Folks have been saying what you've written for ~10 years. Of course, if someone keeps predicting doom one day they will be right. In any case, stock picking is a luck game, index funds and move on with your life.
Got a tip for us?
Let us know
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.
Apple's Stock Price Crosses $200 Mark to Reach New All-Time High
- Thread starter MacRumors
- Start date
- Sort by reaction score
Folks have been saying what you've written for ~10 years. Of course, if someone keeps predicting doom one day they will be right. In any case, stock picking is a luck game, index funds and move on with your life.
It's $11B for the last quarter. They have made $45B in profits for the current fiscal year (9 months).
They're well on their way to smashing their all time annual profit.
As for being overpriced, look at other tech stocks and tell me how they're commanding P/E ratios of 50+ to 200+. All while paying zero dividend and being even less diversified as Apple.
When Jobs came back to Apple, I really wanted an iMac but couldn't justify it. I bought AAPL, waited until I'd made enough return on the stock and bought the iMac with the profits.
Been an Apple user ever since.
The MacBook Pro that seems to be doing quite well despite you’re distain for the Touch Bar.
The iMac Pro that probably isn’t even aimed at you anyway and is meant for a very small market of Pro’s that need the kind of power you talk about.
The Mac Pro was a mistake they owned up too that and are working on a new Mac Pro for 2019.
The MacBook is a great design and a great little MacBook for people who don’t need a huge amount of power and prefer extream portability.
The Mac mini I have no idea why they haven’t updated that, maybe another mistake yes or maybe there is a reason.
And as for Ram if being able to update it in you’re MacBook if that is really important to you then you are probably with the wrong company. But again most people just select what they want when ordering the Mac they buy, where’s the issue?
As I’ve already said, it doesn’t matter what Apple do there will always be some people who complain, you can’t please all of the people 100% of the time.
But judging by the numbers the mass market of people who don’t visit or post on these kinds of forums seem to be happy, judging by Apple’s earnings.
Just my opinion and 2 pennies worth! (Cents if your American)
How does Apple put out crap products? Sounds like you have no idea and are just spewing out what android and pc fanboys say.. everyone including scientists, musicians, artists,educators, audio engineers use Apple products. They also have 243.7 billion dollars on hand. The market IS stupid, and YOU are the general market..
Mind explaining how "irrational exuberance" has anything to do with Apple's record breaking revenue and stock price as of late? Or are you just regurgitating phrases that sound cool to you?
Well that’s a good job, but I think people buying bitcoin at 6k are gonna be happy. It’s clearly not done.
For people who keep saying Apple's success is based on hype: Apple's P/E is lower than Proctor and Gamble. I don't find that surprising given that with a market cap of close to 5% of US GDP, there's limited room for growth...
Given the commentary around these forums, I found this interesting: I see no obvious long term effect of the Jobs/Cook transition. I also see no obvious long term effect of the iPhone release.
It's hard to say for sure because of the interaction with the dotcom bust, but if I wanted to pick a pithy storyline, it would be that iPod changed the world.
Given the commentary around these forums, I found this interesting: I see no obvious long term effect of the Jobs/Cook transition. I also see no obvious long term effect of the iPhone release.
It's hard to say for sure because of the interaction with the dotcom bust, but if I wanted to pick a pithy storyline, it would be that iPod changed the world.
Apple has nothing to fall back on in the market today. Surely, it's working on countless projects behind the scenes (car, AR glasses, etc.) that it doesn't feel are quite ready. The iPhone is the most successful consumer product in history, but I think it's safe to safe to assume that there are other things in the pipeline that could make some waves.
um. ever hear of sarcasm? Just saying. I happen to be one of those scientists you mention typing on his apple magic keyboard, connected to my 2018 MacBook Pro 15", reading this text on my apple Thunderbolt Display, while wearing my gen 3 Apple Watch with my trusty iPhone X docked to the side ...shall I go on? Like how I owned the original 128 Mac? I was using Apple products long before it was cool. But sure I am an android and pc fan boy LOL. I don't think I have ever even turned on a windows machine. No, the point of my post is I get tired of coming to Macrumors to find out useful information in the forums (there are some bright people here), and reading post after post knee jerk reaction from people complaining about how Apple sucks these days. Nope. They still make the some amazing products as long as you don't mind thinking a bit differently. Apple's stock price is well earned. But these forums often get bogged down in mud slinging.
FYI, I finally Discovered an Analyst worth their salt ! ... Toni Sacconaghi @ Bernstein... this guy really knows his stuff ... I don't impress easily, but was impressed with what he just said about AAPL on CNBC ... he knows AAPL extremely well, as well as I know, which I believe is Extremely Rare.
Most of the so-called Professional Analysts are simply Cheerleaders, masquerading as Analysts ... Sacconaghi is the rare exception covering AAPL ... I highly recommend everyone begin following this guy if they aren't already, & Drop ALL others.
Most of the so-called Professional Analysts are simply Cheerleaders, masquerading as Analysts ... Sacconaghi is the rare exception covering AAPL ... I highly recommend everyone begin following this guy if they aren't already, & Drop ALL others.
Nice non-answer there. I'll take it to mean you're just saying things that sound cool to you.
[doublepost=1533144885][/doublepost]
Didn't know Toni posted on MR under the name Cosmosent.
Ah, like when he said iPhone's unit sales would decline 33% in q1 and it turned out they were down 0.9%. Yeah, he's a real champ.
https://www.cnbc.com/2018/01/24/aap...could-be-weak-bernsteins-toni-sacconaghi.html
https://www.businessinsider.com/apple-fiscal-q1-2018-earnings-iphone-sales-revenue-eps-2018-2
You've left out the iPad, Apple Watch, AirPods, iCloud storage, the TV Network and original content (ask Netflix how that's turning out) developing a self driving car, and it wouldn't surprise me if they're working on starting their own cell service as they've seen the light in profits of selling apps, songs, albums, movies, and services that dovetail with those, and the fact they're holding a literal ton of cash. Not debt, cash.
You're short sighted and uninformed.
And I'll just take that to mean that you refuse to educate yourself.
(it's not just apple, the entire market is overvalued)