Ominous Drop in Sales Bodes Ill for More than Just Apple - Barron's [View article]
"What I do know, based his most recent missive, is that he's either clueles, toxically biased, lazy in the extreme, or just plain stupid."
What it really boils down to is that financial WRITERS, can't, or don't, READ.
Even worse, they apparently don't don't go out and get into the trenches to accurately gauge what the TRUE consumer sentiment is. A few years back I made a lot of money in Harley-Davidson by going to many of their dealerships and talking to salesmen and customers, and just watching what was going on, before I bought the Harley stock. They had just released the new 96" engine coupled with the new (to touring bikes and Softails) 6-speed transmission. The new bikes were selling like hotcakes, but the reason I bought the stock was because people were trading in almost-new 88" 5 speed bikes because they just simply had to have the new model. They were getting reamed on the trade-in value, but that didn't stop them from leaving the dealer with a big smile on their face. I sold the Harley stock when its price dropped $5/share from the high 70's, having gained almost 40% on my investment in a few months.
I've spent a lot of time visiting Apple retail stores too. During the thick of the holiday shopping season when foot traffic and sales in the malls was just so-so, Apple stores were crowded and people were buying; the proof is in their recent quarterly report. I knew something good would be evident in their quarterly report when I saw a yuppie-looking couple, with their toddler sitting on the floor of the Apple store near one of those big balls they have lying around. The couple and a salesperson were smiling while observing the toddler's reaction (and interaction) with what appeared to be some kind of animated cartoony child's program or screen saver that was being displayed on what must have been a 24"LCD monitor (which the salesman placed on the floor so the child could see it). A few moments later the couple left the store with a new computer, monitor, and a host of other odds and ends, having received the toddler's apparent approval. I say apparent because I never heard the child speak, he just made sounds, and in fact I never saw him toddle either, so maybe he was just at the crawling age.
Chinese Paper Reports Reduced Apple Notebook Orders [View article]
On a brighter note, the authors of these "stories" (Mr. EB, and Joseph Tsai of Digitimes) are doing splendidly in their studies, and each fully expects to graduate to the 3rd grade next year!
Chinese Paper Reports Reduced Apple Notebook Orders [View article]
On a brighter note, the authors of these "stories" (Mr. EB, and Joseph Tsai of Digitimes) are doing spendidly in their studies, and each fully expects to graguate to the 3rd grade next year!
Uh, jeezus, hasn't that question been asked, AND ANSWERED, a long, long time ago? WTF!!?, who plucked this old story out of the garbage bin that no one bothered to empty for the last 2 years?
Sort by:
Latest | Highest ratedOminous Drop in Sales Bodes Ill for More than Just Apple - Barron's [View article]
What it really boils down to is that financial WRITERS, can't, or don't, READ.
Even worse, they apparently don't don't go out and get into the trenches to accurately gauge what the TRUE consumer sentiment is. A few years back I made a lot of money in Harley-Davidson by going to many of their dealerships and talking to salesmen and customers, and just watching what was going on, before I bought the Harley stock. They had just released the new 96" engine coupled with the new (to touring bikes and Softails) 6-speed transmission. The new bikes were selling like hotcakes, but the reason I bought the stock was because people were trading in almost-new 88" 5 speed bikes because they just simply had to have the new model. They were getting reamed on the trade-in value, but that didn't stop them from leaving the dealer with a big smile on their face. I sold the Harley stock when its price dropped $5/share from the high 70's, having gained almost 40% on my investment in a few months.
I've spent a lot of time visiting Apple retail stores too. During the thick of the holiday shopping season when foot traffic and sales in the malls was just so-so, Apple stores were crowded and people were buying; the proof is in their recent quarterly report. I knew something good would be evident in their quarterly report when I saw a yuppie-looking couple, with their toddler sitting on the floor of the Apple store near one of those big balls they have lying around. The couple and a salesperson were smiling while observing the toddler's reaction (and interaction) with what appeared to be some kind of animated cartoony child's program or screen saver that was being displayed on what must have been a 24"LCD monitor (which the salesman placed on the floor so the child could see it). A few moments later the couple left the store with a new computer, monitor, and a host of other odds and ends, having received the toddler's apparent approval. I say apparent because I never heard the child speak, he just made sounds, and in fact I never saw him toddle either, so maybe he was just at the crawling age.
Chinese Paper Reports Reduced Apple Notebook Orders [View article]
Chinese Paper Reports Reduced Apple Notebook Orders [View article]
Can Zune Compete With iPod? [View article]
Five Reasons Steve Ballmer Thinks Apple's a Buy [View article]