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Teens are saying Apple is 'done'. Ha ha!!

goodguy1977

Member
Jan 5, 2011
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Apple shares drop on report of weak demand

Apple has reduced its iPhone 5 component orders on weaker-than-forecast demand, according to a report in The Wall Street Journal on Monday.

In pre-market trading, Apple stock was off almost $20 to $500.74 a share. Apple is to release its latest quarterly earnings report later this month.

The WSJ report, which cited unnamed people familiar with the matter, said orders for iPhone 5 screens for the January-March quarter are about half of what the company was expecting. Orders for other types of components have also been reduced, the WSJ article said.


The report said one of the people told the newspaper that Apple has also cut orders for other components. The Journal said it was told Apple notified the suppliers of the order cut last month.

Apple didn't immediately return an email seeking comment before business hours Monday.

The move is a sign that sales of the new iPhone haven't been as strong as previously expected and demand may be waning. It comes as the company has been facing increased competition from Samsung Electronics and other makers of smartphones that run Google's Android operating system.

South Korea's Samsung, which sells Android-based phones at various price points, has already overtaken Apple as the world's largest smartphone vendor by market share.

Android devices accounted for 75% of smartphone shipments the three months ended in September, up from 58% at the same time in 2011, according to research firm IDC. The iPhone's share stood at 15% in September, up from 14% the previous year.

Google says more than 500 million Android devices have been activated since the software's release four years ago. By comparison, Apple had sold about 271 million iPhones through last September.
http://www.usatoday.com/story/money/markets/2013/01/14/apple-shares-plunge/1832291/


Again, I ask why is the company done? What is the logical thinking behind it? A slowdown in compentent sales is not really a valid reason. I think folks are a little confused with the stock and the operating company.


Goodguy
 

goodguy1977

Member
Jan 5, 2011
791
0
16
Apple shares drop on report of weak demand

Apple has reduced its iPhone 5 component orders on weaker-than-forecast demand, according to a report in The Wall Street Journal on Monday.

In pre-market trading, Apple stock was off almost $20 to $500.74 a share. Apple is to release its latest quarterly earnings report later this month.

The WSJ report, which cited unnamed people familiar with the matter, said orders for iPhone 5 screens for the January-March quarter are about half of what the company was expecting. Orders for other types of components have also been reduced, the WSJ article said.


The report said one of the people told the newspaper that Apple has also cut orders for other components. The Journal said it was told Apple notified the suppliers of the order cut last month.

Apple didn't immediately return an email seeking comment before business hours Monday.

The move is a sign that sales of the new iPhone haven't been as strong as previously expected and demand may be waning. It comes as the company has been facing increased competition from Samsung Electronics and other makers of smartphones that run Google's Android operating system.

South Korea's Samsung, which sells Android-based phones at various price points, has already overtaken Apple as the world's largest smartphone vendor by market share.

Android devices accounted for 75% of smartphone shipments the three months ended in September, up from 58% at the same time in 2011, according to research firm IDC. The iPhone's share stood at 15% in September, up from 14% the previous year.

Google says more than 500 million Android devices have been activated since the software's release four years ago. By comparison, Apple had sold about 271 million iPhones through last September.
http://www.usatoday.com/story/money/markets/2013/01/14/apple-shares-plunge/1832291/


Again, I ask why is the company done? What is the logical thinking behind it? A slowdown in compentent sales is not really a valid reason. I think folks are a little confused with the stock and the operating company.


Goodguy
 

Flapjack

Banned
Aug 24, 2012
299
0
0
Apple shares drop on report of weak demand

Apple has reduced its iPhone 5 component orders on weaker-than-forecast demand, according to a report in The Wall Street Journal on Monday.

In pre-market trading, Apple stock was off almost $20 to $500.74 a share. Apple is to release its latest quarterly earnings report later this month.



The WSJ report, which cited unnamed people familiar with the matter, said orders for iPhone 5 screens for the January-March quarter are about half of what the company was expecting. Orders for other types of components have also been reduced, the WSJ article said.


The report said one of the people told the newspaper that Apple has also cut orders for other components. The Journal said it was told Apple notified the suppliers of the order cut last month.

Apple didn't immediately return an email seeking comment before business hours Monday.

The move is a sign that sales of the new iPhone haven't been as strong as previously expected and demand may be waning. It comes as the company has been facing increased competition from Samsung Electronics and other makers of smartphones that run Google's Android operating system.

South Korea's Samsung, which sells Android-based phones at various price points, has already overtaken Apple as the world's largest smartphone vendor by market share.

Android devices accounted for 75% of smartphone shipments the three months ended in September, up from 58% at the same time in 2011, according to research firm IDC. The iPhone's share stood at 15% in September, up from 14% the previous year.

Google says more than 500 million Android devices have been activated since the software's release four years ago. By comparison, Apple had sold about 271 million iPhones through last September.
http://www.usatoday.com/story/money/markets/2013/01/14/apple-shares-plunge/1832291/
Yup, exactly..Apple is done...here has NEVER been a company is the history of the world that has their stock value go down and stay in business!!! ;)
 

onthebottom

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Yup, exactly..Apple is done...here has NEVER been a company is the history of the world that has their stock value go down and stay in business!!! ;)
Interesting that Google's shares are also down....

I'm wondering if they are getting ready to release a new phone in March - my be going to a 2X a year release model.

Earnings report on Jan 23.....

OTB
 

djk

Active member
Apr 8, 2002
5,953
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the hobby needs more capitalism
Interesting that Google's shares are also down....

I'm wondering if they are getting ready to release a new phone in March - my be going to a 2X a year release model.

Earnings report on Jan 23.....

OTB
That's what I'm thinking as well. We'll definitely get more information on Jan 23rd.
 

Max Webster

Member
Mar 6, 2002
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Interesting that Google's shares are also down....

I'm wondering if they are getting ready to release a new phone in March - my be going to a 2X a year release model.

Earnings report on Jan 23.....

OTB
Do you think so? Wow...maybe the next iphone will be even TALLER!
 

onthebottom

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CapitalGuy

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Mar 28, 2004
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This is being said only by those teens whose parents won't buy them Apples. Once they get into the working world and can afford to buy the coolest products, they will change their tune.
 

djk

Active member
Apr 8, 2002
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the hobby needs more capitalism

George The Curious

Active member
Nov 28, 2011
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Apple has always been more cool than PC for decades. Doesn't mean they will own the ma
majority People are more pragmatic than vain. Rich wiiill always remain minority.

the only way for Apple to prevail is they lower price like they planning to release cheaper version of iPhone.
But it won't be so cool anymore. ultimately, it's the technical innovation that matters the most.
Apple is spending too much money on their lawyers than engineers right now. And most oftheir experienced former employeesare getting so rich on stock options they just retire rather than keep working hard. So I see a real problem for them to stay on the leading edge in the near future.


This is being said only by those teens whose parents won't buy them Apples. Once they get into the working world and can afford to buy the coolest products, they will change their tune.
 

Smallcock

Active member
Jun 5, 2009
13,697
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38
the only way for Apple to prevail is they lower price like they planning to release cheaper version of iPhone.
I don't know if doing this will help or hurt them. Brands like Nike don't offer two-tier products.
 

onthebottom

Never Been Justly Banned
Jan 10, 2002
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This is being said only by those teens whose parents won't buy them Apples. Once they get into the working world and can afford to buy the coolest products, they will change their tune.
Now that's funny.....
 

IM469

Well-known member
Jul 5, 2012
11,140
2,468
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Since August, Nokia stock has beaten Apple stock by 182%; Research In Motion stock has beaten Apple by 98%.
Not really a fair comparison. Apple was overpriced and settling down over the graph period but they are a large relatively stable business. Graph Apple vs Rim & Nokia over 2 years and the picture is different. RIM & Nokia should be rated as penny stocks as the prices really is a reflection on current odds if they will survive another year in business.
 
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