sustainable.
Also, I really hope people on this message board are not here to get financial advice. That would be scary.
Adam Smith wrote:
It didn't take a financial genius to predict that Apple stock would drop when it's price was over $700. It's revenue growth and earnings were not sustainable.
Apple has a P/E of 11
Microsoft has a P/E of 13
Google has a P/E of 23
Facebook has a P/E of 289
Amazon has a P/E of 3583
Think about if for a second.
SmartScience wrote:
Adam Smith wrote:It didn't take a financial genius to predict that Apple stock would drop when it's price was over $700. It's revenue growth and earnings were not sustainable.
Apple has a P/E of 11
Microsoft has a P/E of 13
Google has a P/E of 23
Facebook has a P/E of 289
Amazon has a P/E of 3583
Think about if for a second.
You beat me to it. AAPL doesn't NEED to sustain its growth to justify its price. Its P/E is extremely reasonable. It peaked at 15.11 this year, when it's price was at its highest. This is still quite reasonable. GE, a very mature company with not a lot of growth potential, has a P/E of 15.7, for reference.
Amazon is a bubble, Facebook is just overvalued. Microsoft and Google aren't growth machines anymore, just value plays.
Apple can still grow somewhat.
I love peeps wrote:
Microsoft and Google aren't growth machines anymore, just value plays.
Apple can still grow somewhat.
Wouldn't you expect AAPL to have a higher P/E than Microsoft and Google if that were true? I think you're right, which is exactly why AAPL is so undervalued.
Apple has a P/E of 11
Microsoft has a P/E of 13
Google has a P/E of 23
I love peeps wrote:
Apple can still grow somewhat.
I disagree. Apple is a behemoth and will have trouble growing at this point. The stock might get back to 700, but it will never see 1000.
Apple is down 6.18% in after hours trading. OOPS on you.
Google was up 6% on the day. Cheers fellas.
PE means nothing when you have no year over year growth. Analyst estimates for AAPL having been coming down and will continue to come down. Google has a bigger moat than AAPL and they also have an ace in the hole (Youtube).
Apple's earnings clearly showed growth, its revenue grew substantially yoy. When Apple introduces iTV this should be another catalyst for growth.
For the stock though, its not good WS doesn't like expectations being met, it wants expectations to be beat. With something as big as Apple though thats impossible, its so big everyone can see what its doing.
Still everyone forgets Apple is growing faster than Google, and look at the difference between the two has been.