[SamAdams76]

It's amusing to see so many naive people out there who use the stock market as a guide to determine the success of a given company. Don't they know that revenue and net profit over a long period of time is a much better measure?

For example, Apple in the past quarter alone generated $49.6 billion in revenue and nearly $11 billion in profit. They are also sitting on nearly $200 billion in cash on hand. Regardless of current stock price, this company is going to be a major player in our economy for a very long time.

Those are pretty amazing numbers and people should be clamoring to own stock in this company, especially when they look at the previous 10 years. In fact, the fact that the price of stock is heading down is good, because now you can obtain more shares for your money.

Over the years, people have written off successful companies like Microsoft, IBM, Hewlett Packard, Apple, Ford, and on and on due to swings the stock prices. Those people are the true losers. Had they purchased and held stocks in all these companies over the years, they'd be sitting pretty right now.

Also, it's distasteful to see a so-called conservative forum cheering on the supposed "downfall" of a successful U.S. company. What are we, a bunch of anti-capitalist marxists all of a sudden? Are we going to start posting excerpts from Das Kapitaland The Communist Manifesto?.

I don't care how much you don't like the CEO and his stupid politics. This company wasn't created by him and over the years it has generated massive wealth and jobs for our country. This company will outlast the current CEO. This kind of anti-capitalist marxist "cheerleading" is quite beneath us, I would think. It belongs on DU.

[IncPen]

I don't care how much you don't like the CEO and his stupid politics. This company wasn't created by him and over the years it has generated massive wealth and jobs for our country. This company will outlast the current CEO. This kind of anti-capitalist marxist "cheerleading" is quite beneath us, I would think. It belongs on DU.

Worth repeating.

[mad_as_he$$]

Apple historically flourished when Jobs was there. We shall see how they will do without him this time. I do agree that they will not go away overnight. IBM was trading at $350 a share in 1968. To lazy to see how many splits there have been but it is a shadow of itself. Mostly a s/w services company now - by design.

[for-q-clinton]

They need to give that money back as dividends to keep the stock worth buying. Hyper growth for Apple is dead... they need to move to the next phase.

[Sam Gamgee]

No one is cheering their downfall, what we are pointing out is the NASQAQ is back in loony territory. Netflix, Apple, Google, they are all insanely overpriced. No, of course, even a 25% shave in all those share prices won't mean the end of those companies. Netflix will continue to be a great service. It's just that Wall Street will always try to make suckers of us all.

[Tau Food]

In fact, the fact that the price of stock is heading down is good, because now you can obtain more shares for your money.

All well and good, but you need to understand that your strategy flies right in the face of the people who tend to buy high and sell low. If it weren't for them, . . . ;-)