Originally Posted by Rain Man:
I'm of the opinion that it's a good core stock. It's generally not going to tank and it goes on occasional runs. It's one of my highest performing stocks over the past several years, but I don't notice it much because it never makes a big splash. It just keeps going up.
I am concerned the chip shortage is going to hurt sales. This Christmas could be shaping up pretty poor for retailers (and possibly Apple) with this inflation spiraling out of control. [Reply]
Originally Posted by Halfcan:
I am concerned the chip shortage is going to hurt sales. This Christmas could be shaping up pretty poor for retailers (and possibly Apple) with this inflation spiraling out of control.
Originally Posted by Hog's Gone Fishin:
Temporary problem.
Yeah. The phones are going to break and people will need new ones. I don't foresee Apple having more problems than other phone providers, so I doubt they'll lose market share. Worst case, I'd think they would take a revenue hit this year and then make it up next year. [Reply]
Originally Posted by Halfcan:
I am concerned the chip shortage is going to hurt sales. This Christmas could be shaping up pretty poor for retailers (and possibly Apple) with this inflation spiraling out of control.
They may miss some revenue predictions but I doubt it's a long term problem with them. One thing I think you can say for sure is their core customers have tremendous demand elasticity with respect to price changes. So they will probably fare BETTER than most everybody else in the market.
That being said, in the short/intermediate term they could have exposure to wider market moves. Because they all do. And it's REALLY hard for me, given my experience to cast stones at a dude realizing gains.
/just one dumbasses opinion.
Originally Posted by Rain Man:
Yeah. The phones are going to break and people will need new ones. I don't foresee Apple having more problems than other phone providers, so I doubt they'll lose market share. Worst case, I'd think they would take a revenue hit this year and then make it up next year.
This is a real thing. Last month my phone broke. Went to Verizon. All they had was a red iPhone 13 mini and a pink iPhone 13 mini. So fat boy, against his will, has a red iPhone 13 mini. I feel like a gorilla jerking off a mouse. [Reply]
You can literally look at skyworks sales and interpolate apple iphones. Skyworks grew revenue like 50% yoy and apple iphones are 60% of their revenue, so iphone sales should be fine. [Reply]
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Okay, here's something really interesting. It may seem silly, but hear me out.
I-series savings bonds don't lose money, and they're linked to inflation. You can buy up to $10,000 per year. They earn a combination of a fixed rate return and an inflation-based return. They're intended to be held for five years, but if you sell them before that, there's only a three-month interest penalty.
The new interest rate is calculated quarterly, so if inflation goes down then the return will be adjusted. But say for example you buy $10,000 worth, and the rate drops from 7.12 to 2.5 percent over the next 12 months. By my calculations you're still earning 4.2 percent on that money if you drop it at one year and forfeit the last 3 months. What's the argument against this?
I'm strongly considering having my wife and me each purchase $10,000 worth right now. We're edging toward retirement so I'd be delighted to get a return in that range with no risk.
There are a number of stories about it popping up, so I think it's a legit strategy to get a reasonable guaranteed return. [Reply]
