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Some Asian Apple (AAPL -1.8%) news: 1) The iPad Mini has launched to sparse crowds in China. The...

Some Asian Apple (AAPL -1.8%) news: 1) The iPad Mini has launched to sparse crowds in China. The regular iPad controlled 71% of the Chinese tablet market in Q3, according to Analysys. 2) China Unicom (CHU) took over 200K iPhone 5 pre-orders in its first 2 days of availability. Unicom is fully subsidizing the phone to those who make a $947 deposit. 3) NTT DoCoMo (DCM) is facing more pressure to strike an iPhone deal (previous): the top Japanese carrier lost 40.8K subs in November to rivals SoftBank and KDDI. Apple's Japanese sales rose 113% Y/Y in FQ4.
Comments (7)
  • thotdoc
    , contributor
    Comments (1415) | Send Message
     
    Yep! The price of the stock going down makes a lot of sense to me.
    7 Dec 2012, 12:18 PM Reply Like
  • narsil
    , contributor
    Comments (51) | Send Message
     
    It makes sense to me that the stock is being sold more than it is being bought therefore the price is going down. But why this is happening is not clear.
    8 Dec 2012, 12:02 PM Reply Like
  • JH001
    , contributor
    Comments (32) | Send Message
     
    Sparse crowds because individuals had to reserve the iPad Mini in advance and then they would be notified when their unit was in. This was to avoid riots that they have seen before with AAPL product launches.
    7 Dec 2012, 12:33 PM Reply Like
  • John1138
    , contributor
    Comments (161) | Send Message
     
    Yes, the launch was reservation only. Avoiding crowds (and accompanying riots) was the whole idea.
    7 Dec 2012, 12:34 PM Reply Like
  • JUDOKA
    , contributor
    Comments (406) | Send Message
     
    The market is telling you that none of this is perceived as good news now.The selling binge will continue in spite of good news with the mindset that is out there now.Current sellers are looking for the next shoe to fall;like a mediocre quarter.The street remains too bullish.I would like to see a bit more blood.Am long Apple;a ton of it for self and clients.Still believe,but I have seen what sentiment(one way or the other)can do to any stock's price.Recall GOOG 1-2 years ago.Stock price couldn't get out of its own way.Guess what??They survived.And so will AAPL;although the timetable for a rally may have been reset.Waiting to see if they accelerated the buyback.Can only hope.Remember,these guys didn't wake up and eat a bowl of stupid three months ago.
    7 Dec 2012, 12:44 PM Reply Like
  • ravenmaster99
    , contributor
    Comments (21) | Send Message
     
    The crowds were sparse because you can't actually buy one, nimrod. You have to reserve it on-line. If they actually sold them in the stores, the mullets would riot like they did the last time the did a launch without having reservations.
    7 Dec 2012, 01:34 PM Reply Like
  • Sacto_Joe
    , contributor
    Comments (255) | Send Message
     
    This pretty much tells it all ( from AppleInsider dot com):

     

    "For Friday's iPad mini launch, a Wall Street Journal reporter was harassed by a group of scalpers for filming them outside the Apple Store in Sanlitun. The scalpers told the reporter they felt it was an invasion of their privacy. "After the reporter pointed out that they were conducting business in a public place, they proceeded to kick, swat and push him as Apple and mall security stood by," Friday's report said. Aside from scalpers at the Sanlitun Apple Store, there were no crowds for Friday's iPad mini launch. The scalpers stood near the store's entrance to collect iPad minis from Chinese customers in exchange for cash."

     

    Of course there were no crowds! There were gangs of thugs near the entrances! I'd be willing to bet that they demanded each customer buy two iPad Mini's and sell them one or else face getting the **** kicked out of them when they went around the corner. Notice that Apple and mall security did nothing as the reporter was physically assaulted? It's all of a piece.

     

    But what's "reported" on is that Apple has apparently lost its mojo in China. And people wonder why Apple stock can't catch a break....
    7 Dec 2012, 03:56 PM Reply Like
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