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Apple Hits New Highs as Tim Cook Celebrates One Year as CEO
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A really good friend of mine bought Apple stock in early 2009 for about $90/share - he bought right under $25,000 worth of it too. His Financial Advisor told him to sell it just a few months later at $99.XX/share because Apple stock is bound to start going down with pressure from Samsung, Google, HTC, etc so he did just that. Just a few months ago he told me that he has literally cried because of making that decision.
So between then and now, why didn't he buy back in at some point? There have been many dips/buying opportunities in the stock price.
I have bought and sold AAPL several times despite the share price being what it is. The last time I bought was when the price was ~$590 per share. As I type this, it's at $666 per share.
Mad Mac Maniac
macrumors 601
Why so morbid? It's quite unlikely that he will die as CEO. He will most likely retire when the time comes.
And you think Steve Jobs is replaceable, but Tim Cook is not? Please. It's just a matter of finding the right person for the job.
No can do, sorry.
You can believe it now, or you can believe it after the fact, choice is yours.
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You know there is no way I can answer your question, right?
Sure, go for the bet, if you like.
But that does not mean that Apple has to cut out the Pro to sell these iToys & Toy Macs. There is a small company that makes the upgraded Mac Pro replacement computer. Eve though they are small they believe that they can make enough money to stay in business. But Apple even though they say they are not about making huge profits over everything else could not make even a simple upgrade to the Mac Pro. But at least they did not cut out the Mac Pro like they did the 17" MacBook Pro. We have another 18 months to see if the so called new Mac Pro is just another false rumor or if maybe we will actually see an ivy bridge model of the Mac Pro. By then the newest Mac Pro models will be nearly 4 years old. It computer age that is 4 generations or more. This means great support for the Mac Pro User. They've shown that with their so called Pro software in recent years.
Even Ive claimed great products over profits. I guess he may be saying that the Mac Pro is not a great product.
... flings out into space and continues on forever and ever in the absence of gravity.
Even Lehman Brothers had high share prices for the industry, we all know what happened there. My concern, rises this high this quickly generally drop just as quickly.
As for "Peace's" comments, he's spot on. iPad's are one of the cheapest devices Apple sells. Of course they sell well. I've lost count how many times I've been privy to "Should I get an iPad or MacBook Air?" discussions.
In the meantime, people who actually use their systems for work (you know, making a living) are leaving for other platforms. Sure, Apple will thrive in the iDevices consumer market, and other companies will scoop up the fallout and make market gains. Keep in mind, I'm an OS X guy - always have been, but Windows still holds the largest market share in the OS department. =)
What you define as "pro users" don't even exist in droves. If every single one of them abandoned Apple the only thing it would do is improve the public image of Apple users.
Didn't you know that Steve was the designer, engineer, programmer, marketer and deal maker for Apple?
I'm not doubting Cook as a good choice for CEO (his business and supply chain logistics acumen not withstanding), but I wonder how things will go once the pipeline of Jobs' products has been exhausted (of which has been documented in his official biography as well as several interviews with Ive).
No can do, sorry.
You can believe it now, or you can believe it after the fact, choice is yours.
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You know there is no way I can answer your question, right?
Sure, go for the bet, if you like.
No source means its not fact... I wouldnt go to the bank today bro
The bottom line is that Tim Cook will not be able to shake the ghost of Jobs until he comes up with a product hit of his own. That doesn't an improved iPhone - that means something totally new for Apple, the way iPods and iOS were new for Apple when Jobs introduced them to the world.
Is it impossible that Cook can't make that happen? I don't think so.
But neither is it anywhere near a certainty...
Is it impossible that Cook can't make that happen? I don't think so.
But neither is it anywhere near a certainty...
Excellent points. Jobs wasn't know for being much of a businessman - something Cook excels at. I could easily see Jobs handing over a lot of the "boring" business side of things to competent people.
No, it does not mean it's not fact.
It means you aren't going be shown evidence that it is a fact, until after the fact.
Anyway, the safest thing for you to do is to put my comment in the rumor/speculation bin. Honestly, I won't be offended.
I don't want to criticize Tim too much here, because there's a lot to respect like his policies on Charitable Giving, Fair Labor Practices, etc. Lord knows he's a better humanitarian than Steve was, Steve was business savvy but not always the nicest guy.
I'm not sure if you can start attributing Apple's increasing profitability over the last year to Tim Cook. A lot of the products we're seeing now have been in the pipeline for years, and were personally overseen by Steve. Chances are anything we see in the next few years will have Steve's finger prints all over it. That's not to say he was personally responsible for every aspect of the products, just that he made a lot, if not most of the final decisions regarding product features and implementation.
There's a ton of talent at Apple, but it's yet to be seen whether they can develop new products on the same level that they did when Steve was around.
I wish them the best of luck!
I'm not sure if you can start attributing Apple's increasing profitability over the last year to Tim Cook. A lot of the products we're seeing now have been in the pipeline for years, and were personally overseen by Steve. Chances are anything we see in the next few years will have Steve's finger prints all over it. That's not to say he was personally responsible for every aspect of the products, just that he made a lot, if not most of the final decisions regarding product features and implementation.
There's a ton of talent at Apple, but it's yet to be seen whether they can develop new products on the same level that they did when Steve was around.
I wish them the best of luck!
I would like to offer my Congrats to Tim and the crew at apple.
While I don't always agree with Apples business policies, Apple has maintained themselves as a technological leader in the field, who continues to produce quality parts.
Is time the grand innovator? probably not> thats not what he's there for. he's there to steer the ship, and clearly, financially he's done the job well.
I also much preffer Tim's fairly openness when it comes to things like the Fair labour trade, and finances. it was the one sector that job's lacked in
While I don't always agree with Apples business policies, Apple has maintained themselves as a technological leader in the field, who continues to produce quality parts.
Is time the grand innovator? probably not> thats not what he's there for. he's there to steer the ship, and clearly, financially he's done the job well.
I also much preffer Tim's fairly openness when it comes to things like the Fair labour trade, and finances. it was the one sector that job's lacked in
Tim Cook is the leader of the company. Don't be fooled to think that he's going to take credit for designing any new products - because that's not who he is or what he does. Yes, Steve Jobs did that, or had a hand in thinking about new products, but behind closed doors, there is a team of designers thinking and working on new product. It was true when Steve was alive and running the company and it will continue with Tim Cook running the company.
Steve Jobs was somewhat of an anomaly, at least in today's big corporations. So Tim Cook will make sure they have the right designers and marketers and supply chain managers so that they can just keep moving ahead with great new products, exemplary service and a network of stores unmatched by any rival.
Expecting Tim to be the fired-up ring master at product launches, as Steve used to be, is a waste of time and an unreasonable expectation for anyone to have. Heck, I could do a better job compared to Tim Cook presenting their new products.
Steve Jobs was somewhat of an anomaly, at least in today's big corporations. So Tim Cook will make sure they have the right designers and marketers and supply chain managers so that they can just keep moving ahead with great new products, exemplary service and a network of stores unmatched by any rival.
Expecting Tim to be the fired-up ring master at product launches, as Steve used to be, is a waste of time and an unreasonable expectation for anyone to have. Heck, I could do a better job compared to Tim Cook presenting their new products.