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

To: i-node who wrote (169954)	5/29/2014 1:45:55 AM
From: Ryan Bartholomew	Read Replies (1) \| Respond to of 213176

It looks to me like Apple is doing a pretty reasonable job of securing its existing user base and inciting growth. An excellent job IMO. And a brilliant job of marketing. My greatest concern with owning Apple for some years has been "where to from here?" It has always been obvious that cheap alternatives would own a bigger chunk of the market and that Apple would be beaten down disproportionately the first time they looked weak. Anyone who didn't see that coming wasn't paying attention. Ditto. Before it is over with they're going to be in every brand of car. While the lead time in the auto industry has always been long (in the past 36 months, but OEMs are have been working for years to get that down to something more reasonable), they will be motivated. And that will do more to encourage iPhone sales than anything else I can think of. It will extend the marketing life of the iPhone considerably and be a good driver of new sales. Perhaps, but if it happens, they won't be the only choice in every brand. They'll be alongside Android and perhaps others. The precipitous drop in Apple shares was reasonable, as people were concerned about the lack of innovation. It seems like that concern has been mitigated; I see no reason the stock can't come back to 700+ at this point. I won't be shocked if it moves to new highs, but I disagree that concerns about a lack of innovation have been alleviated (if you believe that was a catalyst for the drop). What innovations have they made (I think you'll agree that colors, sizes, and addition of features that others already had aren't innovations) since late 2012? Certainly no notable new products or game-changing improvements on existing ones.

To: i-node who wrote (169954)	5/29/2014 11:37:53 PM
From: MGV	Read Replies (1) \| Respond to of 213176

If you thought the "precipitous drop in Apple was reasonable" you were not buying shares sub 500. Too bad for you. The drop in Apple was clear evidence that market pricing is not efficient in the short term. A year ago Apple was selling for 388. There isn't much more than perception that has changed. The culture hasn't changed. The product pipeline hasn't changed. The management hasn't changed. The strength of the balance sheet hasn't changed. The culture hasn't changed. The bearish arguments haven't changed. The precipitous drop in Apple shares was reasonable, as people were concerned about the lack of innovation.