SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Semi Equipment Analysis
SOXX 297.50-2.6%Nov 6 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: robert b furman who wrote (56684)6/26/2012 1:07:27 PM
From: Kirk ©1 Recommendation  Read Replies (2) of 95378
 
Thanks for the kind words.

Comments re Apple.

It is a cult product and stock. People will pay more than it is worth for perceived value just as some women will pay $10,000 to do the same thing a 1¢ paper bag does, carry stuff. They pay for looks and prestige. Kudos to Apple for excellent marketing.

Apple is almost the very worst of the US. Over paid at the top while the majority work for peanuts from the factory workers in China to the sales force in the stores who just got a raise... look up how little they are paid. The sales force would make a ton more if they were selling cars for you with similar markups.

A lot of the successful don't pay their share of taxes as the very top doesn't contribute to payroll tax and their stock gains are taxed as capital gains.... so the salesmen to "genius workers" in their stores paying both sides of payroll tax plus high taxes in states like CA and NY.... pay far more percentage of income to support the government than the top execs at Apple.... or AMAT or LRCX... or any of my other good stocks....

If Hollywood goes after Apple like they went after the auto industry, big oil (JR back on TV!) or the banks.... things could change but they were smart to put Al Bore on their board.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext