Samsung Catches Fire While Apple Sales Disappoint

Apple may not have their phones burning up, but they have other problems, such as disappointing sales of the iPhone 7, so poor that for the first time, they didn’t even release first week sales.

At Dohmen Capital Research, we see that Apple’s US Mac sales are also plunging, down 13.2% from one year ago. This is not a big part of total Apple sales, but it adds up when all the other “great hopes,” such as the Apple Watch, Apple Pay, Apple TV, etc. have fizzled.

Is the Inevitable Debt Collapse Predictable?

The national debt is accelerating at a geometric rate. But no one in Washington seems to notice. “Geometric” rate means it is accelerating exponentially.

Have you noticed that current members of Congress never mention the horrendous explosion in the nation’s debt? Apparently, they hope that Americans won’t notice what they have done to our economic future.

Why Is There A Shortage Of iPhone 7?

When Apple management announced that the iPhone 7 was sold out, the stock soared about 14%. That’s an increase in market value of over $80 billion. We call that a windfall from a shortfall.

We were skeptical. We consider the reception of iPhone 7 lukewarm, certainly not enough for demand to soar above expectations.

However, there probably is a real shortage at the moment. But instead of being caused by big demand, couldn’t it be due to a lack of supply?

Why Apple Will Enter A Bear Market In 2016

Apple is the darling of many investors. The expectation is that the company can do no wrong. Such unrealistic expectations are always shattered. It’s just a matter of time.

Hedge Funds loved Apple. Carl Icahn bought over 53 million shares, and the Apple ‘groupies’ on the internet insult everyone who pointed out the future negatives with four letter words instead of facts.

Why Apple Is “Dead Money”… At Best

The charts usually tell the story much better than words or opinions based on emotions. And what does the Apple chart tell us? It is heading down…seriously.

Apple is the benchmark for some of the popular stock indices. Because it is the highest capitalization stock in the indices, it carries the greatest weight. Therefore, when the stock can no longer be supported because of big selling pressure, it is bearish for the stock market.

The chart below shows a long sideways pattern since February 2015. That support has now been broken.

Does The World Really Need An Apple Watch?

The Apple Watch was released on March 9. A Wall Street Journal article said several weeks ago that Apple may have ordered 5-6 million Apple watches to be manufactured in Taiwan. Analysts believe that 10 million units, or at the most 20 million units, may be sold the first year.

For Apple AAPL, that would be a drop in the bucket. If you assume an average price of $400, that would be $4 billion in sales, or just 2.2% of Apple’s total sales last year.

Here is what I see:

Apple: Icon, Icahn or iGone?

The Christmas holiday season will probably help produce an excellent quarter for Apple. After all, it is a technology icon. But it may be their last great quarter for a long time. Shareholders should note that when enthusiasm is highest, and everyone is in, it’s usually a good time to look for the exits. Rather than looking at what is now, investors should ask, “what’s for an encore?” The markets look ahead.

Remember, market tops are made when everything looks best, not when they are bad.

Apple— What’s For An Encore?

My last article on this much loved firm was written on Forbes.com before the announcement of the new products on Sept. 9, 2014. That article discusses the contracting financial metrics of Apple. In the article below I discuss the newly announced products. Here are my impression. Some readers may disagree but these are my opinions, not based on emotions, but on facts and observations:

Over the next several weeks, investors will hear a lot about soaring Iphone sales, the wonders of Apple technology, the Apple watch next year, Apple Pay, etc.

Why I Still Wouldn’t Buy Apple

Posted on Forbes.com

I have been asked by various people, including financial television, to give an update on my view of the stock of Apple AAPL -1.57%. I participated in a recent ‘bull-bear’ debate on CNBC (March 21, 2014). But these are very short segments. Let me further explain my comments.

I will preface this by saying that I always separate my stock analysis from my opinion of a company’s products. I was bullish on Apple for several years. The stock made an important top on Sept. 21, 2012 at $705.

Should You Buy Apple Stock For The Long Term?

Posted on Forbes.com

I have written several bearish articles on Apple stock since the price peak of $705 last year September. In fact, six days after that top on Sept. 21, I wrote that it was probably the top. I predicted the next downside target of $520.

When that was reached, I wrote that it would go to $420, purely based on chart analysis.

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