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Over 2M iPhone 5 units have been sold thus far in China, Apple (AAPL) boasts. China Unicom's...
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Sunday, December 16, 2012, 9:23 PM ETOver 2M iPhone 5 units have been sold thus far in China, Apple (AAPL) boasts. China Unicom's (CHU) healthy pre-order activity probably had a lot to do with this figure. Sparse crowds for the Friday launch stoked fears initial sales were light, but weather and pre-ordering requirements seem to have played a role. For reference, Apple announced in September over 5M iPhone 5 units had been sold 3 days after the device went on sale in the U.S., Japan, and 7 other locales. (PR)
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This news story has 56 comments:
That's one of reasons I like Apple--they treat the fools on Wall Street the way they deserve to be treated.
Yes. They treat the "fools" who bought their shares at $700 the way they deserve to be treated. Right. Pittance of a dividend (hoarding cash for no good reason), no innovative products, and litigation up the wazoo. Guess Apple doesn't care about them.
Yep. Apple does treat its shareholders as if they don't matter. Because the executives get shares for free...
Apple treats its shareholders wonderfully--just look at the incredible gains over the last ten years. Look at Apple's unparalleled transparency, at least among tech companies, in reporting sales, revenues, earnings, and profits. As for the dividend, I'm as happy with Apple's dividend as I am with Philip Morris or Kinder Morgan's dividend.
You begin to lose credibility when you claim that Apple has no innovative products. The only innovative products over the last 5-6 years in the mobile space have been the original iPhone and the original iPad. Every device since, whether by Apple or another manufacturer, have been evolutionary rather than innovative. If you consider Samsung's devices "innovative", you have a most curious interpretation of the word.
I am sorry that you do not enjoy my views, but I firmly believe that having that much excess cash, especially in a position of clear dominance, is not the best way to treat shareholders. Short of people just outright boycotting iPhones, there is no real conceivable scenario in which that much excess cash is even healthy.
Apple can afford more of a dividend instead of hoarding even more cash. Or it can buy back shares. Just something to show that the shareholders actually matter to the company.
Reality doesn't seem to be matching with the fantasy.
Agreed. That is where I would buy, too.
L.O.L.
So much for accurate reporting.
Typical SA "analyst" rubbish.
When Apple reached 700s, the price had gone too & far & to fast manipulated by the same guys that manipulate it today. It was predictable by the fundamentals as it is predictable today by the same fundamentals.
The price may go down in 400s but since 600s fundamentals dont say anything just the cristal ball is needed. It seems you got it.
Apple has refused to break $505 repeatedly. A significant rally tonight would show a double bottom, and would mean apple would shoot back to $600 by end of the year.
Not saying that this is not successful, but let's talk after a few more months. As an investor, I like the Galaxy performance better i.e. strong performance for an extended period.
The 5 sold much, much faster than the 4S did in their relative China debuts. That's the real story and it's really hard to interpret that as anything other than positive.
yeah, maybe.
But no one else innovates either, that's for sure.
What the hell can you make a phone do? read your mind? Yeah, that will be innovation. It will know who I want to call before I even know who I want to call. Innovation. It will be powered by oxygen, rendering the battery obsolete. It will self heal scratches from drops.
Google, Amazon, B&N? Just a bunch of me-too's.
All just a bunch of rectangles with glass touchscreens.
The big difference is that Apple sells 10x as many items as everyone else, and makes a good profit doing so. How could you hate apple for doing that?
Amazon makes zilch, and google doesn't make much either. Really poor business models selling for a little above cost.
Even so there weren't revolutionary changes, the IP5 is much better in many ways than the IP4S.
I've never seen a crowd waiting the launch of a product other than Apple's. Will they be happy if there were riots & peuple injured ?
A higher stock price is better than a dividend, which gives in the short term, but takes in the long. You'll get your higher stock price when they release their numbers.