iPodDailyNews - Where iPod news comes first

 MacDailyNews Poll

Deal of the Day

5 Day Most Commented

Opinion Archive

Current Headlines

Latest Joy of Tech

  • Latest Joy of Tech!

iLounge

iPodNN

Yahoo! Finance AAPL

iTunes Top 10 Songs

iTunes Top 10 Albums

Apple Support

iPod Hacks

  • Social Web
  • E-mail






Always -- Free ground shipping with orders over $50 at the Apple Store.

Reader Feedback: ( = registered)

Mar 09, 10 - 05:56 pm Comment from: Lava_Head_UK

Very tempting grin

Mar 09, 10 - 05:58 pm Comment from: Ncg598

Yea, sure- I have my stock and it continues to go up. Apple is a long term stock.

In one ear and out the other!

Mar 09, 10 - 06:00 pm Comment from: Macdoc

I'll keep my stock. Thank you very much. Apple will continue to kick ass and take names!

Mar 09, 10 - 06:06 pm Comment from: Rev. Dr.

I want a job where I can just make shit up!

Mar 09, 10 - 06:07 pm Comment from: Jersey_Trader

As long as IDC and the others continue to not count iPhone, iPod touch and the iPad as computers, Apple will not impress this guy and others. BUT, the iPad will rip the heart out of the netbooks and will be cloud computing using Apples BILLION DOLLAR SERVER FARM.

Keep your head in the sand and continue to consider Apples OS X devices that are not burdened with OS routines that it doesn't need as non computers. Clueless idiots!

Mar 09, 10 - 06:08 pm Comment from: G Spank

Another article written about Apple by someone who probably hasn't ever owned an Apple product.

Mar 09, 10 - 06:08 pm Comment from: Swing Geezer

Apple will go down, as much because of some profit taking as some manipulation. However, the fundamentals are strong and it's future is extremely rosy!! It will climb to much greater heights. You can sell and take profit and buy in when it drops a bit and make a little extra money, or you can do the "long-term hold" and make money.

Mar 09, 10 - 06:09 pm Comment from: Connor MacBook

Actually Apple's only been on a winning streak for half of the past decade. The first half was the hard slog of putting the pieces in place.

Mar 09, 10 - 06:12 pm Comment from: Arnold Ziffel

Scott Moritz is a known putz.

Mar 09, 10 - 06:13 pm Comment from: Jersey_Trader

Is a motorcycle a non vehicle because it has only 2 wheels and cars have 4? Apple will add the unnecessary OS X routines as they are needed in their mobile devices and the AppleTV. Why take up RAM with something that is not being used. Steve Ballmer and Microsoft wish they could do that with Windows.

Mar 09, 10 - 06:18 pm Comment from: Beam up Scottie

Go to Google and start typing Scott Mortiz. The first suggested autocomplete is "Scott Moritz idiot". I'm not making that up.

This is the same Scott Mortiz who spread the false iPhone sales numbers when it debuted. See this classic article: http://www.roughlydrafted.com/2007/08/05/more-on-scott-moritz-and-the-jim-cramer-street-misinformation-engine/

Here's another Moritz Miss™: http://www.crunchgear.com/2009/07/22/verizon-to-carry-the-apple-tablet/

And another: http://gizmodo.com/312052/the-street-predicting-a-13+inch-macbook-on-leopard-os-x-launch-day

Bzzzzzz, bzzzzz, someone get the fly swatter.

Did I miss or does Moritz not state his current position in AAPL? Could he hmmm, be short? Naawww, never, not an upstanding guy like Scott.

Mar 09, 10 - 06:19 pm Comment from: doc e

This guy is about as useless as Endrool and all his ilk. They sit in a cubicle and reveal to the world how clueless they are.

The iPad is going to outsell everything Apple has ever produced, including iPods, iPhones and Macs. The shockwave of what the iPad is and will be is going to destroy the print industry while invigorating the content providers, decimate netbooks, probably put RIM, Palm and many other hanger's-on out of business, and become the device that makes Apple THE premier tech company of the world. Kind of like Pixar became THE premier animation company.

Apple's stock is going to pass $300 a share this year and after the holiday sales numbers are published, it will rapidly climb to the $400 mark next year.

Remember these days folks; these are historic days and times like few in history.

Mar 09, 10 - 06:19 pm Comment from: st

MDN, you really need to think about your wording more often, if you want to appear more credible and reasonable. You do this all the time. Just saying the equivalent of "Our prediction is just plain right and this person's prediction is just plain wrong." .. is pretty nonsensical. You talk as if you already know the outcome of future events. Somewhat ridiculous, it could be argued.

Mar 09, 10 - 06:19 pm Comment from: Mama Fratelli

Sloth loves Chunk!

http://www.youtube.com/watch?v=xbYZ2HT9pPk

Mar 09, 10 - 06:21 pm Comment from: Robert Kelsey

This guy is probably the same "guy off the street" who told everyone to sell AAPL at $4.75 in 1997... I'm sorry Moritz, but your voice can not demeaner the company nor does your views go deeper than a simple "technology changes=technology companies are bad, and not long-term". I'm sorry, but false, Apple is ever changing, and with $50 billion in cash, yeah, this company can do so much, and not going anywhere but up it appears as of now.

Mar 09, 10 - 06:23 pm Comment from: disposableidentity

He doesn't seem to understand the issues (or business in general).

People aren't buying Macs or iPhones because they're cool. Clearly people are buying them because the customer is getting value from the products (like in any other business).

Apple has consistently opened up new markets. When the iPod market was starting to get saturated, they brought out the iPhone and iPod Touch, boosting average selling price and margins (and funny enough, even this "mature" iPod market is worth 10,000,000 units per quarter -- not bad).

They don't need Verizon to drive sales (presumably AT&T;has made it worth their while to be exclusive, if that ever changes, expect exclusivity to end).

In what other market is being able to charge MORE than the competition for your product a bad thing?

In what other field would a company with a large R&D;department let their competition violate key patents, WITHOUT suing?

Why would he think the iPad is aimed at the Kindle market?

Considering it's only $500, why not look at what the iPad actually does: web browsing, email, photo management, playing videos, word processing, Facebook -- all things normal people want to do on a computer. Look at what is missing: viruses, re-installs of the OS, hard drive crashes, etc. Sounds like it could be a winner.

Mar 09, 10 - 06:26 pm Comment from: Ara

dude moritz is terrible.. he was ripping into apple in 2009 saying how over valued it was, they couldnt sustain growth etc... email to him

no more bashing apple? Reply |Ara Abrahamian to Scott
show details 6/1/09

fromAra Abrahamian <ara.abrahamian1@gmail.com>
toScott Moritz <Scott.Moritz@thestreet.com>

dateMon, Jun 1, 2009 at 6:32 PM
subjectno more bashing apple?
mailed-bygmail.com

hide details 6/1/09


the article and negative sentiment has really come to a halt.. I wonder why that is?

A stock I dont want to own.. 3 months ago. who said that?? LOL smile

having good fun but you were so wrong, its not even funny

Mar 09, 10 - 06:28 pm Comment from: Alex McKenna

What a total ignoramus. So many childish errors it's difficult to decide where to start grin
And as for his English: "different than"???
It's "different to". You can have faster than Windows, bigger than HP, smaller than a PC tablet, more profitable than Dell.... But it's different TO a logical report. Like it's also offensive TO an intelligent mind. Ridiculous TO even the most casual technophile.
Surely Microsoft has enough money to pay for writers with more journalistic skill and understanding of the industry basics?
.... unless Steve is putting these guys up himself, just to amuse the faithful and demonstrate the idiocy of the opposition??

Mar 09, 10 - 06:33 pm Comment from: Tflint

Dumb advice !!! Don't sell.

Mar 09, 10 - 06:39 pm Comment from: breeze

CONGRATULATIONS MDN !!!

FINALLY A TRIBUTE TO THE DUMBEST MONKEY OF THEM ALL - THE PAINFULlY SLOW AND RETARDED - Scott Moritz.

Please stay on top of him, this guy takes the cake.

Mar 09, 10 - 06:50 pm Comment from: Digital Mercenary

The starting price for the iPad is $499. The Kindle DX is $489. So a $10 price difference out of almost $500 makes the iPad expensive and the Kindle DX not? Wow, who knew?

Mar 09, 10 - 06:57 pm Comment from: PC Guy

I have Icaled (or whatever you call it) all your responses. Will reprint them one year from now - when Apple dips below 100$. Believe me, it will happen (and please excuse me for any errots, I'm writing this from my iPhone)

Cheers!

Mar 09, 10 - 06:58 pm Comment from: It's About Time

What a dick.

Mar 09, 10 - 07:07 pm Comment from: Mike from Fernie

The Goonies allegory was great.

Mar 09, 10 - 07:11 pm Comment from: macintush

@ Alex McKenna ... are you British? "Different than" is ok in the U.S.

Mar 09, 10 - 07:23 pm Comment from: Marc

@ macintush .... ok in the U.S. doesn't make it correct in the U.S. Incorrect grammar and incorrect syntax is plain wrong both sides of the pond, especially if you claim to write for a living.

'Different to' or 'Different from' but not 'Different than' anything I'm afraid.

Mar 09, 10 - 07:27 pm Comment from: MarketHasSpoken

Apple stock will do just fine as long as the lemmings keep spending top dollar for last gen CPU tech. Even the budget PC makers have been producing Core i7 quadcores that smoke any Apple hardware @ 1/2 the cost.

Today, anyone who pays $2700 for a laptop with a Core2Duo is clueless.

Mar 09, 10 - 07:34 pm Comment from: silverhawk

Marc. So you're different from everyone else. You are here to attack scott moritz, not the good MDN posters.

Mar 09, 10 - 07:35 pm Comment from: macintush

@Marc ... http://www.straightdope.com/columns/read/2295/is-different-than-bad-grammar

I'm not defending the article , as someone who thinks different I differ over the correctness of 'different than' vs. 'different to' vs. 'different from.' With all due deference, I beg to differ.

That said, Moritz is full of sh@t

Mar 09, 10 - 07:37 pm Comment from: macintush

BTW, my name is also Mark, but I spell it correctly.

Mar 09, 10 - 07:37 pm Comment from: Hotinplaya

I have friend states side who we see 3/4 times a year, I switched him to Mac about a 18 months ago. He is so happy he jumped into APPL last year in the $90.00 range.

He just called, told me he had sold some of his stock to regain his investment, letting the profit ride with the idea of re investing his investment if it does drop.

He asked if I wanted him to bring down an iPad for me in May! And I know he will not let me pay him for it!! "But I never charge him for sailing either"

Mar 09, 10 - 07:38 pm Comment from: KenC

Moritz writes for theStreet.com which is owned by Jim Cramer. He's just Cramer's puppet, and a well-known Apple stock basher.

He was the scammer that put out the rumor that Apple's sales target for iPhones on its first weekend of sale back in 2007 was 1M. We of course know that Apple had no more than about 250k available, so that was just rubbish, floated to make Apple look bad.

Mar 09, 10 - 07:39 pm Comment from: NCIceman

Another "analyst" who knows the stock is on the rise, so he wants to try to cause a short term dip so he can buy in. I say full disclosure for anyone who reports on stocks for a living.

Mar 09, 10 - 07:40 pm Comment from: Quad Core

How is it that a professional financial guy does not get one thing. MARKET SHARE DOES NOT CORRELATE WITH PROFITABILITY!!

If Apple maintains it's current record-high levels, but Dell sells an extra 20 million computers to a gargantuan company, Apple's market share would drop, but it's profits would remain the same.

Mar 09, 10 - 07:40 pm Comment from: wiggy

we need bears and negative talk to keep the stock price heading higher. If everyone understood apple the path of least resistance would be down because everyone would own aapl allready.

Mar 09, 10 - 07:57 pm Comment from: Cubert

LMAO all the way to the bank!

Mar 09, 10 - 07:59 pm Comment from: Laughable

So you want us all to dump out stock so that you can pick it up at a lower price.. is that what this article is all about?

Apple is focusing on new markets, the 4th gen iPhone will be difference because the 3GS was hardly an upgrade, they will be rolling out the iCore processors in their hardware driving "production" places to buy new machines, iPad is going to get Apple revenue from the sales of books and magazine apps, iPad will widen the range of what kind of apps will be offered (work apps which wont be free), and Quattro acquisition will start to make Apple Ad revenue. Yes let me sell my stock right now before they really mature in all the markets that they just entered.

Mar 09, 10 - 08:37 pm Comment from: ken1w

He is right to say that you should sell a percentage of the AAPL shares that you may own at SOME point, especially if AAPL is able to go above $250 in near term (the next few weeks). However, he would be "right" for all the WRONG reasons.

Mar 09, 10 - 08:44 pm Comment from: Nobama

@macintush:
Case closed.

Mar 09, 10 - 08:49 pm Comment from: Ben Dover

i use my iPhone more than I use my laptop for browsing the web. I use laptop for downloading large files, iPhoto, iTunes, parallels ect. 90% of that I will do with an ipad. My house will have 4 by Christmas. I don't care if they call it a big iPod touch. It definately is one on steroids. That is exactly what I have wanted. I can't believe the capabilities that and ipad will have. I still can listen to pandora on my iPhone while reading the web on my Ipad. I believe the size is perfect for games.I'm so old that I can't wait to play Asteroids on the ipad or tiger woods golf. Even air hockey will be more fun on an ipad. Screw those idiots who try to set every new Apple product up to fail. I wish I could be as horrible of a failure as Apple.

Mar 09, 10 - 08:50 pm Comment from: Hiflier

I will hang on to my precious Apple shares for now. When I feel the time is right I may possibly sell and retire to Saint Moritz.

Mar 09, 10 - 09:16 pm Comment from: m159

Moritz writes in the tradition of a quarter-century of Apple nay-sayers, screaming not to buy or to sell now.

There are many factual reasons to assure holders of AAPL, but the most significant are the ones we have yet to see: the parade of transcendent new products out of the creative fountain at One Infinity Loop. It's what they do.

Even if you take just the things we know about now, this company's story is far from over.

Moritz impulse to rush to the sell button didn't carry much weight today did it?

Mar 09, 10 - 09:25 pm Comment from: DLMeyer

If you want a nice, safe, beat-the-market stock you can hold for a long time, AAPL is an excellent choice. It will go down, but not as quickly as the rest of the market. And it will recover more quickly.
Why did I sell mine? I found a way to make more money in the market. Only it takes a lot more work. And it leaves my account more fluid. The biggest bonus? Other stocks behave more "reasonably". They go up when expected and down when expected. NOT the reverse.

Mar 09, 10 - 09:35 pm Comment from: bobo

Drivel, if apple pulls back, it will be because the rest of the market does. Which is a very real possiblity, and this jagoff will be right...

Mar 09, 10 - 09:54 pm Comment from: ericdano

Nothing against Apple, but we are going to have another Stock Market crash. Real soon. As in the next month.

Mar 09, 10 - 10:20 pm Comment from: DLMeyer

If that's the case, it's a good thing I got my money out now - before the crash. But, I don't see what would bring the market to its knees right now. The market is due - yet again - for a correction. Yet again. But, a correction is far from a crash. Especially since the market took a nose-dive a year or so back. If we were headed into a serious downer, I would have expected the recovery to be even less complete.

Mar 09, 10 - 10:32 pm Comment from: rws

Apple just passed a buy point and continues to make new highs. Now is not the time to sell.

Mar 09, 10 - 10:54 pm Comment from: Dodger

Moritz is one of the biggest tech pundit morons working today - right up there with Enderle and Dvorak... He has nothing interesting or useful to say, it's all just a ploy to get you to visit his shit-show of a blog.

Mar 09, 10 - 11:06 pm Comment from: nomoremsbs

Nobody is as stupid as he appears to be. He's just a flunky serving the Street's underhanded agenda. But he and the rest of them are scumbags. Nuf said!!

Mar 09, 10 - 11:16 pm Comment from: Tt

Doesn't he get that apple is the 'nintendo' in his 'atari' analogy. By the time micosoft gets their 8 bit wannabe system off the ground I will have been playing mario bros on my mac for a year!

Reader feedback page 1 of 2 pages:  1 2 >

Always -- Free ground shipping with orders over $50 at the Apple Store.

Add Your Feedback:

Register or Login

Name:

Email: (optional)

Emoticons | Allowed HTML Tags

Remember my personal information   Notify me of follow-up comments?

Please enter the "IDN Magic Word" you see in the image below:




Current MacDailyNews Stories:

News Corp. considering new digital news venture focused on iPad
Friday, July 30, 2010 - 07:12 PM EDT
WSJ: Intel seen as front runner in race for Infineon’s wireless chip unit
Friday, July 30, 2010 - 05:40 PM EDT
Rogers system melts down in Canadian iPhone 4 launch
Friday, July 30, 2010 - 05:03 PM EDT
Uh, what ‘death grip?’ iPhone 4 ‘antennagate’ fails to materialize for Sydney fans
Friday, July 30, 2010 - 04:52 PM EDT
Microsoft’s Steve Ballmer’s iPad envy (with video)
Friday, July 30, 2010 - 02:30 PM EDT
Canadians line up by the thousands across the country for Apple iPhone 4
Friday, July 30, 2010 - 02:22 PM EDT
Businesses find innovative ways to put Apple’s revolutionary iPad to work
Friday, July 30, 2010 - 02:10 PM EDT
Ars Technica reviews Apple’s Magic Trackpad: Nice to have, but not necessary
Friday, July 30, 2010 - 01:53 PM EDT
Why Microsoft and HP will never catch Apple
Friday, July 30, 2010 - 01:40 PM EDT
Our free iPhone 4 Bumpers just arrived from Apple
Friday, July 30, 2010 - 01:22 PM EDT
Should Apple buy Infineon?
Friday, July 30, 2010 - 11:46 AM EDT
Apple quietly settles with patent troll, promptly gets hit by new one
Friday, July 30, 2010 - 10:25 AM EDT
Jim Cramer: Tech’s worst CEO? No, not Ballmer, it’s Michael Dell
Friday, July 30, 2010 - 10:04 AM EDT
OmniFocus for iPad released; professional task management with iPhone, Mac sync
Friday, July 30, 2010 - 09:25 AM EDT
Daily Telegraph reviews iPhone 4: Not just a slight improvement over iPhone 3GS, a massive jump
Friday, July 30, 2010 - 09:05 AM EDT