Still the naive piss of shit. I don't make money on commission, no matter how much my client trades. It isn't semantics, but a commonly known difference between churning brokers and actual investment advisors. Since you don't know the difference, I really know that you don't understand trading or finance. Keep posting your stupid charts. I'm short NQ from 2591.75.
murray t turtle, thanks for your input - a refreshing change from the trollery and invective perpetrated by ET stalkers.
The stock isn't over valued for a growth company. Trades at a PE of like 14 (SPX at 13) and is like 20% cash. I think the bigger fear is something shinier comes along and the upgrade cycle gets broken (like AAPL did to NOK and Samsung).
There won't ever be anything better than iPhones. PERIOD! If there is somebody embezzled money or the world erupted in nuclear war or there was an apocalypse. That's what it would take for Apple to ever crash. The OP doesn't know how to read charts, and he doesn't know when to short stocks.
1) One has to realise that Apple only had one (1) succesfull product on which all is based. And that is the iPod with iTunes. 2) mobile phone manufacturers started to build in MP3 players...... 3) iPod sales stayed static / diminished.... 4) Apple realised they had to get into the mobile phone market.... We've had Motorola, Ericson, Nokia, RIM all having their heyday with mobile phones and none really survived..... Will Apple is the big question..... All their other products are only a small part, the iPad is partly a fad and not suitable for serious work. It's OK as a reader or web browser or picture viewer but seriously for work? It is a consumer product..... Sony had the walkman and cornered the market, we also had the mobile CD player and the mini CD player having been all the rage.... Consumer products are fickle..... Now I give you this to think about: a) RF affects the T-cells in the blood. b) Your microwave oven uses the same radiowaves as your mobile phone to cook your food. c) Although the Telcoms industry says that no cancer is being reported in people using mobile phones a lot how about those that are frying their brains? One does not notice it..... d) There are reports that the brain/tissue damage by mobile phones may in 20 years to turn out worse than smoking..... e) do you stick your head in a microwave oven every day and turn it on? Why use a mobile phone then? Have you read the recent safety disclosures telling you to keep the mobile phone at least 1.5 cm from your body? Gee, wonder why.... Apple is focussed on making everything wireless and they behave like Microsoft did at one stage (like a bully). I've recently pulled some Apple gear apart and was shocked at the cr@ppy workmanship and lack of QA. It is a given that sooner or later some technological change / development will have an end to this run and then it is everyone running for the gate. (what was Microsoft, IBM, <your favourite company> at its peak, where is it now?)
Like Nine_Ender and his sockpuppet multi nicks, bwolinsky repeatedly conflates TA analysis/commentary with actual trades. This demonstrates intentional malicious conduct and/or appalling ignorance by bwolinsky who has no TA knowledge. I never made any AAPL trade recommendation - short or long. Are his broker clients or the SEC aware of this appalling conduct on public forums ? Disclosure: no AAPL position held. http://stockmarket618.wordpress.com/2012/02/18/sat-feb-18 Brokerage / management fees / commissions... Stockbrokers / investment advisors... I'm not interested in semantics. We all know how brokers / investment advisors obtain income and it's not from trading their own account. Please note I did not initiate conflict with bwolinsky. bwolinsky is solely responsible as he/she chose to troll my threads and stalk me. This fact can not be disputed.
To the idiot that doesn't know the difference between a stock broker and an investment advisor/commodity trading advisor (Incidentally, I'm 1 of 7 CTA's in the state of Kentucky) : <b><i><u> I do not make any money on commission and I don't earn performance based fees unless there are profits.</b></i></u> This alias is naive and stupid, and doesn't know that there is a distinct difference between a stock broker, which I'm not, and these two designations. Because he's unaware of the obvious difference, and has provided no analysis other than identifying meaningless chart patterns, this proves he doesn't know what he's talking about. Do not listen to this alias because he is so naive and stupid that if the history of terrible market calls doesn't persuade you, then you can listen to him because you obviously don't care about your money.
Would be more certain if there was a bigger marketplace for their products than Shanghai in China. The chinese are lying con artists that constantly rip us off and steal intellectual property and produce copy cat knock offs of our technology without paying for them.