RichC | May 4, 2023
While waiting for the big TWO TRILLION dollar company that is Apple ($AAPL) to report earning after hours on Thursday (story), I’m contemplating the likely outcome of accelerated interest rate hikes by the Federal Reserve. Obviously concluding that “inflation in transitory,” as the Fed Chair commented after the pandemic, was the incorrect assumption … and […]
RichC | October 28, 2022
For those using Apple products and subscription services, the monthly cost is going up. The company announced new version of their iPad lineup this week followed by the news that they are hiking fees for Apple Music and Apple TV+ subscription services this week for the very first time. In the U.S., the cost of […]
RichC | May 13, 2022
FoxBusiness/WSJ graphic For the good or bad, whenever I’m away from my daily routine, it seems like the financial markets lose stability and investors go into crisis mode? The past couple of weeks, those invested in stocks, bonds and crypto know that it has been painful; there have been very few refuges from the sharp […]
RichC | March 11, 2022
Here are a couple of technology highlights to mention on a Tech Friday from earlier this week. First, the new driveway Wyze Cam3 set-up (moved it) picked up an evening fox whizzing by and the second, an event on Tuesday from Apple announcing new products. Personally, I’m not sure what kind of surprise was expected […]
RichC | March 27, 2020
If Daniel Ives of Wedbush is right, the new 5G capable Apple iPhone release seems "extremely unlikely" for the normal September or October release this year. Most iPhone iOS users have been anticipating or even holding off on an upgrade thinking they might want the new 5G promise data. Personally, I’m relatively satisfied with my […]
RichC | January 18, 2020
While working on post highlighting the DJIA crossing 29,000, I realized that the stock market has blown through that milestone and is rocketing towards 30,000 and that I’ll have to start over (probably a “worry-wart” post is coming). One of the big contributors to this Dow Jones Industrial Average is Apple ($AAPL). It just continues […]
RichC | January 11, 2020
Forgive me for being a bit redundant in worrying (again) about the hot tech stocks like Apple (AAPL), Google (GOOG), Facebook (FB), Amazon (AMZN), Tesla (TSLA) and Netflix (NFLX) among others as the Dow Jones Industrial Average flirts with 29,000 in mid-January 2020 (even a broken clock is right twice a day! ― Marie von […]
RichC | November 4, 2017
It was a big Friday for Apple iPhone lovers as those who pre-ordered were able to pick up their brand new iPhoneX smartphones … for the insanely high $999 or $1150. Wow, have prices risen for cellphones in recent years (of course so has their function) … and they are back to the price of […]
RichC | August 2, 2017
The Dow broke above the 22,000 threshold for the first time on Wednesday rising for the seventh straight day. The boost over the "nice round number" happened after Apple posted stronger-than-expected quarterly earnings and iPhone sales met expectations. $AAPL stock rose 5.5% and made its largest single day percentage rise since February. (Story WSJ.com)
RichC | February 1, 2017
After the stock market closed yesterday, Apple $AAPL reported their fiscal first quarter earning and shocked even the most bullish in the crowd. Their iPhone 7 sales help them deliver record earning, no doubt due to Samsung’s battery issues (Android users switching to Apple iOS). Considering Apple make a lot more than phones, it is […]
RichC | September 13, 2016
T-Mobile US said on Tuesday that pre-orders for Apple’s iPhone 7 and iPhone 7 Plus broke the company’s record and Sprint (S) said they were almost four times greater than last year. Pre-sales of the phone, which started on Friday, were up fourfold from the next most popular iPhone and set a single-day sales record […]
RichC | September 8, 2016
Why you ask? The Camera. Apple has again updated their excellent smartphone and this time, from the sounds of it, have really improved the picture taking ability of the iPhone. Both versions have an upgraded lens, software, processor and larger sensor (12 megapixels). There are a lot of smart tweaks that help with point and […]
RichC | April 29, 2016
It has been a rough couple of days for Apple ($AAPL) shareholders as growth this past quarter was elusive. Most blame the global economy, and in particular China, for the weak quarterly numbers. It does remind me of late 2012 and 2013 when analysts questioned whether management had lost their way. The same is happening […]
RichC | January 28, 2016
The stock market continues to move in favor of the “bears,” which goes against most long term savers and investors. One of the biggest stories today was that of Apple Inc $AAPL who reported earning of $3.28 per share which was 4 cent higher than the consensus. Revenue was nearly $76 billion and short by […]
RichC | August 21, 2015
Even though I’ve already posted on the recent plummet in the financial markets , the heavy volume and substantial daily moves like we’ve seen the past couple of days deserves a second post. Dow Jones Industrials on Friday afternoon August 21, 2015 Friday (August 21, 2015) was another sour day for investors who are holding […]
RichC | August 6, 2015
I’ve been watching some tech stocks climb as their valuations seem exorbitant while others languish; it makes little sense to me. Stocks like Apple ($AAPL) look oversold considering their while IPOs in other startups continue to attract money. Then there is the companies heavily used and relied on by media and celebrities alight, Twitter ($TWTR) […]
RichC | July 22, 2015
Chuckling at the “miss” from Applefalling short of their guidance, but they continue to build their bankroll of cash … now above $200 Billion! Profit margins are so far above most tech equipment makers and they are still cranking out the iPhones (47.5 Million in the 3rd quarter). Unfortunately for shareholders use to $AAPL blowing […]
RichC | March 9, 2015
I ate a late lunch today and watched the live Apple product announcement events. The stock price moved up $3/sh to $129ish as the events were mentioned. Before the “main event Apple Watch” comments, Tim Cook and his team announced an HBONow ($14.99) exclusive tie to their devices as well as a lower price on […]
RichC | October 15, 2014
Will the Apple event on Thursday do much to ease the pain $AAPL shareholders are feeling in Wednesday’s afternoon sell-off? Share prices dropped over 3% in the last couple of days with today taking the biggest dive. The expectation is for an iPad mini 3 an improved iPad Air with the new A8 64-bit chip, […]
RichC | September 9, 2014
Tim Cook lead another #AppleEvent in the age of social media and I both watched and "tweeted" along with the tech interested across the country and world. The event was "as expected" in that Apple launched the new iPhone6 and 6plus … larger phones. They will be offering up their new iOS8 on September 19th […]
RichC | September 9, 2014
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RichC | August 15, 2014
Have you been wondering when the notoriously secretive Apple, known for innovative and culture shaping products, will have the next “one more thing?” We all suspect that TV is ripe for Apple-izing and that trendy wearables are ready for the iWatch, but besides those known in-the-works items, what else is up their sleeves? Will the […]
RichC | April 23, 2014
$AAPL Resumed trading at 4:45PM Looks like investors approved of the 7 for 1 stock split and the idea that Apple is willing to tap the debt market in 2014 for the future. It would be nice to know what products are actually in the works, but so far the 8% afterhours move is a […]
RichC | February 25, 2014
As the financial markets continue to flirt with record levels again, insiders are looking at where cash is being put to use, or not. Fox Business mentioned this morning that analyst expect much of the sideline cash to head towards R & D even as mergers and acquisition deals are garnering most of the headlines […]
RichC | September 11, 2013
With all the pre-event leaks and lackluster comments from technology journalists, it is difficult for even Apple fans to get wound up about the new “same sized” iPhones. The non-surprise by Apple was reflected in a 2% decline in $AAPL shares on Wall Street and many wonder if the magic is gone? On the plus […]
RichC | August 13, 2013
New devices, September dates, bigger screened iPhones, Carl Icahn taking a position in $AAPL stock. As the Mazda ad goes … zoom, zoom. Reportedly, Apple Inc (AAPL) will unveil its much anticipated next generation iPhone on Sep 10. The device tentatively called iPhone 5S (can be 6 also) is rumored to feature a larger screen, […]
RichC | April 23, 2013
In Tuesday’s conference call Apple had reasonably positive news, or at least as expected news. The fact that they are increasing their dividend and hinted at something new in the second half of 2013 wasn’t all that surprising, but they are obviously convinced AAPL stock is a good investment. Management announced it was increasing its […]
RichC | April 17, 2013
Who is calling for Tim Cook’s head? Apple shares were down 4.7% to $406 this morning and nearing the psychological $400 mark. If it drops below that point, Apple executives better start circling the wagons if they haven’t already. The stock has not traded below the $400 mark since late December 2011 and have slid […]
RichC | January 24, 2013
Hmm, not much in the immediate future to put a smile back on shareholders’ faces. If Tim Cook has something up his sleeves, it might be a good time to turn on the magic. ($AAPL trading at $450 down 12% Thursday morning) Posted via email from RichC’s posterous
RichC | January 23, 2013
Apple Inc. (AAPL) will report results for its first fiscal quarter this afternoon. Investors are on pins and needles wondering just how business has been going with slowing computer sales and increased pressure from Android devices on iPhone and iPad sales. Apple stock has already been beaten down and if the numbers are lackluster could […]
RichC | November 7, 2012
I’ve unfortunately been watching the financial markets react negatively to the re-election of “less than business friendly” President Obama this morning and I am struggling to decipher what the future holds for investors and those saving for college or retirement. In the middle of a 300+point DOW drop is probably not the time to form […]
RichC | September 7, 2012
I read a simple article reviewing where Apple ($AAPL) makes their money … product mix, not geographic location. Anyway, I thought it was interesting that they make over 70% of their total sales (trailing 12 months) on the iPhone and iPad … that in comparison to Macintosh computers, software and services and even their Music […]
RichC | August 25, 2012
It’s no secret that I’m a long time Apple user and have done my part in supporting the company as computer and gadget buyer and as an $AAPL shareholder, but I’m also rebellious when their eco-system boxes out competitors. I dislike Apple telling me what software I can and can’t install on my computer devices […]
RichC | August 6, 2012
At this point I’m still happy to be an Apple shareholder, although worry the current two week 10% stock price rise could be a little much for $AAPL. That said, the demand for their superior technology products coupled with their above industry profit margins … and devoted buyers … should keep the company flush with […]
RichC | January 31, 2012
After hearing an employee at Sprint talking about the iPhones substantial impact on activations last week, I pondered the value of the carrier to Apple. With Sprint buying 30.5 million iPhones worth $20B to the cash rich Apple (AAPL) and the Sprint (S) trading at uncomfortable lows, there are rumors that Sprint needs to return […]
RichC | December 31, 2011
In tying up loose ends in closing out the year, one story that made a big impact on technology followers was the death of Steve Jobs. He was an inspirational and creative marketing wizard with oddities all too common with those we associate with the “genius” label … and would have been my pick for […]
RichC | February 17, 2011
On the days that I am connected to the Internet during Wall Street’s market close, I often stream a tiny Slingplayer window of CBNC’s Closing Bell. Today I chuckled at someone on the trading desk holding up a “Hi Mom” sign (left). Also changes in technology has helped investors and traders in recent years by […]
RichC | February 15, 2011
Apple APPL 2/14/2011 Most people I know openly or ‘secretly’ admire Apple‘s iPhone. For many it would be a costly luxury, while for others it is more phone than they really need. The answer from Apple might be right around the corner: How about a lighter duty iPhone – call it the ‘N97’ – with […]