Apple Posts $295 Million Profit

[wwworry]

the flags that have raise my red flags are
how much has the stock increased over the past year? several 100% I believe

How much has the proffic increase over the past year? again a few 100%

How much as gross income increase? I think it under 20% but dont hold me to 2 it. but I know it no one keeping pass with the profic increase.

Those are where my red flags are coming up. It seems well to good to be true 9 time out of 10 when something is 2 good to be true general it is.

Except you have to look at that starting point of last year. There are many that say that the stock was way undervalued at that time. There was a time not so long ago that the stock was worth LESS than the cash they had in the bank. Meaning you could buy all the stock, take the money out of the bank, leave the rest and still make a profit.

But stocks are usually valued by future earnings potential. For instance Toyota is valued more than GM which is a much larger company.

The only thing I would worry about with apple is that day when everyone has an iPod. Maybe they were smart to make the batteries hard to service. But I think there is a lot of room for growth in CPU sales. Almost everyone I know with a mac would be getting an upgrade if they bought a mini.

 

[xsnightclub]

I looked at that attachment of yours, but I guess Apple will show higher growth-rates than that. Why? It will eat into Wintel-sales!

You are quite right. I was going off estimates from a Nov 22,2004 article as I said. I have found an article dated today from Globeandmail.com in their Tech section. http://www.theglobeandmail.com/servlet/story/RTGAM.20050115.wapple-cover15/BNStory/Technology/

'According to financial results released this week, sales of Macintosh computers jumped 26 per cent compared with the year-earlier quarter — double the growth rate for the rest of the computer business. For the first time in eons, Apple is gaining market share.
"The company could have begun a market share breakout story that could last for the foreseeable future," Steven Fortuna, an analyst at Prudential Equity Group LLC wrote in research note last week.'

'But investors can take heart from the company's balance sheet. Apple's cash increased by $1.5-billion in its most recent quarter and now stands at $6.5-billion or a whopping $15.40 per share — all with no debt.'

The article is good reading and even begins with reminiscing of how 'Expert' Michael Dell predicted the demise of Apple Computer.

Dude, you're eating crow.

 

[jaredbbauer]

You need to go back to school

to me this raise some major red flags. It just seem to much of an increase for one year time spand. doing double digitigs % increase is high but doing triple jsut seems like something questionble is up.

I just like to say remeber enron and they where doing great and where stating this very high profit margins. Everyone believe them for a while now you have to wonder if apple is really starting to watch there stock prices and trying to make sure they keep rising by ajusting there books somewhatly. (there are tons of little dirty accounting secrets that allow for this and remember apple is for making money first and for most and high stock prices help them make more money)

You have got to be kidding me!! Have you ever taken an accounting class or economics? Or really actually studied what happened at Enron? Go back... do your research... then try again and hopefully you won't sound so "ignorant".

 

[timster]

begins with reminiscing of how 'Expert' Michael Dell predicted the demise of Apple Computer.

Dude, you're eating crow.

Yes, I believe the quote was: "They should close the doors and give any money left back to the shareholders."

God I hate Dell's cheap gray ****, and I hate it when all the people around here buy Dell monitors to plug into their Macs!

 

[gwangung]

the flags that have raise my red flags are
how much has the stock increased over the past year? several 100% I believe

How much has the proffic increase over the past year? again a few 100%

How much as gross income increase? I think it under 20% but dont hold me to 2 it. but I know it no one keeping pass with the profic increase.

Those are where my red flags are coming up. It seems well to good to be true 9 time out of 10 when something is 2 good to be true general it is.

remove the I love apple blinders everyone has on and think if some other company pulled an increase like apple did. not one that you really cared about but saw those type of increase. what would you think? it should raise a few red flags to you.

Please don't be so simple minded. Your conclusion does not, in any way, come from the arguments that you make. (And, by the way, your figures are totally incorrect)

Try again. And take into account the new products introduced over the last three years.

 

[Eastend]

Please don't be so simple minded. Your conclusion does not, in any way, come from the arguments that you make. (And, by the way, your figures are totally incorrect)

Try again. And take into account the new products introduced over the last three years.

Whatever, all I know is the guy who is right across the hall from me here in the office, he makes day trades. The other day Apple had a double digit per cent increase in stock price, he made a killing. I gave him my congratulations, believe me he was soooo happy.

Brian

 

[CandyApple]

Apple Profit = Flippin' Sweet

Hey guys, first post. Lurked for awhile but I thought, hey, why not supplement my regular social interaction with e-comradery.

Back in 99', when I was in college, me and a buddy started a web design company and we went at it for about a year. We actually made good money and in 2000 I decided to invest the bulk of what I made into Apple.

Everyone thought I was crazy (parents, friends, everybody). My buddy took his share and put it in to Merck, and in his first year made over 40% return. I made like -25%.

For three long years I wondered if in fact I was crazy as my belief in Apple as a company allowed me to watch my money dwindle as the stock took a rollercoaster ride downward. I though about selling for a loss many times, but every time I tried, my roomates Flower Power iMac would disperse a pollen that made me nauseous.

So, anyhow, by now you know how the story turns out. Each share I bought at $21 bucks is now worth $70. And each share of my buddies Merck that he bought at $75 is now worth $31.

And with all the riches I made I bought a Mac Mini, a Shuffle, and my buddies wife.

So long live Apple (and screw Michael Dell), and everyone who bought back in the years when it wasn't so clear they would make it, may they reap the profits. (And reap them like right now, seriously. It's too good not to sell at least a little. You know, for a trip to Vegas.)