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AAPL - Apple Inc. (NASDAQ)

Notting, I think you need to have a look at your posting language and consider whether you are really adding any value with the relentless denigration and name calling towards those who have a different view to yourself.

I totally understand if you prefer to use other ecosystems for your computing and online needs, but its quite unecessary and actually rude to continually call people stupid because we prefer to work with an ecosystem we much prefer and that we find greatly more effective and efficient.

Its odd because usually I find your posts interesting and informative, but on this subject you seem to be filled with a red mist of rage totally out of proportion to the subject.

Its already hard enough for me to follow this thread with one poster on ignore, I hope I dont have to block your contributions as well!
 

Thanks! fair enough. I'll shut up. Sometimes it's hard to know when your going to far on the net. Sorry.
 

People buy apps? On a PC? Who?

Apple Inc is worth a lot of money. Just I'm not sure that $1T is it.

I don't have brand loyalty. I'm fine with a Samsung now. If MS ever managed to work out their phone, I'll try it too.

I just don't like having to buy into the entire eco-system where everything have to be one brand else you'd have to spend lots of time, and money, to get it to work with other things you have. That's just asking to be price gouged.

Take the mac laptop I'm trying to reinstall. I erased the iOS completely so to try and get an app on it to reboot, I'd need another Mac. Lucky my wife got a MacAir, but if she doesn't I'd have to go see some IT genius at the Apple store. And i'm pretty sure it won't be at mate's rate either.

I'll probably give her my old Dell laptop. It weights a tone, ugly grey. But she can do real work on it though.

Not saying you can't do work on the Macs, just I haven't tried installing any sort app more complicated than Youtube
 

I thought he was fine. Grow thicker skin dude. The guy was just upset at how stupid people can be at being gouged and lead into groupies.

Some might genuinely like Apple products because it suit their need. Most got into it then find out they've been had.
 
People buy apps? On a PC? Who?

I haven’t used a pc in years, but when I did I know that I had to buy even simple software such as excel and word, that stuff comes free on Mac.

Managing photos etc on Mac is a dream, and again that photo software is free, to get all the same photo management features on a pc I would have to buy or download some third party software, there is value to having things just work out of the box.

I could continue to list off benefits, but am not much interested, as I said if you want to be a “tech guy” go for it, but I am not interested in fiddling, and am happy to pay a bit more to avoid the fiddling and get a system that just makes things easy.

As I said, these devices are not the source of enjoyment for me, the actual content is.
 
The guy was just upset at how stupid people can be at being gouged and lead into groupies.

.

That’s the thing, if you think people using Apple products are just stupid and groupies, I think you are just wrong, and you come across as a condescending bitter person.

I don’t own any Apple shares outside my Berkshire holding and the Index I own (which also makes me a share holder of Samsung, google and Microsoft), and I am not the type of guy that buys tech for any other reason than I want it to work for me.

So I am not a “groupie” and I don’t think I am stupid, I own apple products because out of all the devices I have owned in the past including 2 Samsung phones, nothing has been as user friendly and seamless, that’s why I buy them.

I don’t want to spend days learning how to work new devices, I have some much more stuff to learn in other areas, if that means I am not in you “techy club” so be it, I don’t actually care.

I own devices for the purpose of using them as a tool, not for the sake of it, when I want to watch Ant Man, I want to get there in as few clicks as possible.
 

How does Words and Excel comes free on with a Mac? My wife got one and all she had was their notePad. That's not the same as a proper word processor where you write documents.

Windows come with those basics too. Their paint and photo app are getting better. You can do basic photo editing/cropping and stuff. But I'm sure that on the Mac, it'd be like on the Windows where to do more specific professional work, you'd need to install apps specialising in it.

Stuff like CorelDraw for graphic works; Adobe's suite etc. you got to buy and install specifically. I don't know the stats but I think there's a lot more app developers building for the PC/IBM/Windows than the mac platform. That's where people do "real technical work".

But then the world is moving to the internet so maybe those developers will, if not already, be moving all their stuff there. Then everyone can just use Macs, click and play.
 
How does Words and Excel comes free on with a Mac? My wife got one and all she had was their notePad. That's not the same as a proper word processor where you write documents.

Numbers and Pages come free with Apple. I don't use either. I've used Excel for too long to try and learn a new spreadsheet app. For writing and note taking I use Evernote, which I love. If I need to write a letter, then I still use word, especially if it's going back and forth with other people just because I'm familiar with marking up changes accepting rejecting changes and all that stuff. I'm sure I could learn how to do it in Pages, but for what Office 365 costs/year I can't be bothered.
 

I didn't say that, didn't even say that notting said it.

I've always said that if people like Apple or anything, that's great. Good for them. They're very well designed hardware, high quality stuff. Just that some people might get into it not being aware of other options that are a lot more economical, flexible... and one they would rather have if they weren't so suckered into all the hype.

I mean, the quality might not be the same, but if those people know, they wouldn't want an Apple.
 

As McLovin said, the Mac comes with pages and numbers and other programs that do all the Microsoft office stuff, for free.

So when you buy that “cheap” pc vs the “expensive” Mac you have to factor all the added perks that come with the Mac.

To me there is more than enough value there to justify it.

My mother in law was actually having heaps of trouble managing her photos on her pc, she had made a real mess of it because he pc allowed her to keep uploading the same files more than once and didn’t sort them etc.

So my wife tried to help her out and sort the mess out, she actually said “this is why I am never getting another pc”, we are just used to the Mac photo software (which again is free) doing all sorts of little things that help manage the photos, until you use it you probably won’t understand.

But long story short we upgraded her to a Mac and we had her photos and videos all sorted into categories will no double ups in like 2 hours, after she had been struggling with it for years.
 


I'm glad I left.
It's turned into an episode of The Office.
 

Your mother in law uses the mac, she love the mac. I take it your mother in law isn't a "techie". Mac users are therefore not....

My brother bought a nice mackbook for my dad too. It's probably the world's most expensive small-screen tv 'cause that's all he uses it for. And he knows how to use a PC to do his other work.

Alright, that's not fair. We all get used to certain tools and the Macs are pretty.

but on the cost/benefit. You're assuming everyone is as honest as yourself, or myself , and buy all their apps and movies.

I read a story a few years ago where some musician lost all her original music on the Mac because iTune doesn't recognised that she bought it. So they deleted it.

That's no good. On so many level.
 
Apple shares have been having a rough time in the last few months, plummeting from a high of $233 in early October to a low of $146 in late December. Although it last closed at $157, after market trading saw AAPL beaten down to $146 and it is likely that there will be further share price weakness in the short term.

Tim Cook has written a letter to investors downgrading projections and explaining that disappointing iPhone revenue in China and other emerging markets is responsible for the vast majority of revenue decline. Customers taking advantage of significantly reduced pricing for iPhone battery replacements following revelations that Apple was intentionally slowing down older iPhones was also blamed for weakness in iPhone revenue.

 
From a consumer perspective Apple products have a distinct advantage in that they "just work".

Looking at prices for their latest phones however, well I'm not even slightly surprised that sales are down. Smartphones are now a relatively mature technology which has achieved market saturation in any market where people can afford to buy one. The idea that they can keep raising prices and have consumers replacing 1 or 2 year old devices with a new one doesn't really work anymore.
 

Still loving Apple everyone, anyone?
 
For the last year or so I have been selling AAPL Covered Calls with a strike price about USD 10 above what the underlying is currently trading at and with an exercise date about 12 days ahead (I usually sell on a Monday for an exercise date of Friday of the following week). These are usually valued at about USD 0.50 or so.

Tonight these are trading at about USD 1.70. For example, AAPL is about USD 287.22 and Jan 10 297.5 Calls are trading at 1.60 or so.

Is there something special about the Year End being in between to cause those options to sell at three times what I normally would expect to get?
 
The about to be splitting of Apple shares via a reverse four for one division has triggered a historic change in the Dow Jones average – oil giant Exxon Mobil is out, as is drug group, Pfizer and defence manufacturer Raytheon Technologies. Cloud-based customer relations management software group Salesforce replaces Exxon Mobil in something of a surprise, biotech drugmaker, Amgen replaces Pfizer and industrial group, Honeywell will replace Raytheon.

The Apple split will have a dramatic impact on the ranking of the companies in the 30 stock Dow. Apple will fall from Number one to Number 17 because the Dow is a price-weighted index). The top three stocks will become UnitedHealth Group Inc., Home Depot, and Amgen in that order.

.... S&P Dow Jones said the changes were “prompted” by Apple’s four for one split which happens after the close this Friday (Ie from trading next Monday) will reduce the index’s tech-sector weighting in the Dow, hence the rebalancing.

“The announced changes help offset that reduction,” S&P Dow Jones said in a statement. “They also help diversify the index by removing overlap between companies of similar scope and adding new types of businesses that better reflect the American economy.”

Apple joined the Dow back in 2015 not long after a seven for one stock split.

“The changes won’t disrupt the level of the index,” S&P Dow Jones said in a statement. “The divisor used to calculate the index from the components’ prices on their respective home exchanges will be changed prior to the opening on Aug. 31, 2020.”

While that is true, American market analysts point out that there is another, very good reason, for Exxon Mobil to be punted – underperformance. Its shares traded for more than $US104 in June 2014, against $US41 today. Even taking dividends into account, it has underperformed the Dow since 2014 by 21%.....

Apple shares closed Tuesday at $US499.30 valuing it at $US2.15 trillion. It hit an all-time high of $US515.14 last Friday in trading. If the $US500 level holds, the theoretical value of the new shares post-split will be around $US125
 
I have held since 2014, a 5 bagger for me plus the not insignificant FX gains. Its hard to believe its hit $500.
 
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