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Posted by kywee on :
 
Apple's stock has been in a downfall for the last few days. IMO it's falling because of the conservative reports Apple presented. I think it will start to go back up soon, so I was thinking about getting in at the bottom of this trend.

Anyone have any opinions on this? I would like to hear them. It seems like you could grab an easy 10% if you play it right.

Also I think it was just correcting itself from the overbought position.

 -
 
Posted by kywee on :
 
"We are thrilled to report the best quarter in Apple's history," said Steve Jobs, Apple's chief executive. "We are working on more wonderful products for 2006, and I can't wait to see what our customers think of them."

Source

I don't want to sit on the sidelines and watch it double in another 2 months like it did back from Sept.
 
Posted by Russell Jones, O.D.B. on :
 
bullish!
 
Posted by 6digits on :
 
Good find just picked up a couple a million shares.
 
Posted by Mortimer on :
 
6, look into Bershire Hathaway Inc (NYSE:BRK.A) as well. It's down $1200 today so should be a good time to get in.
 
Posted by NEL on :
 
I bought this at $48 so I'm riding free and easy!!!
 
Posted by Russell Jones, O.D.B. on :
 
So, whaddaya guys think, eh? Still targeted at 99? Sell when?
 
Posted by KP on :
 
Isn't STEVE JOBS doing that presentation tomrrow about the future of his company and so forth..technology, etc.?
 
Posted by NEL on :
 
KEEP!!! The announcements today were fabulous. I have this free from $48 as well.
 
Posted by Ace of Spades on :
 
This will blow through $99. The IPOD was one of the biggest products this millenium...A cult product. This iPhone is gonna be aMega Product. Might get a 52 week high by EOD. Plus they also have Apple Tv now.

This chart and iPhone spell break-Out...The MACD and it just passed the 40-day moving average.

Booya ! I loaded my whole portfolio into AAPL this afternoon + margin. If it makes sense it makes Dollars

The volume bars on the left of the chart, tell you where the most shares were bought, at what price level...as you can see, most of the volume was around the opening price today and at the closing price.

 -
 
Posted by milliam on :
 
Hmmm....looks like a good candidate for Call options [Big Grin] .
 
Posted by NEL on :
 
There iPhone product will be a phenomona, looks like Cingular is their carrier of choice as well.
 
Posted by Ace of Spades on :
 
quote:
Originally posted by milliam:
Hmmm....looks like a good candidate for Call options [Big Grin] .

Yeah...there were a few up over 100% today

http://finance.yahoo.com/q/op?s=AAPL
 
Posted by Ace of Spades on :
 
New revenue from iPhone

Steve says he's shooting to sell 10 million iPhones in 2008, the first full year in which they'll be available. That's about 1 percent of the global market for mobile phones; 957 million were sold worldwide in 2006. It "sells" for $500, but that's with a two year Cingular plan- and Cingular is probably kicking in..what...maybe $200 to Apple for the 2 year customers.

Now, if they sell as many as Steve is hoping..lessee... 500 plus 200 times 10 million...

That's ~$7 B, folks. Brand new revenue, from a new market for Apple, with relatively little cannibalization of their other products.

 -
 
Posted by Taguchi1 on :
 
wow....that is the first look I have seen of the phone. That is SWEEEEEEEEEEEEET!!!!
 
Posted by RagingBull on :
 
put on the breaks,,,,,,, only cingular users could use this product may I remind everybody that cingular sucks , unless everybody decides to leave verizon and sprint tmobile to get cingular so they could buy a 500 dollar celllphone , in that case im buying Cingular shares not AAPL
 
Posted by Ace of Spades on :
 
quote:
Originally posted by RagingBull:
put on the breaks,,,,,,, only cingular users could use this product may I remind everybody that cingular sucks , unless everybody decides to leave verizon and sprint tmobile to get cingular so they could buy a 500 dollar celllphone , in that case im buying Cingular shares not AAPL

AAPL Traded 10 Billion Dollars today...Earnings Comming...and it was upgraded

I think I'm happy holding AAPL right now [Wink]
 
Posted by Livinonklendathu on :
 
Up another buck in pre market - new 52 week high.
 
Posted by Jo4321 on :
 
Check it out!

http://www.apple.com/appletv/?cid=CDM-NA-3740B

quote:
From the ad:
Your computer is the center of your digital life. Your TV is the center of your entertainment life. But what if you want to watch movies, TV shows, movie trailers, podcasts, and photos from your computer on your TV? At $299, Apple TV brings iTunes to the big screen.

The revolution will be televised.
Say you’ve just downloaded Cars from iTunes. Instead of huddling around your computer to watch, you pop some popcorn while your computer wirelessly syncs your new flick to Apple TV. Then you pull up a seat, put up your feet, and pick up the included Apple Remote to play your movie on TV. Give yourself a hand: You've just changed the way you watch digital media.

iTunes to Apple TV, wire free.
Apple TV connects to your TV via an HDMI port or component video and audio ports. Its built-in, superfast 802.11 wireless capability syncs your iTunes library to any Mac or PC in the house. Best of all, what's on Apple TV stays in sync: Anytime you change your library in iTunes, it changes on Apple TV — wirelessly, automatically.

What’s on TV? Whatever you want.
Apple TV puts your iTunes library — movies, TV shows, music, and podcasts — plus movie trailers from Apple.com on your TV. And your digital photos from iPhoto on a Mac or Adobe Photoshop Elements or Adobe Album on a Windows PC appear in high definition, so you can put on a stunning big-screen slideshow.


 
Posted by Ace of Spades on :
 
UPDATE 1-RESEARCH ALERT-Citigroup raises Apple Inc price target

Current Prior Price target $98 $85

--Citigroup raised the price target on computer maker after the introduction of the highly anticipated iPhone on Tuesday.
 
Posted by Ace of Spades on :
 
Holy Cow ! ! !

[Eek!] [Eek!] [Eek!] [Eek!] [Eek!] [Eek!] [Eek!]
 
Posted by Livinonklendathu on :
 
97.40 - this is a fun ride
 
Posted by Livinonklendathu on :
 
CSCO -- Cisco Systems, Inc.
Com (No Par)

COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:

Cisco Systems Inc. sues Apple Inc. over use of IPhone name

SAN FRANCISCO, Jan 10, 2007 (The Canadian Press via COMTEX) -- Cisco Systems sued Apple Inc. in U.S. federal court Wednesday, saying the computer maker's new IPhone violates its trademark.
The lawsuit, filed in U.S. District Court for the Northern District of California, came just a day after Apple CEO Steve Jobs unveiled the Apple IPhone in dramatic fashion at a trade show in San Francisco.

But even while Jobs was trumpeting the product during his keynote address to Apple faithful, the matter of the product's naming had not been resolved behind the scenes between two of the biggest names in Silicon Valley.

San Jose-based Cisco, the world's largest network-equipment maker, has owned the trademark on the name "IPhone" since 2000, when it acquired InfoGear Technology Corp., which originally registered the name.

And three weeks ago, Cisco's Linksys division put the trademark to use, releasing an Internet phone called "IPhone" that uses the increasingly popular Voice over Internet Protocol, or VoIP.

But on Tuesday, Jobs unveiled Apple's own IPhone, a "game-changing" touch-screen-controlled cell phone device that plays music, surfs the web and delivers voicemail and e-mail.

Apple spokeswoman Natalie Kerris said she could not immediately comment on the lawsuit.

Cisco said Tuesday it had been negotiating for several years with Apple over a licensing agreement, but that Apple lawyers had not signed and returned the final contract.

"Cisco entered into negotiations with Apple in good faith after Apple repeatedly asked permission to use Cisco's IPhone name," said Mark Chandler, Cisco senior vice-president and general counsel, in a statement. "There is no doubt that Apple's new phone is very exciting, but they should not be using our trademark without our permission."

Cisco is seeking injunctive relief to prevent Apple from copying Cisco's IPhone trademark.

"Today's IPhone is not tomorrow's IPhone. The potential for convergence of the home phone, cellphone, work phone and PC is limitless, which is why it is so important for us to protect our brand," Chandler added.


JORDAN ROBERTSON

The online source for news sports entertainment finance and business news in Canada

Copyright (C) 2007 The Canadian Press (CP), All rights reserved

-0-
 
Posted by Taguchi1 on :
 
this should be interesting......pullback on news, Apple and Cisco agree to terms, phones go to market....up up and away! IMO

GLTA! Took profits today!
 
Posted by Ace of Spades on :
 
It seems like Cisco planned this, Mabey Apple, too...to cause more hype. Otherwise Cisco is just jellous.
 
Posted by dinner42 on :
 
Ace, how come you always have 911 posts?
 
Posted by Ace of Spades on :
 
quote:
Originally posted by dinner42:
Ace, how come you always have 911 posts?

What do you mean ?
 
Posted by Ace of Spades on :
 
Booya ! APPL going to explode tommorow....hopefully of a $100 [Big Grin]

Can't wait for money to start pooring in from the Iphone... [Big Grin]
 
Posted by NEL on :
 
Yah, I can't wait!!! Got all free shares at this point.
 
Posted by Ace of Spades on :
 
Blood bath ! Ha ha !
 
Posted by NEL on :
 
What the h? Earnings up 71%, stock down...
 
Posted by Repoman75 on :
 
They didn't meet expectations.
 
Posted by keeptrading on :
 
They not only met expectations, but they blew them away. However, they were very cautious in regard to the foward looking guidance.
 
Posted by kywee on :
 
AAPL is hot again. Volatile but very good opportunities.
 
Posted by kywee on :
 
Closed at $105 today. Lots of hustle leading up to the iPhone release in June.
 
Posted by kywee on :
 
Up again today
 
Posted by kywee on :
 
$106.88
 
Posted by kywee on :
 
Still climbing past 108
 
Posted by Mysticobra96 on :
 
Man $110 puts are looking pretty good right here. Whats everyone think for some June $110 puts?
 
Posted by kywee on :
 
$112
 
Posted by gomindu on :
 
115$
 
Posted by kywee on :
 
Over $121, anyone buy in this monster?
 
Posted by ityab0y on :
 
bought at 108 a few weeks ago
 
Posted by Jo4321 on :
 
[Big Grin] I bought at $60.00 last year.....


[Mad] But I sold at $70.00 (sheepish grin)
 
Posted by Ace of Spades on :
 
AAPL was a no-brainer the day they revealed the IPHONE ! ! !
 
Posted by kywee on :
 
Yes it was an easy call. Hopefully someone took my advice and made a good flip.
 
Posted by Livinonklendathu on :
 
Nuts!

http://cell-phones.search.ebay.com/iphone_Cell-Phones_W0QQ_trksidZm37QQcatrefZC1 2QQfromZR40QQsacatZ146487
 
Posted by Jo4321 on :
 
Something strange with that first auction. 3 bidders and it's up to $15,300 when there are Buy it now auctions right below it for $900.00 (which I think is still too much).

http://cgi.ebay.com/Apple-iphone-8GB-8-GB-i-phone-Mac-cell-phone-FREE-SHIP_W0QQi temZ290134220620QQihZ019QQcategoryZ64355QQrdZ1QQcmdZViewItem
 
Posted by Ace of Spades on :
 
http://search.ebay.com/search/search.dll?sofocus=so&sbrftog=1&catref=C6&from=R10 &_trksid=m37&satitle=IPHONE&sacat=-1%26catref%3DC6&sargn=-1%26saslc%3D2&sadis=20 0&fpos=ZIP%2FPostal&fbfmt=1&sabfmts=2&fobfmt=1&saobfmts=insif&sagttf=1&ftrt=1&ft rv=1&saprclo=&saprchi=&fsop=3%26fsoo%3D2&coaction=compare&copagenum=1&coentrypag e=search
 
Posted by Jo4321 on :
 
Ha, that auction I mentioned was pulled.

This listing (290134220620) has been removed or is no longer available. Please make sure you entered the right item number.
If the listing was removed by eBay, consider it canceled. Note: Listings that have ended more than 90 days ago will no longer appear on eBay.
 
Posted by toothpick on :
 
they have more than enough stock. them ebayers aint gonna be happy
 
Posted by IMAKEMONEY on :
 
SHORTING IT!! FROM 126
 
Posted by Free Muney on :
 
i am shorting it too. but we'll see if pr bonanza's keep this thing running.
 
Posted by dollar13 on :
 
[Eek!] [Eek!] [Eek!]
 
Posted by Ace of Spades on :
 
Yeah...I personaly wounldn't short it , Even if the chart says so which I don't think it does. With this type of hype and momo, the chart doesn't matter. Who knows what type of possitive articles or estimates could come out.

You could be right about shorting it, but I wouldn't feel comfortable.
 
Posted by Ace of Spades on :
 
Shorts getting crushed today on APPLE!!!!
 
Posted by TimW on :
 
Id hardly call 2% crushed...
 
Posted by Ace of Spades on :
 
It is if you're short a few thousand shares...
 
Posted by owenbv on :
 
if apple doesn't meet expectations on the 25th it will get crushed because of all this hype. then i'll take another long position, and the stock should move well past its current price with the release of leapord, next gen iphones, and i anticipate the release of an iphone style ipod once some of the iphone hype dies down.
 
Posted by Ace of Spades on :
 
I think there will be some great Intra-Day shorts trades possible...but APPLE is very risky to hold a short possition over night with this much hype and such a great and new product...

but I will be very happy for any shorts at this board or any where that make great money on the plays...that's what it's all about.

Good Luck!
 
Posted by TimW on :
 
Anticipation costs money, especially in Apples world.

IMO its still well worth shorting due to many reasons:

The iPhones competitor RIMM, since the iphone release, has gone from $160ish to well over $200 a share.

#1 APPL products are PLAGUED with failures out of the box. I dont really remember them ever making a product that was not recalled. Its just a matter of time for the iphone.

#2 iPhone really missed its target. the iPhone is to appeal to younger generations, who do not spend $600 themselves on a phone. They produced it to be a blackberry/mobile office killer, not a teenerager/young adult phone.

HUGE mistake.

#3 service plan costs. Ouch.

#4 the iphone cannot be operated easily with one hand. Cell phones are supposed to be convenient, not clumsy.

If its to be convenient for all of those with a busy life it needs to operate quickly and effeciently.. not hold it with one hand and touch it with the other. Thats what genitals are for.


I plan to see a bit of a grow slowly for APPL while the hype is still hot, then it will fizzle down into a much nicer shortable position.

As of now its still dangerous to short, thats for sure.
 
Posted by kywee on :
 
In my opinion Apple is selling a lifestyle, not trying to take over a specific market. I think some people are missing that perspective.
 
Posted by TimW on :
 
True, but its a lifestyle that costs too much for the kids that want it and a lifestyle thats impractical to those who can afford it.

Hence they missed they missed the target...

$600 up front and plans of around $100/month is a little much for a grocery bagger to front and their parents to swallow.
 
Posted by kywee on :
 
It's hard for me to agree with you when you say their products are for kids.

You talk about $600, what about the Mac Pro that cost at least $3,000 or the average iPod for $250 that has sold millions. I could go on and on but I don't think the point can even be argued.
 
Posted by Ace of Spades on :
 
3rd Qtr rev is expect by analysts to be 5.2 bill. Rumor is every 1 million iPhones equals 6 cents per share bottom-line profit. Today = $2 million in profit, or about 2 cents a share.

Not a bad way to end the qtr. Look for blowout #s later this month.

According to rough estimates they believe Apple sold 500k units over the weekend

"some analysts claimed that the iPhone launch would be a failure if Apple failed to sell 100,000 iPhones during the first weekend."

http://www.gadgettastic.com/2007/07/01/500000-iphones-sold-this-weekend/

Jobs has targeted sales of 10 million units in 2008, which would give Apple a 1 percent share of the global market and at least $5 billion in revenue that will be recorded in quarterly increments over two years.

Piper Jaffray said this month Apple could sell 45 million units in 2009, putting the iPhone on par in terms of revenue with its two key businesses, the Macintosh computer and iPod.

http://www.earthtimes.org/articles/show/77659.html
................................................
Apple iPhone margins 55 pct, shares rise: ISuppli...Here's link

NEW YORK (Reuters) - The most expensive iPhone model could deliver profit margins of more than 55 percent for Apple Inc. (Nasdaq:AAPL - news), according to iSuppli, which examined the components of the widely anticipated device

Apple shares rose after the research firm said hardware and manufacturing cost $265.83 or about 55 percent of the $600 iPhone model, which has eight gigabytes of storage.

In January, iSuppli, which does not include costs for royalties and logistics, said it had estimated a $264.85 hardware and manufacturing cost for the eight-gigabyte device.

Apple shares rose $4.42 or almost 4 percent to $125.68 on Nasdaq after the news. Shares of AT&T Inc. (NYSE:T - news), the exclusive U.S. service provider for the phone, were down 35 cents at $41.50 on the New York Stock Exchange.

.................................................

Up to 700,000 iPhones have sold

By Jefferson Graham, USA TODAY
2 hours, 37 minutes ago

http://news.yahoo.com/s/usatoday/20070703/tc_usatoday/upto700000iphoneshavesold; _ylt=AmF6U756whieK5zvrjtH0iUjtBAF

http://news.yahoo.com/s/usatoday/20070703/tc_usatoday/upto700000iphoneshavesold; _ylt=AmF6U756whieK5zvrjtH0iUjtBAF

Apple's (APPL) highly touted iPhone "all but sold out" its initial shipment in both Apple and AT&T (ATT) stores after just three days of sales, the companies said Monday.

Neither Apple nor AT&T disclosed precise sales figures. Tech and telecom analysts estimated sales of 500,000 to 700,000 units of the combination phone, iPod and pocket Internet device by Sunday.


"It's a phenomenal start," said Gene Munster of equity firm Piper Jaffray. "Apple had an incredible weekend."


Munster's sales estimate: $250 million.


Munster estimates that 95% of iPhone buyers bought the more-expensive $599 iPhone with 8 gigabytes of storage (it's also available for $499 with 4 GB of storage) and that Apple kept most of the phone inventory for its own retail stores.


"The big flagship Apple Stores had as many as 10,000 phones per store, compared to about 50 at the AT&T stores," he said.


Still, AT&T spokesman Mark Siegel said, "We sold more iPhones in the first weekend of sales than in the first month of sales for any device in AT&T history."


In a note to investors, analyst David Bailey at Goldman Sachs wrote that Apple had more initial stock on hand "than any other product introduction we could remember for the company."


When it was introduced in 2004, Apple's colorful iPod Mini quickly sold out, and Apple had shortages for weeks.


Apple spokeswoman Natalie Kerris wouldn't say which stores have inventory left. But she says new phones are being delivered daily. "The response to the iPhone has been incredible. We're thrilled," she said.


Apple has a website tool (www.apple.com/retail/iphone) that lets consumers type in their ZIP code to determine - after 9 p.m. local time - where to find an available iPhone the next day.


Over the weekend, some customers contacted Apple and AT&T to complain of long waits to activate the phone, but AT&T says the problems have been addressed and fixed.


The problems are "substantially behind us," spokesman Siegel said.


Since activation of the phone takes place at home, not in the store as with most cellphones, Apple cashiers were able to move a lot more phones over the weekend, Munster said. "They could process up to 1,000 sales per hour," he said.


Munster watched the action from the huge Apple Store on Fifth Avenue in New York City. He says he saw few people adding Mac computers or iPods to their baskets. "The extras will come later," he says. "Most people went in to get an iPhone, picked up a case or extra charger and left. They wanted to get home and play with the phone."
 
Posted by kywee on :
 
The ratio was 4:1 when ordering the $600 model to the $500 model.
 
Posted by Ace of Spades on :
 
iPhone lust spans the globe -- in West Windsor

An international crowd lines up at AT&T store in Nassau Park shopping center to be among the first to buy trend-setting device

http://www.pacpub.com/site/news.cfm?newsid=18545613&BRD=1091&PAG=461&dept_id=425 695&rfi=6

WEST WINDSOR — Max and Jack Kelleher had been casing the Nassau Park AT&T store for days, ready to camp outside at the first sign that a line was forming for Apple's coveted multimedia iPhone.
The two brothers, British nationals living in Hopewell and attending The Lawrence School, were determined to be at the head of the line when the store opened its doors at 6 p.m. Friday to begin selling the much-promoted phones.
The iPhone, at $499 or $599, triples as cell phone, multimedia player, and an Internet browser, giving its users the ability to talk on the phone, wirelessly surf the Internet, and download music, movies, and TV shows.
Oh, and it's a camera as well.
The Kelleher brothers claimed their place outside the store at 8 a.m. Friday, prepared to camp there for a full 10 hours, leaving only to take turns for food runs and bathroom breaks in the shopping center. They said the wait would be worth it.
"This is just going to be such a revolutionary product," said Max, 13,sitting with his iMac laptop in hand during the vigil. "It's like buying a piece of the future."
"I love buying technology that is going to do well," said Max. "When we lived in France, we used iMac computers, and we've been using Apple products ever since."
Jack Kelleher, 15, had come to watch over his little brother, but he said he was contemplating purchasing an iPhone for himself once he got inside the store.
"The touch-screen is a really great feature of the iPhone," said Jack. "I really might end up buying one once I get inside."
By 4 p.m. Friday, about 30 people had joined the Kelleher brothers on line. Most said they were really excited about the iPhone's touch-screen functionality and the capability to combine several of their favorite gadgets into one.
Another Hopewell resident, Yagul Davis, said he was disappointed that the store was enforcing a one-phone limit per customer.
"I own an iPod, iMac, and another Apple computer, but this is the future of Apple," said Mr. Davis, a Mexican immigrant. "Once I get it, I'm going back to Mexico City to show it off in Mexico, and see how it works."
When he actually goes back to Mexico with his iPhone, Mr. Davis will be bringing a product that won't even be available in his native country until next year. A European release is planned for late 2007 but the iPhone is not scheduled to go on sale in Mexico, Australia and Asia until sometime in 2008.
The iPhone, available a 4 gigabyte $499 version and a 8 gigabyte $599 version, comes with varying service plans that start at around $60 a month.
Apple developed a new method of phone activation for the iPhone, relying on iTunes music software and the customer's computer rather than a time-consuming process at AT&T stores.
Customers simply plugged their phone into their iTunes-enabled computer and followed steps to activate their phones, although there have been numerous reports of problems with the activation process.
The touch-screen featured on the iPhone is only responsive to human fingers, or any material similar to human skin, not requiring a stylus or similar implement used on other products.
 
Posted by Ace of Spades on :
 
quote:
Originally posted by TimW:
Id hardly call 2% crushed...

It's a lot more than 2% now...LoL
 
Posted by TimW on :
 
Yep shes still movin on up
 
Posted by toothpick on :
 
thank god i didnt short at 127. its 131 now. crazy.

i remember reading a article on marketwatch by someone quite respected saying he believes that the iphone has aready attributed to the share price during the hype. boy is he wrong lol
 
Posted by Ace of Spades on :
 
If you look at the chart, the tiny pull back has been over...It's getting ready to go much higher...the RSI and stochastis aren't OVER-BOUGHT yet...also the MACD is about to turn bullish again....this is goin much higher...I say at least $140
 
Posted by IMAKEMONEY on :
 
STILL SHORT, GONNA CUT MY LOSES AT 135 IF IT GOs THERE. [Razz] [Eek!] [Razz]
 
Posted by Ace of Spades on :
 
...well here's your $132.....Booya!!!! [Razz] [Eek!] [Razz]
 
Posted by IMAKEMONEY on :
 
NOT TILL 135 [Wink] [Wink] [Wink]
 
Posted by Ace of Spades on :
 
Reuters

[Wink] [Wink] [Wink]

Apple up on iPhone sale expectations

[Wink] [Wink]

Thursday July 5, 2:50 pm ET

[Wink] [Wink] [Wink]

NEW YORK (Reuters) - Shares of Apple Inc. (NasdaqGS:AAPL - News) rose more than 3 percent on Thursday as investors bet on strong demand for its media-playing iPhone, almost a week after its U.S. launch, and speculation mounted over plans to sell the device in Europe.

Analyst estimates for iPhone sales in its first weekend run as high as 700,000 units and investors are expecting that momentum to continue.

AT&T Inc. (NYSE:T - News), the exclusive U.S. provider for the phone, said it had virtually sold out of the device in that time, though neither company has provided sales data.

"The stock is obviously anticipating very very strong sales for the iPhone and very good follow-through sales," said Andy Hargreaves of Pacific Crest Securities. "The stock isn't going to be a one-month wonder."

Apple has said it will start selling iPhones in Europe this year and in Asia in 2008, but gave no further details.

European media reports this week have said Apple may be close to deals with carriers in France, Germany and Britain, a three-country strategy that would mimic the launch of its popular iTunes online music store in Europe in 2004.

Apple shares have increased more than 50 percent since the company unveiled in January the cell phone that combines Web browsing with the music and video playing capabilities of its best-selling iPod device.

"People are anticipating strong sales to continue through next year," said Hargreaves. "If you don't believe that's true then definitely the stock is expensive. we're kind of on the side that the momentum will continue."

Hargreaves has a 12-month price target of $130 for the shares. That does yet not include full expectations for events such as widening iPhone distribution to electronics retailers including Best Buy (NYSE:BBY - News).

Hargreaves said he expects Best Buy to start selling the phone in time for back-to-school shoppers.

Investors are also keeping close watch for news on how quickly Apple is able to replenish stocks of the phone and indicators of its financial impact. Research firm iSuppli said on Tuesday the phone would generate a 55 percent profit margin, after hardware and manufacturing costs.

In Europe, wireless operators including Vodafone Group Plc (LSE:VOD.L - News), T-Mobile, owned by Deutsche Telekom (XETRA:DTEGN.DE - News) and Orange, owned by France Telecom (Paris:FTE.PA - News) have been cited as potential iPhone partners.

Telefonica's (MCE:TEF.MC - News) 02 said on Thursday that it had not signed a deal with Apple after reports that it was poised to clinch the first European agreement in what would be a blow to Vodafone, which operates in multiple countries.

"It would be a somewhat of a disappointment" if Vodafone did not reach a deal with Apple since it is such a large carrier size, Hargreaves said.

Apple shares were up $3.18, or 2.5 percent, to $130.35 on Nasdaq in the early afternoon, after trading as high as $131.75 earlier in the session. AT&T shares were down 31 cents to $41.19 on the New York Stock Exchange.

(Reporting by Sinead Carew in New York, additional reporting by Kirstin Ridley in London)
 
Posted by IMAKEMONEY on :
 
NOW WATCH IT FALLLLLLLLL! LOL [Razz]
 
Posted by Ace of Spades on :
 
I think it might gap above $135....why not just cut your loss now? ? ? [Roll Eyes]
 
Posted by dollar13 on :
 
HUGE VOLUME [Eek!] [Eek!] [Eek!]
 
Posted by Ace of Spades on :
 
AAPL reports earnings at the end of month...it might run until then...
 
Posted by Happy Valley on :
 
quote:
Originally posted by dollar13:
HUGE VOLUME [Eek!] [Eek!] [Eek!]

Over 51 million...T&S screen will give you a headache if you watch it for more than 30 seconds...lol
 
Posted by IMAKEMONEY on :
 
quote:
Originally posted by Ace of Spades:
I think it might gap above $135....why not just cut your loss now? ? ? [Roll Eyes]

NOPE ILL LIVE,LOL [Roll Eyes] [Roll Eyes] [Roll Eyes] [Roll Eyes]
 
Posted by dollar13 on :
 
quote:
Originally posted by Happy Valley:
quote:
Originally posted by dollar13:
HUGE VOLUME [Eek!] [Eek!] [Eek!]

Over 51 million...T&S screen will give you a headache if you watch it for more than 30 seconds...lol
YEP I HEARD YA
 
Posted by IMAKEMONEY on :
 
[Eek!] [Eek!] [Eek!] [Eek!] [Eek!] [Eek!]
 
Posted by Ace of Spades on :
 
I laugh when I hear people shoritn AAPL....
 
Posted by IMAKEMONEY on :
 
YEP I GOT STOPED OUT, BUT RIMM MORE THEN MADE UP FOR IT,LOL $$$$$$$$$$ [Razz]
 
Posted by Ace of Spades on :
 
And look at the AAPL options....you don't need to play pinkie's for 5-10 baggers
 
Posted by Jo4321 on :
 
Earnings reported.

Hit $144.00 in after hours.

Why did I sell this at $70.00 last year?

Jo
 
Posted by Jo4321 on :
 
$150.00!
 
Posted by dollar13 on :
 
WOW [Eek!] [Eek!] [Eek!]
 
Posted by Ace of Spades on :
 
AAPL shorts are insane!!!!! No other word to describe them!!!!!!
 
Posted by glassman on :
 
quote:
Originally posted by Ace of Spades:
I laugh when I hear people shoritn AAPL....

they messed up when they decided to go with ATT to provide service for the new "toy"...

i don't think they're gonna sell as many as they hoped... but shorting it? nahhhhhh.
 
Posted by Ace of Spades on :
 
I agree....APPL has made some good decisions in the past so I was shocked when I first heard that ATT was the only carrier.....

they are limiting their potential!!!!
 
Posted by Stockstar69 on :
 
quote:
Originally posted by Jo4321:
Earnings reported.

Hit $144.00 in after hours.

Why did I sell this at $70.00 last year?

Jo

Here I am ready with my stop at 133.50 to guarantee a profit. It's at 144.00 now so I'm rasing it as I think it will drop back down below 140 end of day.
 
Posted by Ramius on :
 
How many of you have played with an IPhone? I don't have one, but stopped in to the store to check it out... The thing is friggin awesome. It seems to me if that Apple continues to put out such innovative products, the stock will continue to perform. If the IPhone is evidence of the future, then the future looks bright to me. (of course, they need more/better carriers)
 
Posted by kywee on :
 
Their earning report was amusing relating to what people were speculating. I give em props.
 
Posted by Mortimer on :
 
quote:
Originally posted by Ramius:
How many of you have played with an IPhone? I don't have one, but stopped in to the store to check it out... The thing is friggin awesome. It seems to me if that Apple continues to put out such innovative products, the stock will continue to perform. If the IPhone is evidence of the future, then the future looks bright to me. (of course, they need more/better carriers)

I wouldn't go as far as callin it "friggin awesome", and that's mostly ATT's fault. The text messaging is VERY nice as well as pretty much the rest of the touch interface. If Apple does incorporate a version of the touchscreen into the ipod, then this train aint slowing down anytime soon. ...and you know Apple has got to already be working on the next version of the iphone; it's probably mostly done. Really, the main thing that I left with when playing around with an iphone is that it is a beautiful piece of industrial design (guaranteed iconic status) and is also so friggin fun to use!
 
Posted by IMAKEMONEY on :
 
quote:
Originally posted by Ace of Spades:
AAPL shorts are insane!!!!! No other word to describe them!!!!!!

NOT TODAY [Eek!] [Eek!] [Eek!]
 
Posted by Stockstar69 on :
 
I got stopped out of AAPL and bought more ETIM.

All things being equal I think ETIM will triple before AAPL moves 25%.
 
Posted by toothpick on :
 
should have taken the opportunity to pick some up at $129 yesterday
 
Posted by doling2005 on :
 
http://www.youtube.com/watch?v=rw2nkoGLhrE
 
Posted by IMAKEMONEY on :
 
NOW AT 126.39 LOL
 
Posted by dollar13 on :
 
quote:
Originally posted by IMAKEMONEY:
NOW AT 126.39 LOL

EVERY BIG (BOARD)DOG HAVE HIS DAY "AS WELL", JUST LIKE PENNY STOCKS HUMMM.


LOL

[Eek!] [Eek!] [Eek!]


BAD LOOKING CHART IMO
 
Posted by IMAKEMONEY on :
 
123. LOL
 
Posted by TimW on :
 
APPL is at the end of its iPhone run. The next competitors will be out soon and the glory is over.

Many rushed out and bought the phone for the bling factor but are starting to realize.. they cant even use it!

For twice the competitors price... iphone does not let you:

cant send mms messsages (picture messages)
cannot be used as a modem (no way to use it with your laptop for internet access)
its "massive storage" can only hold itunes songs.. no data.. which is ok because it cant use any data like docs and xls files anyway. [Roll Eyes]
no synching with outlook (of course they dont want to deal with Microsoft products.. but huge limitation to anyone that uses a phone for more than a call)
cant send anything over blue tooth.
no java or 3rd part application support
no voice activated dialing
no external storage like SD cards
hell, you cant even use your iTunes songs as ring tones!

Stick a fork in it [Big Grin]

People are finally starting to see that their iphone is pretty much a useless toy.. mauahhahah!

[Razz]

Oh, forgot the silly web browser also doesnt support flash!

Ok now im done.


STILL not covering my short position yet.


$112 and dropping.
 
Posted by stocktrader22 on :
 
As long as Steve Jobs is CEO AAPL will continue going up long term...after this market blip aapl will recover.
 
Posted by IMAKEMONEY on :
 
PPS 114.00 [Eek!]
 
Posted by kywee on :
 
quote:
Originally posted by TimW:
APPL is at the end of its iPhone run. The next competitors will be out soon and the glory is over.

Many rushed out and bought the phone for the bling factor but are starting to realize.. they cant even use it!

For twice the competitors price... iphone does not let you:

cant send mms messsages (picture messages)
cannot be used as a modem (no way to use it with your laptop for internet access)
its "massive storage" can only hold itunes songs.. no data.. which is ok because it cant use any data like docs and xls files anyway. [Roll Eyes]
no synching with outlook (of course they dont want to deal with Microsoft products.. but huge limitation to anyone that uses a phone for more than a call)
cant send anything over blue tooth.
no java or 3rd part application support
no voice activated dialing
no external storage like SD cards
hell, you cant even use your iTunes songs as ring tones!

Stick a fork in it [Big Grin]

People are finally starting to see that their iphone is pretty much a useless toy.. mauahhahah!

[Razz]

Oh, forgot the silly web browser also doesnt support flash!

Ok now im done.


STILL not covering my short position yet.


$112 and dropping.

I found this amusing the other day when I read it.

You seem to only pick out the things the phone does not do, as if Apple said the phone was suppose to have those features and sold it without them.

Did you ever think that just maybe people buy the phone because it doesn't have those features? What makes Bluetooth, Outlook, etc superior to all other applications?

Just my comments before I go to bed. Night
 
Posted by Ace of Spades on :
 
TIMW....Apple already has other phones being made right now!!! [Cool]

...they will release even better phones soon...the first IPHONE was just to get their feet wet...and let the World know they mean business...Apple phones are here to stay [Wink]
 
Posted by Mortimer on :
 
The thing I like about the iphone is that it's sort of the beginnings of this "black box" device, in that it can be whatever it wants to be because the user interface is "soft". The functionality of this "black box" would just be a matter of uploading firmware. I'm looking forward to seeing if/how Apple runs with this concept.

I think this is what makes the iphone a new class of device and just cant be compared to something that is already out there.

I agree with Ace though that Apple is working on other phones, because I just cant see them meeting their market share goals without some sort of additional intervention.
 
Posted by Ace of Spades on :
 
iPhone sales top smartphone market

By Kevin Allison in San Francisco

http://us.ft.com/ftgateway/superpage.ft?news_id=fto090420071826441740&page=1

Tuesday Sep 4 2007 18:20
Sales of Apple's iPhone outpaced those of the BlackBerry and other leading smart phone brands in July, according to a survey released on Tuesday.

The study by iSuppli, a market research group, comes as Apple prepares to launch the iPhone in the UK, Germany and France ahead of the Christmas shopping season.

The company is rumoured to be planning to unveil a revamped line of iPod music players at a special event in San Francisco today.

iSuppli cautioned some of the iPhone's success in its first full month on the market could be due to "pent-up demand following months of hype". "Real proof of success will come in the coming months as demand patterns stabilise," iSuppli said.

It said the iPhone could not be directly compared with smart phones such as the BlackBerry or Palm, because iPhone users lacked the ability to install third-party software. The lack of such an ability could limit the iPhone's potential use to companies, which are the main buyers of internet-enabled smartphones.

Nonetheless, the results of an iSuppli's survey of more than 2m US consumers provided further evidence that early sales of the iPhone met many analysts' bullish expectations.

iSuppli said Apple's long-awaited mobile handset accounted for 1.8 per cent of US handset sales in July, its first full month on the market. It expects Apple to ship 4.5m iPhones this year.

Apple's shares rose 4.1 per cent to $144.16 on Tuesday in New York, capping a rise of more than 15 per cent since the iPhone made its debut in the US at the end of June.



http://us.ft.com/ftgateway/superpage.ft?news_id=fto090420071826441740&page=1
 
Posted by Mortimer on :
 
iphone 8gb price reduced $200 to $399? Am I getting this news right? Also 4gb iphone discontinued?

The new ipod touch looks very much like the iphone. What will this "black box" device become next?

Apple stock price movement sure does follow the moniker "Buy the rumour, sell the news".
 
Posted by kywee on :
 
http://www.apple.com/hotnews/openiphoneletter/
 
Posted by Jo4321 on :
 
Wow, way to back track. How's that gonna affect the bottom line?

Kind of a nice thing to do though.
 
Posted by Ace of Spades on :
 
That fact that this thread isn't that active is insane...this is one of the most exciting times for any stock!

This is the best stock for 2008! Remember...You heard it from me first!....well mabey not first....but you did hear it from me..LoL!

Read this whole thread...I didn't start it, but I begged and pleaded big time at the begging of 2007, when the IPHONE was revealed, read every post...many doubted the IPHONE...now look what's about to happen in 2008!!!! Apple beat earnings expectations 19 qarters in a row now!!! When will the fools learn...read these fool articles...

Read these two articles..

http://www.fool.com/investing/general/2007/12/31/best-stock-for-2008-apple.aspx? source=iflfollnk0000003

http://www.fool.com/investing/general/2007/12/27/apple-at-200-is-just-the-beginn ing.aspx
 
Posted by NEL on :
 
i have owned this since $50 wish I would have put all my money into this instead of gambling on pennies, I's be up 400%
 
Posted by stocktrader22 on :
 
Buying my first shares at $193 today, back over $200 shortly.
 
Posted by bksundar on :
 
quote:
Originally posted by NEL:
i have owned this since $50 wish I would have put all my money into this instead of gambling on pennies, I's be up 400%

Last year I entered the market for NYSE/NASDAQ instead of pennies and my portfolio has recovered all the losses from penny mania

DRYS, AAPL, LDK, CGV, MELI to name a few...
 
Posted by Jo4321 on :
 
As I mentioned earlier in this thread, I sold at $70.00 in 2006.

Finally, got tired of watching it and lamenting my stupidity and bought a few weeks ago at $184.00. Added to my position today at $193.50.

Jo
 
Posted by Free Muney on :
 
so its doomed then?

when do you expect apple to go belly up so i can sell jo?

[Smile] just kidding. had to jump on the running joke on this board....

i think today is a good day to add on. do you know when the next report is due.

currently in at 185. want to add soon.
 
Posted by Ace of Spades on :
 
quote:
Originally posted by stocktrader22:
Buying my first shares at $193 today, back over $200 shortly.

When Apple Has it's own category of news at yahoo...you know this company deserves attention

http://news.yahoo.com/i/1292;_ylt=AgouNScFraw_YKzeux.6TGojtBAF

http://news.yahoo.com/i/1292;_ylt=AgouNScFraw_YKzeux.6TGojtBAF

at the upcoming Macworld Expo trade show....there are many possiblilities of what to expect...last year apple brought us the IPHONE!

This dip is a great buying opportunity, That's why I brought this thred back into action....this month apple has earnings, there is another fed rate cut meeting again, and the Macworld Expo trade show!

I'm just gonna flip GOOG and APPL this year....Do DD on GOOG as well.....also BIDU, and VMW (monster IPO)

That whole Android thing GOOGle is launching is neat stuff...also they might buy a wirless spectrum!

http://news.yahoo.com/s/ibd/20071231/bs_ibd_ibd/20071231tech;_ylt=At_xrtPqaopyPk hppovT7JUxVrIF

ALSO VMW was the biggest tech IPO since GOOG...

http://finance.yahoo.com/q?s=vmw

So my No-brainer stocks that I will flip...or as Machavelli calls it...swing/position trade are.....AAPL, GOOG, BIDU, and VMW !!!!!!

I think GOOG will eventually buy their own country, and become more powerfull than the US Government...LoL...they are working with NASA too to creat a telescope in 2013 to give video images of space to the public!!!!

http://abcnews.go.com/Technology/wireStory?id=2774850

http://searchengineland.com/070109-124408.php


I'm planning on making several hundreads of percent this year with this approach....using margin also, except holding through earnings!
 
Posted by Jo4321 on :
 
quote:
so its doomed then?
Yep, it's only a matter of time. [Wink]

On second thought NO. It's a New Year, time for a new TREND. From now on what I buy goes up and what I sell goes down!

(Not working so far today, since I own PAY, NTRI and OSK. Down 15%, 5% and 2% on the day respectively)

Jo
 
Posted by Free Muney on :
 
sold short pay today. think you shuda taken out that loss before the new year. hind sight is 20/20

best of luck with the new trend. dow looks like it may start the new year by dipping below 13k. looks like i might be working on my selling short game in '08...

but apple should be a solid green play...

any opinions on verizon or other rival releases to the I phone?

personally i hate at&ts cell phone plans which are exorbidently expensive. so that might be a hurdle for the iphone. but thats my opinion....
 
Posted by stocktrader22 on :
 
quote:
Originally posted by Ace of Spades:
quote:
Originally posted by stocktrader22:
Buying my first shares at $193 today, back over $200 shortly.

When Apple Has it's own category of news at yahoo...you know this company deserves attention

http://news.yahoo.com/i/1292;_ylt=AgouNScFraw_YKzeux.6TGojtBAF

http://news.yahoo.com/i/1292;_ylt=AgouNScFraw_YKzeux.6TGojtBAF

at the upcoming Macworld Expo trade show....there are many possiblilities of what to expect...last year apple brought us the IPHONE!

This dip is a great buying opportunity, That's why I brought this thred back into action....this month apple has earnings, there is another fed rate cut meeting again, and the Macworld Expo trade show!

I'm just gonna flip GOOG and APPL this year....Do DD on GOOG as well.....also BIDU, and VMW (monster IPO)

That whole Android thing GOOGle is launching is neat stuff...also they might buy a wirless spectrum!

http://news.yahoo.com/s/ibd/20071231/bs_ibd_ibd/20071231tech;_ylt=At_xrtPqaopyPk hppovT7JUxVrIF

ALSO VMW was the biggest tech IPO since GOOG...

http://finance.yahoo.com/q?s=vmw

So my No-brainer stocks that I will flip...or as Machavelli calls it...swing/position trade are.....AAPL, GOOG, BIDU, and VMW !!!!!!

I think GOOG will eventually buy their own country, and become more powerfull than the US Government...LoL...they are working with NASA too to creat a telescope in 2013 to give video images of space to the public!!!!

http://abcnews.go.com/Technology/wireStory?id=2774850

http://searchengineland.com/070109-124408.php


I'm planning on making several hundreads of percent this year with this approach....using margin also, except holding through earnings!

You going to do a technical swing trade approach?
 
Posted by TimW on :
 
i got bit for about 10% on shorting this last year..

I just dont understand how a company with semi-small margins compared to competitors, average growth, and be sitting on cash instead of investing it in stockholders or business can really be worth a 120% growth market cap in one year... MSFT has about the same performance (27% msft vs 28% AAPL) and only grew about 16%.

I firmly believe this is insanely overrated.. just like their products :-P

All IMO.

<= Wishes he had $3 billion dollars to short apple with to put their value where they belong.
 
Posted by wdcisco on :
 
They are making $18 per month on each and every iphone activated with at&t/cingular...

I can't find the exact number of iphones out there on an ATT plan..but...

lets say there around 1 mil.

1mil x $18= 18 million...x24months (contract)=432 million!!

Thats only the plan itself..and I am only quoting 1 million iphones..correct me if I'm wrong... [Wink]
 
Posted by TimW on :
 
432 million is still less than 10% of their rev's.
 
Posted by wdcisco on :
 
but like I said.....THATS ONLY THE IPHONE PLAN...

They make a lot more than that off the phone itself!!!!

 -
The forbidden fruit must be tasted...Go ahead take a bite [Big Grin]
 
Posted by TimW on :
 
Yes.. but still once again.. small chump change compared to their normal revenues.. I dont see why the more than double market cap comes from..

Even if they sold 2 million phones & contracts thats not even 25% increase in revenues directly from those sales.

Whats up with the 120% increase in stock price?
 
Posted by TimW on :
 
I resist biting the forbidden fruit.. I had a hard enough time covering after a 10% price increase.
 
Posted by wdcisco on :
 
LOL..Tim i'm just kidding with you bro.hehe..you don't have to take a bite if you don't want to...

...but I do insist you cut yerself a slice of grammy's homemade APPLE pie.. [Big Grin]

 -
 
Posted by TimW on :
 
LoL i'll have a slice of that, since it both looks as good as it performs.
 
Posted by wdcisco on :
 
Touché!
 
Posted by Jo4321 on :
 
You've GOT to be kidding me. Apple down over $6 today. I can't believe the uncanny knack I have for buying (and selling) at the complete wrong time.

Jo
 
Posted by Happy Valley on :
 
It's not just Apple...Big 3 all in the red today...

AAPL -$7.80
RIMM -$6.65
GOOG -$15.56
 
Posted by Ace of Spades on :
 
Here's links for the ECONOMIC CALANDARS....Job report was an important event today...the next is the FOMC Meeting On Jan 30th at 2:15 pm eastern

http://www.bloomberg.com/markets/ecalendar/index.html

http://www.bloomberg.com/markets/ecalendar/index.html

http://www.federalreserve.gov/monetarypolicy/fomc.htm


http://www.briefing.com/Investor/Public/Calendars/EconomicCalendar.htm


http://biz.yahoo.com/c/e.html
 
Posted by Happy Valley on :
 
Good to know Ace...Appreciate the links [Smile]
 
Posted by wdcisco on :
 
Glad I didn't buy *yet*.... [Big Grin]

Have fun shorting Tim? [Razz]
 
Posted by TimW on :
 
LoL im not touching this one for a little while.. Like its products its known to do the complete opposite of what you expect or what makes sense!!! [Wink]
 
Posted by wdcisco on :
 
We'll see what happens...but things are not looking so "appetizing" right now...

It may be best to wait....hmmmm..

 -  -
 
Posted by Ace of Spades on :
 
Apple and Jay-Z launching a record label?

http://www.cnbc.com/id/22488838

http://www.cnbc.com/id/22488838

Watch the video at the end of article!!!!

Apple And Jay-Z: Will They Really Launch A Record Label?

There's an intriguing rumor floating through the web this morning that Apple is getting into the music business. Some would say Apple's already in the business with its iTunes web site selling well over 2 billion songs these last few years. Or that selling well over 100 million iPods makes Apple a music company.

But this new rumor is something totally different: That ousted Def-Jam CEO and star rapper Jay-Z is about to create a new recording label with Apple Inc. Apple IncAAPL
180.05 -14.88 -7.63% NASDAQ


Quote | Chart | News | Profile | Add to Watchlist
[AAPL 180.05 -14.88 (-7.63%) ]

While the deal is interesting, it faces some extremely steep hurdles, not the least of which is how other traditional recording labels would view Apple's move onto their turf. The company's relationship with them is already tenuous. Steve Jobs has been a vocal critic of digital rights management and the labels' traditional role as music-material gatekeeper.

Still, if Jobs can figure out a way to control content AND distribution, artists could flood his way and he might find himself in the catbird seat. Again.

Apple already assumes many of the roles enjoyed by traditional labels, most notably distribution. And that's why this becomes so interesting: big name artists with a strong fan base don't need "development." They need distribution. Look at Radiohead, Nine Inch Nails, and Madonna.

Traditional labels would cry foul but it's not clear they'd be able to do anything about it. Apple would be in the unusual position of using established acts from established labels to attract customers to iTunes, as it does already today, and then leverage all those eyeballs to sell its own music from its own artists. That'd be a neat trick, but it would sure anger some Hollywood heavyweights.

Could Apple even launch its own label? Sure. There's the misconception that after settling its long-running litigation with the Beatles and Apple Corps that Apple Inc. was prevented from entering the music business. Not necessarily true. There's nothing in the settlement that would prevent Apple from doing this.

One source I talked to said that "logistically this is possible, but unlikely." He asks, "Is this core to what they're doing? Answer? No."

And one other thing: Do a Google search of Jay-Z and Apple and you'll see that these two already have a contentious relationship. AppleInsider pointed this out as well: Jay-Z railed against Apple's iTunes a couple of months ago, saying his new album, American Gangster, would not be made available on iTunes since the service let shoppers buy individual songs instead of the entire album.

In a statement released at the time, Jay-Z said, "As movies are not sold scene by scene, this collection will not be sold as individual singles."

That's not to say a new Jay-Z/Apple label would do things differently, if it came to fruition. But something like this might be a lot more trouble than it's worth.

Watch the video at the end of article!!!!
 
Posted by wdcisco on :
 
These are sure taking a pounding ace..lol
 
Posted by Ace of Spades on :
 
quote:
Originally posted by wdcisco:
These are sure taking a pounding ace..lol

I haven't bought any yet, I've been saying it for a while now...go by the 60 minute chart, for swing/position trades. Once AAPLE's MACD CROSSES on the 60 minute chart...Im gonna load the boat!

But I'm out before the next rate cut meeting no matter what...I'll wait and see what happens at 2:00 that day!
 
Posted by TimW on :
 
Just dont hold out for financials from apple... you might be saddened to see half of their sales were spent on glass staircases.. [Razz]

just kiddin.
 
Posted by chuck9 on :
 
that was some awesome picture of the Apple with
fangs and tongue sticking out.
chuck  -
 
Posted by wdcisco on :
 
LOL...thanks chuck...kinda freaks your mind doesn't it? hehe... [Big Grin]

By the way..off topic but what does your premarket scan consist of? I am new to day trading and am looking for a gap scan or something I can work off of for short or longs.

I don't mind if you throw a few tips my way [Wink]

-wdcisco
 
Posted by Ace of Spades on :
 
quote:
Originally posted by wdcisco:
LOL...thanks chuck...kinda freaks your mind doesn't it? hehe... [Big Grin]

By the way..off topic but what does your premarket scan consist of? I am new to day trading and am looking for a gap scan or something I can work off of for short or longs.

I don't mind if you throw a few tips my way [Wink]

-wdcisco

I think I have a good scanner for you....this link is a video so make sure your volume is turned up!

http://www.topgunsoftware.com/stocktrading.html

Here are some more videos of that same scanner...you might have to download a video codec at the bottom

http://www.topgunsoftware.com/videotraining.html
 
Posted by wdcisco on :
 
""B B B B-Booya, My name is Foodcourt"...LoL"

I was thinking the exact same thing earlier on..hahaha


Lease $ 150 Month
Lease $ 360 Quarter Save $360/year
Lease $1,260 Year Save $540/year
Purchase $2,000 Includes Live Training!


Wow that sure is some spendy software IMO...

...but the actual scan criteria they give looks very helpful.

Thanks ACE~!! I'll try it out tomorrow. I wan to make sure I know what I am doing before I open that Prodigy account [Wink]

You have no idea how tempted I am to call Keith an give him the "ok"...but I want to be ready.

Good luck tomorrow.

p.s. check this guys videos out

http://youtube.com/watch?v=icqnUfsaKMc

also him
http://youtube.com/watch?v=0LliXEXZ5q0
 
Posted by wdcisco on :
 
Ace,

Does Omnipro have an intraday realtime stock scanner?

Where would I scan for this stuff?

Breakouts
Above/Below yesterday's high/low on Greater than 150% Average Volume
Above/Below First 15 min, 30 min, Hourly High/Low with Institutional Buying
Narrowest Day in Last 4 Days and Yesterday's Range Inside Previous Day, Today Breaks High/Low of previous day. This trade often produces huge trends and also good multi day swing trades/ option trades.
Stock is above its 10, 20, 50 and 200 Day Moving Average. Two or three down days in a row. Today breaks out of Previous Day's High
Stock breaks out of 3, 5, 10, or 20 Day Highest High/ Lowest Low. Explosive Moves!
Stock in 2% range over last 5 days, today breaks out of multi day range with high volume!

Gaps
Stock gaps down $1+ and then breaks out over first 5 min bar high
Stock gaps up $1+ and then breaks out over first 15 min or 30 min bar high
Stock gaps up 50+ cents but less than previous day high, finds resistance at high.
Stock gaps down 50+ cents but above the previous day low, finds support at low.
Dozens More Possibilities


Pulled off the top gun software wesite you gave me...

Anyone know? Stockcharts and Stockfetcher can not scan for this stuff. hmmmm..
 
Posted by Ace of Spades on :
 
Omni pro has what's called a Market Minder...It only shows % gainers and loser....dollar gainers and losers....most acitve...but they work premarket so you can already see whats gapping. I like that you can sort them form % from open, instead of just percent from close!

But it doesn't have an actualy scanner like that

trade ideas and realtick have good scanners also, but Im not sure they can do what top gun does!
 
Posted by Jo4321 on :
 
I think you all can guess why this did so well, today. [BadOne]

 -
 
Posted by wdcisco on :
 
YOU SOLD?! lol...I love that new [BadOne]
 
Posted by wdcisco on :
 
ACE:
I discovered the trade ideas..its seems like a great tool for daytrading.

http://youtube.com/watch?v=2k1yNdR_eEA

If you want to get a free 5 day trial for trade ideas:

Just sign up at trade-ideas.com and create account. TYPE that you want a "steve gomez 5 day trial" in the signup. they will send you an email.

-wdcisco
 
Posted by Jo4321 on :
 
quote:
YOU SOLD?! lol...
BINGO! Yep....

Actually I got stopped out of half my shares. So at least the other half went up and helped me out a bit today. But even those shares are still in the red.

Anyway, back to APPLE:

Macworld Highlights: Look for Upgrades, iPhone Apps
By Bryan Gardiner 01.09.08 | 12:00 AM
With record market-share gains, a surging market capitalization and gobs of cash on hand, 2007 will be a tough act to follow for Apple. Yet based on the company's fourth-quarter financial guidance -- and what looks to have been a stellar holiday season -- the Cupertino, California, company seems more than ready for the challenge.

At the Macworld Conference and Expo in San Francisco on Jan. 15-18, we'll get our first glimpse of what Apple has in store for 2008. Apple is traditionally tight-lipped about its plans, and rumors are thick in the weeks leading up to any of the company's big events. Yet there's one thing analysts who cover Apple agree on: This year's Macworld will likely focus on upgrades and tweaks rather than breaking new ground. Expect the company to fortify its existing product lineups with redesigns, firmware updates and more deals with outside parties -- specifically movie studios.

We'll have to wait for Tuesday's keynote by Apple CEO Steve Jobs to see which rumors stick and which don't. In the meantime, here's a taste of what (possibly) could appear at Macworld.

ITunes Movie Rentals
The addition of rental movies to iTunes may be one of the major announcements slated for the Stevenote on Tuesday. Someone's got loose lips, though. According to reports, Jobs will announce the ability to rent movies from at least one studio, 20th Century Fox, during Macworld. Disney, which currently sells movies through iTunes, is also said to be close to reaching a similar deal with Apple. While pricing schemes and rental timelines remain unknown, movie rentals would be a good start in reviving sales of the lackluster Apple TV, if the company can convince enough studios to offer their content.

In addition, 20th Century Fox has reportedly agreed to use Apple's FairPlay DRM and will include a digital file protected by FairPlay in its future DVD releases. This will allow DVD buyers to transfer a copy of the film from the disc to computer and iPod without the need for additional ripping software. Fox tried this earlier in the year with Microsoft Window's DRM, but the system doesn't work with Macs or iPods.

HD Content
Along with movie rentals, support for high-definition content will be critical for Apple's video ambitions. A client report released by American Technology Research's Shaw Wu says Apple is set to begin including Blu-ray drives in a handful of Macs.

Wu expects the announcement to be made at Macworld and that Apple's line of Mac Pro workstations will likely be among the first systems to include Blu-ray drives. That announcement may be retroactive: On Tuesday, Apple debuted new Mac Pros, sans Blu-ray drives.

Ultraslim Notebook and/or Touch Tablet
This is by far the rumor with the longest legs. Curiously, it started out as two separate rumors. Murmurs that Apple would be introducing an ultraslim, flash-based laptop at Macworld started circulating months ago. Shortly thereafter, the company was also said to be working on an internet tablet of sorts, or a kind of giant iPod Touch on steroids.

Late last year, the two devices became one, at least in some analysts' minds. Blackfriars' Carl Howe speculates that Apple will indeed offer a new MacBook in the form of a MacBook tablet. According to Howe, this device will come with a reversible touch-enabled display, a multitouch keyboard and sexier packaging and materials like colored aluminum
 
Posted by Jo4321 on :
 
Got those shares back at $171.82

Shorts: Be sure to take advantage of the "Jo Effect" quickly.
 
Posted by TimW on :
 
Done.
 
Posted by $tock Weazel on :
 
What's done Tim? Did you cover?
 
Posted by TimW on :
 
Oh i shorted and covered awhile back and lost some.. But im considering taking advantage of Jo's post..

The trick to making money here, is whenever Jo buys, the profitable move is to Short.. Hence the "Jo Effect".

LoL
 
Posted by Ace of Spades on :
 
quote:
Originally posted by TimW:
Oh i shorted and covered awhile back and lost some.. But im considering taking advantage of Jo's post..

The trick to making money here, is whenever Jo buys, the profitable move is to Short.. Hence the "Jo Effect".

LoL

LoL...You guys are pretty funny! This current market makes me wanna [Wall Bang]
 
Posted by Jo4321 on :
 
It did move down about $1.50 after I bought, but you'd have had to be quick to take advantage of it.

Course, the week's not over.

Jo
 
Posted by Free Muney on :
 
tech as a whole is getting beat down. imo financials should bring the buzz back to techs after the holiday spending spree.

but after? i believe it might head south. a little too much hype and value increases for the numbers... but just speculating.

tim i think ur on to something. jo start ur own thread. of ur holdings and after i make 100k off shorting ur picks... ill cut u in 15% of all future proceeds [BadOne]
 
Posted by Jo4321 on :
 
that might be interesting to do! You can also go long by buying what I sell.

It works that way too. For example, I just sold BQI at 4.55 on Friday.

Jo
 
Posted by Happy Valley on :
 
http://www.macworldexpo.com/about

About Macworld Conference & Expo
Macworld isn't just a hall full of exhibitors or rooms of conference session; it's a series of calibrations of the world as you know it. Your perspective will be jolted. Your creativity will be ramped up. You will walk away realizing it's not just the world that's changed. It's you, too.

Whether you attend the Conference or just come for the Exhibit Halls you'll come face-to-face with something unexpected.

Macworld Conference & Expo
Conference: January 14 - 18, 2008
Expo: January 15 - 18, 2008
West & South Hall, Moscone Center
San Francisco, CA

Exhibit Hall Hours

Tuesday, January 15
11:00 AM - 6:00 PM

Wednesday, January 16 10:00 AM - 6:00 PM
Thursday, January 17 10:00 AM - 6:00 PM
Friday, January 18
10:00 AM - 4:00 PM
 
Posted by Happy Valley on :
 
Apple to Announce Slim Laptop, Movie Rentals?
Rumor has it that Apple will announce a super-slim laptop and online movie rentals at its Macworld conference next week.
Thursday, January 10, 2008 6:20 AM PST
http://www.pcworld.com/article/id,141255-page,1-c,macworldexpo/article.html
 
Posted by TimW on :
 
They are a little late to the game, but their cult like following may approve. Many that arrive late do take the cake.
 
Posted by Ace of Spades on :
 
It's momo time!!!
 
Posted by Jo4321 on :
 
Leaked Steve Jobs notes??

http://www.pocket-lint.co.uk/news/news.phtml/12251/13275/Steve-jobs-keynote-spee ch-leaked.phtml
 
Posted by Jo4321 on :
 
WSJ.COM/Earnings

Previews: Apple Reports Jan. 22
Last update: 1/14/2008 3:39:53 PM
Apple Inc. (AAPL) - reports Jan. 22

Apple shares have bounced around wildly in recent months, briefly trading above $200 in late December before falling on concerns that the flagging U.S. economy might hurt purchases of the company's gadgets. Still, analysts are holding to their expectations of a record quarter for Apple, driven mainly by strong holiday sales of its Macintosh computers.

Bernstein Research estimates Mac unit shipments soared 37% from year-earlier levels, helped by a new line of iMac desktop computers introduced in the fall. Apple's release of a new version of its operating system, Leopard, is also likely to give the company a bump in high-margin revenues. Analysts expect to see decelerating growth in iPod shipments and will study iPhone results as a key indicator of Apple's long-term growth and profitability. EARNINGS: Analysts polled by Thomson Financial expect fiscal first-quarter earnings of $1.60 a share, higher than the $1.42 a share Apple itself projected for the period. That's up from earnings of $1.14 a share a year ago.

REVENUE: Analysts expect $9.42 billion, compared with a company forecast of $9.2 billion and year-earlier revenue of $7.12 billion. -For continuously updated news from The Wall Street Journal, see WSJ.com at http://wsj.com. (END) Dow Jones NewswiresJanuary 14, 2008 15:39 ET (20:39 GMT)
 
Posted by Ace of Spades on :
 
Here is coverage.....this is what we got so far!!!

http://www.macrumorslive.com/

9:27 am Note: the features appear largely consistent with what was previously leaked
9:26 am Demoing now
9:26 am Lyrics
9:26 am Maps with location, Webclips, Customize home screen, SMS multiple people
9:24 am We want to give folks something for today. New software.
9:23 am people are excited about the SDK that we will release in February
9:23 am First quarter shipping, iPhone has got 19.5% of U.S. SmartPhone market (2nd behind RIM)
9:21 am 20,000 iPhones per day average
9:21 am 200th day since iPhone went on sale. 4 million sales
9:21 am 2nd thing: iPhone
9:20 am Now showing recent Mac/PC ad for Time Machine
9:20 am 2 versions: 500 GB version - $299, 1 TB $499
9:19 am Full Airport Extreme base station with "server grade" hard drive internal.
9:19 am Leopard feature: Time Machine. For notebooks, it doesn't work so well because you have to constantly plug/unplug a hard drive. New product: Time Capsul
9:18 am Leopard has also seen some great support from developers. Office 2008 is now shipping. The last intel native app to ship.
9:17 am Running down some praises of Leopard from Mossberg, Pogue, USA Today, etc.
9:16 am 20% of Mac OS X install base has upgraded to Leopard
9:16 am 1st thing: Leopard. 5 million copies delivered in first 3 months. This is the most successful release of Mac OS 10 ever
9:15 am 4 things to talk to us about today
9:15 am Thank you to our customers for making it all happen.
9:15 am Looking back to 2007. 2007 was an extraordinary year for Apple. New iMac. New iPods. iPhone. Leopard, and other software.
9:14 am Welcome to Macworld 2008. There is clearly something in the air today
9:14 am Steve is taking the stage. Big applause
9:14 am New Get a Mac commercial: Happy New Year. PC has had a bad year, but looking forward to this year.
9:13 am Lights are dimming. No Steve quite yet
9:11 am Current music: Feist 1234
9:01 am People are being seated. The room can seat up to 4000 people.
 
Posted by Jo4321 on :
 
Just got home from work. Guess it's the sell on news effect that has taken this down over $9.00?

Jo
 
Posted by Free Muney on :
 
coupled with a big red day. mostly the big red. techs are down across the board.
 
Posted by Ace of Spades on :
 
quote:
Originally posted by Jo4321:
Just got home from work. Guess it's the sell on news effect that has taken this down over $9.00?

Jo

No the whole market was down 200 points before the event even started...last year there was no sell on news...apple went up 10% in a day.....it's just a different market this year [Good Luck]
 
Posted by Jo4321 on :
 
My sell stop hit at $177.82, but I couldn't resist buying back. I hope I didn't catch a falling knife ($169.82)

Was there any BAD news coming out of Macworld. I mean maybe stuff that was "less than expected". I guess the news about the China Iphone deal not going through from yesterday didn't help.


Jo
 
Posted by $tock Weazel on :
 
Looks like its bouncing here...off the 100ma..Hopefully it closes above it [Eek!]

GL!
 
Posted by Ace of Spades on :
 
quote:
Originally posted by Jo4321:
My sell stop hit at $177.82, but I couldn't resist buying back. I hope I didn't catch a falling knife ($169.82)

Was there any BAD news coming out of Macworld. I mean maybe stuff that was "less than expected". I guess the news about the China Iphone deal not going through from yesterday didn't help

Today is a bad day overall for the market and AAPL...check out this chart....look how far apple is from its VWAP(VOLUME WEIGHTED AVERAGE PRICE) ....which is that blue line...However it was pretty is to make a few trades today! I love the VWAP....when stocks gap up at least a dollar and stay above the VWAP...they usually move a few points! like SKF and QID gapped and stayed above thier VWAP!

 -

Jo [/qb][/QUOTE]
 
Posted by Jo4321 on :
 
Jobs quote: CNBC

"Jobs also said that he is unconcerned with day-to-day Apple share price fluctuations and he's running the company for long-term success and expects Wall Street to reward the company accordingly as the company performs
 
Posted by Jo4321 on :
 
Closed at $169.04

But aftermarket is a mess. Intel dragging it down with it.
 
Posted by Jo4321 on :
 
Un.believeble. Down another $5.00 in after hours. Low volume so let's hope this is not indicative of tommorrows action.
 
Posted by IMAKEMONEY on :
 
PPS 163.85
 
Posted by Jo4321 on :
 
Ouch that sucks. Well, unless Tim went short when I mentioned that I bought at $169.00.

[BadOne]
 
Posted by TimW on :
 
; )
 
Posted by Jo4321 on :
 
Well, Did j'ya?

I am an idiot. I decided to keep apple, but sold SPAR, ARO, and PAY.

Guess which stocks are green? SPAR went up 9% after I sold it yesterday.

Jo
 
Posted by Jo4321 on :
 
I'm sorry that I didn't mention here that I covered MON yesterday at $124.00.

That could have been an awesome short for you. It hit $109 this morning, and currently $114.00

Maybe I really should start that thread.

Anyway back to APPL. My opinion is overreaction, anyone else?

Jo
 
Posted by IMAKEMONEY on :
 
A/H 158.90 ITS GOING DOWN!
 
Posted by TimW on :
 
No I didn't all my funds are in positions im holding for awhile.. im cooling on the trading for now.

Over-reaction would explain its doubling in market cap on average growth over this last year.
 
Posted by Happy Valley on :
 
Apple earnings climb 58%, but outlook disappoints

By Rex Crum, MarketWatch
Last update: 4:48 p.m. EST Jan. 22, 2008Print E-mail RSS Disable Live Quotes
SAN FRANCISCO (MarketWatch) -- Apple Inc. on Tuesday reported a first-quarter profit that rose 58% from a year ago thanks to strong sales of Mac computers and iPods during the busy holiday shopping season.
However, the company's shares fell more than 11% in after-hours trading as the consumer electronics maker gave a second-quarter outlook that was short of Wall Street analysts' estimates.
Apple (AAPL:Apple Inc)
Last: 155.64-5.72-3.54%

4:42pm 01/22/2008

AAPL 155.64, -5.72, -3.5%) said that for its first fiscal quarter, it earned $1.58 billion, or $1.76 a share, on revenue of $9.6 billion. During the same period a year ago, Apple earned $1 billion, or $1.14 a share, on $7.12 billion in sales.
The results topped the estimates of analysts surveyed by Thomson Financial, who forecast Apple to earn $1.62 a share on $9.47 billion in sales for the quarter ended Dec. 31.
The company said it sold 22 million iPods and 2.3 million Macintosh PCs during the quarter. Also, about 2.3 million iPhones were sold during the quarter.
In a statement, Apple Chief Executive Steve Jobs said the results showed Apple posting its highest quarterly earnings and sales in history. However, a conservative second-quarter forecast sent the company's stock down nearly 12% in after-hours trading.
Chief Financial Officer Peter Oppenheimer said Apple expects to earn 94 cents a share on $6.8 billion in sales for its second quarter. The forecast fell below analysts' consensus estimates for earnings of $1.09 a share on revenue of $6.99 billion.
Apple shares fell $17.15 to $138.49 in after-hours trading following the earnings report.
Rex Crum is a reporter for MarketWatch in San Francisco.
Companies in this story Apple Inc (AAPL)

http://www.marketwatch.com/news/story/apples-earnings-rise-58-outlook/story.aspx ?guid=%7B24F2EEC6%2DED25%2D4AD5%2DBEB4%2DC4AF4EF6F672%7D&siteid=yhoof
 
Posted by $tock Weazel on :
 
WOWZA! [Eek!]
 
Posted by Jo4321 on :
 
Well, well, the Jo short signal was spot-on back there at $169.00
 
Posted by $tock Weazel on :
 
Start that thread and keep track of potential winnings..

Call it something like "The Jo Experiance" [Big Grin]
 
Posted by Jo4321 on :
 
Only people who do the opposite of me will be winners.

I can't believe that with Apple beating estimates, and being realistic (and typically conservative) with their guidance that it fell that much after hours.
 
Posted by $tock Weazel on :
 
Overreactions!!!!!!
 
Posted by NEL on :
 
I sold half of my shares yesterday and will buy again if they continue down. I bought WFC (Wells Fargo) they have been up the last 2 days!
 
Posted by IMAKEMONEY on :
 
136.50 [Eek!] [Eek!] [Eek!]
 
Posted by IMAKEMONEY on :
 
126.80 [Eek!] [Eek!] [Eek!] [Eek!]
 
Posted by $tock Weazel on :
 
Holy crapamolie!!!!!
 
Posted by Happy Valley on :
 
Brutal...

AAPL -18%
RIMM -9%
GOOG -10%
FSLR -21%
BIDU -12%
 
Posted by IMAKEMONEY on :
 
I GOT AAPL DOWN AT 28% TODAY ON MY SCREEN. [Eek!]
 
Posted by Happy Valley on :
 
I'm showing a low of $126.14 today and a close of $155.64 yesterday...Scottrade has been wrong before though... [Razz]
 
Posted by Jo4321 on :
 
well, I'm screwing up the Jo effect here. I sold half yesterday at $157.50. So normally, that would mean the stock should have gone up. But I guess because I held onto the other half, it cancelled it out.
 
Posted by PCola77 on :
 
yeah Jo, if you had sold ALL it would have gone up. By selling only half you still left yourself open to a big drop because the way the market could screw you the most after you sold half was to keep dropping. If it went up, you would have made money (albeit less than if you hadn't sold), and we all know the market doesn't want you to make any money [Smile]
 
Posted by Ace of Spades on :
 
I'm not sure if you follow lionmaster...but He's is the most acurate poster on any board in my opinion

http://thelion.com/bin/forum.cgi?tf=wall_street_pit&msg=1249023&cmd=read

http://thelion.com/bin/forum.cgi?tf=wall_street_pit&msg=1249019&cmd=read

http://thelion.com/bin/forum.cgi?tf=wall_street_pit&msg=1249016&cmd=read

http://thelion.com/bin/forum.cgi?tf=wall_street_pit&msg=1249015&cmd=read
 
Posted by Jo4321 on :
 
LOL, PCola, it does seem that way sometimes.
 
Posted by Jo4321 on :
 
Little bounce here. Almost $9.00 off the low. I guess when it's down over $20.00 that can happen.
 
Posted by stocktrader22 on :
 
Wow tankage for aaple, i think it'll come back to $150-$160 real quick though. This market sucks right now!
 
Posted by Jo4321 on :
 
Analysts see opportunity in Apple's sell-off
Street bullish as valuation hits a discount compared with past levels

By Rex Crum, MarketWatch
Last update: 2:49 p.m. EST Jan. 23, 2008Print E-mail RSS Disable Live Quotes

SAN FRANCISCO (MarketWatch) -- While many investors may now think Apple Inc. is rotten to the core, Wall Street is trying to rally support for the once high-flying stock.

Such was apparent Wednesday, as most of the analysts covering Apple (AAPL:Apple Inc
News, chart, profile, more
Last: 132.16-23.48-15.09%


2:37pm 01/23/2008


AAPL 132.16, -23.48, -15.1%) renewed their buy calls on the stock, which has now shed more than a third of its value since Christmas and is trading well below the Street's lowest price targets.

By Wednesday afternoon, the iconic computer and electronics maker saw its shares fall more than 17% to $128.67 -- setting the stock's lowest midday level since August of last year -- following a second-quarter forecast that fell short of analysts' estimates and hinted at slower spendingamong U.S. consumers.

Richard Gardner of Citigroup said that "this dramatic decline fully discounts a recession and we would be buyers on weakness" in a note Wednesday.

Apple has long been popular on Wall Street. More than 80% of the analysts covering the stock rate the shares as a buy, according to data from Thomson Financial.

In their reports following the earnings on Wednesday, most of those analysts noted some concerns with Apple's outlook, but maintained an opinion that the company is far from a lost cause and that now is a good time for investors to buy -- in advance of what are believed to be more improvements and additions to the product line this year.

However, some are resetting their expectations for the shares. Several analysts trimmed their price targets, lowering the Street median target price from $215 to $210. Current targets range from a low of $150 to a high of $250, according to Thomson data.

Expectations reset on Apple's shares
"We are still positive on the stock," said Shebly Seyrafi of Caris & Co., who cut his rating on Apple's shares to above average from buy, and also lowered his target price to $165 from $225 a share.

Seyrafi justified his moves because of Apple reporting what he called "slowing iPod sales and disappointing notebook sales" in its first quarter, ended Dec. 31. Apple said that it sold 22.1 million iPods, a 5% increase from the same period a year ago, but below most expectations for sales of 25 million units. The notebook sales of 1.34 million units were up by 38% from a year ago, but were basically flat with Apple's 2007 fourth quarter.

However, Seyrafi said investors should take a "12-month horizon" view, and pay particular importance to the company's gross margins as a percentage of sales. Apple is forecasting second-quarter gross margins of 32%, but the analyst estimates those numbers at 35.6%, due to recent shifts toward higher margin Macintosh PCs and more-expensive iPods -- such as the new iPod touch, which costs either $299 or $399.
Ben Reitzes of UBS kept his buy rating on the stock, pointing to strong momentum in Mac sales. But he said that slowing iPod sales are a source of concern.

"In short, Apple needs Macs and iPhones to pick up the slack for a maturing iPod category, which could still become more evident over the long term in our view," he wrote to clients. Reitzes trimmed his price target to $200 from $235.

'Apple needs Macs and iPhones to pick up the slack for a maturing iPod category, which could still become more evident over the long term.'
— Ben Reitzes, UBS

Few tech stocks rose so much as Apple in 2007, and even in a market that hasn't been kind to any tech company this year, Apple's shares have taken an large amount of punishment.

Since reaching almost $203 a share on Dec. 27, Apple's stock has fallen by almost 38% through the anticipation of and reaction to the Macworld Expo, where Apple Chief Executive Steve Jobs showed off the new MacBook Air ultraportable laptop and a new online movie-rental service, as well as Tuesday's second-quarter forecast.
Valuation still a premium, but cheaper
Apple shares have long carried a premium over other makers of PCs and consumer electronics. But the recent drop has erased some of that gap, through the stock is still more expensive than most of its peers.

At its current share price, Apple trades about 25 to 26 times estimated earnings for the next four quarters. While that is still above peers such as Dell Inc. (DELL:dell inc com
News, chart, profile, more
Last: 19.24-1.01-4.99%

2:37pm 01/23/2008

Sponsored by:
HPQ 41.43, -1.29, -3.0%) -- which carry price-to-earnings ratios in the mid-teens -- Apple's valuation is still about 35% below its average P/E ratio of 40.5 over the last five years, according to Thomson data.

Bernstein Research analyst Toni Sacconaghi said that the big pullback in Apple's stock makes the company's valuation "much more reasonable" with regards to his target price of $165 a share. He also has a market-perform rating on Apple's stock.

But Sacconaghi added that there is some risk to Apple's sales due to potential weakness in the consumer market, but the stock's current price levels "provide and attractive entry point," and that the company's gross-margin and earnings estimates "appear relatively conservative at this point."

The potential for a drop in consumer spending is likely to play a factor with Apple more so than other PC makers, simply because unlike H-P or Dell, Apple isn't as embedded in the corporate-enterprise market.

But Bear Stearns analyst Andrew Neff said that the breadth of Apple's current and anticipated product offerings puts the company in a better position this year than in 2007. Neff has an outperform rating on Apple's stock; he trimmed his price target on the shares to $220 a share from $233 and called the day's weakness a opportunity for investors.

"Apple is on the cusp of multiple product cycles," Neff commented. "We're actually more comfortable on Apple's drivers due to iPhone shipping, accelerating Mac momentum and digital video, where video rentals [are] just starting."

Rex Crum is a reporter for MarketWatch in San Francisco. MarketWatch reporter Dan Gallagher contributed to this report.
 
Posted by Jo4321 on :
 
Well, I replaced those shares I sold with ones at $128.00 this morning and I sold them right at close for $139.00. So I finally did it right. (although not enough yet to make up for the losses so far) But, look! It is going up after hours, and I still have those other shares. What is the world coming to?

Jo
 
Posted by Jo4321 on :
 
quote:
I'm not sure if you follow lionmaster...but He's is the most acurate poster on any board in my opinion

http://thelion.com/bin/forum.cgi?tf=wall_street_pit&msg=1249023&cmd=read

Wow, he's like my polar opposite.

Thanks, AceofSpades, for the link to that board.

Jo
 
Posted by TimW on :
 
And heres the next pump!!

Apple is pump and dump on a billion dollar level.. They are the masters. [Were Up]
 
Posted by Mortimer on :
 
quote:
Originally posted by Jo4321:
Well, I replaced those shares I sold with ones at $128.00 this morning and I sold them right at close for $139.00. So I finally did it right. (although not enough yet to make up for the losses so far) But, look! It is going up after hours, and I still have those other shares. What is the world coming to?

Jo

It's a start Jo!

I'd like to see this get to around 121 before I start taking it seriously. It looks like it's still trying to shake off it's recent mild concussion.
 
Posted by Ace of Spades on :
 
A lot of traders thinks their winning percentage needs to be pretty high....

But that's not the case at all.....you winners just have to be a lot more than your losers

Cut losses immediately and let the winners run!
 
Posted by IMAKEMONEY on :
 
[Eek!] [Eek!] [Eek!] [Eek!] [Eek!] [Eek!]
 
Posted by Ace of Spades on :
 
[Roll Eyes] [Roll Eyes] [Roll Eyes] [Roll Eyes] [Roll Eyes] [Roll Eyes]
 
Posted by IMAKEMONEY on :
 
[Razz] [Razz] [Razz] [Razz] [Razz] [Razz] [Razz]
 
Posted by $tock Weazel on :
 
[Confused] [Confused] [Confused] [Confused] [Confused] [Confused] [Confused]
 
Posted by $tock Weazel on :
 
Dude..sorry I just can't imagine speaking in gramelins... [Razz]
 
Posted by IMAKEMONEY on :
 
ITS EASY.LOL, YOU DID GREAT.
 
Posted by Ace of Spades on :
 
LoL...I think I understad the confusion in what I said....

I meant many traders think the ratio of the nubmer of winning trades verse loosing trades is "most" important

But it's more important for the percentage gain on the winning trades to be a lot greater than the percentage loss on the loosing trade....

that way you can be wrong more times....
 
Posted by $tock Weazel on :
 
Here ace let me help:

Keep your stop losses tight and put your balls in you back pocket.
 
Posted by IMAKEMONEY on :
 
I AGREE ACE, JUST F-ING WITH YOU. [Good Luck]
 
Posted by Jo4321 on :
 
Thanks Mortimer!

And thanks again, Ace, for giving me the heads up on Lionmaster. I took a look at some of his recent picks and bought some JMBA in premarket at $2.55. Sold it later at $2.85.

I guess every little bit helps, but geez it's gonna be a long road. I finally did today what I've been avoiding doing for about a month and a half: I updated my total investments spreadsheet that I keep for hubby and me(this includes our 401k's, mutual funds, stocks). All told we are down $88,000 since October 9, 2007 which was our highest point. Down about $30,000 from where we were this time last January. I still cannot believe the speed in which I saw my paper profits evaporate. I MEAN THIS WAS JUST SINCE OCTOBER 9TH PEOPLE!!! Ironically, I started a part-time job on OCTOBER 8th. I pretty much lost 7 times my frickin' yearly salary since then.

The only silver lining is that I am still SLIGHTLY "green" from when I started trading, but that was nearly two years ago now. I feel like I've wasted two years of my life trying to learn this stuff only to be back nearly where I started. DAMN you FRPT!! DAMN you, PAY, CROX, JSDA, MON, OSK, EPAX AND EVERY OTHER FRICKIN' STOCK I BOUGHT OR SOLD AT THE EXACT WRONG TIME!!!! [Wall Bang]

Sorry this has nothing to do with APPL (except that my choice of buying APPL contributed to some of my losses) But, it's nice to vent amoung cyber-friends.

Jo

Oh, and by the way, short GME and buy MON (if you know what I mean LOL)
 
Posted by Jo4321 on :
 
GME down $1.44

MON got up to a high of about $3.50 more than I sold it for.

Can I ever catch a break?
 
Posted by Ace of Spades on :
 
quote:
Originally posted by Jo4321:
GME down $1.44

MON got up to a high of about $3.50 more than I sold it for.

Can I ever catch a break?

MON had blow out number released before the market crashed! This dip was a great buying opportunity!

If sold for any profit you shouldn't be beating yourself up for selling early! In this market you got to take profits quicker than in a full blown bull rally! And if you sold for a loss.....just be glad your not this guy on the day after the global sell off on sunday/MLK day [Were Up]

http://www.break.com/index/stock-future-trader-gets-slammed.html

His video 7k:
http://youtube.com/watch?v=2qlPW4wSzM8

After the loss (he sold):

http://youtube.com/watch?v=kE6O02T6Vvw

[Were Down]
 
Posted by Jo4321 on :
 
LOL, I am that guy. Minus the bad language and on a smaller scale.

I made only a teeny tiny profit on MON. It was sheer luck though because I had a stop loss in that day the market had those wild swings. I cancelled it that morning, thank goodness, or I'm sure it would have filled at the LOD of $93.22.

Because of that scare, as soon as I was in the green, I sold it.
 
Posted by Jo4321 on :
 
GME down $2.82 (5.38%) See how that works. I am the ultimate buy long/sell short signal.
 
Posted by IMAKEMONEY on :
 
PPS 129.20
 
Posted by TimW on :
 
Back in apple again.

Didn't make my 128$pps point but 130 is good enough. Dont expect much lower now that its come back down to earth.

GL 2 all!
 
Posted by Mortimer on :
 
You're a brave man for going in before Bernanke opens his mouth.
 
Posted by Jo4321 on :
 
Is Apple Finally Cheap?
 
Posted by Jo4321 on :
 
Apple up in After-Hours - Makes Positive Comments at Conference
4:57 p.m. 02/27/2008 Provided by


Boston, Feb 27, 2008 (MidnightTrader via COMTEX) -- AAPL is generating firm buy action through the first hour of night trade, jumping nearly 3% on reports it made some bullish comments at an investor conference.

Briefing.com reported tonight the company is at a Goldman Sachs conference pointing to positive news in the Apple TV category, Macbook Air and strong iPhone demand.

Price: 126.06, Change: +3.10, Percent Change: +2.5

Copyright (C) 2008 MidnightTrader.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
 
Posted by Slimpickens on :
 
APPL been climbing slow and steady for a while now. Minor setback yesterday. I think we are headed back to the 160's by mid April. Am I the only one still holding this?
 
Posted by Nile on :
 
This is one of the safest investment with a large guaranteed return. Apple cant lose money right now... I see it going back up to $200 with in six months!
 
Posted by Slimpickens on :
 
Another nice day so far. Hope this continues.
 
Posted by NEL on :
 
Still in this too!
 
Posted by Slimpickens on :
 
great news
http://biz.yahoo.com/rb/080423/apple_results.html?.v=2
aapl financials out. look great except a little low on there next qrt. predictions, but they always do that.
 
Posted by stocktrader22 on :
 
aaple will be at $155 soon on these earnings, already factored in. guidance not good enough
 
Posted by TimW on :
 
$180.
 
Posted by Ace of Spades on :
 
Anyone have any PPS peredictions with the new IPhone comming out?
 
Posted by Ace of Spades on :
 
3G iPhone: Spy shots from around the world

With only a couple days to go before Steve Jobs’ June 9 keynote — and with millions of 3G iPhones reportedly shipped and ready to sell — it’s a miracle that nobody outside a small circle of loyal employees, NDA-bound suppliers and (we presume) a few hand-picked reporters has set eyes on one.

Or maybe we have. Since early April, the Apple rumor mill has been steadily grinding out specs and spy photos purporting to represent the new iPhone. Most are surely red herrings or Photoshop creations. But what if one of them is real?

Just in case, here’s a collection of the images that have come across my desk over the past few months. If you’ve seen more — or better — send me the links, and I’ll pop them in. [Subscribers: click here to see what I'm talking about.]


April 3: U.S. iPodObserver.com. This one with a shiny black plastic back looked promising for a couple weeks…

 -

 -

April 30: U.S. iLounge. Third-party manufacturers have already started building products using the specs in the diagram below, according to iLounge. “Photographs matching these details are apparently authentic,” says iLounge’s Jeremy Horwitz, “ones that do not, are not.”

 -

May 5: China, WeiPhone.com. This is the first of several white 3G iPhone spy shots. Note the similarity of the second image to the iLounge specs above.

 -

May 19: U.S. Mobilewhack.com. These crisp, professionally produced images are white and rounded, but lack some of the details that have become conventional wisdom, like the Apple logo and the distinctive base.


 -

May 26: Greece, iphonehellas.gr. These shots, formatted to resemble an Apple ad, bear little resemblance to any of the others, but they do pick up the iLounge color scheme.

 -
 
Posted by IMAKEMONEY on :
 
JUST BOUGHT THE NEW 16 GB IPHONE, SO SWEET!!
 
Posted by TimW on :
 
Ace..
"Why didn't you?...that is the question???"


For one, because this is 'the hotstocks' forum.. This thread is well over a year old. The stock has not been "hot" for a year.. its been hot the last 3 months, but not the year this threads existed.

It is well overdue to have a new thread and a new TITLE, and what better time than a new product launch.

[Smile]
 
Posted by Ace of Spades on :
 
Bro this stock has been the HOTTEST stock for years ever since the IPOD came out!!!

Its not the APPLE has been hot the past few months....the whole market bounced after bottoming.

And Look at the most recent posts...there have posts every month this year and in 2007

...........................................

Here is a memorible quote from you on August 16, 2007 12:45 PM

APPL is at the end of its iPhone run. The next competitors will be out soon and the glory is over.

Many rushed out and bought the phone for the bling factor but are starting to realize.. they cant even use it!

For twice the competitors price... iphone does not let you:

cant send mms messsages (picture messages)
cannot be used as a modem (no way to use it with your laptop for internet access)
its "massive storage" can only hold itunes songs.. no data.. which is ok because it cant use any data like docs and xls files anyway.
no synching with outlook (of course they dont want to deal with Microsoft products.. but huge limitation to anyone that uses a phone for more than a call)
cant send anything over blue tooth.
no java or 3rd part application support
no voice activated dialing
no external storage like SD cards
hell, you cant even use your iTunes songs as ring tones!

Stick a fork in it

People are finally starting to see that their iphone is pretty much a useless toy.. mauahhahah!



Oh, forgot the silly web browser also doesnt support flash!

Ok now im done.


STILL not covering my short position yet.


$112 and dropping.

................................................

Here was my reply to you on August 23, 2007 01:23 AM

TIMW....Apple already has other phones being made right now!!!

...they will release even better phones soon...the first IPHONE was just to get their feet wet...and let the World know they mean business...Apple phones are here to stay

...............................................

I was right on the money...... [Were Up]

Many Apple fans have been on this thread for a while now...let's keep it going in 2008 and beyond!!!
 


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