Time to Sell Apple Stock
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Wow, not the kind of thread I'd expect to see Godwin's law unfold!
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MehGerbil wrote:
The vision died with Jobs - time to move on.
:-D When Tim Cook took over as CEO in Aug 2011 AAPL was trading at about $50/share (adjusted due to subsequent splits), did not pay dividends and had about $100 billion cash in the bank. Today AAPL trades at about $100/share, pays a decent dividend and has about $180 billion cash in the bank. Yep... they're doomed.
Government is not reason; it is not eloquent; it is force. Like fire, it is a dangerous servant and a fearful master. ~ George Washington
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It's funny to me that everything is getting bigger. One thing that kept me away from the mobile craze was that I couldn't stand small real estate. I didn't like my daughters ds, and I couldn't stand trying to use the computer on a phone. I always thought that I didn't want to use the computer on a small screen, but it was difficult to manage carrying things around and keeping them charged. Now that they got everyone on board, and some technology has come around the screen sizes are getting bigger. I see everyone always plugging their stuff in or asking if I have a charger. I'll take that as me being right in the first place, thank you.
Elephant elephant elephant, sunshine sunshine sunshine
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This reminds me of the logic used by every government subsequent to one that actually fixed the problems. The visionary turns it around and they apply a force, it continues to accelerate and you see the velocity increasing. That force stops and yet the velocity continues. Just a testament to the force that Jobs was and also the right product at the right time. The main selling point of which was multi touch screen, high portability and long battery life. That was what had been missing forever. So they got their hands on the tech (magically from somewhere - ahem US military, who had the SSD and battery tech at least 7 years before) and off they went. None of that is a big surprise. It's surprising though that people can still take credit for the work of others like that.
s2bert, this is remarkably well said!
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This reminds me of the logic used by every government subsequent to one that actually fixed the problems. The visionary turns it around and they apply a force, it continues to accelerate and you see the velocity increasing. That force stops and yet the velocity continues. Just a testament to the force that Jobs was and also the right product at the right time. The main selling point of which was multi touch screen, high portability and long battery life. That was what had been missing forever. So they got their hands on the tech (magically from somewhere - ahem US military, who had the SSD and battery tech at least 7 years before) and off they went. None of that is a big surprise. It's surprising though that people can still take credit for the work of others like that.
s2bert wrote:
That force stops and yet the velocity continues.
Its silly to think Steve Jobs alone was the only driving force of the most valuable corporation on earth. Was he important? Of course... but there were tons of talented people involved with Apple's metamorphosis.
s2bert wrote:
So they got their hands on the tech (magically from somewhere - ahem US military, who had the SSD and battery tech at least 7 years before) and off they went.
It's even more silly to think its all a government plot. Take your tin foil beanie off much? :laugh:
s2bert wrote:
None of that is a big surprise.
Really? Because it sure took the music industry (iPod/iTunes), phone industry (iPhone, App Store) and PC industry (iPad) by surprise.
s2bert wrote:
It's surprising though that people can still take credit for the work of others like that.
:confused: Who do you think is taking credit?
Government is not reason; it is not eloquent; it is force. Like fire, it is a dangerous servant and a fearful master. ~ George Washington
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I didn't say dump the stock in 2011 at the moment Cook took over. I'm saying dump it now. It has peaked - it will all downhill from here.
MehGerbil wrote:
It has peaked - it will all downhill from here.
Right... all because of a rumor of a gold iPad. :rolleyes:
Government is not reason; it is not eloquent; it is force. Like fire, it is a dangerous servant and a fearful master. ~ George Washington
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The iPad will soon be available in Gold.[^] This reminds me of their epic slump through the 90's when they'd repackage the same technology over, and over, and over again and re-launch it as a new product. Often the only selling point they had was 'a transparent case' or the hard drive was a little bit larger. Given that the iPhone was made larger (following other companies) and that the iPad is due to be larger (following other companies) I think we've a clear case for a stock dump. The vision died with Jobs - time to move on.
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The iPad will soon be available in Gold.[^] This reminds me of their epic slump through the 90's when they'd repackage the same technology over, and over, and over again and re-launch it as a new product. Often the only selling point they had was 'a transparent case' or the hard drive was a little bit larger. Given that the iPhone was made larger (following other companies) and that the iPad is due to be larger (following other companies) I think we've a clear case for a stock dump. The vision died with Jobs - time to move on.
They're certainly beginning to take a hammering in tablets for their bread-and-butter graphics/design area, because all the bigger tablets are made by Eastern companies -- and the biggest they're planning to build (a paltry 13") is barely into the design phase. Once people get used to the freedom (from itunes, primarily) that they get with other tablet OSes, I think apple will have a hard time getting their custom back. In a way, that's a shame, because they created the market for tablets (which companies like MS failed miserably to do).
I wanna be a eunuchs developer! Pass me a bread knife!
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Google is quite adept in that area.
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MehGerbil wrote:
The vision died with Jobs - time to move on.
:-D When Tim Cook took over as CEO in Aug 2011 AAPL was trading at about $50/share (adjusted due to subsequent splits), did not pay dividends and had about $100 billion cash in the bank. Today AAPL trades at about $100/share, pays a decent dividend and has about $180 billion cash in the bank. Yep... they're doomed.
Government is not reason; it is not eloquent; it is force. Like fire, it is a dangerous servant and a fearful master. ~ George Washington
He was merely saying that you should sell the shares if you have any. Their financial situation especially the disgusting cash reserves that the company amassed is a totally different story. They are some investigations ongoing in EU seeking to get back 10-20 bil. from aPple alone. Not a lot but its justice. I don't understand why the Americans are not doing it.
giuchici