DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Apple spanks expectations, again. Shares up $40 in after hours trading

**Hixinfineedom** · 04-28-2012, 01:13 AM

Oh come on... you can't compare Apple with the dot.com bubble - unless you're going to say the same thing about Nokia for example. Apple are both a software company and consumer electronics company - their value isn't based on 'potential', their earnings and sales are very real.

Is most of their value on paper or in investments, assets, etc? Their value is because their stock is way overvalued. You know it, I know it, anyone watching them know it. They are a solid company, but their stock price is halfway priced on the coolness factor too. And like nokia, it won't last. A samsung will come along and take their share too.

Apple tv *might* be their last big thing. The might is because, it could just as easily fail. After that, the cool stuff will be coming from google (hud glasses) and microsoft (fold-able computers/smart phones). It will be really tough for apple to retain the coolness factor when they are patented out of the market.

No way would I buy apple stock today at this price. And those that are, are playing a crazy game of russian roulette.

Do you really look at their valuation being twice that of exxon (or anyone else for that matter) and not scratch your head?

04-28-2012, 01:13 AM	#40
Hixinfineedom Join Date Oct 2005 Posts 490 Senior Member	Oh come on... you can't compare Apple with the dot.com bubble - unless you're going to say the same thing about Nokia for example. Apple are both a software company and consumer electronics company - their value isn't based on 'potential', their earnings and sales are very real. Is most of their value on paper or in investments, assets, etc? Their value is because their stock is way overvalued. You know it, I know it, anyone watching them know it. They are a solid company, but their stock price is halfway priced on the coolness factor too. And like nokia, it won't last. A samsung will come along and take their share too. Apple tv might be their last big thing. The might is because, it could just as easily fail. After that, the cool stuff will be coming from google (hud glasses) and microsoft (fold-able computers/smart phones). It will be really tough for apple to retain the coolness factor when they are patented out of the market. No way would I buy apple stock today at this price. And those that are, are playing a crazy game of russian roulette. Do you really look at their valuation being twice that of exxon (or anyone else for that matter) and not scratch your head?
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