Or do they even not make $2 an hour... is it still $1/hr.
The 1,000,000 Chinese that assemble iPHONES and iPADS at low wages, with no Pensions coming, are what makes APPLE a HUGE CASH MACHINE. If 0Bama and A.Genl. Holder want to complain about Not Enough Blacks working for Apple.... if they will set up Assembly Shops in Harlem and Alabama where people will work for same wages, and work hard for 60 - 70 hours a week with no benefits.... Apple would switch production to there. But many of Sharpton/Holder's people are not willing to work at what they are worth (instead want $50K/yr. of Welfare Package or Govt. Jobs), and have "attitude" so too troublesome to manage or guard against thefts.
Cause that's where its Android Market Unit Sales Boom is taking place, $150 and under priced smart phones sold to places like Liberia AFRICA, the one continent in the world which never developed its own Written Math nor Written Language. When they couldn't count anymore with their fingers they took off their shoes... sorry they didn't wear shoes, they counted with their toes further. Ok that A.A. Professor from Harvard will say but the Great Library of Timbuktu, but that was an Islamic Library built by Arab Slave Traders. Not by indigenous Africans. Anyway, GOOGL ANDROID MARKET SHARE is growing among the 3rd and 4th World markets mainly where they need give-away-inferior Op. System, but at least a cheap SmartPhone is better than the Bongo Drums they used to use to communicate.
If Apple only gets back to its former Peak Company Valuation in Sept. 2012, that will be $110 share price, because there are now less shs. of Apple to divide into the $667 Billion former peak market cap, since Apple bought back a lot of shares, at lower prices.
$110/sh. because there are less shares now, than when it was $700/sh. Sept. 2012, even though split 7:1.
Don't even bother to figure what it will be if it reaches GOOGL's 30 PE, Google doubled PE since Sept. 2012, even though its had no earnings growth in past 3 years since 2011. GOOGL is however piling up Eyeballs Share in worthless 3rd World parts of world where people make $1 to $5 a day.
Yet PEs 2X that of AAPL? GOOGL Q2 in 2011 was about $8. In 2014 same Q2 was about $6/sh. And roughly no growth from 2012, 2013, 2014. GOOGL also has missed a lot of Earns. Expectations. YET THE PE DOUBLED SINCE 2011. All of GOOGL's price rise is PE Expansion.
2011 Q2 earns. were $8.74, 2014 Q2 earns $6.08. Overall GOOGL Earns. have still never recovered to even 2011's level. Seems GOOGL's giving away Android to get low-income third-world market share, doesn't make money. The more ANDROID market share grows among the world's poor (poor by western standards) the lower goes GOOGL's Earning (look at long-term trend past 3-5 years).
Just amazing why everyone loves GOOGL Stock, when its pulling a 'semi-Amazon' (sacrificing Earnings under-pricing to try and buy market share). OK its working, buying market share, but its buying garbage low income 3rd World market share giving away its Android Op. Syst. around the world. GIVING AWAY is not a business and doesn't make money. GOOGL earned $8.74 a share Q2 in 2011, and Q2 2014 its down to $6.08 a share earns. Clearly giving away and getting the bottom 80% of socio-economics customers in poor countries (not in Japan or USA or England or Australia) is not helping GOOGL, rather its EARNINGS ARE STILL DOWN SINCE 2011. Google's entire price appreciation has been from HIGHER PE RATIO, even in face of lower Earnings. The bottom 80% of consumers in third-world countries, bulk of ANDROID USERS may be market-share numbers, but adjusted for dollars spent on the internet, on paying for Apps., they are worthless. The more Android Grows, the lower go GOOGL's EARNINGS.
GOOGL's trading at nearly a 30 PE, yet its had no earnings growth the past year. Ideas anyone? GOOGLE's entire stock market increase past 2 years is PE EXPANSION DRIVEN
This time she may be right. I will buy the iPHONE6, turning in my 3 year old HTC Android 4G phone to get it. I have been waiting for a larger screen iPHONE. My wife has the iPHONE5... it works better than Android phones... she told me to get the iPHONE5S. I said "no I'll wait for the iPHONE6".
You must mean MSFT. MSFT announced Massive Layoffs last week. But the stock didn't go down, oddly.
Turns out Tim Cook knows how to run a business profitably. Only way BOZOS as AMZN knows how to get business, is by cutting prices, till he's got no profits and is out of business.
When I was a little kid, I once saw BEZOS the CLOWN live, with his push on red round nose, and Orange Hair and white Make-up. For people born later BOZO THE CLOWN you may not know, he used to be on TV. You may know RONALD McDONALD from McDonalds commercials. Amazon's Pres. with its growing losses and desperate business strategy of "lowest prices" and "the more I sell the more money I lose" we shall now rename him BOZOS instead of BEZOS, in honor of of BOZO THE CLOWN, that used to be on TV.
Amazon's stupidity of making and selling products at almost cost, which means losing money after overhead, is eating into the remaining $5 billion of total Book Value Net Worth "Bozos" has on his balance sheet (that's total of $5 billion total positive Cash-Flow BOZOS has been able to make since going public in 1996... not one quarter's positive cash flow, but all he's made in 80 quarters since 1996).
AMZN could use "PIPE Investment" Technique. Private Investment in Public Equity, to shore up its Capital Base. It could work like this: Offer $50 billion in 5 year Bonds paying 10% interest, that if not paid, is added on balloon payments to the Loan. Then if Amazon can not pay the interest, the BondHolder could convert the $50 Billion into new Amazon Shares at $50 a share.
Remember in 2013, when AAPL stock was down a lot, he was calling Tim Cook a J., blaming Apple's stock-price tumble in summer of 2013 on Js, and constantly speaking about need to ReOpen Auschwitz Ovens.... etc? Where is he now that Apple Stock's UP? If it was Tim Cook the Js fault last year that AAPL was down, how come he's not Applauding him and the Js now that AAPL stock price is UP??
don't worry about it. Read what he said: GET EDUCATED / FOLLOW MY LEAD. An educated person looks for facts, not hype. All he's given is sales pitches.
alright, we already had slight Recession first half this year of 2014, but Apple picked up Earnings and sales.
Remember I posted a few weeks ago with AAPL about $93 "I'm Baaaaack"... and "I Never Left". Just put Apple stock on IGNORE for 3/4s a year after it was way down in 2013. LONG-TERM APPLE WAS GOOD, HAD MORE SECURE AND EASIER TO USE PHONE THAN ANDROID SECURITY RISK PHONES.