Linked by Thom Holwerda on Wed 23rd Jan 2013 22:09 UTC
"Apple Inc reported quarterly revenue that slightly missed Wall Street expectations as sales of its flagship iPhone came in below target, sending its shares down more than 4 percent. The world's largest technology company shipped 47.8 million iPhones, lower than the roughly 50 million that Wall Street analysts had predicted. Sales of the iPad came in at 22.9 million in the fiscal first quarter, about in line with forecasts." I'll leave the financials to the experts, but one thing that stood out to me: Apple sold 4.2 million Macs, almost a million below expectations. How much of a future does desktop computing have at Apple? Update: The NYT/Reuters changed the title during the night. Fixed it.
Thread beginning with comment 550201
To view parent comment, click here.
To read all comments associated with this story, please click here.
To view parent comment, click here.
To read all comments associated with this story, please click here.
RE[2]: Ridiculous expectations
by galvanash on Wed 23rd Jan 2013 23:53
in reply to "RE: Ridiculous expectations"
Member since:2006-01-25
I you invested $100 in Apple in July 2002 your stocks were worth $700,000 dollars in July of 2012...
A few months later their stock price went all the way to $700 a share (from aobut $500). Now it is back down to $514 (its actually trading slightly up so far today surprisingly).
In other words ANY money you put into Apple during the 10 year period between 2002 and 2012 would yeilded a significant net gain, even though it lost a full 20% of its value since around Sept...
Even if you just invested in the S&P 500, you would still see about a 20% gain over that same time period...
The point is no, you can't get that kind of reliable return on investment in a Casino. And the risk calculation is completely different - all you have in a Casino is random chance, and it is carefully balanced to give the house an advantage. Always.
In the stock market, it is the other way around. Odds are you make money over the long haul. It is the short haul that presents a danger... And you actually get to use your brain and pick where you want to put your money.
Im not promoting Apple stock or anything. Just saying yeah, some people lose money in the stock market - but most people actually don't. if you avoid doing stupid things like day trading and what not and don't try and be too aggressive it historically has ALWAYS been a much better place to put money than under your mattress...
It is definitely a better place to put money than on a roulette wheel.
RE[3]: Ridiculous expectations
by galvanash on Thu 24th Jan 2013 00:15
in reply to "RE[2]: Ridiculous expectations"
Member since:2006-01-25
RE[3]: Ridiculous expectations
by Phloptical on Sat 26th Jan 2013 17:26
in reply to "RE[2]: Ridiculous expectations"
Member since:2006-10-10
I you invested $100 in Apple in July 2002 your stocks were worth $700,000 dollars in July of 2012...
A few months later their stock price went all the way to $700 a share (from aobut $500). Now it is back down to $514 (its actually trading slightly up so far today surprisingly).
In other words ANY money you put into Apple during the 10 year period between 2002 and 2012 would yeilded a significant net gain, even though it lost a full 20% of its value since around Sept...
Even if you just invested in the S&P 500, you would still see about a 20% gain over that same time period...
The point is no, you can't get that kind of reliable return on investment in a Casino. And the risk calculation is completely different - all you have in a Casino is random chance, and it is carefully balanced to give the house an advantage. Always.
In the stock market, it is the other way around. Odds are you make money over the long haul. It is the short haul that presents a danger... And you actually get to use your brain and pick where you want to put your money.
Im not promoting Apple stock or anything. Just saying yeah, some people lose money in the stock market - but most people actually don't. if you avoid doing stupid things like day trading and what not and don't try and be too aggressive it historically has ALWAYS been a much better place to put money than under your mattress...
It is definitely a better place to put money than on a roulette wheel.
A few months later their stock price went all the way to $700 a share (from aobut $500). Now it is back down to $514 (its actually trading slightly up so far today surprisingly).
In other words ANY money you put into Apple during the 10 year period between 2002 and 2012 would yeilded a significant net gain, even though it lost a full 20% of its value since around Sept...
Even if you just invested in the S&P 500, you would still see about a 20% gain over that same time period...
The point is no, you can't get that kind of reliable return on investment in a Casino. And the risk calculation is completely different - all you have in a Casino is random chance, and it is carefully balanced to give the house an advantage. Always.
In the stock market, it is the other way around. Odds are you make money over the long haul. It is the short haul that presents a danger... And you actually get to use your brain and pick where you want to put your money.
Im not promoting Apple stock or anything. Just saying yeah, some people lose money in the stock market - but most people actually don't. if you avoid doing stupid things like day trading and what not and don't try and be too aggressive it historically has ALWAYS been a much better place to put money than under your mattress...
It is definitely a better place to put money than on a roulette wheel.
And where was Apple's stock before it released the ipod? How many "hot tips" from 1997 to 2001 are still making those gains today?
But, I digress, let's use your Roulette anecdote. Betting the wheel is essentially the same thing as betting in wall street, albeit the rate of return over time is much shorter. In roulette, you need a bankroll of probably a couple thousand, and a sound betting strategy, to guide you over the gains and losses over the course of a night. In stocks, guess what......it's the same thing. You need a similar amount of cash to make it worth your while. A long term investment strategy made up with conservative stocks to balance your betting on the "next big thing" (which 99% of the time, is just a pump and dump scheme by brokers) And you ride that out over time, changing your bets on this stock or that fund and pray you get the ever elusive 8% return (that the investment firms love to dangle in front of you) or at the very least match the performance of the S&P.
So, trust me.....don't believe the hype. Wall Street is nothing more than legalized gambling.
RE[2]: Ridiculous expectations
by JAlexoid on Thu 24th Jan 2013 01:51
in reply to "RE: Ridiculous expectations"
Member since:2009-05-19
Features
Linked by David Adams on 05/16/13 4:23 UTC
OSNews is a sponsor of this year's O'Reilly OSCON in Portland, Oregon, USA. A lucky OSNews reader will win a free three-day pass, including two tutorials days. To win the pass, post a comment on this story saying something about Open Source Software or OSCON. We'll pick a winner at random next week. If you don't have an OSNews account, you may email us your entry. Part of the conference is the 9th annual Open Source Awards, and today the 16th is the deadline for nominations. If you'd like to nominate an outstanding open source contributor, do it here. Read on for more information about OSCON. Update: The 20% discount code for OSNews readers is "OSN."
Linked by Thom Holwerda on 05/11/13 21:41 UTC
"Windows is indeed slower than other operating systems in many scenarios, and the gap is worsening." That's one way to start an insider explanation of why Windows' performance isn't up to snuff. Written by someone who actually contributes code to the Windows NT kernel, the comment on Hacker News, later deleted but reposted with permission on Marc Bevand's blog, paints a very dreary picture of the state of Windows development. The root issue? Think of how Linux is developed, and you'll know the answer.
Linked by Thom Holwerda on 05/08/13 14:22 UTC
This is one of those news items that's fun to write, fun to read, fun to comment on, and where no one will be able to say anything unkind. It's all just one big ball of awesome fluffiness. TuneTracker, the BeOS radio automation software, has just released something very special: TuneTracker System 5, the first version designed entirely and specifically for Haiku. In fact, it actually includes Haiku in the software package. Better yet, TuneTracker also unveiled several system-in-a-box products - which have Haiku and TuneTracker pre-installed.
Linked by Thom Holwerda on 05/02/13 15:28 UTC
Exactly twenty years ago, a document was published that played a huge role in establishing the web as we know it today. Twenty years later, and this simple and straightforward document is proof of an irrefutable fact: while closed technologies can change markets, open technologies can change the world.
Linked by Thom Holwerda on 04/29/13 21:06 UTC
Oh multitasking. That staple of computing that got thrown out the window with many modern smartphones. We got some rudimentary thing in its place - but even as multitasking on phone and tablets improves, its user-visible side remains cumbersome. Windows 8 has a neat implementation, and now it's time Android follows in it footsteps.
Linked by Thom Holwerda on 04/24/13 22:24 UTC
They're here! Whether that excites you or not remains to be seen, but the Galaxy S4, which will most likely become the best selling Android smartphone of the year by a huge margin, has been reviewed by all the major sites, and there's lots of interesting conclusions in there - although I think most of you will get the gist.
Linked by Thom Holwerda on 04/18/13 11:21 UTC
Nokia has posted its quarterly results for the first quarter of 2013, and just like the quarters that came before, there's not a whole lot of good news in there. The rise in Lumia sales still can't even dream of making up for the sales drop in Symbian phones, and when broken down in versions, the sales figures for Windows Phone 8 Lumias in particular are very disappointing. In North America, Nokia is getting slaughtered.
Linked by Thom Holwerda on 04/16/13 9:29 UTC
The day has finally come: Google has started shipping Google Glass to the lucky few early adopters. Now that it's shipping, Google has also unveiled a lot more about the API and the specifications of the device itself. While the company had already given out substantial details at earlier occasions, there are still a few surprises here.
Linked by Thom Holwerda on 04/15/13 22:44 UTC
Almost exactly three years ago, I wrote about why OSNews was no longer OSNews: the alternative operating system scene had died, and OSNews, too, had to go with the times and move towards reporting on a new wave of operating systems - mobile, and all the repercussions that the explosion of smartphones and tablets have caused. Still, I was wondering something today: why aren't we seeing alternative operating systems on mobile?
Linked by Thom Holwerda on 04/14/13 18:22 UTC, submitted by MOS6510
You can say what you will about Windows Phone and Windows 8's Metro interface (I refuse to drop that name) - it's inefficient, unpopular, cumbersome, beautiful, ugly, organised, clean, limiting - but there's one thing we can all agree on: it's unique and distinctive. CNet has published a profile of Microsoft's Albert Shum, the man behind Metro, and he highlights what I think is at the very core of Microsoft's problems in mobile right now.More Features »
Sponsored Links
Member since:
2006-10-10
God forbid the "analysts" on Wall Street do not see 20% growth quarter after quarter. Stocks are such a scam. You'd be better off gambling your money in a casino and putting the rest in a bank.