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Media, Investors Too Tough on Apple?

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  • Description

    Mobilize CEO Vivek Nasta and FBN’s Sandra Smith on the outlook for Apple.

  • Duration 6:02
  • Date

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This transcript is automatically generated

This -- about this 54 billion dollars and cells right just three months.

And that's disappointing.

Apple stuff across in initial after hours trading.

After posting these -- sales numbers but apparently not as -- as that is -- and and you know how that goes on Wall Street right.

Compare that to what the media's going good news home prices rising in November but they're still down 50% from their date.

Sanderson at the tax expert.

Did it.

Not that on the double standard.

It does seem weird and it seems very weird and there's the way you treat the stock or investors do based on this.

I agree and I think people are beating up these guys after an amazing run I think -- gotten used to some native -- get back to reality here.

Maybe -- run was that would.

Unrealistic or maybe the 10% a lot -- cents a lot you know also these guys never done.

And after hours -- have -- -- -- and hours trading on fifty votes is of extreme they're cash.

Positions a 126 billion dollars that they're trading about three -- cash.

The fun crazy for -- these guys -- I -- I mean they have redefined.

The world right and look no question expectations of runup.

No problem with that would that would that thesis that thing -- they thought a few tricks up their -- -- and I.

I'm curious what your reference -- because Tim Cook basically came on the call after -- the disappointing earnings report and -- can cook didn't.

See there -- anything coming down the -- you can't have any clue.

As to what -- next other -- we do you know I phone a little better.

You what are they gonna make a mini mini I've had I mean what really is next for the company I mean there's nothing for about.

Let me guys -- but questions goes on an apple -- -- are not.

Not that did not -- depressants.

I'll let you know I I'm really disappointed.

When they come out with new products -- with the iPhone -- -- -- some reminder of you know.

Jump up from we have what but not -- startling.

Perry's views startling.

Innovations of life.

And there's a lot of competition out there.

Samsung got this galaxy phone it's a -- over a hundred million of them and then they're they're trying to saturate the market over in China but they've always.

Benefactor before all these other guy's gonna Bagram where is the sense that she's right that others are gaining ground or because apple doesn't really innovate and -- of late.

That they're gonna gain.

-- -- company isn't shift overnight I know I know jobs out of there I know cook has a more.

Down to earth style but here's the here's the facts -- or composition.

Yes it's hard to impress you between iPhone version six overs and five but here's the thing.

What what else is out there.

It's still not it still I have to look at windows eight.

It's a joke I means not a joke -- windows and and its current I think -- interest there's -- that's been big hit.

Well hey you know I don't like Cuban I'm still -- my my keyboard writes I think.

I think that you know.

While it is Osama Renaissance man I go back and -- the keyboard let it was like hey look at -- that would icy surfaces selling you know fifty million a pop I'm with you.

Right now that it may not need to your.

Wind in the beginning that what we said is a very high standard of this company.

And you know you see you led by the sword -- -- by the -- and now -- -- not because may be the emperor has -- clothes.

What an investor at this point wants to -- and needs it now it's hard even in high east new buyers to come into a very saturated market.

-- after the political and the economic environment comes into play because we're talking about people have a less.

Disposable income now they're paying higher in taxes they're seeing -- some are smaller payroll check.

-- apple could always -- premium words Protestants they were cool are using their losing their wow cool that they could easily lose their -- think they're still cool.

But is that still top -- thing to say I've got the -- phone.

Not exactly Samsung has the -- power right now a lot of these other competitors are coming out -- very cool -- And if you are the techie -- -- leading the way you're looking for the newest best and brightest thing that's out there right now an apple hasn't given us anything to handle all.

-- -- Really advance.

Products from the original product.

The new big big thing right it might be coming around what I don't hear until you what it -- it's TV and look I have I think I think what we have to recognize but apple is they keep did you not development examples I'll thing is that I'm under my -- I don't know I'm -- apple TV I'm -- about apple TV's version for right I mean the one when -- -- -- Half an hour and an -- had a book is let's just let's work this out first grade we said the same thing and -- -- dividend if it helps TV news job.

But outside of that -- look look there's a point in time when you are gonna watch everything.

You know on the Internet ready phones apple TV is just a little step in that direction apple kills categories that killed music.

Pending another they're killing an MR petting him meaning some and -- on the good -- -- I think they sell phenomenal products I don't think anybody listening can even disagree with that.

But there's gonna come a time where you have to look at the stock -- say.

It's expensive they're gonna have to do a lot to continue to demand -- 50607.

Dollar past 700.

Dollars sale price that they've been demanding in the marketplace I mean this is a stock where the market determines the price and right now they're gonna have to wait yeah -- why did.

-- and things negative dividends and Moses -- -- to woo investors which point companies to.

Look here's the thing right you can't argue with the fact that a big companies -- to speak at some point the question -- -- now.

It's not now for us here so let them SEC does not -- -- I do -- years.

-- you know I'm not an advise anybody but I am gonna say that if you look price to forward earnings this -- a very expensive stock.

And -- earnings that we saw today don't rendered.

The president of that kind of it's Hulu -- -- -- guys it's Scotland group I don't -- look at short Golan heart.

Or at every.

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