Former Lehman analyst, Dan Niles, is hating on Apple’s quarter, citing a number of metrics that could mean trouble for the Tim Cook led company in the coming quarters. He even went as far as to compare it to RIMM.
Apple missed on iPhone and MAC estimates, dropping the ball and clowning themselves on iPad sales.
The stock is now lower in after hours, by 2.5%.
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dan. alphaone dan. marketing the fund i suppose.
Who they gonna buy. Who dey gona buy
wonder what drop off looks like after they have to start lowering their outrageous prices for their devices…
This is trolling of the worst kind – I must respond to the absurdity of even momentarily granting this goof a moment’s dignity on this fine site. I mean, we all do remember his well documented and on-TV flip floppiness on TWTR and FB, right? How is he doing anything other than reporting AAPL news, just like the news outlets? This guy offers zero value and he should be mocked like Gartman any time he arrives on CNBC.
Dan Niles. Did we travel back a decade in time or what?
I’ve been a big fan of Apple products, have a ton of ’em. But lately, I’ve been disappointed with some of them: the watch which, as it turns out, is like an Apple Newton with a wrist strap. The music service, which is a mess compared to Spotify, which just works. Apple TV, which has never worked quite right for me, compared to Roku, which does. And lately, the Safari browser has been hanging up, on my wife’s machine and my own. We have since made Google’s Chrome our default browser. If I were Peter Lynch…
Safari browser crashes all the time on my iPad and iPhone. I got so sick and tired of it that I use Puffin browser and guess what? No crashes and super fast.
http://aaplinvestors.net/stats/iphone/iphonedeathwatch/