Douglas A. McIntyre’s dopey ideas for getting Apple stock back to $200

Writing for 24/7 Wall St., Douglas A. McIntyre has ideas of how to get Apple shares back to $200:

The first thing that Apple could do to get investors back on board is to tell them that the economy at large is not crippling their business. This is the first and foremost reason for the shares falling as far as they have. Most analysts think Apple will beat street estimates on Mac sales. American Technology Research sees 2.1 million Macs sold in this quarter, slightly above the consensus of about 2 million, according to Barron’s.

MacDailyNews Take: Didn’t Apple already say that by giving quarterly guidance that’s nearly 30% more YOY? What more do you need, weekly reassurance? Daily? Hourly?

Apple does not release monthly sales figures for its major products, the iPhone, iPod, and Mac. The company should. Investors are forced to rely on experts to interpret data from resellers and suppliers to try to get at numbers which Apple could readily release. If several research firms are right and Mac sales are well ahead of expectations a release of January Mac sales would go a long way to calm shareholder fears.

MacDailyNews Take: Giving competitors important data for free is a dopey idea, but, from what we’ve seen, Mr. McIntyre has always been a dope when it comes to understanding Apple, at they very least.

The next thing the company needs to do is set the date for a release of the 3G version of the iPhone.

MacDailyNews Take: Yes, by all means, kill all iPhone sales by following this dope’s idea. Announce the date as far out into the future as possible, too. That’ll help get AAPL back up to $200 even quicker!

After asking yet again for Apple to announce sales figures and issue self-congratulatory press releases in mid-quarter, dummy writes:

The company could make one more gesture, It could kill its only really failed product line, Apple TV. That would show the market that the company is willing to admit its mistakes.

Full article, Think Before You Click™, here.

[Thanks to MacDailyNews Reader “Gavin” for the heads up.]

Apple TV is a failed product line? How so? You can bet your Mac that one’s been iCal’ed for future use. McIntyre’s idiocy approaches enderlean levels. This is “iMacs in earthquakes” stuff, folks. We’ve been reading McIntyre’s junk on Apple all along and not bothering to write them up since they’re usually at least as silly and off-base as this one. But, enough is enough. In our opinion, Douglas A. McIntyre knows very little about Apple and isn’t worth reading, unless you enjoy nonsense penned by the ignorant as they struggle mightily and fail miserably to comprehend very, very simple concepts.

26 Comments

  1. All Apple needs to do to keep the stock hot is do what they do best and that is release innovative products and OS’s that people want. Remember Wall Streets motto is “instant gratification takes too long” and they are not interested in where Apple is going in the next two years as much as the next two months. I’ll take Apple over MS anytime and laugh when the stock gets back to $200+

  2. “The company could make one more gesture, It could kill its only really failed product line, Apple TV. That would show the market that the company is willing to admit its mistake.”

    …and kill HD movie rentals. Thanks.

  3. Go ahead, MDN, keep trashing anything other than praise for His Majesty.

    If Apple keeps doing what it is doing that has caused the company’s stock price to collapse, why would we think the price will soar again if they keep doing what they’ve been doing?

    Staying the course is not working. It never does when the fate of the company depends on products with very short shelf life.

  4. McIntyre was always the kid in the car asking “Are we there yet? Are we there yet? How about now? How about now?”.

    The difference today is he’s in the back of a cubicle, not the back of a car!

  5. @Keep it Up:

    I agree with you that it is unnecessary for MDN to bash every Mac critic. I appreciate that MDN is mac-centric, but I don’t think they need to be such homers.

    On the other hand, I disagree with you concerning your comments that Apple is responsible for the fall in their stock. If you honestly think that short term stock fluctuations have any basis in logic, then you have not followed the stock market for very long. Any objective observer knows that Apple is doing very well and asking Apple to shift their strategy in order to pander to short term irrational market whims is a recipe for disaster. The best way for Apple to revive their stock is to continue to pursue the successful strategy that has made them one of the greatest corporate success stories over the past 10 years.

  6. “Investors are forced to rely on experts to interpret data from resellers and suppliers to try to get at numbers which Apple could readily release. If several research firms are right and Mac sales are well ahead of expectations a release of January Mac sales would go a long way to calm shareholder fears.”

    I think he’s talking about the short-term shareholders here, which kinda destroys his argument. Stable stockholders are what we want, and not having daily figures is a good way to help put off the other kind, who are worthless and contribute nothing to the company.

  7. Last night, we rented our third movie from iTunes. I switched the AppleTV setting to 1080p and the color space to RGB from Auto (it’s a Sony Bravia) and the movie quality was unbelievable. We haven’t rented any movies in HD yet. Any recommendations?

  8. I wrote an email to McIntyre last night, rebutting each and every one of his nonsensical points. He won’t respond, because I know he’s a hit-whore. He doesn’t know a thing about Apple, otherwise he’d know Apple has an unlimited data plan for the iPhone. He didn’t listen to the conference call, otherwise he wouldn’t have said all the dumb things about the recession’s effect or Apple’s gross margins, which were all addressed by Oppenheimer.

    I’ve been reading this guy’s nonsense for a while, and he’s all about hits and trying to get his website enough advertising dollars so he can sell it to someone. He doesn’t know even as much as CNBC’s Jim Goldman, which isn’t saying much.

    Almost everything he says about Apple is either factually wrong, or just jumping on the bandwagon.

  9. I would love to see AppleTV gain the two things listed below, but I think that is a pipe-dream that will never happen. I could see a premium version of AppleTV with these two things added in a form factor that would fit in my stereo cabinet and believe it is only slightly less of a pipe-dream.

    DVR functionality…

    BlueRay drive

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