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Apple Inc. Message Board

  • divaiinv divaiinv Jan 5, 2013 4:35 AM Flag

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    I've been following Apple now for 3 years..... I also follow charts and Financial statements.... I cannot find another company with a stronger balance sheet or I/S... By 2016 at it's current pace..without adding market share and giving up 15% magins it will be trading at 2x earnings X cash.... Nobody is asking Caterpillar "What is your next new product" at its trading at 10 x earnings.... No one is asking Amazon what is it's new product and it's trading at 3000 P/E..... So I ask the question... What other company out there has the same Financial status of Apple...... And please don't use Sony or Micorsoft and tell me 'Look at them now" both of those companies where trading at 50X earnings at their peak with No cash in the bank.... Please give me an example...........

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    • None. Amazon sells their indle at a loss, Google gives away Android and it frankly still not that good even at version 4, Samsung makes larger screen cheap plastic phones and makes money only on 2 out of thier 10000 phones. While Apple makes 40% margines on everything they sell. People lineup in other countries to buy. Was a dinner tonight, overheard a chinese guy at the next table saying he just bought 25 Iphones to go back to Chinese New Years to sell.

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