Apple

[Vanraw]

I'll tell you what, being an Apple cultist isn't for the faint hearted.

Amazon announces another quarter of zero or negative profit? The stock shoots up another 10%!

Apple announces rev and EPS beating expectations (by 45 cents in the case of EPS), all time record of iPhones (51 million vs 47.8 last year), all time record of iPads (26 million vs 22.9 last year), 17% growth YoY in mac sales, and...the stock is down almost 6% after hours. Why? Because analysts had decided that the iPhone number should have been 55 million.

This happens every time, I should just learn to short before earnings.

This is standard stuff. The market is looking into the future and unless apple becomes innovated in something besides a new version of the same product, they will become a commodity. There is no forward looking view on apple that talks about any new revenue that is significant compared to the iphonepad sales. Nothing.

Google and amazon are both continuing to define and create market opportunities that MIGHT turn into something. Their potential market rhetoric is diversified. Apple has 1 thing at revenue levels that could have an impact. Iphonepad.....

This is what I have been saying all along. They are a single product company with nothing significant on the horizon.