problem Apple has is it need to sell 150 million iphones in one quarter for the stock to double from here. Netflix only needs to keep adding subscribers at a healthy rate. Obviously Netflix has a much easier task.
Look up some history. In the midst of the 2008 crash Apple grew like crazy.
only 20% of China users are upgraded to LTE, which means millions are still out there for the taking.
China's economy will not keep Apple from growing. Last quarter Smartphone market dropped 4% Apple sold 58% more iPhones, and their sales grew 112% in China. in 2008 during the US meltdown Apple kept growing and tremendous rates. Apple's market is inelastic. Most people, like you, fail to understand this. Samsung and others try to give their phones away, and still iPhones sell like crazy. US implodes and still Apple grows 70%+ per quarter for 5 years straight. The same will happen in China. People who want these products won't not get them just because the economy is struggling. When apple reports 40% growth this quarter and 25% growth next quarter. Investors will be surprised by how well they are doing because China was supposed to effect them so badly. They will have been duped by morons like yourself who fail to actually understand Apple.
Little growth if any left in apple. They're a victim of their own success. The iphone success will never be replicated. Once in a lifetime product. Company will be lucky to hold these levels going forward. Any slip in iphone sales and the stock gets slashed 50% in a heartbeat.
In the interest of telling the truth, Apple has about 52 billion to spend over the next year and a half as of the end of the last quarter. That is enough to buy back 8-10% of the shares at current price. Hopefully they decide to up the amount while the price is depressed.
Apple with a PE of 12 ........Netflix PE of 235
Apple being viewed as a "High Flyer" with a forward PE of 8.
The world clearly has changed. Apple should raise the dividend to a 4% yield and be the best Value Stock in the world. Keep raising the divi 12% per year and buy back 5% of the stock every year.....The shareprice will do just fine.
Yes, my wife needs a new one.
Yes, I got a new iPhone 5 for $50 because my other one had water damage.
I will likely get a Watch when the next one comes out, so I probably will go more next year.
You random CAPS are annoying, and you are totally wrong about Apple.
and then you can get another pretty quickly once that one begins to be worthless, which isn't long after you get it.
Crashes are real does anyone here remember Worldcomm or how about NORTEL or AOL Myspace?
Sentiment: Strong Sell
Did you see this video ?
These people mean business they are coming after apple and if the young folks take to it as I think they may it will apple will look like Blackberry and HUAHEI will look like apple customers are fickle and they move to the new TRENDY thing APPLE is considered antiquated and outdated as well as proprietary !
You won't accept it but you will learn the lesson the hard way with your wallets !
you had 20k at 112, then another 20K at 111.40 , 20K at 110.00 now and another 20K at 110.50
You are single handily holding up the aapl value today.
Sum Tin Wong !!
The problem with this idea is that last time it fell to about current levels. The PE was about 12. WE have already gotten there. Apple makes too much money and twice now has been sold down to insane levels only to create massive returns for those who bought. The market is stupid, but not that stupid. If it drops to $80 it would really surprise me. Either the economy totally crashes and people just freak out and sell (which is incredibly stupid), or it would be the result of a terrible earnings report. I mean an actual bad report, not the really awesome reports they have had the past 3 quarters that analysts somehow try to make sound bad. I mean they actually don't grow and their earning per share drops.