$300 a share?!?

[enzo1]

Originally Posted by patssle

Why can I not? They make lots of money off worship and blind loyalty. They do evil through censorship, but nobody cares.

you say this after making 70% off of 2 Chinese stocks..... right , no 1 cares

[patssle]

Originally Posted by enzo1

you say this after making 70% off of 2 Chinese stocks..... right , no 1 cares

I'm not not-investing in Apple because of their evil, but because their business is much funded through media hype. There are better products out there, the iPad was hardly revolutionary it's been done before, and I bet a lot of their base would jump ship if something else that was "trendy" and "cool" came along.

I'm probably wrong and their stock will continue to go up. Oh well!

[widgeon13]

News to me.

[Scott R]

Originally Posted by patssle

I'm not not-investing in Apple because of their evil, but because their business is much funded through media hype. There are better products out there, the iPad was hardly revolutionary it's been done before, and I bet a lot of their base would jump ship if something else that was "trendy" and "cool" came along.

I'm probably wrong and their stock will continue to go up. Oh well!

We have some of the new "Couriers" from MS and friends here for testing, and some "newer" ipads. Clearly the Courier is better in a lot of areas, compatibility, the ability run just about any app regardless of who makes it. Hell the dual screens alone should sell it.

But it will never catch on, MS just doesn't have the market ability and the cult following to make the device a contender against Apple.

[tabs]

I predicted it, but it was such a big price move even I didn't believe myself...

[nostatic]

Originally Posted by Scott R

We have some of the new "Couriers" from MS and friends here for testing, and some "newer" ipads. Clearly the Courier is better in a lot of areas, compatibility, the ability run just about any app regardless of who makes it. Hell the dual screens alone should sell it.

But it will never catch on, MS just doesn't have the market ability and the cult following to make the device a contender against Apple.

It is more than marketing. The problem is that the "better" areas you cited are non-issues with typical consumers. "Computer" geeks care about "compatibility" and being able to run every arcane app ever made. Most consumers just want it to work. And that's what Apple does better than any other tech company - create a simple and seamless user experience. It is perfect? No way. Does it please everyone? Nope. But it pleases most people and that is part of the win.

[Scott R]

Originally Posted by nostatic

It is more than marketing. The problem is that the "better" areas you cited are non-issues with typical consumers. "Computer" geeks care about "compatibility" and being able to run every arcane app ever made. Most consumers just want it to work. And that's what Apple does better than any other tech company - create a simple and seamless user experience. It is perfect? No way. Does it please everyone? Nope. But it pleases most people and that is part of the win.

I can agree that most of Apples market is indeed end users that are not overly technical. However this limiting factor in their products also keeps them mostly out of the corporate world as well. So it's really a trade off. But you can't deny that a lot of their sales are based on clever marketing and catchy designs.

[enzo1]

clever designs and catchy marketing, huh?
The top five U.S. publicly-traded companies, based on market value, are:
1. Exxon Mobil (XOM) - $331.02B
2. Apple (AAPL) - $274.29B
3. Microsoft (MSFT) - $219.15B
4. Berkshire-Hathaway (BRKA) - 206.88B
4. Wal-Mart (WMT) - $195.54B

Selected companies' current market values:
• IBM (IBM) - $176.96B
• Google (GOOG) - $172.54B
• Cisco (CSCO) - $132.30B
• Intel (INTC) - $107.07B
• Hewlett-Packard (HPQ) - $95.74B
• Amazon (AMZN) - $69.45B
• Disney (DIS) - $66.77B
• Nokia (NOK) - $41.79B
• Sony (SNE) - $32.04B
• Dell (DELL) - $27.48B
• Research In Motion (RIMM) - $26.14B
• Motorola (MOT) - $18.95B
• Yahoo! (YHOO) - $20.56B
• Adobe (ADBE) - $14.37B
• Advanced Micro Devices (AMD) - $4.87B
• RealNetworks (RNWK) - $439.32M

[krystar]

yea i just cashed out on AAPL to buy new house def make money from apple fanbois. i'm also tempted by las vegas sands and mgm grand. make money off suckers that lose money. it's like....guaranteed win, isn't it?

[Scott R]

Originally Posted by enzo1

clever designs and catchy marketing, huh?
The top five U.S. publicly-traded companies, based on market value, are:
1. Exxon Mobil (XOM) - $331.02B
2. Apple (AAPL) - $274.29B
3. Microsoft (MSFT) - $219.15B
4. Berkshire-Hathaway (BRKA) - 206.88B
4. Wal-Mart (WMT) - $195.54B

Selected companies' current market values:
• IBM (IBM) - $176.96B
• Google (GOOG) - $172.54B
• Cisco (CSCO) - $132.30B
• Intel (INTC) - $107.07B
• Hewlett-Packard (HPQ) - $95.74B
• Amazon (AMZN) - $69.45B
• Disney (DIS) - $66.77B
• Nokia (NOK) - $41.79B
• Sony (SNE) - $32.04B
• Dell (DELL) - $27.48B
• Research In Motion (RIMM) - $26.14B
• Motorola (MOT) - $18.95B
• Yahoo! (YHOO) - $20.56B
• Adobe (ADBE) - $14.37B
• Advanced Micro Devices (AMD) - $4.87B
• RealNetworks (RNWK) - $439.32M

So according to this I should be buying my fuel from Exxon, shopping for groceries at Walmart and planning a trip to Disney. Now I have something to look forward to in life. I guess if everyone else is doing it...

[enzo1]

If you look deeper you'll see that the competitors to Apple are getting their AZZ kicked, LOL

[JeremyD]

what's their cash position? Like $50B?

They can lose money on all their products and still make money...

[widgeon13]

Must be witchcraft?

Analyst: Apple Could Sell 45 Million iPads in 2011 | Apple Stock Watch | The Mac Observer

[krystar]

damn...it went up again. i didn't cash in on extra $150


but check out google....they spiked 11% right now

[widgeon13]

GOOG would have been a nice one to buy yesterday and sell today, oh well. I'll have to check the news on that one.

http://www.marketwatch.com/story/google-shares-rally-11-after-earnings-rise-2010-10-15?siteid=yhoof

[krystar]

ain't hindsight great? i'd like to go back in time and dump my live savings and my 401k and IRA into google IPO stocks. hell...i shoulda borrowed from a loan shark.

[Green 912]

bought big at $107 and doubled down again at $89 during the big freak out. sold a little now and then but am getting ready to sell it all off and buy in on some banks. It goes up and don with freakouts. good one to buy in on when others are selling.

[trader220]

Originally Posted by widgeon13

How can you say in one breath that it's a solid company and then say it's a cult.

Widge… it’s the internet people can say and claim anything they like. I totally agree with yaa but then again the same guy claims huge profits right after the un-named stocks move. Take guys like that with a chuckle and a grain of salt.

[widgeon13]

Trader, thanks for the endorsement.

Apple seems to have become a target for some.

I changed to Apple products a number of years ago and haven't been disappointed. Once I had the products, I bought the stock, haven't been disappointed in either. Have the iphone 4 and don't have any problems with that so say what you want, I have no complaints.

Actually my son introduced me to Apple products, young people flock to the products and if you go into a store today you will see that all age groups are buying the products. Their easy, reliable and customer focused.

[red-beard]

Now down to $299 in after hours trading....

P/E is 23.7 - a few years ago that would have been nothing. But most stocks aren't trading anywhere near that high.

And for Market Cap, GE is $174B with a P/E of 15.2
MSFT has a market cap of $221B with a P/E of 12.13
XOM has a market cap of $332B with a P/E of 12.57

No one sees a danger here?