That's what I'm saying: people didn't expect the iPhone or the iPad to have a big impact on Apple's growth either.
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Apple Reports Best Quarterly Results Ever in Q1 2013: $13.1 Billion Profit on $54.5 Billion in Revenue [Call Ended]
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That's what I'm saying: people didn't expect the iPhone or the iPad to have a big impact on Apple's growth either.
It might be instructive to list a few large companies selling at PEs of less than 10. They are mainly banks and oil companies.
Based on these numbers? I don't think so.
Oh btw, down 4+%...
LOL, closer to -10% actually.
We can forget cash on hand, as that's meaningless to investors.
Unless you are planning to buy the entire company.
I'm hoping my January 2014 call on apple @600 gets back into the money. I got greedy and didn't sell above 700.
I feel Apples future is very positive. They might introduce a iTV this year which would be quite groundbreaking. I fully expect them to improve their services and data centers. Apple Maps will be very solid in less then one year. I feel that iOS 7 is gonna be a big software update for iOS
Doubleline CEO Jeff Gundlach calls Apple a "broken company". I can see people being dour about Apple's growth prospects, but how on earth do you call a company with $137.1 billion in cash, quarterly profit of $13 billion, and the highest profit margins in the industry, "broken"? Is he expecting them to just stand still and not make anymore products?
HobeSoundDarryl
macrumors G5
So are you saying that you would expect an Apple Television to have as much of an impact of ramping up Apple's growth as the iPhone and iPad did when they were rolled out? It reads like that.
If so, what about a television is going to motivate the masses to replace it about every 2 years or so? Television margins are razor thin; can Apple get it's margin on a television... from the masses (not just the crowd that hang out here)? Unlike iPhone and iPad, if there is a $99 or so stand-alone box that delivers the whole software experience of the new television on anyone else's television, the hardware will need to stand on it's own. If we could buy iOS or OS X and install it on any mobile device or computer hardware, do we believe that Apple hardware would sell just as well? Etc.
I don't think the TV rumor can be a "next big thing" on par with how much iPhone and/or iPad drove Apple growth for these and other reasons. I'd love to be wrong about this. In my own case, if a $99 box brings the software experience, I'll buy the $99 box and attach it to the television screen I already have (and likely will have for the next 7-10 years). It's hard to imagine even Apple coming up with a way to motivate the masses to switch TV buying frequency from every 7-10 years down to every 1 or 2 years (which is a big driver of much of the money made in iPhones & iPads: upgrades)
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Too bad you didn't buy protective puts at $600-$650 back then. They'd be worth a lot right now.
Which company, in your opinion, should be the world's most valuable company? Inquiring minds want to know.
Hmm, so everyone insisted AAPL would be at $2000.00 or more within a year.
Really?
Or more appropriately:
No.
But it does prove that you do not understand it.
Jim Cramer and "market manipulation": http://youtu.be/GOS8QgAQO-k
Do you also still insist that Armstrong didn't dope?
I highly doubt 50% of the iphone sales were the 5. Verizon reported 3.1M iphone activations for the quarter. You can expect AT&T to be around the same. So that's ~6.2M. There are some people that buy without contracts so probably bump that up to say 6.5M. So you're telling me they sold 17.5M iphone 5s to the rest of the world?
I'm saying we don't know. The iMac didn't have a floppy drive or a parallel printer port. Predicted flop. The iPod was too expensive. Predicted flop. The iPhone was too expensive and had no physical keyboard. Predicted flop. The iPad was just a big iPhone. Predicted flop.
Bottom line: we don't know just how disruptive an Apple product can be until Apple actually makes it. Could an Apple television be a huge money maker? Absolutely. Do you have any idea how many horrible TVs with horrible interfaces tied to horrible cable boxes with horrible interfaces there are in the world?
This is what's bad about buying Apple stock now. We're never going to get back to $700. What news or development would cause it to go back there? I don't think an Apple TV would do it, unless they price it less than 1K. Instead, the stock is going to piddle around 500-600. The only way you would make money Apple stock now is if you had the money to buy a boatload. Otherwise, until they start paying out dividends regularly, it's a no buy.
Television margins are razor thin because there are no products worth a premium price.
You know what else has razor thin margins? PCs. But guess who's the only one making money in PCs? Apple.
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I'll take that bet. I've heard this one before, at many price points way below $700.
Don't say that, I'm looking at apple down 10% right now. lol.. But I'm just gonna ride it out for another year.
should have bought netflix, up 35% today
No not at all I have no idea why it's crashing. Most companies stock would skyrocket if they made 13 billion dollars in 3 months. But I was reply to "they only had a .003% growth since last quarter.
HobeSoundDarryl
macrumors G5
Yes I do. But if an Apple television is going to solve the "horrible interface" issue and the "horrible cable box" issue, then it's got to be much more than a great television... and it's got to get all of the media providers on board to give Apple a better deal to sell to the market than people get with cable/satt now (and let Apple take their 30%+ cut)... and that's probably delivered through broadband pipes owned by the "horrible" cable companies who like things "as is". There's so many holes in the grand dream of Apple revolutionizing television that it falls apart pretty quickly when viewed objectively. The grand version of that dream depends on too many other players over which Apple has no control that don't want to give their very profitable "as is" businesses to Apple.
And again, I said nothing about an Apple TV being a flop or a dud... I made a point about it's relative impact on driving record growth as the iPhone and iPad did. I'm not putting down the idea of an Apple TV at all. I simply wrote that I doubt that a TV is a next big thing on par with iPhone or iPad in terms of it's growth impact for Apple revenues & profits. In other words, I welcome an Apple television but I think the "next big thing" that is so desperately needed is probably something else.
It's not the TV itself that matters, it's the business model behind content distribution on the TV that they'd need to implement to disrupt the market. Kinda like what they did with the iPod. It was a premium MP3 player. But in putting out the iPod, they also landed deals with the big 4 record companies, created iTunes as a distribution hub, and made MP3's a better value proposition to consumers than CD's. The iPod was just a vehicle and all the other stuff is what made it successful.
I'd expect them to do the same thing with TV if they're smart, screwing with the cable companies and changing the business model behind TV content distribution. If they do, I'll buy AAPL again because they'll have another return driver. But I've been waiting for a TV announcement for awhile and at this point I have no clue if they're ever gonna disrupt another market again.
Good thing I dumped this at $560 for a -10% loss. Bought uranium instead. Returns at 13%+.
AAPL vs NOK stock since announcement and launch of Iphone 5:
http://www.google.com/finance?q=AAPL+NOK&ei=3HkAUcCNOpLPqQH73wE
AAPL vs NOK stock since announcement and launch of Iphone 5:
http://www.google.com/finance?q=AAPL+NOK&ei=3HkAUcCNOpLPqQH73wE
Samsung sold 18 million Galaxy S3 in Q3. They sold 30 million by November 2012. So they definitely sold way more S3 total than total numbers for iPhone 5. And people usually stop buying iPhones in Q1, Q2 and Q3 waiting for a new model.
HobeSoundDarryl
macrumors G5
Just think of the opposite sentiment play. Everyone was thoroughly bearish on Facebook all the way down to it's low and now it's closing in a double from that low.
Someone buying Apple this week would need AAPL to rise all the way to $1000 to get the same double.
Not showing any love to FB at all but it is important for stock buyers of AAPL to separate their loyalty from Apple as a company. One doesn't have to cling to AAPL shares like one clings to an iDevice vs. all challengers. Loyalty to a falling stock has wiped out a ton of paper profits on many companies over the years. There's plenty of fish in the sea.
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