Torts's Just How Sick is Apple Thread (bring napkin to thread)

[hkp]

yeah what a botched IPO. i spoke with an acct rep at schwab who said people kept "canceling" orders and setting lower limits. but little did they know their orders were getting filled each time -- just not reported to them.

How is that even legal? Whatever, if I waited another five minutes the loss would've been even bigger. Nothing to cry about when my portfolio is up almost $4,000 today.

So, with AAPL projected to hit 750 by January, is that a letdown considering some analysts were calling for 1,000 by Feb 2013? I'd be thrilled with anything over 600, personally.

[hkp]

Yes, lots of confusion, but I'm going to hang onto my insignificant little 100 shares for at least a few months. I wouldn't be surprised if it climbed back to $45 once all the hand-wringing ends.

I would be. FB doesn't have the revenue to support that price, IMO.

[torts]

i think it's worth holding a few shares of fb. there are two web sites that everyone in the world constantly goes to -- google.com and facebook.com. that's got to be worth something.

[hkp]

i think it's worth holding a few shares of fb. there are two web sites that everyone in the world constantly goes to -- google.com and facebook.com. that's got to be worth something.

Agreed, just not at 40.

[BrianL]

I picked up 100 shares today at 33 - I have time to wait and see what happens.

[BrianL]

Guess I made a mistake at 33

[torts]

Apple Is "Titanically Profitable" and in a Class of Its Own (AAPL)

"titanically profitable"


Elfenbein: I would say it's the Beatles' company. Actually I like Apple. Apple is a -- words almost fail me -- it's a titanically profitable company. They have a huge amount of cash. Just their bank account is I think $120 billion. That's larger than most banks. And that's just their bank account.

Apple can buy every single team in the NFL, every single team in the NHL, every single team in the NBA, and every single team in major league baseball. They can buy every single team and they still have cash left over. It doesn't make a dent at all. They don't have to borrow at all.

So let's just look at this. Let's just break down the math to see what Apple's like. Well you know it's about say $570 a share, in that ballpark. The cash is I think about $115. So, back of the envelope, let's just knock that out. It's not exactly how we can do this, but let's just do it for the sake right now.

So that brings us down to around $450. The company is going to make about $45 a share this year. We know that pretty well. This isn't following some five-year line that who knows what has come up with. We're pretty sure that's what they're going to do. So that means they're going for about 10 times earnings. Based on just the operations of the company, that's yielding about 10% and the company just always has blown away earnings. They purposely play a game.

But it's such a remarkably profitable enterprise, and they generate cash to such… I mean I can't think of anyone -- outside of the mafia -- I can't think of any organization where the profit margins just flow in like that. But I like Apple. I do like Apple.

[BrianL]

Just had to revive the thread, should be an interesting July

The iPhone Turns 5: Look How Far It's Come (AAPL)

[torts]

"reshaped the entire smartphone industry"

Guess what's about to hit 600 again?

Can't blame ap for taking a breather.

Even god rested on the seventh day.

[torts]

Orbitz defends practice of showing Mac users pricier hotels - latimes.com

[hkp]

"reshaped the entire smartphone industry"

Guess what's about to hit 600 again?

Can't blame ap for taking a breather.

Even god rested on the seventh day.

Lawl. iPad news was a nice bump. That'll continue to pay off for another 10-20 points I think. Next up - iPhone 5.

[torts]

2004: The year the Windows PC to Apple Mac sales ratio peaked - Apple 2.0 - Fortune Tech

"It's been falling ever since and is now approaching levels not seen since 1985"

[torts]

Take That, Google Glass: Apple Granted Patent for Head-Mounted Display | Gadget Lab | Wired.com

"I think technology has reached its peak. Therefore, I'm sticking with stamps, tacos, and ammo"

SuzyH, March 12, 2007

[torts]

"Apple and Google have run out of ideas, talent, and money. Therefore, avoid them at all cost"

[torts]

Apple. Google. Microsoft.

vs.

Coney. Jannie. PHA.

[torts]

"Now that Nutter has more control over PHA, the ghetto drug dealers who live there will soon be gone."

[torts]

"Now that Obamacare is constitutional, I am going to throw my plastic water bottles and empty potato chip wrappers in the nearest garbage can."

-anonymous 15-year old

[BarryG]

Torts, is this a cry for help?

[torts]

[BrianL]

I love AAPL