Evidence is growing an iPhone 5S (AAPL +0.4%) will arrive around mid-year. Mizuho says checks indicate an iPhone refresh in June or July, and that March quarter iPhone shipments will fall to the 35M-40M range (in-line with consensus). Wedge Partners: "We understand Foxconn is currently prepping production lines for ... iPhone 5S production, which we believe is scheduled to begin in the April timeframe." The firm thinks the 5S will be unveiled at the WWDC conference (typically in June), with sales likely starting in July. MacOtakara recently reported Foxconn has begun 5S production. [View news story]
Wow! An I Phone refresh. How exciting. For some reason I hear lots about an I Watch. Something that may or may not happen but seemingly lots of info on how it might function. When it comes to the IPhone refresh that's all I hear is "refresh." Refresh what? Why will it be better? Why would I want one? Does anybody really know anything?
iWatch? iTV? Apple's Innovation Death A Media Construct [View article]
"We think it may take a new product to calm those critical of the firms product pipeline?" I don't think the share look inexpensive at all unless they do come up with a new "must have" gadget.
The author is correct. Absent any new "must have" products in the next 6 months the stock has no reason not to continue to fall. I don't know about $265 but the mid 300's is certainly in the cards. A dividend increase or stock buyback will not help the share price for more than a few days. AAPL better have something new to offer before the next 2 quarters earnings are released or you'll be able to buy the stock a lot cheaper than today's $425.
More on Apple: Berenberg's Adnaan Ahmad has downgraded shares to Sell from Buy, while also cutting his rating on Samsung (SSNLF.PK). With smartphone growth now fueled by emerging markets, "Apple and Samsung margins are peaking and growth is going to be driven by the margin-dilutive mid-to-low-end segment," he argues. Also, Citi has cut its PT to $480, citing weaker iPhone 5 and regular iPad demand. Citi, which cut Apple to Neutral in December, now expects March and June quarter iPhone sales of 34M and 25M, below a consensus of 37M and 32M. AAPL -0.2%. [View news story]
The Apple (AAPL) rumor mill is in full swing: 1) Bloomberg and The Verge report Apple is hoping to release an iWatch this year. Sources tell The Verge Jony Ive is spearheading the project, that a modified version of iOS will be used, and that battery life remains a challenge. Bloomberg reports the device will allow users to make calls and feature health sensors, while pointing out the watch industry is worth $60B and has a 60% gross margin. 2) iMore reports an iPhone 5S with a design similar to the iPhone 5 is slated for August, and a 5th-gen regular iPad might arrive in April. [View news story]
Ask Bloomberg. They apparently have all the answers.
The Struggle Of Former Leaders: Is Apple One Of Them Now? [View article]
We keep hearing about all the new products in the pipeline. What nobody seems to ask is how long is the pipeline and where in the pipeline are the supposed products? At the beginning or near the end? A dividend increase or stock buyback will not move the needle. An IPAD or IPHONE refresh? Who cares? Until AAPL says something definitive and positive the selling will continue. When an analyst can come out and say the IPHONE refresh might be delayed until June and the stock drops 10 points, the stock may be cheap but not as cheap as it will be tomorrow or next week.
Apple Must Totally Change Its DNA To Survive And Thrive In A Brutal Competitive Environment [View article]
You nailed it! The share price falls on no bad news except the fact that the share price is falling. This can go on for longer than anyone could ever imagine.
What Will Fix Apple's Declining Shares? Patience, Time, And Faith In Management [View article]
CHL may very well become AAPL's most important market in the future but as the stock continues it's "nose dive", Mr. Cook won't be negotiating from a position of strength.
Is Apple Moving Toward Safe Haven Status Within A Long-Term Trading Range? [View article]
That's quite a laundry list for Cook and Company. At the present time it's easier for competitors to emulate AAPL than it is for AAPL to keep the pipeline cranking out new products. Until somebody flips the pipeline ON/OFF switch to the ON position we'll be lucky to see $500. One of us is going to have to sell our shares before any of this happens. So why don't you go first?
With international smartphone buyers clamoring for large displays and cheap Android phones spreading like wildfire in fast-growing emerging markets, "Apple’s (AAPL) competitors are finally doing a better job of making the kinds of phones that customers want," writes The New Yorker's James Surowiecki, summing up the biggest fear on investors' minds. But Apple has shown a knack for innovating its way out of tough spots, and can do so again. "Failing to build a phablet or a cheap phone may well have been mistakes, but they’re fixable mistakes." [View news story]
Evidence is growing an iPhone 5S (AAPL +0.4%) will arrive around mid-year. Mizuho says checks indicate an iPhone refresh in June or July, and that March quarter iPhone shipments will fall to the 35M-40M range (in-line with consensus). Wedge Partners: "We understand Foxconn is currently prepping production lines for ... iPhone 5S production, which we believe is scheduled to begin in the April timeframe." The firm thinks the 5S will be unveiled at the WWDC conference (typically in June), with sales likely starting in July. MacOtakara recently reported Foxconn has begun 5S production. [View news story]
iWatch? iTV? Apple's Innovation Death A Media Construct [View article]
Apple Is Worth $265 [View article]
Apple's Secret Weapon Will Yield All-Time Highs [View article]
More on Apple: Berenberg's Adnaan Ahmad has downgraded shares to Sell from Buy, while also cutting his rating on Samsung (SSNLF.PK). With smartphone growth now fueled by emerging markets, "Apple and Samsung margins are peaking and growth is going to be driven by the margin-dilutive mid-to-low-end segment," he argues. Also, Citi has cut its PT to $480, citing weaker iPhone 5 and regular iPad demand. Citi, which cut Apple to Neutral in December, now expects March and June quarter iPhone sales of 34M and 25M, below a consensus of 37M and 32M. AAPL -0.2%. [View news story]
The Massive Underperformance Of Apple Vs. Amazon [View article]
The Apple (AAPL) rumor mill is in full swing: 1) Bloomberg and The Verge report Apple is hoping to release an iWatch this year. Sources tell The Verge Jony Ive is spearheading the project, that a modified version of iOS will be used, and that battery life remains a challenge. Bloomberg reports the device will allow users to make calls and feature health sensors, while pointing out the watch industry is worth $60B and has a 60% gross margin. 2) iMore reports an iPhone 5S with a design similar to the iPhone 5 is slated for August, and a 5th-gen regular iPad might arrive in April. [View news story]
Apple Does Not Have $137 Billion In Cash [View article]
What Will Fix Apple's Declining Shares? Patience, Time, And Faith In Management [View article]
The Struggle Of Former Leaders: Is Apple One Of Them Now? [View article]
Apple Must Totally Change Its DNA To Survive And Thrive In A Brutal Competitive Environment [View article]
Apple Has Little Left To Lose [View article]
What Will Fix Apple's Declining Shares? Patience, Time, And Faith In Management [View article]
Is Apple Moving Toward Safe Haven Status Within A Long-Term Trading Range? [View article]
With international smartphone buyers clamoring for large displays and cheap Android phones spreading like wildfire in fast-growing emerging markets, "Apple’s (AAPL) competitors are finally doing a better job of making the kinds of phones that customers want," writes The New Yorker's James Surowiecki, summing up the biggest fear on investors' minds. But Apple has shown a knack for innovating its way out of tough spots, and can do so again. "Failing to build a phablet or a cheap phone may well have been mistakes, but they’re fixable mistakes." [View news story]