Tidgy

So apples share price has rebounded about 20% back up towards 500.

From what i can tell its nothing to do with new products etc, its to do with some large buyer deciding the share price is undervalued and buying a load of em.

Talk about creating a false blip share price

JackClark

He's right. It's less than a month before the most successful product launch Apple has seen yet.

dpb

Rampers eh, good time to buy - lots of suckers out there.

And get shot shortly before deadline

JackClark

The good time to buy was when I said you should of bought a month ago. You know, the time when Andyroid, you and the other disciples were laughing about the drop in price.

neil-h

I like your optimism

jonc

Yep, rise based on a tweet from a major venture capitalist and private equity firm. They've done well out of it that's for sure!

JackClark

Of course it was the tweet that did it not the 1.5 billion he invested.

Tidgy

your faith in apple is that of a zealot lol

JackClark

OK Tidgy, in a month you'll brush that comment under the carpet when - as ever - I'm right.

Tidgy

they may well go up when its released, its how it performs after thats key, a year ago they were at over 800, so there 35% down still anyway.

Rob_Impreza99

iTrader: (3)

http://www.computerworld.com/s/artic...e?pageNumber=1

"This is absolute trouble," said Patrick Moorhead of Moor Insights & Strategy. "There's not one single positive thing [Apple] can take away from his interest, no matter how much you search."

JackClark

Buy, buy, buy.

Tidgy

hindsight is a wonderus thing, personaly i think its a risky bet for long term growth

neil-h

Will it really be that sucessful though? Maybe financially yes but the question is will the IPhone 6 (or what ever they call it) be the smart phone Apple need it to be? Personally i'm not sure.

jonc

I think this is what Icahn wants, to prop up his position. I wouldn't get to comfortable, Icahn has a well earned reputation as a corporate raider and asset stripper. I don't think he has any interest in Apple other than to make a "quick buck". Time will tell.

JackClark

They don't need it to be anything but better than the last one, iPhone and iOS. There are millions of people like me who are waiting for the launch of a new device to upgrade to and even more waiting to press the update button and have their old devices learn new tricks. Both the phone and operating system will be hugely successful, I guarantee that.

JackClark

He's going to have trouble asset stripping Apple, his share holding is only a small percentage and if he's there for a quick buck, which he's very good at doing, shouldn't you be making one with him?

jonc

Agree, not to asset strip but to prop up his position. Wouldn't surprise me if bought in a while ago at a higher price and needed to do something to get the stock moving upwards again, buy on rumour, sell on facts.

neil-h

That's just sad For me personally the next iPhone has to be a significant step forward otherwise I'll be moving to the dark side.

RA Dunk

Was in our local Apple shop the other day, place was out of the door with customers..

JackClark

Have fun in the cess pit.

neil-h

Well what's the point in upgrading to the latest Apple phone if it's not really an upgrade (I.e the iPhone 5)?

JackClark

It all depends on your idea of significant. You must think there's a phone out there that's significantly better than Apple's offerings. What is it?

Ant

The jump from s3 to s4 wasn't massive

neil-h

Having not used any of the competition I couldn't say definitively but the Galaxy S4 seems to be in with a shout, the HTC one also makes for an interesting prospect.


And the jump from the 4S to the 5 was tiny.

dpb

The point is , the whole point , you're propping up the brand

CREWJ

Will be interesting to see where they go from here.

JackClark

I'm not expecting anything other than, faster, smaller, bigger, longer. A barometer would be awesome.

neil-h

This^^^ Thing is with out Jobs at the helm it could be a spectacular disappointment.

jonc

As already seen in the S4. Question is will the next iPhone be good enough for you to give up your awesome 4S? I reckon you'll get an extra column of icon space to go with last year's extra row.