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

To: sandeep who wrote (147648)	1/4/2013 10:25:35 AM
From: give_me_a_break	3 Recommendations Read Replies (1) \| Respond to of 213177

I dont agree. There is lots written about apple that is dressed up as "researched", but very little actual information that is not contradicted by other 'research". The market is waiting for earnings. Apple will drift down until then due to all of the noise that dampens positive conviction. If Apple disappoints again at earnings, then we will see $500 and below. Re lack of management action....thus it has ever been with apple. They almost never respond to market actions. only about $38 billion of Apples cash is available. The rest is trapped overseas. In theory, Apple could borrow $70 billion against that overseas cash and bring the proceeds home. But that would not be apples style. Thus the only use for the offshore cash is to fund offshore investments. Today the chatters seems to be about iPhone/iPad market share...Apple has never cared about market share. They care about profits. I (and Apple management) will be concerned if Samsung begins collecting most of the profits in the phone space. If Samsung has 60% or 70% market share and Apple collects 60% or 70% of the profits....Apple will be happy. I'm not entirely happy with apple management and direction, but the narrative that apple is doomed is a bit over wrought. America as a media culture seems to be consumed with a self-loathing pathos. The talk around Apple seems to reflect that. Everything good must be bad. Everything hard must be impossible, Everything unfortunate must be a catastrophe. If Apple goes to 425, I will look at the business and try to understand what their potential for making money is. If the story is still in-tact, I will buy.