They were praising Google and said that you cant compare 1000 PT to Apple's 1000 PT because Apple only has1 product. Yes Grasso said the iPhone was Apples only product. Then he went on to say you cant think that GOOG will have same "demise" as Apple. Its as if Apple went BK or something. Unbelievable. Its getting old guys.
I think AAPL bashing is staged by CNBC. Steve Grasso is so dumb that I feel sorry for his employer. AAPL has the ECO System compared to none. Comcast is worried about the AAPL Competition. In 2013 AAPL will have new products like internet radio, AAPL TV with streaming games which will take business from Comcast Cable. Goog might loose advertising Revenue to AAPL & Facebook.
Sentiment: Strong Buy
Last year they were saying Google is dead because Facebook is taking over online advertising. Google went down big before the Facebook IPO.
Comcast is afraid Apple tv will kill their cable business, and it probably will.
Sentiment: Strong Buy
Few people realize that 96% of Google's income comes solely from advertising. They give away their Android platform to cell phone makers to increase their eyes on advertising. Apple has multiple hardware, software, itunes, books and other items to sell. Apple makes more money in a year than Google, Microsoft, Amazon and Ebay COMBINED.
GOOG ceo is not as arrogant as AAPL's.
GOOG ceo, the main driver, is not dead as AAPL's.
GOOG company is innovative; only the brightest gets to work, whereas BODs at AAPL handed the highest position to a child.
"I WOLDN'T BET AGAINST APPLE"
At the end of the day, the market determines the value of a company. Period!! And the market has done so here too, or is in the process of. You can bash goog all u want and
D say AAPL is undervalued and blah blah blah. Fact is the market isn't seeing it that way.
I saw special on GOOG employees and all they do is play all day. They get to play volley ball. Ride bikes around the office. They hardly do anything. No wonder Android is such a mess. Everything is done for them including their laundry. They seem like a bunch of arrogant "I am so special cos I work at Google" spoiled brats.