Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 Inc. -- Ignore unavailable to you. Want to Upgrade?

To: zax who wrote (149184)	1/25/2013 2:53:10 PM
From: pyslent	2 Recommendations Read Replies (1) \| Respond to of 213176

I've consistently said that Apple's margins and market share were wholly unsustainable, Personally, I think the hate has gotten a little ahead of itself. Where is there any evidence that this is happening? Stock price aside, Apple's business has never been better, especially the iPhone business, where they continue to grow volume while exhibiting unbelievable pricing power. There's nothing in Apple's report that indicates that these metrics are not being sustained. On the iPad side, obviously, ASP has come down with the $330 mini and the $400 iPad2. There's little doubt in my mind that Apple sold fewer full cost models in the X-mas quarter in 2012 vs. 2011, so there's some degree of cannibalization going on. Still, iPad revenue grew, so the lower cost models seem to be doing their job, and presumably, at a decent margin. Apple's stock price is being punished because it didn't meet the Street's expectations for growth. Maybe it isn't the type of company that can generate $60 billion in annual profit. Maybe it should only be expected to make an Exxon-like $40B a year. And the valuation now reflects that. You obviously think Apple's profits will inevitably decline. But we haven't seen any evidence of that.

To: zax who wrote (149184)	1/27/2013 5:57:35 AM
From: Cogito	9 Recommendations Read Replies (3) \| Respond to of 213176

The collapse has barely begun. The $250,000,000,000 that has evaporated in weeks is just the beginning. There's just now way to discuss that without coming across as personal. It is quite personal for you, I know. I'd best stay out of it. The back and forth is just so boring, and the only way to liven it up is to get creative in how one refers to one's opponent. You've gotten lucky in the past few months, just in terms of the price action, which a person who isn't familiar with the facts might say meant that you had made the right call. If you believe what you say, that Apple's collapse has just begun, and that the stock is going to go down significantly from here, then why don't you establish a major short position? Put your money where your mouth is. Here's an article that explains the situation pretty well. Not that you'll "get" it. I just thought I'd give you the chance. seekingalpha.com