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Apple's Market Capitalization Hits Record $700 Billion
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I'm not following. People obviously want larger screens phones. So that's what companies are giving them. Maybe you meant market saturation? People have been saying that for at least 2 years now and yet Apple is selling more phones than they ever have.
Bubbles happen to markets, not a single company.
Overvalued? Maybe, but the fact is that they're still growing in profits and revenue year over year. There is no inflated cell phone sales by upping screen sizes or every other manufacturer would have had the same results.
Why do you think there would be a drop in sales? In 2 years, iPhone 6 buyers will be ready to renew their contact and buy exactly what? Galaxy S7?
Don't tell anyone here that
Thankfully that means that those of us who can separate a good investment from a company that we are fans of can make a ton of money after it goes back down again.
This is very true. For us, AAPL is actually quite easy to play, simply because we know what the company is going to do (more or less, within reason), and we know how it will affect their bottom line-- MacRumors is actually a REALLY good investment tool when it comes to AAPL. It has been for me, with the exception of when it was going downhill after it hit about 700 the first time (couldn't really figure out why it kept dropping, it was WAY oversold).
But I bought it back at 415 and then bought more at 520.
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Jobs could have told you his peanuts shells were world class, innovative products and you would have bought them off of him for $50 each. Quality and sales aren't mutually exclusive. It's called PR, popularity, and brand recognition.
Also, the competition sucks.
I don't know how these markets work, but its hard to believe that Apple that sells cellphones and computers are worth more than double GE which manufactures everything from health care to aviation.
Also, Samsung who is a direct competitor with Apple's iPhone is in many more markets including building chips, TVs, refrigerators, cameras, and more is no where as big as that.
How?
Also, Samsung who is a direct competitor with Apple's iPhone is in many more markets including building chips, TVs, refrigerators, cameras, and more is no where as big as that.
How?
This wasn't really much of a surprise; they've risen a lot in a very short amount of time (I think like 25% over the last couple of weeks).
I suspect their share price will drop a little to around $116 or even as low as $110. It'll still be a massive increase over the start of the year, and it doesn't reflect on their business at all. I expect them to soar again in the new year as the iWatch approaches and we get news about ApplePay earnings (I expect very good news from that).
I suspect their share price will drop a little to around $116 or even as low as $110. It'll still be a massive increase over the start of the year, and it doesn't reflect on their business at all. I expect them to soar again in the new year as the iWatch approaches and we get news about ApplePay earnings (I expect very good news from that).
Brand recognition happens because the products you sell are superior. Nike doesn't just have a brand, they have great shoes.
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That's equivalent to saying Apple's products are better.
I owned 100 shares when Apple stock was $60.
I thought it was high so I sold it.
You can imagine how happy I am about it
You think you're bad. I sold at $35. I've heard about people who invested $100,000 when it was in the high teens and have retired multimillionaires.
Oh, if only there was a time machine! Where are you Doc Emmett Brown?
Which is built on the products themselves. Before the iPhone, Apple had virtually no hold in any market but MP3 players...before the iPhone, I'd have never bought an Apple product for any reason whatsoever. Being in their ecosystem, buying accessories that work with their products, their platform being the first for virtually any app that relates to the Internet of Things, iTunes match and app/music/video purchases that only work with iTunes, for those reasons I find that it is impossible for me to leave.
If brand recognition was really the source of their growth, Macs would be selling through the roof. The fact is, and I've learned this the hard way, the competition does not offer nearly the same sort of user experience with their platforms. I'd take Windows over OS X any day of the week but tie to that to my Windows Phone/Xbox One and it's a piss poor experience that can't come close to matching the Apple TV/iOS/OS X ecosystem. As far as Google goes, Android is the only pillar they have that interests me yet despite it being more open it is actually less functional with paid third party products. Hell, my entire recording studio is iOS compatible - Android is compatible with virtually nothing in the music world...and there is no desktop OS to coincide with that for the heavy lifting with editing video and music. Put simply, Android is for those who don't really have a whole lot of technology around them...which is ironic considering the claims of its userbase. In my work I meet plenty of the smartest people in the tech industry, and it's never really a surprise for me to see they are carrying iPhones.
It's hard to believe it's worth more than the companies whos products it puts in its devices. Such as Intel.
The truth about valuations is that nobody really knows whether a company's stock is over or undervalued until after the fact. Investors who play that game are begging to get burned.
But it does reflect their business - revenue and profit since the time the stock was priced like this before is what, double?
People love their iPhones. They use them more than 10 hours a day. It's a personal life improvement device. Every year you want the new one. That's not going to change unless
really starts messing up iPhone deliveries. Even #Bendgate couldn't stop the momentum. It would have to be #ExplodeGate to really matter. Some are predicting that Apple market cap could reach $1 Trillion!
Ina FEW YEARS? Did you really just say that??? That is an eternity.
So based on your prognostication, I will hold onto my stock for 1.9 years, continue to have it appreciate and pay me dividends and THEN I will sell it.
But you say sell now instead?
How is that hard to believe? Is it hard to believe that Intel is worth more than the companies that mine/refine silicon to put into its products? Where is the money changing hands? How well does Intel sell without companies like Apple to do something with their stuff?
Really this comes down to people not understanding the size, revenue, profit, and everything else in a company. Ships and refrigerators may look really big but you're crazy if you think there's a lot of money in those markets.
Your life hasn't been improved by smartphone platforms? If not, I'm not sure you're qualified for any discussion about it going forward.
How well would Apple do without Intel? They wouldn't.
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It's a PHONE... A phone doesn't dictate my quality of life, if it dictates yours, I feel sorry for you.
Well information is power. A good smartphone puts a lot of it at your finger tips. It's so convenient. Podcasts, iTunes U, YouTube and on and on. It also makes staying in contact with loved ones effortless.
Then there's photos, video and social media to stay in touch with distant relatives and friends.
iOS is just better than Android in a lot of ways.
Mainly because its Objective C rather than Java. You need a lot more memory and processing power with Android to get a similar experience to an iPhone.
Sure it's convenient, but to say it helps your quality of life. Meh.
Also, best is subjective.
Really? Let me introduce you to RISC based processors like the IBM PowerPC that Apple used for years. Rumor has it that Apple is working on a completely ARM based PC processor of their own design to use in the future. You honestly believe that Apple should be valued lower because of their dependence on another company to supply them with a product? Intel isn't doing this out of the kindness of their hearts either, without Apple they'd be losing share price as well. Kind of confused how you have warped the value of a company into its need for parts...wait, I figured it out, you just don't have any idea how it works.
First of all, it's a computer, a phone is one of its functions. Second, there's a difference between improve and dictate. The logic you're throwing around is best seen on FOX News.
My phone is a central hub that interacts with stuff all over my house, makes dinner reservations, buys movie tickets, gets me into concerts, pays for coffee, replaces my airline tickets, plays video games when I'm bored on a train, shows me where I need to pick up my wife after work, gives me directions, plays music in my car or headphones, turns on the lights, finds me guitar tab on the fly at a band practice/rehearsal, you name it. Those are called improvements. Can I do all of those things without the phone? Yes, with more difficulty. If I would choose to do none of it instead when I don't have a phone, that would be "dictating".
By the time 2 more years pass from now, consumers will not be on a two year contract renewal schedule anymore. They already aren't almost anywhere else in the world, and the speed with which the US providers have moved to make buyers feel the true price of their phone has been shocking.
I'm shocked how many iPhone 4/4S users I see out there even now, when most users ARE on a two year upgrade process. So many users say they don't want a bigger phone. That's why I'm highly confident that Apple will upgrade the guts of at least the 5 form factor. What better time to do that than the April/May timeframe, when Apple historically sees a plunge in revenue? Kill two birds with one stone - Apple will surely not abandon the users who agree with what Apple thought until last month - that 4" is plenty. Apple will give them a way to get modern CPU and other technologies, mark my words.