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Apple spanks expectations, again. Shares up $40 in after hours trading
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04-26-2012, 09:38 AM
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22paseabelldaps
Join Date
Oct 2005
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438
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Having $100+ Billion in the bank, they can make some mad interest off of that and fast. In the next few years, if Apple gets to say $1,000 per share and gets ever closer to $1 Trillion in reserves, which at the rate they are going I can easily see this as a possibility, I wonder if the US government or any government would come in and attempt to pop Apples balloon.
Though I wonder if government will step in with tax increases on large corperations as we find out large business isn't paying much in taxes. GE didn't pay a penny last year, and apparently Apple only paid at a 9.8% rate in 2011 themselves.
What I am waiting for is Apple to break new ground. Get people to buy something they could have cared less about before. They got a great MP3 player, and people bought it up. Then they came out with the smartphone that people bought up and the same with tablets. They may not have been the first, but they were the first to at least break some ground and make headway before others. Be the first to come out with that great product everyone wants. Where is there next market break through and what will it be?
I could care less about the rest of their products. They give US something new, then I'll be interested. :-)
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