AMZN's valuation is ridiculous. If you disagree that the multiple is high, that's fine.
Talking about AMZN's valuation - and the relative valuation of other companies - is also fine IMHO. And LOLing about AMZN's valuation isn't an ad hominem or whatever attack on Amazon or Bezos, if I'm saying it right. I respect Amazon, mostly, and I shop the 'Zon regularly. I don't doubt Amazon isn't going anywhere.
As far as Amazon being the biggest company in the world, let's see over time. It's at $70B on a ttm basis. Lately it's grown at a ~20% rev clip YOY, and as business physics instructs us, that'll be tough to sustain the higher the rev levels go. Wal-Mart brought in almost $475B on a ttm basis. Amazon's still some ways off.
Thanks, Steve. The AAPL Tree is now on Apple News (iOS + web-readable and SOON on macOS) at apple.news/TuY-CX_-jRziryK895rDu6g - for a jumble of AAPL fundamentals, tech comment and a bit of AAPL chart nonsense | the ol' blog's at aapltree.wordpress.com | archived blog's on Medium @aapltree | Twitter @aapltree
Also excellent. Apple is in a sweet spot right now, at least historically.
I've been trading my own historical patterns for about 6 weeks.
For this week I'm showing a 3.3% gain from last Friday's intraday low.
Here's the deal, this year AAPL has failed to perform according to historical pattern. With today's early action it looks like this week will be no different.
Another point to consider: at about this point prior to earnings institutions seem to start making their earnings play. What we should be seeing is increasing volume. Unlike other pre-earnings periods, the holidays may be impacting the start, because volume certainly isn't haooening, nor is the rise in AAPL that normally accompanies it.
mercel: It's been a long strange trip - good to see you're still around (and in AAPL -my assumption).
May 10, 2019 12:48:32 GMT -5
Zeke: Long time no see. Nice to see familiar names still here.
Mar 25, 2019 14:42:52 GMT -5
sponge: Regarding the future of VR, I think it will be huge. I was a gamer when I was in college. But as an adult I lost interest. Last fall I flew up to visit my son at college and check out his new Vive set up. After playing with it for the weekend, I was
Apr 29, 2018 15:25:17 GMT -5
galleybob: thanks for your answer. I will copy and send to her
Nov 7, 2017 15:32:18 GMT -5
rickag: So since Jan 28th 2015 AAPL is up from 117.27 to 157.21
Aug 21, 2017 20:09:43 GMT -5
artman1033: VXAPL = 29.21 AAPL = $117.27 AFTER EARNINGS
Jan 28, 2015 14:54:46 GMT -5
artman1033: VXAPL = 44.94 AAPL = $110.39 BEFORE EARNINGS
Jan 27, 2015 11:12:53 GMT -5