Be that as it may, i would expect that as a rebound takes hold, we see an interest in buying up the beaten down winners from the last few years, like Apple for example. As the cycle evolves, things may change.
the interesting thing is that many of the 'tech' companies aren't really tech companies anymore....google is an advertisement platform. As is Facebook. Apple is...consumer products and content delivery? Amazon is retail. Point is, if you want that ol' tech massive growth, the old names may not be able to deliver it. You might think you have a tech portfolio but it isn't anymore.
To get fast growth you might need to go to smaller companies that aren't household names. For that reason I use RYT, which is an equally weighted tech fund. Over the last 52 weeks, RYT has done much better than a more traditional market cap weighted fund like VGT.
But over longer periods of time VGT has done materially better, as megacap tech has done so well over the last 10 years.
Also, with RYT you don't face the prospect of major blowups like Alibaba and Tesla are going through...your money is more diversified.
Apple is not a high growth innovative company, and has not been for years. I have illustrated the facts on this many times. Buying back your stock, and increasing your prices is not a high growth innovative company. It slowing growth and maintenance of market share. The stock will be under $100 within a year.
Apple is not a high growth innovative company, and has not been for years. I have illustrated the facts on this many times. Buying back your stock, and increasing your prices is not a high growth innovative company. It slowing growth and maintenance of market share. The stock will be under $100 within a year.
Your ignorance is showing.
“As iPhone revenues have stagnated, Apple has looked for new ways to generate revenue from the iPhone. It launched Apple Watch in 2015, as an accessory to the iPhone which tracks various health and fitness metrics. AirPods were next, which paved the way for wireless headphones to become mainstream.
It has also built out its subscription services to include music and video streaming, video games, fitness and cloud storage. This segment alone generated $53 billion revenue in 2020, making it Apple’s second largest segment.
All eyes are on Apple’s next products, which may include a virtual reality headset and self-driving car. The past few product launches have been smaller in scope, like the HomePod and AirPod, and Apple fans are clamouring for the next iPhone.
Apple revenue increased dramatically in the past decade, from $108 billion to $365 billion. In the past year alone, it has increased its revenues by 33%.”
Apple is one of the most influential and recognisable brands in the world, responsible for the rise of the smartphone with the iPhone. Valued at over $2 trillion in 2021, it is also the most valuable technology company in the...
Apple is not a high growth innovative company, and has not been for years. I have illustrated the facts on this many times. Buying back your stock, and increasing your prices is not a high growth innovative company. It slowing growth and maintenance of market share. The stock will be under $100 within a year.
Your ignorance is showing.
“As iPhone revenues have stagnated, Apple has looked for new ways to generate revenue from the iPhone. It launched Apple Watch in 2015, as an accessory to the iPhone which tracks various health and fitness metrics. AirPods were next, which paved the way for wireless headphones to become mainstream.
It has also built out its subscription services to include music and video streaming, video games, fitness and cloud storage. This segment alone generated $53 billion revenue in 2020, making it Apple’s second largest segment.
All eyes are on Apple’s next products, which may include a virtual reality headset and self-driving car. The past few product launches have been smaller in scope, like the HomePod and AirPod, and Apple fans are clamouring for the next iPhone.
Apple revenue increased dramatically in the past decade, from $108 billion to $365 billion. In the past year alone, it has increased its revenues by 33%.”
Your ignorance is showing: Apple is the “poster child” for share buybacks, spending more than $467 billion in the past 10 years.
Seven of eight indexes on our world watch list posted losses through October 24, 2022. The top performer is India's BSE SENSEX with a YTD gain of 2.71%. London's FTSE 100 is in second with a loss of 5.02% and Tokyo's Nikkei 225 is in third with a loss of 6.31%. Coming in last is Hong Kong's Hang Seng with a loss of 35.12% YTD.
Your ignorance is showing: Apple is the “poster child” for share buybacks, spending more than $467 billion in the past 10 years.
I said nothing about buybacks. My post was obviously showing how utterly ridiculous your statement was that Apple has not been a high growth innovative company for years.
the interesting thing is that many of the 'tech' companies aren't really tech companies anymore....google is an advertisement platform. As is Facebook. Apple is...consumer products and content delivery? Amazon is retail. Point is, if you want that ol' tech massive growth, the old names may not be able to deliver it. You might think you have a tech portfolio but it isn't anymore.
To get fast growth you might need to go to smaller companies that aren't household names. For that reason I use RYT, which is an equally weighted tech fund. Over the last 52 weeks, RYT has done much better than a more traditional market cap weighted fund like VGT.
But over longer periods of time VGT has done materially better, as megacap tech has done so well over the last 10 years.
Also, with RYT you don't face the prospect of major blowups like Alibaba and Tesla are going through...your money is more diversified.
Apple is not a high growth innovative company, and has not been for years. I have illustrated the facts on this many times. Buying back your stock, and increasing your prices is not a high growth innovative company. It slowing growth and maintenance of market share. The stock will be under $100 within a year.
You might want to revisit your projections to me regarding Apple about 4 years ago and see how that worked out. And i don't really care if it fits any particular definition including high growth. But thanks nonetheless.
Your ignorance is showing: Apple is the “poster child” for share buybacks, spending more than $467 billion in the past 10 years.
I said nothing about buybacks. My post was obviously showing how utterly ridiculous your statement was that Apple has not been a high growth innovative company for years.
Of course Apple is not innovative, that is why they have gone to services. Wait for latest camera upgrade to the iPhone, and choose your color.
I think you should do what most Apple investors are doing, pay more for a unit of earnings. :-)
Apple is not a high growth innovative company, and has not been for years. I have illustrated the facts on this many times. Buying back your stock, and increasing your prices is not a high growth innovative company. It slowing growth and maintenance of market share. The stock will be under $100 within a year.
You might want to revisit your projections to me regarding Apple about 4 years ago and see how that worked out. And i don't really care if it fits any particular definition including high growth. But thanks nonetheless.
We’ll see how that works out over the next decade. But thanks nonetheless. :-)
You might want to revisit your projections to me regarding Apple about 4 years ago and see how that worked out. And i don't really care if it fits any particular definition including high growth. But thanks nonetheless.
We’ll see how that works out over the next decade. But thanks nonetheless. :-)
Good deal.
I'll make a point of hitting you up for a virtual reality meeting on the Apple augmented/virtual reality headset that they are developing now while i sit in the back of my Apple car (a full autonomous electric vehicle) that they are also rumored to be working on, and maybe you could take the call on the foldable iPhone that they are soon to release.
on a technical basis today was important - busting through SPX 3800 resistance con brio (now 3860), and higher than the early October rise. Stocks are up around 4% over a month now, and at their highest levels since mid-September. Which is not a long amount of time, but I'll take it.
Also, corporate bonds are rallying hard today in price, falling in yield = great news. Next key step will be if short term treasuries can be up over a month's time. We need those to steady in order to give sense to the financial world and provide a risk-free rate.
Another success for the 'back up the truck when the VIX gets to 33ish' strategy. Which it did Sept 27ish, when the SP500 was at 3,600ish.
I suspect the fed will do 50 bps next time and then 25 and then that's it.
We’ll see how that works out over the next decade. But thanks nonetheless. :-)
Good deal.
I'll make a point of hitting you up for a virtual reality meeting on the Apple augmented/virtual reality headset that they are developing now while i sit in the back of my Apple car (a full autonomous electric vehicle) that they are also rumored to be working on, and maybe you could take the call on the foldable iPhone that they are soon to release.
Not making this stuff up. You'll see.....
All things I am dying to have.
Apple is not cheap; easy money, and government handouts dead. Maybe it is just me, but I would be selling stocks and bonds a stone throw from the highest valuations in history. But that is me. 🫃
