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Kriss Kross will make ya...

If we don't have jobs, how can we buy all the cool stuff Steve has for us next week? ...stocks tank.

Sit on AAPL while the emotional idiots take their profits and pay their capital gains tax. Either believe the negative headlines or believe in the company track record and their ever increasing versatile and diverse product line. Go visit a retail store if you are not sure about your investment in AAPL. WHY does oil and jobs always affect AAPL so much? Bunch of emotional short-term idiots.

Jan 04, 08 - 11:07 am Comment from: tmsruge

Since I haven't joined the pool, I see this as an opportunity to buy into the hype. I will be buying next week so long as it doesn't do a dead cat bounce all the way through the $200 closing ceiling of late... or is that a scared cat pounce?

In 1922 people used to buy their bread with suitcases filled with overprinted banknotes... Do you really believe that monney could EVER be a secure thing?!?

Jan 04, 08 - 11:09 am Comment from: Macromancer

"WHY does oil and jobs always affect AAPL"

Um, I'll try this one...

Because if people have less money from higher costs of things they NEED, or have NO money because they dont have a job, then they cannot buy things that AAPL makes.

Just a shot in the dark.

The gap is big enough to fall into.

The official figures only reflect the people actively drawing unemployment and seeking work. Those who no longer qualify for benefits and do not continue to register at the unemployment office don't show up in the 'official' numbers.

1US$ sunk to be almost equal to 1 Swiss Franc. 1 Euro is now about 1 and a half $... If any country goes selling too many american tresury bills, 2008 could get pretty bad for economy...

This is great! I hope AAPL collapses. Because, in a few days, it's going to charge right through that 200 barrier on the way to 600.

Just wait until you see the array of gadgetry his Steveness rolls out! Then, don't go near any Apple retail store or you will get crushed by hordes waving their plastic in an absolute frenzy.

Then, when they get home and find out that these new and improved toys just bore the hell out of them, hit that speed dial for your broker and sell, sell, sell.

Unless, that is, we get the big surprise and Steve announces a significant improvement in Macs and secures a long term future and fortunes for AAPL holders.

My bet: it ain't going to happen. We are well into the Apple Age of Gadgetry and no end in sight. Damn.

Jan 04, 08 - 12:45 pm Comment from: TowerTone

RvRUR

It doesn't account for self employed, either.
What is your point?
This is the same guideline used for years.

"WHY does oil and jobs always affect AAPL so much?"

A few reasons.

First, higher oil prices mean higher transportation prices. Apple's factories are in China, their consumers (for the most part) aren't. Thus, things have to be transported from China to their customers. That cost is increasing and will impact Apple's financials.

Second, higher oil prices mean higher prices for petrochemicals. Plastic is a petrochemical. So your component costs go up as well.

Ideally, you pass these costs onto the consumer. However, with unemployment up, fewer consumers will want to pay the higher prices. Even those with jobs might be concerned and keep their money for a rainy day.

So Apple may end up having to worry about costs because they can't pass component price increases on to the consumer. Which means they may not make as much money. Which will affect their stock price.

Simple, really.

Jan 04, 08 - 02:19 pm Comment from: Zune Tang®

Jump.

Kriss Kross will make you jump.

Apple will make you poor. Their stock is in a free fall, they can't and never could compete with Microsoft and their products are too expensive. Buh bye Apple.

Your potential. Our passion.™

Jan 04, 08 - 02:27 pm Comment from: Rainer

"WHY does oil and jobs always affect AAPL"


Because AAPL only sells luxuries.
And if you're either out of work or short on cash (because other things, like gas, kept getting more and more expensive), luxuries are the first things people start cutting from their expenses.
AAPL is probably one of the most sensitive stocks for these two indicators - but in the comming months and years, it will affect *everybody*.

U.S. unemployment rate increase to a 2 year high, nationwide smoking bans are a serious contributing factor

Jobless Rates Hits 5 Percent, a 2-Year High, Fanning Recession Fears (link)

WASHINGTON (AP) -- Hiring practically stalled in December, driving the nation's unemployment rate up to a two-year high of 5 percent and fanning fears of a recession.

Recent nationwide smoking bans have eliminated approximately 1,000 bars and restaurants:

http://www.smokersclub.com/banloss3.htm

Closer to home, here in Minnesota bans have closed down nearly 200 establishments:

http://cleanairquality.blogspot.com/2007/01/100-bars-and-restaurants-put-out-of.html

And if you haven't figured it out by now.......closed businesses add to the unemployment rate.

It would be nice to see the rent seeking pharmaceutical nicotine interests which fund the smoking ban movement held responsible. Specifically Nicoderm manufacturer Johnson & Johnson's private foundation RWJF.

And I suspect that what you'll see, Toby, is there will be a momentum, momentum will be gathered. Houses will begat jobs, jobs will begat houses.
--George w. Bush

Gulfport, MS
08/28/2006

what's going on. the market is collapsing!!!!

Jan 04, 08 - 04:27 pm Comment from: wannabe

@Real vs Reported Unemployment Rate:

Your assertion is false nonsense invented by fear-mongers who want to portray things as worse than they really are. The unemployment rate is NOT, repeat NOT, derived from the number seeking unemployment or any other benefits, and never has been. The rate is calculated through surveys.

Herro, evelyone! I am flom the fal east and have velly big stake in your apple company. we hold funds of ova one-billon dolla U.S. and make the velly big investament. But we have to sell many millon of our shales today when we hear this tellible stolly about bad Jobs leport. Can anyone tell us what happen to Steve Jobs? Why bad leport on Mr. Jobs? What he do? evellybody ovel hear, we sell the apple shales because of this bad leport, but cannot find stolly on google when we search fol "aapl and "something bad happen Steve Jobs."

Jan 04, 08 - 05:36 pm Comment from: effwerd

Wow, more racist caricatures. This site is just too classy.

Jan 04, 08 - 06:17 pm Comment from: LorD1776

effwerd,

I'll bet that knucklehead worked on his post for hours.

I no no if you spocked about me, but I no have the racism against amellicans. I luv the amellicans. I have silliously impotent question about why so bad the Jobs?

Jan 04, 08 - 08:56 pm Comment from: LorD1776

Now yer talkin' Chong!

"why so bad the Jobs?"

It's because of the piss-poor leader of this country. We are lucky to have any jobs - bad or not.

Jan 05, 08 - 01:57 am Comment from: TowerTone

Lord
try comparing the economy now with any of Clinton's, minus the web bubble that was blown on speculative hot air. Explain how bad it is now in comparison.

I'm dying to know what is sooooo bad out there.

Bad news sells. Make it seem even worse, and imply that it affects everyone, and voilà! you have sold more ad revenue based on circulation and viewership. News? It's a business. Facts get in the way of that sometimes....

Jan 05, 08 - 09:46 am Comment from: LorD1776

TT,

You're right, buddy. Things are so much better now. I must be deluded. And don't forget how much lower our national debt is. And then there was that Somalia thing under Clinton. That incompetent bastard got some of our troops killed. I'm sure G.W. will be remembered as one of our greatest leaders. It's a shame he can't be President for life.