Apple is soooo doomed.
Are people ever going to get tired of saying this? Out of the first twenty posts, you are the FOURTH person to say this same exact thing.
How is it still funny or witty?
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Apple's Market Capitalization Hits Record $700 Billion
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Are people ever going to get tired of saying this? Out of the first twenty posts, you are the FOURTH person to say this same exact thing.
How is it still funny or witty?
I understand the market cap thing but isn't Google's market cap higher than Apple's if you combined both tickers?
It is a joke that never gets old because there are so many pundits out there who never get tired of somehow spinning Apple's success as the surest sign that it is about to fail. The Macalope over at MacWorld roasts those pundits on a regular basis, so I know that this is not an exaggeration. Oh, and last night I caught an article all on my own basically explaining why this was bad news.
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I said that when I bought shares at 85 and sold at 115, it'll never go up higher. Now its over 800 a share pre-split.
Apple has momentum on the market - I can see it being the first company to hit 1 Trillion.
Why would you combine both? It's one company. I think when sites like CNBC and Yahoo quote their stock price they're using the GOOGL ticker.
Your list is laughable. There aren't enough iPhones because the demand far outstrips their ability to produce them.
Their slice of the PC market continues to grow regardless of what you think about the lack of upgrades or refreshes.
Apple is killing it.
Samsung Mobile division's profit took a dump. They far overestimated the demand for the S5. (No lines/no waiting if you want one of those puppies)
Microsoft has missed the mark on almost everything. I think I read that Apple's sales of iPhones alone are more than Microsofts entire product line.
Stop trying so hard. You look foolish.
It's called financial engineering. SJ was always against it.
The buyback was put in place to stop the sliding stock price:
http://appleinsider.com/articles/14...ises-with-massive-17-billion-q4-stock-buyback
Company value can be defined in different terms, EV, FM or market cap, depending on the argument you're trying to make.
Apple's spending billions of it's huge cash horde to drive up the share price, which in turn increases market cap. Share price increases without bolstering buyback programs represents investor confidence in future earnings, ie. P/E ratio. That confidence was low in Q1 results in Jan '14, hence the massive increase in buyback.
Apple is rich and successful beyond anything, but the point to ponder is, will it continue on this track. Future earnings GROWTH is what props up share prices and without a buyback program, it is currently doubtful that investors alone would sustain or push the current price higher.
It's kind of a victim of its own success, as Wall St sets expectations ever higher, you would have to believe that gross margins stay where they are and that sales are increasing. Except for the iPhone, that's currently not the case, iPad sales growth is declining.
What problems? Some bugs on new OS releases? Always true for all OS releases and product upgrades regardless of company. As for no upgrades of hardware? There has been -- maybe not what you wanted perhaps. But, it is most likely larger upgrades would have occurred but for Intel failing to deliver on Haswell as promised or expected. As it is, we are seeing major changes -- a moderate amount, in fact.
New A8 chips, NFC, Apple Pay, iPhone 6. Compare what Apple has done to all other manufacturers. The PC has basically not changed at all for 15 years except to incorporate faster Intel chips. And any other changes were look-alike changes to compete with Apple's new designs.
No, the company's value does not drop as the result of a buyback, at least not in anything but the most abstract way. Cash held on the books is not reflected in a company's stock price. Neither is any other asset, or debt for that matter. What buybacks actually do is concentrate reported earnings on fewer shares.
FWIW, Apple has repurchased around 8% of its outstanding shares over the last few years, so arguably the current price of the stock was increased by that much due to the increase in EPS. This is the direct result of buying back shares and is why shareholders like buybacks.
GOOG are C-class shares and GOOGL are A-class shares. The stock tickers represent those different classes of stock (but NOT two different stocks in two different companies).
C-class share holders have no voting rights. There are also class-B shares of Google, but they are not traded publicly. Class-B are owned by Google insiders and they each get 10 votes per share. Anytime somebody sells a class C share (GOOG), one share of class-B must be converted to class-A.
The market cap is viewed by looking at either one of the stock symbols, but not by combining them.
In a way. Jobs was in favor of hoarding cash. That is all we really know. He resisted all efforts by stockholders to discover why he thought too much was never enough.
The real bottom line is a company that stockpiles cash is going to be seen as expressing a lack of confidence in the future of the company. Further, a company that won't buy back shares when the price is low is expressing the sentiment that it will go lower rather than higher.
GOoo apple.. I picked up a ton of shares back when in split, but had to sell because the money is meant for a new home purchase.. we made off with a $4700 gain.. not bad at all.. eat that Apple haters.
I bought a significantly large purchase of Apple stock around 8 years ago when it was $78 and sold it when it was $162. Then I took that same money (profits included) and re-invested it in Apple when it went back down to $88. I still hold the same stock today.
They've been paying me a nice dividend for quite awhile now. They produce outstanding products that I really enjoy.
Life is good!
Bryan
They've been paying me a nice dividend for quite awhile now. They produce outstanding products that I really enjoy.
Life is good!
Bryan
Which were resolved quickly,
Compared to the issues Microsoft has/had every OS update?
The Street sees this as a good thing. High demand means things keep selling.
Trader don't give a crap.
Again, no trader cares.
No trader cares about this.
The Retina MBP makes the MBA almost a non-issue, really, at least as far as portability is concerned.
They did get a speed bump, yes?
Makes me very happy that I bought some Apple stock at the pre-split price of $420. Almost doubled in a year and a half. Down the road I think ApplePay is going to be a big revenue component.