“It always amazes me to see that whenever tech giant Apple comes up, analysts go out of their way to “one-up” each other in describing the company. It is as if there are yet things that can be said about the company’s success that has not already been said. That in and of itself demonstrates just how popular the company is — and how through its words or image Apple systematically does things that makes one question his or her own ability to rationalize,” Richard Saintvilus writes for TheStreet.
“The company has become not only the anchor of the stock market, but the beacon of innovation for the world,” Saintvilus writes. “(How’s that for my own “one-upping” attempt?) That it has surpassed Exxon Mobil as the world’s largest company — to the extent that it is now larger than Microsoft, Cisco and Intel combined — leads to the other popular component of any discussion that involves Apple: Its valuation. This is something many investors still do not fully understand. It seems the biggest source of disconnect, continuing due to a lack of appreciation between the difference of price and value.”
Saintvilus writes, “While many are quick to proclaim how expensive the equity is merely by looking at its stock price, I look at that valuation and see an equity trading at a considerable discount relative to its earnings potential. The stock is trading at a forward price-to-earnings ratio of only 10.”
Read more in the full article here.
I wander if that is after you pull out the more than $100 billion in the bank or with it in there. What ever, this makes no sense at all. After Apple eats up the next market (like the cable suppliers) what will it be? 9 times or 8 times?
What ever. I am in for a few more years. It will be fun when Apple is crossing $1,000 a share or $200 billion in the bank in the next 2 or 3 years. Will Apple be selling at 5 or 3 time earning at that point? Clueless idiots!
Do you wonder when you wander?
The most disappointing thing about Apple products?
Cheap-assed Asian capacitors.
Apple could use high-quality, Japanese capacitors that have a very low failure rate, but no. They go with the ‘ghetto’ Chinese, Indonesian, or Taiwanese capacitors.
Jony Ives and his team spend years developing iPods, iPhones, iPads, iMacs, Macs, et al… and what does Tim Cook do? Order the cheapest components he can get.
It’s like putting a Yugo engine in a Ferrari.
Tim… stop it!
I would rather spend a bit more to have a reliable computer than to have to replace a ‘faulty motherboard’ (i.e. crap components) every 4 months. I currently have 2 dead Macbooks and a dead iMac *specifically* because of crap components (capacitors).
Stop it.
Really? I’ve never had to replace a motherboard. What are you doing to yours?
Really??
Ok, if you want to pay a little more go for the three year warranty. If the capacitor is cheap then it will go before the 3 years is up.
Myself, have never had any Apple product break on me….and I am a major Apple customer….well 3 iMacs, 2 laptops, 7 iPhones, countless iPods, 3 apple TV, 2airport express and an airport extreme. Not one has failed over the last 8 years when I first became an Apple customer. One time my iPhone got messed up because I treated it bad……and they just replaced it…..no questions.
hehe?
I have been having a big problem with my MBP i7, frequent panics. Yes. Started after my upgrade to Lion, never on Snow Leopard. My crash record is growing. Apple has not replaced it yet, tried though a few times.
Never before had any problems with my Apple gadgets, Never. Not even thought of the guaranty of my Apples before this started.
Yes, I am also a “major Apple customer”, as you call yourself, if you are one 🙂
4 iMacs, 1 MBP i7, 1 MacBook, 1 MacBookAir, 3 iPads, 7 iPhones, Capsule, Airport extreme, 3 etc etc and a garage with oldies …….and I eat apples for breakfast 🙂
Karl, not all Lion installs are “CLEAN”! I have had glitches with the Lion “upgrade” process myself and so have friends. Hence, I have some recommendations born of experience.
Several “Best Methods” tips may be easily overlooked:
1. Install Lion to a clean empty hard drive/SSD (not an upgrade from a prior 10.6.x … or you are taking chances…
2. Then do all the Software Updates before doing anything else. Now, I create a .dmg from within Disk Utility so I can recreate a clean Lion install as needed.
3. Install all software manually from up-to-date installers for best results w/fewest chance for errors (& various Library items that might not get done right)
4. Copy in data files manually or w/Carbon Copy Cloner or as a last resort (for me) with Migration Assistant.
5. Migration Assistant to copy system files and prefs can leave stuff you can have problems with that you can’t normally even see with Library folders being hidden. I use PathFinder to easily go around this. Migration Assistant froze on me during one install moving stuff from 10.6.8. The question is why (I’ll never know) and did it muck something up (I’ll never know).
My SnapZPro license would not enter in Lion & I had to make the 2 license files visible to delete them and then I could finally enter the license # OK.
I have seen comments where some users had to manually remove Seagate drivers when their hard drives had problems.
As good as Apple is, there are still occasional glitches. Good Luck.
@BoC
Thanks for your kind recommendations. I am as of this writing taking a Carbon Copy clone of my MBP and going to leave it to Apple tomorrow for a new motherboard. I do not have enough time for more trial and error things. I do crave of Apple to just work as it always has, and won’t accept Apple to behave like a Pc, crashing all the time.
My wife is using my late 2006 15″ MBP using 10.7. Never had a hardware problem.