Sypher
Member
Apple has pushed past arch-rival Microsoft to become the world's biggest technology company.
Apple passes Microsoft to be biggest tech company
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Apple has pushed past arch-rival Microsoft to become the world's biggest technology company.
Simply taking into account revenue is not enough to judge a technology company. They are two different beasts. Apple is a hardware company - itunes the exception, they just sell some one else's goods, while Microsoft is purely software based.
And if anyone hasn't noticed, microsoft has the cap lead again. Also, anyone who knows trading knows microsoft is undervalued while apple is massively inflated.
That's the very definition of worst case vs best case scenario.
Tapatalk. Samsung Moment. Yep.
And if anyone hasn't noticed, microsoft has the cap lead again. Also, anyone who knows trading knows microsoft is undervalued while apple is massively
Google is saying APL has 230B to MSFTs 228B. Was that way all yesterday, too.
But, like I said.. short apple. It's trading at a crazy multiple compared to the sector. The only way they get away with it is if they launch some new products that analysts predict massive uptake of at their conference in 2(?) weeks.
Apple isn't even a hardware company the iphone for example uses mostly Samsung tech.Apple is a hardware company
I don't know stocks very well but is the net worth determined by what Wall Street believes it is worth?
I don't know stocks very well but is the net worth determined by what Wall Street believes it is worth?
Partly, but of that ~$250/share stock price, Apple has $50/share "in cash". Not to many companies can say that. Their P/E ratio is only 24, and there forward P/E is only 16...with the iPad selling out and people destined to by apps, they are creating another decent revenue stream to "increase" revenue growth. "iPod" sales have remained consistent year over year, and "if" Verizon gets the iPhone, there is no reason to "short" the stock. Espcially given the intrest/sales of Apple products in China. There is also a lot of "corporate" interest in integrating the iPad into firm's infrastructure (finance, insurance, medical, tech firms).
That said, I have no interest in buying "any" Apple products...I would buy some options though.
That's a ton of cash floating around. Are they looking at acquisitions?
iTouch sales have decreased y/y -- probably ipad cannibalization. VZW getting the iphone isn't why you short it -- you short it because it's trading at such a high multiple and expect it to crash some as a result.
My point was that with the overall outlook for Apple, discounting global eco/political issues, there is no reason to short Apple right now. It will see $300 before it sees $200..."especially" if VZ gets the iPhone. Recent reports were that the "regular iPod" sales were just as strong this year as last, if not a slight "increase". Bottom line, Apple is firing on all cylinders (forgot to mention that notebook sales were stronger as you mentioned).
I'm not sure about any M&A, I never knew Apple to be big into that like MSFT, CSCO, or EMC...they may be, but like I said, I have little to no interest in Apple products. I do think that eventually high schools, or more likely universities, will eventually adopt them as textbook replacements, etc.
I'd short it on the assumption that the WDC won't result in a VZW iphone announcement and the stock will fall as a result -- not assuming the stock would fall 20%+...
I think more of the Wall St. focus is on iPad sales, and subsequent app sales, along with the growing iPhone sales from the growing middle class in developing nations, and China. The iPhone on Verizon, is just icing on top of the cherry, that's on top of the icing on the cake.
I dunno. I just see wall street wanting apple to trade at 17x projected EPS and it feels like we're just looking for a stock crash.
Especially since most tech stocks top out at 12.
But hey, I don't trade the tech industry.