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"We've got a little more to show you," says Apple (AAPL +1.9%) in an invite for a...

"We've got a little more to show you," says Apple (AAPL +1.9%) in an invite for a widely-expected Oct. 23 event to be held in San Jose at 1PM ET. All signs point to an iPad Mini launch - will new Mac Minis and a 13" retina MacBook Pro also arrive?
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Comments (46)
  • Noreika
    , contributor
    Comments (479) | Send Message
     
    "We've got a little more to show you":
    Is that to Samsung reverse-engineers or the public??
    16 Oct 2012, 12:26 PM Reply Like
  • Gloube
    , contributor
    Comments (105) | Send Message
     
    "Here is the iPad mini. You heard well: we've invented the miniaturization. And we are going to patent it. From now on, our competitors cannot reduce the size of their devices."
    16 Oct 2012, 12:35 PM Reply Like
  • gensearch2
    , contributor
    Comments (1518) | Send Message
     
    You can make up Apple patents that don't exist just like Samsung.
    16 Oct 2012, 12:39 PM Reply Like
  • chopchop0
    , contributor
    Comments (3933) | Send Message
     
    And jurors will still believe in them!

     

    http://bit.ly/RQ6mwd
    16 Oct 2012, 01:56 PM Reply Like
  • Camden
    , contributor
    Comments (1363) | Send Message
     
    This event should take away a good deal of the uncertainty that has been dragging down the stock. It will be interesting to see which products (in addition to the smaller iPad) will have updating announcements as part of the presentation. I suspect the new products will lead to VERY big holiday sales over the next two quarters - here and in China. This should be a GREAT time to be a buyer of Apple stock.
    16 Oct 2012, 12:41 PM Reply Like
  • KIA Investment Research
    , contributor
    Comments (10783) | Send Message
     
    Camden,

     

    >> "good deal of the uncertainty that has been dragging down the stock."

     

    Doesn't anticipation usually cause a rally though?
    I expected to see the stock rallying on news a mini was coming.
    As it stands, if it's not the killer device, i see the stock weakening even more.
    16 Oct 2012, 08:05 PM Reply Like
  • Internal Source
    , contributor
    Comments (313) | Send Message
     
    This is going to be a disaster event with ridiculous price points and bad margins, a total failure, a sign that they... oh wait, I'm not pirota.... ;)
    16 Oct 2012, 12:43 PM Reply Like
  • nungster
    , contributor
    Comments (123) | Send Message
     
    Hahaha you had me up to "not"
    16 Oct 2012, 02:05 PM Reply Like
  • chopchop0
    , contributor
    Comments (3933) | Send Message
     
    Rip Pirota all you want. He has a point on this move by AAPL. This article describes the dilemma for AAPL perfectly:

     

    http://bit.ly/Wv7itN
    16 Oct 2012, 02:15 PM Reply Like
  • scott trader
    , contributor
    Comments (5597) | Send Message
     
    most of the bashers work for dell hp msft rimm goog and afraid they may get a memo to clean out their cubicle....
    16 Oct 2012, 06:58 PM Reply Like
  • sduris
    , contributor
    Comments (576) | Send Message
     
    I don't even think Wigginton got a memo, did he?
    17 Oct 2012, 03:15 AM Reply Like
  • pirota
    , contributor
    Comments (150) | Send Message
     
    I'm here don't worry, enjoying Apple cutting margins ;)
    16 Oct 2012, 12:51 PM Reply Like
  • dab3z
    , contributor
    Comments (312) | Send Message
     
    I'll enjoy the rising bottom line and rising PPS too.
    16 Oct 2012, 03:13 PM Reply Like
  • KIA Investment Research
    , contributor
    Comments (10783) | Send Message
     
    pirota, I was actually questioning whether or not this move by Apple would result in the Mini cannibalizing regular iPad sales.

     

    It's however only a problem if:
    1. the margin on the Mini is < the margin on the regular iPad
    2. People that "want and iPad" opt for the lower margin Mini
    16 Oct 2012, 08:13 PM Reply Like
  • Onlinden
    , contributor
    Comments (120) | Send Message
     
    AAPL ready for blast off -- Kass and his hedge fund buddies made their short profits, now it's time for fundamentals to take over again. Andy Zaky called a rare "buy" -- he's never been wrong on one of those -- see you much higher!
    16 Oct 2012, 12:54 PM Reply Like
  • Skippy09
    , contributor
    Comments (1682) | Send Message
     
    The AAPL bashers make too much noise. All one has to do is wait for a "buy" call from Mr. Zaky then sit back or add to your position. Pretty easy really.
    16 Oct 2012, 01:04 PM Reply Like
  • mostserene1
    , contributor
    Comments (3358) | Send Message
     
    Buy. Sell. Rinse and repeat. Can't miss with this stock.
    16 Oct 2012, 01:07 PM Reply Like
  • ManoLive
    , contributor
    Comments (437) | Send Message
     
    Don't forget to include all the apple bears and their doomsday posts in your rinse repeat thesis. :-)
    16 Oct 2012, 01:23 PM Reply Like
  • bjnflicks
    , contributor
    Comments (3668) | Send Message
     
    Whenever you hear shorts poo-pooing Apple and bemoaning its inevitable end in the trashheap, BUY! Whenever you hear "Apple is going to 2000". Sell. But right now it is a solid 6 month hold. Aside from next week's earnings which will only be partially excellent (iPhone 5 just came out and there was a lag before that) we can count on 2-3 more quarters or totall gargantuan blow-out earnings and tremendous global growth. It will be similar to last january but bigger. And yes the stock has come up since then but it is still cheap, especially now under 650 where is a roaring buy.
    16 Oct 2012, 01:54 PM Reply Like
  • croatkid1
    , contributor
    Comments (211) | Send Message
     
    Onlinden
    Trying to contact Andy M. Zaky - can you quietly help me ?
    16 Oct 2012, 08:43 PM Reply Like
  • bjnflicks
    , contributor
    Comments (3668) | Send Message
     
    Apple is not cutting margins, they more than make up for it on the backend. Remember why Amazon is giving away Kindles at cost. Apple will make tens of billions in profit from the mini iPad as it will crush the lower end competitors and bring millions more people into their eco-system where they will buy all kidns of things through Apple. And brand loyalty with Apple is so amazing likely all those people will remain Apple customers for the rest of their lives. Have you ever seen an Apple user quit and go back to the PC or Android? very rare. This stock deserves to be over 800. and will be soon.
    16 Oct 2012, 01:51 PM Reply Like
  • 426260
    , contributor
    Comments (134) | Send Message
     
    bjnflicks:
    Agreed, Apple will make significant profits on the iPad Mini, since the incremental investment for the Mini is relatively small (even if gross margins will probably be lower), since it leverages much of the investment in the iPad.

     

    As for making significant profits from selling content in the App Store and iTunes, Peter Oppenheimer, the Apple CFO, has stated that Apple runs their content stores at break-even (see quote and link to earnings transcript below).

     

    "Peter Oppenheimer - Chief Financial Officer, Senior Vice President
    ...Regarding the App Store and the iTunes stores, we are running those a bit over break even and that hasn’t changed."
    http://seekingalpha.co...

     

    The content Apple sells is a means to an end; the "end" being the selling of their high-margin devices.
    16 Oct 2012, 03:59 PM Reply Like
  • Efrain Rojas
    , contributor
    Comments (208) | Send Message
     
    Apple cant cut its margins without causing a mass extinction in the mobile and pc space. Then Apple would invite anti-trust action.
    16 Oct 2012, 02:01 PM Reply Like
  • chopchop0
    , contributor
    Comments (3933) | Send Message
     
    That sounds very unlikely. Their shares would crater with such margin contraction
    16 Oct 2012, 02:16 PM Reply Like
  • nandrake
    , contributor
    Comments (8) | Send Message
     
    Bitter bitter people posting. Stock will now fill huge gap from $700.
    Also the new product will be huge!
    According to Jefferies today Apple just increased MFG. order of IPhone 5.
    16 Oct 2012, 02:23 PM Reply Like
  • racchole
    , contributor
    Comments (365) | Send Message
     
    When consumer investors start saying that an investment is guaranteed, what usually happens?
    16 Oct 2012, 02:34 PM Reply Like
  • VictorHAustin
    , contributor
    Comments (827) | Send Message
     
    It goes up at an accelerated pace and the real big money is made by the savvy traders who know what a PEG is. Recommend all weak hands sell now..
    16 Oct 2012, 07:41 PM Reply Like
  • cvesper
    , contributor
    Comment (1) | Send Message
     
    After hearing that AAPL hired a former Samsung engineer, then this event should be interesting. I would like to see nice prices on miniature items but I'm still set for a while with my 13MBP and iPhone 4s.
    16 Oct 2012, 03:10 PM Reply Like
  • DanoX
    , contributor
    Comments (2847) | Send Message
     
    Apple is in the long term process of carving out marketshare from the hides of Microsoft, Rim, Motorola, and Nokia, Apple is also putting the crunch on HP, Dell, and Intel, all of these companies going to be much smaller companies in five years. Only Microsoft and Intel being at the of the pyramid will survive in any form close to what they were.
    16 Oct 2012, 03:18 PM Reply Like
  • chopchop0
    , contributor
    Comments (3933) | Send Message
     
    It's amazing to think that AAPL was in that position just over a decade ago....
    16 Oct 2012, 03:19 PM Reply Like
  • Skippy09
    , contributor
    Comments (1682) | Send Message
     
    Plus, I believe Apple has it's eye on enterprise in a very big way.
    16 Oct 2012, 05:54 PM Reply Like
  • VictorHAustin
    , contributor
    Comments (827) | Send Message
     
    I see no sign they have a clue what Enterprise needs. They killed X-serve, don't preinstall MySQL, wiki is beyond weak, won't run custom corporate Java apps, just to name a few you've heard of. Across the board clueless arrogant and not listening. So far they're ceding corporate to Unix. IMHO.
    16 Oct 2012, 07:47 PM Reply Like
  • Skippy09
    , contributor
    Comments (1682) | Send Message
     
    "So far they're ceding corporate to Unix. IMHO"

     

    So far, I agree with you. It was 6-12 months ago (unfortunately I have no link) I read where Apple was quietly hiring enterprise programmers. Apple doesn't do any long-term planning anything but quietly. Do you think all the Apple fans growing up are going to buy Unix and Wintel when *they* are making the IT decisions?
    16 Oct 2012, 11:44 PM Reply Like
  • sduris
    , contributor
    Comments (576) | Send Message
     
    That's not their competency - I don't see it. They are very methodical. Just look at steps being taken with iTV.
    17 Oct 2012, 03:17 AM Reply Like
  • DanoX
    , contributor
    Comments (2847) | Send Message
     
    Just think where they would have been had Steve Jobs hadn't spent 12 years away from Apple.
    16 Oct 2012, 03:21 PM Reply Like
  • VictorHAustin
    , contributor
    Comments (827) | Send Message
     
    Wherever, it would be without OS X. Apple didn't redo the UI on Unix on its own.
    16 Oct 2012, 07:49 PM Reply Like
  • DanoX
    , contributor
    Comments (2847) | Send Message
     
    OS X came to Apple from Next for 400 million and Steve Jobs (CEO), if SJ hadn't been fired from Apple, OS X would have been green lighted and developed at Apple by Steve Jobs. Next, OS X and Steve Jobs are one and the same.
    16 Oct 2012, 08:43 PM Reply Like
  • kathycorby
    , contributor
    Comments (4) | Send Message
     
    Based on both technicals and fundamentals, this stock can't miss. The crafty hedge fund managers, Kass more than anyone, have pulled the Aapl slingshot taut by their disingenuous trashtalk, and retail investors had better load up for the coming stratospheric ride. Believe me, they will be. BTW, Zaky has never missed on a price target, or on a buy call.
    16 Oct 2012, 05:50 PM Reply Like
  • Aesculapia
    , contributor
    Comments (2) | Send Message
     
    Based on both technicals and fundamentals, this stock can't miss. The crafty hedge fund managers, Kass more than anyone, have pulled the Aapl slingshot taut by their disingenuous trashtalk, and retail investors had better load up for the coming stratospheric ride. Believe me, they will be. BTW, Andy Zaky has iissued a buy alert on Aapl, and Zaky has never missed on a price target, or on a buy call.
    16 Oct 2012, 05:52 PM Reply Like
  • Vipertom
    , contributor
    Comments (169) | Send Message
     
    Everyone, and I mean everyone, buys off the shelf components to place in their devices. It is rapidly appearing that AAPL is going the route of designing its own components, not the mention the billions it is investing in the supply chain by buying for its suppliers, the machinery needed to produce these components, to the exclusion of its competitors. To be successful, in the future manufacturers will need to control the guts of their devices, something AAPL is taking the lead on. Go AAPL!
    16 Oct 2012, 06:39 PM Reply Like
  • nandrake
    , contributor
    Comments (8) | Send Message
     
    Best Buy just announced they will introduce an Android Tablet priced below $300 with their Insignia brand. Available only in their store...10 hr bat. life and 9 inch screen.
    May prove competitive. AAPL lost a few AH.. Perhaps due to IBM results rather than BB.
    16 Oct 2012, 09:43 PM Reply Like
  • chopchop0
    , contributor
    Comments (3933) | Send Message
     
    probably as significant as blackberry's playbook
    16 Oct 2012, 11:29 PM Reply Like
  • scott trader
    , contributor
    Comments (5597) | Send Message
     
    unless you haven't heard best buy is amazons showroom...
    16 Oct 2012, 11:25 PM Reply Like
  • sduris
    , contributor
    Comments (576) | Send Message
     
    BB really sucks. Oh, ok, I see your point about AMZN. :)
    17 Oct 2012, 03:18 AM Reply Like
  • flumeride
    , contributor
    Comments (324) | Send Message
     
    They need to update the iMac. I've been ready to buy one for 6 months.
    17 Oct 2012, 03:04 PM Reply Like
  • VictorHAustin
    , contributor
    Comments (827) | Send Message
     
    I needed an Apple TV for its AirPlay. One route home takes me past Best Buy so I stopped in. Why would I walk out and spend evening time on stuff like work to order it online? To save a couple bucks? Really, if my time isn't worth as much to me as I charge for it, how lame is that?

     

    Fly in the ointment: out of stock. Didn't have the cable I wanted either, though I expected that.
    17 Oct 2012, 09:49 PM Reply Like
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