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Market Responds To Latest AAPL Product Cadence*

Tyler Durden's picture




 

*And by "Product Cadence" we of course mean "self-cannibalization" which is now occuring on more than one occasion every year, with a frequency that appears to be increasing by the month.

While much was made of WWDC with wall-to-wall media carpeting of the event, it seems the sad reality of a new laptop with more memory and screen that needs it own Lasik Surgery procedure to read it is just not enough to support the AAPL share price. The exuberance over a cross above the 50DMA does not seem as celebrated as we cross back below it.

 

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Mon, 06/11/2012 - 13:58 | 2515402 slaughterer
slaughterer's picture

AAPL bashing.  Oh Good!  The genius at AAPL is gone.  Max pain for AAPL July 540.  See Ya There!

Mon, 06/11/2012 - 14:58 | 2515614 Freddie
Freddie's picture

Apple/FoxConn to start selling iRice to the "gooks" in Vietnam.   iPad, iPhone and iPod reject parts will be bleached, chopped up and sold as iRice to the slopes in Hanoi.

Mon, 06/11/2012 - 15:07 | 2515656 AchtungAffen
AchtungAffen's picture

And in walmart too...

Mon, 06/11/2012 - 13:58 | 2515403 mrktwtch2
mrktwtch2's picture

looks like it slipped on a bananna peel..lol

Mon, 06/11/2012 - 13:58 | 2515405 carbonmutant
carbonmutant's picture

AAPL is not Spain...

Mon, 06/11/2012 - 14:27 | 2515518 disabledvet
disabledvet's picture

for the record i am NOT saying this makes sense but i AM saying to do this anyways: "buy Apple Computer not Spain." And I will be right as you all know (provided you have the money). Again..."don't ask me why." Just look at the money and WHAT IT SAYS ON IT. (hint, hint: "full FAITH and credit.)

Mon, 06/11/2012 - 14:00 | 2515411 eclectic syncretist
eclectic syncretist's picture

Why keep issuing new iterations of the same product unless the older versions aren't any good?  And if the older versions aren't any good why buy the newer version?  It's time to bring some good old common sense back into the world.

 

OT-robot trader calls short gold long financials and pretty much everything else this morning.  Update below

http://finance.yahoo.com/echarts?s=GLD+Interactive#symbol=gld;range=1d;c...^gspc;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;

Mon, 06/11/2012 - 14:28 | 2515494 Bam_Man
Bam_Man's picture

Why keep issuing new iterations of the same product

Because the products are CONSUMABLES. No matter how well-engineered and exquisitely designed, they are meant to only last for at most two to three years. Then you will feel compelled to go out and buy a new (and "improved") one.  That is the business model for EVERY successful consumer products company and Apple executes it better than anyone else.

Mon, 06/11/2012 - 15:11 | 2515668 boogerbently
boogerbently's picture

The GREATNESS of AAPL lies not in it's products, but in it's marketing.

Crap products, with terminally faithful followers.

Mon, 06/11/2012 - 16:03 | 2515853 jonan
jonan's picture

i've never, nor will i ever, purchased any iCrap stuff...i'd rather spend the $300-$400 bucks on ammo or glocks than some piece of shit electronic device that i could show off to some modern day hippy...

Mon, 06/11/2012 - 17:55 | 2516150 Buckaroo Banzai
Buckaroo Banzai's picture

Sigh. If only I'd invented Apple-flavored HaterAde. I'd be a billionaire.

Mon, 06/11/2012 - 14:55 | 2515605 FEARTHESHARK
FEARTHESHARK's picture

That's the most absurd question you could possibly ask.  Introducing new iterations of products is what every successful company does.  Are you enjoying driving that Model T?

Mon, 06/11/2012 - 14:03 | 2515415 mendigo
mendigo's picture

... a baby's arm, holding an apple.

Mon, 06/11/2012 - 14:08 | 2515443 mirac
mirac's picture

white punks on i-everything...

Mon, 06/11/2012 - 14:02 | 2515417 fuu
fuu's picture

FB for the green today though.

Mon, 06/11/2012 - 15:36 | 2515750 fuu
fuu's picture

Fair enough, in the red now.

Mon, 06/11/2012 - 14:03 | 2515418 Dead Canary
Dead Canary's picture

This wouldn't happen if Steve iCorpse was still in charge.
(too soon?)

Mon, 06/11/2012 - 14:04 | 2515425 Spitzer
Spitzer's picture

The new CEO iSGAY

Says about enough  right there

Mon, 06/11/2012 - 14:53 | 2515598 FEARTHESHARK
FEARTHESHARK's picture

So did you.

Mon, 06/11/2012 - 15:04 | 2515639 Spitzer
Spitzer's picture

Im not a homosexual sharky

Mon, 06/11/2012 - 16:04 | 2515859 jonan
jonan's picture

can i haz this app when iDie

Mon, 06/11/2012 - 14:10 | 2515453 20smoney
20smoney's picture

What a bizarre comment. Is it cool to bash Apple? They are a company that engineers and operates in amazing ways.

Why refresh products? Would you prefer a computer that still runs on a 386 procsesor? 

They just debuted a notebook computer that competitors are at least a year away from being able to match with regards to specs, probably more.

Your statements are far from common sense.

I understand if you bash Facebook, but don't bash Apple - they are hitting on all cylindars. 

Mon, 06/11/2012 - 14:19 | 2515483 Spitzer
Spitzer's picture

Maybe because they produce non necessities that are purchased mainly by broke westerners with borrowed money....

Fully valued, miniscule dividend...

Mon, 06/11/2012 - 17:49 | 2516132 Dead Canary
Dead Canary's picture

Plus the people that buy this overpriced iCrap are obnoxious trend-sucking dweebs.

Mon, 06/11/2012 - 14:26 | 2515515 financial apoca...
financial apocalyptic contagion's picture

20money boy all Im gonna say is put your money where your mouth is you faggot

Let the market decide if iSHIT is truly such a "magical and revolutionary" company, personally I've shorted the damn thing

Mon, 06/11/2012 - 15:01 | 2515625 azzhatter
azzhatter's picture

While I agree with you, I didn't detect faggot in his post.

Mon, 06/11/2012 - 15:05 | 2515647 Spitzer
Spitzer's picture

Maybe 20smoney is the CEO's alias on Zh

Mon, 06/11/2012 - 15:38 | 2515759 mendigo
mendigo's picture

troll behavior
Say something provacative - often extreme. Intent is largely to high-jack thread interrupt normal discourse.

Mon, 06/11/2012 - 16:06 | 2515866 jonan
jonan's picture

not to mention, fiat & debt is the only reason broke college kids can actually afford that shit...

Mon, 06/11/2012 - 16:35 | 2515936 mendigo
mendigo's picture

I thing its fair to say that the theme here is to question the conventional wisdom particularly when it seems to have become detached from reality. (that and buy precious metals and fade gs retail).

Mon, 06/11/2012 - 14:16 | 2515474 junkyardjack
junkyardjack's picture

Don't bet against thingamajigs

Mon, 06/11/2012 - 14:16 | 2515477 reader2010
reader2010's picture

Oh, iShit. 

Mon, 06/11/2012 - 14:18 | 2515485 ebworthen
ebworthen's picture

Steve Jobs is gone; the return of Apple circa 1990's is nigh.

Mon, 06/11/2012 - 14:56 | 2515606 magpie
magpie's picture

They might need the Tupac Hologramm Program. 

Mon, 06/11/2012 - 19:51 | 2516397 lotsoffun
lotsoffun's picture

he is consulting occasionally from an icloud

 

Mon, 06/11/2012 - 14:22 | 2515497 virgilcaine
virgilcaine's picture

nice to see some Red Mkts again.

Mon, 06/11/2012 - 14:22 | 2515503 malek
malek's picture

Nice. I'm waiting for the 5 MP display to become available in regular (non-AAPL) laptops!

Mon, 06/11/2012 - 14:23 | 2515504 jimijon
jimijon's picture

The integration of Siri, iCloud, living room, and assistant is truly amazing. Apple has become an amazingly integrated company. The not only ship the highest quality products they are becoming a very high quality eco system.

Apple will continue to thrive as it starts eating into the corporate space. We have started receiving nice corporate contracts for custom iPad apps.

Cheers

Mon, 06/11/2012 - 14:40 | 2515569 Spitzer
Spitzer's picture

Copy and paste job from RIMM a few years ago...

Mon, 06/11/2012 - 14:50 | 2515594 FEARTHESHARK
FEARTHESHARK's picture

Except that RIMM didn't have an app store, sell desktop & laptop computers, tablets, or have any other billion dollar revenue stream.  Other than that, it's perfectly analogous. 

Mon, 06/11/2012 - 16:00 | 2515842 Spitzer
Spitzer's picture

RIMM was "firing on all cylinders" at one point too. Just because it didnt sell computers means shit.

Buying Apple now is like buying RIMM at 136+

I would rather take my chances with RIMM now then Apple. Never write off a tech company.

Mon, 06/11/2012 - 18:00 | 2516159 Buckaroo Banzai
Buckaroo Banzai's picture

RIMM was a one-trick pony whose trick stopped working. That's the point.

Mon, 06/11/2012 - 18:15 | 2516193 Spitzer
Spitzer's picture

so was apple and ibm a few years ago

Mon, 06/11/2012 - 15:03 | 2515636 azzhatter
azzhatter's picture

Quality control must have had a day off when they made my MacAir. It's been back 3 times for repairs and now sits on a corner shelf collecting dust

Mon, 06/11/2012 - 14:31 | 2515535 Stackers
Stackers's picture

But didnt they see how thin the new laptops are ???? I mean I have been dreaming of when I will be able to slide my laptop between the ass cheeks of a mouse for years.

Mon, 06/11/2012 - 14:41 | 2515571 eurusdog
eurusdog's picture

I would wait to short AAPL until they have an epic product that just doesn't catch on (Segway) The drop then will be truly monumental.

Mon, 06/11/2012 - 14:50 | 2515589 Stackers
Stackers's picture

The i-Bidet 2 ?

Mon, 06/11/2012 - 15:19 | 2515693 fxguy
fxguy's picture

I can't wait for iTV !  There's nothing I'd like more than to puchase a TV that costs too much with money I don't have and with the understanding that if I don't buy another one every other year I won't be iCool :-)

Mon, 06/11/2012 - 15:41 | 2515769 Jim B
Jim B's picture

I like my android phone.  Would I like an Iphone?  Sure, but I am not willing to trade $400 for it! 

 

Can you say over priced products!

Mon, 06/11/2012 - 19:48 | 2516382 lotsoffun
lotsoffun's picture

you will have the money.  obama needs to be elected.  checks will be in the mail.  negotiating with apple right now on the price.

 

Mon, 06/11/2012 - 15:50 | 2515802 CcalSD
CcalSD's picture

iFail?

Mon, 06/11/2012 - 22:38 | 2516795 dblhedge
dblhedge's picture

their marketing is genius, their products are geared to people who like to be iTrendy. I gave my iphone to my wife, have a droid razr maxx great battery life, 4g, fast, many apps. 4 inch screen, dont miss the iphone

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