“In ‘The Shepherd’s Boy,’ Aesop provided us with a wonderful fable about a boy who repeatedly cried wolf because he wanted to draw attention to himself. The moral of the story was that an alarmist might be believed once, perhaps twice, but then they would never be trusted again,” John Kirk writes for Tech.pinions. “Wow, was Aesop ever wrong. If you’re an Apple analyst, you can cry wolf time and time again and each and every time, Wall Street investors will react like a flock of frightened sheep.”
“It was the best of times, it was the worst of times. Apple just had its best year ever so, by employing some sort of perverse logic, many Apple analysts have concluded it is only logical to assume Apple must now have its worst year ever,” Kirk writes. “Wait, what?”
“But hold on to your hat, there’s more logic where that came from! Not only is Apple going to have a bad quarter — which inevitably means they’re going to have a bad year — but…wait for it… it also means Apple is — dun, dun, dun — doomed!” Kirk writes. “No, seriously, an Apple analyst is literally predicting Apple is doomed.”
Read more in the full article here.
MacDailyNews Take: This all makes perfect sense, YKBAID. And, of course, you can’t foment without fomenting.
Wall Street is a game. Play it well via unwritten rules ignored by blind officials or simply observe the resultant melee from the safety of the sidelines. — MacDailyNews, January 13, 2016
SEE ALSO:
UBS: Apple’s quarterly results unlikely to help stock next week – January 20, 2016
Raymond James analyst sees Apple’s stock price stuck at $103 for a year – January 19, 2016
Most Apple traders are watching for prices over $100 – January 19, 2016
Growth funds dumping Apple stock on anticipated iPhone sales decline – January 16, 2016
Apple stock’s mini win streak threatened by market reversal – January 13, 2016
Apple could soon lose its place as world’s most valuable company to Google – January 13, 2016
Apple iPhone sales surged about 33 percent in China in Q4 2015 – January 13, 2016
Mizuho ups to Apple to buy; says selling Apple has become crowded trade – January 11, 2016
Technical trader: Apple is in a ‘disastrous’ situation; ‘on the verge of a major breakdown’ – January 11, 2016
One sign that Apple may have bottomed – January 8, 2016
Apple: Analysts’ price targets are tumbling – January 8, 2016
Udall: Apple’s cash flow undervaluation is ‘f’ing absurd’ – January 8, 2016
Morningstar: Apple sell-off looks overdone – January 8, 2016
Real world iPhone 6s adoption data contradicts Apple analysts’ so-called ‘supplier channel checks’ – January 7, 2016
Top-rated analyst: Apple’s iPhone business is healthy – January 7, 2016
Apple falls for third day as so-called ‘iPhone woes’ trim $40 billion in value – January 7, 2016
Apple stock price tumbles 3% in premarket, now trades well below $100 – January 7, 2016
Apple stock slumps near $100 amid ‘iPhone sales worries’ – January 6, 2016
Wall Street’s freak out over declining iPhone sales is overblown – January 6, 2016
Piper Jaffray: Apple’s iPhone production cut do not necessarily presage sales decline – January 6, 2016
Foxconn plans ‘rare’ holiday as iPhone output fears rattle investors – January 6, 2016
Apple to release Q116 earnings, webcast live conference call on January 26th – January 5, 2016
The whole market has gone to hell in a hand basket.
Valuable companies remain.
But this is easily the most manipulated market I’ve ever seen.
Really? It’s the analysts fault? MDN, please stop with this rubbish. Average analyst price targets for Apple is about $140. Please don’t blame anyone but investors who’ve had enough of hanging into this slow growth name.
The Apple Death Knell Counter continues to tick…
http://www.macobserver.com/tmo/death_knell
For nearly a whole year, I have not seen many positive articles from the news media and if that isn’t enough to dampen any potential investor’s enthusiasm over Apple, then I don’t know what is. Apple is being declared the only profitable tech company whose future is really bleak compared, to say, Amazon, Alphabet and Microsoft whose cloud services futures are extremely bright. Every Apple quarter is met with huge cries of disappointment and that’s downright scary when the quarters aren’t really that bad at all.
In my gut, I just feel when Apple does well this quarter, it’s going to be completely ignored as simply another quarter before the doom hits. Very frustrating apart from the very likely increased dividends this year.
Till Apple decides to run its own cloud service instead of buying it from Amazon/Google/Microsoft any increase in iCloud use will only pump up those Apple competitors.
Wake up SEC. Time to go nuclear on these stiock manipulators. And if the laws are not there then it is time for Congress to give the SEC some real teeth.
Yeah, drop a line to your senators and congressman today. I’m sure they’ll get right on it.
NOT
This is all a pile of steaming
M A N I P U L A T I O N 💩💩💩
because someones or other
want to scour some money
out of WallNut Street suckers. 🔪🔪🔪
Don’t be one. ⛅😎
Apple shareholders are nothing but wusses. Tim Cook doesn’t seem to instill any confidence into shareholders to hold on to Apple stock with a lousy P/E of 10.1. It’s almost embarrassing to call Apple a profitable tech stock with a P/E like that. Sure, Apple stock is cheap and every damn day it gets a lot cheaper. You’d almost think Apple stopped making money over a year ago the way the stock is performing. Honestly, it’s just disgraceful. Has everyone bought Apple stock on margin to be this cowardly? People are happily buying Twitter for cripes sakes. Does that even make any sense.
They are all insane and need to go to jail. Stop the Apple analyst mayhem and their Apple stock manipulation. SEC get to work.
Analist = steaming turd 💩
Uh, huh. You mean the same analysts that drove Apple stock from near $700 a share in 2014. You sound like someone who invested poorly, is impatient, or is clueless.
just bought another 50 shares…thanks for the tip guys!