Just remember Sept 2012 before the split, AAPL at 700$ and experts pointing towards a 1000$ target and see what happened in reality.I'm holding out on reinvesting for now, but what do I know? I'm no expert. Although many of these so-called "experts" are often miles off target.
People like the internet. Until you come up with a way of sustaining the web that doesn't involve selling physical products or serving up ads, it seems unlikely that Google's ad business will be in any trouble.
PE doesn't mean a whole lot when revenue and earnings are declining.
And here is why the 85% Android vs 15% iOS is a fallacy. If iOS only had 15% then there would only be 210 million (15% of 1.4 billion) active devices in use. A ridiculous figure that in no way is even remotely close to reality.
The facts is that they're not declining; they're actually way up.
The larger screens of the iPhone 6 and 6+ were delayed to such an extent that the demand for that product must be seen as a blip.
The trend line traced from iPhone 5S to 6S is a very healty one.
In fact, P/E was completely out of industry average (much lower) even at the $130 peak, with surging revenues and earnings.
I'll wait until I see some real numbers and refrain from speculation. Depending on whose numbers and/or percentages are used, the actual numbers could be just about anything.
The fact is the decline is in earnings and revenue for last quarter and this quarter, year over year. Markets don't see this a blip. The see them as realities, which they are.
PE is a trailing indicator based on the last four quarters of earnings versus the current price and is an indicator of market sentiment with respect to future growth. A company with negative revenue and earnings growth can be expected to sell for low multiples. If you are going to cite PE, it helps to know what it means.
And here is why the 85% Android vs 15% iOS is a fallacy. If iOS only had 15% then there would only be 210 million (15% of 1.4 billion) active devices in use. A ridiculous figure that in no way is even remotely close to reality.
So its looking like smartphones in existance-
• 400m iPhones (approx)
• 1.4B android
Total 1.8B
World population 7.4B
about 1 in 4 of the World population own a smartphone.
The original question was about iPhones in use now. Until we don't know this figure, all the anti-Android speculations are only sci-fiI used the 1.4 billion figure that YOU provided. If you have some other numbers, I'd be glad to see them. Or do you take back the figure you quoted?
OK genius, then explain why before the iPhone 6, with all indicators pointing to a staggering success, Apple's P/E was still trailing industry average by almost 10 points. By your logic, it should have EXCEEDED it.
The answer is that market was indeed expecting a blip. As a result, today's valuation is unrealistically low (as I said earlier, it assumes Apple would shrink 95% in 10 years). In the long run, stock price will reflect the (very healthy) fundamentals, though.
No, shares have not been punished enough, it will go down more after 3Q earning results. Iphone 8 with OLED is still too far away.
The fallacy is in how this chat is being interpreted. This is 1 billion total iphone sales, Apple is not selling 1 billion phones in 2016. Apple also has a pretty signfiicant incestual market where they only sell new phones to existing users so even out of 1 billion phones sold in total since 2007 their market growth has not actually surpassed 15% of the total market of customers because they haven't had 1 billion unique subscriptions, only continuously selling new phones to existing customers over and over again.
$185 will look almost cheap some years from now. Hell, even using Microsoft P/E as a industry reference, AAPL should be valued more than $185 TODAY.
Apple has just started capitalizing on their huge minndshare and brand awareness. They will be a very, VERY different kind of company, with much diversified interests.
Also, for right or wrong reasons (I believe, wrong reasons), the stock would jump in case of a CEO succession. AAPL has some amazing potential upside; my personal target is $195 (and I'm in at around $20 post-split).
Yes, because revenue of ~$42 billion, and ~$13 billion net profit for a freaking quarter is so bad.
You are in for a disappointment of epic dimensions.
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Of course it isn't bad. It is ****ing amazing. Every other company would die for this. That said you don't seem to understand that the FUTURE is traded at the stock market – and where to go from here. Apple's sales are shrinking and missing growth is the worst thing which can happen to the stock price, even if they stay incredible successful in absolute terms.
Continuing to hold AAPL long term. Enjoying dividends quarterly on the rickety ride up.
I bet one could swim in that much amount of money!
Also, I don't really know how to swim, but I'd happily die drowning in money.. lol
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If I had one dollar for every time people in forums told me "you're in for a epic disappointment in Apple stock", I would have a lot of money.
Wait: I actually do have a lot of money as I did not listen!
Look, I know past performance is not a good or reliable indicator of the future, but an investor should a) do the homework b) follow his gut feeling and not the sheeps.
If I had one dollar for every time people in forums told me "you're in for a epic disappointment in Apple stock", I would have a lot of money.
Wait: I actually do have a lot of money as I did not listen!
Look, I know past performance is not a good or reliable indicator of the future, but an investor should a) do the homework b) follow his gut feeling and not the sheeps.