Apple Surpasses $300 Billion in Market Capitalization

[NebulaClash]

All tech is dying. While streaming is the future, its just not there yet. Until we have 100 mbps lines w/ no data caps as an 'average' for users, it will simply be unable to match BR in IQ. Since this Nirvana is nowhere in sight, why not give the option for BR drives?

Evidently because of the licensing headaches for a dead-end technology.

I'm streaming today. I bought my last disc. My backups are in the cloud. So while I recognize some folks may not have my tech solutions, and are thus stuck with plastic, it's not the wave of the future. Blu-ray is a solution, but not for too much longer. Tech moves fast.

People still like to own things, I think. Personally if I love a movie, I'd rather own a copy than stream it. The stream might not be available five years down the line, but my Bluray will still play.

There will always be a market for movies on disc.

No, the market for movies on disc will die. Discs wear out, by the way, so you check five years down the line and your Bluray might not play as you thought.

 

[OllyW]

No, the market for movies on disc will die. Discs wear out, by the way, so you check five years down the line and your Bluray might not play as you thought.

My 25 year old CDs still work as well as the day I bought them. My 10 year old DVDs still work as well as the day I bought them.

Why do you think Blu-ray will be any different?

 

[JGowan]

Take me with you, please!

Me, too!! If I would've gone all in at the time with $100,000, the 12,500 shares would be worth $4.1M now. Wow. If I had only known.

 

[*LTD*]

Nope, it was a known issue weeks before it occurred. While bugs are to be expected, so are fixes to KNOWN issues. Apple knew of the bug, had the ability to fix the bug and had the capacity to disseminate the fix via iTunes.

What did they do? Nothing, and that is the ridiculous part here.

It's an alarm. That's it. It's certainly no showstopper. An annoyance? Absolutely. Cause for artificial and inflated complaining because you're looking for something - anything at all - to ride against Apple because they've absolutely shellacked the competition in tech for years now? Absolutely not. Sorry pal, Apple will *still* get special treatment because of everything else they've achieved and put into their products. I'm perfectly willing to overlook an annoying alarm bug if I get to run iOS on Apple hardware that is for the most part a standard-setting experience.

Meanwhile . . . not only is Android already going the way of the old Windows Mobile in Google's race to the bottom along with the also-rans, but they appear to be living up to their always-in-beta reputation. Such a reputation is usually a bad thing, even worse when it comes to something malicious:

http://www.phonedog.com/2010/12/31/android-sms-bug-not-a-high-priority-for-google/

SMS is a persistent problem for Google anyway. I'll take an alarm bug over that any day.

 

[gr8whtd0pe]

Nice start Steve Jobs
We did well last year
Lets keep it going
Trading both ways though
How about a 4 to 1 stock split
I know - just dreaming

+1

A small dividend (<1%) wouldn't hurt aapl too much and might satisfy the dividend bugs and legitimize aapl for the oldtimers.

A smarter use of the money would for a share buyback.

JMO as a long time aapl investor.
JohnG

Yeah no kidding. I'm tired of my .35 check from Disney every year lmao.

 

[OllyW]

To-Do List
Invent Time Machine
Travel Back to 2001
Invest in Apple @ $8/share

Take me with you, please!

Me, too!! If I would've gone all in at the time with $100,000, the 12,500 shares would be worth $4.1M now. Wow. If I had only known.

I'd just sell the time machine, it would be worth more than Apple.

 

[Full of Win]

Evidently because of the licensing headaches for a dead-end technology.

I'm streaming today. I bought my last disc. My backups are in the cloud. So while I recognize some folks may not have my tech solutions, and are thus stuck with plastic, it's not the wave of the future. Blu-ray is a solution, but not for too much longer. Tech moves fast.

I've been streaming for a while as well. Back in the day I had to use bootcamp to stream NetFlix. However, for all of the advances in the technology from Apple in the field, I have yet to see it match a 1080p stream from a BR disk. While BR may not be the wave of the future as you put it, it is still the best IQ solution in the hear and now.

 

[lars666]

And once again a MacRumors thread with a total different topic quickly transformed into a Blu-Ray-discussion ...

 

[paul4339]

Not to rain on anyone's parade but you should look deeper in the numbers to see how warranted a stock price is.

Ticker P/E DivYield
AAPL 21.76 0.00%
MSFT 12.09 2.30%
XOM 13.21 2.40%


Note that Apple has nearly twice the price to earnings ratio of Microsoft and Exxon Mobile. Also, both Microsoft and Exxon pay dividends which Apple does not. At some point Apple will have a bad streak and then their price will either drop or stall until the P/E is back within industry norms. Read up on bubbles if you don't think so.

Just for disclosure, I actually own several K$ in Apple by way of Powershares QQQ (ticker: QQQQ) which is currently 20% Apple. I don't want to see it drop but it likely will at some point.

Growth stocks usually trade at higher P/E's.

with regards to aapl,

http://www.ibtimes.com/articles/93080/20101216/apple-stock-predictions.htm

mentions (quotes from Bloomberg) that similar brands trade at 40, 60 or even 80 (?!?) times earnings (although i would have a problem with paying 40x earnings for a growth company this size).


P.

 

[JaSuS]

Cut all the Blu-Ray talk...because it's useless....The world is evolving no more cds, dvd, blu-ray....Everything is available for download and that's where everyone is heading....Steve Jobs is smart!

I'm in a third world country by the way...ask someone here what is blue-ray and they look at you like a physic! Ask em about downloading music, itunes store etc and they say

 

[NebulaClash]

My 25 year old CDs still work as well as the day I bought them. My 10 year old DVDs still work as well as the day I bought them.

Why do you think Blu-ray will be any different?

From experience, which evidently differs from yours. You are lucky.

 

[OllyW]

From experience, which evidently differs from yours. You are lucky.

No not lucky, I just look after my things. There's nothing in the playing mechanism to physically wear out an optical disc, any damage is due to poor handling.

 

[Pink∆Floyd]

No not lucky, I just look after my things. There's nothing in the playing mechanism to physically wear out an optical disc, any damage is due to poor handling.

My point exactly.

Just insert CD, take CD out, place in case, done

 

[NebulaClash]

Good for you two. Now tell that to all the people who are routinely careless with their possessions how its their fault that their discs are unreadable.

 

[gnasher729]

Nope, it was a known issue weeks before it occurred. While bugs are to be expected, so are fixes to KNOWN issues. Apple knew of the bug, had the ability to fix the bug and had the capacity to disseminate the fix via iTunes.

Where does this information come from? If it had been known weeks before, surely it would have been posted on MacRumors.

We know do what Steve thinks about Blu-ray. He called it "a bag of hurt" (his actual words) during a product launch on 14 October 2008.

"A bag of hurt" refers exactly to what I said: Ridiculous DRM requirements and licensing issues. Which is completely independent from what Steve Jobs thinks about the technology itself.

 

[Veri]

Trading existing stock which isn't likely to pay dividends is as rational and beneficial as betting on a horse. Value is determined by trader demand, not necessarily by anything the company does, and stock value is not necessarily of any benefit to the company.

 

[poblack]

Not to rain on anyone's parade but you should look deeper in the numbers to see how warranted a stock price is.

Ticker P/E DivYield
AAPL 21.76 0.00%
MSFT 12.09 2.30%
XOM 13.21 2.40%


Note that Apple has nearly twice the price to earnings ratio of Microsoft and Exxon Mobile. Also, both Microsoft and Exxon pay dividends which Apple does not. At some point Apple will have a bad streak and then their price will either drop or stall until the P/E is back within industry norms. Read up on bubbles if you don't think so.

Just for disclosure, I actually own several K$ in Apple by way of Powershares QQQ (ticker: QQQQ) which is currently 20% Apple. I don't want to see it drop but it likely will at some point.

Apple may have a PE of 21 but they have over $50 billion in cash.

 

[sbb155]

They are investors, they have no interest in Apple other than making money.

Yeah, but they are still the owners. So people who own the company dont buy the product... it is odd for a product that everyone has (a computer I mean)

 

[Jeffacme]

"Originally Posted by StuffOfInterest
Not to rain on anyone's parade but you should look deeper in the numbers to see how warranted a stock price is.

Ticker P/E DivYield
AAPL 21.76 0.00%
MSFT 12.09 2.30%
XOM 13.21 2.40%


Note that Apple has nearly twice the price to earnings ratio of Microsoft and Exxon Mobile. Also, both Microsoft and Exxon pay dividends which Apple does not. At some point Apple will have a bad streak and then their price will either drop or stall until the P/E is back within industry norms. Read up on bubbles if you don't think so.

Just for disclosure, I actually own several K$ in Apple by way of Powershares QQQ (ticker: QQQQ) which is currently 20% Apple. I don't want to see it drop but it likely will at some point.

Growth stocks usually trade at higher P/E's.

with regards to aapl,

http://www.ibtimes.com/articles/9308...redictions.htm

mentions (quotes from Bloomberg) that similar brands trade at 40, 60 or even 80 (?!?) times earnings (although i would have a problem with paying 40x earnings for a growth company this size).

P."


Apple' average P/E for the past five years is 25.7 back out the cash and it trades a roughly the same P/E as the S&P 500. Throw in the accelerating revenues and margins and it is still cheap.

Want dividends buy Verizon 5.45% yield and getting the iphone soon.

 

[z3r0inc]

they need to do a 2-1 stock split so i can afford some of their stock...

jeez... $300+ is way too high...

 

[Jeffacme]

they need to do a 2-1 stock split so i can afford some of their stock...

jeez... $300+ is way too high...

A split would be nice but you can always use a deep in the money call as a stock replacement vehicle. Lower cost of entry, lower risk and the best way to play it is buying a call or two on the dips and sell when the stock regains it's footing.

There are usually three of four such cycles per year. Please do research so you understand the play. I like to see a pullback of 20 points or more.

I have made more quick money doing this and used the proceeds to diversify and build a larger APPL position.

 

[Glideslope]

"Want dividends buy Verizon 5.45% yield and getting the iphone soon.

Buy this week.

 

[Hastings101]

Come on Exxon, don't let Steve Jobs' head get any bigger

 

[czachorski]

Lets buy Dell and shut it down!

Love this comment, and just had to point out that Dell's current market cap is about half of just the *cash* that Apple has on hand at the present moment. That comment by Dell a few years back just keeps getting better and better.

 

[aussie_geek]

Just wait for a stock split - 3:1 and I'm in!!