Originally Posted by adultmobile (Post 19441751)

Sold 47.8 million iPhones in the December quarter, 29% higher than a year ago. iPad units (includes new iPad Mini) were solid at 22.9 million, a jump of 48% over last year.
Total Greater China revenue including retail was $7.3 billion, up 62% from a year ago.
So all ok, excep Mac units 4.06 million, dropping 22% year over year, but who cares, report is records for total revenue, iPhone units, and iPad units...

It is just investors panicking, because "Steve Jobs is dead" and "Android is by google anbd samsung who are so cool now".

Also seriously, 500 billion dollar value for Apple make no sense is 3 times more it makese sense, so -10% is just great, should be -60% to correct into a real market value.

Originally Posted by chupachups (Post 19440687)

Geez...
http://finance.yahoo.com/q?s=AAPL

Go Android! :thumbsup :pimp

Originally Posted by CyberSEO (Post 19444035)

11%? are you SURE? Maybe just 11 points and about 2.5%?

Originally Posted by SomeCreep (Post 19443246)

The market is pretty crazy right now. Its behaving very non intuitively, but thats how things go. Bottom line is from these 400 - 450 levels $AAPL is a double in 3 to 4 yrs. And that aint bad at all.

Originally Posted by xxxjay (Post 19444071)

What people don't realize is Apple hasn't even moved into countries with roaring economies like Brazil. They have a few stores in China (that crank sales) and Europe, but that's about it.

Originally Posted by woj (Post 19444197)

Great, except Brazil is a pretty poor country, trying to sell $500 phone there, when $200 equally good [or even better] alternative exists isn't going to work very well... sure there is some potential, but it's going to be a hard sell... :2 cents:

Originally Posted by woj (Post 19444197)

Great, except Brazil is a pretty poor country, trying to sell $500 phone there, when $200 equally good [or even better] alternative exists isn't going to work very well... sure there is some potential, but it's going to be a hard sell... :2 cents:

Originally Posted by Legendary Samir (Post 19443070)

I recall your last "strong buy" did so well :1orglaugh

Originally Posted by xxxjay (Post 19444071)

What people don't realize is Apple hasn't even moved into countries with roaring economies like Brazil. They have a few stores in China (that crank sales) and Europe, but that's about it.

Sure, the iPhone 5 was a flop. I didn't get one. I didn't get an iPad 2 or 3 either. Apple has such a huge dominance in tablets and really is only a minor player in the cell phone market.

I wish I'd cashed out at 750$ (remember the capital gains), but selling at a 52 week low just retarded.

This is an over correction. Apple is worth about $550.

Apple also has GOBS of cash...what if they went and bought Twitter or made some other great acquisition? :winkwink:

Originally Posted by BareBacked (Post 19444832)

How much do you own and what do you mean (remember the capital gains), ?