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Post by 2centsplus on Sept 4, 2015 19:40:02 GMT -8
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Post by 2centsplus on Sept 4, 2015 20:06:15 GMT -8
Lest anyone get depressed on this fine Labor Day weekend, let's look at the bright side.
All signs seem to point to continued excellent iPhone sales (for latest, see Kantar link in daily thread), this quarter and then after launch of the new iPhone.
How many times have we watched this play out where everyone doubts that iPhone sales can continue to grow in the face of Samsung competition, Android competition, recession concerns, China concerns, Steve Jobs leaving, losing Flash, high margins, etc., etc., etc., and then somehow (miraculously!) it happens? Maybe 17 times now?
And forget the PE and ecosystem and cash and everything else - strong iPhone sales move this stock price.
What's not to like?
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JDSoCal
Member
Aspiring oligarch
Posts: 4,182
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Post by JDSoCal on Sept 4, 2015 22:24:57 GMT -8
Lest anyone get depressed on this fine Labor Day weekend, let's look at the bright side. All signs seem to point to continued excellent iPhone sales (for latest, see Kantar link in daily thread), this quarter and then after launch of the new iPhone. How many times have we watched this play out where everyone doubts that iPhone sales can continue to grow in the face of Samsung competition, Android competition, recession concerns, China concerns, Steve Jobs leaving, losing Flash, high margins, etc., etc., etc., and then somehow (miraculously!) it happens? Maybe 17 times now? And forget the PE and ecosystem and cash and everything else - strong iPhone sales move this stock price. What's not to like? Three years of guys on the forum bucking us up like this?
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Post by 2centsplus on Sept 4, 2015 22:28:43 GMT -8
Lest anyone get depressed on this fine Labor Day weekend, let's look at the bright side. All signs seem to point to continued excellent iPhone sales (for latest, see Kantar link in daily thread), this quarter and then after launch of the new iPhone. How many times have we watched this play out where everyone doubts that iPhone sales can continue to grow in the face of Samsung competition, Android competition, recession concerns, China concerns, Steve Jobs leaving, losing Flash, high margins, etc., etc., etc., and then somehow (miraculously!) it happens? Maybe 17 times now? And forget the PE and ecosystem and cash and everything else - strong iPhone sales move this stock price. What's not to like? Three years of guys on the forum bucking us up like this? It's a tough job but someone's got to do it.
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Post by phoebear611 on Sept 5, 2015 4:03:00 GMT -8
There are so many things the Company can do to silence many of the critics but MOST importantly to satisfy their customers - (1). fix the damn iTunes / Apple Music (2). wow us with something better on the iWatch with a new iOS or app or whatever - my watch has gotten quite buggy lately too. (3). iTV - how about it? There was sloppiness along the way - could have been buttoned up better but what's done is done now it needs to be right and nothing short of SIMPLE and PERFECT in the good old Apple way. How about it Apple? Like the really old Calgon commercial...."Take me away!" With all the money they have I just don't see how this happens. I can appreciate money not buying happiness but how does money not buy talent...genius??? EVERYONE has a price - it's all just a negotiation. And the whole Iovine/Dr. Dre deal I think was a piece of crap by the way. They have done nothing to differentiate this company in my opinion. Ah...bring back the Roman Colosseum - thumbs down - send in the tigers! Now off to enjoy the lovely Labor Day weather after my short rant.
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Post by firestorm on Sept 5, 2015 6:18:47 GMT -8
The Apple growth story has been interrupted until they come up with another revolutionary product. In the late '90s and most of the 2000s, Apple had an open field as they ran with great design and fresh ideas. I think the problem now is that Google, Amazon, and even Microsoft have emulated Apple's approach, so there are a variety of companies jockeying to start the next revolution. It is harder now. I think it is time to become much less heavily invested in a single company.
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bud777
fire starter
Posts: 1,352
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Post by bud777 on Sept 5, 2015 7:54:16 GMT -8
The Apple growth story has been interrupted until they come up with another revolutionary product. In the late '90s and most of the 2000s, Apple had an open field as they ran with great design and fresh ideas. I think the problem now is that Google, Amazon, and even Microsoft have emulated Apple's approach, so there are a variety of companies jockeying to start the next revolution. It is harder now. I think it is time to become much less heavily invested in a single company. I assume that you are talking about the stock price and not the fundamentals. The growth of Apple's fundamentals has been staggering. It has taken the "Law of Large Bullshit" and shoved it back where it belongs. No company this large has had the kind of growth that Apple has pulled off over the past few years. The stock price is another matter. I believe that Apple is the most widely held stock but only about 60% is held by institutions. Keep in mind that an "institution" is anyone owning more than 1000 shares. With 40% of the stock owned by smaller investors, it is a prime playground for the kind of psychological manipulation that we see every day. The irrational movement in the stock has been going on for a long time. I seem to remember Steve Jobs saying something about the stock price being controlled by much larger forces than Apple. This is nothing new. The most difficult part of watching this stock is the apparently irrational behavior. It really changes nothing in my life if Apple move up or down by 20 points, but I become obsessed in trying to find rational explanations. Cognitive dissonance is a bitch. I mentioned systems dynamics model in my last post. These are just a set of differential equations, usually expressed in graphical form, that describe the stock behavior. They are especially useful in understanding systems that have feedback loops. Momentum investing is a kind of feedback loop. If you have nothing better to do on this labor day weekend, search on "Stock Market Systems Dynamics" and read a few of the abstracts. It won't give you the answers, but it will open up an exciting and novel way to try to understand what is happening. Then come back here and explain it to me, please
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Post by rickag on Sept 5, 2015 8:20:48 GMT -8
The Apple growth story has been interrupted until they come up with another revolutionary product. In the late '90s and most of the 2000s, Apple had an open field as they ran with great design and fresh ideas. I think the problem now is that Google, Amazon, and even Microsoft have emulated Apple's approach, so there are a variety of companies jockeying to start the next revolution. It is harder now. I think it is time to become much less heavily invested in a single company. If you're talking about the extreme growth the iPod then iPhone had with growth rates at or above 100%, then yes. Looking at the iPhone only, Europe & North America aren't saturated but close and growth comes from switchers. China still has a lot of potential growth from expansion of LTE and increasing middle class. There remains India, Southeast Asia. South America and Central America. I am not sure Google, Amazon and Microsoft can emulate Apple. Very different companies when compared to Apple. The only concern I have is Apple deviating from what Apple was, a focused company on only those projects they can produce enhancing users lives and life experiences. The iPhone may be a once in a generation product. It performs a multitude of personal functions now, with who knows what next, yet it is affordable enough for a very large %age of the world's population. We"ll see. They haven't gone bat shit crazy like Google with moonshot projects, nor expansion at all costs like Amazon not sure how to describe Microsoft, they just seem to be lingering at what they do. One area of potential growth I think is overlooked is enterprise. Yes Microsoft dominates for software, but Apple computers can run Microsoft natively and with increasing use of Apple mobile devices in enterprise there seems to be an opening for Apple & IBM to create a little disruption.
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Post by 2centsplus on Sept 5, 2015 8:28:13 GMT -8
There are so many things the Company can do to silence many of the critics but MOST importantly to satisfy their customers - (1). fix the damn iTunes / Apple Music (2). wow us with something better on the iWatch with a new iOS or app or whatever - my watch has gotten quite buggy lately too. (3). iTV - how about it? There was sloppiness along the way - could have been buttoned up better but what's done is done now it needs to be right and nothing short of SIMPLE and PERFECT in the good old Apple way. How about it Apple? Like the really old Calgon commercial...."Take me away!" With all the money they have I just don't see how this happens. I can appreciate money not buying happiness but how does money not buy talent...genius??? EVERYONE has a price - it's all just a negotiation. And the whole Iovine/Dr. Dre deal I think was a piece of crap by the way. They have done nothing to differentiate this company in my opinion. Ah...bring back the Roman Colosseum - thumbs down - send in the tigers! Now off to enjoy the lovely Labor Day weather after my short rant. I agree with this. I don't think Steve Jobs would have let the Apple Watch or Music out the door in their current state. BUT - and this is a big BUT - I think that beneath the friendly exterior of Tim Cook there's an extremely intense, driven, competitive individual, which is largely why Jobs picked him. Tim Cook knows what we know and I bet behind the scenes heads are rolling, starting with that Beats executive recently. TC just needs to whip the software into shape the way he did the hardware.
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Post by deasys on Sept 5, 2015 8:31:10 GMT -8
…Google, Amazon, and even Microsoft have emulated Apple's approach, so there are a variety of companies jockeying to start the next revolution. And yet we still await the results of their newfound inventiveness… In the meantime, Apple has created and/or realized the pressure sensitive display, Thunderbolt, Lightning, USB-C, Apple Pay, the world's quietest and most compact workstation computer, HomeKit, CarPlay, integrated 5K displays, and the only platform-based wearable technology among other things. It's only a matter of time until even the blind (e.g. Wall Street, resisting with all its might) see. (I'm such an optimist!)
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Post by nagrani on Sept 5, 2015 8:47:01 GMT -8
It also has created a high margin revenue model with the App Store
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Post by chasmac on Sept 5, 2015 9:34:16 GMT -8
There are so many things the Company can do to silence many of the critics but MOST importantly to satisfy their customers - (1). fix the damn iTunes / Apple Music (2). wow us with something better on the iWatch with a new iOS or app or whatever - my watch has gotten quite buggy lately too. (3). iTV - how about it? There was sloppiness along the way - could have been buttoned up better but what's done is done now it needs to be right and nothing short of SIMPLE and PERFECT in the good old Apple way. How about it Apple? Like the really old Calgon commercial...."Take me away!" With all the money they have I just don't see how this happens. I can appreciate money not buying happiness but how does money not buy talent...genius??? EVERYONE has a price - it's all just a negotiation. And the whole Iovine/Dr. Dre deal I think was a piece of crap by the way. They have done nothing to differentiate this company in my opinion. Ah...bring back the Roman Colosseum - thumbs down - send in the tigers! Now off to enjoy the lovely Labor Day weather after my short rant. I agree with this. I don't think Steve Jobs would have let the Apple Watch or Music out the door in their current state. BUT - and this is a big BUT - I think that beneath the friendly exterior of Tim Cook there's an extremely intense, driven, competitive individual, which is largely why Jobs picked him. Tim Cook knows what we know and I bet behind the scenes heads are rolling, starting with that Beats executive recently. TC just needs to whip the software into shape the way he did the hardware. How did you lump the Watch in with the Music? Saying Steve Jobs would've never unleashed it in its current form is nonsense. Did you have the first iPhone? I did and it was nowhere as polished as the Apple Watch is. Sheesh.
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Post by 2centsplus on Sept 5, 2015 9:48:23 GMT -8
I agree with this. I don't think Steve Jobs would have let the Apple Watch or Music out the door in their current state. BUT - and this is a big BUT - I think that beneath the friendly exterior of Tim Cook there's an extremely intense, driven, competitive individual, which is largely why Jobs picked him. Tim Cook knows what we know and I bet behind the scenes heads are rolling, starting with that Beats executive recently. TC just needs to whip the software into shape the way he did the hardware. How did you lump the Watch in with the Music? Saying Steve Jobs would've never unleashed it in its current form is nonsense. Did you have the first iPhone? I did and it was nowhere as polished as the Apple Watch is. Sheesh. OK, you may be right - I'm easy. I don't even own an Apple Watch. I'm just judging from the many fairly mainstream reviewers who said it was taking them hours or days to figure out how to use it. Just didn't seem too mainstream/consumer-friendly/ease-of-use/for-the-rest-of-us-ish.
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Post by Luckychoices on Sept 5, 2015 11:26:56 GMT -8
How did you lump the Watch in with the Music? Saying Steve Jobs would've never unleashed it in its current form is nonsense. Did you have the first iPhone? I did and it was nowhere as polished as the Apple Watch is. Sheesh. OK, you may be right - I'm easy. I don't even own an Apple Watch. I'm just judging from the many fairly mainstream reviewers who said it was taking them hours or days to figure out how to use it. Just didn't seem too mainstream/consumer-friendly/ease-of-use/for-the-rest-of-us-ish. From a fairly mainstream owner of an Apple Watch, I've never understood reviewers who seemed to be so puzzled about how to use the watch. My wife and I have owned iPhones since the first release, have iPhone 6s at present, and I'm absolutely positive there are quite a few good iPhone features we don't know anything about. We just tended to learn how to do what we needed. When the Apple Watch was released, we read about it's many capabilities and, if it wasn't obvious about how to take advantage of them, we watched one of the videos Apple released to demonstrate how to do it. Nothing could have been easier.
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Post by Lstream on Sept 5, 2015 13:19:34 GMT -8
How did you lump the Watch in with the Music? Saying Steve Jobs would've never unleashed it in its current form is nonsense. Did you have the first iPhone? I did and it was nowhere as polished as the Apple Watch is. Sheesh. OK, you may be right - I'm easy. I don't even own an Apple Watch. I'm just judging from the many fairly mainstream reviewers who said it was taking them hours or days to figure out how to use it. Just didn't seem too mainstream/consumer-friendly/ease-of-use/for-the-rest-of-us-ish. I will be short and sweet. Reviewers that claim it takes hours to figure out the Watch are liars or idiots. Apple Music is a mess, but the Watch is a solid product for a first generation device.
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Post by phoebear611 on Sept 5, 2015 13:27:11 GMT -8
The biggest issue with the watch was the actual launch - it took away from the buzz and the excitement the product was beginning to have and could have built on. There was confusion as to whether it was available or not in the stores or when it might become available - and let's not forget the ill informed personnel in the Apple stores. I don't care what anyone says - Steve Jobs would have personally gone down there and belittled the unpreparedness and all of you know it. It was a botched launch and it took away from the initial success. It doesn't mean it won't have future success and we are starting to hear those numbers now thru some whispers but we didn't have to be put in this position to begin with. And yes - my watch is QUITE buggy. I can't unlock it at times - it just crashes. Happened to my daughter as well. My son too - he isn't wearing his anymore. This is not what I want to hear as an investor (they are 20 something millennialist). Oh and forget Apple Music. Look - your preaching to the converted - I would like them to listen to it but it's not happening and this resonates with me that something is wrong because as I said earlier - not one of their friends feel differently. I find this immensely bothersome.
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Post by aaplcrazie on Sept 5, 2015 16:09:44 GMT -8
The biggest issue with the watch was the actual launch - it took away from the buzz and the excitement the product was beginning to have and could have built on. There was confusion as to whether it was available or not in the stores or when it might become available - and let's not forget the ill informed personnel in the Apple stores. I don't care what anyone says - Steve Jobs would have personally gone down there and belittled the unpreparedness and all of you know it. It was a botched launch and it took away from the initial success. It doesn't mean it won't have future success and we are starting to hear those numbers now thru some whispers but we didn't have to be put in this position to begin with. And yes - my watch is QUITE buggy. I can't unlock it at times - it just crashes. Happened to my daughter as well. My son too - he isn't wearing his anymore. This is not what I want to hear as an investor (they are 20 something millennialist). Oh and forget Apple Music. Look - your preaching to the converted - I would like them to listen to it but it's not happening and this resonates with me that something is wrong because as I said earlier - not one of their friends feel differently. I find this immensely bothersome. Ya Music needs work, I want to love it but the UI is a mess! Where is the Brilliance of it just works? Would this not fall under the domain of Dr. Dre & Iovine, and why were they paid $$ Billions again? And iTunes? Yikes fast becoming Bloatware for every new feature gained it loses things that were useful, Multiple windows open at the same time as an example. The above colored a bit by the fact that earlier today I fired up my G4 Tower running 10.4 and iTunes 6 and marveled at its clean simplicity and all my songs and playlists, right where they should be.
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Mav
Member
[img style="max-width:100%;" alt=" " src="http://www.forumup.it/images/smiles/simo.gif"]
Posts: 10,784
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Post by Mav on Sept 5, 2015 17:54:57 GMT -8
The Apple growth story has been interrupted until they come up with another revolutionary product. In the late '90s and most of the 2000s, Apple had an open field as they ran with great design and fresh ideas. I think the problem now is that Google, Amazon, and even Microsoft have emulated Apple's approach, so there are a variety of companies jockeying to start the next revolution. It is harder now. I think it is time to become much less heavily invested in a single company. Hey, AAPL's high-growth days are behind it. Now, it's more value stock, with the multiple to match. Diversify or accumulate accordingly as you (nonspecific) like. Apple should proceed on its merry way just fine with or without us. Part of the thought process of hold/sell/buy: Over say the next 1-5 years it proceed to $250B annual fiscal year revenues and stop? $300B? Or...higher?
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Post by hledgard on Sept 5, 2015 18:49:12 GMT -8
In line with the problem with iTunes, now bloated and more confusing, I must give the same credit to Amazon. I find it confusing to search for things and then know what to buy. It really is a mess too.
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Post by Luckychoices on Sept 5, 2015 19:12:23 GMT -8
For anyone interested, I just started a thread in the Apple Fundamentals section regarding the construction of Apple Campus 2. I posted an excellent video that I came across, I'm sure some of you have already seen it, which clearly shows how far the construction has come. One can really get excited to see the campus starting to take shape and the video really brings home how massive this project is.
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Post by rezonate on Sept 5, 2015 19:17:51 GMT -8
Like PB, my Apple Watch has become buggy. This is likely due to running the public beta of iOS 9 on the iPhone tethered to the watch. Apps on the WatchOS 1 are looking for iOS 8 under-code, which is slowly morphing away with each update. This week will (hopefully) line things back up again. Get ready for the flood of app updates about to drop.
New Apple TV hardware and services. Apple *could* use this opportunity to showcase a fully integrated viewing experience, with iPhone or iPad (or Apple Watch) linked to a show on the big screen, in "viewer time". So when a movie is playing on the main screen, actor biographies pop up on the companion app, soundtrack titles are shown (available for download), all the little movie trivia stuff becomes explicit, maybe even a chat window during live events (not just twitter integration). Very compelling user experience not having to dig it all out of IMDB or Safari - it "just works" while the main screen plays on. Too much thinking different? Apple needs a dose of that again. Much of their recent work has been the same things as everyone else, with the Apple logo slapped onto it. C'mon Apple - blow us away!
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Post by deasys on Sept 5, 2015 21:50:40 GMT -8
Hey, AAPL's high-growth days are behind it. Now, it's more value stock, with the multiple to match. Diversify or accumulate accordingly as you (nonspecific) like. Sure, it's down to a mere ~35% annual growth. Practically at a standstill. (Et tu, Mav?)
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Post by 2centsplus on Sept 6, 2015 0:50:40 GMT -8
New Apple TV hardware and services. Apple *could* use this opportunity to showcase a fully integrated viewing experience, with iPhone or iPad (or Apple Watch) linked to a show on the big screen, in "viewer time". So when a movie is playing on the main screen, actor biographies pop up on the companion app, soundtrack titles are shown (available for download), all the little movie trivia stuff becomes explicit, maybe even a chat window during live events (not just twitter integration). Very compelling user experience not having to dig it all out of IMDB or Safari - it "just works" while the main screen plays on. Too much thinking different? Apple needs a dose of that again. Much of their recent work has been the same things as everyone else, with the Apple logo slapped onto it. C'mon Apple - blow us away! Well put and I think you're on exactly the right track. Another thing to consider with Apple TV is its potential impact internationally, where television programming isn't nearly as developed as it is in the USA. And don't forget those massive server farms in NC. Given the years they've had to think about it and work on it, I suspect this whole TV business might play out much bigger than we imagine...
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Post by 2centsplus on Sept 6, 2015 9:21:26 GMT -8
Hey, AAPL's high-growth days are behind it... Part of the thought process of hold/sell/buy: Over say the next 1-5 years it proceed to $250B annual fiscal year revenues and stop? $300B? Or...higher? So yeah, I agree, on the probability scale those good old days of 50 or 100% growth are probably gone. The iPhone was such a wondrous, magical device that it's hard to envision an equally compelling and profitable product with such explosive growth. But there's always a chance they come up with something equally wondrous (a car that revolutionizes transportation, Ava the "personal assistant", a battery that transforms the energy sector, etc.). Not that I would necessarily bet on such a product, but on the other hand if you asked people in the know at Apple, you might get a different and better-informed opinion. So let's look at the next 1-5 years like you say. I'm hoping they have at least a couple more years of pretty high iPhone growth left, maybe 10-20-30%. But at the same time the ecosystem should gradually solidify, as Nagrani pointed out with the high-margin App Store, and also with Apple TV and Apple Pay and Apple Watch and the Enterprise and the numerous other areas we discuss here. So in answer to your question about $300B, I vote higher. With a strong ecosystem they will (finally) have a deep moat that even skeptics cannot deny, and that to me is what has always kept the PE down relative to other companies. You know the routine - people think an Apple based on the iPhone may one year just disappear the way Nokia and Blackberry did. But if Apple is basically the operating system for your life, that's about as strong a moat as you can get. It seems to me that companies that grow at 15-20% with a moat often receive PE's of 20-25 or more. We've had this discussion before, where everyone thinks a PE of 25 for Apple is out of reach so I won't argue the point. Historically it might be unprecedented for a company of this size, but there is some probability of it as with everything else. If I knew that Apple was guaranteed to grow at say 15-20% over the next 5-10 years, plus upside with everything in the pipeline plus benefits of a locked-in ecosystem in both the consumer and enterprise areas plus a sterling reputation for quality and elegance and customer satisfaction, I would probably consider a PE of 20-25 a fair value.
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Post by Volvocoupe on Sept 6, 2015 10:39:31 GMT -8
Hey, AAPL's high-growth days are behind it... Part of the thought process of hold/sell/buy: Over say the next 1-5 years it proceed to $250B annual fiscal year revenues and stop? $300B? Or...higher? So yeah, I agree, on the probability scale those good old days of 50 or 100% growth are probably gone. The iPhone was such a wondrous, magical device that it's hard to envision an equally compelling and profitable product with such explosive growth. But there's always a chance they come up with something equally wondrous (a car that revolutionizes transportation, Ava the "personal assistant", a battery that transforms the energy sector, etc.). Not that I would necessarily bet on such a product, but on the other hand if you asked people in the know at Apple, you might get a different and better-informed opinion. So let's look at the next 1-5 years like you say. I'm hoping they have at least a couple more years of pretty high iPhone growth left, maybe 10-20-30%. But at the same time the ecosystem should gradually solidify, as Nagrani pointed out with the high-margin App Store, and also with Apple TV and Apple Pay and Apple Watch and the Enterprise and the numerous other areas we discuss here. So in answer to your question about $300B, I vote higher. With a strong ecosystem they will (finally) have a deep moat that even skeptics cannot deny, and that to me is what has always kept the PE down relative to other companies. You know the routine - people think an Apple based on the iPhone may one year just disappear the way Nokia and Blackberry did. But if Apple is basically the operating system for your life, that's about as strong a moat as you can get. It seems to me that companies that grow at 15-20% with a moat often receive PE's of 20-25 or more. We've had this discussion before, where everyone thinks a PE of 25 for Apple is out of reach so I won't argue the point. Historically it might be unprecedented for a company of this size, but there is some probability of it as with everything else. If I knew that Apple was guaranteed to grow at say 15-20% over the next 5-10 years, plus upside with everything in the pipeline plus benefits of a locked-in ecosystem in both the consumer and enterprise areas plus a sterling reputation for quality and elegance and customer satisfaction, I would probably consider a PE of 20-25 a fair value. Nice to see others with optimism who believe that Apple could well be an entirely unique company and a once in a lifetime investment opportunity. People without vision (most market participants) are miles away from understanding this. Perhaps one day we will trade at a Google multiple but I think we are still a ways away from this. I thought by the Spring of 2015, it would be obvious to everyone who would be making the lion's share of the profits in the mobile phone market. I did not anticipate the market thinking of Apple as a one trick pony. Once again, no vision. I have found it very important not to let the stock price affect my vision of the future of Apple as a company. Until it is common knowledge that Apple is indeed a unique company the stock price will not make sense 80% of the time. Despite all this, isn't Apple close to being the best performing large company in the world over the past 10 years? I expect this to be the case over the next 10 years. I for one will continue to have reasonable expectations when it comes to Apple's short-term stock price and will wait for the day that the vast majority of market participants don't require "vision" to understand Apple. I hope everyone in North America has a terrific Labor (Labour) Day Long Weekend. Regards.
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JDSoCal
Member
Aspiring oligarch
Posts: 4,182
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Post by JDSoCal on Sept 6, 2015 11:24:03 GMT -8
Hey, AAPL's high-growth days are behind it. Now, it's more value stock, with the multiple to match. Diversify or accumulate accordingly as you (nonspecific) like. Sure, it's down to a mere ~35% annual growth. Practically at a standstill. AAPL is ~10% above its September 2012 high, and went below that high this summer, and was in free-fall until Tim Cook e-mailed Cramer. That's a long way from 35% annual growth, unless you bought your shares in mid-2013.
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bud777
fire starter
Posts: 1,352
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Post by bud777 on Sept 6, 2015 13:02:30 GMT -8
Sure, it's down to a mere ~35% annual growth. Practically at a standstill. AAPL is ~10% above its September 2012 high, and went below that high this summer, and was in free-fall until Tim Cook e-mailed Cramer. That's a long way from 35% annual growth, unless you bought your shares in mid-2013. I thought he was talking about revenue growth, not share price growth
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Post by nagrani on Sept 6, 2015 13:09:14 GMT -8
We are 25 bucks away from all time highs. Once the lemmings turn the other way - watch out
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Post by rickag on Sept 6, 2015 13:57:18 GMT -8
Happy Labor Day.
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Post by artman1033 on Sept 7, 2015 11:54:37 GMT -8
Android Porn App Takes Secret Photos Of Users Analysts at Zscaler say that the Adult Player software available for Android is malicious. It says some users have had photos taken of them without permission, before their phones were locked by the people behind the software. The photographs of the users are then incorporated into a digital ransom note asking for $500 (£330) to be paid via PayPal.In return, the attackers promise to unlock the phones and delete the illicit photo. But even users who have paid the ransom sum say their phones have been left unusable. But Zscaler says there is a way to get rid of the malicious software without paying a penny. The phone must be booted up in safe mode, where - once in device administrator mode - the app can be selected and disabled. Apps which demand cash with a threat to release private information, or brick a device, are known as ransomware. Adult Player cannot be installed from Google Play, but can be installed directly from a website. news.sky.com/story/1548268/android-porn-app-takes-secret-photos-of-users
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