Availabe as an accessory...
You know, I saw someone use one of those on the street the other day.
Availabe as an accessory...
And just so they know what to expect, here is what happened to Apple stock in the last second of regular trading today, courtesy of Nanex. Unlike traditional flash crashes where the trade is an HFT error, or a few shares traded through the entire bid or offer stack, in this case it looks like a very premeditated unloading of some 800K shares (some $350 million worth) of AAPL in the last second, with the full knowledge it was shake the market. Why anyone would want (or wait until the very last second) to do that, while covering the offsetting ES short in the pair trade, to ramp the market into the close, is anyone's guess.
I find apple pretty funny because it is so big that it literally is its own asset class. Seriously, the market cap is like .5 trillion. Anyway, if you are going to make me pick a monster company, I would much rather have Exxon mobile. Over the next 100 years, I see energy as a much more valuable than the latest I gadget.
But hey there is a lot of cash on the appl balance sheet and the pe is getting low.
lol...Today Exxon overtook aapl as the biggest company.
I remember when Cisco had the largest market cap in 2000, at around $500B. People were talking about how Cisco was on the way to be the first "trillion dollar" company. OMG!
To be fair, one must recognize that Cisco had a P/E of greater than 100 then. Apple P/E is 1/10 of that at this point. Still, it shows how investors could get so irrational at times.
And I did not do a "sell all" and "get all out" in 2000. I was not too smart either, although I did not invest solely in Cisco then. I held other tech companies, and thought that their P/E of 30 or so looked pretty cheap compared to Cisco.
You'd think they recently lost one of the greatest business visionaries and "idea people" that capitalism ever had...Today, Apple is priced like their earnings will get cut in half very soon.
You'd think they recently lost one of the greatest business visionaries and "idea people" that capitalism ever had...
Andre didn't miss, he lucked out. Today he is getting another chance at an even better price!
And that person didn't have any ideas written down or left as a legacy. No ideas and prototypes in the pipeline, no ideas passed along to head engineers and his key managers.....You'd think they recently lost one of the greatest business visionaries and "idea people" that capitalism ever had...
As a Mac user since 1996 and a consumer of Apple products (not at the exclusion of all else, though), I want to like the concept of Apple TV but it doesn't really do more than a lot of the things built into a $150-200 Blu-Ray player that many of us already have. It would mostly just duplicate existing functionality in an entertainment center.Have been trying to nail down the "functional" advantage of an Apple TV. What can they do to entice people to pay the price? What new functionality can they provide that is different from today and not already available in one form or another?
As a Mac user since 1996 and a consumer of Apple products (not at the exclusion of all else, though), I want to like the concept of Apple TV but it doesn't really do more than a lot of the things built into a $150-200 Blu-Ray player that many of us already have. It would mostly just duplicate existing functionality in an entertainment center.
One thing that could really change my mind? Include an OTA tuner with DVR, complete with accurate channel guide, and I'd probably be sold. The combination of the online streaming capabilities of Netflix, Hulu et al with the ability to watch and record free OTA television in HD would likely be enough for me to ditch cable/satellite completely.
NW-Bound;1275699 Your post about capitulation made me curious said:Average daily volume (past 6 mos) is 19 million. Thursday's volume was 3x that and Friday's volume was a little less. Since the stock moved down $15.00 on Friday on heavy volume, my theory that Thursday was a "capitulation" day has been disproved and hence I closed my position and wait for another day.
I find apple pretty funny because it is so big that it literally is its own asset class. Seriously, the market cap is like .5 trillion. Anyway, if you are going to make me pick a monster company, I would much rather have Exxon mobile. Over the next 100 years, I see energy as a much more valuable than the latest I gadget.
But hey there is a lot of cash on the appl balance sheet and the pe is getting low.
Watching Apple the last 20 to 25 years has been interesting. I recently sold out of my position. The rise of Apple has been correlated to the rise in social media (i.e., put a computer in everyone's hands, and make it smaller and smaller every year). Right now I think they may be vulnerable to competition that does the same for cheaper prices. The continued "winner" if you will, may be the company that buys out other companies to enhance the social experience or make it cheaper for us.
Have been trying to nail down the "functional" advantage of an Apple TV. What can they do to entice people to pay the price? What new functionality can they provide that is different from today and not already available in one form or another?
I consider Apple to be a "front end" to "customer" experience. As long as the back end of most businesses require the number crunching capability of IBM and Microsoft type applications, I don't see Apple invading that particular territory except of course as a "client server" (which is already available).
China may be a great area for growth but how long before the mimics take over (they already have started).
Anyone's guess on what or who Apple needs to consider buying or merging with to enhance their dominance? Netflix? Amazon? Healthcare?
Have been trying to nail down the "functional" advantage of an Apple TV. What can they do to entice people to pay the price? What new functionality can they provide that is different from today and not already available in one form or another?