danzada $AAPL The only company that can grow 18% and still plummet at less than 12 P/E
Jan 23, 4:39 PM
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Zhang Fei: For the quarter, earnings were slightly below last year's, despite a full quarter of Iphone 5's vs the Iphone 4s that came out on 10/14/11.
Jan 23, 4:52 PM
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Zhang Fei: Apple is running out of high-end customers. It can sell more units, but only at a lower price, which is what its results are saying.
Jan 23, 4:53 PM
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Zhang Fei: Ultimately, all cell phones will be smart phones. But the price curve will be the feature phone price curve. Remember when people moved from
Jan 23, 4:54 PM
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Zhang Fei: dial-up internet access to broadband internet access? People are paying more or less the same for broadband as they did for dial-up. As the
Jan 23, 4:55 PM
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Zhang Fei: price curve shifts downward, AAPL's profits will fall with it. Which is fine for AAPL as a company - it will survive. Shareholders who
Jan 23, 4:55 PM
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Zhang Fei: bought at peak profit could take a beating, though.
Jan 23, 4:56 PM
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Humble Eagles: $aapl No, earnings were slightly higher..the share count went up, so the EPS was slightly lower.