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Apple's Market Capitalization Hits $500 Billion, Stock Up 34% in 2012

ericinboston said:
And let's face it, Mac will never have any kind of high marketshare (say 25% or higher) mainly because it simply does not live in the business world (please don't chime in about your 5-person company that is all Mac), does not have business applications, and fails to have any kind of business-class support/tech support.
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Maybe you should invest in a good telescope.
 
That's simply unbelievable. What is also unbelievable is that the stock growth shows no signs of abating.
 
Chupa Chupa said:
Oh really...

1

2

3

4

Plenty more where that came from. The iPad is taking enterprise by storm. It's why Windows 8 will be made with tablets in mind b/c the iPad is a huge threatens Windows in a way the Mac OS never could.
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Surveys and wishful thinking do not equal units sold.

And all your links are for tablets.

Apple has never been business-friendly...EVER! Maybe, just maybe, Tim Cook will figure out that there's a whole nutha billion users out there in businessland that could use Apple products. But I really think that ship sailed a long time ago.

iOS devices all come with the Apple baggage...iTunes, Apple approved apps, Apple hardware, Apple OS, Apple Support, Apple pricing...all Apple lock-in. Although this may be fine with consumers, it is NOT fine with businesses. Not sure if you ever worked in IT but IT does not like lock-in...and there will not be an IT Revelation that lock-in is now the defacto standard or cool or hip.

iOS devices appearing in businesses are definitely not IT sanctioned/approved. There have been numerous reports/studies regarding this. We all know that the iPhone is simply a computer with the ability to make phone calls. Every company on the planet forbid you bringing in your own, personal computer and connecting to the corporate network...the iPhone is no different. IT may be tolerating it right now, but IT is definitely wary of the iPhone/iPad's security.
 
nickelt said:
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Wrong and wrong.
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Care to share some information with us, or are you just going to make blanket claims.
 
nickelt said:
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After owning a bunch of pc's and a couple of macs i know which is by far better value. The macs may of cost a little bit more but they certainly last longer and had not even close to as many problems as the pcs that i have had. Overpriced? Not by a long way!
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Well, all Mac owners say that. The truth is that they usually have less problems with a Mac because they can do less on OS X than they can do on Windows. OS X has a Unix foundation, but most Mac users don't even know how to get there or what to do with the Terminal. They stay on the GUI level - and that GUI level has a rather limited features set when compared to a Linux or Windows system.

Windows and Linux give you more rope to strangle yourself with. Apple keeps its users on a short leash. That creates the illusion that Macs are more reliable than Windows systems.

And Macs -are- overpriced. You pay a premium for the brand logo and the design. Which is okay when you like their design. But let's not fool ourselves by believing that you get better hardware with a Mac; when you spend the same amount of money on a PC, you'll get MUCH more bang for the buck. And you'll even get better support from Dell than you will ever get from Apple.

Anyway, none of this is the topic here. I don't own any Apple stocks, but obviously they're doing very well. Good for them. Let's see how long this strain of fortune lasts without Steve Jobs. We know what happened with Microsoft after Bill Gates left the company and left it in the hand of somebody else.
 
ericinboston said:
Surveys and wishful thinking do not equal units sold.

And all your links are for tablets.

Apple has never been business-friendly...EVER! Maybe, just maybe, Tim Cook will figure out that there's a whole nutha billion users out there in businessland that could use Apple products. But I really think that ship sailed a long time ago.

iOS devices all come with the Apple baggage...iTunes, Apple approved apps, Apple hardware, Apple OS, Apple Support, Apple pricing...all Apple lock-in. Although this may be fine with consumers, it is NOT fine with businesses. Not sure if you ever worked in IT but IT does not like lock-in...and there will not be an IT Revelation that lock-in is now the defacto standard or cool or hip.

iOS devices appearing in businesses are definitely not IT sanctioned/approved. There have been numerous reports/studies regarding this. We all know that the iPhone is simply a computer with the ability to make phone calls. Every company on the planet forbid you bringing in your own, personal computer and connecting to the corporate network...the iPhone is no different. IT may be tolerating it right now, but IT is definitely wary of the iPhone/iPad's security.
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But reality does seem to contradict your claims that "Apple CLEARY does not sell to businesses" or "Apple sells zippo to businesses" or "Apple is (for better or worse) 100% reliant on consumers."
 
lkrupp said:
Enough with the FUD about Microsoft saving Apple! Apple was NOT near bankrupt when Steve came back. They were in big trouble, no doubt about that, but not anywhere near insolvency. Microsoft's purchase of non voting stock did NOT "save" Apple. It was a small token to show continued support as well as continuing to develop Office for the Mac. $150 million was pocket change for both companies at the time. Gates and Jobs also resolved the patent issues festering between them. Steve Jobs saved Apple, not Bill Gates.
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That folklore refuses to die.

The agreement between Apple and Microsoft provided for a cross licensing agreement between the companies, a commitment by Microsoft to continue producing Office for Mac for at least 5 years, the inclusion of IE as the default browser on new Macs and a symbolic $150 million investment. At the time, Apple had $1.2 billion in cash.

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ericinboston said:
Surveys and wishful thinking do not equal units sold.

And all your links are for tablets.

Apple has never been business-friendly...EVER! Maybe, just maybe, Tim Cook will figure out that there's a whole nutha billion users out there in businessland that could use Apple products. But I really think that ship sailed a long time ago.

iOS devices all come with the Apple baggage...iTunes, Apple approved apps, Apple hardware, Apple OS, Apple Support, Apple pricing...all Apple lock-in. Although this may be fine with consumers, it is NOT fine with businesses. Not sure if you ever worked in IT but IT does not like lock-in...and there will not be an IT Revelation that lock-in is now the defacto standard or cool or hip.

iOS devices appearing in businesses are definitely not IT sanctioned/approved. There have been numerous reports/studies regarding this. We all know that the iPhone is simply a computer with the ability to make phone calls. Every company on the planet forbid you bringing in your own, personal computer and connecting to the corporate network...the iPhone is no different. IT may be tolerating it right now, but IT is definitely wary of the iPhone/iPad's security.
Click to expand...


Try this. It's a bit old having been written yesterday.

Mac business sales surge 51% as Apple continues to invade the enterprise
 
ericinboston said:
Surveys and wishful thinking do not equal units sold.

And all your links are for tablets.

Apple has never been business-friendly...EVER! Maybe, just maybe, Tim Cook will figure out that there's a whole nutha billion users out there in businessland that could use Apple products. But I really think that ship sailed a long time ago.

iOS devices all come with the Apple baggage...iTunes, Apple approved apps, Apple hardware, Apple OS, Apple Support, Apple pricing...all Apple lock-in. Although this may be fine with consumers, it is NOT fine with businesses. Not sure if you ever worked in IT but IT does not like lock-in...and there will not be an IT Revelation that lock-in is now the defacto standard or cool or hip.

iOS devices appearing in businesses are definitely not IT sanctioned/approved. There have been numerous reports/studies regarding this. We all know that the iPhone is simply a computer with the ability to make phone calls. Every company on the planet forbid you bringing in your own, personal computer and connecting to the corporate network...the iPhone is no different. IT may be tolerating it right now, but IT is definitely wary of the iPhone/iPad's security.
Click to expand...

I guess you have been sleeping under a rock for the past year or so. I work for GE - A Fortune 10 company!! They have officially rolled out support for Macs and iPads and iPhones. Anyone can order a Mac for their computer. iPads can be ordered. Everyone eligible for a company phone can get an iPhone. Guess what, almost everyone that is getting a new phone is switching to iPhone from Blackberry. They all love it. I have a personal iPhone and can get on the company Webex Connect. I can do VPN from my home iMac. If a PC friendly company like GE can open up this much, imagine!!

A big executive now carries around iPad to all meetings. No more laptops!
 
rdowns said:
That folklore refuses to die.

The agreement between Apple and Microsoft provided for a cross licensing agreement between the companies, a commitment by Microsoft to continue producing Office for Mac for at least 5 years, the inclusion of IE as the default browser on new Macs and a symbolic $150 million investment. At the time, Apple had $1.2 billion in cash.
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The iPod saved Apple, IMO. But the MSFT deal did open eyes to Apple to people that didn't care about them at the time.

It sure didn't hurt, whether some would like to not admit that.
 
Winni said:
Well, all Mac owners say that. The truth is that they usually have less problems with a Mac because they can do less on OS X than they can do on Windows. OS X has a Unix foundation, but most Mac users don't even know how to get there or what to do with the Terminal. They stay on the GUI level - and that GUI level has a rather limited features set when compared to a Linux or Windows system.

Windows and Linux give you more rope to strangle yourself with. Apple keeps its users on a short leash. That creates the illusion that Macs are more reliable than Windows systems.

And Macs -are- overpriced. You pay a premium for the brand logo and the design. Which is okay when you like their design. But let's not fool ourselves by believing that you get better hardware with a Mac; when you spend the same amount of money on a PC, you'll get MUCH more bang for the buck. And you'll even get better support from Dell than you will ever get from Apple.

Anyway, none of this is the topic here. I don't own any Apple stocks, but obviously they're doing very well. Good for them. Let's see how long this strain of fortune lasts without Steve Jobs. We know what happened with Microsoft after Bill Gates left the company and left it in the hand of somebody else.
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Dell support sucks.... You are fooling yourself. HP support sucks more... out of the 100 computers I repair a month, 1 or 2 are Macs... the rest are either Dell or HP....and most are not repairable due to the fact it would be cheaper to buy a new replacement Dell/HP instead...
 
If you are a truly Apple Supporter like me...

I bought it at $8.6/share right before they announced Jobs came back to Apple. Apple was dying and I thought it's good to support them even though it might go bankrupt. And I'm still holding it.
 
ericinboston said:
I don't trade stock...and frankly am not a fan of the Stock Market Casino.

I've seen and been at plenty of companies for the past 30 years that are $10 one year and $300 a few years later and back down to $15 years later.

For those of you who want to day trade and lock your money into 1 company or daydream about hitting the lottery/Apple stock lottery...great. Have fun.

Am I wrong or have we seen a rollercoaster ride a few times in Apple's history? Will it nosedive next year? Who knows....it's up to Apple to make money.

Let's also remember that in this high tech environment, Apple CLEARY does not sell to businesses. Apple sells to consumers. Fine. Great. Apple is a consumer electronics company. But unlike Bose and Sony (for example) Apple sells zippo to businesses. Therefore, Apple is (for better or worse) 100% reliant on consumers.

Apple has a few products and sells 100% to consumers...in my book that's either a great bet or a bad bet...depending on the year. iTunes and iPod is 10 years old. <yawn>. iPhone is on version 4 (I see iPhone following the same boring steps as iPod gen 4 and newer). iPad is coming on 3 and I am excited for this. Mac is not Apple's concentration but Apple is happy to make a hefty profit on those who like a sexy-looking computer. And let's face it, Mac will never have any kind of high marketshare (say 25% or higher) mainly because it simply does not live in the business world (please don't chime in about your 5-person company that is all Mac), does not have business applications, and fails to have any kind of business-class support/tech support.

I'm not spelling doom and gloom...but just getting people to think a bit more about what Apple has (as far as we know) in its product line and Apple's extremely high value right now.
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Your opinion is just that, an personal opinion. You have no knowledge of PE, cash balance, market shares etc... It's good that you are not in the Stock Market Casino as you call it. What does people like Warren B knows...:cool:

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kckl said:
I bought it at $8.6/share right before they announced Jobs came back to Apple. Apple was dying and I thought it's good to support them even though it might go bankrupt. And I'm still holding it.
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I feel the same way you did back when (not as lucky as you), it's amazing what that little investment had turned to.
 
Menopause said:
Wow! For everyone who bought stocks when Apple was $150 or so and didn't sell them yet would be very, very happy!
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Well I sold half my stock at that point when it had doubled from the original purchase just to pay for the initial investment. Needless to say I'm pretty happy with my remaining 100 shares performance. Wish I still had the other 100 shares, but hindsight is 20/20
 
paul4339 said:
Anything is possible, but just remember that they have over $100 per share (about 18-20%) is in cash alone, and it is likely is they they'll add more to it in the short term. So in the unlikely event that they do mess up, it can drop, but probably not that low.
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Cash on the company's books does not add anything to shareholder value. It does not provide any meaningful level of support for share price. If at any time Apple had to fall back on their cash-on-hand to fund operating expenses, this would mean that the company was no longer profitable. Try to imagine what would happen to the share price if Apple started losing money, instead of raking it in. You would soon see how little that $100 per share in cash means.
 
The fact that EricinBoston even thinks its remotely possible for Apple to drop to $90/share should tell everyone that his grasp of even the simplest fundamentals of how stock markets work is basically nil. With around $100/share in cash and liquid assets, it's nearly a literal impossibility.
 
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BobbyRond said:
Apple's cashpile of nearly 1 billion is so much, yet seems so small compared to 500 billion... Just count the zero's on this puppy... --> 500,000,000,000 :cool:
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I believe it's closer to 95 billion.
 
ericinboston said:
Interesting that a company who simply produces 1 model of tablets, 1 model of phones, a few models of mp3 players, and a few models of overpriced computers has a market cap this high.

Apple will need to continue innovating and selling more than just 10 SKUs of products to hold this kind of value. I personally think the stock is extremely inflated. Sooner or later Apple will need to introduce some new products to hold this high value...the iPod line has been oversaturated for years...that's 25% of their product line...the iPhone and iPad can't carry Apple forever...and my guess is the iPhone has 2-3 years left before everything on the cell market is very similar to the iPhone (Android). If nothing rivals the iPad over the next few years, ok, cool....but then Apple is a company that banks its business on 1 product.

Don't get me wrong...I like Apple...they are obviously on top of the world right now....but it could come right back down to reality ($90/share) in 1-3 years in my opinion as iPhone and iPad competition increases and if Apple doesn't expand its overall Apple product lineup. I am interested in seeing what Apple has in store for tv...if they do it right, that could make Apple some big cash for 10-15 years all by itself.
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- Define "inflated."

- You say that Apple will come back to reality in 1-3 years, which you define as $90/share. If Apple comes to $90/share, it will be taken private in a management buyout. Apple has around $100 for each share of common stock. The management could easily buy out Apple and make it one of the world's most valuable private companies.
 
Great Stock

It's just a great company and I know so many people that made a fortune with buying 1000 stocks at 80 and riding it up to 400. It's unbelievable. The current stock price is to high, the only option really is to make big cash by buying call options... However if Apple stalls at some point in the future or crashes, it's a brilliant stock to short.

But beside the stock phenomenon, i really hope to get more awesome products in the future. I hate to see Apple cash because Steve's vision is gone.

D
 
chairguru22 said:
I f'ed up by selling around $445 after the earnings report hoping to cash in a little and buy back in after a correction. Well that never happened and I got back in at $500... Missed out on a couple G's but I guess it's better than nothing or a loss.:rolleyes::apple:
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The trader's lament. People will learn the easy way or the hard way that timing stocks is all but impossible. Even the pros can't do it with any consistency, which is why actively managed portfolios such as mutual funds and pension funds typically underperform the market indexes. What chance have amateurs got? Less than zero.
 
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ilovemyibook said:
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BobbyRond said:
Apple's cashpile of nearly 1 billion is so much, yet seems so small compared to 500 billion... Just count the zero's on this puppy... --> 500,000,000,000 :cool:
Click to expand...

I believe it's closer to 95 billion.
Click to expand...

97billion in december. It will be well over 100b by now.
 
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