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Congratulations Apple!!!!!
- Thread starter derajfast
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yawn, call me when their p/e is the same as dell's. $70 billion with a p/e of 54 isn't as impressive as $70 billion with a p/e of 24. google right now is "worth" more than ibm as of 1/13/2005:
google:
$137 billion; p/e = 103
ibm:
$131 billion; p/e = 16
if ibm had google's p/e, it'd a trillion dollar company. or rather google should really be worth $13 billion. apple's market cap right now is purely hype.
google:
$137 billion; p/e = 103
ibm:
$131 billion; p/e = 16
if ibm had google's p/e, it'd a trillion dollar company. or rather google should really be worth $13 billion. apple's market cap right now is purely hype.
I think the Apple Market will drop a good bit on the release of windows vista. If you guys don't remember the xp launch is was nuts. Every store was running specials and giving away hardware and software that was supported by windows xp and most of the stores were selling out at like $499 a copy (retail).
its hard to asses value of a company since you cannot predict future earnings and growth. thats why p/e and valuation are not good indicators...i never invest based on value. value means i should invest my money in microsoft and wal mart and not apple or google ...... relative value is more accurate
WildCowboy said:
OH MY GOD! WHAT THE HELL IS GOING ON? HAS APPLE BEEN SELLING ONLY TO THE USA? HAS MACRUMORS BECOME A BLINKERED COMMUNITY ONLY ABLE TO SEE WITHIN THE USA?
42 million iPods - worldwide total, not US total.
jesus.
forgive me for my outburst but, please, realise there's a world around you. it's incredibly annoying coming from another part of the world and trying to play nice, and just seeing things like this. no personal offence meant,,, just,,, it seems awfuly shortsighted. not to mention the figures you're working with aren't entirely accurate, because you're taking a worldwide figure and using it for a national calculation. - why not find out how many pods have been sold within the US first?
bigandy said:
Whoa...time to take some valium...it's just a back of the envelope calculation, relax. I've looked for US data on number of iPods and haven't seen it. But if you'd like me to put some more effort into it, I will. Let's see...digging back into Apple's financial information from Q4 2005, there is some data on geographic distribution of CPUs sold, but not iPods. Maybe that's representative of iPod distribution too. US is 636,000 units out of 1,236,000 total units, or about 50% of the total. But hold on. The retail sales are broken out separately. Unfortunately retail isn't broken down geographically. Well, let's remove retail sales from the total to get 1,034,000. So US sales are about 61.5% of the total. I guess you could assume that the retail proportion is the same, though I might imagine the US percentage would be higher due to the US-centric distribution of the Apple Stores, but we'll ignore that here. So applying the US percentage of CPU sales to iPod sales, the US has purchased approximately 26 million iPods. I'll stand by my estimate of 100 million households (280 million people, and 2.8 people per household...it's rough, and I think the number is slightly higher, but not by much). So 8 million households have purchased 26 million iPods, or a little over 3 per household.
Thank you so much for making me spend ten minutes working all of this out...I didn't have anything better to do tonight. I'll try not to make any off the cuff remarks in the future.
derajfast said:
i would disagree. although future earnings and growth may be difficult to predict accurately, an accurate estimate is easier in some industries than others. p/e may not be perfect, but it's certainly useful especially when comparing them to competitors in a particular industry. look at google vs. yahoo, amd vs. intel. also, what do you mean by relative value?
yes its hard....thats what makes the stock market difficult..... but personally, i dont believe in investing based on value.....if i do consider value, its relative value.....im not going to invest in a company that doesnt have potential to grow even though they have good value
there is a marked difference between apple and dell. google vs yahoo or AMD vs intel, these companies really do the same thing when you look at the company as a whole. When's the last time you heard "dell" and "innovation" and "technology" used in the same paragraph, much less in the same sentence. Dell has commoditized computers, which hey there's nothing wrong with that but when comparing Apple and Dell you need to take this into account.
jhu said:
derajfast said:
I remeber that very well, it was shortly after I moved down here to texas, and interestingly enough, I'm directly related to the person that was responsible for Michael Dell getting the keynote speaker role, was most interesting because said person commented when they returned that Micheal had just made a huge mistake and seriously underestimated Apple that it would most likely come back to haunt him. Karma's a b****, and rather ironic because Dell is beginning to run into some rather large problems, such as their massive capacitor issue ( did you know they're rebuilding boards with the exact same capacitors?) , their own severe discounting, not to mention their almost complete lack of change over the last several years. It's going to be rather interesting to see what dell's going to do over the next several years, we might see one hell of a trainwreck.
ObsidianIce said:
usually "dell", "innovation", and "technology" require at least two sentences. dell's innovation comes in how well they're able to manage their supply chain and inventory. and they are a company that sells technology. basically, innovation doesn't necessarily have to involve technology. with regard to apple, they do have innovative industrial design. however, with regard to technology, they really aren't as innovative as, for example, intel, ibm, or sun in terms of software or hardware.
jhu said:
I should have been more clear that's what i was driving at, I'm talking only about actually designing items really. i agree their supply chain innovation is excellent, perhaps only outdone by Wal-mart really. That's the difference that matters in this particular instance. I would also say that Apple does go beyond more than just innovative industrial design. The writing of an operating system, or video software, audio software, is a little more than just industrial design. and no Apple definitely is not like an IBM or Intel, because it's just not what we do, and innovation wise I wouldn't compare Apple to them which was sort of my point in saying not to directly compare Dell and Apple without noting the differences.