There have been several times that I've thought Apple would hit the end of their luck. They're the one company whose bread and butter is introducing new technology and that's as close as you can get to gambling but, so far, they've done it. I absolutely thought the iPad was going to bomb.
This is 100% correct. And the reason why they keep generating new technology is because they have a generational innovator as their head. The guy that just resigned. If you take away the new innovations, what they are is one of the most short sighted money hungry corporations who is about to cut off the hand that is feeding them by oversaturating the market with the Iwhatever15.0 every single year. Great way to make a quick buck, but as fickle as consumers are, it will end up alienating them and killing their brand. Their brand, which is all they really have, without Jobs.
Well go ahead and pound that bid with your short orders. Anyhow, I'm curious how all this will work out. I don't really have a situation to compare this too. The market has basically priced in Jobs leaving for awhile now, yet he was the brains behind their operation. Further, he isn't totally stepping down from the company and he isn't dead yet.
Lol yeah coming out with an updated version of a phone/car/game/whatever every year is never done by any other company in the world.
I remember reading an article saying was practically their CEO in name only and Tim Cook was the one handling the operations, day to day. Anyway, I think it's premature to count them out, yet.
damn...this is a sad day for apple guys like me. Time to sell stock folks because everything that's great about apple products just walked away
Nah, I'd rather wait for the rally after it gets pumped back up, so that all the hedge funds can dump their shares on the public that just got sucked back in. Only people selling tomorrow are the panicking investors. Only people buying in a month are clueless investors.
You are right, they aren't the only company to do it. However, they are one of the only companies who are basically only banking on 1-2 products, with all their eggs in one basket. Again, to pound those 1-2 products into the ground is a great way to make a quick buck, but runs the substantial risk of killing the products themselves. Great point about games. Activision did it with Guitar Hero, and it was one of the best selling series in gaming history. They also did it with the Tony Hawk series. Try buying either one of those today. When you saturate the market, the market dies. Good news for Activision is at least they have more than 2 games, as they are doing the exact same thing again with COD. Difference with AAPL is they don't have a portfolio of products lineup for the future of that caliber, especially when their innovator is now gone. Their Guitar Hero is the Iphone and their Tony Hawk is the Ipad. If those die, they die.
He will probably have plenty of say. Who knows. However, no matter how much say he has, this is a undoubtedly a sign of the beginning of the end. And as far as the stock market goes, it looks to the future, not the present.
Jobs knew Android was winning so he figured lets go out on top. Maybe people will stop paying for apple since jobs will stops spreading his magic pixie dust on their products.
Apple is over priced. They are valued as much as exxon mobile. Exxon mobile makes a hell lot more money than them. Even Microsoft makes as much as them and they are priced way higher. Even if they grow like crazy are they going to generate that much more free cash than msft or xom?
Best technology salesman of all time. When it isn't him holding the iPhone5 next month, crap is gonna hit the fan.
I admire steve jobs, hell I bought a first generation iphone when it came out. I think he is probably one of the greatest ceo's ever.
