Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.

dogie678

macrumors regular
Original poster
It's now the second-largest company in the U.S., and it still manages to grow its earnings by more than 50% a year.


In the four years I've followed Apple (AAPL) as it's grown from a mere mid-sized tech stock to becoming the second largest corporation in the United States in terms of market capitalization, I never imagined that it or any other company of its size would be able to consistently grow its earnings by well over 50% a year.

While Apple is now larger than Microsoft (MSFT), Google (GOOG), Cisco (CSCO), and Intel (INTC), it still enjoys the growth rate of small cap tech stocks. A few weeks ago I wrote an article entitled Apple's $63.5 Billion Revenue Year where I offer comprehensive revenue estimates for Apple's fiscal Q3 and Q4 of 2010. Picking up where that report left off, I'll take a look at Apple's potential 2010 earnings.


http://tech.fortune.cnn.com/2010/07/12/how-apple-maintains-explosive-earnings-growth/
 
My wife is going to have to roll over her 401k into an IRA. I'm very seriously looking for one that invests in Apple.
 
Looks like it's time for me to pick up some AAPL stock. I bet it will be at least 315-320 a share By november or early december.
 
Register on MacRumors! This sidebar will go away, and you'll see fewer ads.