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

To: slacker711 who wrote (168756)	4/23/2014 5:42:30 PM
From: clean86	Respond to of 213176

Seems like more of a pointless discussion that isn't ever going to go anywhere but in an endless circle. The report was great the future looks bright. Oh no it's bright because a comet is going to ahhhhhhhhhhhhhhhhh!

To: slacker711 who wrote (168756)	4/23/2014 5:54:28 PM
From: 16yearcycle	Respond to of 213176

On top of everything else, the ta guys are going to be falling all over themselves with what this chart looks like now. I had been thinking they could well have a trailing 50 buck year within 12 months and 60 within 2 years. 1000 within 2 years is a realistic target. I'm very happy they seem pissed off.

To: slacker711 who wrote (168756)	4/23/2014 5:54:44 PM
From: Ryan Bartholomew	Read Replies (4) \| Respond to of 213176

Moving goalposts again. You said that they were "insanely undervalued" if they could achieve $43 and increase earnings going forward. They haven't grown from that level - it hasn't been a year. I think you understand the point... if Apple's earnings are still growing and keep growing, they were indeed "insanely undervalued" at $520, let alone lower prices. I'm not talking about small blips... I'm talking about year over year profit growth, year in and year out. We can't say whether it has stalled from 2013 levels because 2014 isn't nearly over. The rest of your post keeps using the word "substantial" profit growth. That isnt needed, and never has been at these valuations. Stable earnings from the current product lineup allows new products with smaller TAM's to produce at least some earnings growth. Couple that with share buybacks and the stock will do well. Share buybacks don't inherently add value - they are leverage. That aside, you're correct that slow growth - as long as it isn't coupled with periodic contraction - would justify these price levels. Of course, that can't just happen for a couple of years, but if it happens for several years, then it would hold true. If I knew that Apple would make $50, then $53, then $56, $59, $62, I'd be a buyer, despite the single-digit growth. My take is that we're at the peak earnings on a year over year basis (once we see what 2014 does).... but if the earnings grow, then grow the year after, then clearly my thesis was wrong on a longer-term basis.