Linked by Thom Holwerda on Wed 27th Jul 2011 22:09 UTC
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Member since:
2009-05-19
Still $50bn difference. And considering value of a share for Exxon and Apple, Apple's EPS is 6.4% of the price while Exxon's is 8.5%.
And as unlikely as it sounds to me Apple will beat Exxon. (I even lost a bet on it for 20 pints of beer)
But, hey, as I said "WallStreet is full of nutters". And no thanks to Bloomberg and their "analysts" that predict that Apple will get to $550. And now they will!
If they don't enter lower priced market segments, they will soon hit "the wall". I predict that they will sell no more than 23million iPhones for Q3, if they stay solely in the premium market. And I think premium market is somewhere around 200mil per year.
With tablets, it's harder because competitor sales are statistically insignificant compared to Apple to evaluate growth of the whole market.