03-27-2006, 03:41 PM
Article Accelerator Wrote:
-------------------------------------------------------
>
> AAPL is grotesquely undervalued right now.
Then, you should be buying.
As for me, I sold off half when it dropped past 70. I'll hold the rest for a while longer.
>> How many iPod-like products do you think APPL can
>> pull out of their hats?
> 1. As many as they want.
I don't see that. The iPod is nearly iconic, and represents (IIRC) over 50% of Apple's bottom line. If Apple could produce another such innovation - let alone 'as many as they want', they would increase revenue (and their company value) accordingly.
Products like the iPod come along extremely rarely. What is the last product that conquered consumer consciousness like that and was dominated by a single company? I'd like to say the telephone (pre-1983), but I'd welcome a more recent example. Perhaps the Sony Walkman, though for a far briefer period.
-------------------------------------------------------
>
> AAPL is grotesquely undervalued right now.
Then, you should be buying.
As for me, I sold off half when it dropped past 70. I'll hold the rest for a while longer.
>> How many iPod-like products do you think APPL can
>> pull out of their hats?
> 1. As many as they want.
I don't see that. The iPod is nearly iconic, and represents (IIRC) over 50% of Apple's bottom line. If Apple could produce another such innovation - let alone 'as many as they want', they would increase revenue (and their company value) accordingly.
Products like the iPod come along extremely rarely. What is the last product that conquered consumer consciousness like that and was dominated by a single company? I'd like to say the telephone (pre-1983), but I'd welcome a more recent example. Perhaps the Sony Walkman, though for a far briefer period.