It really is just a weird situation. They sold a record number of iPhones for at least the quarter, are stupendously profitable, etc. etc., but the stock market has such ludicrously high expectations that poor Tim Cooke just can't keep up.
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GasBandit
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Yeah, I think I got on that train a little too late. Same with WDC.
Talk about a reality distortion field! "Apple sold 47.8 million iPhones!" "Well, the Street expected them to sell 50 million, so they missed expectations and you should dump all your stock." "Dude, they only had 47.8 million iPhones!" "Yes, and that's why they missed estimates!"
I am so glad I no longer work in securities, if this is the sort of "wisdom" being passed around these days.
--Patrick
Is it because errbody loves errbody?
GasBandit
Staff member
I wish I'd put real money into the things I put halbucks into. But I'm askeered.
GasBandit
Staff member
... hip wader manufacturers?
Don't feel bad... my Stratasys stock was doing solid... around a 15% gain.
Now I have almost the worst rated portfolio here. So much like the real stock market (at least I don't have to get depressed over these losses).
Now I have almost the worst rated portfolio here. So much like the real stock market (at least I don't have to get depressed over these losses).
GasBandit
Staff member
... and stories like those are why I'm scared to put my sawbucks where my halbucks are. I'd rather convince myself that the fund managers of my IRAs know better than me what to do (although Janus did about as well for me over the last 5 years as if I'd just invested in DJIA and ignored it, grumble grumble. T Rowe Price has been better somewhat.).
So what your saying is that the stock market is too unpredictable for the common man and that your unsure of how to use it for your advantage (if it even has one)? Why do you hate capitalism, Gas? You need to go out and buy stocks. FEED THE BEAST!
GasBandit
Staff member
I didn't say the common man. I definitely am not common. I said for me.
And I do buy stocks. Like I said, I have two IRAs full of mutual funds managed by people with way more tools than I have.
Though, I will say I got my tip on P&F from AAII.com. I'm pretty convinced that anyone who wants to get into investing "for reals" would really benefit from paying to be a member there.
Mines still worse
I'm not doing anything at all, not follwing closely, and I've invested almost exclusively in banks and super-safe stocks and like....And I'm still getting easily DOUBLE the return I'd get from a savings account around here. I might have to start playing on the stock market as the very super safe investor - "low" returns are still way higher than anything any bank'll give me, even after deducting taxes and folder managing costs. Ridiculous.
Superbowl is on Sunday, so it's time to dump my superbowl stocks.
I don't know what to invest in next, though. I put a finger on Apple as I expect the rumor mill about this year's releases (iphone 5S or 6, ipda mini generation 2, Ipad generation 5, the continuing merging of OSX and iOS, etc) should be tipping over again in the next month or two.
But I don't want all my eggs in one basket.
Guns are holding pretty stready, which means they're probably due for a drop, so I'm going to sell them as well. Cabella's has been particularly profitable.
I don't know what to invest in next, though. I put a finger on Apple as I expect the rumor mill about this year's releases (iphone 5S or 6, ipda mini generation 2, Ipad generation 5, the continuing merging of OSX and iOS, etc) should be tipping over again in the next month or two.
But I don't want all my eggs in one basket.
Guns are holding pretty stready, which means they're probably due for a drop, so I'm going to sell them as well. Cabella's has been particularly profitable.
Apple may make short-term gains but it's not going to be a must-buy stock again until they get another Steve Jobs or a few years pass. It doesn't matter how well their products sell. It doesn't matter that Wozniak is still doing the heavy lifting in the tech development. It only matters that Jobs is gone and now the company is feeling the after effects of building such a cult of personality around him. Microsoft is going to be in the same boat when Gates leaves for good.
Really, this is all about public perception.
Really, this is all about public perception.
I don't know about that. They've taken a drubbing recently, and the iPad mini shows that they now believe Android and companies using Android to be a viable threat.
They still have legs, though. Looks like the next phone is due this summer, and the next ipads this fall. The iPad is going to be available with 128GB of flash starting next week, and this spring Microsoft is set to release iPad versions of it office software. This doesn't make a lot of sense to me since they've just released the surface, and the intel based surface should be out soon, running all windows program natively. This should actually put a huge dent into the iPad, but will make less of a dent if you can run MS Office on the iPad.
They still have legs, though. Looks like the next phone is due this summer, and the next ipads this fall. The iPad is going to be available with 128GB of flash starting next week, and this spring Microsoft is set to release iPad versions of it office software. This doesn't make a lot of sense to me since they've just released the surface, and the intel based surface should be out soon, running all windows program natively. This should actually put a huge dent into the iPad, but will make less of a dent if you can run MS Office on the iPad.
It's all about market saturation at this point. Microsoft is developing for competing platforms because it wants Windows to be as ubiquitous on handhelds as it is on PCs. When people can get the familiarness of Windows on a trendy Apple product, Microsoft wins big.
They are banking on PCs leaving the home market in favor of handhelds the next few decades and this is just them trying to get an early lead.
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