Originally Posted by Mikeb85
Share price may not matter, but market cap does....
You cannot provide a single argument to support that, can you? Seriously, I'd like you to try.
People think that somehow, when a company reaches a Billion dollars it has to stop growing, because no company ever before has been worth a Billion dollars.
Oh, wait, we're talking a Trillion dollars this time. Well, that means its totall different, right?
Hell, the dollars aren't even the same-- every year the dollar declines in value, and lately that decline has been dramatic.
If you want to make this argument, show that Apple has saturated its markets.... which will be kinda funny given the state of the Phone and Tablet markets right now, as well as Apples %90 share of the PC market, no wait, that was %15 share of the PC market.
You guys just repeat this nonsense and you *don't* make arguments because you can't. You know nothing but you believe what you've been told.
Well, financially illiterate, this is why you didn't buy Apple when it was at $13 and had $6 in cash per share.
Now you think $600 and $100 in cash per share is "Expensive" for a company growing at %40 a year (or more.)