Market Currents
Apple's (AAPL) FQ1 sales could get a bump from Wal-Mart (WMT), which has begun selling the 16GB...
-
Sunday, December 16, 2012, 4:38 PM ETApple's (AAPL) FQ1 sales could get a bump from Wal-Mart (WMT), which has begun selling the 16GB iPhone 5 at a subsidized $127 at thousands of U.S. stores. The retail giant is also selling the 16GB 3rd-gen iPad for $399 (a $30 iTunes card is thrown in), and the 16GB iPhone 4S for $47. The size of the price cuts, good for the next 4 weeks, are eye-opening in light of Apple's history of limiting retailer discounts. They come as multiple analysts (I, II, III) strike a cautious tone on iPhone sales thanks to supply chain data.
Other date
TECH ETFs IN FOCUS
Latest Tech Articles
This news story has 66 comments:
My guess iPads will beat forecast, iPhone5 will just scrape north of 40 million
From Los Angeles Times Business:
"Typically, top-of-the-line smartphones start getting discounted if a new version of the device is close to rolling out. But in this case, the iPhone 5 is being marked down more than 35% less than three months after its release -- and in the middle of holiday shopping season. Wal-Mart's Apple-product sale comes shortly after a UBS analyst announced he was lowering his iPhone sales estimates for 2013, saying he expects Apple to sell 5 million fewer phones than his previous estimate for each of the next three quarters."
Also if apple wanted to clear non selling iphone 5's they can price it themselves at 127 online, they dont need walmart to do it...
also last few weeks ago everyone was talking about a shortage of iphone 5's , this week its the way around???? LOL
60 bucks on a $2400 2 year expenditure is like 3% discount people!
Great timing on UBS, the guy has a 780 target and now decides to lower it on friday at 530...good timing...bet the prop desk is short apple.
Every shorter had been arguing "market share".
The world's largest retailer finally made the smart move dumping Amazon and partnering with Apple.
Now the same dingos are bitching about $40 discount on 4S at Walmart! Margin compression?
Besides, what about Samsung Galaxy's for free or buy one get one free? This is a win win for aapl and wmt, in my opinion.
Make up the difference selling everything else.
By the way, the 16GB iPhone 5 isn't the one you want - the one you want is the 64GB. So...again, you use the low price to bring 'em in, then up-sell them.
What kid or parent doesn't want an IPad for Christmas? How many kids or spouses are clamoring for any of the other brands?
http://lat.ms/XvYWQm
http://bit.ly/TVjzUT
Going to 300s as they slowly get commoditized - laugh now, cover later for gains imo. Longs already been in denial for -200 off highs.
I paid $300 with $100 rebate in august this year....
Why is Samsung stock price not falling like a rock? they're margins are getting hit even more than apple.
But, the truth is in there if you read carefully.
People and pundits have been predicting the end of Apple since 1995. The Apple Death Knell Watch is actually collecting these comments for all of us all to see and bear witness to. Not one of these predictions was right or even close to being right. None of the people or pundits predicting Apple's end was right. Quite the opposite. And amazingly, most of the same pundits and analysts are still working today. You have now joined the chorus of that same 17 year old "end of the world" mantra that has been proven wrong over and over again.
Last year Jobs died meant end of the world, IP4s was nothing special, sales weren't going to be great and so death of AAPL had begun, until the Jan earning blew everyone's socks off.
This year AAPL can't compete anymore, IP5 sucks, and people are tired of their products... it's the end of the world again and Jan earning will be crap. Keep selling muppets.
http://bit.ly/Xvmipl
Apple Inc. (NASDAQ:AAPL) is going to be a huge winner as the smartphone market surges in size, according to a new report from Citigroup. Citi expects over 700 mln and over 1.1 bln smartphone shipments in 2012 (+50% y/y) and 2013 (+60% y/y), respectively. Their growth assumption is 30% above the market and based on our view that low end smartphone shipments will surge in 2013 as quality significantly improves and prices erode faster than expected. Through 2015, Citigroup expects smartphone shipment CAGR of 35% versus 57% in the prior 3 years (2010-2012).
How do I get a job where I can just spew out whatever whenever the wind blows and get paid the money and respect that these people do?
http://bit.ly/V25SqA
The perceived king has a few issues, too:
http://bit.ly/T2Wbrm
I do hope the shorts get hurt because their hidden agendas have led to a lot of misinformation.
I also checked with a friend of mine who is a senior executive at Foxconn. He said that he couldn't disclose the data, but he did say that the rumor of 45% cut for Q2 iPhone production is absolutely garbage.
Apple is forecast to have a 2.5% EPS drop year over year for Q1. If the margin mix shifts this EPS drop going forward may increase. A 10% EPS drop for Apple will see the share at 200-300 range, per standard DCF evaluation.
Margins are important. Apple needs to innovate and sell more high margin products.
It will be a big apple christmas
An in favor of the loss-leader interpretation: its only available in-store in one of their in-store AAPL stores.
I'm surprised by the move by both companies, timing, etc.
As far as the price of Apple shares, great stock to buy 5-10 years ago. At current prices, there is no way to leverage even if it does go up more. Both companies are monsters in their industries, tough to maintain steady meaningful growth numbers when they do the volume both do.
The discounted item is the iPad 3rd gen wifi, selling for $399 + a $30 walmart gift card
Walmart had Same discount on iphone4
So what's the big deal? Why all the spook. Apple made our lives easier and more enjoyable. Why the Apple bashing?
History ALWAYS repeats itself.