Apple stock down 10% after hours • Hacker News Board

Re: Apple stock down 10% after hours

#31

Post by Corrado » Thu, Jan 24, 2013, 3:41 AM UTC

scarmig wrote: post #4

adambratt wrote: post #2

Biggest reason for this is that Wall Street has noticed the huge cash pile that Apple is just sitting on. A good chunk of their market cap is made up of this cash pile that they are reinvesting through their hedge fund. There's a reason why Amazon keeps going up even though they are barely profitable. Amazon keeps reinvesting their profits into the company's R&D rather than throwing it in the bank.

Interesting chance for a HN gut check: If you were offered $100k of Apple or $100k of Amazon right now, which would you choose? You would have to receive and hold for 10 years. To me, the answer to that is obvious (AMZN), but I'm curious if my intuition matches up with the general opinion. I'm not sure which would be a better sign. ETA: Original intent was to talk about 100k in dollars, not in shares.

Definitely AMZN. They have two really strong, complementary markets, retail & cloud computing. This gives them longevity and the ability to weather some pretty tough storms. They have shown themselves to be agile and flexible and responsive. Look how much innovation and development happen at AWS; they release something new and improved almost every week. Plus, Jeff B. is still holding the reigns.

I think AAPL have done amazing things the past 10 years, including outstanding hardware & software, perfect marketing, and a great user experience overall. I also think that they have peaked and there is nowhere to go but down. Granted, it will take a long time to hit the bottom, but they will join the ranks of IBM & Microsoft; irrelevant and ignored.

Re: Apple stock down 10% after hours

#32

Post by jinushaun » Thu, Jan 24, 2013, 3:45 AM UTC

coditor wrote: post #3

Be much more interesting if when an analyst guesses wrong, they get punished instead.

Every time something like this happens, I always ask myself: who the hell are these analysts and why are they picking such crazy unrealistic numbers? A company can have record revenues and profit and still get punished by the market because some analysts say they should've made more. If everyone ran their company for shareholders and analysts, there'd be a lot more Dells and HPs and less Apples and Googles.

Re: Apple stock down 10% after hours

#33

Post by jiggy2011 » Thu, Jan 24, 2013, 6:31 AM UTC

doctorpangloss wrote: post #16

It's crazy they they sell a very conventional, understandable thing, a globally recognizable product of unlimited magic, that nearly every person of means in the world has or wants—and yet the market hammers them hard on a 0.7% miss on expected revenue in a quarter with 8% fewer days than 2012Q1. Here's what I think they should do: Tim Cook needs to become a narcissistic billionaire who parrots about polyamory and mi…

Because the best proxy we have developed for measuring "a globally recognizable product of unlimited magic, that nearly every person of means in the world has or wants"ingness is quarterly revenues.

Re: Apple stock down 10% after hours

#34

Post by X-Istence » Fri, Jan 25, 2013, 1:12 PM UTC

ScottBurson wrote: post #11

X-Istence wrote: post #7

Earlier quoted context omitted.

I would pick Apple. I have a feeling that in 10 years they will have re-invented themselves and be making huge profits, and paying dividends on those shares. For example, 100k of Apple shares today will net me 265,000 USD. Assume that I decide to just pocket that money ... I could live off that for a full year, easy. They pay that every quarter (or at least that's the case at the moment). I'll make money now, be able…

I think the parent's intent was $100k worth of each, not 100k shares.

I'd still pick AAPL.