Apple is Amazing

Discussion in 'West Mall' started by Bevo Incognito, Apr 26, 2012.

  1. UTChE96

    UTChE96 2,500+ Posts

    LOL! Where did he originally post it?
     
    • Like Like x 1
  2. MudHorn

    MudHorn Admin Moderator

    Doh!

    Sorry, it’s been a long week. Thought we were on Cactus Cafe.

    I'll let myself out now. :eek:
     
    • Like Like x 1
  3. Joe Fan

    Joe Fan 10,000+ Posts

  4. Dionysus

    Dionysus Idoit Admin

    Warren Buffett Betting That Apple Is Worth $2 Trillion (TheStreet.com)

    :yikes:

    Apple (AAPL) to $1 trillion? Who cares.

    The real bet is the one Berkshire Hathaway's (BRK.A) (BRK.B) chief Warren Buffett may be making: $2 trillion Apple valuation.

    "He clearly views it as a long-term hold, and it will certainly compound over $1 trillion in the not too distant future -- and then double again in the next five years," says former hedge fund manager and Buffett expert Whitney Tilson. "I don't think it's a bad bet, as a Berkshire shareholder I am happy he owns Apple."

    The billionaire's holding conglomerate Berkshire Hathaway hiked its stake in Apple by a whopping 23% to 165.3 million shares in the fourth quarter, according to a filing earlier in the year. Buffett has shown a voracious appetite to eat up Apple as the tech giant returns massive amounts of cash to shareholders via dividends and buybacks. It doesn't hurt that Apple's iPhone remains a dominant force in the smartphone market and services revenues is strong.
     
  5. Seattle Husker

    Seattle Husker 10,000+ Posts

    $2T? No chance. Apple's pipeline of new products appears to be limited. They'd have to add another iPhone level device and maintain the current iPhone sales which were diminishing last I read.
     
  6. Dionysus

    Dionysus Idoit Admin

    Appears
     
  7. Seattle Husker

    Seattle Husker 10,000+ Posts

    Do they have a hit to match the iPhone. That might be unprecedented in consumer electronics. If they do, Tim Cook should be given the award for CEO of the Millennia.

    I understand that Apple would keep that close to the vest if they had that in development.
     
    Last edited: Jun 5, 2018
  8. Dionysus

    Dionysus Idoit Admin

    I hear you, doubling their already massive market cap seems unthinkable. Who knows. It might not be in consumer electronics. I think Apple has big ambitions and they certainly have the means to fund them. Our world is going increasingly mobile and digital and that bodes well for them in any number of areas, imo.

    What really intrigued me about the article though is that Warren Buffet sees something he likes — a lot. Maybe he knows more.
     
    • Like Like x 1
  9. Seattle Husker

    Seattle Husker 10,000+ Posts

    Agreed. Warren Buffet is the Oracle of Omaha, afterall. He boasts that he prefers tangible business models that he can see and use. That's why he eats a Dairy Queen and is a major shareholder for them. Then again, he's reinvented the insurance industry overnight with technology driven insurance companies (Geico and Symetra). I'm sure someone at his level is privy to information us peons only dream of. Still, Buffet isn't a major consumer of electronics. He drives a modest Cadillac he purchased 6-7 years ago.

    I keep waiting for Apple to take a bigger turn towards cloud and subscription services. At this point it seems their user base is locked in but not growing significantly.
     
  10. Dionysus

    Dionysus Idoit Admin

    Apple stock closed at $201 today, up six percent, based on yesterday’s quarterly news. I think they hit the $1T market cap if it gets to $207.
     
    • Like Like x 2
  11. Joe Fan

    Joe Fan 10,000+ Posts

    Apple did hit $1T today, but we will have to see where it closes



    Feb 1996
    [​IMG]
     
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    Last edited: Aug 2, 2018
  12. Dionysus

    Dionysus Idoit Admin

    Nice. I remember when Jobs came back in 1997 and thinking they might have a chance after all.
     
    • Like Like x 1
  13. UTChE96

    UTChE96 2,500+ Posts

    Even at current valuation, Apple generates 5.5% free cash flow yield on its market cap which is better than the S&P average of 4.8%. A true powerhouse.
     
    • Like Like x 2
  14. Seattle Husker

    Seattle Husker 10,000+ Posts

    I keep waiting for the Apple run to wither but I continue to be wrong. Wish I hadn't sold when I did.
     
    • Like Like x 1
  15. Joe Fan

    Joe Fan 10,000+ Posts

    And he personally bought a crapton of AAPL around that time.
    Plus, he took no salary (or maybe it was $1)
     
    Last edited: Aug 2, 2018
  16. Seattle Husker

    Seattle Husker 10,000+ Posts

    That $1 is a bit of a misnomer. CEO's do that for perception purposes. They then get monumental stock stakes and giant bonuses that often time pay out with even mediocre performance.
     
    • Like Like x 1
  17. Dionysus

    Dionysus Idoit Admin

    I heard that he did the $1 annual salary and had his compensation tied to performance/profit to demonstrate that he only wanted to get paid if he made Apple successful again. I don’t know if that’s true but it jives with the perception of his legendary will to get things done.
     
  18. Dionysus

    Dionysus Idoit Admin

    Hmm

    apple.jpg
     
    • Like Like x 1
  19. Joe Fan

    Joe Fan 10,000+ Posts

    AAPL has greater market value than the following companies combined:
    - Boeing
    - Toyota
    - McDonalds
    - Nike
    - Volkswagen
    - General Motors
    - Airbus
    - Adidas
    - Twitter
     
  20. Sangre Naranjada

    Sangre Naranjada 10,000+ Posts

    This article just goes to demonstrate that the government knows far better than you, what you should do with your money. This article should be required reading for anybody who advocates for more government intervention in our daily lives.
     
    • Like Like x 6
  21. Statalyzer

    Statalyzer 10,000+ Posts

    Eh, that can get you really really far.
     
  22. LongestHorn

    LongestHorn 2,500+ Posts

    And they don't even have 10% of the smartphone marketshare in China today as the 5th most popular smartphone brand.
     
    • Like Like x 1
  23. Joe Fan

    Joe Fan 10,000+ Posts

    AAPL just hit $213 per share
    Another all-time high
    Now up 26% this year

    [​IMG]
     
    • Like Like x 1
  24. Joe Fan

    Joe Fan 10,000+ Posts

    Apple now up to $1.041 trillion.
    That decimal is $41 billion which is about the size of Kimberly-Clark.
     
    • Like Like x 1
  25. Dionysus

    Dionysus Idoit Admin

    Apple, Google, IBM, and other companies drop the college degree requirements for hiring.

    I think this is great and more companies should follow suit. I suspect a lot of young people are finding college to be prohibitively expensive, especially when they could be spending those years developing skills in the areas that interest them. The internet has made it possible for motivated people to self-educate in many ways.

    Google, Apple ditch college degree requirements
     
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  26. Dionysus

    Dionysus Idoit Admin

    Cool visual on global brand ranking over the years (play the video). Apple shows up in 2011 and is like a rocket to the top.

     
    • Hot Hot x 1
    Last edited: Feb 23, 2019
  27. Monahorns

    Monahorns 5,000+ Posts

    Google and Facebook move quickly up the ladder as well.
     
    • Agree Agree x 1
  28. Joe Fan

    Joe Fan 10,000+ Posts

    The combined market cap of the 4 largest US companies (AAPL, MSFT, GOOGL, AMZN) is 13.8 x higher than March 9, 2009.
    From $326 Billion to $4.5 Trillion

    [​IMG]
     
    • Like Like x 1
  29. Dionysus

    Dionysus Idoit Admin

    Look at Apple over the past year ... doubled in share price from ~$150 to $309 (as of today)

    aapl.png
     
  30. UTChE96

    UTChE96 2,500+ Posts

    Sold about half of my stake on Jan 2nd just because it was too large a percentage of my overall portfolio. I think earnings will be great in a year due to the 5G phones coming out later this year.
     
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