SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Apple Tankwatch -- Ignore unavailable to you. Want to Upgrade?


To: puborectalis who wrote (24148)12/14/2012 3:39:54 PM
From: Jon Koplik6 Recommendations  Read Replies (1) | Respond to of 32684
 
I think his point was : one might need to be "on drugs" to think that Apple is a long-term viable investment.

Jon.

.



To: puborectalis who wrote (24148)12/14/2012 7:18:21 PM
From: sylvester804 Recommendations  Read Replies (2) | Respond to of 32684
 
BREAKING..With iPhone & iPad sales in a nose dive, Apple does the unthinkable... CUTS PRICES BY 20-30%... wave bye bye to margins baby...
Wal-Mart selling Apple's iPhone 5 at big discount

finance.yahoo.com
Reuters – 11 minutes ago
By Alistair Barr

SAN FRANCISCO (Reuters) - Wal-Mart Stores Inc said on Friday that it began selling Apple Inc's flagship iPhone 5 smartphone at a big discount in thousands of its stores.

Wal-Mart said it is selling the 16 GB Apple iPhone 5 for $127, versus an original price of $189.97. The price is valid with a two-year contract from wireless carriers Verizon, Sprint and AT&T, the retailer added.

Wal-Mart said it is also selling the 16 GB iPhone 4S and the 16 GB iPad with Retina display and WiFi at discounts.

The offers will be available for 30 days in about 3,000 of Wal-Mart's stores, which were not identified. They are not available online, according to the retailer.

Apple has focused on high-priced, premium gadgets for many years and has strictly enforced its prices with retailers and other distributors. However, a Wal-Mart spokeswoman said on Friday that the discounts were arranged with Apple.

"We worked together with them on this," the spokeswoman, Sarah Spencer, said. "They are a great partner."

Wal-Mart is pricing the iPad starting at $399, down from $499. Beginning December 17 the retailer said it will throw in a $30 iTunes card.

Wal-Mart is selling the 16 GB iPhone 4S for $47, versus an original price of $89.97, it said.

Apple did not respond to a request for comment.

Wal-Mart's cooperation with Apple is a contrast to its relationship with Amazon.com Inc, the world's largest Internet retailer.

In September, Wal-Mart said it would stop selling Amazon's Kindle eReaders and tablets, placing a bet that consumers would be more interested in Apple's gadgets. This spring, Target Corp stopped selling Kindle devices.

(Reporting by Alistair Barr; Editing by Dan Grebler)