Gosh, I've been waiting for a long time to say it on the day that Apple overtook MSFT in mkt cap! I finally got my chance! Who knows what tomorrow may bring (I have a good guess), but today, I am going to celebrate!
Apple has recently peaked at a market cap of $248 billion. Several analysts' target price is $300 or more which would put market cap within range of Exxon. It's not a question of if but when. I think it will happen within 6 months.
There are many Apple-centric sites and followers that become giddy everytime there is a blip up in Apple's market share. Even Steve Jobs is not immune to that.
Well yeah, but that is comparing marketshare over the previous marketshare for that companies product category. It indicates that the product is outpacing the industries growth.
If they did it by selling $400 notebooks then it wouldn't mean squat, but they aren't. And it's not comparing a company selling PCs to a company that licenses OSes to every PC company.
Marketshare is relevant to show stockholders growth and trends only when other factors are being determined, but the people posting that Apple won't be anything until they best MS' OS marketshare are just myopic and foolish as it require Apple owning 50% of the PC hardware sales, which is twice as much as the current industry leader, HP, currently sells. For Apple to match HP at 25% Apple would still only have a 25% OS marketshare, yet they'd be making about 80% of the industries profits. That just isn't going to happen unless Apple changes their business model. I don't think that is likely and wonder why anyone thinks that is.
I'm an apple fan forever, BUT I have to admit MSFT has a huge R&D department and invests in fundamental techs more than apple - example the huge effort and push to get F# out the door which for me is a huge step forward from C. Apple has been saving money modding open source stuff which is great for profits and compatibility but is not doing the dev world any favors. As a Software company that lives on how good 3rd party apps are apple should do everything in it's power to make it easier for them.
I have to admit my next dev effort will be F# - I can't afford the untold wasted hours on Xcode inefficiencies
Apple if you are the biggest in the world - you need to give back and assume the rolls that AT&T did of yesteryear - establish an Apple Research division which invests in fundamental technology - not just applied tech for the next year or two, and beef up those dev tools to be better than the competition!
Apple has recently peaked at a market cap of $248 billion. Several analysts' target price is $300 or more which would put market cap within range of Exxon. It's not a question of if but when. I think it will happen within 6 months.
or the coming quarterly results. Exxon seems to be dropping as fast as apple is rising.
I'm an apple fan forever, BUT I have to admit MSFT has a huge R&D department and invests in fundamental techs more than apple - example the huge effort and push to get F# out the door which for me is a huge step forward from C. Apple has been saving money modding open source stuff which is great for profits and compatibility but is not doing the dev world any favors. As a Software company that lives on how good 3rd party apps are apple should do everything in it's power to make it easier for them.
I have to admit my next dev effort will be F# - I can't afford the untold wasted hours on Xcode inefficiencies
Apple if you are the biggest in the world - you need to give back and assume the rolls that AT&T did of yesteryear - establish an Apple Research division which invests in fundamental technology - not just applied tech for the next year or two, and beef up those dev tools to be better than the competition!
I believe SJ is holding such large cash reserves only to invest them all as soon as some "game changing" opportunity arrives.
What is truly amazing is that Apple did this not by racing to the bottom by creating commodity devices that undersold everyone else. Perhaps a poor analogy, but almost as if Rolex became the biggest watch manufacturer while continuing to make only their signature brand.
Microsoft is pretty dead in terms of innovation. Glad to see Apple finally beat them after years of the sleezy Bill Gates.
Bill Gates should have gone to jail. Memory company executives from Samsung, etc have gone to jail for price collusion. What Microsoft did was a lot worse than that.
I have to admit my next dev effort will be F# - I can't afford the untold wasted hours on Xcode inefficiencies
What? Objective C setters and getters with two lines of code that on c sharp would have been 15? one line of code to grap such api's as mapkit or the ipod, etc? Not tracking you here.
As long as other people are free to innovate no monopoly is safe. The government should remember this next time they embark on their next antitrust case.
Apple if you are the biggest in the world - you need to give back and assume the rolls that AT&T did of yesteryear - establish an Apple Research division which invests in fundamental technology - not just applied tech for the next year or two, and beef up those dev tools to be better than the competition!
This is a GREAT point. Apple should create the equivalent of a Bell Labs (but keep the good stuff for themselves!). BL represented the pinnacle of of American corporate innovation.
Your data is different from Google Finance. Do you really think that is Wolfram|Alpha is the best choice without backing it up or noticing that the latest trades data is recent but the other areas are based on older data? Or how about reading what AI and other tech and finance sites are measuring?
You are being too gloomy. If you want to depress yourself. just ponder the words:
"This too shall pass..."
Nothing lasts forever. Even Apple will someday be overshadowed by another. No company remained at the forefront, forever, after its founder has left the helm, or lost the "itch of challenge".
Eventually, Apple will be surpassed by a high-tech soft serve ice cream start-up.... Doomed, I tell ya... Doomed!®
Early gadflies' SWAG estimates of 2010 tablet sales were mostly:
Total 10.5 million units total, with iPad sales at 5 million units
I joked that it would be more like iPads = 10 million, everyone else = .5 million.
Today, we know:
Apple has sold 1 million + iPads
Apple cannot keep iPads in stock
Apple is producing 1.5 million iPads a month (est.)
In September Apple will ramp up production to 2.5 million Pads a month (est.)
Lets be conservative:
Code:
. 2 Million iPads sold thru Jun Q 2010
+ 3 Million iPads sold thru Sep Q 2010
+ 5 Million iPads sold thru Dec Q 2010
----------------------------------
=10 Million iPads sold through YE 2010
That's what I'm talkin' about!
.
We have to wonder about how many iPads Apple will sell this quarter, and possibly even next. As the shortages seem so severe, their sales could be significantly less than all the new, high predictions are making them out to be.
I hope that's not the case, of course, but it could be.
I wish Apple had surpassed MS in a rising market, not a dropping one. So far, Apple is down about a dollar in after market trading, while MS is down one cent.
Comments
Look, you're Trade Mark isn't funny anymore!
Ok, I meant to say, Apple is dewmed!?
Yes it is!
Gosh, I've been waiting for a long time to say it on the day that Apple overtook MSFT in mkt cap! I finally got my chance! Who knows what tomorrow may bring (I have a good guess), but today, I am going to celebrate!
There are many Apple-centric sites and followers that become giddy everytime there is a blip up in Apple's market share. Even Steve Jobs is not immune to that.
Well yeah, but that is comparing marketshare over the previous marketshare for that companies product category. It indicates that the product is outpacing the industries growth.
If they did it by selling $400 notebooks then it wouldn't mean squat, but they aren't. And it's not comparing a company selling PCs to a company that licenses OSes to every PC company.
Marketshare is relevant to show stockholders growth and trends only when other factors are being determined, but the people posting that Apple won't be anything until they best MS' OS marketshare are just myopic and foolish as it require Apple owning 50% of the PC hardware sales, which is twice as much as the current industry leader, HP, currently sells. For Apple to match HP at 25% Apple would still only have a 25% OS marketshare, yet they'd be making about 80% of the industries profits. That just isn't going to happen unless Apple changes their business model. I don't think that is likely and wonder why anyone thinks that is.
too bad not in market share
The days of giving a crap about PC market share are over. Now the question is mobile device market share.
I have to admit my next dev effort will be F# - I can't afford the untold wasted hours on Xcode inefficiencies
Apple if you are the biggest in the world - you need to give back and assume the rolls that AT&T did of yesteryear - establish an Apple Research division which invests in fundamental technology - not just applied tech for the next year or two, and beef up those dev tools to be better than the competition!
too bad not in market share
that depends on the market. Apple dominates Microsoft in several markets, such as
MP3 players
Smart Phones
Tablet Computers
Music Sales
Apple has recently peaked at a market cap of $248 billion. Several analysts' target price is $300 or more which would put market cap within range of Exxon. It's not a question of if but when. I think it will happen within 6 months.
or the coming quarterly results. Exxon seems to be dropping as fast as apple is rising.
I'm an apple fan forever, BUT I have to admit MSFT has a huge R&D department and invests in fundamental techs more than apple - example the huge effort and push to get F# out the door which for me is a huge step forward from C. Apple has been saving money modding open source stuff which is great for profits and compatibility but is not doing the dev world any favors. As a Software company that lives on how good 3rd party apps are apple should do everything in it's power to make it easier for them.
I have to admit my next dev effort will be F# - I can't afford the untold wasted hours on Xcode inefficiencies
Apple if you are the biggest in the world - you need to give back and assume the rolls that AT&T did of yesteryear - establish an Apple Research division which invests in fundamental technology - not just applied tech for the next year or two, and beef up those dev tools to be better than the competition!
I believe SJ is holding such large cash reserves only to invest them all as soon as some "game changing" opportunity arrives.
I have to admit my next dev effort will be F# - I can't afford the untold wasted hours on Xcode inefficiencies
what? is f sharp good for mobile?
Microsoft is pretty dead in terms of innovation. Glad to see Apple finally beat them after years of the sleezy Bill Gates.
Bill Gates should have gone to jail. Memory company executives from Samsung, etc have gone to jail for price collusion. What Microsoft did was a lot worse than that.
I have to admit my next dev effort will be F# - I can't afford the untold wasted hours on Xcode inefficiencies
What? Objective C setters and getters with two lines of code that on c sharp would have been 15? one line of code to grap such api's as mapkit or the ipod, etc? Not tracking you here.
http://www.wolframalpha.com/input/?i=Microsoft+Apple
Apple if you are the biggest in the world - you need to give back and assume the rolls that AT&T did of yesteryear - establish an Apple Research division which invests in fundamental technology - not just applied tech for the next year or two, and beef up those dev tools to be better than the competition!
This is a GREAT point. Apple should create the equivalent of a Bell Labs (but keep the good stuff for themselves!). BL represented the pinnacle of of American corporate innovation.
What would they call it? iLab?
Oh AI, why must you always jump the gun? This is only market caps we are talking about here, they are NOT the largest tech company out there.
http://www.wolframalpha.com/input/?i=Microsoft+Apple
Your data is different from Google Finance. Do you really think that is Wolfram|Alpha is the best choice without backing it up or noticing that the latest trades data is recent but the other areas are based on older data? Or how about reading what AI and other tech and finance sites are measuring?
You are being too gloomy. If you want to depress yourself. just ponder the words:
"This too shall pass..."
Nothing lasts forever. Even Apple will someday be overshadowed by another. No company remained at the forefront, forever, after its founder has left the helm, or lost the "itch of challenge".
Eventually, Apple will be surpassed by a high-tech soft serve ice cream start-up.... Doomed, I tell ya... Doomed!®
Early gadflies' SWAG estimates of 2010 tablet sales were mostly:
Total 10.5 million units total, with iPad sales at 5 million units
I joked that it would be more like iPads = 10 million, everyone else = .5 million.
Today, we know:
Apple has sold 1 million + iPads
Apple cannot keep iPads in stock
Apple is producing 1.5 million iPads a month (est.)
In September Apple will ramp up production to 2.5 million Pads a month (est.)
Lets be conservative:
. 2 Million iPads sold thru Jun Q 2010
+ 3 Million iPads sold thru Sep Q 2010
+ 5 Million iPads sold thru Dec Q 2010
----------------------------------
=10 Million iPads sold through YE 2010
That's what I'm talkin' about!
.
We have to wonder about how many iPads Apple will sell this quarter, and possibly even next. As the shortages seem so severe, their sales could be significantly less than all the new, high predictions are making them out to be.
I hope that's not the case, of course, but it could be.
I'm happy I stood in line April 3rd to get my 3G.