MacDailyNews - Where Mac news comes first

Jan 22, 08 - 05:50 pm Comment from: Scott

Time to buy up as much as I can of AAPL. Even with the US going into recession, it'd be a good time to buy shares. Great quarter, they just didn't like Apple's guidence. It will be alright.

When others are scared, see the opprotunity. When everyone thinks all is fine, be scared.

Any idiot selling the stock due to a weaker than expected 2nd quarter forecast is just burning money. Apple is notorious for low-balling their forecasts and any analyst that's worth a shit knows that. You should buy up all the stock you can right now, because it's going to bounce big time in the coming days.

The thrill is gone. No one wants your overpriced computers. Welcome to 130 in the morning.

Yeah, no one except for the 2.3+ million people that bought one in the last quarter that is....

How's that retirement plan going today? What's Steve's cash out looking like today?

Gadgets and toys don't attract many investors when there's a flight to safety.

Jan 22, 08 - 06:03 pm Comment from: Gandalf

Anyone recall the last recession in 2001? Apple again called it early and the stock took a hit whilst most everyone else was still giving out BS and it took a few months for their stocks to fall.

Cheap crapy PCs are overpriced... for sure! Uh Oh! Even dummy enough to buy that PC garbage! Wouarf!

PS Oh beg your pardon 7000$ AlienWare is maybe not too much of a peace of dirt... but you'll pay for it...

The ones getting the last laugh are the ones buying it up left and right at $136 this afternoon, because it'll be back up over $200 by this summer.

Jan 22, 08 - 06:04 pm Comment from: Ampar

"Cocky Arrogance"

I bet you hate your parents for giving you that name.
Did you get beat up a lot in school?

There was no recession in 2001. That was called 9/11. The markets rebounded a few weeks later once the shock wore off. And if you're referring to the "dot bomb" crash, that happened in 2000, not 2001.

Jan 22, 08 - 06:08 pm Comment from: JadisOne

Apple has always been conservative with their guidance. I don't see why this comes as such a surprise.

Jan 22, 08 - 06:10 pm Comment from: theloniousMac

Everyone needs to step away from the computer. Throw the newspaper out. Turn off the radio.

They LOVE bad news. Especially right now. The media in general, at larger would prefer you believe that the the sky is falling and that Perdition's flames are on the other side.

There is no more self fulfilling prophecy than a recession. We're told things are bad, we believe it, we stop spending money, get really conservative with our investments, sell our stocks. We create the recession we're afraid of.

This is a presidential election year. There are those who will benefit greatly from your fears.

This is all fear based.

Just chill.

Jan 22, 08 - 06:11 pm Comment from: theloniousMac

Don't Panic.

Buy a MacBook Air.

Everything will be ooookkkkkkk.

Umm,

does the 'dot bomb' crash have anything to do with the 'dot com' crash?

Jan 22, 08 - 06:15 pm Comment from: Haiku

___stock_will_drop_-n-_slide____
_till_you_think_i_think_time's_up_
___then_explosive_growth______

Jan 22, 08 - 06:16 pm Comment from: mr_matalino

sh*t

Jan 22, 08 - 06:21 pm Comment from: Zune Tang®

Told you so.

Your potential. Our passion.™

The businessmen will have however to be very careful by counting their real profits $ lost nearly 1% in exchange value.
This loss in purchasing value will have to be deduced from the raw sales benefit itself.

bought option put in AAPL. this isnt anything unusual, they always undercut Q2 guidance.

so, why worry... make money and buy a MacBook with it later

Jan 22, 08 - 06:27 pm Comment from: MusicDoc

Don't ya love it when the trolls come out from under the bridge?

Jan 22, 08 - 06:33 pm Comment from: Macromancer

@MusicDoc
I was just gonna say the same thing. Gotta love people who go out of their way to rejoice over the suffering of others. Not that any AAPL holders are suffering but you get the meaning.

MO will outperform AAPL in the next 2 months by a long shot. Grab some smoke stocks and smoke the competition.

"Yeah, no one except for the 2.3+ million people that bought one in the last quarter that is...."
Apparently it was no where near enough, was it?

Suckers!!!!!!!!!!!!!!!!!!!!!!!!!! HA HA HA HA HA HA HA HA!!!! Told ya.

No where near enough what? It was a 47% increase. I don't see Dell, HP, or anyone else posting gains even remotely that high.

Time to buy Apple stock.

Quite incredible. The only thing I can think is that the market makers are thinking that if Apple are pessimistic, the outlook for all the rest has to be TERRIBLE.

And if the market falls so will APPL.

Ouch!

Jan 22, 08 - 06:58 pm Comment from: doc

Told ya so. Apple could have announced the second coming of christ and the stock was gonna tank.

Jan 22, 08 - 07:02 pm Comment from: mozart11

Sorry. I'm a Mac junkie. But Apple has some tough times ahead.

The MacBook Air is going to drag down Apple a lot. It's not innovative. It's light and great looking. It has not one ounce of "gotta have it" quality.

I wouldn't sell the stock. But anyone that only sees roses in the future of Apple is deceiving themselves.

Faster offerings of DRM free music. Faster movie offerings. 5-7 day viewing of rented movies, not 24 hrs. Update MBP's and MB's.

The MBA is not going to drive traffic to the stores or online store.

@Mozart

You may be a Mac junkie, but that's about all you got right in your post.

MBA is going to pack people into the store. You can bet on that. Ten bucks says it looks even better in person than on tv.

DRM free music will come when it's offered to Apple.

Longer rental of movies will come when the studios allow it. It's their content, you know, and they seem to be patterning the deal on what people get from OnDemand through their cable boxes. 24 hours.

MBP will be updated as soon as Penryn is out and about. 2 to 6 weeks is likely.

Still, I don't see AAPL taking a huge hike upwards until the iPhone Nanos come out in June. Or whatever else they're cooking up in the skunkworks. The stock won't launch until people get psyched. That could be a while.

Still, I do predict roses. They're coming. Bet.

Jan 22, 08 - 07:09 pm Comment from: Frank

Ok guys, don't laugh but, as a Canadian where do I go (online) to buy 1 share of AAPL? Yes it's symbolic.
Tnx

Gadgets and toys don't attract many investors when there's a flight to safety.

Gadgets and toys don't attract many buyers when the economy is going to hell.

That said, Apple's in little danger of failing; Apple is very smart to be positioned above bottom-feeders like Dell. However most of Apple's products are luxuries, and sales are subject to decline as consumers button down with necessities like mortgages, fuel prices, credit card bills, etc.

AAPL should slingshot out of the recession very nicely. But it's gonna be rough in the meantime.

Jan 22, 08 - 07:14 pm Comment from: TowerTone

Odd that Cramer isn't recommending Apple.
He wasn't impressed with the results.
I wish I could buy even more now.....

Jan 22, 08 - 07:23 pm Comment from: LorD1776

I'll bet Bill Gates is buying AAPL out the wazoo.

Jan 22, 08 - 07:30 pm Comment from: TowerTone

Of course, Cramer doesn't know the history of AAPL like Tom Cruise does......

http://www.funnyordie.com/videos/c5839db13b

Yes, suddenly Kramer is down on AAPL. Experience says that he's a contrary indicator. He lost faith 18 months ago when the stock bottomed in the mid 50s... we know what happened after that.

But I couldn't resist pulling the trigger at 150. Damn. Who knew the 130s would be possible.

All the mixed reviews about the Air remind me of the comments about the latest iMac. Well the iMac was the unexpected star of the quarter. Desktop units actually grew faster than laptop units (which "only" grew at 38% in units y/y).

Also to note: A transition to higher priced ipods. The transition of ipod from being a toy (especially the shuffle) to a platform is underway.

Long term Apple is executing on turning its media player market share (which has to be approaching saturation) into platform sales that have much larger potential (those platforms being the mac, and the iphone/touch). This company has a long way to run.

But you weren't going to see blowout ipod units given its current levels of ownership and the economy this holiday season. And Apple always guides conservatively going forward.

Jan 22, 08 - 07:39 pm Comment from: Randian

TO ALL APPL BASHERS:

Right now you're feeling pretty damned cocky about the 30+% drop in AAPL shares since December and crowing that YOU SAW IT COMING. YOU KNEW IT WAS GOING TO HAPPEN, and IT'S THE END OF THE EQUITY! Yeah, sure you did.

We all know that schools don't teach history in America anymore, so here's a quick lesson for all you smart asses:

In the summer of 2006, AAPL dropped (for NO SOLID REASON) from the mid 80's per share into the low 50's. REMEMBER THAT, "Stock Boy"? That's a 40% drop, oh my droogie brothers, and that event, TOO, signaled a company that was about to drop into the shitter. Right, "Sell Sell Sell"?

Well, even if one works with today's after-hours price of 135 per share, AAPL has increased approximately 170% in the last 17 months since that last drop! Can you name a large cap stock that has even come close to matching this figure? Hell no, you can't.

My point here is that those of us who KNEW the quality of Apple, Inc., and its leadership invested heavily at the $50 figure. And, man, even today WE'RE SITTING PRETTY! Get over it, Sputnik.

ARE YOU STILL 170% to the good over the last year and a half, oh my Dell, Microsoft, RIM, Palm, etc., brothers? Didin't think so.

As for me, past is definitely prologue, for I'm buying AAPL by the hundred lots tomorrow. We'll talk again in 18 months or so.

Oops. I meant "Cramer". With a 'K' that's a whole different Kramerica!

No soup for me.
=)

Jan 22, 08 - 07:51 pm Comment from: doc

@Randian

I did say aapl would go down, and I agree that it will go up. I remember the drop you refer to. In fact, I have referred to it here in the past 3 months (give or take). Stock values fluctuate. I still think aapl is too high and believe it will drop below $125 before going above $160.

@Frank:

Try [url=http://www.tdwaterhouse.ca]http://www.tdwaterhouse.ca[/url]

Jan 22, 08 - 08:38 pm Comment from: cuz i'm the taxman

I bought AAPL in 1999. It would take a nuclear war to get me to sell now. Told me so? Yeah, good thing I don't take financial advice from trolls I guess.

meh, this happens all the time with apple, no news here. I sold 1/4th my holdings on the way to 200, but am keeping the rest for the long haul.

@Randian

Did your history teacher really teach you about the AAPL stock price? How can you afford 100 lots of AAPL shares with that kind of education?

“As for me, past is definitely prologue, for I'm buying AAPL by the hundred lots tomorrow. We'll talk again in 18 months or so.”

I’d like to but you’re probably not going to be able to get internet access in your dumpster.

"ARE YOU STILL 170% to the good over the last year and a half, oh my Dell, Microsoft, RIM, Palm, etc., brothers? Didin't think so."

Actually no, I'm sitting at about 1500%.

Jan 23, 08 - 01:25 am Comment from: Renderdog

Brilliant call MDN! How'd you know it would all hinge on the guidance?

Jan 23, 08 - 01:42 am Comment from: AAPL

Look allot of fat cats missed making money in me over the past few years.

You can't blame them, with all the war and banks printing money who had time to learn a complex business like Apple?

Well they are buying right now. That what a "trade" means. A Buyer and a seller.

I am very glad that people who are trying to make too much too fast can't do it with AAPL. Look at what the did on our best earning day ever.

So from my heart, I tell you AAPL is a buy. But, you can't sell for at least one year. That is the rule. But my advise is hold till 2010 at least and you will do better than the CNBC pimps because if you think about it, their Job is to get you to buy and sell on the wrong side of the trade.

Good luck. Hope you did not lose the farm. I seriously hope you are OK.

Now do 2 things.

BUY AAPL and BUY an Apple product.

repeat.

thank you

What a surprise. Apple stock goes up and down like any other stock. The fan boys must be having fits trying to blame this one on MS.

Apples recent stock plunge due to a weak forecast (after a phenomenal previous quarter) reminds me of a Bill Hicks joke: (I'm paraphrasing a bit)

Adam says to Eve, "We have peace, we'll never go hungry, we have everything we want and we'll never die."

Eve replies, "Yeah, It's just not enough is it"