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Apple is in the category "growth company" and needs a growth story to justify its value. When the roof comes in sight, as it does currently, the party is over.
by fh973 14y ago
Apple is in the category "growth company" and needs a growth story to justify its value. When the roof comes in sight, as it does currently, the party is over.
- uptown 14y agoThey've essentially refreshed their entire line of products, leaving a wide open field for 2013. Makes me wonder what they've got in their pipeline. If it's just spec bumps and incremental improvements to existing products, they may not have what it takes to excite. If they have a product or products that enter into new markets, they could return to the $700 levels we saw before. What I expect in 2013? What markets are untapped? 1. Apple TV will be opened up to app developers. 2. Apple will release a wearable device (wristband, watch, something). 3. Something with home-automation or smart-home technology.
- gwright 14y agoI found the following comment from Tim Cook during the earnings call today interesting: > We're working on some incredible stuff. The pipeline is chock full. We feel great about what we've got in store.
- jarek 14y agoYou weren't expecting him to say "yeah, we're just going to do an iPhone refresh and a retina iPad mini, and maybe refresh the Macbooks, if it's ready we'll do One More Thing wink wink", were you?
- Cookingboy 14y agoAre they still considered a "growth company" when their stock is trading at 11 P/E? Hell, it's barely considered a growth stock P/E when it was at 700 a share. If it's treated as the same type of growth company as even Google then AAPL would be worth close to $1000/share now.