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Apple Stock Down 10% in After Hours Trading Amidst Concerns of Flat Growth
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Excel is probably the only Microsoft product that I really like... well, except the Xbox Kinect when playing games with my kids!
That said... how did a thread about Apple's stock get turned into an argument about whether Excel or Numbers is the better spreadsheet!
"$13.1 billion profit for the quarter this year compared to a $13.06 billion profit" means that the profit increased $0.04G or $40M over last year same quarter. I can see how this can be rounded down to 0, but it's positive.
You said earlier that the profits are not increasing. They're increasing barely. The rate at which the rate at which the profits are changing is negative, yes. If this were to be extended, Apple's profits should start decreasing eventually then go negative even later, but you can't really do that with any sureness.
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Care to list out those industries? I've given examples of where Excel faceplants but there has been suspiciously little talk about Excel. Hmm. I wonder why.
Well I'm going to let you get back to using your industry standard blackberry phone!
Excel is probably the only Microsoft product that I really like... well, except the Xbox Kinect when playing games with my kids!
That said... how did a thread about Apple's stock get turned into an argument about whether Excel or Numbers is the better spreadsheet!
Oh some troll post trying to explain why Apple is doomed. It (of course) listed Numbers as a reason why Apple is failing and we'll see them go bankrupt any day now. I felt the discussion was more fun than the little financing contest going on in this thread so I decided to ask some questions. And ta da.
Excel is probably the only Microsoft product that I really like... well, except the Xbox Kinect when playing games with my kids!
That said... how did a thread about Apple's stock get turned into an argument about whether Excel or Numbers is the better spreadsheet!
Somebody started a post saying how to fix the various aspects of Apple, highlighting iWorks offerings. Somebody else defended iWorks and made it sound like Apple's offerings were already superior to the Office products.
Personally, I've never had an issue with Office products, and as good as Keynote is, it still suffers from pretty significant compatibility issues.
Basically, I responded to a thread derailment and contributed to such tangent.
Norman and Angevin England (10661216)
"In 1194, as part of the attempts to raise Richard's ransom, a 25% levy on all personal property and income was imposed".
-Bartlett England Under the Norman and Angevin Kings
I wish I was paying these rates
The rate of growth is negative. That was my point. The absolute number is (damn near) flat.
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Nope. You should have sold several months ago.
But it is not too late.
Can you at least represent my post correctly. Please reread it. Oh I forgot, you can't make an argument without resorting to Artie MacStrawman. I mean, it isn't like I would ever say that Excel does some things well and Numbers other things well and both suck in quite a few ways that other programs are better. Nah.
See, you're just so predictable. Can we have a more fun argument than retreading the tired argument of Keynote vs Powerpoint inter-version compatibility?
I think I'm well on the way of proving you can't read and are a robot copying and pasting with no comprehension.
You have never played Age of Empires II, one of the greatest PC games ever, then. That's my favorite MS product even though it's really some other companies that got rebranded by MS. Excel is also good but crashes too often.
Wait, the crescendo is just around the corner.
Bravo
Are you going to address my example of the sciences ever? No really, just let me know if you're just going to refuse to address my argument so I can move on to something more fun than listening to a robot.
I'm not going to argue with you about Excel vs. Numbers in sciences, because I don't know what you mean. The science industry? No such thing. That's far too vast of a concept to pinpoint specifically. Presentation of scientific findings? I can see where pretty Numbers graphs would come in handy. You need to be far more specific about what you mean about "the sciences".
But you don't understand, in the slightest, what my argument is. iWorks is seldom used in the workplace in the vast majority of industries. IT departments don't utilize it, and such, their companies collectively don't adopt it. They adopt Office, and because of this, for compatibility sake across different industries, everyone pretty much sticks with Office. That's a very simple concept to grasp, and it isn't one that is easily rebuked.
You beat me.
I was late to the party & got in at $20.
But I stayed the course & loaded up on shares. Even in the dark days when it looked like they might fold, I kept buying. A few years ago I made a promise to myself if they ever crested $700 I'd sell.
Mid September 2012 when it hit my target, I sold.
Wow what an experience.
If you truly care (and I seriously doubt you do) my posts that you oh so eliquently declined to comment on previously outline the positives and negatives. You know, the same post you said was me saying that Numbers was 100% superior to Excel. Just a thought, bit hard to do a 180 when you've proven yourself to be unreasonable.
The argument that I was originally responding to was that Numbers was in part the reason for Apple being doomed etc... That argument makes a series of assumptions that are questionable at best. You then come in and latch on to the argument that the IT department that I'm betting you are a part of should make the purchasing decisions for everyone. That is somewhat funny considering you admitted you have no idea what is needed by a variety of users.
So answer me this, how can you claim to understand so much when you aren't demonstrating this understanding here? I'm betting you will sidestep this issue and say you don't need to respond because of reasons so have fun.
For my purposes, Excel is superior in pretty much every way I use it. This is called "anecdotal evidence". I'm not willing to cut Numbers slack because you prefer it; it's a poor product for my needs, and that's how it's judged on this end. I'm sure there are individual components of the software that are superior to Excel, such as the overall UI, but it falls so short on usability and advanced quantitative analysis, which should be the primary focus of the software. It's woefully behind Excel in these regards.
And if you want to defend Numbers as better for "the sciences", you really need to define what "the sciences" is. That's still a vague term.
1. I don't work in IT. I call people in IT to make my life easier.
2. You didn't dispute the overall industry adoption rate of iWorks vs. Office.
3. I live and work in the real world. I've worked in a number of different industries with different business goals, customers, clients, and necessities. The common theme between all of them is that they all use Office, and none of them use iWorks. That's my point in terms in industry standard that you fail to comprehend. This is not an assumptions without basis; this is a fact. Some studies have it with over a 90% market share. In fact, it's a fairly safe assumption that Google Docs is the true #2 office suite in the workplace, and not iWorks.
You want to argue subjective details about the two softwares? I'm not going to engage in a point-by-point breakdown of them. Feel free to do so yourself, but I will not be joining you. I'm simply telling you the realities of user adoption in regards to these two pieces of software.
You want to know something about iWorks, Numbers, Pages, Keynote....everything about Apple's office suite offering? It will not impact Apple's future in the slightest, for better or worse. It isn't a necessary piece of software like iOS or Mac OS X that could make or break a product line; it's an optional installation.
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Excel is probably the only Microsoft product that I really like... well, except the Xbox Kinect when playing games with my kids!
That said... how did a thread about Apple's stock get turned into an argument about whether Excel or Numbers is the better spreadsheet!
I had to sell my Kinect, if just because of inactivity. To me, it reeks of casual gaming, which is why I could never get into the Wii. Give me something a bit more involved and time consuming.
Market expects bigger things from Microsoft
At wednesday's current share price, before the almost 10% drop, Apple's P/E is 11.64, while Microsoft is at 14.92.
This means that the market expects bigger things from Microsoft. As I understand it, the market is saying that Microsoft is expected to grow more profits than Apple moving forward.
This seems unlikely.
There's a kind of crazy built into AAPL stock now. It was a lot easier when Apple was just another tech company that was doing quite well. Now, being so big, I'm guessing everyone is over-analysing it, and the result seems to be a stock price that makes no sense at all.
At wednesday's current share price, before the almost 10% drop, Apple's P/E is 11.64, while Microsoft is at 14.92.
This means that the market expects bigger things from Microsoft. As I understand it, the market is saying that Microsoft is expected to grow more profits than Apple moving forward.
This seems unlikely.
There's a kind of crazy built into AAPL stock now. It was a lot easier when Apple was just another tech company that was doing quite well. Now, being so big, I'm guessing everyone is over-analysing it, and the result seems to be a stock price that makes no sense at all.
I'm fine with you using technical analysis, such as resistance and other stuff to justify your analysis. But don't even try to pretend that technicals have any fundamental basis.
But are you serious that the P/E is way too high? Are you seriously calling a P/E of 11 too high? And no growth and a tiny dividend? How much did Google grow. What's their dividend? (Hint: None) Look up the numbers for Amazon. How much have they grown? What's their dividend? Now what's their P/E.
This is actually EXCITING times for AAPL investors! The company is fundamentally, ridiculously strong. Forget what analysts say... lots of them are market manipulators preying on emotional investors. Don't listen to them! Look at the big picture. Look at Apple Inc, what their philosophy is, the quality of their products and consumer interest. The ONLY questions you need to ask yourself is... do you agree with the way they run their business and do you see them bringing out some new innovative tech in the short term which would be attractive to consumers?
Everything is, in fact, sunny.
Everything is, in fact, sunny.
A zero dividend is not necessarily a bad thing. Google isn't artificially inflating its attractiveness to investors by issuing out its cash surplus.