Thread regarding Lumen Technologies layoffs

Ha! You're all comparing Apple(s) to Trash. USWest Cellular was stopped. VDSL was stopped. PRISM was stopped. NAAS is out and stock still falling. What "iPhone item" are they going to unveil that will thrust the stock into the $90 range? People need to understand that there are 10s to hundreds of other companies out there placing fiber. Lumen is behind in their placement. It will only be a matter of a year (1, year) before those competitors offer their version of NAAS. I can write 10 ideas to make Lumen valuable again, but I am not paid (over) a million dollars a year to oversee a book club. They do not want to expand, they want to shrink and sell off this company.

So there was a split 2 for 1 in 2005
7 for 1 in 2014 and 4 for 1 in 2020

Apple was making big money on all the IPODs before the I-phone came out.

Again that is the split adjusted price. See below from capital.com

Apple’s stock price increased over the years and rose to $92.54 on 9 January 2007, which corresponds to the day Jobs first introduced the concept of the iPhone. When the new phone was launched on 1 June shares were trading at $122.01.

Here is a summary of future iPhone launch dates through to 2014, the next important milestone in Apple shares history.

The IPhone was introduced in 2007.
The stock was barely hovering at 1.75
2014 split was irrelevant.
Do some homework before trashing others.

Google says Apple stock prices
2006 2.15
2005 1.15
2004 .51

What split you talking about?

That is BS that Apple stock was under a dollar before I-Phone. Since that time Apple has done a 7 for 1 split in 2014 and a 4 for 1 split in 2020. Learn how to read a stock chart.

I said earlier the Apple stock was 1 dollar before the IPhone. Instantly someone is offended. 😆
Come on people! It takes someone to turn the company around. Kate might be the savior.
Just remember, it will be very painful for a lot of you to have it done.

The segregation of mass markets from enterprise has been quite apparent lately.

Nothing encourages discussion like someone yelling "shut the #$@!#! up" ...

Nothing said here will have any impact on the big picture or the SLT decisions

Did you know!
Apple stock was 1 dollar before the IPhone was released.

Looks like the strategy is focus on enterprise, which is what Kate knows. The pace of change, and communicating each step of progress is sorely lacking.

Believing that there is real change will uptick the stock. Actual results will truly move it up. Otherwise, look for private equity to take the reins soon.

Shut the He-l up! 😆
I wished I would said that years ago.
So many cry babies on here. 😆

Again, this is the Lumen Layoff website. Don't come here if you're looking for rainbows and unicorns. Once the stock hits $1.05, there will probably be layoffs for two basic reasons. 1. Kate has to show a reaction to the devalued stock. Which would be announcing a company wide force reduction to lower overhead. 2. Kate will finally do "something". She has not done anything yet. Naas was being developed months before Kate walked in. The Microsoft deal is like getting excited when you find name brand items at the dollar store. Cheap. And that deal does NOTHING for our consumer revenue growth. Which is what is declining. Plus, it was one deal. How long can we keep repeating that one deal to the board? Sadly, this company is toast. Their strategy was to let the company get to this point or lower while they create a new path. Then try to get the investors and customers back by saying we're different in what? 5 years. They should have saved the name change for 2028.

responding emotionally on message boards has a very big impact on what happens at Lumen

I can't believe some of the people here are asking for death wish?
Have you found another job to pay for your daily necessities and retirement?

If not, Shut the he-l up!

Way to Go!
That's what I wanted to see. 😆

It's okay for them to waste tax payers money?

I can't believe some of the people here are asking for death wish?
Have you found another job to pay for your daily necessities and retirement?

If not, Shut the he-l up!