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Presented without comment as the iconic tech firm of our time loses the somewhat satanic $555 lows of pre-earnings taking the firm back to two-month lows and dragging the rest of the market with it...


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Tue, 05/15/2012 - 15:19 | 2428458 fuu
fuu's picture

Houston we have hit a wall.

Tue, 05/15/2012 - 15:20 | 2428473 Aziz
Aziz's picture

Repeat after me:

This time is different.

This time is different.

This time is different.

This time is... 

Tue, 05/15/2012 - 15:23 | 2428479 redpill
redpill's picture

Time to move on to the next fruit I guess

Tue, 05/15/2012 - 15:25 | 2428501 Aziz
Aziz's picture

Nope, time for QE3, bitchez!

Tue, 05/15/2012 - 15:31 | 2428539 hedgeless_horseman
hedgeless_horseman's picture







Tue, 05/15/2012 - 15:37 | 2428566 SilverIsKing
SilverIsKing's picture

FOMC minutes tomorrow.  This could be the washout before Ben sprinkles his fairy dust.

Tue, 05/15/2012 - 15:38 | 2428580 hedgeless_horseman
hedgeless_horseman's picture



Tomorrow...before Ben sprinkles his fairy dust.

BTFD (Buy Tomorrow's Fairy Dust)

Tue, 05/15/2012 - 15:54 | 2428649 sunaJ
sunaJ's picture

Trickle-down debtonomics.

Tue, 05/15/2012 - 16:05 | 2428722 SilverIsKing
SilverIsKing's picture

Nothing tricklish about how the debt flows.  More like an avalanche.

Tue, 05/15/2012 - 15:35 | 2428568 CaptainObvious
CaptainObvious's picture

Dude, don't joke around like that.  Now Governor Moonbeam has to send a personal assistant out to get him a fresh pair of jockeys.

Tue, 05/15/2012 - 15:44 | 2428612 RmcAZ
RmcAZ's picture

Let's have a bunch of us put that on Twitter and watch the markets flash crash.

Tue, 05/15/2012 - 16:07 | 2428729 ZeroPower
ZeroPower's picture

You do realize institutions can't get enough of FB, right? Watch it pop on Friday, as much as its irrational to say, over the $100bn mkt cap mark.

Tue, 05/15/2012 - 21:50 | 2429924 mick_richfield
mick_richfield's picture


Tue, 05/15/2012 - 15:28 | 2428518 t_kAyk
t_kAyk's picture

Lets see... 

We have A for AAPL, B for our Banana Republic and C for...  for, um...  Cocaine?  Change?  Chunky Monkey?  Wait, that's ice cream... 

Tue, 05/15/2012 - 15:43 | 2428609 redpill
redpill's picture

cokeNwhores, Bogota style

Tue, 05/15/2012 - 15:32 | 2428542 Joe Sixpack
Joe Sixpack's picture

"Time to move on to the next fruit I guess"

Take your pick:

Tue, 05/15/2012 - 15:39 | 2428577 Mountainview
Mountainview's picture

You mean Samsung (exotic berry)...

Tue, 05/15/2012 - 15:43 | 2428587 pkea
pkea's picture

chase covers losses via selling oil and apple:)

Tue, 05/15/2012 - 17:19 | 2429027 CaptainObvious
CaptainObvious's picture

Well, we did Blackberry...a small, delicate fruit that is easily squashed.  We did Apple, a fruit (symbolic of America) that is easily bruised and once bruised becomes rotten to the core.  So what does that leave us with?  How about a fruit that for once represents reality...the durian.  It's big, ugly, covered in spikes, and stinks to high hell.  Anybody care to market the Durian brand smartphone?

Tue, 05/15/2012 - 18:57 | 2429385 Ident 7777 economy
Ident 7777 economy's picture



CaptainObvious :

Well, we did Blackberry...a small, delicate fruit that is easily squashed. We did Apple, a fruit (symbolic of America) that is easily bruised and once bruised becomes rotten to the core. So what does that leave us with? How about a fruit that for once represents reality..


Grapes, wrath. (Literally read that as: GRAPES comma WRATH)


In a few months now ....



Tue, 05/15/2012 - 17:32 | 2429061 derek_vineyard
derek_vineyard's picture

there are no fruits on wall street

Tue, 05/15/2012 - 18:28 | 2429275 Alhazred
Alhazred's picture

Or Iran,

I remember president Ack mah dinner jacket
Saying that once.

Tue, 05/15/2012 - 15:29 | 2428527 Dr. Kenneth Noi...
Dr. Kenneth Noisewater's picture

Where's the volume :/

Tue, 05/15/2012 - 15:44 | 2428628 hedgeless_horseman
hedgeless_horseman's picture



Where's Top Calling Troll this week?

Tue, 05/15/2012 - 21:51 | 2429933 mick_richfield
mick_richfield's picture

I got your volume right here.

Tue, 05/15/2012 - 15:17 | 2428459 LetThemEatRand
LetThemEatRand's picture

Who could have predicted this?

Tue, 05/15/2012 - 15:28 | 2428525 slackrabbit
slackrabbit's picture

even Jamie saw this coming.....

Tue, 05/15/2012 - 15:30 | 2428529 junkyardjack
junkyardjack's picture

Not me, long and wrong again. FUUUUUUU

Tue, 05/15/2012 - 18:01 | 2429173 Bubble
Bubble's picture

So both original investment ideas and profile pictures then?
mad skillz

Tue, 05/15/2012 - 15:20 | 2428463 ihedgemyhedges
ihedgemyhedges's picture

And GM just dumped Facebook ad services.  Not effective.


Tue, 05/15/2012 - 15:27 | 2428516 catacl1sm
catacl1sm's picture

Their product never was effective. If you can't track your CCP into actual sales, it's a shot in the dark on how you're doing. A 20% click-rate is not that bad. If they want to improve it then they need to use effective tactics to do so. To simply stop using FB ads and claim it is in-effective is a reduction fallacy. They simply lack the personnel to use them effectively.

Tue, 05/15/2012 - 15:36 | 2428561 CvlDobd
CvlDobd's picture

Oooohhhhh yeah! That hot brunette I wanna fuck just uploaded bikini pics! Oh hold on, what's this? A GM vehicle for $199 a month? Fuck the bikini! I'm clicking the GM ad!

Is that what you believe is happening?

Tue, 05/15/2012 - 16:40 | 2428851 WonderDawg
WonderDawg's picture

More and more people using FB on mobile devices, not prone to clicking ads.

And for the record, I'm not much of a FB guy, but I have never, not even once, clicked on an ad on FB.

Tue, 05/15/2012 - 17:28 | 2429054 THX 1178
THX 1178's picture

I don't even look at them.

Tue, 05/15/2012 - 17:35 | 2429081 Deo vindice
Deo vindice's picture

There are ads on Facebook?

What's Facebook?

Tue, 05/15/2012 - 21:56 | 2429946 mick_richfield
mick_richfield's picture


What's Facebook?

I do not have complete records from your time.  Much was lost.  The best I have been able to determine is that 'the FaceBook' was a movie, or a massively-parallel software game based on a movie.

It became popular just before the Last War.


Tue, 05/15/2012 - 18:22 | 2429235 Abitdodgie
Abitdodgie's picture

I have never been on FB but it tracks me on every page i go to.

Tue, 05/15/2012 - 15:29 | 2428519 junkyardjack
junkyardjack's picture

Users clicked on their ads but then quickly realized GMs cars are not compatible with Farmville and did not complete a purchase....

Tue, 05/15/2012 - 16:47 | 2428901 Matt
Matt's picture

That's it, they just need to cross-promote with Zynga. Buy a new GM via a Facebook ad, and unlock a unique quest and upgrade for Farmville!

Tue, 05/15/2012 - 15:19 | 2428464 semperfi
semperfi's picture


Tue, 05/15/2012 - 15:19 | 2428467 bank guy in Brussels
bank guy in Brussels's picture

Fracking brilliant article title ... ZeroHedge rules

Tue, 05/15/2012 - 15:20 | 2428468 fonzannoon
fonzannoon's picture

Apple @555 Gld @ 1550

which one holds?

Tue, 05/15/2012 - 15:24 | 2428486 junkyardjack
junkyardjack's picture

Looks like AAPL won, Gold 1546...

Tue, 05/15/2012 - 15:25 | 2428494 fonzannoon
fonzannoon's picture

Yup. what happened to those appl margin calls? 

Tue, 05/15/2012 - 15:42 | 2428589 fuu
fuu's picture

AAPL 553.05...552.73.

20 minutes to go, will they pop or poop?

Tue, 05/15/2012 - 15:42 | 2428608 fonzannoon
fonzannoon's picture

Yeah I see and I hate fkin aapl but....

ABX SLW EXK GDX etc. etc. etc..

Tue, 05/15/2012 - 20:59 | 2429764 James_Cole
James_Cole's picture

The juniors are being obliterated, lots of -12% and over moves.

Tue, 05/15/2012 - 15:41 | 2428603 Al Huxley
Al Huxley's picture

Man, those poor fucking commercials in the gold market - closing so many of their short positions and taking the long side of the trade right at the start of what's sure to be a massive leg down - taken to the cleaners by the spec's again.  When will those nutty bullion banks ever learn to follow the trend?  /sarc

Tue, 05/15/2012 - 15:46 | 2428631 fonzannoon
fonzannoon's picture

Al please expand on that. You referring to the miners? Because this has already been a big fkin leg down.

Tue, 05/15/2012 - 15:57 | 2428700 Al Huxley
Al Huxley's picture

I was actually referring to the commercial short and long positions as reported on the Commitment of Traders report.  Commercial traders are always net short, partly because they write the calls to sell to the speculative longs.  At gold peaks they're typically 3:1 short to long.  Right now (as of last Tuesday) they're 1.55:1 short to long, which is as low as I've ever seen the ratio.  So odds are that now's closer to the bottom of the drop in gold rather than the start of a big leg down (hence the /sarc notation). 


As for the miners, I'm ambivalent.  There are a couple I like, that have been sold down beyond all reason (baby out wiith the bathwater kind of thing), but the majors seem to suffer from massive incompetence for the most part, and a lot of the juniors have been overpromising and under-delivering for so long that the sector is kind of getting what it deserves.  That said, I still think they're overdone and I'm pretty sure the really big leg up is still to come.

Tue, 05/15/2012 - 15:59 | 2428710 fonzannoon
fonzannoon's picture

Many thanks

Tue, 05/15/2012 - 21:02 | 2429774 James_Cole
James_Cole's picture

" and a lot of the juniors have been overpromising and under-delivering for so long that the sector is kind of getting what it deserves.  That said, I still think they're overdone and I'm pretty sure the really big leg up is still to come." 

Just had a huge move up, this leg down was coming, pretty ugly out there today though. Look at the fundamentals, lots of juniors have great prospects if gold holds above 1200. 

Tue, 05/15/2012 - 15:51 | 2428673 toothpicker
toothpicker's picture

Algo logic = Alcoholic

Tue, 05/15/2012 - 15:21 | 2428469 Timmay
Timmay's picture

You can only realize profits if you SELL.

Tue, 05/15/2012 - 15:28 | 2428506 slackrabbit
slackrabbit's picture

unless your TBTF

Tue, 05/15/2012 - 15:20 | 2428472 goforgin
goforgin's picture

If God is 777 and the Devil 666, then  Man must be 555

---The Pixies

Tue, 05/15/2012 - 15:23 | 2428489 ThirdWorldDude
ThirdWorldDude's picture

This apple's goin' to heaven

Tue, 05/15/2012 - 15:40 | 2428583 DebtSlaveZombie
DebtSlaveZombie's picture

Goldman selling their AAPL stake to their customers....The street wins again, myyy prettyyyyyy

Tue, 05/15/2012 - 15:54 | 2428689 FranSix
FranSix's picture

Ok, I have a trick question for you, who's triple 8?

Tue, 05/15/2012 - 18:27 | 2429281 The Boognish
The Boognish's picture


Tue, 05/15/2012 - 15:20 | 2428474 UncleBubba
UncleBubba's picture

Money to pay for purchasing facebook shares has to come from somewhere (tech sector... possibly a stock that had a large run up?)

Tue, 05/15/2012 - 15:23 | 2428477 the not so migh...
the not so mighty maximiza's picture

Dig up Jobs and put a pair of sunglasses on him.

Tue, 05/15/2012 - 15:25 | 2428492 GolfHatesMe
GolfHatesMe's picture

There's an app for that

Tue, 05/15/2012 - 15:23 | 2428483 CClarity
CClarity's picture

CNBC is so horrid - between the Facebook bashing that clearly someone "at the top" of this infommercial channel ordered the paid talking heads to spew about . . . now the breathless "A new breaking announcement that 700 million Euros have left Greece for Bunds etc . . . is it a run?"  You morons, this has been going on for well over a year.  And really.  700 Million?  That isn't even 3/4 of a Billion. Particularly pathetic programming today.  

Pathetic shills.

Tue, 05/15/2012 - 15:22 | 2428484 i love cholas
i love cholas's picture

If Man is 5...if man is 5... if man is 5... This monkey has gone to heaven

Tue, 05/15/2012 - 15:22 | 2428487 Shizzmoney
Shizzmoney's picture

Quick, tell the Chinese slaves at Foxconn to make us a Golden iPads stat!

Tue, 05/15/2012 - 15:24 | 2428488 Diablo
Diablo's picture

TD; any truth that JPM is dumping silver (and gold) to cover their losses in the CIO?


Tue, 05/15/2012 - 15:23 | 2428490 tekhneek
tekhneek's picture

Someone please tell you've been selling calls the last month and pocketing the premiums?

Tue, 05/15/2012 - 15:25 | 2428496 Vincent Vega
Vincent Vega's picture


Tue, 05/15/2012 - 15:24 | 2428499 Ineverslice
Ineverslice's picture

Newton's AAPL...

Tue, 05/15/2012 - 15:31 | 2428502 slackrabbit
slackrabbit's picture

man gold is taking a dump at the moment....better get my janitor clothes on and clean up this mess, there craaappll everywhere


btw: Krugman says this is bullish

Tue, 05/15/2012 - 15:27 | 2428507 bill1102inf
bill1102inf's picture

:( Gold Longs

Tue, 05/15/2012 - 15:33 | 2428536 Vincent Vega
Vincent Vega's picture

:( paper gold longs     :) physical gold longs

Tue, 05/15/2012 - 15:39 | 2428576 junkyardjack
junkyardjack's picture

Gold miners currently showing strong support around 0.  Keep an eye out for a buying opportunity...

Tue, 05/15/2012 - 15:45 | 2428624 Al Huxley
Al Huxley's picture

LOL - I'll wait till they trade in the negatives, thanks.  Although I might get on board DUST (3x gold miners bear).  Looks to be the first stock/fund in history destined to go straight up forever without correction.

Tue, 05/15/2012 - 19:39 | 2429542 ffart
ffart's picture

Nah, they'll TVIX it. Dust down 20% in a day while GDXJ crashes to the $8 range.

Tue, 05/15/2012 - 15:52 | 2428667 tocointhephrase
tocointhephrase's picture

Physical disconnect picking up pace 3i7cHeZ

Tue, 05/15/2012 - 15:27 | 2428508 waterwitch
waterwitch's picture

Then Steve Jobs must be 888

Tue, 05/15/2012 - 15:35 | 2428565 ThirdWorldDude
ThirdWorldDude's picture

Only if he comes back as Quetzalcoatl

Tue, 05/15/2012 - 15:27 | 2428509 Hossboxer
Hossboxer's picture

What the eff happened around 3 PM EST that tanked everything? JPM news about the feds?

Tue, 05/15/2012 - 15:30 | 2428528 BORT
BORT's picture

GM will no longer advertise on FB.  Not effective


Tue, 05/15/2012 - 15:50 | 2428658 crawldaddy
crawldaddy's picture

the PPT guy that punches the Buy buy buy all day must have fallen asleep.

Tue, 05/15/2012 - 19:58 | 2429596 lotsoffun
lotsoffun's picture

it is GOOD news that the fbi is investigating.  i'm not sure why, but i'm sure it is good!!


Tue, 05/15/2012 - 15:27 | 2428511 DavidC
DavidC's picture

That's the Facebook IPO fucked.


Tue, 05/15/2012 - 15:31 | 2428541 junkyardjack
junkyardjack's picture

Good thing they upped the IPO price. Second round of BATS bitchez!

Tue, 05/15/2012 - 15:29 | 2428514 midgetrannyporn
midgetrannyporn's picture

Go ahead, bite the big crAAPL, don't mind the maggots.

Tue, 05/15/2012 - 16:46 | 2428893 WonderDawg
WonderDawg's picture

+1 for a Stones reference.

Tue, 05/15/2012 - 15:30 | 2428522 Father Lucifer
Father Lucifer's picture


Tue, 05/15/2012 - 15:31 | 2428532 PicassoInActions
PicassoInActions's picture

Jopamites are unwinding their positions

2 days in a row 

Fuck JPM

Tue, 05/15/2012 - 15:31 | 2428538 Hossboxer
Hossboxer's picture

damnit i plan on shorting fb as soon as they go public. why couldn't the GM news come next week

Tue, 05/15/2012 - 15:35 | 2428554 junkyardjack
junkyardjack's picture

Don't you need to wait a few weeks before you can short a new stock anyway?

Tue, 05/15/2012 - 15:36 | 2428556 Bastiat009
Bastiat009's picture

I thought that was a story about the crashing gold but no, not here. Can gold survive the death of the euro? It doesn't look like it.

Seriously, gold is the worth thing to hold in 2012. All the people who claimed that gold was good in times of crisis have lost all credibility. That doesn't make the Fed right, but gold is really terrible when a fiat currency dies. Apple is probably better, making good products that people buy.

Tue, 05/15/2012 - 15:47 | 2428646 Al Huxley
Al Huxley's picture

You bet!  As I said above, I sure pity the poor fucking bullion banks who've been closing out their short positions and going long at a record pace, RIGHT AT THE START OF GOLD's NEXT BIG LEG DOWN!!!  Wow, those poor bastards, always getting fleeced by the spec trade /sarc

Tue, 05/15/2012 - 17:08 | 2428996 robertocarlos
robertocarlos's picture

Why is the price still going down?

Tue, 05/15/2012 - 23:40 | 2430283 i_fly_me
i_fly_me's picture

I price my income/assets in ounces troy ... I got a raise this week.

Tue, 05/15/2012 - 15:55 | 2428693 crawldaddy
crawldaddy's picture

LOL, umm, no. What happens is the commodity will go down for a period, as long as the dollar stays up, when the dollar goes, guess what goes bezerk?  See gold is about investing , not gambling.  You can actually buy and hold gold, unlike your silly tech stocks which are based on a few people renting some space in some office building. There is nothing to them, they can go poof in a second.  Gold has , lets see a solid history going back to all our history.


In uncertain times do you invest your future on a proven commodity, or some hipsters in an office with a fad, an idea, and a few computers.

Tue, 05/15/2012 - 16:12 | 2428749 css1971
css1971's picture

They don't even have computers these days. They rent virtual machines in Amazon's "cloud".

There is literally nothing there.

Tue, 05/15/2012 - 16:48 | 2428894 bobola
bobola's picture


Right.  Why own physical gold when you could own Apple stock..??

Tue, 05/15/2012 - 15:34 | 2428558 the not so migh...
the not so mighty maximiza's picture

Uh oh..pump failure

Tue, 05/15/2012 - 15:36 | 2428560 Hossboxer
Hossboxer's picture

I shorted Pandora at 10AM on their IPO through InteractiveBrokers. My other broker (Optionshouse) was like "no you can't short pandora". IB was like "fire away"

Tue, 05/15/2012 - 15:38 | 2428572 fonzannoon
fonzannoon's picture

I have to call a spade a spade here. Aapl barely budged. The market is taking a shit and the metals are taking a bigger shit. Market probably closes green with the metals still in the shitter.

Tue, 05/15/2012 - 15:39 | 2428586 Conman
Conman's picture

Doubt that, looking at the action and theres no chance for it to close green today. No dip to buy today - the rules are the dip has to be bought on opening dip pre euro close.

Tue, 05/15/2012 - 15:43 | 2428606 Hossboxer
Hossboxer's picture

I think the fed has a rule that they only come in to buy up a bunch of ETF's if the market is way down before noon. Too little too late for illegal fed intervention today.

Tue, 05/15/2012 - 15:44 | 2428614 the not so migh...
the not so mighty maximiza's picture

i am sure that rule is being changed as i type this

Tue, 05/15/2012 - 15:51 | 2428677 Conman
Conman's picture

You play by the PPTs rules or you get out!

3:30 meltups are only for no volume, slow grind up days. sheesh people havent you been paying attention all year. This market is so predictable its not even funny- but profitable for those who play along.

Tue, 05/15/2012 - 23:45 | 2430295 i_fly_me
i_fly_me's picture

Did you sell physical ozt today?  I have more than I started the day with.  #winning

Tue, 05/15/2012 - 15:42 | 2428595 Squid Vicious
Squid Vicious's picture

morgan stanley about to take out the 14 handle... ouch , seems like yesterday that doosh CEO was crowing about how much it was up off the lows

Tue, 05/15/2012 - 15:47 | 2428620 TWSceptic
TWSceptic's picture

What Biderman said: people are selling some of their assets to buy FB IPO since they have no cash. Explains why dollar is going up too.

Tue, 05/15/2012 - 15:44 | 2428629 carbonmutant
carbonmutant's picture

Is AAPL's performance a forecast of Consumer Confidence on the 29th?

Tue, 05/15/2012 - 15:46 | 2428647 crawldaddy
crawldaddy's picture

next you'll be telling me that a myspace, umm I mean facebook which has peaked and makes 1 billion a year isnt worth 100 billion.  


Im waiting on a groupon for the facebook IPO. Big savings, oh thats right, groupon is........

Tue, 05/15/2012 - 15:48 | 2428650 Hossboxer
Hossboxer's picture

I just bought some zynga puts. Hopefully people pull money out of that unprofitable company to invest in facebook.

Tue, 05/15/2012 - 15:51 | 2428668 crawldaddy
crawldaddy's picture

zynga, facebook, groupon, linked in, apple.  In 10 years people are going to look back at these stocks and think.  WTF were we thinking.  Sort of the way you look back at old photos and look at your hair and clothes choices.



Tue, 05/15/2012 - 15:59 | 2428706 Conman
Conman's picture

Uh we already had a .com bubble. People don't learn.

Tue, 05/15/2012 - 16:08 | 2428739 css1971
css1971's picture

This is the social networking bubble. Entirely different thing.

Tue, 05/15/2012 - 16:12 | 2428748 scatterbrains
scatterbrains's picture

exactly!  how do you count ad clicks at the flea market once everyone is reduced to gruel and hand me downs.

Tue, 05/15/2012 - 15:59 | 2428703 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

My aapl to $525 call when it was at $600 is right on target.  I still have the DJ moving to 12,225 before Bernanke does his next thang, too.  Trade is in line.  Have at it space monkeys.

Tue, 05/15/2012 - 15:57 | 2428704 fonzannoon
fonzannoon's picture

who the fk is buying the market at the close here? What a fkin total joke. I would love to know who is jumping in here at this point in time. Funny stuff.

Well it's not green but they left the metals in the dust. Mission accomplished.

Tue, 05/15/2012 - 16:00 | 2428711 fe09rt65
fe09rt65's picture

looks like the gold chart

Tue, 05/15/2012 - 16:07 | 2428727 EclecticParrot
EclecticParrot's picture

Ha !  Even though Bernanke's secretary pushed the "Transmit" button in her boss's iB account at 10:30 par usual (aka "fed open market operations"), Beezelbub awoke from his dogmatic slumber (perhaps an alert from his ZH RSS feed) and took a flaming '9 circles of Hell' dump at noon.

CNBS is blaming reports of money leaving the Greek banking system for the late-day plummet.  If so, looks like that money went into GOOG, ouzo and UUP, the only big things up today (aside from lovely inverse funds). 

The GOOG uptick is likely bad news for the Fakebook IPO -- with GM taking their advertising dollars elswhere, Gaybama may be the sole big advertiser left -- perhaps videos of Geithner telling us "a lower market is cheap, and that's good, because more people can afford it."  Only Dumbo had bigger ears.

Tue, 05/15/2012 - 16:08 | 2428740 Madcow
Madcow's picture

GM pulls the plug on Facebook advertising -





Tue, 05/15/2012 - 16:10 | 2428743 penexpers
penexpers's picture

Apple pretty much has two products: the iPad and the iPhone.

And who is Apple relying on to buy their fucking iCrap? The completely broke, debt-loaded U.S consumer who, as we've confirmed over and over again, is loading up on debt to maintain their current standard of living.

What the hell is Apple going to do? Have financing options on their iPads and iPhones? They're going to have to if nobody has the financial resources to purchase their iShit.

I see a calamitous end to all of this virtual bullshit in the near future. Not just Apple. It'll be Facebook, Zynga, LinkedIn, Groupon; all companies who rely on consumers to purchase the products from the companies who bought ad space.



Tue, 05/15/2012 - 16:15 | 2428759 TWSceptic
TWSceptic's picture

Hello Apple sells more Macs than ever and will continue to do so as increasingly more people make the switch from PC to Mac. Then you have Apple TV coming out... Don't worry they'll do fine. Can't say the same about others. You can see right away who the Windows users are lol.

Tue, 05/15/2012 - 16:16 | 2428774 penexpers
penexpers's picture

You say that as if you're completely confident that Americans/Westerners have been buying these products from their stashes of sparkling new cash in their savings accounts.

Apple TV and Macbook Air are not going to save Apple.

I guarantee it.


Tue, 05/15/2012 - 16:20 | 2428796 Toolshed
Toolshed's picture

What a sad little fanboy you are. Macs will never be more than a tiny little niche market for users with more money than brains. I know it hurts you terribly, but go back and read Reggie's research on Apple. You might actually learn something.........but I doubt it.

Tue, 05/15/2012 - 18:13 | 2429197 I am a Man I am...
I am a Man I am Forty's picture

you will learn that reggie has been dead wrong about apple, as well as this site, apple had fantastic earnings, apple has been due for a pullback, reggie's unit sales were wrong , margins were wrong, and most recently he was totally lost on the growth of apple in china, so why don't you learn something and compare reggie's numbers with actuals?  why don't you do that, instead of regurgitating nonsense from something you read that has been consistently wrong, this stock will need to go to 150 for reggie to get his credibility back on apple, so far his call has been a money loser.....idiot

Tue, 05/15/2012 - 17:23 | 2429039 icanhasbailout
icanhasbailout's picture

TV is an absolutely horrible market to be entering right now. I have two televisions that I haven't been able to give away, that's right, free TVs. I'm going to have to resort to organizing a "Shoot Your TV Day" at one of the local ranges to get rid of them. Market share shrinking all over, people waking up en masse how much of a liar their TVs are.


Tue, 05/15/2012 - 16:24 | 2428787 ArrestBobRubin
ArrestBobRubin's picture

Why, this AAPL news is just as unexpected as the dot com bust, the tech wreck, and housing blowout were! Only a superhuman could have detected the Bubbles forming in them! Only a superhuman could possibly have detected one forming in AAPL and nasdaq in 2012, right? Jim Cramer said Buy: so what could go wrong???

So it's extra amazing how every two-bit Paper 'Tard (and their brother) who couldn't see jack sh*t in any of those transparent bankster contrivances can always seem to sniff out a "bubble in gold" like a Blue Tick Bloodhound on a mangy 'coon.

Bizarro World, my home.

Tue, 05/15/2012 - 16:24 | 2428811 John Law Lives
John Law Lives's picture

People were going to sell AAPL stock at some point after the run the stock has had.  Profits should be taken lest they evaporate.

Tue, 05/15/2012 - 17:10 | 2428906 earleflorida
earleflorida's picture

"The Fruit of Knowledge has met its Societal Match?"

     It takes a very special apiary bee to pollinate the aapl's money tree - does it not? Sadly, the iBee's are in disarray. Their homing mechanism has been hijacked by a hybrid orchard of 'Floral FaceBook's' that substantiates the iFruit decomposition,... having a falling out with the flower du`jour, deep in the iconic valley of infatuation for a less pithy fragrance of hive solidarity?


Tue, 05/15/2012 - 17:36 | 2429080 stickyfingers
stickyfingers's picture

What's parabolic in reverse - gravity.

Tue, 05/15/2012 - 18:28 | 2429277 orangegeek
orangegeek's picture

APPL follows its index well - NASDAQ100 - most weighting here.


NASDAQ100 isn't looking so healthy.

Tue, 05/15/2012 - 20:05 | 2429616 Tom Green Swedish
Tom Green Swedish's picture

1 word Verizon 4GLTE

Tue, 05/15/2012 - 20:46 | 2429733 dolph9
dolph9's picture

Fortunately I grew up during the original tech bubble.  It's made me quite resistant to the Apple and Facebook hype.

I look around, shake my head in amazement, and buy the fucking dips in gold.

Tue, 05/15/2012 - 21:26 | 2429850 crzyhun
crzyhun's picture

One bad aapl spoils the barrel.

Tue, 05/15/2012 - 22:03 | 2429975 frenzic
frenzic's picture

One bad apple spoils the whole damn bunch


Wed, 05/16/2012 - 00:59 | 2430419 mt paul
mt paul's picture

long silver..

till the end..

Wed, 05/16/2012 - 04:15 | 2430627 dreadnaught
dreadnaught's picture

why always pick on APPLE? as the WSJ noted "WIndows is antiquted technology"-ie the dinosaur in the last throes of death; APPLE are the mammals slowly taking over while the last of the lizards die off

Wed, 05/16/2012 - 07:50 | 2430845 fajensen
fajensen's picture

Maybe because my designed and $$$ MacBook Air does indeed crash more than my generic, but cheap Toshiba lapdog with Windows 7?

Then there is the directly annoying stuff:

Java doesn't work and Apple/Oracle - I don't really give a shit who - cannot be arsed to fix it. In general many MacOS applications have the look, feel and level of support one gets for gratis on Linux: Lots of dedicated users with opinions but nothing verified and ducumented. Generally, there is not much information on how to fix anything from Apple, "support" seems to be "We got your money already, now go Google it yourself - Cunt!"

Maybe people just realise: "Shit, I went and paid extra for this?", "I thought this would just work"?? The Buying Apple Experience is like having voting for Obama and then slowly being forced to realise that he is at the same time more evil than Bush and more effective at being evil!

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agagshoes's picture

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akak's picture

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