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Investors continue to bid up Apple following its big court victory over Samsung. AAPL +2.4% to a...

Investors 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%.
Comments (31)
  • arvml
    , contributor
    Comments (84) | Send Message
     
    Apple has only just begun, it will hit $700 plus today. Loving it!
    27 Aug 2012, 07:39 AM Reply Like
  • gensearch2
    , contributor
    Comments (1441) | Send Message
     
    It's possible, but it would be pretty rare for Apple to be up more than 3%.

     

    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.
    27 Aug 2012, 08:11 AM Reply Like
  • Joeriii
    , contributor
    Comments (198) | Send Message
     
    700+ today? We'll see.
    Dont think so
    27 Aug 2012, 08:53 AM Reply Like
  • Joeriii
    , contributor
    Comments (198) | Send Message
     
    What are the predictions for tomorrow? LOL
    27 Aug 2012, 10:38 AM Reply Like
  • brea
    , contributor
    Comments (49) | Send Message
     
    well.....they did invent "rounded corners" that should take em to a grand easy, i think!!
    27 Aug 2012, 07:47 AM Reply Like
  • gensearch2
    , contributor
    Comments (1441) | Send Message
     
    Can't anyone around here understand "Trade Dress"?

     

    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.
    27 Aug 2012, 07:52 AM Reply Like
  • Okatie Jack
    , contributor
    Comments (92) | Send Message
     
    Perfect.....thanks.
    27 Aug 2012, 08:35 AM Reply Like
  • blejsmith
    , contributor
    Comments (216) | Send Message
     
    Hilarious comment! Thanks for that comedic piece. Shows your complete lack of intelligence.
    27 Aug 2012, 08:41 AM Reply Like
  • HZLIU
    , contributor
    Comments (212) | Send Message
     
    It is quite different from McDonald's arches and clown. We are talking about some human instints the way human to hold a phone and the way human to touch the screen to do things. Apple seem to be able to patent human behaviors and that is what Jobs like, to control.
    27 Aug 2012, 12:50 PM Reply Like
  • gensearch2
    , contributor
    Comments (1441) | Send Message
     
    There were three patents that the jury upheld and a trade dress claim. Rectangles and rounded corners weren't IP.
    28 Aug 2012, 08:51 AM Reply Like
  • Leont68
    , contributor
    Comments (1357) | Send Message
     
    don't forget NOK its up more then 11 percent pre market. Guess Elop was not as crazy as people made him out to be. Nokia is lawsuit proof and has a great start in the windows phone market.
    27 Aug 2012, 08:34 AM Reply Like
  • Matthew Davis
    , contributor
    Comments (3726) | Send Message
     
    It has nothing to do with Elop...it has to do with the fact that Apple just opened the door to MSFT windows phone as now a viable product, NOK is just riding on their coat tails.
    27 Aug 2012, 09:14 PM Reply Like
  • Leont68
    , contributor
    Comments (1357) | Send Message
     
    come on Madav, when Elop went with Microsoft it was his fault. Now things are turning around and Elop does not get any credit?

     

    Anyway, he is laughing all the way to the bank right now.
    28 Aug 2012, 05:44 AM Reply Like
  • brea
    , contributor
    Comments (49) | Send Message
     
    look at th automobile industry, all the cars look identicle, the decals
    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!!
    27 Aug 2012, 08:36 AM Reply Like
  • gensearch2
    , contributor
    Comments (1441) | Send Message
     
    All restaurants have chairs and tables. .....

     

    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.
    27 Aug 2012, 08:41 AM Reply Like
  • Hhsuresh
    , contributor
    Comment (1) | Send Message
     
    That is why you patent your inventions so that others will not copy and benefit.
    27 Aug 2012, 08:45 AM Reply Like
  • wigit5
    , contributor
    Comments (3986) | Send Message
     
    The risk here is that in the appeal, the ruling is tossed out. Then we see Apple plummet back to $650.

     

    I feel if your already in below 660 then the risk for you is little... if you buy in now though risk is heavy.
    27 Aug 2012, 08:58 AM Reply Like
  • gensearch2
    , contributor
    Comments (1441) | Send Message
     
    There won't even be an appeal until after 20 Sept. And how long will the appeal take? Which will be appealed again by whoever loses that appeal? Which will be appealed again by whoever loses that appeal. And in a few years SCOTUS will make a ruling which won't apply to any existing products.

     

    So what will be the price of Apple when SCOTUS rules?
    28 Aug 2012, 08:54 AM Reply Like
  • Star Weekly
    , contributor
    Comments (161) | Send Message
     
    $ 700 is more likely to come at the end of this week. And then, September 12th announcement for iPhone 5 will bring the stock to & 750 and in October, iPad Mini will be introduced, and that wiill take Apple to $ 775.
    27 Aug 2012, 09:03 AM Reply Like
  • Joeriii
    , contributor
    Comments (198) | Send Message
     
    Teach me how to look in the future.
    Lets be realistic here. an ANNOUNCEMENT wont bring up the stock 10%..
    27 Aug 2012, 09:09 AM Reply Like
  • kickshark
    , contributor
    Comments (29) | Send Message
     
    Didn't the market already know about iPhone launch?
    27 Aug 2012, 10:00 AM Reply Like
  • wigit5
    , contributor
    Comments (3986) | Send Message
     
    The iPhone launch won't move the needle much as most of it is baked in (and has been for months). What will move the needle 4Q earnings and early reviews of the sales numbers.

     

    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.
    27 Aug 2012, 10:02 AM Reply Like
  • kmi
    , contributor
    Comments (3995) | Send Message
     
    The comments on the iPhone5 pushing the stock price up heavily are getting bizarre.

     

    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.
    27 Aug 2012, 11:20 AM Reply Like
  • wigit5
    , contributor
    Comments (3986) | Send Message
     
    @kmi, I really don't like the hype over the recent legal victory, it could be overturned and while Apple definitely beat everyone out of the gate, competitors are quickly catching up.

     

    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.
    27 Aug 2012, 11:28 AM Reply Like
  • pagreen1966
    , contributor
    Comments (587) | Send Message
     
    Yes cannot wait for the ipad mini. Just wish Apple would produce an iphone maxi so that I can have an Apple smartphone and get rid of my beloved Dell Streak 5!

     

    4 inches is just too small!!
    27 Aug 2012, 11:31 AM Reply Like
  • jt380
    , contributor
    Comments (68) | Send Message
     
    if apple made an iphone maxi it would be the same thing as the ipad mini though, why own 2 of the same thing by a different name?
    27 Aug 2012, 01:55 PM Reply Like
  • kmi
    , contributor
    Comments (3995) | Send Message
     
    Well, there's coolness factor.

     

    Everyone wants to own a maxi-pad.

     

    The name would be irresistible.
    27 Aug 2012, 02:11 PM Reply Like
  • consultnick
    , contributor
    Comments (184) | Send Message
     
    The most influential factor to potentially affect Apple's market capitalization will be a stock split. All else pales in comparison. Just imagine if it did a 10 for 1 split! The perception of an easier entry would be enough to increase market cap dramatically. Of course everyone knows that it is just a mathematical trick with no inherent increase in value.

     

    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.
    27 Aug 2012, 11:51 AM Reply Like
  • ISRG buyer
    , contributor
    Comments (229) | Send Message
     
    Great post. I have posted the same exact thing a million times. I have emailed Apple IR as well. I am shocked Apple does not understand this. I've seen it firsthand even with smart people. Doctors, lawyers, investment advisors, etc. All say apple "expensive" not from valuation but from the share price tag. It is incredible.

     

    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.
    27 Aug 2012, 09:44 PM Reply Like
  • gensearch2
    , contributor
    Comments (1441) | Send Message
     
    Apple understand what a stock split means. It means there is an initial surge in the share price and in the long run it doesn't make any difference. Cook has made it pretty clear that they don't intend on splitting to manipulate short term share price. I suppose one day they could get sick and tired of getting the suggestion to split and split the stock just to shut everyone up.

     

    They should keep track of all the suggestions to split and give the millionth one a top of the line iMac.
    28 Aug 2012, 09:01 AM Reply Like
  • bjnflicks
    , contributor
    Comments (2106) | Send Message
     
    If you look at Apple's chart for the past two years, you see a dramatic general rise toward $1000 or so with a few peaks and valleys, whichb are rather sharp. The sharp drops came when naysayers found an audience, whether it was from Job's death or the two slight slow quarters (which turned out to be temporary product cycle lulls only). We may get one more of those, then it is likely there will be nothing negatrive for any naysayer to hang a hat on until next year. During that period, we can expect continued rational bullishness and several major positive events. And this victory over Samsung pay be the tip of the iceberg in terms of battling back competitors. In fact, when all is said and done, Google may have to starft paying Apple royalties. This is why I see $850 by January very likely, The launches of iPhone 5 and mini iPad alone should be worth 25 points apiece and there are many other positive events which are possible during the next 5-6 months including splitting the stock, upping the dividend, a China Mobile deal and more court room victories (or capitulations by Samsung and others, deciding to settle instead in Apple's favor).

     

    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.
    27 Aug 2012, 12:47 PM Reply Like
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