You think that's not already priced into the stock? i assure you it is. I'm not a aapl hater, I think its over priced and those who keep saying its "under valued" seem to overlook the fact that its trading at 5x sales on mostly commodity items. They are fancy and they are in but everyone will be making them just like when the thin cell phones hit the market.
Goog vs AAPL - I'll bet you GOOG closes higher than AAPL
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SBR_JohnSBR Posting Legend
- 07-12-05
- 16471
#36Comment -
paranoyd androydSBR Hall of Famer
- 10-01-11
- 6459
#37iwin, what's your current aapl position? and do you read/post on macrumors?Comment -
dngfSBR Hall of Famer
- 12-25-08
- 5926
#38Per finviz with today's close: price to sales of AAPL is 4.26 compared to GOOG 5.07.
S&P 500 P/S is 1.41 and I would guess is that a lot of the difference between the two above and the index is the significantly higher profit margins.Comment -
SBR_JohnSBR Posting Legend
- 07-12-05
- 16471
#39Should of made this a 1 day bet. goog takes the lead;
Goog 677
Aapl 673Comment -
SBR_JohnSBR Posting Legend
- 07-12-05
- 16471
#401 day offer.
I will return half your bet stake and we will cancel the bet.Comment -
dngfSBR Hall of Famer
- 12-25-08
- 5926
#41with this confidence, is there new odds you are offering that AAPL is higher?Comment -
trytrytrySBR Posting Legend
- 03-13-06
- 23649
#42god damn replacement Refs...screwing me over.Comment -
belvedere86SBR Wise Guy
- 08-19-10
- 910
#43looks like an easy winner foor GOOG. the new iphone 5 looks like shit. nothing new that you would really want to buy it imo. or maybe they have another surprise on their presentation.Comment -
SBR_JohnSBR Posting Legend
- 07-12-05
- 16471
#44Goog $693
AAPL $663
If this was a NBA basketball game GOOG would have a 5 point lead midway through the 2nd qtr. Still about a coin flip but I like GOOG a little better both mid term and long term.Comment -
CanuckGSBR Posting Legend
- 12-23-10
- 21978
#45Apple shares closed at an all-time high Thursday, a day after the company unveiled the latest edition of its wildly popular iPhone.
Apple (AAPL, Fortune 500) shares closed at $682.98 on Thursday, up 2%, after hitting an intra-day high of $685.50. Elsewhere in the tech world,Amazon (AMZN, Fortune 500) shares also closed at an all-time high, and Google (GOOG, Fortune 500) shares again pushed past the $700 mark, closing up 2.2% at $706.04.Comment -
k13SBR Posting Legend
- 07-16-10
- 18104
#46John burying these Apple squares.Comment -
yismanSBR Aristocracy
- 09-01-08
- 75682
#47At least I should win my BTP bet with him.[quote=jjgold;5683305]I win again like usual
[/quote]
[quote=Whippit;7921056]miami won't lose a single eastern conference game through end of season[/quote]Comment -
NYSportsGuy210SBR Posting Legend
- 11-07-09
- 11347
#48I hope Apple Inc. pulls back to the low $650 high $640 range before I load up on them in another week or so.
I sold around $682 a few weeks backComment -
trytrytrySBR Posting Legend
- 03-13-06
- 23649
#49well I did not know SAMSUNG ANDROID was going to gang up and do those funny commercials anti APPLE..god those are hilarious..."4G network .....Yea we have had that for awhile now"Comment -
trytrytrySBR Posting Legend
- 03-13-06
- 23649
#50754 vs 678 live score....Google leading..Comment -
k13SBR Posting Legend
- 07-16-10
- 18104
#51Wow, just crushing.
Apple down $629.Comment -
trytrytrySBR Posting Legend
- 03-13-06
- 23649
#52748 640
google down over 1% today Apple up a bit.Comment -
SBR_JohnSBR Posting Legend
- 07-12-05
- 16471
#53That's like a 8 point halftime lead in the NBA. I'll offer a surrender option of 30% of the bet stake for anyone who wants out. Today only.Comment -
trytrytrySBR Posting Legend
- 03-13-06
- 23649
#54if I only knew they were making those funny anti Apple commercials.... I would have never jumped on this......Comment -
yismanSBR Aristocracy
- 09-01-08
- 75682
#55[quote=jjgold;5683305]I win again like usual
[/quote]
[quote=Whippit;7921056]miami won't lose a single eastern conference game through end of season[/quote]Comment -
pacoSBR Aristocracy
- 05-07-09
- 62873
#56Take my 30% and pay me lolComment -
dante1BARRELED IN @ SBR!
- 10-31-05
- 38647
#57I could give two craps about the points I am losing to John, but I do care about the money I am currently losing and that is a ton.Comment -
paranoyd androydSBR Hall of Famer
- 10-01-11
- 6459
#58apple getting crushed by very poor QC, weak in-house testing, and horrible software launches across numerous devices:
- maps fail
- iOS 6 fail
- image retention on macbook pro retinas
- iphone 5 scuffs out of box
- iphone 5 camera fail
- iphone 5 lack of innovation
- battery drain
- "all issues are common and/or customers' fault" stanceComment -
dante1BARRELED IN @ SBR!
- 10-31-05
- 38647
#59my daughter-in-law had issues and just got a replacement today, her contacts belonged to somebody else. lolComment -
paranoyd androydSBR Hall of Famer
- 10-01-11
- 6459
#60her fault lolComment -
trytrytrySBR Posting Legend
- 03-13-06
- 23649
#61EVERYONE...i will buy your APPLE vs GOOGLE bet you have with
john..I will pay you 40% of your stake..let me know here and via PM....12 hours from now offer closes....Comment -
yismanSBR Aristocracy
- 09-01-08
- 75682
#62I'm assuming John was offering 70% back but I'm waiting to hear from him.
Taking less than 50% would not make any sense.[quote=jjgold;5683305]I win again like usual
[/quote]
[quote=Whippit;7921056]miami won't lose a single eastern conference game through end of season[/quote]Comment -
trytrytrySBR Posting Legend
- 03-13-06
- 23649
#63he was only offering 30% backComment -
KingJD31SBR Hall of Famer
- 11-04-11
- 8167
#65Rough day for googleComment -
trytrytrySBR Posting Legend
- 03-13-06
- 23649
#66I'll offer a surrender option of 30% of the bet stake for SBR_JOHN who wants out. Today only.Comment -
yismanSBR Aristocracy
- 09-01-08
- 75682
#67I guess we have a second half comeback going on here.[quote=jjgold;5683305]I win again like usual
[/quote]
[quote=Whippit;7921056]miami won't lose a single eastern conference game through end of season[/quote]Comment -
stevenashModerator
- 01-17-11
- 65450
#68Google's Early 3Q Results Trigger Steep Selloff
Google's (GOOG) shares slumped 9% and remained under heavy selling pressure Thursday afternoon as trading resumed following a premature release of third-quarter results that badly missed analysts' projections.
Google blamed the early release on a mistake by R.R. Donnelley (RRD), its financial printer, which Google said filed the company's 8-K earnings statement "without authorization." R.R. Donnelley said it is investigating the premature release.
Hours after the accidental release, Google released a new 8-K that corrected and superseded the old one, but left the financial results the same.
In any case, the weaker-than-expected top- and bottom-line figures threatened to leave the stock with its steepest one-day decline since the 2008 financial crisis.
The Mountain View, Calif.-based company said it earned $2.18 billion, or $6.53 a share, last quarter, compared with a profit of $2.73 billion, or $8.33 a share, a year earlier.
Excluding one-time items, Google said it earned $9.03 a share, down from $9.72 a year earlier and well below the Street’s view of $10.65.
Revenue soared 45% to $14.10 billion. Excluding traffic acquisition costs, Google’s revenue was $11.3 billion, trailing consensus calls from analysts for $11.8 billion.
Google said its paid clicks jumped 33% year-over-year and 6% from the second quarter. However, the average cost per click declined 15% annually and 3% from the second quarter.
“We had a strong quarter," CEO Larry Page said in a statement, pointing to healthy revenue growth and the company's first $14 billion revenue quarter. “I am also really excited about the progress we’re making creating a beautifully simple, intuitive Google experience across all devices.”
Google's management team didn't have the chance to weigh in on the premature results listed in the Securities and Exchange Commission filing. In place of management commentary was a space that said: “PENDING LARRY QUOTE,” hinting at Google CEO Larry Page.
Trading resumed at about 3:20 p.m. ET after the company worked to "finalize" its earnings statement, which was officially released just after 3:00 p.m.
Shares of R.R. Donnelley, which Google said "erroneously released early" the results, declined almost 6% before recovering to nearly flat.
"We are fully engaged in an investigation to determine how this event took place and are pursuing our first obligation -- which is to serve our valued customer," a spokesperson from R.R. Donnelly said in a statement.
Google's shares were hit harder, tumbling 8.77% to $689.77 after trading resumed. If Google’s shares close down at their lows with a 10% decline it would be their largest one-day drop since September 2008. Google’s results also weighed on the broader markets, driving the Nasdaq Composite about 1% lower.
Trading volume in Google's shares topped 8 million -- more than double the average daily volume over the past month. The selloff wiped out about $22 billion in Google's market value.
“It was surprisingly bad. I don’t think any of us were expecting them to miss and certainly not miss this big,” Rob Enderle, president and principal analyst at the Enderle Group, told FOX Business. “This showcases the fact that their lack of focus is starting to catch up to them.”
Other analysts were less concerned with Google's miss.
“Google continues to rocket forward. Let’s not forget Apple was slammed back in July and they’re doing just fine,” Ken Marlin, an analyst at Marlin & Associates, told FOX Business. “I do think it’s a buying opportunity.”
The search giant disclosed performance information on its newly-acquired Motorola division. The unit suffered an operating loss of $527 million, $505 million of which was the mobile segment and $22 million for the home segment. On a non-GAAP basis, the division posted an operating loss of $151 million.
Google also said its full-time global workforce shrank to 53,546 at the end of the quarter, including 17,428 at Motorola. That compares with 54,604 full-time employees as of the end of the second quarter.
Comment -
SBR_JohnSBR Posting Legend
- 07-12-05
- 16471
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milwaukee mikeBARRELED IN @ SBR!
- 08-22-07
- 26914
#70110 point lead down to 60 points in one day WOWComment
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