Apple stock - Page 2 - PeachParts Mercedes-Benz Forum

elchivito · #16 01-24-2013, 02:56 PM

Quote:

Originally Posted by cjlipps

That's some good math. Sounds like you have done well. That's sound reasoning in my opinion especially with the amount of cap gains tax you would pay on a sale and the fact that heirs get a step up in basis.

Thanks. It is quite literally the ONLY really good stock investment I've ever made. Some Smith and Wesson and Ruger a year or so ago, but I'm going to dump it and be done with the market.... again.

MTI · #17 01-24-2013, 03:06 PM

Quote:

Originally Posted by raymr

I think Apple is facing the same realignment that IBM had to do 10-12 years ago. Known for their proprietary operating systems and networks, they had to "open up" to become competitive again.

I would disagree. Apple's biggest gains are when they revolutionize an existing market. They weren't the first digital audio player, online music store, smartphone, or tablet. They won't be the first "smart TV" but they could have that missing piece . . . The sofa interface that connects viewers with the content they want on the screen.

raymr · #18 01-24-2013, 03:12 PM

Quote:

Originally Posted by MTI

I would disagree. Apple's biggest gains are when they revolutionize an existing market. They weren't the first digital audio player, online music store, smartphone, or tablet. They won't be the first "smart TV" but they could have that missing piece . . . The sofa interface that connects viewers with the content they want on the screen.

I'm still waiting to get rid of my cable subscription. If Apple comes up with a good alternative, I'm in.

ah-kay · #19 01-24-2013, 03:23 PM

This thread has become another Berkshire Heatherway Inc Special, nothing but gloating.

1) What goes up must come down.
2) AAPL has nothing new to offer.
3) Any talk about AAPL going to $1000 is all pump and dump.
4) Whoever has bought a iPhone, iPad has done so already. The market is saturated.
5) May be we can talk about iGloat here.

cjlipps · #20 01-24-2013, 04:15 PM

Quote:

Originally Posted by ah-kay

This thread has become another Berkshire Heatherway Inc Special, nothing but gloating.

1) What goes up must come down.
2) AAPL has nothing new to offer.
3) Any talk about AAPL going to $1000 is all pump and dump.
4) Whoever has bought a iPhone, iPad has done so already. The market is saturated.
5) May be we can talk about iGloat here.

1-4 are very good points. Pity they are marred by the overall bitterness of the post.

w123love · #21 01-24-2013, 05:48 PM

Quote:

Originally Posted by ah-kay

This thread has become another Berkshire Heatherway Inc Special, nothing but gloating.

1) What goes up must come down.
2) AAPL has nothing new to offer.
3) Any talk about AAPL going to $1000 is all pump and dump.
4) Whoever has bought a iPhone, iPad has done so already. The market is saturated.
5) May be we can talk about iGloat here.

There will always be a demand for the latest and greatest. The iPhone iPad dynasty would have died out long ago if pt. 3 was true. There is a reason for the 5th generation iPhone, and the 3rd generation iPad.

E150GT · #22 01-24-2013, 06:03 PM

Its all about emotion

elchivito · #23 01-24-2013, 07:23 PM

Quote:

Originally Posted by cjlipps

1-4 are very good points. Pity they are marred by the overall bitterness of the post.

Well said. I specifically wasn't gloating. If I wanted to gloat I'd say I'd sold 8000 shares of Apple at 600 a share. I didn't and I won't. iPhones, iPads, meh. Who knows what's next? You can be sure, whatever it is, AAPL will do it better, make buyers want it more fervently, and at a higher profit margin than anyone else.

Skid Row Joe · #24 01-25-2013, 12:05 AM

The NASDAQ, and Apple stock specifically, have not been where you have wanted to be for at least the past 4 months. Some are now just beginning to realize this, through their ongoing losses.

Skid Row Joe · #25 01-25-2013, 05:52 PM

Quote:

Originally Posted by E150GT

Its all about emotion

No, it's all about earnings. Or the lack thereof. It's been so overpriced for so long, something had to give. The harbinger's been there for months. The run for the exit door continues.

In yet another sizeable Up market (even the NASDAQ) day across the board - it's plunge continued Down another nearly 2.5%. Wow!

MTI · #26 01-26-2013, 11:29 AM

Earnings? How are Apple earnings "down?" What was notable about the recent revenue and sales is that Apple sold more iPhone 4S than 5's, likely due to the extreme low price point offered by the carriers . . . and the iPad Mini outsold the iPad, again price point, but also consumers that wanted a smaller device.

But as they . . . buy low and sell high.

elchivito · #27 01-26-2013, 11:49 AM

Quote:

Originally Posted by MTI

Earnings? How are Apple earnings "down?" What was notable about the recent revenue and sales is that Apple sold more iPhone 4S than 5's, likely due to the extreme low price point offered by the carriers . . . and the iPad Mini outsold the iPad, again price point, but also consumers that wanted a smaller device.

But as they . . . buy low and sell high.

From a stock buyer's perspective I can see that it's not a good buy. They've always estimated very conservatively so their predictions were always easy to exceed, pumping the price of shares each time they reported beating their predictions. Oppenheimer even admits it. Now they've decided to suspend their earnings per share estimates.
Makes no never mind to me.

Dee8go · #28 01-28-2013, 12:13 PM

When I read this article by Bret Arends this morning, I thought I should post some of it here. So, here's a little perspective on Apple for those of you who think it's over-priced, ready for a fall, etc:

"Let’s start with the basic numbers. Apple’s latest quarterly earnings show the company has $169 billion in cash and liquid assets, and just $69 billion in total liabilities. So the company is basically sitting on $100 billion in cash or equivalents — about $105 per share. (It has another $24 billion in commitments to buy components and pay leases on retail stores. Including those would change the numbers a bit, but not much.)

In short, Apple isn’t really a $445 stock. Net of cash, it’s a $330 stock.

That’s just seven times forecast earnings of $45 per share for the current fiscal year, which runs through Sept. 30. That’s half the rating of the rest of the stock market, which has historically traded at about 14 times forecast per-share earnings.

At current prices, Apple, net of cash, is less than six times forecast cashflow per share.

And that isn’t just because margins are currently elevated. Apple, net of cash, is valued at less than twice forecast revenues. Apart from a brief period during the depths of the financial crisis, this is the lowest such rating seen since 2004.

Apple is simply gushing cash each month. The company’s operating cashflow was $23 billion — or $24 per share — last quarter alone.

Tim Cook, the company CEO, doesn’t seem to have the panache (or ability at spin) of his legendary predecessor, the late Steve Jobs. But none of that really matters. What matters is how well the business performs.

Last quarter, net sales were up 18%. Sales in China were up 67%. Revenues from selling iPhones rose 28%, those from selling iPads, 22%.

Apple shouldn’t be viewed as a simple technology company. It should mainly be viewed as a luxury goods company — the LVMH or Tiffany of tech. People pay extra to own an Apple product. Sometimes they pay a lot more. The company’s gross margins were 39% last quarter."

Hatterasguy · #29 01-28-2013, 03:33 PM

Dee8go that article sounds about right.

Nothing but a market correction, now would probably be a good time to buy Apple.

They make a lot of money, and sell a lot of high end electronic products that people want.

Not everyone is trying to cobble together a PC for $300 and Apple doesn't target that market. They target guys like me who would never build a computer, but would happily shell out over $2k for the latest shiny IMac.

What tech people forget when they cry about this operating system or that, is that there are more none tech people out their who simply don't care. They just want a nice product that works well and has great tech support. Apple provides this.

MTI · #30 01-28-2013, 04:22 PM

The only computer that hasn't seen a significant upgrade from Apple recently is the Pro tower, which has a somewhat smaller customer base compared to the laptops, Mini and iMac.

2013 will likely see a retina display Mini iPad, upgraded Apple TV box, Siri on more platforms (built into OS X?), an iPhone 5S and maybe an Apple flatscreen TV that talks to everything Apple. Further down the road? What if everything Apple made ran iOS?