[Peter]

I was listening to the Jim Kramer show on the radio today. He also has a financial show on CNBC.
He discussed Apple. He mentioned that when you go to an Apple store or reseller, you will find there are no new Apples to buy. He feels that not only have they really blown it with the back to school season which is now pretty much ended, but that he doubts they will have much to sell in the following season.
Whether it's due to Job's illness or IBM, he feels that just selling iPods is not going to help the bottom line. He feels management have really done a poor job. So he is telling his customers to dump the stock before it tanks. He says he is usually loyal to companies he buys, but it is inexcusable to have no product in the pipeline, and in the stores during important seasons.
I'm not much of a financial person, but I do know when I walk into an Apple store these day's, I find nothing I want to buy. Be it software or iPod accessories, I don't need any more than what I have now.
What does everyone else think? I hate to see the momentum gone at a point when people are really looking at Apple as an alternative to Windows. When I have money to spend, Apple should have new products that force me to pull out my wallet. I want Apple to succeed beyond expectations. Not to fizzle due to their own poor planning.

[d00d]

No new Apples? They just revved a bunch of lines. The iMac is going G5 next month. The iPod was just revved. Apple made a killing recently during Massachusetts' tax holiday. I think it's just another analyst crying wolf. yawn

[Praxis]

I'd wait just one more minute.
Dump it AFTER the iMac G5 comes out. I suspect a lot of people are waiting the iMac G5 before they buy.
I intend to buy Apple stock just before it comes out (maybe).

[JackMac]

Keep in mind that one of the NBC channels is M$NBC. Also, this is kind of old news, maybe he was surprised that more people didn't panic at the thought of no new iMac for back to school. Anyway any small investor should buy what they really like and use some objective standard to determine when to buy or sell like a 10% change in value or a target price for instance.

[Spedwards]

Just my 2 cents, but if you aren't comfortable with the current stock price, then you should sell. You should follow your gut. You'll find more often than not, that you were right. In any case, you shouldn't be worried about your investments. If you're not comfortable with a particular holding, you should sell it.

[cedsim]

Well its obvious there are alot of Mac fanboys on this forum... But the truth of the matter is what you are saying Peter is true. I am a windows user trying to convert and I am caught up in the middle of the big G5 delay fiasco. I find it both frustrating and confusing how Apple didn't know they were going to need to actually fill some orders after their annoucement at Macworld about the new DP 2.5 G5. Literally I ordered this machine about 2 months ago and purchased stock at the same time. I have received 3 delay emails, and no compensation. These reasons are why Apple will always have very little of the market share because it is so difficult to get there product. I would figure they would have shipped so many stock units to Apple Stores after the announcement but I was wrong and now we are just starting to see them trickle in... I am very disappointed in my conversion experience none to say the least and as of today when I recieved the last email stating I could order my machine with the Ati card and they would ship the Nvidia to me by Sept 17th, I called and cancelled. I sold my stock only moments afterwards and never looked back, maybe one day when Apple gets its crap together they will get my money. I sure was looking forward to the experience but the wait is excruciating and new technology is around the corner for the PCWorld. I have shared my experience with everyone of my friends around me who were inquisitive to know how my situation was going and almost everyone of them said thats Apple for ya! /forums/ubbthreads/images/graemlins/frown.gif And just think they have the audacity to announce a new iMac at the Paris Expo, WTH are they thinking!!! /forums/ubbthreads/images/graemlins/confused.gif They can't even ship their latest DP 2.5 G5 in a timely manner. I think Apple is in way over their heads... Oh well at least my funds aren't tied up in their stock or on my credit cards... Days spent checking order status web pages are over /forums/ubbthreads/images/graemlins/grin.gif

[d00d]

I'm a fanboy?
You have some delays with an order you made and that is suddenly indicative of the whole company? Did you maybe think that maybe, just maybe, sales exceeded their expectations and that IBM couldn't deliver the number of chips Apple ordered? Your friends, whom because they are so inquisitive probably aren't even Mac users themselves, suggest that a shipping delay is indicative of Apple and you bite on it like a hook.
As for introducing the iMac, you're assuming that they haven't been spending all summer preparing adequate levels of stock (which is why they didn't previously announce it). Nevermind the fact that it's using different components from the 2.5GHz G5.
I think I can sum this up real easy: You're bitter that you didn't get your Powermac as quickly as you wanted, so you're going to make the ridiculous claim that it's time to dump Apple's stock.

[Peter]

I'm sorry you have given up so soon. Regardless of the situation, once you would have received your computer, the Apple experience would have just begun, and it is a wonderful one at that.
My original post was to inspire some conversation. Your experience is interesting, but unless you needed your machine right away, I would have waited. Whatever technology that is around the corner on the Windows side will not compare to the joy of using OS X.
I am a "fanboy", and proud of it, happily using my Mac products. But I do think Apple could use some help in production and supply. There is nothing worse then losing orders because you are unable to ship them.

[cedsim]

Dood, I'm a fanboy of nothing because I don't get paid to defend products by computer manufacturers on internet boards. What do u want dood an Apple medal? Steve Jobs could care less who you are much less alone if you live or die, he doesn't know you exist. Now that said I really think Apple is imaginative and on a different level in the computing industry which sparked my interest in the first place. And if you would have read my post you would know the friends I mentioned were not current Apple users. They were interested in my experience, as I was the "guinea pig" so to speak. And no I am not bitter about the delay of my machine if I was I would have came on here trying to troll your forums just thought Peter's topic was interesting and something I could relate to based on my recent situation.. And as for Apple spending all summer preparing stock for adequate orders I hope you are correct and I hope they learned from the New DP 2.5G5 fiasco. But because of their history and most recently their late shippings and mulitple delays I highly doubt it... Now they are going to have to scramble to release two new products simultaneously, and they are having trouble with one already. I am sure they can blame it on IBM or NVidia or any third party involved in the process. But Apple's name is on the front of the machine they know what IBM and Nvidia can and cannot deliver. They made a promise just like the 3.0 and could not deliver, if IBM said they can make the chips and then don't come thru have IBM say that at a conference not Steve Jobs speaking for them. He doesn't own IBM so when he is addressing people on behalf of IBM he is taking the blame, they are all at fault because they all contribute to the make up of the machine. And of course it uses different components duh see what happens when you are blinded by fanboyism you just feel the need to say the obvious and you start sounding irrelevant yourself... Based on the initial post on this thread were reasons why I sold my stock and cancelled my order. Being the fanboy you are I hope you have a few shares yourself... Hmmm No wonder this forum is so desolate with mods like you around who would want to engage in a conversation here... Geez

[cedsim]

Speedward your 2 cents are invaluable in my eyes, the market is a instinct game. Either have the instincts or a really good adviisor...

[d00d]

[indent]In reply to:

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I don't get paid to defend products by computer manufacturers on internet boards.

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[/indent]Neither do I. I'm a volunteer moderator.
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What do u want dood an Apple medal? Steve Jobs could care less who you are much less alone if you live or die, he doesn't know you exist.

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[/indent] Ummm, I don't want a medal. I don't care what Steve Jobs does or does not know about me, or what he thinks of me.
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And if you would have read my post you would know the friends I mentioned were not current Apple users.

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[/indent] You never explicitly said this. I assumed it from the context however.
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And no I am not bitter about the delay of my machine if I was I would have came on here trying to troll your forums just thought Peter's topic was interesting and something I could relate to based on my recent situation.

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[/indent] I'm not seeing how you're not bitter. You made the rash suggestion to dump Apple stock because you were the victim of shipping delays.
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But because of their history and most recently their late shippings and mulitple delays I highly doubt it.

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[/indent] History of late shippings? Can you substantiate that generalization beyond the 2.5 GHz G5 delays? Since you seem to be a fan of anecdotal evidence, here's mine: I decided to buy a Powerbook back in 2000. I had no problems and no shipping delays. Two years later, I decided to buy a Powermac G4, right after a new revision was announced. I called the local Apple store on the Wednesday of that week and they had sold out of the model I wanted. They replenished their stock by the weekend. My brother wanted a flat panel iMac at the beginning of that summer, shortly following its announcement. He got it with no delay. Last year, I wanted to buy a friend an eMac. I called the local Apple Store. They had it in stock and I bought it that day. Finally, a few weeks back, I bought 12" Powerbook. It was in stock.
In recent history, I can remember two products which had shipping delays: the iPod Mini and the dual 2.5GHz G5. The iPod Mini shortage was due to hitachi's inability to produce the volume of drives Apple needed (due to high sales volume). The dual 2.5 has had shipping delays due to high order volume and IBM's recent manufacturing issues.
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But Apple's name is on the front of the machine they know what IBM and Nvidia can and cannot deliver.

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[/indent] They know what IBM and Nvidia tell them they can deliver. Apple made shipping estimates based upon information given to them by their respective suppliers. If their suppliers don't meet the estimates they gave Apple, the blame still lies squarely upon their suppliers. Unfortunately, most people would rather blame the company they are directly dealing with instead of getting at the root.
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They made a promise just like the 3.0 and could not deliver

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[/indent] This is a legitimate point and I was disappointed that Apple made promises upon I believe a preliminary roadmap made by IBM.
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if IBM said they can make the chips and then don't come thru have IBM say that at a conference not Steve Jobs speaking for them.

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[/indent] I'm sorry. I couldn't decipher this.
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He doesn't own IBM so when he is addressing people on behalf of IBM he is taking the blame, they are all at fault because they all contribute to the make up of the machine.

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[/indent] Except that if the root cause of the problem is at IBM, it's hardly indicative of Apple as a company.
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And of course it uses different components duh see what happens when you are blinded by fanboyism you just feel the need to say the obvious and you start sounding irrelevant yourself

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[/indent] Again with the fanboyism. Is the only way for you to critique my remarks to marginalize me as some kind of fanatic? If it's so obvious, then why are you still saying that it's a good idea to sell Apple stock?
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Based on the initial post on this thread were reasons why I sold my stock and cancelled my order.

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[/indent] A temporary stock situation which is compounded by the high number of sales is a reason to dump stock? That's news to me.
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Being the fanboy you are I hope you have a few shares yourself

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[/indent] I don't buy stock based upon being a fan of a company. I buy stock based upon the long term financial viability of that company.
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No wonder this forum is so desolate with mods like you around who would want to engage in a conversation here

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[/indent] I'm writing as a member and person not as a moderator. I'm not moderating this discussion; I'm contributing.

Here's the gist of why I think Apple stock is a good buy, especially now.
1) Apple stock is low because of the current lack of iMac's in the lineup. Day traders naturally equate this with decreased value because of the extremely short term implications. They are not concerned with the long term investment.
2) The iPod and iTMS are the most popular MP3 player and online music service respectively. This is a burgeoning business that has extremely large long term profit potential for Apple.
3) Apple stock will most certainly see a jump when the new iMac is announced in less than a month. A G5 Powerbook is still on the horizon. Apple's sales lines have lots of growth potential right now and the G5's speed growth, although not as fast as originally predicted, was 25% last time. If that keeps up, we can expect to see great things.
4) Apple's shipping delays are generally due to high levels of sales. Case in point, the iPod Mini. When announced, it was generally panned by tech and financial critics as being too expensive to be a successful product. In fact, it's sales have been so strong that Hitachi couldn't keep up. The drives Apple orders through them aren't exclusively for use in the iPod Mini either. They're also used in digital cameras. What this means is that Apple not only beat sales expectations for the iPod mini, but they also have managed to saturate a supply line that was supposed to also be used to sell the drives for use in digital cameras. That's powerful profit generation.
You may disagree with me about Apple stock. I'm looking at the long term potential it has and I think it looks terrific. You're looking at a temporary condition that's likely to be resolved soon. I encourage you to sell though; it only drives the price of the stock down further so I can buy it cheaper and make better profits down the road.

[Peter]

I think Jim Kramer has given his listeners poor advice in telling them to dumb Apple stock. I will look forward to hearing what he has to say this week, after he sold too early.
http://biz.yahoo.com/rc/040826/tech[u]applestocks_2.html

[Philbert]

Too solidify Peter's point, check today's blurb from CBS MarketWatch.

In other news ....
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Either have the instincts or a really good adviisor...

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[/indent]
Guess some people have neither, eh?