Quote:
Originally Posted by HansTWN
Remember, Sony made a small profit last quarter after years of heavy losses. And Sony was being propped up by their movie studio. If Apple will be "coasting along" that will mean a share price of $100 or less, not $4-800. Nobody said Apple will go under, just that they will have to settle for a 20% or so market share and a much smaller share of the profits than they do now. Being #2 or 3 isn't bad, I suppose. To stay on top they will need something big. Share prices reflect future earnings prospects not past successes. They can keep prices up for a while by distributing their cash booty.
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Don't confuse market share with profitability. They aren't the same thing, and they don't work in lock step with each other. In a choice between greater market share and higher profits, I'll take the profits every time.