I would like to say hi to all. I have been watching the board for about a year.
I am a large shareholder and have all the apple gagets. Thanks for all the info you have provided. I am sure without out the great insights on this board I would have sold my shares long ago.

$2.80! Tommo you are a wild man, but probably and hopefully not wrong about how conservative everyone is being.

[quote author=“jnook1”]$2.80! Tommo you are a wild man, but probably and hopefully not wrong about how conservative everyone is being.

Well that number would depend on the most amazing quarter imaginable (30M iPods, higher percentage of iPod touch sales than currently being achieved, 2.4M+ Macs, 36% GM) but nevertheless its possible, even if not probable

[quote author=“balesfam”]I would like to say hi to all. I have been watching the board for about a year.
I am a large shareholder and have all the apple gagets. Thanks for all the info you have provided. I am sure without out the great insights on this board I would have sold my shares long ago.

Welcome to AFB Balesfam!

I sold my short term rimm trade the other day at 122.  Thank God.  Seems like rimm has a lot of short interest because the stock can ramp up so dam quick at times which I imagine is short coverings.  Seems like this stock is perfect for short positions as it has definately been over valued for a long time.  Sorry to talk OT here…

[quote author=“Tommo_UK”]Intraday uptrend from the recovery (NOT including the opening low) meets P @ 180.23 in the next hour, so there should be a big move coming one way or the other sometime before that.

Oh well, after a headfake pop it broke under the uptrend so now we’ll waft around with the broader market.
The more important uptrend is the 2-week one.. we’re just around that now (fell hard under it earlier at the open, since recovered).

[quote author=“runedge”]I sold my short term rimm trade the other day at 122.  Thank God.  Seems like rimm has a lot of short interest because the stock can ramp up so dam quick at times which I imagine is short coverings.  Seems like this stock is perfect for short positions as it has definately been over valued for a long time.  Sorry to talk OT here…

Actually the opposite is true. The reason RIMM ran up so far, so fast, was that short interest in the stock (unlike AAPL) was absolutely enormous, so on every fart of good news the stock would surge incredibly as more shorts couldn’t take the pain and covered (hence the 25% insane rally post-earnings). The short base in RIMM is now largely exhausted, which means its more vulnerable to sell-offs from longs wanting to protect profits, and new shorts trying to make some money.

RIMM’s in new territory now and it will take some time to adjust to the new dynamics driving its price. It won’t be the easy ride up it used to be, and a lot of dumb money is getting slaughtered as a result.

[quote author=“Tommo_UK”]From Barron’s:

UBS Securities analyst Ben Reitzes writes in a note today that “Apple is attracting ’switchers’” and that “With Leopard shipping, we believe estimates for Apple could still prove conservative.”

FOR CRYING OUT LOUD WHY WON’T THIS BLOODY STOCK RALLY ON ALL THIS DAMN PUMPING????  :x :x

Nobody cares about facts on an individual stock. It’s all about funds and indexes. Everything is traded as a group. 

2pm weasels come out to play. When are they going to get skinned alive and roasted? This game is so tiresome it just grinds you down into a resigned state of acceptance that everything simply must stink because so many people say it does

Red now. Taken out key support.

I’m so fed up I feel like hurling my 5 screens out of the window.

[quote author=“HotAirBaffoon”][quote author=“muckraker”]
“Cupertino, California-based Apple has sold over 1.4 million iPhones so far and hopes to sell 10 million in 2008, helped by its launch in Europe, then in Asia next year. In Germany, 10,000 sold on Nov. 9 alone.”

Once again, a twist on what SJ said. 10M by the end of 2008, not in 2008. No matter, they will blow past that number before the end of 2008.

HAB

IMHO, this statement is repeatedly misquoted and misunderstood, and more than likely was intentionally crafted in such an ambiguous way by Jobs so as to cause this exact effect.

The actual target that Jobs cited in the keynote was for the iPhone to achieve “1% market share in 2008,” which he then went on to define as 10 million units. The only problem being, this 10M figure was derived from total units worldwide in 2006. Obviously, at the end of 2008, there will be substantially more units. But shrewd Steve isn’t going to mention that because he is giving himself an out on the low side, stating two figures that are incongruent with each other so that he is “right” if he is anywhere near either one.

Also note that the predicate of the statement (1% market share) implies that the correct understanding of the resulting sales calculation would certainly be BY the end of ‘08, not IN ‘08.

But HAB is right, any units goals one could derive from any interpretation of Jobs’ statement were no doubt selected with an eye towards UPOD. So even if 1% worldwide penetration at the end of ‘08 would mean Apple selling 15M units, I am sure that Jobs et al expect to handily beat that number.

MacGuffin