Apple's Stock Sets New All-Time High

[Baymowe335]

I'll take your word for those figures. I'm not a shareholder so I'm more interested in what they're doing, not earning. I don't disagree that they dropped the ball with the hardware Xbox One (X, S, etc) but it looks like that's getting back on track.

What I was talking about the aquisition of respected studios (which will obviously take time for their games to come to fruition). Xbox Game Pass and the fact that it's now propagating to Windows, along with all first party titles launching on GP. There's the huge effort in accessibility with the controller that makes games more inclusive for people with disabilities.

They're a few things off the top of my head for Xbox.

The only thing different with Microsoft now is the multiple went from 10 to 30. This is to Satya’s credit in changing the perception of Microsoft into a pure cloud/services play.

We can discuss the reasons why, but it’s not because of hardware sales. Those are essentially nothing for Microsoft’s earnings and have not grown in any meaningful way.

 

[ipponrg]

I'll take your word for those figures. I'm not a shareholder so I'm more interested in what they're doing, not earning. I don't disagree that they dropped the ball with the hardware Xbox One (X, S, etc) but it looks like that's getting back on track.

What I was talking about the aquisition of respected studios (which will obviously take time for their games to come to fruition). Xbox Game Pass and the fact that it's now propagating to Windows, along with all first party titles launching on GP. There's the huge effort in accessibility with the controller that makes games more inclusive for people with disabilities.

They're a few things off the top of my head for Xbox.

This is the wrong thread to be talking about this. You’re a deep user of the product, and you like what you see. The people you are wasting your time with are looking at it from a finance perspective. They could care less if you like it or not as long as the numbers look good.

Macrumors should just create a finance subsection, so people can trash or praise every financial article because it’s the same thing every time

 

[TracesOfArsenic]

This is the wrong thread to be talking about this. You’re a deep user of the product, and you like what you see. The people you are wasting your time with are looking at it from a finance perspective. They could care less if you like it or not as long as the numbers look good.

Macrumors should just create a finance subsection, so people can trash or praise every financial article because it’s the same thing every time

You make an excellent point. Cheers, mate!

I shouldn't expect readers who are interested in the financials to have any more of a nuanced understanding of product as I do of the financial minutiae. Indeed it's a discussion for a different place.

 

[Abazigal]

You make an excellent point. Cheers, mate!

I shouldn't expect readers who are interested in the financials to have any more of a nuanced understanding of product as I do of the financial minutiae. Indeed it's a discussion for a different place.

The two are not really that diametrically opposed.

For Apple to be doing well financially, they would have to be enjoying great business, and for this to happen, there needs to still be a lot of people buying their products. Despite all the criticism piled on them here and elsewhere. Or perhaps, because of it.

I continue to maintain that it is useful and relevant to analyse and understand why Apple products continue to appeal to, and resonate with the mass market.

AirPods remains a textbook example of how the Macrumours forums could have gotten it so wrong. They evaluated the product only in terms of specs, price and looks and this resulted in a very superficial take of the product which as we know turned out to be completely unrepresentative of how well it would proceed to do. Isn’t it ironic that the very factors the AirPods was being heavily criticised here for, would end up being the exact same reasons why it would be so popular around the world?

My belief is that this happens because Apple still lacks a strong narrative in Silicon Valley and Wall Street. Many still view and grade Apple as if it is a technology company, whereas reality, Apple is a design company. They create experiences, not products. This likely contributes to an elevated amount of skepticism and cynicism being applied to Apple's actions.

My observation - not even the self-styled experts and gurus and long-time Apple enthusiasts here really know how Apple really works. I do wonder if the technical expertise they are so proud of is actually hindering them from properly understanding and evaluating Apple?

 

[DocMultimedia]

We used to get a lot of front page postings when this happened. Since it has set an all time new high for about 15 of the last 20 days, I wonder if we'll get another post.

AAPL is $298 and change at the moment. I'm soooooo glad AAPL makes up most of my portfolio.

 

[stylinexpat]

We used to get a lot of front page postings when this happened. Since it has set an all time new high for about 15 of the last 20 days, I wonder if we'll get another post.

AAPL is $298 and change at the moment. I'm soooooo glad AAPL makes up most of my portfolio.

I think Warren had a great 2019 year with Apple. Looks like he may have a great 2020 year as well if this goes to $350. RH had a great 2019 year as well although down recently. Tesla stock been doing well recently too. GE looked like it was going under at under $8 and now over $11.

 

[DocMultimedia]

I think Warren had a great 2019 year with Apple. Looks like he may have a great 2020 year as well if this goes to $350. RH had a great 2019 year as well although down recently. Tesla stock been doing well recently too. GE looked like it was going under at under $8 and now over $11.

Good old GE. I bought a tiny little bit at $12 when everyone said it could never go lower. It was really a small bit, so I just hung on to it. At least it is working back towards that value.

Definitely a good year for many stocks.

 

[DocMultimedia]

Glad I brought this up this morning. Ka-pow. $300. I'm a happy camper. Fingers crossed for 2020.

 

[Baymowe335]

I think Warren had a great 2019 year with Apple. Looks like he may have a great 2020 year as well if this goes to $350. RH had a great 2019 year as well although down recently. Tesla stock been doing well recently too. GE looked like it was going under at under $8 and now over $11.

I respect Buffett more than any investor. However, I think he made a mistake not buying more (obvious now, but I was saying it even at $140). If you listen closely to their remarks, Charlie basically said he wanted to be more aggressive (yes, even more than the 250,000,000 shares they own) and Buffett basically said AAPL was expensive at $140.

Buffett has elected to hold on to $128B in cash and it certainly would have been better deployed in more Apple, something I wish he did as a Berkshire shareholder.

I can't give him too much crap for it, because at least he bought the 250M shares. I disagree with him holding the cash this long. It's been too long.

 

[stylinexpat]

I respect Buffett more than any investor. However, I think he made a mistake not buying more (obvious now, but I was saying it even at $140). If you listen closely to their remarks, Charlie basically said he wanted to be more aggressive (yes, even more than the 250,000,000 shares they own) and Buffett basically said AAPL was expensive at $140.

Buffett has elected to hold on to $128B in cash and it certainly would have been better deployed in more Apple, something I wish he did as a Berkshire shareholder.

I can't give him too much crap for it, because at least he bought the 250M shares. I disagree with him holding the cash this long. It's been too long.

Let's see how OXY and RH work out for him this year. I think Apple and others pretty much took off during last half of 2019.

 

[Baymowe335]

Let's see how OXY and RH work out for him this year. I think Apple and others pretty much took off during last half of 2019.

OXY was just a loan agreemnet if I'm not mistaken. And neither are needle movers. He needed to take a 10% stake in Apple instead of a 5%. 5% was great, 10% would have been exceptional...and he had the cash for it.

 

[stylinexpat]

OXY was just a loan agreemnet if I'm not mistaken. And neither are needle movers. He needed to take a 10% stake in Apple instead of a 5%. 5% was great, 10% would have been exceptional...and he had the cash for it.

I believe you are right but I also believe there was a collateral of stock as well at a much higher price compared to what it is at now. I forget what the amount was but if I am not mistake it was some where around $60 ( I could be wrong)..