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.