Apple stock briefly touches $600, now worth more than the rest of the US retail sector combined
posted by Daniel P. / Mar 15, 2012, 9:23 AM
Not only that, but Apple's stock briefly pierced through the $600 barrier today, and Wall Street is all puppies and flowers for its future direction, to the tune of $1000 a share. Normally Warren Buffet's moto "Be greedy when others are fearful, and fearful when others are greedy" applies fully in such situations, but Apple's stock was just undervalued if we looked at its EPS multiple.
On the eve of the new iPad launch tomorrow, Apple has all the prerequisites to shatter another sales record, we should know pretty soon. The only thing that can stop the tablet's march to glory is insufficient high-res display supplies, but Sharp and LG are said to restore capacity as early as next month.
Posts: 51; Member since: Oct 22, 2011
posted on Mar 15, 2012, 9:32 AM 7
Posts: 4; Member since: Oct 27, 2008
So what???? Jump ship from crappy android and you'll understand why. I don't know why all the apple haters frequent this site and then post hateful comments about the apple articles and products. Get a life all of you. Or find a website that promotes your pathetic android phones and phone features and post your idealist comments there. At least your comments are good for a laugh at best.
posted on Mar 15, 2012, 3:07 PM 3
Posts: 303; Member since: Nov 02, 2010
I really think someone should look into Apple's books. Not to sound like I'm picking on Apple, but they could become the next Enron or Adelphia. You never know what greed can do to people.
posted on Mar 15, 2012, 9:56 AM 2
Posts: 427; Member since: Jan 21, 2011
well yea normally id think the books r cooked, however with all the isheeeep running around out there paying triple what they should be paying for the same technology (such as laptops), i do believe they are making a boat load of money off the poor souls.
posted on Mar 15, 2012, 10:45 AM 8
Posts: 1042; Member since: Feb 22, 2012
i'm just upset that i wasnt aware of stocks/shares when apple was worth around $10 or more a share...lol man i would've bought a CR@P LOAD of it and be smiling all the way to the bank in a few years... "who would've thought apple would've been worth this much???"
posted on Mar 15, 2012, 11:48 AM 1
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