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Investors continue to bid up Apple following its big court victory over Samsung. AAPL +2.4% to a...
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Monday, August 27, 2012, 7:35 AM ETInvestors continue to bid up Apple following its big court victory over Samsung. AAPL +2.4% to a record $679 premarket. GOOG -1.4%, MSFT +1%, NOK +11.7%.
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I do believe that most people, including Alpha readers are grossly underestimating the impact of this decision. It goes far beyond the $1B the jury awarded to Samsung. Even ignoring the possibility that Judge Koh will triple the damages at the Sept hearing. Samsung has to deal with the impact of barred Samsung products, paying license fees to Apple or doing a panic redesign of their products.
You can also bet that every Android smartphone manufacturer is meeting with their lawyers to find out how this impacts them. HTC being the next biggest target.
It will also be interesting to see how many analysts in the next few days up their 12 month target share price on Apple as a result of this decision. That in itself could produce a very nice short term run.
First one this am.
AAPL has been reiterated by Oppenheimer as a outperform at 800.0.
Dont think so
http://bit.ly/QFk4zi
McDonald's didn't invent clowns or arches. It's "trade dress" and the IP of McDonald's. If you open a restaurant and put golden arches over it and have a clown in your ads. McDonalds will sue your butt off and win. .. and what will you say sarcastically .... "McDonalds invented clowns after all."
BTW. Samsung was down nearly 7.5% on the KOSPI.
Anyway, he is laughing all the way to the bank right now.
are moved around that's about it in truth. seems like the deperate act of a company running out of new ponies. moeny could have been spent on r&d or a million better ways, rather than line the liaryers pockets. i realize it's a subtle difference, as in VERY!!
It's "identical".
I get you don't understand "trade dress". I gave you a chance to learn something and you opted not to. That's fine. I'll start at a lower level. Perhaps you can learn the correct spelling of "identicle". Baby steps. In a year or so we'll try "trade dress" again.
I feel if your already in below 660 then the risk for you is little... if you buy in now though risk is heavy.
So what will be the price of Apple when SCOTUS rules?
Lets be realistic here. an ANNOUNCEMENT wont bring up the stock 10%..
Watch VZ and T closely as well... if they are heavily subsidized as per the last ones they could take a hit early on as they pay for those upfront costs.
There's so much disappointment risk in that...
There are so many headwinds to overcome to push to $700 and beyond (most significantly, the sheer volume of hardware that needs to be sold) I wonder how folks are arriving at these conclusions.
I have no position in AAPL at this time and no interest in opening one.
There is also a huge risk that Apple will be the victim of it's own success in that expectations have never been higher at the same time competition has never been so fierce.
I see a (possible) $200 Surface, and sub $200 Nokia smartphone hurting Apples (and Googles) numbers. They don't need to demolish or even do better than expected to put sharks in the water.
I have no stock in Apple at the moment, but now that they are pushing a dividend I'm looking for a sub $650 position.
4 inches is just too small!!
Everyone wants to own a maxi-pad.
The name would be irresistible.
But not everyone is reading SA or hovering over charts or doing analysis.. The mass investor will perceive opportunity in a split, even when it is clearly explained to them. I cannot believe how many times my investment cronies bark about "how expensive it is to buy APPL!" It is incredibly childish, and they just cannot get their minds around an investment increasing in value.....as a percentage.
Apple needs to split. Why does Coke (who just split), Wal-Mart, Pepsi and just about every other company understand the need for splitting but Apple can't? Bottom line is that it does make a difference.
Don't believe it? Well imagine apple split 20 for 1 a month ago. Before the verdict Apple would have been about 33/share. Do you think apple would have popped just 60 cents on this jury award? Well that was pretty much what happened. today. Had they been 33/share you would have seen the stock up 2 to 5 bucks or the no split equivalent of 40 to 100 points. At 660 there was no way apple could have seen 100 point gain. People and traders cannot handle that.
They should keep track of all the suggestions to split and give the millionth one a top of the line iMac.
Therefore and also since the stock is still cheap by any normal metrics, the price I might part ways with this golden stock is around $835, which means buy and hold Apple is still a very reasonable and profitable plan, maybe even a safe one, and dont forget Apple is one of the few companies who will do great regardles of what the macro economic problems might be. For instance, if China continues slowing, Apple still wont. There are more than enough customers for Apple products in China willing to pay more for the prestige products regardless of a gradual slowdown. In fact, Apple has far outperforfmed the global economy for a long time now.