A HAAPLbinger Of Things To Come: Why Apple Breached Its "Generational Bottom" All Over Again

Tyler Durden's picture


It is often said that a picture paints a thousand words; in the case of this image, we fear that a photo might just kill a thousand Apple Bulls' hopes. Unlike the euphoric (and perhaps 'paid') crowds that emerge to wait night-after-night under the stars in the hopes of being one of the first to get their hands on next-generation iMaterial, it appears the Chinese are just not that bothered when it comes to iPhone5. The photo below, via WSJ's China Real-Time Report, shows the line (all two people) waiting outside of the Beijing Apple Store on the day of the launch of iPhone5 in China. Before you ask; no, one of them is not Gene Munster doing channel-checks. As the article notes, this is arguably "the least eventful launch of an Apple device in the company’s four-year history in the Chinese capital." They go on to note, "at 8 am on Friday, when the store opened to hurrahs from employees, only two consumers stood inside a cordon set up by Apple, though they were joined by a desultory snow man someone had made on a bench near the entrance," and we understand the snowman was under-impressed with the iPhone5. Perhaps this sole image is the best reflection of a 'fad' product and why the 'fad' stock price just pierced generational lows (at $517.48 in pre-market). WWJTD?



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Fri, 12/14/2012 - 09:21 | 3062252 GetZeeGold
GetZeeGold's picture



Abandon hope.....all ye who enter here.

Fri, 12/14/2012 - 09:23 | 3062257 Looney
Looney's picture

But.. but... Ilene says BTFD?  ;-)


Fri, 12/14/2012 - 09:34 | 3062284 Xibalba
Xibalba's picture

Kim Kardashian has a generational bottom.  

Fri, 12/14/2012 - 09:44 | 3062301 azzhatter
azzhatter's picture

If she had as many dicks sticking out of her as she's had in her she'd look like a porcupine

Fri, 12/14/2012 - 09:46 | 3062312 HoofHearted
HoofHearted's picture

You missed it there. Her generational bottom has definitely been breached...over and over and over again.

Fri, 12/14/2012 - 10:12 | 3062385 TruthInSunshine
TruthInSunshine's picture

It's ridonkulous to think that the iGadget saturation, whereby iGadgets that work nearly the same way that iCanHazFoxconn?'s other products (made for other companies, in the same facility, with different logos slapped on) work, but just cost more (like the fanciest dijon ketchups), is just a fad.

Apple be cookin' up some fresh, hot, defs in Cupertino. Holla, bitchez.

p.s. That snowman on that bench pulled his pants down when he heard the snowblower was coming.

Fri, 12/14/2012 - 10:34 | 3062480 Spastica Rex
Spastica Rex's picture

snowman + snowblower = +1

Fri, 12/14/2012 - 11:40 | 3062726 Antifaschistische
Antifaschistische's picture

IGadgets are NOT fads!!!   This is a permanent paradigm shift just like Cabbage Patch Kids and Beenie Babies.

Fri, 12/14/2012 - 14:31 | 3063442 hannah
hannah's picture

im just loaded iOS6 on my pet rock and i get all the android apps now....

Fri, 12/14/2012 - 09:46 | 3062310 Squid Vicious
Squid Vicious's picture

CNBS ratings... generational bottom...

Fri, 12/14/2012 - 09:54 | 3062336 Widowmaker
Widowmaker's picture

Isn't kardashian just slang for slut with a butt?


Fri, 12/14/2012 - 09:56 | 3062342 CVfriendship
CVfriendship's picture

Made my Friday. 

Fri, 12/14/2012 - 10:37 | 3062495 Going Loco
Going Loco's picture

No matter. They will sell iphones to American hobos instead.


Fri, 12/14/2012 - 10:40 | 3062499 The trend is yo...
The trend is your friend's picture

this should mean that spx will move up by 2% as appl falls

Fri, 12/14/2012 - 09:23 | 3062258 101 years and c...
101 years and counting's picture

all the chinese have already donated 1 kidney to pay for their iPhone 2.  if they donate the second kidney, they die.  those 2 peope will be dead by EOD.

Fri, 12/14/2012 - 09:25 | 3062262 insanelysane
insanelysane's picture


Speaking of our friends in the east, you need to find the video of the North Korean citizens out in the streets spontaneously celebrating their recent rocket launch.  

Nothing says dance like its 1999 than having some comrades off camera pointing guns at you.

Fri, 12/14/2012 - 09:45 | 3062307 azzhatter
azzhatter's picture

I thought they were cheering the new Ifrone

Fri, 12/14/2012 - 10:26 | 3062446 CPL
CPL's picture

That would probably require electricity.

Fri, 12/14/2012 - 10:28 | 3062460 _ConanTheLibert...
_ConanTheLibertarian_'s picture

Kim JU has a new iThrone

Fri, 12/14/2012 - 09:27 | 3062264 Fidel Sarcastro
Fidel Sarcastro's picture

iHype and iScrew'em  welcome to competition bitchezz

Fri, 12/14/2012 - 09:37 | 3062289 intric8
intric8's picture

Competition in the form of apple knock-offs at a mere fraction of the price. Apple is being egotistical here methinks

Fri, 12/14/2012 - 09:45 | 3062305 HelluvaEngineer
HelluvaEngineer's picture

You mean working Chinese people won't pay the equivalent of an extra month of labor just to have the real thing?  They need to get their priorities in order.

Fri, 12/14/2012 - 10:34 | 3062481 Spastica Rex
Spastica Rex's picture

It's why they will never challenge the US as the world's sole superpower.

Sat, 12/15/2012 - 00:13 | 3065674 ZeroAvatar
ZeroAvatar's picture

You can hear the one guy saying, "Can you hear me now?".

Fri, 12/14/2012 - 09:28 | 3062267 fonzannoon
fonzannoon's picture

Cue aapl ramp that always happens after ZH post. Courtesy of Kev.

Fri, 12/14/2012 - 09:29 | 3062271 JustObserving
JustObserving's picture

The Chinese do not have a Bernanke printing $1.02 trillion a year  ($3248 per citizen)  to spend on istuff.

Fri, 12/14/2012 - 09:39 | 3062291 LetThemEatRand
LetThemEatRand's picture

When you say it like that -- "$3248 per citizen to spend on istuff" -- it almost sounds pro-middle class.  Bat alas, the devil is in the details.  In this case, the "details" are that the $3248 "per citizen" is going straight to a few bankers.  The only role the "citizen" has in that money is that they or more likely their descendants will get to pay it back through taxes some day.  Pretty cool trick to be able to print money for yourself and send the bill to someone else.

Fri, 12/14/2012 - 10:10 | 3062394 centerline
centerline's picture

Eventually are we each going to get a package that tells us all about the banker we are supporting and get to see what extravagant things he is doing?  Kind of like the Sally Struthers African kid thing in reverse.  I mean, if I am coughing up over $12k from my family, shouldn't I get to live vicariously through my banker?

Fri, 12/14/2012 - 10:36 | 3062489 Spastica Rex
Spastica Rex's picture

Funniest comment I've seen in weeks. I wish I had more than one upvote.

Fri, 12/14/2012 - 09:30 | 3062273 eigenvalue
eigenvalue's picture

But except for AAPL, all the markets seem eerily quiet. Few people still believe that there will a Grexit because we have the OMT and seemingly endless free money from Germany. Does anybody think the fiscal cliff will still be unresolved by the year end? 

What will be the next Risk-Off trigger?

Fri, 12/14/2012 - 09:37 | 3062290 semperfi
semperfi's picture

There will be no Grexit. It has already been turned into an EU colony.  Job done. 

Call the 'fiscal cliff' a 'wealth grab', along with KenyanCare. Call it what it is.  Its a big step towards the Demomarxists communist panacea. The Demomarxists are not going to 'reach a deal' for they WANT this to happen.  Then they'll successfully blame it on the republicans (because they are wusses who forgot how to fight back, or worse, traitors to the cause) in the House and get the 47% Taker Nation to vote Demomarxist for the House in 2014.  Then the Demomarxists can really get to work controlling all 3 branches of govt.

Fri, 12/14/2012 - 11:35 | 3062710 AnAnonymous
AnAnonymous's picture

Its a big step towards the Demomarxists communist panacea.

A big step toward the 'american' panacea.

'Americans' in Europe are fiddling to the tune of 'americanism', nothing else.

Fri, 12/14/2012 - 09:43 | 3062296 JenkinsLane
JenkinsLane's picture

Angela Merkel will do everything in her power to ensure there is no Grexit prior the German elections in fall 2013 because she

does not want the German people to realise they will suffer a genuine, real financial loss once Greece exits. The only way

Grexit will happen before then is if it comes up from the streets. I guess they also need time to buttress Spain prior to Grexit

to prevent a domino effect but the Spaniards aren't playing ball on that one.


Fri, 12/14/2012 - 09:31 | 3062274 semperfi
semperfi's picture


Fri, 12/14/2012 - 10:12 | 3062399 centerline
centerline's picture

then iPlunge

Fri, 12/14/2012 - 09:31 | 3062275 Jason T
Jason T's picture

he went full retard on apple.  

Fri, 12/14/2012 - 09:32 | 3062277 Dr. No
Dr. No's picture

I could have told you that.  Why wait in line when iKnock-off stores are two blocks over??

Fri, 12/14/2012 - 09:33 | 3062283 AU5K
AU5K's picture

Could be a good buy in the $350 - $375 range for a trade though...

Fri, 12/14/2012 - 10:22 | 3062434 CPL
CPL's picture

In it's historical range when Steve Jobs isn't in house.


Under $20.

Fri, 12/14/2012 - 09:42 | 3062298 AnAnonymous
AnAnonymous's picture

Chinese have a long path to walk to achieve 'american' fullness.

Stuff like this show how much backward they are compared to the standard of 'americans' you can find around the world.

'Americans' have managed to produce behaviours you could expect from starving people lining up for food and water (hence tortured by the pang of hunger and thirst) but these 'american' times, by people who are hungry for bits of cloth or electronics.

That is the great advancement of humanity as thought by 'americans'

Fri, 12/14/2012 - 12:56 | 3062986 akak
akak's picture

Chinese have a long path to march to achieve American fullness of sanitation.

Stuff like this show how much backward they are compared to the standard of human toiletry you can find around the world.

Chinese shitizens have managed to produce roadside behaviours you could expect from filthy infants lining up their diapers after food and water (hence tortured by the pang of insanitation) but these Chinese shitizenism times, by people who are hungry for bits of wokked dog and bear penis soup.

Blobbing-up and eating endangered animals, like animals: that is the great advancement of humanity as thought by Chinese shitizens.

Fri, 12/14/2012 - 09:43 | 3062300 jimijon
jimijon's picture

Apple has peaked, Apple is doomed, Apple is a toy, Apple just makes fruity colored underpowered computers, Apple is overpriced fad, Apple is doomed.

Over and over, over the years, the same bs from emotional tools.

A little bit lower and I will buy another option!!!


Fri, 12/14/2012 - 09:49 | 3062321 HelluvaEngineer
HelluvaEngineer's picture

Sorry.  You obviously never owned one in the 80's - the first time they got crushed by their competition.

Fri, 12/14/2012 - 10:27 | 3062454 jimijon
jimijon's picture

Wrong, I have. I have been with Apple since the Apple II. Yes, I briefly did a few incursions into Windows, but then luckily I discovered linux/unix and of course the Internet which was run on unix / linux. Never had to deal with MS again!

Just finished an app for Android and iOS. Without question, Android was a supreme pain in the ass. No wonder why gamers are avoiding it. Also, the iPhone 5's weight is perfect for gaming! You just don't get tired holding it.

Nonetheless, I am agnostic and developing a SaaS solution to handle the different platforms. 


Fri, 12/14/2012 - 10:40 | 3062501 Spastica Rex
Spastica Rex's picture

Did you play that game with the two green-screen pirates who fought with fencing swords? 

I loved that game.

Apple IIs were the best. I was a poor kid and didn't have one, but my high school did. That must of been what, 1982?

You're pretty old for a developer.


Fri, 12/14/2012 - 09:44 | 3062303 Squid Vicious
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I am Joe Terrabona, I am Fast Money....

Fri, 12/14/2012 - 09:45 | 3062308 Atomizer
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You'll need to purchase a $0.99 app to get your answer.

Fri, 12/14/2012 - 09:49 | 3062319 Paper CRUSHer
Paper CRUSHer's picture

.......Doug JacKass has jus' sent an urgent email message to his clients.

"Stop harassing me"


Fri, 12/14/2012 - 09:51 | 3062326 marginnayan
marginnayan's picture

"no, one of them is not Gene Munster doing channel-checks."

It's hgh time for Gene Munster himself to stand in queue to do channel-checks! LMAO.

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