Originally Posted by Halfcan:
I am thinking of dumping Apple- I am up big on it and it has not done much in a while.
Should I?
I'm of the opinion that it's a good core stock. It's generally not going to tank and it goes on occasional runs. It's one of my highest performing stocks over the past several years, but I don't notice it much because it never makes a big splash. It just keeps going up. [Reply]
Originally Posted by Rain Man:
I'm of the opinion that it's a good core stock. It's generally not going to tank and it goes on occasional runs. It's one of my highest performing stocks over the past several years, but I don't notice it much because it never makes a big splash. It just keeps going up.
I am concerned the chip shortage is going to hurt sales. This Christmas could be shaping up pretty poor for retailers (and possibly Apple) with this inflation spiraling out of control. [Reply]
Originally Posted by Halfcan:
I am concerned the chip shortage is going to hurt sales. This Christmas could be shaping up pretty poor for retailers (and possibly Apple) with this inflation spiraling out of control.
Originally Posted by Hog's Gone Fishin:
Temporary problem.
Yeah. The phones are going to break and people will need new ones. I don't foresee Apple having more problems than other phone providers, so I doubt they'll lose market share. Worst case, I'd think they would take a revenue hit this year and then make it up next year. [Reply]
Originally Posted by Halfcan:
I am concerned the chip shortage is going to hurt sales. This Christmas could be shaping up pretty poor for retailers (and possibly Apple) with this inflation spiraling out of control.
They may miss some revenue predictions but I doubt it's a long term problem with them. One thing I think you can say for sure is their core customers have tremendous demand elasticity with respect to price changes. So they will probably fare BETTER than most everybody else in the market.
That being said, in the short/intermediate term they could have exposure to wider market moves. Because they all do. And it's REALLY hard for me, given my experience to cast stones at a dude realizing gains.
/just one dumbasses opinion.
Originally Posted by Rain Man:
Yeah. The phones are going to break and people will need new ones. I don't foresee Apple having more problems than other phone providers, so I doubt they'll lose market share. Worst case, I'd think they would take a revenue hit this year and then make it up next year.
This is a real thing. Last month my phone broke. Went to Verizon. All they had was a red iPhone 13 mini and a pink iPhone 13 mini. So fat boy, against his will, has a red iPhone 13 mini. I feel like a gorilla jerking off a mouse. [Reply]
You can literally look at skyworks sales and interpolate apple iphones. Skyworks grew revenue like 50% yoy and apple iphones are 60% of their revenue, so iphone sales should be fine. [Reply]
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