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Overlooked in Apple's (AAPL) long list of Mac and iOS announcements yesterday was the company's...

Overlooked in Apple's (AAPL) long list of Mac and iOS announcements yesterday was the company's release of several iOS features aimed specifically at Chinese users. The features include not only the expected addition of Baidu (BIDU) search, but also the integration of Sina's (SINA) Weibo and merging video sites Youku (YOKU) and Tudou (TUDO), as well as Chinese-language support for Siri. Apple's China sales soared 3x Y/Y in the March quarter to $7.9B, and made up 20% of its sales.
Comments (9)
  • Gary Bushwacher
    , contributor
    Comments (508) | Send Message
     
    I didn't miss it. Bodes well for China sales, doncha think ?

     

    What I did miss however was an explanation why the stock plummeted ?
    12 Jun 2012, 10:16 AM Reply Like
  • BadCop_NoDonuts
    , contributor
    Comments (482) | Send Message
     
    Market Makers are jigging AAPL up and down, and pulling day-traders around by the short hairs. Long term investors don't need to worry.
    12 Jun 2012, 10:47 AM Reply Like
  • User66224
    , contributor
    Comments (192) | Send Message
     
    Refer to Mostapasta's comment. Ever since Apple, Inc was present at the MacWorld expos from the early 2000s, Apple stock has tumbled after the keynote.
    12 Jun 2012, 11:16 AM Reply Like
  • cwalter911
    , contributor
    Comment (1) | Send Message
     
    If you could do an analysis of the trades and know who the account holder is you can see how certain large block traders run the market down. If they are in positions manage other people's equity, then you can see those shares used to drive prices down. The relationship between these traders is not one of independence.

     

    This data is what the exchanges and SEC is privy to, but not the general public.

     

    They just want to run the stock down and then back up again.

     

    They do get burned from time to time, but not often.

     

    These are the same type of "Bear Raiders" that I read about during the 1920s in "Reminiscences of a Stock Operator" by Edwin Lefevre. Goes to show you nothing has changed.

     

    My question is: "If a stock price can be so manipulated, then how competitive is the market?" Using the term manipulation does not merely imply but state defacto that the market is rigged. The question is to what degree?

     

    You can still make money in a rigged market, but this explains why fundamental analysis for many stocks is way off.
    12 Jun 2012, 01:14 PM Reply Like
  • Mostapasta
    , contributor
    Comments (24) | Send Message
     
    Overlooked, yet the most important news from yesterday. China will comprise the vast majority of Apple's growth over the upcoming quarters.

     

    Seems reporters are only concerned with the hardware releases and the market continues to have unrealistic expectations of Apple's updates.
    12 Jun 2012, 10:26 AM Reply Like
  • dab3z
    , contributor
    Comments (312) | Send Message
     
    I would argue that Apple's obvious attempt to encroach on Google's mobile advertising turf is just as important. Apple wants users to completely bypass Google search. And they're going to do that with Siri.
    12 Jun 2012, 04:40 PM Reply Like
  • Odin.
    , contributor
    Comments (79) | Send Message
     
    I am encouraged to see Apple keeping its eye on the important stuff, rather than just pleasing the headline crowd. Such strategic alliances are much more important than how thin they can make a MacBook.
    14 Jun 2012, 02:51 PM Reply Like
  • jswieter
    , contributor
    Comments (169) | Send Message
     
    The rumor mill and expectations never help. A bit of a roller coaster at times. That is why the long term view is what matters. Apple has plenty of upside in innovation and growth. Plenty. Fun to watch, hard to stomach at times.... but even better to be invested. The ongoing war for global supremacy (with Apple leading the way with incredible innovation) will be continue to impress and show us all what great design, engineering and a complete brand experience can do to improve the human experience. All at the hands of incredibly talented people with unlimited human capital (and financial). Go Apple.
    12 Jun 2012, 10:37 AM Reply Like
  • wbrowder@swbell.net
    , contributor
    Comments (30) | Send Message
     
    are China sales of Iphone subsidized with long term contracts like in USA; or the phone sold outright? it would make the 7.9m phone sales very strong - or something like US sales profit which could dry up quickly without continued subsidize.
    12 Jun 2012, 11:19 AM Reply Like
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