Yes 3 plus years ago was the ipad. Nothing new in recent years was the quote, so why are you arguing?
Was what "quote" ?
People seem to expect a revolutionary device from Apple once a year or something.
Get real people.
Yes 3 plus years ago was the ipad. Nothing new in recent years was the quote, so why are you arguing?
When was the ipad launched? What have they done new and wow since I think they said.
His $1,111 price target comes from his belief that the companys performance and perhaps a growing dividend will help push Apple to become a trillion-dollar company. That would represent a gain of 89.6% from Wednesdays close. The number is based on on just over 18x our interest expense/income adjusted CY13 pro forma EPS estimate plus net cash per share of $116.60. This equates to a straight P/E of just over 20x our CY13 EPS estimate and is below the mid-20 multiple of 2006-2010.
For the past two or three years, Android has been moving rapidly and iOS has been standing still.
iOS had been sheltered by two things:
1 - They started way ahead of Android.
2 - Android devices tend to be updated more slowly (IE, Android devices tend to be running years old OS versions whereas iOS devices tend to be running OS versions within a few days of release.)
It was inevitable though, Android has blown right past iOS. Apple has the ability to move forward very quickly - if iOS 7 blows away Android 4, then Apple will be in the lead for awhile because all iOS devices will jump to iOS 7 instantly whereas even if Android 5 is much better, most devices wouldn't be running it for months, so iOS 7 need only beat Android 4 - if iOS 7 blows away Android 4, Apple can handily retake the lead and their stock will reverse course.
Doesn't Apple normally demonstrate the next OS X or iOS version to developers in Spring? We're half way through March and I still haven't seen any invitation...
That's what happens when you put all your eggs in one basket.
goodbye apple, hello samsung. this is what happens when you sit on your ass and let competitors catch up to you.
But Apple hasn't. Which was Cooks point.
Not to mention that many of these companies have several clients. For all we know some company is having a sheet month cause they make parts for the MS Surface.
I'd be curious to know where he's getting his information from as I doubt he has extnsive knowledge of Apple's complex supply chain. Of course putting out a research note like this will get him face time on CNBC which is probably all he cares about.
When was the ipad launched? What have they done new and wow since I think they said. They update and make things lighter, shinier or more effective on product lines that have now been around some years. Apart for the Ipad whats new in the last few years?
Oh and dont shoot the messenger ok!
80 % of Apple's revenue comes from the iPhone and the iPad.
That's a pretty small basket.
iPod 2.001
iPhone 2.007
iPad 2.010
People have short memories regarding timeframes.
And those two items are breaking sales records quarter after quarter. So your point is what?
80 % of Apple's revenue comes from the iPhone and the iPad.
That's a pretty small basket.
And those two items are breaking sales records quarter after quarter. So your point is what?
95% of Google's revenue is from ad sales.
Forecasts are a joke. Keep calm and carry on.
Future outlook doesn't look good. That's all investors care about.
The two items that are breaking records have the stock down $279 and hovering everyday at 52 week lows.