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To me peaked seems to imply that they will be going down quickly, and I just don't see that happening anytime soon. Look at the amount of money they've been mak
by clarky07 14y ago
To me peaked seems to imply that they will be going down quickly, and I just don't see that happening anytime soon. Look at the amount of money they've been making, and then look at their market share. Macs, it's tiny. iPhones, where they make 50% of their profit, it's half of samsung. Yes they dominate in tablets, but that is a rapidly growing market. They can lose share and still grow there.
It seems to me that the way the phone business is they don't really need to do anything special at all and they will make about 50 billion profit next year. That makes them undervalued in my opinion, just based on the fundamentals.
Now, do I think they are going to a trillion market cap in 3 months, not at all. But I think at this level they are a much better buy than sell. If only for the dividend that is likely to be growing by large amounts. all this being said i agree that samsung is also a buy. They are selling huge amounts of phones, and they are also selling the components for lots of others (though i think i just read they stopped selling screens to apple maybe?)