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[LATimes] Apple misses on earnings; stock sags after hours - Page 2

post #11 of 31
The irony, Apple posts near record earnings and their stock drops...
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post #12 of 31
Quote:
Originally Posted by BizzareRide View Post
That's alright. Some poor soul will spend $5,500 on a 17-inch Macbrook Pro and have it stolen at the "Occupy" rally on to by a new one. Apple's forecast will undoubtedly rise because of this.
they don't cost that much and Occupy is pretty peaceful in most cities.
    
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post #13 of 31
The earnings themselves are irrelevant. The stock will go back up since they are forecasting higher Q1 2012 earnings above analyst estimates.

Quote:
Originally Posted by Shadow_UGZ View Post
927.09 Million Shares x 29$ lost per share = 26.9 Billion dollar lost

That 6.62 Billion of profit looks quite insignificant now and it's still going down...
You do realize that just because a company's stock goes down they do not lose money. It's not a 26.9 Billion dollar loss to the company, but perhaps a couple billion loss split up among thousands of investors that bought AAPL at a price of anywhere between 394-425. Also, the stock price and # of shares CANNOT be multiplied to get a "loss" as that would suggest that 927.09 million shares were traded at peak price when really somewhere in the neighbourhood of less than 1 million shares traded hands at that price.
Edited by SkillzKillz - 10/18/11 at 5:11pm
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post #14 of 31
Quote:
Originally Posted by Juliancahillane View Post
Bizzare Ride you have no clue what the occupy rally is all about do you, it wud do you good to actually read up on it and go out and join in! Wud do us all good.
Yelling at Wallstreet for the government spending to much money is a really good idea.

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post #15 of 31
Quote:
Originally Posted by ALiShaikh View Post
Profits of 6.62 Billion is still pretty damn high..
They had a market cap of 82 billion dollars. Which is more than oil companies. I don't know about you but I use a lot more oil than i use apple and I think 99 percent of the world use more oil than they do apple. If they sell 5 million macs in 3 months then I want to see a crazy chicken that beats people at checkers.
Over 40 hedge funds run apple stock. It's over 8 percent of the entire nasdaq. It's a ponzi. If it lost half of it's value the nasdaq would go down 4 percent without fear infection that is. With fear infection much more.
What they do is water down stock. There's more people on the planet than shares outstanding but they pay for everything from the IPO. Including wages, legal battles, supplies, technology that they buy and fold into iphone. etc etc.
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post #16 of 31
Quote:
Originally Posted by Vispor View Post
Yelling at Wallstreet for the government spending to much money is a really good idea.

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Actually, it's an awful idea. Oh, wait, were you being sarcastic?
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post #17 of 31
Quote:
Originally Posted by Juliancahillane View Post
Bizzare Ride you have no clue what the occupy rally is all about do you, it wud do you good to actually read up on it and go out and join in! Wud do us all good.
Can't take anyone seriously when they spell would, "wud".

Jobs was let go and Apple began to fall. Installed Jobs back in and they rose. Now that he's gone, I pretty much expect Apples stock to fall significantly.
post #18 of 31
lol the stock is plummeting.

The ICS/Nexus announcement probably isn't helping things.
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post #19 of 31
Quote:
Originally Posted by Plex View Post
lol the stock is plummeting.

The ICS/Nexus announcement probably isn't helping things.
~5% is plummeting?

I think people are getting a little too excited about this.
    
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post #20 of 31
And does anyone wonder why Occupy Wall Street hits a resonance.

I mean, a company sells 4 million of something, and rakes in billions of dollars in fat profits - and gets whacked because some "analyst" doesn't like the numbers.

In the old days, "analysts" were called augurs, and were regularly beaten and killed for dishing out bad advice to Caesar...
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