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Eddie Cue Sells $8.8 Million of His Apple Stock

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#1 Scorbing

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Posted 05 December 2012 - 13:41

Is the Apple ship in trouble? Let's look at the series of lately events here for a minute:

1. iOS6 is released and doesn't impress anybody.
2. Apple Maps is a huge failure. Doesn't work properly.
3. Scott Forstall and 2 other executives get fired.
4. Bob Mansfield cashes his $20 million Apple stock and decides to "retire".
5. Now, Eddie Cue decides to sell his $8.8 million in Apple stock. "Retirement" next?

I don't know about you guys, but it seems to be the Apple Starship isn't doing very well. Ever since its captain died, nothing's been the same. Something is wrong at Apple.

What do you think?

Posted Image

Source and full article: http://www.cultofmac...in-apple-stock/


#2 spacer

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Posted 05 December 2012 - 13:55

Given the popularity of the iPhone, the unwavering zealots, and the ridiculous patent lawsuit windfalls, I highly doubt Apple is going anywhere any time soon.

#3 thealexweb

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Posted 05 December 2012 - 13:56

We used to Apple used to have a distortion field, it now seems Microsoft fanboys have one about Apple. Yes the share price will come down until it reaches a true valuation of the company. But marketshare, revenue and profit are all still rising in almost every area so yeh they really are sinking aren't they...

#4 fusi0n

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Posted 05 December 2012 - 13:57

When the first iPhone came out.. It was a HUGE step forward.. I love it.. I had all of them expect the iPhone 5.. The iPhone was more stable and more supported than Android..


Years later.. Android becomes very stable, well supported, TONS of features, IMPROVES their product.. iPhone left in the dust.. Even some of the iSheep are seeing it..

Macbook Pro - Awesome Laptop --> Discontinues 17" version, Makes 15" with integrated ram and hard to upgrade the hard drive..

iPad.. Same damn thing it was when they first released it..

Apple trying to sue everyone..

They have gone way down hill.. I really wish they would make their next iPhone with a ton of features, less strict on the App Store,

#5 OP Scorbing

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Posted 05 December 2012 - 14:09

We used to Apple used to have a distortion field, it now seems Microsoft fanboys have one about Apple. Yes the share price will come down until it reaches a true valuation of the company. But marketshare, revenue and profit are all still rising in almost every area so yeh they really are sinking aren't they...



Don't get me wrong. I am no Android or Microsoft fanboy. I have 2 PCs, an iMac, an iPad and an Android phone but the truth is the truth. Apple has internal troubles and something is not right.

You might want to take a look at this:

Android Market Share Reached 75% Worldwide in Q3 2012

http://techcrunch.co...ide-in-q3-2012/

#6 thealexweb

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Posted 05 December 2012 - 14:12

Don't get me wrong. I am no Android or Microsoft fanboy. I have 2 PCs, an iMac, an iPad and an Android phone but the truth is the truth. Apple has internal troubles and something is not right.

You might want to take a look at this:

Android Market Share Reached 75% Worldwide in Q3 2012

http://techcrunch.co...ide-in-q3-2012/


I am looking, a massive year on year boost in shipments and an increase in market share, Android is gaining at the expense of others.

#7 Pam14160

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Posted 05 December 2012 - 14:14

Not in my life time will Apple come falling down. At present they are to big and money rich. Beside with the ability to now sell their products (iPhone) in both India and China (more people than almost all the other countries on planet earth) they are looking at the possilility of increasing their sales by as much as 25 to 50 % in the smartphone market.

No they aren't coming apart at the seems as of yet. . .

#8 OP Scorbing

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Posted 05 December 2012 - 14:19

I am looking, a massive year on year boost in shipments and an increase in market share, Android is gaining at the expense of others.


Yes...But it is gaining and that's the point. Whether its gaining at the expense of others or not, the point is it is gaining and Apple is falling behind.

#9 ahhell

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Posted 05 December 2012 - 14:23

The shares at a high price so why not cash them in.

That IS how you make money. :rolleyes:

#10 Farstrider

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Posted 05 December 2012 - 14:23

No they aren't coming apart at the seems as of yet. . .



^^^Perhaps It seems like they're not coming apart at the seams!! :laugh:

#11 OP Scorbing

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Posted 05 December 2012 - 14:31

They need to get into the innovation wagon again. Google keeps making Android better and better while iOS is still stuck. It's time to make changes to that OS.

#12 fusi0n

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Posted 05 December 2012 - 14:32

I don't see them falling at all.. But I do see a big change in market share..

#13 Klownicle

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Posted 05 December 2012 - 14:55

Apple isn't going anywhere, but there hayday is coming to an end. Soon I can see them fading into a blurry landscape of everything else. I think the apple fanboy ride will always stay about the same, while the perception of the company will fault.

#14 PhilTheThrill

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Posted 05 December 2012 - 15:06

Not in my life time will Apple come falling down. At present they are to big and money rich. Beside with the ability to now sell their products (iPhone) in both India and China (more people than almost all the other countries on planet earth) they are looking at the possilility of increasing their sales by as much as 25 to 50 % in the smartphone market.

No they aren't coming apart at the seems as of yet. . .


You must have missed the 90s

#15 Arceles

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Posted 05 December 2012 - 15:11

I'm guessing that the new os that may probably replace windows will be android...



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