Expecting Apple to Reach $300 in 2008 [View article]
Well done! I think the Apple stock is dirt cheap (long term perspective). For everything that they doing, we are going to kick ourselves to not buy it at $150, $175, $250...
I remember seeing Berkshire Hathaway at $5,000/share, then $10,000/share....$50,0... and each time, it was cheap.
Apple's got great business, great products, great customers and great earning potential...what else can we ask for in an investment?
One thing that you are not accounting for is that whatever apple has sold (via AT&T or retail store), they spread that sales figures over 8 quarters, therefore 10 million iphone sales figures is a non-issue. I do appologize, but there was an article on Seeking Alpha about a month ago on this issue and it went into further details of exactly how that accounting worked and how their numbers are secured.
Could iPhone Become the Best Selling Smartphone on the Planet? [View article]
Even though that is very much a possibility, I think the predictions are off base. Europe just started to sell in Nov 07, to sell almost 2 million in two months is incredible, especially given the cost of the phone there. In US, to sell 2 million between Sept announcement of 1.4 million phones till end of the year could be possible. Therefore, my guess would be total sell of 3.5 - 3.75 million phones (counting from June 29th, 2007). That's 500,000 european sale and 3 million US sales.
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Latest | Highest ratedExpecting Apple to Reach $300 in 2008 [View article]
I remember seeing Berkshire Hathaway at $5,000/share, then $10,000/share....$50,0... and each time, it was cheap.
Apple's got great business, great products, great customers and great earning potential...what else can we ask for in an investment?
8 Reasons To Buy Apple Stock Now [View article]
One thing that you are not accounting for is that whatever apple has sold (via AT&T or retail store), they spread that sales figures over 8 quarters, therefore 10 million iphone sales figures is a non-issue. I do appologize, but there was an article on Seeking Alpha about a month ago on this issue and it went into further details of exactly how that accounting worked and how their numbers are secured.
Could iPhone Become the Best Selling Smartphone on the Planet? [View article]