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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: MGV who wrote (165538)	2/6/2014 10:18:37 PM
From: slacker711	1 Recommendation Recommended By HerbVic Read Replies (2) \| Respond to of 213182

Perhaps Cook was just being cagey, but it is an odd way to phrase it. businessinsider.com Tim Cook Has A Somewhat Baffling Answer When Asked About Apple Doing New Product Categories This Year JAY YAROW 11 MINUTES AGO 0 Tim Cook gave an extended interview to the Wall Street Journal's Daisuke Wakabayashi. During the interview, he was asked again about Apple entering new product categories this year. On Apple's last earnings call, Cook was asked if Apple was doing new product categories this year, and he said, "Absolutely." Wakabayashi tried to get more clarity on what that really means, Cook's answer ended up clouding the issue further. At first he said, "There will be new categories. We're not ready to talk about it, but we're working on some really great stuff." When he was pressed on whether that means new iterations of the iPad, or entirely new stuff that doesn't exist at all, Cook declined to comment. He just said that any "reasonable" person would consider what Apple is working on to be a new category. Cook's various statements about new product categories have gotten people amped up about the possibility of either an iWatch, or a television. If Apple released those, there would be no need for clarification about a "reasonable" person interpreting what they mean for Apple. By saying a "reasonable" person will see the new products as new product categories, it adds just enough mud to the water to suggest that maybe Apple is only going to release an iPhablet this year, which would be a new category, but not exactly what people are anticipating. For Apple, managing expectations right now is pretty important. If doesn't deliver something big in a new category, then the stock is likely to be hammered, and investors will get frustrated with Cook and his leadership. We're still expecting something totally different from Apple, but this "reasonable" person comment is just off enough to make us think there's a chance Apple doesn't deliver this year. Read more: businessinsider.com

To: MGV who wrote (165538)	2/7/2014 12:11:30 AM
From: ggamer	1 Recommendation Recommended By Moonray Read Replies (1) \| Respond to of 213182

Cook's statements describing the move suggest the former more than the latter. It should move the share price tomorrow. The 1st sentence below is a bit snarky by the WSJ. online.wsj.com Mr. Cook said Apple was "surprised" by the 8% decline in its shares on Jan. 28, the day after it reported lower iPhone sales than projected and warned that revenue in the current quarter might decline from the same period a year ago. Mr. Cook said he wanted to be "aggressive" and "opportunistic."It means that we are betting on Apple. It means that we are really confident on what we are doing and what we plan to do," said Mr. Cook, speaking in a conference room at the company's corporate headquarters here. "We're not just saying that. We're showing that with our actions." Those are pretty strong words for a CEO, and normally CEO don't talk about stock price and let alone the performance of their stock price. Did TC take some big risk by saying these statements in public and would Apple be in trouble if the stock goes lower than 500 in the future. Apple lawyers should get their act together once the stock goes below $500. I say the line in the sand has been established and the rock bottom price at this point is $500. I am hoping that one day we will get the $200 stock price after a 4-to-1 stock split at $800 :). Cheers!