How Apple's Market Share Will Propel Stock to $500, Part 2 [View article]
I can't do the arithmetic to say that AAPL might reach a particular target, but I can see that Apple is a very unusual company. They have no debt, a huge amount of cash, no legacy technology holding them back, they own their own technology and designs. They now have this fantastic machine for developing new tech products. They are not limited to PCs, iPods and iPhones. Any consumer product that involves software is a potential target for Apple expansion. This will be fantastic to watch.
Fast Money Recap - Is This Apple Rumor True? (4/28/09) [View article]
The iPhone is really a new category of communication device. That is why sales were so strong in the March quarter in spite of the bad economy over all. This is a sea change. The next version of the iPhone coming in June looks to be a large step up from the current version. Apple is riding a future wave.
Apple Investors: Fasten Your Seatbelts, Put On Helmets [View article]
I really don't understand how people try to forecast stock prices day-to-day, week-to-week, or even month-to-month. As many have pointed out Apple is a well managed company with great financials, great products and plenty of room to grow market share for their computers and the iPhone if not the iPods. Long term if they continue being well managed and continue innovating as they have for years then you have to expect that sales will increase and that share prices will increase with revenues. However, how do you say that due to this news or that Apple stock went up or down a few dollars? Did you go out and interview everyone who bought and sold shares today?
It reminds me of when I used to listen to the Detroit Tigers baseball games on the radio. Ernie Harwell had this thing that when a foul ball was hit into the stands he would say something like "A fan from Royal Oak, Michigan caught that ball." or "A fan from Wyandotte, Michigan just fielded that one." I always wondered how he knew.
How Apple's Market Share Will Propel Stock to $500, Part 2 [View article]
Fast Money Recap - Is This Apple Rumor True? (4/28/09) [View article]
Apple Investors: Fasten Your Seatbelts, Put On Helmets [View article]
It reminds me of when I used to listen to the Detroit Tigers baseball games on the radio. Ernie Harwell had this thing that when a foul ball was hit into the stands he would say something like "A fan from Royal Oak, Michigan caught that ball." or "A fan from Wyandotte, Michigan just fielded that one." I always wondered how he knew.