Apple tops Walmart . . .

Discussion in 'Apple, Inc and Tech Industry' started by *LTD*, Mar 30, 2010.

  1. *LTD* macrumors G4

    *LTD*

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    #1
  2. Queso macrumors G4

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  3. kdarling macrumors demi-god

    kdarling

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    #3
    Apple stock jumped because of the Verizon rumor.
     
  4. belvdr macrumors 603

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    #4
    I don't get the big focus on Apple's stock price. It's not as if Walmart and Apple are in head-to-head competition.
     
  5. maflynn Moderator

    maflynn

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    #5
    Agreed, its an artificial number that has little bearing. Heck apple can done thing to halve the stock price - issue a stock split, so focusing on the price is silly when there are other more important metrics.
     
  6. Queso macrumors G4

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    #6
    A stock split would halve the stock price but not the market capitalisation, which is the figure being discussed :)
     
  7. maflynn Moderator

    maflynn

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    #7
    Still, all this dick wagging - who cares, its a multibillion dollar corporation that has little care or compassion for me. Its only motivation is to make money for its owners.

    I'm not getting some of this fanboyism - ooh ooh ooh apple has high stock price, or ooh ooh ooh look apple is better then microsoft. In the realm of things, it matter not.
     
  8. *LTD* thread starter macrumors G4

    *LTD*

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    #8
    That isn't the point. The REAL point is that years ago, no one would have thought this possible. The other REAL point is that Apple is approaching MS in terms of its market cap, which even a few short years ago was unthinkable.

    It's interesting precisely because of the contrast.
     
  9. maflynn Moderator

    maflynn

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    #9
    I'll counter that point with: So what.

    So what if apple eclipses MS in market cap. Its like talking about my neighbor who's making a 100k more then my other neighbor. It really has no impact on us and only fanboys and investors talk about this.
     
  10. Stampyhead macrumors 68020

    Stampyhead

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    #10
    Ok, so people are discussing something that doesn't interest you. Move on to another thread whose subject is more to your liking. I don't care about sports, but I don't go into the threads discussing baseball and football and say, so what? I find it quite fascinating, actually, that a company that, back in the 90's was forecast to go out of business or get bought out by someone else, has risen from the ashes to become a corporate player on par with Walmart and Microsoft. Whether it be Apple or anyone else, the story is impressive.
     
  11. maflynn Moderator

    maflynn

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    #11
    I'll move on, as threads come and go, I pop in and give my $.02. That's the great thing about forums, we are free to discuss things. So my dissenting opinion does not float your boat - no big deal. Just pass over my posts.
     
  12. rdowns macrumors Penryn

    rdowns

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  13. jav6454 macrumors P6

    jav6454

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    #13
    Which will end up crushing hopes and dreams of many fanboys. Also, good for Apple, but in the larger picture, this is not positive for me. It's only a big corporation getting richer, am I getting richer, no. There fore, beats me.
     
  14. belvdr macrumors 603

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    #14
    I believe that AAPL is overvalued, as some others do. If that's the case, watch out.
     
  15. Queso macrumors G4

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    #15
    Ricky Martin?
     
  16. jav6454 macrumors P6

    jav6454

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    #16
    Too soon...
     
  17. jaw04005 macrumors 601

    jaw04005

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    #17
    Based on Apple’s current P/E ratio compared to other companies within their industry (Dell, Microsoft, Google, HP, etc) their current valuation is well earned.

    When their P/E starts going nuts (like how it went up to 40+ during the iPhone launch) is when you should start worrying.

    They’ve been pretty stable for a while.

    http://ycharts.com/companies/AAPL/pe_ratio

    AAPL P/E (ttm): 23.00
    DELL P/E (ttm): 20.59
    GOOG P/E (ttm): 27.86
    MSFT P/E (ttm): 16.31
    HPQ P/E (ttm): 16.04
    RIM P/E (ttm): 18.97
     
  18. rdowns macrumors Penryn

    rdowns

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    #18

    Never too soon.
     
  19. jav6454 macrumors P6

    jav6454

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    #19
    Well, you know what, you're right.
     
  20. *LTD* thread starter macrumors G4

    *LTD*

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    #20
  21. patrick0brien macrumors 68040

    patrick0brien

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    #21
    -maflynn

    I'll share my "so what?"

    I want to see Ballmer's reaction to the eclipse. I have popcorn ready...
     
  22. belvdr macrumors 603

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    #22
    I'm not so sure AAPL exceeding MSFT in market cap is going to affect him in any way. Apple will still play in the minority share (I think they are purposefully avoiding that) and MS will dominate the desktop and server world.
     
  23. zap2 macrumors 604

    zap2

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    #23
    You really don't think that matters? The size of the company allows it get better deals on pricing, allows for the company to make better deals on content.

    Its very interesting for anyone curious where the market is going.
     
  24. rdowns macrumors Penryn

    rdowns

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    #24

    A company's market cap has no bearing on its purchasing power. Market share would certainly impact purchasing power.
     
  25. patrick0brien macrumors 68040

    patrick0brien

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    #25
    -belvdr

    Ballmer has been known to have very irrational reactions to things Apple.
     

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