Also in this playlist...
This transcript is automatically generated
-- down -- -- discussion right now joining us for more on apple -- -- toll associate editor.
Ed parents you know you're telling me a few moments ago that the analysts -- having a tough time putting -- -- the true valuation on the company's.
Because they're doing so many things they've never done before.
All this -- phone.
Launch for example is staged over the course of you know nine countries another twenty you know week and then by the end of the year something like a hundred so it.
All the estimate didn't capture the same things and also there's a little bit of noise in there because.
You know apples quarter and September.
Right if the fiscal year -- believe also and September therefore.
If may be some deliveries are gonna happen October maybe you're not gonna have all the sales -- -- -- this to me short term noise the bigger picture is.
You know did it blow away estimates know.
Is a 1% decline in the stock after opening weekend a major disappointment no I think of sales really disappointing but stocks down.
8% for something not 1%.
OK so you know what we're near let's be fair here were near seventy dollars a share right now -- six on each issue.
And change that you say don't worry about this if you're somebody -- you're buying up and so on apple you say don't -- -- I say don't.
At today's move -- don't worry about whether the iPhone launches really meeting expectations and I believe it is gonna meet expectations the question is is a stock that went from 400 to 700 and almost a straight line.
Still have much value left an -- it's more fit fairly valued at this level I have to wait and see with the next big thing -- when you get to a 650 billion dollar market value which when apple has.
That has been a zone where the biggest stock in the market.
Has kind of stalled out in the past where there was Microsoft 1999.
Exxon and in 20089.
So I feel as if it's gonna take another act to get buyers really excited about.
Well you're saying here's cannibalization and that has been one of the biggest concerns about Apple's Steve Jobs did not wanna see in many iPad and yet -- looks like we're gonna got one.
Do you worry that the company overall is losing focus of the vision.
A Steve Jobs and that they not there might be some missteps coming up.
That's really -- -- that's a step too far actually I'm ready to talk about cannibalization talking about having a product.
That is may -- not as distinguishable from other good enough products out there and it's trading at a higher price meaning.
The product itself the -- phone with the iPad so if you get to that zone where you know the non apple product is good enough.
And you have some kind of comparability there you don't have to own the one that from apple I think that's a long term concern I don't think it's a matter of squandering jobs is vision I think it's more about once you book com.
The incumbent as apple is in these products then it's more.
What you can lose -- what you can gain from the rest of the.
And I -- to -- you can discount the power of the bloggers out there specially technology bloggers are and they are really hitting them.
On IOS sex saying that the update for current iPhone users.
For the iPad for Max is acknowledged it but besides the maps issue we talked about you know last week also the fact that really there wasn't a lot of new developments in the and the upgraded its not worth that considering out of space it takes up -- on the iPhone when he -- and look.
I do agree that that's all like pointing out the vulnerabilities are being the big guys see you want to take out of I think you could -- it the other way and say all that being.
Considered they're still gonna hit the sales target people are still excited to buy the new one even though.
All these shortcomings of him pointed out so to me it's more about it's a fairly valued -- the market figured out this is going to be a big deal.
What's next that's the question what's next it's nice to neverland but it's hard to hold on a number on sometimes my accent toll thank you very much from parents -- to -- -- --
Filter by section