northernguy

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northernguy
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  • Apple making sparse use of Swift in its own apps, engineer claims

    northernguynorthernguy
    sog35 said:
    singularity said:
    isn't Tim an Equity owner?
    Isnt Tim showing "Jobs" like behaviour and not giving a toss about wall street and just running the biggest  and most profitable company in the world?
    Isn't Apple making more money than they know what to do with it?
    Isn't Apple launching products every year that sale like hot cakes?
    Isn't Apple leading a cut throat sector and is considered to be the leader and closely followed by all the others?
    Isnt Apple raking it by cornering the "premium sector" and having 90%+ of the profits in both mobile and "proper" PC's?

    ok you've convinced me he's a bloody useless CEO. Maybe they should go private /s

    And yet Apple shares are valued less than Coca Cola, McDonalds, Walmart, 3M, Caterpillar, Cisco, and a bunch of other companies that show little growth or no growth at all.

    That low valuation is a reflection of how Wall Street views Tim Cook.
    In what market is AAPL valued less than MCD, KO, WMT, CAT, MMM, CSCO? Per share comparisons are pointless, because every company issues a different number of shares, and those are split all the time to keep the price "manageable". If you knew anything about valuations, you would compare market cap (market capitalization, which is the number of shares multiplied by the stock price). AAPL has a market cap (as of the close today) of about $539 billion. MCD = $106 billion, KO = $180 billion, WMT = $198 billion, CAT = $35 billion, MMM = $85 billion, CSCO = $120 billion. Apple is worth anywhere from more than double to more than 10x all of those companies. Apple is still one of the biggest (if not the biggest) US company by market cap. They also posted the highest profit of any public company in the US in 2015, and generate over 90% of all smartphone profits (despite having a global share of less than 20%). If this is screwing up, then I'd like to see when Tim gets it right. Based on market cap that is 25% bigger than the next biggest company (currently Microsoft), Wall Street would appear to have no issue with Tim Cook.
    afrodriqilliapalomine