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Apple Inc. Message Board

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  • it_all_goood it_all_goood Oct 21, 2010 3:55 PM Flag

    That is depressing seeing AMZN PCLN Ebay NFLX

    First off Ebay is not new and definitely running out of room to grow.
    Amazon is just as old as ebay and has grown a lot, but maybe it can do a good job adding additional vendors. As long as they are reputable - amazon can still grow.
    priceline and netflix are new. Most people new priceline during the dot com bubble but they have done a good job in growing. But they have plenty of competition in the online travel sector.
    Netflix did a great job crushing blockbuster. But they have competition form video on demand, itunes and hulu.

    Any profitable company will have competition.

    Apple has many competitors, but they are also in many spaces making lots of money.
    What I would like to see them do is get in the mainframe business and knock on the doors of ibm and dell.

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    • again all that is great and the reason why the stock ran up 50 points in a month. its priced in and the stock is expensive at this point. it was priced for perfection. its a great company not a great stock above 300. risk reward is not good. growth will slow and jobs showed he is concerned about competition with his rants. behind those rants is real fear. Google is real competition.

      its been a great run for the stock. its just way ahead of itself imo

 
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