AAPL: Buying the Dips!

This week i ordered an iPad mini for my 7 year old.

But all my daughters cousins who are in the 18-25 age range have android phones.

Apple are looking too boring without Steve Jobs and his reality distortion field.

Without that hype i doubt if apple will get a Trillion dollar market cap anytime soon.

There maybe a couple of surprises left in the pipeline, like TV or something.

Android going to take most of the market share due to pricing, and smart phones and tablets going to become commodity products in a few years anyway.

Scott Forstall is leaving, maybe in a few years Jonny Ive might leave.. who knows.

AAPL Stock will correct and then get boring and rangebound.

 

people will demand more innovation to upgrade, the products are so innovative even the older generation models suit current needs. Thats the major hurdle, AAPL has, how do you force the existing product holders to convert to the most recent upcoming product. They have to blow the top off for conversions. Otherwise the stock price will just languish at high levels.

 

i'm not suggesting to short apple, nor would i ever short apple. i just hope as americans we can wake up and stop swelling apple's stock price with idiotic purchases. i have no money on the line on this call, i have much higher priorties for my trading money then shorting apple.

this call is more just about a cry for humanity.

 

+1 to that..

 

you dont actually believe that entire ET sentiment is short apple do you? that would be delusional..

 

Well if you don't have a position you don't have any true belief in direction.... you only believe to the extent your willing to put money behind it..... why dont you start a long short pole threadon apple and we swill see.... I know I'm always right

 

AAPL has over $100/share in cash, plus they are piling up another $40/share or so every year, plus they are growing revenues and cash flow at an impressive rate. They are already trading at a bargain multiple to earnings, cash flow, growth or whatever else you want to use.

 

"you only believe to the extent you're willing to put money behind it"

i see so many people say that and honestly that's a very uneducated comment to make.

if i only like to be in 10 positions at once, with 10% allocation to each position. that means I can't have 20 trading ideas but only trade my top 10, until one of my other ideas materializes more and makes it into my top 10? does it also mean im not allowed to participate in discussions until that discussion makes my top 10?

your comment is the exact reason people fail, its called emotional investing. oh if i believe something, that automatically means it should be in my top 10 investment ideas, right?? no thanks ill leave the emotional investing to others, and wait for a short apple position to make it into my top 10 ideas, should it ever make it there.

and btw, i dont only trade 10 ideas, i was using the number as an example.

 

Ya, some of these people are high as a kite, but absolutely entitled to their opinions.

 

I'm an always right emotion investor.. and no you are not alpud to participate in discussions about things that aren't on your top ten... that's been the rule since the beginning