Apple Financials Ping!
Discuss technical issues, software, and hardware.
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Don't respond to the Anti-Apple Thread Trolls!
PLEASE IGNORE THEM!!!
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I believe Apple has a well-entrenched culture of excellence that will lead to great products, both hardware and software, for the foreseeable future. Apple's market cap is now hot on the heels of Exxon, the #1 market cap company on the stock market. Something to keep an eye on...
Another takeaway, given the amazing sales of the iPhone, is that Android has in no way dimmed the luster of the iDevices.
Ping!
I truly like apple products, but their line up is entirely too delicate for me.
Apple is the Exxon-Mobile Giant of the Tech Industry and deserves to have their liberal profits monitored and excess profits taken - just as the dem’s are advocating for the oil company’s.... Wouldn’t it be something if the oil companies got together and started to advocate through their political PACs and allies in elected office to present a major bill limiting the profits of the DARLING OF TECH - APPLE?
Since these numbers are from before Jobs passed (1st Q usually means Oct-Dec... including Xmas), I'm not sure this has any bearing on Apple's future. They have had a good past couple of months, though...
McDonalds, Apple, but Friday is Ford. they are saying .26 cents... The one to watch IMHO..
Since the return of Steve Jobs to Apple, Apple strategy has gone well into out years and that remains the case, building layer upon layer on existing product introductions, always with careful consideration of capitalization upon captive content. It’s quite logically thought out and nearly always executed flawlessly.
Without Steve Jobs in the bully pulpit, we’ll see if that near-flawless execution continues. I suspect it will, but if there is to be a challenge that will be it, not strategy or product in the pipeline.
Keep that in mind going forward. They’re just not what any given competitor of theirs thinks they are, and are ultimately not pursuing the same ends that those competitors pursue, but those competitors will be scrambling once again just the same.
Just as the cell phone industry was never the same with the introduction of the iPhone, and just as the music industry was never the same with the introduction of iTunes and the iPod, that same sort of creative destruction leading to an ultimately better experience across the board, is in the works again.
It’s what they do.
I bought this stock a few years ago at $125/share and I’m kicking myself for selling it a few months later for a small profit.
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