You predicted below 400 when the stock was already around 430. Congrats on predicting a drop of 30 dollars. You really went out on a limb there after it already had fallen from 700.
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Apple Stock Price Hits Lowest Levels Since 2011, Falls Below $400
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You predicted below 400 when the stock was already around 430. Congrats on predicting a drop of 30 dollars. You really went out on a limb there after it already had fallen from 700.
All I have to say is, if iOS 7 isn't a major leap forward then its only going to keep going down! No Apple TV, OSX 11, iWatch is going to save them as the big market is Smart Phones/Tablets. They really need to step up their game with iOS, otherwise the ship will sail without them.
In the past, being all secretive and revealing it all in Keynotes worked for two reasons:
- Steve Jobs knew how to host a Keynote. It's more than just presenting numbers on a huge display, it takes great showmanship to make a great Keynote.
- Apple only had two competitors worth speaking of: Microsoft and Open-Source folks (Windows and Linux). Microsoft had strong marketing but poor presentations that turned out not only awful most of the time, but even backfiring in a few occasions. Windows releases were not even yearly events, giving time to Apple to compete on a equal footing. Open-Source had no marketing to speak of, outside of companies like Red Hat. And while open-source has been extremely successful, in the past it was almost always confined to the server side, not the client side.
Today, since Apple's primary income is the iPhone and iPad, Apple's competitors are cellphone and media devices companies, which are used to put out multiple updates of dozens of models every year. The only way for Apple to keep up is to release a new iPhone every 6-8 months or so. In that regard, I'd say they're too slow.
The other problem is Android, which is a double-edged sword. A lot more people can design for it, so innovation is faster but at the same time we've all seen the fragmentation problem. Apple introduced their own problem with the taller screen of the latest iPhone but it's nowhere as bad as on Android.
But aside from releasing an iPhone update every 6 months instead of every year, I'm not sure what Apple can do. Software development is now a patent mine field and adding more display sizes would only fragment the platform even further. Except if they accept to take a dive in the DPI departement, in which case a bigger iPhone would still have the same resolution as the smaller ones. Everything would just "still works". Seems to have worked okay for Nintendo with the DSi XL.
No I did not get it from Yahoo. So I don't give a **** if they are wrong.
So how much is enterprise value for shareholders? over 385 billion? What did I write?
and actually if you wanted to buy out all share holders today you would have to pay market price for shares, that is about 400 us per share not 270. and you call my analysis nonsense, really? part of the enterprice value is the cash that apple has not minus it, it's part of its assets or the contrary applies as well but not always.
Market value is that is market value not net, it is what the market dictates, and a lot of companies that have a lot of liabilities have been much more appreciated than their enterprise value. So liabilities might impact market share price but not always and much less when they report ever larger earnings even if their liabilities grow with them and and their earnings are false.
Here is the nonsense analysis
It is outdated but since apple has more cash then it is above 385B
It is outdated but since apple has more cash then it is above 385B
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So... have you bought AAPL now then?
Here's a link: http://www.marketwatch.com/story/cirrus-logic-gives-weak-forecast-shares-slide-2013-04-17
To me, it looks like Apple is stepping up release of the next iPhone. Cirrus got caught holding all the excess inventory while Apple moves to a new audio chip ahead of previous schedules.
But there's also this:
which is less than a stellar forecast for Apple, but probably within ramp up times. Read the article.
About $270 billion.
So you clearly don't know what enterprise value means.
To buy all the Apple shares, you'd need to pay $400 billion. But you wouldn't have to own $400 billion, only $270 billion, because your $270 billion plus Apple's $130 billion is enough to pay $400 billion to shareholders. You would then own the company with no cash and no debt.
If another company X had $140 bn market caps and $130 bn debt, then with $270 bn you could buy all the shares ($140 bn) and pay off the $130 bn debt (that's the rest of your money) and own that company with no cash and no debt. That company X would have the same enterprise value as Apple.
"Enterprise value" values the business. Apple's business is worth the same, whether they have tons of cash, or hundred billion debt. The company is worth more because they have cash, but not the business.
People like you are exactly whats wrong with the tech media today. "Stale, boring, etc." How about, "works great, don't change what isn't broken, stable and intuitive for 6 years now." Apple started with a gem and nailed most things right out of the gate (keep in mind, while at the same time being the first to venture into these uncharted territories. They didn't have the luxury of seeing how well these ideas worked prior to themselves actually doing it and learning on their own).
And don't even start with screen sizes affecting Apples STOCK PRICE.
You know, its sad when the level of intelligence in the media is about at the same level of regular trolls on message boards.
Apple's market cap at $400/share: about $375B
Apple's cash at the end of 2012: about $137B
Apple's profit per year (in 2012): about $42B
Years until they can take themselves private, in cash: less than 6.
Not having to listen to shareholders complain about record profits: priceless.
Apple's cash at the end of 2012: about $137B
Apple's profit per year (in 2012): about $42B
Years until they can take themselves private, in cash: less than 6.
Not having to listen to shareholders complain about record profits: priceless.
No - that is an overused / overvalued comment. Tim Cook and Apple leadership is the real problem.
So there are all these new, innovative and exciting products on the roadmap that Steve left but neither Cook nor any of the other SVPs know how to bring them to market? And yet this is the same executive team Steve built (minus Forstall) and Cook is the one he recommended to be CEO?
So what is your point? Steve made huge mistakes with Scully and now Cook. We should not be saddled with Cook simply because Steve supported him.
And remember, a road map is probably somewhat general. It has to be operationalized with current technology, what the competition is doing, other developments. Think about the Adobe LightRoom announcement vis a vis the Aperture bug fix update. That may be a good summary of Apple's current problem - a huge vacuum of good news and exciting / magical products = stock price cratering - very low confidence, as Chupa Chupa pointed out - in Cook & team.
Maybe its best for them to not listen to the customer. Listening to your customers can have its consequences.
Now that's more like it! I don't call many things in life, but totally called that one, to the chagrin of many.
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When there was not one single soul on here making the same easy prediction then, huh?
What I was asking Limboistik is if he bought the stock at $650 while it was going up or at $650 while it was going down.
Though I hope it's back on it's way up then.
With tech, things always change quickly, that's the nature of the beast. You either sink or swim. Right now Apple seems stuck and confused, Android is out innovating them and plus they got Windows Phone 8 and Blackberry 10 that's starting to compete with them. It will only get worse for Apple going forward.
So Cook and the executive team are a bunch of duds. What do you suggest happen? Should the board fire Cook and other executives? And if they do bring in who?