Constable Odo

How Apple's Market Share Will Propel Stock to $500, Part 2

I hate to say this, but these articles are way over the top. Apple can barely hold $200 a share. Even Amazon is making Apple stock look like nothing special. I don't care how good a company Apple is, investors don't really care that much for it. All the talk about accounting changes, reserve cash and ultra-high iPhone demand is doing nothing for the stock. Do you think investors are going crazy that they opened a store in the Louvre? Hell, no. Apple share price is about the same as it was before earnings. Apple would have to sell about 20 million iPhones just to hold the stock over $200. I positively enjoy my Apple products and I think their quality is way above average, but investors just don't care about those sort of things, apparently. Maybe Apple isn't making enough profits the way Amazon is. Apple is really starting to pile on overhead with those retail stores and maybe that's what is making investors angry. $500 is a pipe dream. Maybe $250 and even that will be hard to come by.

Who Will Take GM's Place in the Dow?

Wall Street will definitely choose Cisco. In WS's opinion, Cisco makes really serious business devices, while Apple is still looked upon as merely a high-tech toy company.