chinacat
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AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Jun 13, 2020 5:52:23 GMT -8
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Post by socal Film Composer on Jun 13, 2020 6:16:49 GMT -8
Agreed - first big losing week for the indexes in quite a while and we are UP - I'll take it! - AAPL and TSLA singlehanded kept my whole portfolio green this week - I can't recall if this made it onto the Friday thread - but the new $390 price target from Merrill Lynch was something. Again - markets always looking to the future. We've rallied anticipating re-opening and somewhat getting the economy going again. Now, with AAPL on track to release the exciting new phones in the fall, we might finally get a new super-cycle over the next 2-3 years as the whole user base upgrades to 5G. www.ped30.com/2020/06/11/apple-merrill-high-390/One of his 9 points is re-rating the P/E - I'd like to see us (long term) closer to MSFT and GOOG - 30 ish is fair for a premium blue chip brand with rising dividends.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Jun 13, 2020 6:49:28 GMT -8
Now, with AAPL on track to release the exciting new phones in the fall, we might finally get a new super-cycle over the next 2-3 years as the whole user base upgrades to 5G. Don’t forget Services and Wearables, both of which are just hitting their stride.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Jun 13, 2020 8:11:26 GMT -8
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Post by trainspotter on Jun 13, 2020 11:21:38 GMT -8
healthOS: Apple is building an operating system for healthSaw this posted on Hacker News. Interesting take on Tim Cook's quote: “If you zoom out into the future, and you look back, and ask the question, ‘What was Apple’s greatest contribution to mankind?’ It will be about health.” Key excerpts:
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Jun 14, 2020 13:33:31 GMT -8
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,098
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Post by Dave on Jun 14, 2020 14:05:24 GMT -8
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