Apple stock price drop.

Apple stock price drop.
Louis Rossmann
Published on Jan 5, 2019


t lech 1 hour ago
"Lol. Louis maybe the people are getting educated from your videos and Jessica‘s videos from iPad rehab and they’re getting tired of getting ripped off and screwed in both purchasing overpriced crappy products that continuously break down and get denied warranty being forced to buy new products or being lied to and being grossly overcharged for simple cheap repairs. Keep up the good videos educate the public."

Awake Night 50 minutes ago
"I don't see the point in buying a new product every year, two years, three years or even four years (or more)! It seems like such a god damn waste of resources and it's pretty sickening really. Repair is important."

Peter Steve 55 minutes ago
"Louis get some chicken soup and some rest. Your voice sounds like you are really sick."

 

Great news! I hope they fail so miserably for slowing down my wife's flagship iToy phones 4 times in 3 years forcing her to upgrade and lose a lot of money!

 

Apple's Worst Nightmare
Apple Explained
Published on Jan 7, 2019
Apple is currently facing one of their worst nightmares: declining iPhone sales. And that has led to the company issuing their first profit warning in 16 years. Which means the amount of revenue Apple told investors they’d earn in the fourth quarter of 2018 actually turned out to be inaccurate. So the company had to issue a warning, letting shareholders know that they actually made nine billion less than they original forecasted. And in this video I’m going to talk about how Apple ended up in this nightmare, and what they might do in the future to recover.


Meir kivelevitz 11 hours ago (edited, me)
Apple: makes a 1000 dollar phone with barely any changes, few buy it.
Reason for Apple: must be the battery replacements are too cheap.

SqueegeePi 11 hours ago
"I have to laugh. They thought they could price their iPhones the way they did and get away with it... LMAO."

gringo 8 hours ago
2007: Think Differently

Spoiler: More...

2019: Price Differently

 

A top Apple analyst ponders whether there's another 'shoe to drop' for the stock
Thomas Franck | @tomwfranck
Published 9:27 AM ET Fri, 18 Jan 2019 Updated 7:10 PM ET Fri, 18 Jan 2019
https://www.cnbc.com/2019/01/18/top...heres-another-shoe-to-drop-for-the-stock.html

"Though Apple has trumpeted its services segment as a potential hedge against slowing iPhone sales, one of the top analysts believes the company is facing a growing revolt against the transaction fees it charges for apps.

"While the services segment grew 18 percent in the December quarter, we've now started to get investor questions worrying about whether the App Store will be the next shoe to drop," AB Bernstein's Toni Sacconaghi wrote in a note Friday. "Certainly, the headlines in the last few months haven't been encouraging. Netflix, Spotify, and Fortnite have all stopped / threatened to stop paying the so-called 'Apple Tax' of 15 to 30 percent on App Store revenues."

As sales of the company's popular smartphone decelerate, Apple management has doubled down on its services unit — which includes the App Store, Apple Music subscriptions, Apple Pay and iCloud storage — as its next revenue generator.

As part of that regular Services revenue, Apple charges between 15 percent and 30 percent of monthly subscriptions for customers who buy software via the iOS App Store, a fee that's come to be known as the "Apple Tax." Any time a a user buys an iOS app, a digital item within an iOS app (e.g., an ebook) or initiates a subscription within an iOS app (e.g., a New York Times subscription), Apple takes a 30 percent cut for the first year and 15 percent for all subsequent years.

Such a "tax" poses a significant burden to companies like Netflix and Spotify, which have developed work-arounds to dodge the added fees.

"Unsurprisingly, this 30 percent cut has transformed the App Store into the largest single driver of Apple Services, accounting for about 40 percent of all Services growth in the last three years by our estimates," added Sacconaghi, a five-star rated analyst on TipRanks, a analyst review service. "In recent years, however, discontent over this 'Apple tax' has been brewing among several major iOS app developers."

Sacconaghi's stock picks average a 23 percent one-year return, according to TipRanks.com, making him among the best tech analysts. The analyst has a market perform rating on Apple shares, which were up slightly before the opening bell on Friday.

Following music streaming provider Spotify, Netflix has also moved to stop new users from signing up via iOS, first within specific international markets and then globally. That move "is when investor concerns really came to a head," Sacconaghi wrote, especially since Netflix was widely reported to be the single highest-grossing app within the App Store in 2018.

While his clients are concerned, Sacconaghi does not believe this should be a top worry.

"We are not concerned - at all - about potential disintermediation of the App Store," he wrote. Instead the analyst is worried about the iPhone and believes estimates for sale of the smart phone may need to come down more.

Apple stock is down more than 13 percent over the past 12 months and down more than 27 percent in the past three. Much of that decline has followed the company's decision to no longer break out individual sales numbers for the iPhone, iPad and Mac, a statistic analysts and investors for years used as a proxy for Apple's financial health.

Instead, CEO Tim Cook has placed his bets on the Services business, which reported revenues of $9.98 billion in the fourth quarter.

"When we look at our services business, we think about the fact that we have a very large and growing installed base," CEO Tim Cook said on the company's earnings call. "The installed base of all our major product categories is at an all-time high and has been growing over the last several quarters, so the opportunity for us to monetize our services business continues to grow over time."

Still, Apple is unlikely to be hurt much by the loss of Netflix, which as the company's single largest developer, represented "less than 0.3 percent of total services revenue" in 2018, according to Apple Chief Financial Officer Luca Maestri. What concerns Sacconaghi in the long term, though, is an ongoing lawsuit at the Supreme Court whether the "Apple Tax" meets the definition of a monopoly that has overcharged customers for apps.

While the current case before the high court does not actually address the issue of whether the App Store violates antitrust law (instead, the deliberation is just determining whether the plaintiffs even have the standing to sue in the first place), if the Supreme Court rules against Apple, it means that the actual case "has only just begun," Sacconaghi wrote.

(Update: This story and headline has been updated to reflect that the iPhone is the analyst's top concern, not services.)"

 

Apple is in a tail spin right now. It has nothing to do with China etc and everything to do with Apple. Easy to see.

 

What?! They're still one of the most successful tech companies. So what if their profits are less than expected and stocks drop in price somewhat? They will earn a lot regardless, it's not like they're going bankrupt or anywhere near.

 

I did not say they were going bankrupt, I said they are in a tail spin. Stock prices dropping 30 percent in a very short amount of time is a tail spin. If they do not re capture the "magic" they will keep dropping. So what if stock drops 5% not 30% over a period of less than 6 months. Do you even know anything about business economics? 30% over a few years is a huge drop, the same drop in a much shorter amount of time is very real cause for concern.

 

This has nothing to do with business economics - and everything to do with speculative assholes economics. Stocks prices on their own do not indicate manufacturing company performance, they are merely affected by actual indicators (with added unhealthy dose of hysteria and speculation). Average Joe not involved in investment or stock trading should not care or judge a company by stock prices, it is meaningless and ridiculous - and even if you are involved in either - why spread false information, the company is doing OK overall unless you're a shareholder.

 

maybe I'm a shareholder. watching apple get mopped this past 1/4 was terrible. But it was a long time coming. And YES it does indicate the performance of the company. MANY units not sold, means many of millions of dollars not coming into the company, means stock prices drop. If apple does not start INNOVATING, more stock price drops are in store for them. and ME too.

Thank god I have Microsoft shares too!

 

Successful or not... People don’t buy expensive phones as before. If you haven’t cheaper options you will be hit hard. Maybe they should increase prices to stop the losses? Or release more models (in different colors) and same high price tags?

 

FWIW I strongly dislike Apple as a company, particularly their nasty and outrageous on many levels business practices. Apple ain't alone on the ultra-expensive flagships bandwagon, however; I sincerely hope not only them, but also Samsung and Huawei get slapped in the faces (with decreased flagship sales) for pushing prices so high.

 

Editorial – Apple Needs a Product CEO Again
By Adrian Ip, 8 hours ago
https://wccftech.com/editorial-apple-needs-a-product-ceo-again/

"Steve Jobs. Love or loathe him, the man undoubtedly changed the world and continues to cast a long shadow over both his greatest achievement Apple ( NASDAQ:AAPL) and the technology industry as a whole.

As we approach Apple’s first earnings without meaningful iPhone sales data as a specific callout point since it became typical to include it, the question arises as to what the company does next and whether the right man to lead it is at the helm.

Much has been written in recent years about the scramble Apple has undertaken to figure out how to replace the iPhone as a driver of global growth and continued stellar earnings but since Tim Cook took the reins at Apple following Steve Jobs’ health problems and ultimate passing away, it’s fair to say that he has very astutely kept the iDevice bandwagon rolling. Indeed it’s possible/probable that without the former COO’s focus on maximising the return on the iPhone, Apple may still have had years of growth ahead of it.

The problem (if it can be called that) however is that he’s done an amazing job and the iPhone seems to have run its course as a stellar next generation product. The smartphone market has limited significant innovation ahead of it if recent years are anything to go by and market saturation in the western world means that massive growth numbers are unlikely to come here.

In China and other regions, we have seen recently that growth is being stifled due to a combination of factors including (according to Apple) the trade war between the US and China, as well as local manufacturers coming to the fore.

Developing countries are more reliant on economic growth to enrich their populations to the point where the purchase of expensive devices becomes the norm and as such although these places will add sales numbers to Apple, the numbers are unlikely to be anything that significantly moves the dial in terms of revenue numbers.

Watches, earphones and other pieces while being successful, don’t drive the stock to the levels that a product like the iPhone has."

Apple needs to hold a corporate a seance to give Steve a path back to drop off another "one more thing..."...

 

Apple Hit Hard By iPhone Woes: Revenue Down By 5%, Services Up 19%
------------------------------------------------
Apple CEO Tim Cook Admits High iPhone Pricing Is One Reason for Declining Yearly Upgrades

http://forum.notebookreview.com/thr...and-xr-announced.822892/page-30#post-10856034

 

Ever seen the Price is Rights game that has that little yodeling guy climbing the mountain? Keeps climbing and eventually falls off the edge... Yeah, that is all these $800+ smartphones he is carrying.

 

Yes, I agree. More than just apple are going to be going over the cliff too. It's silly. One good thing about my mobile package with my wifes employer, we only pay the up front costs on the phone. Her employer pays for the devices. So, my iPhone 8 only cost me 149 bucks. I have to pay the tax on the device, that's it. there is no extra costs put on our contract for 2 years. If we want a new device, or break the contract we pay then. But after 2 years, the device is free and clear and ours. Great way to make some cash after 2 years. ha ha.

 

I'll tell you the devices I am currently loving is from Huawei. Those guys know how to make some nice smartphones & laptops! Politics aside, their current lineup is killer! One could argue that they had plenty of practice making high end devices for other manufacturers though so there is that...lol

 

would love to buy apple, but they are too expensive for the specs )

 

Don’t buy on specs, buy on the user experience. My iPhone 8 is better than lots of phones with better paper specs.

 

I have been using apple for awhile now , long enough to run into some issues that annoys me. I am also an android user. There are issues that I seem to run into , it's a fact that specs are important. There are a few things that it irritate me.

1) Freaking 1 - 2 updates a month ( The reason , to keep users from complaining about bugs and so they can gloat about how iphone is the best on earth )
2) Apps get unresponsive when " a lot " of apps are open. ( not a true " multi task " phone , thus why specs is good , like having more RAM )
3) Their repetitive annoying pop up notifications that want you to buy their " icloud storage " ( IDGAF , so dame annoying )
4) Expensive for just a nice UI and clean design phone ( That is what people are paying for anyways , " Get in to fit in " )
5) Apple slows down their phone on purpose ( Has been proving, and myself has experienced it as I am using an iphone X (The phone is not as snappy, not to mentioned " unresponsive " from time to time, while multi-tasking , as when it was first bought and used)

Those are just my experienced that have annoyed me.

I hope their stock drops more , so they can understand that people are now more " aware " of how they operates.

From my personal experienced, i use iPhone because it's a simple phone , and my WHOLE family uses it. lol If Android had Face time, I would have never touched an iPhone.