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Technology Stocks : Apple Tankwatch -- Ignore unavailable to you. Want to Upgrade?

To: sylvester80 who wrote (18730)	4/11/2012 1:57:32 AM
From: pyslent	Read Replies (1) \| Respond to of 32680

"the market has priced CRAPple that they continue growing at the level they have been growing for the next 10 years (yet the US" You are creating a strawman. In FY2012, Apple is projected to earn $50 billion with a 100% YoY growth. Show me where anyone has Apple with a long term growth rate of 100%. Tens years at that earnings growth rate will mean a 2022 earnings number of roughly $50 trillion. I certainly do not see any evidence that market has priced in the expectation that Apple will be worth $1 quadrillion in 10 years. What is priced into the current Apple share price is much less ambitious. "The iPad is nothing" The iPad generated $9B in gross profit for Apple in CY2011, which is about 4 times more than Nokia's operating income for the year.