Article

2015-08-05 Economy

Apple stock craters, losing USD $113 Billion

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Posted by badanov 2015-08-05 00:00|| || Front Page|| [11127 views ] Top

#1 "But...but I wore a black turtleneck sweater and everything! Who wants an Apple Watch? Anybody?Anybody?"

Tim Cook

Posted by charger 2015-08-05 00:21|| 2015-08-05 00:21|| Front Page Top

#2 AAPL is still up about 10% from this time last year.

The company has an enormous cash and other liquid assets. The margin on their products is huge and they have great brand recognition. The question is whether they can develop a new product to get revenue growing again once the phone, watch and iPAD markets are saturated.

Posted by lord garth 2015-08-05 00:47|| 2015-08-05 00:47|| Front Page Top

#3 Market correction. Follows may also be relevant:

Losses in Chinese equities, where almost $4 trillion was erased from June to July, may leave consumers with less money to buy gadgets in a market Cook expects to become Apple’s biggest. Apple got 17.4 percent of its revenue from China in its last full-year reporting period, Bloomberg data show.

Link

Posted by Besoeker 2015-08-05 01:34|| 2015-08-05 01:34|| Front Page Top

#4 Lexus has your answer if you want to go back to the future

Posted by newc 2015-08-05 04:51|| 2015-08-05 04:51|| Front Page Top

#5 The Steve jobs 'pipeline of ideas' is running its course and not much on the horizon. China is slowing down.

It appears that Apple is slipping into Microsoft mode; cash cow with dividend but not much of a trading range.

Posted by Airandee 2015-08-05 06:58|| 2015-08-05 06:58|| Front Page Top

#6 So, approaching actual value, then?

Posted by ed in texas 2015-08-05 07:20|| 2015-08-05 07:20|| Front Page Top

#7 ...it's all paper totally dependent upon the projection of value by the players in the game. Unfortunately, too many in the oligarchy want to 'fix' the game in their favor at the expense of everyone else.

Posted by Procopius2k 2015-08-05 09:01|| 2015-08-05 09:01|| Front Page Top

#8 This was inevitable after Jobs' death. He and he alone had the industry clout to make new and interesting things happen. Now we are back to design by committee.

Posted by Iblis 2015-08-05 14:21|| 2015-08-05 14:21|| Front Page Top

#9 I was an Apple fanatic in the day but I see the user experience slowly degrading. Give me flash on my phone you bastards.

Posted by rjschwarz 2015-08-05 15:05|| 2015-08-05 15:05|| Front Page Top

#10 DON'T give me Flash on my phone: Flash is an enormous virus and gateway to malware.

Flash should die the death that Jar-Jar Binks should have died early in episode II.

Posted by Steve White 2015-08-05 20:52|| 2015-08-05 20:52|| Front Page Top

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