No mas ... No mas ...
Well maybe one little quibble. :)
>This market space is not just about technology, it's about partnerships and the perception of the *public*. Right now, the *market's* perception is: RNWK is the technology leader, with MSFT close behind. Apple only just recently added streaming to QT4 -- it was originally a desktop-oriented format.<
Looked over this graph and noticed you were mixing the phrases "public" and "market". The terms are often interchangeable, but they're not.
Vis-a-vis the *public*, Apple Computer is one of the most recognized brands around the world. In APPL takeover rumors, the name itself is often valued at a billion dollars -- not that I have that much loose change to prove the point.
AAPL also has the cash ($2B net of debt) and marketing savvy to extend and embellish that reputation: "Think Different"; "Toasting Bunnies"; "She Comes in Colors"; "HAL/Y2K/Superbowl" and "QT/BMW/Academy Awards".
Ask 100 people if they know who RNWK is and what they sell.
Vis-a-vis the *market*, AAPL is week-old cat doodoo and RNWK its shining fur ball. Despite 6 quarters beating estimates, AAPL's still valued like a Vladivostok S&L relative to its box-making competitors [I've been trying to get this guy to add RNWK to his charts.]:
appleinvestors.com
Most tech-ignorant analysts consider AAPL a distraction and wish it would hurry up and die so they can get back to MSFT/INTC estimates.
RNWK, like the rest of the internet, represents a future whose growth they cannot calculate so they ascribe its value as limitless. [I believe they did the same with AAPL, in its early years.]
In any case, since the point of these threads/discussion is how best to make money on your stock picks, the market has clearly proven you right.
So far ...
soup
>PS: Don't get me wrong -- I've been an Apple afficionado for a long time. I've just learned not to get my hopes up. :-)<
Smart man. |
