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Mac OS Ken

Mac OS Ken: 09.12.2013

Mac OS Ken

Ken Ray

Technology

4.7996 Ratings

🗓️ 12 September 2013

⏱️ 19 minutes

🧾️ Download transcript

Summary

Investors Punish Apple Shares Post iPhone 5s/5c Event Financial Analysts: From "Meh" to Maudlin in Wakes of New iPhones Canaccord Analyst Ups Apple Price Target Icahn Buys Apple on the Down Day and Supports CEO Cook New iPhones Clear Technical Hurdle for Three Major Carriers in China Apple Retail Offers $100 Discount on Remaining iPhone 5s Apple Says Touch ID Doesn’t Store Fingerprints (Just Fingerprint Data) iOS 7 GM Loses Its Keychain Apple Selling Docks for iPhone 5s and iPhone 5c New Hardware Brings Changes for AppleCare+ ALL Things D: Apple TV May Get Better at Sharing Next Week MG Siegler Tweets of New Apple TV Hardware Next Month

Transcript

Click on a timestamp to play from that location

0:00.0

This is Mac OSKIN.

0:10.0

Apple shares take a beating. Financial analysts weigh in and stuff that didn't make the stage

0:18.4

on Tuesday.

0:20.4

It's Thursday, September 12th, 2013. I'm Kan Ray, and this is news from MacoS. Can.

0:28.0

Brought to you by yours truly and supported by listeners like you, subscribers to Mac OS can Day 6.

0:36.3

More information is available at MacOScan.com.

0:40.7

This show is also supported by the MacOS Can Podcast app for the iPhone, iPad, and iPod touch,

0:48.0

available in the App Store now for $2.99.

0:53.7

If you're a long time Apple Watcher or enthusiast or even a fan, you were likely not disappointed

0:59.6

by Apple's iPhone event on Tuesday. You're also probably not from China nor do you work on

1:05.3

Wall Street. Investors reacted so negatively on Wednesday one might think the

1:10.8

company said the S and iPhone 5S stood for syphilis that each new phone

1:16.3

came with a special thing that stabbed you in the ear when you tried to use it.

1:21.3

26.9326.93.

1:24.0

Apple shares lost $26.93 on Wednesday

1:28.0

are nearly 5.5% of their value.

1:31.0

They closed the day at $469.71.

1:36.0

Historically, that's not a bad price for Apple,

1:38.1

but shares lost $26.93 on Wednesday. Was I yelling? It feels like I was yelling. I don't own shares of

1:48.3

Apple. To me the loss of value is nothing personal. But I take the idiocy personally. What happened was

1:57.1

everybody decided the C and the marginally lower cost iPhone 5C stood for cheap or for China or for both.

2:07.0

Turns out, of course, it stood for neither.

...

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