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Dec 27, 07 - 10:44 pm Comment from: MacMarc

Coleman was right once, but "past performance is no indication of future results."

Is this dejavu, cause I'm quite sure I read this $600 prediction a couple months ago.

Dec 27, 07 - 10:56 pm Comment from: 84 Mac Guy

$600 per share. Now that is a very, very sweet number.

As long as Steve Jobs doesn't get hit by a truck $600 is not out of the realm of possibilities.

Dec 27, 07 - 11:03 pm Comment from: cuz i'm the taxman

bald-faced speculation, but I'm not selling.

Do I smell a stock split?

Split stocks don't do any good. That Doug-loser-guy mentioned a while ago APPLE stock would hit something like 300 by May. Bull crap. So as if I am going to buy a Mac now. Mac guys have more fun - right... like where in their mothers basements.
Oh and Mac owners are so much more wealthier and sexier - and really know how to party. Yeah. Nerds. Geeks. Losers.

Just because Apple stock is up - it means nothing about market share.Windows is better and more open to developers. My Office will never convert to any Macintosh computer. They are still too expensive, too fragile, too often replaced by new models. And fancy hardware has no place in the back of the factory. Oh man I got grease on the machine sir... shoot. Hahahahah.

Macs stink.

"Do I smell a stock split?"

No. There are enough shares out there. The price doesn't necessarily have anything to do with a split. People were saying the same thing when it hit 100 and here we are.

@ No Split

Gee darn, You convinced me. I'm selling all my Apple and burning all my Macs.

First, I am not sure I made that claim. And dude, if I did, I am sure I wasn't taken seriously. Still whatever it goes up or goes down. I have bought a long long time ago and where ever it goes I am very happy.

One thing though, I must admit, I wouldn't put an iMac is some guys garage... even if he wanted to use my Garageband.

d

I don't believe that for a second. Maybe $300 but $600 is that the analyst is smoking some really good stuff or there's a motive behind spreading this kind of rumors.

For that kind of opinion, I find his invested commitment kind of light.

No Split=No Brains

NoSplit is having trouble concentrating with Steve J's nads slapping him in the chin....

Dec 28, 07 - 01:23 am Comment from: ChrissyOne

If you look closely, you'll notice I said "Hell Yeah".

And I stick by myself.

;P

600, here we come.

Dec 28, 07 - 01:27 am Comment from: ChrissyOne

@ No Split
"Oh and Mac owners are so much more wealthier and sexier - and really know how to party."

You've been looking at my pictures, haven't you?

Dec 28, 07 - 01:37 am Comment from: ChrissyOne

And now for a classic quote by D.L. Meyer...

April 2, 2007
"Apple shares were under-appreciated a few years back - they hit $14/share. Then they went up a bunch. Then they split! While the value of Apple Inc may double by the end of the year, the price of the stock will not. They will manage their stock price - currently over-rated (my opinion) - to keep it below $100, if possible."

Oh Dave... How can being so wrong be so RIGHT?

Unless a stock has liquidity issues, in which case a split can be beneficial, there is nothing great about a stock split. A split is value neutral -- you are not getting more for your money. I don't know why people obsess about splits. Whether a stock splits 2 for 1, 3 for 1, or 6.8362 to 1, it makes no difference: the value of your shares decreases proportionally. AND the rate at which the stock rises (or falls) subsequent to the split is also slowed in direct proportion to the split, so you don't "make more money faster."

For those who feel that Apple "must" split, Steve Jobs was asked at the last shareholder meeting about AAPL splitting, and he cited Google, saying that he didn't see any need to split the stock. My guess is that Mr. Jobs knows more about how to handle Apple's stock than anyone on this forum.

Hmm, that would be $505 Billion, making them nearly as large as Exxon-Mobil, the largest company in the world ($585 Billion)

Stock splits are thought to make stocks more accessible to a general market especially if you wish to attract a lot of small holders.

Also, it has been shown (but I'm not sure where!) that stock splits very often result in a rise in the company's stock value. Just one of those things.

John

70% to 80% of a stock's movement is due to institutional investors, not small holders. Small holders--especially with the advent of hedge funds--play a very small role in a stock's performance.

I've explained at length on MDN several times in the past why splits are meaningless and I'm not going to do it again. Whoever wants to believe that splits make a damn bit of difference are free to do so.

Dec 28, 07 - 05:16 am Comment from: IMM2C

@Mark

"I've explained at length on MDN several times in the past why splits are meaningless and I'm not going to do it again. Whoever wants to believe that splits make a damn bit of difference are free to do so."

Who cares?? And why do you care??

Lol. A good point.

Perhaps it's just a pet peeve of mine when people believe that splits are the holy grail of investing, when, in fact, they're meaningless in terms of profit potential.

Dec 28, 07 - 05:57 am Comment from: ken1w

If it happens, somewhere along the way, Apple's market cap will surpass Microsoft's. It's possible Microsoft's share price will also go up, but it is unlikely to keep pace with AAPL.

Mac = 200
MSoft = 25 - 30?

Mac = 5-6% market share
MSoft - 94-95%

What if Apple were to realy take off?

you do the math

If I get a Girl friend they will go that high
If not maybe not.


So if any girls want to help email me.

PS: If your nice, shares will go to 800 + soon and Will be a MS, Apple Showdown.

i know what ad who is sexy here, there, and everywhere.

mw: husband, as in i can be all of that and the h[o]us[e]band.

call me now.

@Quadcore: Exxon Mobil is not the largest company in the world. Petrochina is worth $706.7b while Exxon Mobil is worth $499.5b.

I really think Apple could be worth $500b, so $600 a share is not too unrealistic.

Dec 28, 07 - 09:30 am Comment from: Demon

There are companies and governments all over the world adding Macs and Linux systems at the expense of MacroSoftys market share (The entire US Military is dumping every internet exposed Windowz box and replacing them with a Mac XServe systems) . Vista's a loser and and the revolution is just starting. Software developers are finding that Mac development is more open and cheaper, as you don't have to pay Macrosofty for the privileged has Mac Development tools and compilers on a Mac are included. Mac Servers are also quietly gaining huge market share as Mac OS X Unlimited is vastly less expensive then Windows 2003 Server Enterprise 64 bit edition with it's per user charge and on going license renewal fees and it's much faster on top of it and more secure too.

So AAPL hitting $600.00 in 18 to 24 Months is a real possibility

Micros**t is losing out to Apple daily.

It's a beautiful thing people, a beautiful thing.

Dec 28, 07 - 09:52 am Comment from: ChrissyOne

Microsoft, at it's peak value in 200, was worth well over $500b, so it's not as if it completely unprecedented for a tech company to have that kind of market cap. The question is, can earnings keep pace. A share value of $600 = P/E of 150 today, which is ludicrous. But open up some new markets, grow in Europe, India, and China, and create more products that competitors can't match then maybe, just maybe...

Dec 28, 07 - 09:55 am Comment from: ChrissyOne

That should be "2000", of course. In the year 200, Microsoft was only worth about 20 shekels.

Alot of things have to go right for Apple's shares to hit $600. Like take 50% marketshare in PCs in five years, 20% of the cellphone market, that kind of thing.

Enderle is a total cretin without a clue. Check this one out.

http://www.itbusinessedge.com/blogs/rob/?p=178

Dec 28, 07 - 10:55 am Comment from: MCCFR

Let's try and not get bogged down in speculation about share prices, because that way lies madness.

However, we can theorise on the next step in Apple's exponential increase in valuation - what will it take to get Apple to $325 billion?

That market cap should be perfectly within reach if Apple could get to around $9 billion in net profits; of course, that brings the next question which is how do they get to $9 billion in profits?

Several years ago, that would have required nearly $90 billion in sales: something like four times where Apple was at the end of the last financial year. But that was before the development of the gift that keeps on giving, namely the revenue commission from the various mobile network operators with whom Apple is partnering on iPhone.

If Apple doubles CPU unit sales to 4 million units per quarter, they can realistically generate around $23 billion in computer sales alone, which should bring in $2.5 billion in profits.

Next up is iPod: a lot has been written about 'iPod Killers' and the fact that Apple can only lean on the iPod for so long. This irrationally supposes that the iPod has to be perceived as a limited music or media device, whereas I would argue that the iPod is effectively Apple's portable device family and can be as limited or open as Apple allows any given model to be followed by the imagination of the developer community. This frees iPod from the 350 million unit legend of the Sony Walkman: Walkman did one thing and it did it pretty well, but it had no protection against a rapidly evolving marketplace of digital solutions - the iPod doesn't have that problem.

iPod can continue to grow as a product: Apple have sold nearly 102 million units in the 24 months to 30/09/07 and over one-third of those units were sold in the last six months. Apple could very easily sell 75 million iPod mobile devices annually at $220/unit, which is another $16.5 billion in sales and another $2.5 billion in profit: so there's $5 billion.

Which brings us to the iPhone: my personal feeling here is that Apple could easily have 100 million customers in an active contract within three years. That's 100 million customers throwing around a minimum of $5.75 billion into Apple's bottom-line. Not to mention the $12.5 billion in sales and $1.5 billion in profits generated by the actual phone.

Throw in around $8 billion of low-margin iTS sales and Apple can make $12.25 billion in profit from $66 billion in sales. If – along with the wallet-bursting $25 billion in cash and assets that Apple will have in around three years – that's not good for a $400 billion valuation, I'm not sure what is.

Dec 28, 07 - 11:04 am Comment from: Ampar

Interesting post, MCCFR. Thanks.

100 million iPhone subscribers in Japan should be top priority, considering they are itching to get it. Even if Apple has to reinvent the inner guts to do it, the iPhone needs to hit Japan before breaking into the China market. There is no end in sight, especially with a few cool upgrades.
I would like to see AAPL hit 300, then talk about a 600 price.
I just love the fact that WalMart cancelled their online music service...they had the best chance of anyone to get a slice of the pie. Amazons move yesterday to play with iPods says alot, too. Apple TV needs to be $199 to get anyone's ears perked up along with the new movie services. Colored Fatboy Nano sales are going to be higher than anyone ever thought come Jan 15th...thanks again to the teenage girl buying market and the fact that they are a perfect fit for a stocking both visual and pricewise.

Dec 28, 07 - 11:46 am Comment from: ChrissyOne

The absence of an Enderle-esque anti-Apple hit squad in Asia shouldn't hurt, either.

Dec 28, 07 - 12:02 pm Comment from: January 24, 1984

Lower stock prices = higher beta. More speculation, more value swings. Nobody wants that.

Right?

Dec 28, 07 - 01:37 pm Comment from: Jim - TIV

If the stock hits $600 a share we won't see C1 here anymore. She'll be on a beach somewhere in the Caribbean sipping champagne while a cabana boy paints her toenails and asks her if she "would like the Salmon or the Lobster" for dinner.

Dec 28, 07 - 02:03 pm Comment from: dd

@No Split

You're definitely a troll and someone from the 90's. All your points were invalid and lies.

Thanks for playing!

Dec 28, 07 - 02:20 pm Comment from: ChrissyOne

Guys, guys... I just got an email from Rob Enderle! I'll post it, but I'm hoping he keeps talking, so stay tuned...

Dec 28, 07 - 02:21 pm Comment from: ChrissyOne

@ Jim - TIV

Come on, Jim. I'll never get too rich to talk to my friends. What do you think I am, a Republican?

What?!? Enderle sent a girl an email? I thought he was married to the other half of the Enderle Group?

Dec 28, 07 - 02:50 pm Comment from: Ampar

"Macs stink."

That smell is from you upper lip, troll boy.

Dec 28, 07 - 02:55 pm Comment from: ChrissyOne

No sh|t. I just replied to the second one. I'm hoping this goes the distance, but I'll put it all on my blog at the end.

Dec 28, 07 - 02:56 pm Comment from: Ampar

C1: You got Robbed? I hope you can get the stink of manure out of your inbox.

Dec 28, 07 - 03:02 pm Comment from: ChrissyOne

@ Ampar

Somebody's gotta do the dirty work.

Dec 28, 07 - 03:22 pm Comment from: Ampar

Maybe he's hitting on you and either Mary doesn't know or she wants in.

Dec 28, 07 - 03:55 pm Comment from: ChrissyOne

I'm not into mustaches.

I don't like Robs, either.

Dec 28, 07 - 04:41 pm Comment from: Ampar

"I'm not into mustaches."

Yeah, you'd think Mary would dye hers or at least get plucked.