Those cities LA, San Diego... Etc. Never should have been built in DESERTs, artificially watered to begin with.
Article today on Yahoo, Swiss Watch Sales down between 10 & 24% vs. 2014, at different price points. Swiss Watches losing alot of market share to the New Tech APPLE WATCH.
not phoney, news article Swiss WatchMakers' sales plunged last quarter when the Apple Watch introduced.
Apple is about to become #1 in Music Streaming subscribers rocket growth. Netflix will be next field Apple will enter.
Yes news, means by end August Apple will surpass number 1Spotify in Music Streaming. Fastest growth ever. plus Apple expects 100,000,000 Subscribers by end of 2015. Netflix next target?
more important, new Apple Music Streaming so far sold for only 1 month and only to IPhone users, already has 12,000,000 suscribers. Half of what Spotify in business for 10 years has. At this rapid uptake level, they expect 100,000,000 ussrs by year-end.
Most Chinese Middle Class can't afford a Car. Car's are very expensive and taxed high in China, naturally since with 1.3 billion people, the roads are already crammed, and too much pollution. So car's cost 2 - 3X as much in China as in USA. BUT new Chinese Middle Class can afford to buy an iPHONE, and they are in droves.
Herb, I think it can. China is its fastest growing market, over 100% growth first half for Apple's China Sales. China is still rolling out 4G network, and LTE capability. Apple is still expanding number of its stores in China (should have 40 by year-end). And (opposite of USA) China's MIDDLE CLASS is GROWING FAST. From 15% now to estimated over 50% in next 10 years. As more Chinese enter the Middle Class, more can afford Apple Products. Apple now has 15% market share, about = to China's Middle Class and Top 1%. Wages in China have gone up fast (nearly 200%) for factory workers in past decade and still going up.
On Short-Term Trades. But longer-term Profits and Sales Growth and growing cash-flow-pile MATTER (as Warren Buffet notes). And long-term that is what Apple has been doing. No 'smoke and mirrors here'.
I am not wrong. I did not say Apple had more UNIT Sales than Samsung. Samsung sells a lot of lower cost phones so has larger unit volume. But its profits are going down as it is losing market share in the higher-end-phones to Apple (where the biggest profits are), particularly in China. This has been reported in many articles. That is why Apple's sales and profits are up a lot in past 2 quarters and Samsung's profits down. SAMSUNG IS LOSING MARKET SHARE IN CHINA, vs. APPLE is cleaning up gaining more market share in Apple's only market segment: Pricier higher performance, better working IOS system.
13.8 PE Apple is now trading at, is even a lot lower if you back out the $200 billion cash and cash-equivalents on its balance sheet to instead buy back its stock. More like 9 or 10 PE. And for a company which just grew sales 35% year over year. Even if Apple's growth rate should slow to 15 - 20% its still quite a bargain as such companies normally have 15 - 40 PEs, at HALF Apple's growth rate.
Agreed. No-one can predict short-term trading movements though. But next few quarters Apples profits will continue to rise -- and so more money for stock buybacks juggernaut.
10X next year's earnings, and growing 30 - 40% per year, sounds like a Great Buy. One could quadruple their money in next 5 years. Like I almost did on APPLE. Bought 10,000 shs. Apple at $35 a share in summer 2010
19 cents quarterly earnings, best the company has done in years = $0.76 yearly Earns. Multiply by 1000 PE Ratio, and Voila it goes higher! But if you believe even FaceBook's 80 PE is richly priced, then the stock could plunge, really plunge.
going to build and buy more Data Centers. Plus Microsoft grew its Cloud Business bit faster than Amazon. Apple grew overall Sales a lot faster 33% than Amazon's slower 20% Growth.
THIS TIME IS DIFFERENT ! No Bubble here... 700 PE Ratio (even if Amazon can repeat its 0.19 profit for 1 quarter into all year). Why would anyone THINK its a Bubble? $1 a share earnings eventually someday for the year X 550 PE. 550PE doesn't discount to Infinity does it?