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ThaBigFella 
LSU Fan
baton rouge
Member since Apr 2006
860 posts
| Anyone buy more apple today? (Posted on 3/1/13 at 3:07 pm)
Wow $430 at close, I bought more at $432, this is getting crazy, people act like apple will be obsolete soon, one walk past one of their stores will give you all the investor confidence you need. They just had the biggest quarter in the history of the world, I guess unless you grow at 100% year over year and create a new category of product every few years your going broke
All I have to say is if all these analysts feel a company with $137B in cash is about to have a rough few years and needs the cash to weather the storm, then god help all the other tech companies out there without that much cash lying around
Anyone out there still like Apple's Upside and future?
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C
LSU Fan
The Woodlands, TX
Member since Dec 2007
17419 posts
 Online
| re: Anyone buy more apple today? (Posted on 3/1/13 at 3:10 pm to ThaBigFella)
quote:
this is getting crazy,
Crazy? it's still the most valuable traded company in the world.
quote:
Anyone out there still like Apple's Upside and future?
I think it has more upside than down for the next year.
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CajunFootball 
USA Fan
Jackson, Mississippi
Member since Oct 2010
19325 posts
| re: Anyone buy more apple today? (Posted on 3/1/13 at 3:15 pm to ThaBigFella)
quote:
Anyone out there still like Apple's Upside and future?
I don't see them going anywhere yet, but they are lagging. Without Steve Jobs confidence is down, and I don't blame anyone.
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Vols&Shaft83 
Tennessee Fan
Member since Dec 2012
3286 posts
| re: Anyone buy more apple today? (Posted on 3/1/13 at 3:15 pm to ThaBigFella)
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ThaBigFella
LSU Fan
baton rouge
Member since Apr 2006
860 posts
| re: Anyone buy more apple today? (Posted on 3/1/13 at 3:19 pm to CajunFootball)
How does a company that had a NET PROFIT of $13B in the last quarter constitute LAGGING?
To put that in perspective, they made 2.5x more last quarter than Amazon has made since inception
Last quarter Apple made $13B...
General Electric Made $4B,Procter Gamble made $4.1B, microsoft made $6.4B, and Exxon made $10B
so put those giants in perspective and tell me how apple is Lagging? yes there's no new product in the pipeline but they're still making crazy money, they're adding one new apple store basically every 10 days, those crazy little stores that net near $20m/year, they probably release a watch and a TV in the next 3 years, not to mention, now that China Mobile is rolling out a 4g network, they probably finalize the deal with biggest phone carrier in the world thats 6x the size of ATT.......again I ask you.....HOW IS APPLE LAGGING
o ya no 100% year over year growth.....i forgot
This post was edited on 3/1 at 3:22 pm
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Lsut81
LSU Fan
Member since Jun 2005
54975 posts
| re: Anyone buy more apple today? (Posted on 3/1/13 at 3:28 pm to C)
quote:
Crazy? it's still the most valuable traded company in the world.
I thought Amazon overtook them again in the last few weeks 
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ThaBigFella
LSU Fan
baton rouge
Member since Apr 2006
860 posts
| re: Anyone buy more apple today? (Posted on 3/1/13 at 3:38 pm to Lsut81)
Amazon are you serious? Amazon in 15 years has made 1/3 in total of what apple made last quarter....no seriously
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Lsut81
LSU Fan
Member since Jun 2005
54975 posts
| re: Anyone buy more apple today? (Posted on 3/1/13 at 3:46 pm to ThaBigFella)
quote:
Amazon are you serious? Amazon in 15 years has made 1/3 in total of what apple made last quarter....no seriously
Geez, get the sand out of your vagina... 
I said "I thought" I knew either Google or Amazon overtook them in something.
It was Exxon that overtook them as the most valuable company and Google that overtook them for stock price.
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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
63226 posts
| re: Anyone buy more apple today? (Posted on 3/1/13 at 4:18 pm to ThaBigFella)
quote:
people act like apple will be obsolete soon,
Who? I've not seen a single poster on here or a single stock analyst on CNBC come close to claiming that.
What I HAVE seen and heard is people questioning if Apple's glory days are over or if there is a clear sense of direction for the company and its products post Steve Jobs?
Both of those are valid questions, IMO.
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C
LSU Fan
The Woodlands, TX
Member since Dec 2007
17419 posts
Online
| re: Anyone buy more apple today? (Posted on 3/1/13 at 4:25 pm to ThaBigFella)
quote:
How does a company that had a NET PROFIT of $13B in the last quarter constitute LAGGING?
To put that in perspective, they made 2.5x more last quarter than Amazon has made since inception
Last quarter Apple made $13B...
Well if earnings mean so much, exxon made $44B last year. AAPL made 41. So exxon should be worth more. Still room to drop... Or maybe we shouldn't compare companies with very little similarities in business models...
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C
LSU Fan
The Woodlands, TX
Member since Dec 2007
17419 posts
Online
| re: Anyone buy more apple today? (Posted on 3/1/13 at 4:25 pm to ThaBigFella)
quote:
How does a company that had a NET PROFIT of $13B in the last quarter constitute LAGGING?
To put that in perspective, they made 2.5x more last quarter than Amazon has made since inception
Last quarter Apple made $13B...
Well if earnings mean so much, exxon made $44B last year. AAPL made 41. So exxon should be worth more. Still room to drop... Or maybe we shouldn't compare companies with very little similarities in business models...
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Tigerpaw123
USA Fan
P'ville
Member since Mar 2007
7570 posts
Online
| re: Anyone buy more apple today? (Posted on 3/1/13 at 4:47 pm to ThaBigFella)
quote:
Wow $430 at close, I bought more at $432, this is getting crazy, people act like apple will be obsolete soon
ever hear of Enron?
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ThaBigFella
LSU Fan
baton rouge
Member since Apr 2006
860 posts
| re: Anyone buy more apple today? (Posted on 3/1/13 at 4:58 pm to Tigerpaw123)
Did you really just compare apple to enron? Enron was a fraud in case you never saw past the stock price decline....
As for exxon....it is worth more than apple, and if you mean why aren't exxon shares worth more than $430 a share then you have a completely separate issue bc you dont understand why stock prices are certain prices bc of the amount of available shares.
Wow......both of you....
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polizei11
LSU Fan
Lafayette
Member since May 2009
605 posts
| re: Anyone buy more apple today? (Posted on 3/1/13 at 5:12 pm to ThaBigFella)
Damn dude you are loving you some Apple. It's stock is dropping because people are thinking that Apple can't sustain its growth and that it has no more game changers like the iPod/iPhone/iPad.
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ThaBigFella
LSU Fan
baton rouge
Member since Apr 2006
860 posts
| re: Anyone buy more apple today? (Posted on 3/1/13 at 5:19 pm to polizei11)
they may or may not have any more game changers but does that mean their $13B in profit, $137B in cash and growing is about to just fall off a cliff and turn into them losing money? The goal is to buy profitable companies at solid valuations....their valuation is solid, so is exxons just saying the price is insane for how well run a company they are.
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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
63226 posts
| re: Anyone buy more apple today? (Posted on 3/1/13 at 5:26 pm to ThaBigFella)
quote:
and turn into them losing money?
They don't have to lose money to be considered as "falling off a cliff."
They only have to see their growth slowing just as what happened to MSFT a decade ago. And MSFT has never "lost money."
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ThaBigFella
LSU Fan
baton rouge
Member since Apr 2006
860 posts
| re: Anyone buy more apple today? (Posted on 3/1/13 at 5:31 pm to LSURussian)
but russian there's a point of where apple shares can go, youre one of my favorite posters on here but what what Im saying is the cash apple has on hand is over $130 per share
so at todays price its $295 for apple and $135 for the cash they have assuming they've added a little more this quarter
Then you have the value of the brand which was valued at $87B, just the brand
LINK
So let's say the name Apple and the Cash is over $200 a share and with the amount of cash they're hoarding about $275/share in another year or 2
How much lower can the share price go without apple saying lets take this bad boy private.....I mean $200B in cash on hand in a few quarters is nothing to sneeze at, exxon doesn't even have that type of cash on hand
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Korkstand
LSU Fan
Plaquemine, LA
Member since Nov 2003
5810 posts
| re: Anyone buy more apple today? (Posted on 3/1/13 at 5:32 pm to ThaBigFella)
quote:
they may or may not have any more game changers but does that mean their $13B in profit, $137B in cash and growing is about to just fall off a cliff and turn into them losing money?
It's hard enough to look forward several years in any industry, much less an industry as finicky as tech. A tech company has to adapt quickly, and Apple just doesn't appear to be doing that. They seem to be losing their edge.
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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
63226 posts
| re: Anyone buy more apple today? (Posted on 3/1/13 at 5:38 pm to ThaBigFella)
quote:
what Im saying is the cash apple has on hand is over $130 per share
And that has already been factored in the current stock price.
Plus, a big chunk of that cash is deposited overseas and Apple can't bring it back to the U.S. because if it did it would have to pay up to 35% U.S. marginal income taxes on it. That negates being able to include all of the cash in the stock's price.
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aaronb023
LSU Fan
Member since Feb 2005
5448 posts
Online
| re: Anyone buy more apple today? (Posted on 3/1/13 at 6:43 pm to LSURussian)
don't want to hijack the thread but is anyone buying blackberry?
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