when I bought my first mac (powermac g4 MD) then the ipod, i told my wife Apple was onto something. of course, after spending $4000 on that mac, I didn't have the extra $4K i needed to buy 100 shares at around $40. It's the closest I've ever come to buying stock of any sort.
doh!
i forwarded that news info to a few friends debating buying ipads and macs. Told them there's a reason for the success so think about it. Yes, Apple is the great marketing machine, but we all agree their stuff just works. I wasn't surprised to see the 10.7% of the PC market.
I was surprised to see that the ipad outpaced mac computer sales though. I thought it would be high, but not higher.
good for them. let's hope they keep innovating and never let down.
Isn't it amazing that one of the most valuable companies in the world (by market cap), makes only a few products? Yes, they are well made, and work well; but still only a few products...
Wow, Apple's stock hit $405.00± in trading today and no, I didn't have any available investment money years ago when I wanted to buy when it was heading to the $12.00 -> $25.00 range - but I don't think I'm alone thinking of any hindsight that I should have.
But I wonder of the phrase someone stated many years earlier — "precious things don't come in heaps'?? It seems that Apple found a solution to that.
Isn't it amazing that one of the most valuable companies in the world (by market cap), makes only a few products? Yes, they are well made, and work well; but still only a few products...
About 30 products, according to Little Stevie. And the Apple Stores are packed until closing time with people trying out all those products. Hands on is the key here.
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A little off topic, but I heard RIM is cutting 2000 employees... That's 11% of their workforce... As well, their stock has fallen 16%... Looks like Apple is doing their thing, especially when there one of few companies that have stocks skyrocketing in value...
Location: Windsor, gateway to the world, but I can't find the damn key!
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As I own a number of Apple products, I certainly am pleased with their current financial condition. However I wonder about the iPhone .... at the risk of incurring the ire of those who practice the religion called Apple, I'm wondering if they will price themselves out of the market. I've noticed that iPhones and their plans are very expensive. So the question is not how many iPhones are sold but how many non-iPhones are sold ( read Android or WIndows 7 ). I'm not sure where the smart phone market is in relation to cell phone sales within the world market, but many a leading company has fallen once the competition has landed on it's shores. I think the real question for Apple is, with respect to its iPhone, what is the size of the world wide market for smart phones and how much is their market share of that amount. To be honest I truly don't know how many Android phones have been sold ... and I could really care less for how many Windows 7 phones are sold but it is an interesting question non-the-less
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Apple Financials: Yet another blow-out quarter...
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