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Apple Reports Fourth Quarter Results

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Re: Apple Reports Fourth Quarter Results

#2
Interesting that iPad sales were flat year over year. I would have thought it would have contracted without new iPads launched.

Also the big increase in iPhone sales year over year jives with what Asymco has posted about Android peaking. The easy growth from feature phones being replaced by low-end Android devices is over.

Re: Apple Reports Fourth Quarter Results

#5
post #4

Markets are hammering AAPL. Down $15 (about 3%) after-hours. https://www.google.com/finance?q=aapl

Is -3% really a "hammering"? I did 5 seconds of research and found Apple has closed with a >=2% loss 3x since July 25th.

Sept 16

Sept 10

Sept 20

EDIT "5 second" was to emphasize I could be wrong, not to be a dick.

Re: Apple Reports Fourth Quarter Results

#7
post #5
post #4

Markets are hammering AAPL. Down $15 (about 3%) after-hours. https://www.google.com/finance?q=aapl

Is -3% really a "hammering"? I did 5 seconds of research and found Apple has closed with a >=2% loss 3x since July 25th. Sept 16 Sept 10 Sept 20 EDIT "5 second" was to emphasize I could be wrong, not to be a dick.

+/-3% is a common benchmark for the market's definition of "big swing". There's nothing really formal about it, and it's a more accurate measure when applied to the market as a whole rather than individual stocks. For a company like AAPL which is famous for not providing a lot of detailed information to investors, it might not be a big swing. For a different company, say P&G, it might be a huge swing.

Re: Apple Reports Fourth Quarter Results

#8
post #5
post #4

Markets are hammering AAPL. Down $15 (about 3%) after-hours. https://www.google.com/finance?q=aapl

Is -3% really a "hammering"? I did 5 seconds of research and found Apple has closed with a >=2% loss 3x since July 25th. Sept 16 Sept 10 Sept 20 EDIT "5 second" was to emphasize I could be wrong, not to be a dick.

I think it is human nature to over-editorialize a stocks movement immediately after an earnings report. We see Apple drops 3 percent and we think "Wall street is hammering them". Meanwhile another one of HN's favorite stocks, Tesla, has a larger percentage drop today with seemingly no major news and no one bats an eye. Such is the randomness of the stock market.

Re: Apple Reports Fourth Quarter Results

#10
I wonder what percentage of HN is invested in apple, compared to the rest of investing community. I wonder what sort of biases, deeper understanding of technology, and/or hype trains cause that difference to arise. And above all, I wonder if Apple can finally solve 5S supply problems and deliver a hit Christmas quarter.
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