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#46 | ||
Zealot
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Device: Kindle Paperwhite 2, Gray Kindle Basic
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What was the point of this reply?
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Last edited by hardcastle; 02-23-2014 at 02:12 PM. |
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#47 |
Ex-Helpdesk Junkie
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Location: The Beaten Path, USA, Roundworld, This Side of Infinity
Device: Kindle Touch fw5.3.7 (Wifi only)
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#48 | |
occasional author
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Join Date: Sep 2011
Location: Wandering God's glorious hills, valleys and plains.
Device: A Franklin BI (before Internet) was the first. I still have it.
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If Apple[AAPL] and its products disappeared, replacement would be easy. On the other if Exxon [XOM] and its "more real" properties disappeared the world would be in trouble and yet we compare the "value" of AAPL to XOM. AAPL's stock once hit $700 a share, then dropped to $400, and then went back up to the $550 to $570 range until recently when it started back down and went below $500 which some defined as a "resistance level" and some, myself included, speculated whether it would continue down to the $400 resistance level. Apple then (at first secretively) proceeded to support the share price (up to about $546) with a stock buyback of $14 Billion (about 10% of its cash holdings). A lot of people, myself and one of my sons included, who watch these things, myself as a amateur and my son as a professional, wondered why the increase and then 2 weeks later, the secret of the buyout came out. Apple is now moving back down again to about $525 currently. Apple's value doesn't mean a lot except to people holding on to the stock. What a lot of people don't quite understand is that if the last share of a stock sold for $100, that doesn't mean that all the shares sold for $100. Unless you are in the Market, don't worry too much about it. It doesn't necessarily directly reflect the health of a company or the worth of it's products. |
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#49 |
Wizard
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Device: kindle, fire
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I don't think a company or even an officer of a company can transact large sales/purchases in secret. Buy backs are a legitimate use of cash/stock. I paid off my 'readiloan' when GE tanked. That was a small scale buy back.
Your point about the value of a company is valid to a point. IP, patents, licenses, and even personalities (Steve Jobs) are part of the value of a company. There is speculation about future sales and success, too, but that's OK. Really, who buys a company/stock based on the value of its assets? The thing is, if you look at Apple, a lot of that is gone. They have lost some of the perceived value of IP, patents, and licenses in court battles. Cook is not Jobs. People feel less positive about future sales as their customer base ages and low cost competitors get much better. I don't know if $400 is the right price, but absent another amazing product, Apple is on the decline. People are talking about TVs and streaming boxes and watches. Those products will lead to a $300 Apple. They are not going to sustain historic margins competing with Roku and Amazon. |
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#50 | |
Wizard
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Device: kindle, fire
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That TF-20 Vista machine I rebuilt is for my taxes. It will not go online except e-file. That's a pretty safe computer. I have one at work that is never connected to any network. It is stored in a locked container is a locked and alarmed room is an access controlled building patrolled by guards inside a fenced in facility with cameras monitoring the perimeter. This computer runs Windows XP. It might be the safest computer on the planet. |
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#51 | |
Wizard
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Join Date: Nov 2011
Device: kindle, fire
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Linux has been brimming with potential most of my adult life. Still is. Any Linux distro would KILL to be the next Microsoft.
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#52 |
Fanatic
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Join Date: Nov 2013
Device: None
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I think most people knew the smartphone as we use it now was coming. I think most people knew the electronic tablet was coming. Apple and Google/Samsung made a lot of money by grabbing a core piece of the audience for those devices.
I don't think there's anything else coming in the near future that will touch as many people as those types of devices have. The next big technology shifts are probably farther out, and I think Google has made lots of investments to be the first mover in those markets - self driving cars (I assume they will license this technology to automakers?), robotics, and the smart home. I think Apples future will feature more targeting of profitable small audiences than targeting big general audiences (as they are with the iPhone and iPad). The new Mac Pro might be a good example of that. Another would be the watch. They have supposedly been researching medical technology and I think that if they release a watch it will be marketed to fitness nuts and to people interested in managing their health or chronic illnesses in certain markets, and not simply as a general consumer device. |
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#53 | |
Wizard
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I mean you either judge by the sales of their latest product or by how long older products are kept in use. |
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#54 | |
tec montage
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Join Date: Sep 2012
Location: harsh unforgiving places
Device: kindles, lenovo, chromebook, mobiles
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Raise arm and fly! I will buy one for each arm. |
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#55 | |
Wizard
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Device: kindle, fire
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#56 |
occasional author
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Karma: 2064403292
Join Date: Sep 2011
Location: Wandering God's glorious hills, valleys and plains.
Device: A Franklin BI (before Internet) was the first. I still have it.
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#57 | |
occasional author
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Karma: 2064403292
Join Date: Sep 2011
Location: Wandering God's glorious hills, valleys and plains.
Device: A Franklin BI (before Internet) was the first. I still have it.
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#58 | |
Cheese Whiz
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Location: Springfield, Illinois
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Ok, I'm done with my pedantic rant. (But true pedantics don't really do rants all that well, they just sort of make everyone roll their eyes.) |
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#59 |
Wizard
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Device: kindle, fire
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Unfortunately, a lot of people make their decisions based on emotion. Best to buy and hold good companies or sectors.
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#60 | |
Award-Winning Participant
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Location: NJ, USA
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Buy low, sell high....that does involve selling at some point. |
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