Got a tip for us?
Let us know
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.
Apple Reports Record-Breaking Q3 2011: $7.31 Billion Profit on $28.57 Billion in Revenue
- Thread starter MacRumors
- Start date
- Sort by reaction score
Why oh why didn't I buy a month ago when shares were trading at $315?
whew I'm glad I didnt sell at $315... I got in at $240 and contemplated selling around $315....
Not at all, actually. My post is more of a self-focused one as there are a large number of people in this country who believe our system has failed. A vocal minority of Americans have gone as far as to call on caps for both pay and profits. My post was more directed towards them.
Good one, LTD; but is it 40,000,000 or 400,000,000?
Looks like my estimate might be too conservative, given what we're seeing. I actually more or less went with original estimate Apple had for computers back in the day.
This is the fourth quarter in a row that Apple has broken some sort of its record. This, in addition to technical data available, again shows that AAPL should be trading above $500 if it were not for the CEO's health concerns.
It also makes me think that should any sort of corporate governance change suddenly, the current stock price will not fall as drastically as some predict.
It also makes me think that should any sort of corporate governance change suddenly, the current stock price will not fall as drastically as some predict.
I know Apple uses their treasure trove of cash to secure "key components", but after a certain while (which is probably now), they have more than enough...so what else could Apple do with the money?
While there's a lot they COULD do with their war chest it ultimately boils down to this: They can take risks.
They're opening something like one store every two days for the next two (or is it three) months. They've just built a massive data centre for iOS and have the option to expand it (relatively) rapidly if required. They can afford to secure vast swathes of components even if they're not100% sure they will use the capacity they're buying and, in doing so, take that capacity away from rivals. They can introduce new products (like the iPad) and commit a LOT of resources to it because it doesn't matter if it flops, at least in money terms. They can move OS X delivery to the App Store and slash the price to a quarter of previous major OS X releases. They can make OS X server available for $50 instead of the hundreds of dollars their competitors think they can charge for a server licence. And on and on and on...
Of course they can also decide to grab a very big name should they choose but, at the moment, it's difficult to see anything that would really make sense. The simple fact is right now they don't need anyone else and any major purchase of another company would risk weakening both. Plus there's the uncomfortable problem of what will happen when Jobs leaves, having a ton of cash on hand for that transition might not be a bad idea.
I thought the Mac was a third of their revenue? The MacRumors graph says otherwise, does it not?
Hoooowly shist.
One of these days Apple's economy is going to overshadow what's left of the US economy.
One of these days Apple's economy is going to overshadow what's left of the US economy.
Not necessarily - channel inventory of 4-6 weeks is Apple's target for these things, for a long time.
Apple is not an economy. It's part of one, sure, but it's not an economy within itself.
You might say that Apple will overshadow nearly every other company in terms of raw financial performance. Which is already the case.
Agreed. I can't really see them buying anyone right now. Thanks for the reply.
