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Apple (AAPL) roundup: 1) In what appears to be an "acqui-hire," Apple has bought Particle, a Web...

Apple (AAPL) roundup: 1) In what appears to be an "acqui-hire," Apple has bought Particle, a Web app/marketing consulting startup. Particle has has done iAd-related work. 2) Going into Apple's Oct. 25 FQ4 report, the consensus for iPhone sales is around 26M-27M. 3) Janney now thinks Apple will sell 25.5M iPads in FQ1, including 6M iPad Minis. 4) Apple has received a patent for a wireless technology that appears to be an alternative to NFC, and multiple patents for improving camera image quality.
Comments (10)
  • nandrake
    , contributor
    Comments (8) | Send Message
     
    AAPL stock moves as if it is controlled by traders. Interesting how it falls close to a major option strike price on expiration day. Today in less than one minute stock turned from being down $5 to flat on no news.

     

    A difficult stock to hold but traders have a picnic. A strange situation not found in most stocks. I am long the stock and have owned for years.
    17 Oct 2012, 03:29 PM Reply Like
  • nandrake
    , contributor
    Comments (8) | Send Message
     
    closed down $5 on no news. The retail trader has no chance with this stock.
    Stocks like GE are much more stable. I will buy more AAPL once traders stop manipulating.
    17 Oct 2012, 04:07 PM Reply Like
  • Daveqwerty
    , contributor
    Comments (64) | Send Message
     
    Study AAPL's past behavior and then get in at a good pullback (like RIGHT NOW). In my early trading days, I kept getting stopped out and then gave up, feeling like you do. How I wish that I had those 200 shares @ $250 now. Get in while you can, stay in, and you should make excellent returns at low risk. I am up 50% on what I bought earlier this year and just added more. And don't let the ratios scare you -- $5 down for AAPL is the same as 17 cents down for GE (28:1).
    17 Oct 2012, 09:22 PM Reply Like
  • bjnflicks
    , contributor
    Comments (1970) | Send Message
     
    AAPL fell today because INTC and IBM missed and many ETF's with those two techs also include AAPL. In truth INTC's loss is AAPL's gain so yes it was an irrational drop. Also, the 26 million iPhones in Q$ estimate looks very beatable. And hopefully Q3 earnings next week with the tip of the iceberg of iPhone sales will also surprise though if not the sales will just be pushed in Q4 and make that even more collosal.

     

    622 was a gift. 645 is a real bargain. And if traders control, then once the uipward momentum peaks they could easily run it up toward 800. 70 is no big barrier once the great earnings news starts coming out. And mini iPad will be a fast gropwing part of that success story.
    17 Oct 2012, 04:13 PM Reply Like
  • Atkins
    , contributor
    Comments (1037) | Send Message
     
    I'll load up the truck(s) if it falls back to 630, which is unlikely to occur. I see AAPL as range bound for a few weeks before it moves up. I'm not sure it will hit $800 in 2012, but I suspect it will in 2013.

     

    Take a good look at the Apple stores at the large shopping malls -- They're the only stores that are completely packed, and in the store, there are tons of kids in their teens and twenties salivating over the products. That bodes well for Apple's future.
    17 Oct 2012, 05:54 PM Reply Like
  • option man
    , contributor
    Comments (59) | Send Message
     
    This is my exact feeling. I wasnt buying more at $625 depending upon the stock price going into earnings. If there is a miss.... I am going all in for next quarter.

     

    $625 is a stupid price right now. If it is below that after earnings in a week, which is not justified regardless, it is even a bigger gift.
    17 Oct 2012, 10:14 PM Reply Like
  • Dialectical Materialist
    , contributor
    Comments (4458) | Send Message
     
    Atkins, I'm curious why you didn't already load up the truck when it was previously at 630? We all like to think we are ready to buy at a discount but when the price is dropping it can be hard to pull the trigger. If AAPL fell 40 tomorrow, would you really have the conviction to pile in or would you wonder if it was headed to 550?

     

    I'm not picking on you. I experience the same stage fright most investors do when our "bargain price" becomes reality. In my case I did add more in the 630's -- in the form of Nov bull call spreads -- but I felt a little queazy doing it. If it works out, I'll say it was an "obvious trade" (and I do think it was on paper), but it didn't feel obvious when I was doing it. It felt (and still does) like a risk.

     

    I love riding the AAPL train, but some of the bumps make it feel more like an amusement park ride than a wise form of transportation.
    18 Oct 2012, 02:07 AM Reply Like
  • Mortonk
    , contributor
    Comments (159) | Send Message
     
    Traders manipulate all stocks for their own ends, they win whether the stocks drop or they rise as they are just glorified gamblers and have no interest in companies real success.....!
    17 Oct 2012, 04:36 PM Reply Like
  • ChrisGriffith
    , contributor
    Comments (104) | Send Message
     
    makes you want to be a trader, huh mortonk?
    17 Oct 2012, 05:40 PM Reply Like
  • Atkins
    , contributor
    Comments (1037) | Send Message
     
    The Elmer-DeWitt article -- and its accompanying chart -- cited in 2) above is interesting. It reflects why I do not base any decisions on the noise from analysts.
    17 Oct 2012, 06:13 PM Reply Like
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