Dear readers,
There is a lot of talk about how AAPL is overpriced, the stock has gone up too much and that Apple will barely meet expectations.
Apple is on the verge of changing the face of the entertainment business. Forget that for the time being. Apple is only trying to be a hardware company. They don't care of they don't make money on movies, music or any software. They only want to sell their hardware (iPod, iMac, iTv etc). They are coming out with great products and Steve is timing the launch such that the interest in the Apple brand never dies.
In fact, if they don't launch anything else this year, it is not because they can't but because they don't want to. They will launch that same exciting product early next year.
The current stock price has not even covered the rise warranted by the adoption of the MacBooks. Apple has a very low market share. Imagine the revenue generated if the market share goes up by only a few percentage points. iMacs can run either Windows or the Mac platform. Everybody is asking about it. It is topping Amazon's sale numbers.
AAPL market cap is 63.2 Bil. Their revenue has gone up from 8.27B to 13.93B to about 19B (September year end) if they only come in as per expectations. December quarter is expected to be a blockbuster.
I am not even considering the impact of iPhone, movies or any of theose potential revenue drivers.
Apple is going to do fantastic and the consumers will keep craving Apple products.
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