What Apple's Valuation Could Be in 4 Years [View article]
Go to msn.com stock section. Enter any of the symbols below then click on chart symbol and then click on splits selection below the graph, this will show the splits, then enter max for time period and redraw the chart. Enter any of the following AAN, MSFT, INTC, ORCL, AMZN or ORLY. Before these stocks IBM and Xerox would be good examples. In the last five to ten years there haven't been as many splits because the market hasn't gone up like it did in the 1990's.
Many of the institutions would react just like individuals although as the P/E increased the more conservative would sell their stock, particularly if growth started to slow. See the Microsoft information in the 1990's and early 2000's. That is one of the reasons I suggested that the P/E and stock price would start to decline when the earnings growth started to slow in 2013 and 2014; if in fact that is what happens.
What Apple's Valuation Could Be in 4 Years [View article]
I don't know about borrowing but a stock buy back would make sense to me depending on what they want to do with the cash. They could actually have much more cash than shows on their balance sheet because they have 32 billion in long term investments. They may have a lot of gains that haven't been reported as income in those investments.
What Apple's Valuation Could Be in 4 Years [View article]
If the $240 is split 2 for 1 then it is $120 after the split. This puts it $20 above $100 so if it declines after the split it is still above $100 and if it is split 1-2 then it is $160 which is below $200 a share but gives it $80 to run to the next split. This is all based on the board and apple management wanting the stock to trade between $100 and $200 a share, or as a more expensive stock which is where it is trading now.
I would actually rather see it trade between $80 and $120 but for some reason they appear to want the stock to be more expensive. Maybe Jobs or someone else wants the stock to trade at a higher price than Google - who knows.
Is Apple Ready to Explode or Implode? [View article]
MMI is using the Android operating system - a commodity type environment cheap Clones of the Xoom will soon be available. These clones will dominate the Android market while Apple has its own operating system and only Android and maybe Microsoft competition - no direct clones.
Apples apps work on most of its line of mobile products while I have read that many of the Android apps don't work on all the android products. At the present time there are many more apps available for Apple than the Android mobile products.
Is Apple Ready to Explode or Implode? [View article]
First of all thank you very much for your comments. You really get it and maybe explained it a little better than I did in my article.
The thing that gets me is that Apple has been around from the beginning of the industry. In the fall of 1978 I started my CPA firm and had to chose between Apple and Radio Shack Computers. I picked Radio Shack because it had been around for decades, and Apple was new. It worked for me because of Microsoft and the business uses they developed. Microsoft went on to Develop the IBM PC software which we moved to.
But both of these companies Radio Shack and IBM couldn't survive in the PC business and make the type of money they wanted. Yet Apple is one of the most profitable companies around because they did what IBM had done for years; control both their software and hardware. Dell and HP are having a hard time as are all the other major companies including Microsoft. The only exception is Google but they aren't making any money from software or hardware just search.
Apple 33 years later owns the business right now and if it weren't for Google and Android - Apple would be unbelievable. Amazingly, Clem Chambers thinks it's a Fad and won't last and the stock is over priced. I just see them getting stronger and stronger, at some point their growth rate will decline and they will stop growing, but I don't see it for quite a few years. But maybe I am nuts and don't understand this company and market.
What Apple's Valuation Could Be in 4 Years [View article]
Many of the institutions would react just like individuals although as the P/E increased the more conservative would sell their stock, particularly if growth started to slow. See the Microsoft information in the 1990's and early 2000's. That is one of the reasons I suggested that the P/E and stock price would start to decline when the earnings growth started to slow in 2013 and 2014; if in fact that is what happens.
What Apple's Valuation Could Be in 4 Years [View article]
What Apple's Valuation Could Be in 4 Years [View article]
What Apple's Valuation Could Be in 4 Years [View article]
I would actually rather see it trade between $80 and $120 but for some reason they appear to want the stock to be more expensive. Maybe Jobs or someone else wants the stock to trade at a higher price than Google - who knows.
Is Apple Ready to Explode or Implode? [View article]
Apples apps work on most of its line of mobile products while I have read that many of the Android apps don't work on all the android products. At the present time there are many more apps available for Apple than the Android mobile products.
Is Apple Ready to Explode or Implode? [View article]
The thing that gets me is that Apple has been around from the beginning of the industry. In the fall of 1978 I started my CPA firm and had to chose between Apple and Radio Shack Computers. I picked Radio Shack because it had been around for decades, and Apple was new. It worked for me because of Microsoft and the business uses they developed. Microsoft went on to Develop the IBM PC software which we moved to.
But both of these companies Radio Shack and IBM couldn't survive in the PC business and make the type of money they wanted. Yet Apple is one of the most profitable companies around because they did what IBM had done for years; control both their software and hardware. Dell and HP are having a hard time as are all the other major companies including Microsoft. The only exception is Google but they aren't making any money from software or hardware just search.
Apple 33 years later owns the business right now and if it weren't for Google and Android - Apple would be unbelievable. Amazingly, Clem Chambers thinks it's a Fad and won't last and the stock is over priced. I just see them getting stronger and stronger, at some point their growth rate will decline and they will stop growing, but I don't see it for quite a few years. But maybe I am nuts and don't understand this company and market.