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AAPL Stock: 433.26 ( -1.32 )

http://www.macnn.com/articles/02/12/06/bw:.apple/

BW: Apple stock yet to join recent tech rally

updated 12:00 pm EST, Fri December 6, 2002

 
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Business Week says that Apple stock may be given analyst predictions of its sales numbers, overall 2003 earnings, and increased traffic at Apple Stores.


by MacNN Staff

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  1. MacNN.com Reader

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    Apple is worth a lot more

    For a company that has managed to keep profits up every quarter since the fall of 2000 (with exception of the last quarter because of one time expenses), Apple deserves a lot more accolades than it has mustered. With companies like Dell having a billion and a half lower income since the fall of 2000, while Apple has manages to stay steady since then, Apple is the most successful computer manufacturer since the recession began. Its stock doesn't reflect it in part because of the myths that proliferate from IT people who are afraid they won't have any machines to work on if Apple succeeds in gaining widespread enterprise acceptance. http://www.macvspc.info is a website that shoots down all those myths, and shows that Macs are faster, cheaper in the long run, and easier to work with than PCs. The iPod is also gaining widespread acceptance even by the History channel's modern gadgets and is even being sold by the Dell Store. And best of all, developers are teaming around Mac OS X like crazy, with thousands of projects at http://www.sourceforge.net/ and http://www.macdevcenter.com

    There was a time when Apple couldn't attract any software developers more than those in the graphics and education industries. Now it is getting software development from all over the board.

  1. MacNN.com Reader

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    Joined: Jul 2001

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    Here we go again...

    pump and dump.

  1. MacNN.com Reader

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    Joined: Jul 2001

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    It says nothing

    The article says nothing new. It says even that Apple stock is not being bought and only that christmas sales is near. An earlier rule was that stocks were traded up in december and dumped before new year.

  1. MacNN.com Reader

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    Joined: Jul 2001

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    Re: Apple is worth...

    Hey Steve, we get it, okay? You don't have to start posting anonymously on message boards to convince us. ;-)

  1. MacNN.com Reader

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    Joined: Jul 2001

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    Facts

    Here's a couple ...

    1. Apple has not made a single $ of (real) profit since Steve took over in '97. All they did was move exec salaries off the books.

    2. You can count the number developers actually developing for X on your fingers (open-source developers targeting Linux don't count).

    3. If you continue using X you will still be browsing the internet with MS 5.2x three years from now (and claiming it to be the best browser ever, no doubt).

    4. The guy at BW who writes this stuff (over and over again) is either "disconnected" or a large Apple shareholder (if so, he has my sympathy).

  1. MacNN.com Reader

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    Joined: Jul 2001

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    Re: Facts

    Thanks for that bullshit. Would somebody pass the baseball bat please.

  1. MacNN.com Reader

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    Joined: Jul 2001

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    Re: Facts

    "1. Apple has not made a single $ of (real) profit since Steve took over in '97. All they did was move exec salaries off the books."

    Have you even looked at the books. That last quarter would have been an operating profit if not for one-time expenses. Maybe you should take an accounting course, or fourth-grade math.

    "2. You can count the number developers actually developing for X on your fingers (open-source developers targeting Linux don't count)."

    You must have freakishly huge hands, then. Go to versiontracker and see how many new products are coming out for MacOS X in one single day - it's more than I have fingers, that's for sure.

    "3. If you continue using X you will still be browsing the internet with MS 5.2x three years from now (and claiming it to be the best browser ever, no doubt)."

    Why? I don't use it now, why will I use it in three years? Chimera, OmniWeb, Mozilla, Netscape, and even Opera are alternatives.

    "4. The guy at BW who writes this stuff (over and over again) is either "disconnected" or a large Apple shareholder (if so, he has my sympathy)."

    As opposed to you, who has your thousands of fingers on the pulse of the Mac marketplace?

  1. jimothy

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    Joined: Sep 2000

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    Thousands of fingers...

    "As opposed to you, who has your thousands of fingers on the pulse of the Mac marketplace?"

    He uses those same fingers to count the Mac OS X developers.

  1. MacNN.com Reader

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    Joined: Jul 2001

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    Re: Facts


    3. If you continue using X you will still be browsing the internet with MS 5.2x three years from now (and claiming it to be the best browser ever, no doubt).


    Well, (a), who cares if its only MS 5.2. Something new happening in browsers? (b) MS IE 6.0 is in the works and has been seeded to developers (a person at a meeting I was at said they had a pre-release build to test their software, and the DOM followed the current DOM of the windows version, or at least IE 5.5 I guess) and (c) real Mac users use Mozilla or Chimera, not IE anyway.



    2. You can count the number developers actually developing for X on your fingers (open-source developers targeting Linux don't count).


    First, open-source developers targeting Linux aren't developing for X. They might be developing for Darwin, but since none of those folks probably even have a Mac, they certainly aren't porting it over to Aqua (X-windows at most). Second, you apparently do your counting on your hand, given your apparent level of intelligence. Third, your statement can be considered fact, depending on who's doing the counting and how many fingers they have on their hands. Although you don't specifically mention fingers. Maybe you meant ridges in the palm print. Or just stick a calculator in your hand and count that way (h***, with all the developers making stuff for X, you might need that calculator. Or at least an abacus).

    And considering how much 'profit' apple claims to have made in the last 5 years, I'd say the shareholders have a lot to complain about, finding out that the executives have made a billion dollars since 97.

  1. MacNN.com Reader

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    Joined: Jul 2001

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    It's in the game

    I read posts from people haussing Apple just because they like using the computer they have they don't see the whole picture. Do not give advice when you don't know what you are doing.

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