hisah wrote:ChessMaster wrote:@hisah - We've reached a difficult point in how the global financial system works.
Link
Apple ScreensI want to see how the screens issue will play out.
MSFT topped out after a huge parabolic run back in 1999. AAPL is no different and worse many hedge funds are on the buy side. Extreme one-sided sentiments never end well. As long as AAPL can't compete with its rivals in the 3rd world where phone sales are on a parabolic run, all the best to them with their overpricing model.
So, let me get this right.
1. It finished the year with the highest profits worldwidr.
2. $13.1 billion + $123.9 billion in reserves.
3. Iphone sales increased by 29% while ipad sales increased by 49% compared to last years quarter.
4. Competitors: Samsung and Google. All others are either incurring losses or just breaking even. Still controls two thirds of the market.
5. Just by the virtue of it selling traditional computers, it still makes profit compared to companies like dell and hp.
6. Price earnings to ratio: 11.7
Other companies like Google: 22.8, Facebook: 286.5, Netflix: 358.5,
Amazon: 3583 and Microsoft: 14.9 respectively.
7. Market capitalization for Apple right now is $50 billion. This is like comparing these three mediocre companies with Apple: Sprint, RIM and Nokia.
Me thinks its just unfolding.
Energy.