Bill Maher on Apple

[djk]

Nailed it.

 

[WoodPeckr]

Fear not!
When AAPL hits $1000 all will be better and bottie has the fuzzy numbers to prove it!....:eyebrows:

 

[onthebottom]

Nailed it.

I don't know, I get your point but I can't imagine finding 3 less knowledgable people to have this conversation.... Huffington's voice makes me want to hurt a puppy....

OTB

 

[IM469]

I can't imagine finding 3 less knowledgable people to have this conversation.....Huffington's voice makes me want to hurt a puppy....

I like Bill Maher occasionally but he had no fucking clue what he is talking about here. I would wager he is still holding stock hoping to talk it back up again. He sounds like a clueless investor that reads consumer reports for investment strategy.

Actually 2 less knowledgeable people. Annoying voice aside - Huffington is the only one who gets it. Investor are looking for growth and stock prices are predicated on growth expectations. It is irrelevant how big the company is, you are investing your money to increase it's value to a certain point in a certain time frame.

If a company falls short of market expectations, you now know that your money is not going to have the future value that you expect. What generally happens is there is a rush to get you money out while the market price reflects the false expectations. The stock price will then settle to meet the new growth expectations.

Sadly, Huffington aside, you are looking at a table of people who not only lost money - but because they have such little understanding of the market - will no doubt loose more using Best Buy flyers as guidelines.

BTW: I would do Huffington in a minute. I don't think that much money has ever looked so good ! (Yes girls at CA look great but they take my money - I would like to get some instead)

 

[Chimpanzeethat]

No, I think Maher gets it. What Huffington said about expectations is correct, but Michael Steele continued to draw the correct conclusion. The expectations of the stock market place pressure on the company, which then feels compelled to take risks they might not otherwise have done, and then get into real trouble.

At the risk of repeating what I and others have said, Apple owes a very small part of its success to innovation. Folks buy their products because they expect them to work simply, reliably and sometimes beautifully. Sadly, it looks like the company is forgetting that.