“Apple has been taking a real beating on Wall Street and in the press lately,” John Kirk writes for TechPinions. “But are we losing our long-term perspective by focusing so intently on quarterly results?”
“The Stock Market is a predictor of future growth, but it is hardly infallible. Seven months ago the market was predicting spectacular growth for Apple,” Kirk writes. “Today it’s predicting almost no growth at all, worse than Dell and HP. Was the market wrong seven months ago or is it wrong today? Or both?”
Kirk writes, “If you look at Apple’s numbers for this quarter and the next, you might think you see a company in decline. But if you look at Apple’s numbers over the fiscal or annual year, you see anything but decline. Let’s put this in perspective: Would you rather have Apple’s profits or those of Google, Amazon, Microsoft or Samsung? Once you put it that way, the answer as to how Apple is doing becomes clear. Apple dominates the most dominant tech sectors of our times.”
Much more in the full article – recommended – here.
“But are we losing our long-term perspective by focusing so intently on quarterly results?”
Yup.
I had no problem with this view when Apple was on a high roll, but for some odd reason I hate it now that Apple is scraping bottom.
Scraping bottom?
Gee, I’d like to scrape bottom with 160 Billion on hand. That would be so rough.
Talk about lost perspective.
Anyone, including MDN, who thinks Apple is sinking needs to have a severe gorilla glass transplant to their abdomen so they can see the world.
The sky ain’t fallin’ and Apple ain’t in the sh*tter.
Anyone who thinks otherwise needs the above transplant.
Cheers.
Laughing Boy took a bath, and as a result has struggled with perspective. That’s a very tough one to just walk off. It can go existential on you. So I tend to sympathize, and lend strength to fellow sufferers. “The future is bright. Fundamentals are sound, and destiny is again in play. Loki sleeps. The time to act decisively is now.” You know, I might have a lucrative sideline writing fortune cookies.
the fortune is Cookie
get lost lame little boy
Yes, the mother fucker prefer ” love me little love me long ” than three years stand .
Your crudeness is really unnecessary and is disrespectful to all who read your drivel.
for which we can thank modern business school. .. and that is only half the problem . . . the other one being a total lack of ethics.
there won’t be any changes in american business – and wall street in particular – until wharton, harvard and other similar institutions reconfigure their business curriculum to teach a long term perspective and ethical behavior.
and good luck with that
Yeah as long as those people worship the almighty dollar above all else they will connive, lie, cheat and steal the system to their advantage forever. Human nature is a difficult thing to buck, so to speak.
“The Stock Market is a predictor of future growth…”
No, it’s not. It’s not even a good indicator.
The stock market is a reflection of Wall Street’s (flawed) predictions about future growth (and a number of other factors mixed in as well).
I am a tad bit dyslexic… (like a tad bit pregnant) 🙂
I read that “The Stock Market is the predator of future growth”… funny that.
The problem for Apple is that it’s always
compared with …. Apple!
The stock market is unduly influenced by rumours and analysts. If previous rumours and reports from analysts had been broadly comparable with how things turned out, then there could be an argument that the stock market might be an accurate predictor for Apple’s future growth, but the reality is quite the opposite.
The simple truth is that the stock market does not understand Apple. Analysts understand Apple even less and Wall Street is too stupid to realise just how clueless the analysts are when they talk about Apple.
John Kirk makes sense. Finally some logic & perspective in the panic that the anal-ysts/media hype.
after all: SHOW ME THE MONEY!
everyone that bitches about Apple’s ways: Do it better! otherwise STFU already.
it’s astonishing how all know better how Apple should handle the biz, yet none are richer or more successful for it!
Apple f’g owns 95% loyalty on iPhone + 96% on iPad!! try that!
Apple reaches 90% of world population with developers in 155 countries! try that!
Apple earns developers $1B/Q!! who else does that?!
74% of all app downloads are Apple’s! try that!
77% of all corporate mobile activations were from iOS last Q! try that!
95% of Fortune 500 firms use iPad in US! try that!
89% ww. no way you can beat that!
passé / niche?!
try legal App Stores in 155 countries!
try legal iTunes Stores in 119 countries!
beat this:
$43.6B rev! just last Q!
$9.5B profits! just last Q!
$37.5% margins!
outlook for aAPL:
– Apple manages the biz long-term unlike competition!
– cheap products make cheap experiences
– Look at AAPL, not Quarterly but Annually: do you not prefer its profits & growth rates to HP / Dell / Msft / Android / Samsung / Google / Amazon?!
see ALL about Apple Worth at http://www.stevessence.com/2011/10/19/is-apple-dead/
I don’t agree with that the market is a predictor of future growth. But other than that I agree.