mike_galloway

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mike_galloway
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  • Apple stock bloodbath continues after China applies retaliatory tariffs

    mike_gallowaymike_galloway
    larryjw said:
    Apple and much of the Tech sector have stock valuations that are unreasonably high. Apple's recent PE ratio is now closer to 30, which is likely sustainable (perhaps still too high). NVIDIA is at 50, MSFT. now down to 30-ish, ORCL now 30-ish. TSLA is about 115, while the likes of Toyota is at 7. Ford at 7. None of these stocks are a good buy yet. Much of the recent highs is speculation over the AI hype, which they'll continue to hype for a while yet. 


    Are you comparing past earnings with the current stock prices?

    Future earnings are likely to drop which is why the share prices have dropped as they are anticipating a fall in earnings which will in turn push up the PE ratios again.
    ForumPostwatto_cobra

  • Apple shares hammered after Trump tariff announcement

    mike_gallowaymike_galloway
    mknelson said:
    Now that the tariffs are in place and are clamping down on immigration I am sure we should see companies starting production in the US in the coming days if not hours. /s
    I saw your /s…

    The US is only 4.22% of the world's population, Building production capacity and training people in the US would take decades. Most companies will try to weather the Trump term and hope things return to normal.

    The rest of the world will likely look at the 95.78% of the world's population and find our own way.
    There are lies, damn lies and then statistics. This 4.22% number is one of those. USA is the wealthiest country in the world. So even though the population is only 4.22% of the world, but its economy is much more significant 26% of the world economy. So, no, rest of the world cannot ignore what is happening in USA. Rest of world is also impacted by what is happening in USA. I agree with your other point though.

    Is not the point of tariffs to reduce this 26% as it is a large trade imbalance with the rest of the world funded by debt.

    It would appear to me useful if US consumers would bare the brunt of this transition by reducing their imports, which is what tariffs should do, painful though it will be.

    elijahgwilliamlondonronnJanNL

  • YouTuber shows off hardware hack to replace soldered MacBook storage

    mike_gallowaymike_galloway

    For about the same money as you would pay for this modification and memory I just added 8TB external SSD to a MAC Studio. 

    No modification required, no warranty violation, and the drive can be used elsewhere.


    eriamjhwatto_cobra

  • Goldman Sachs is certain to lose millions when it sells off Apple Card

    mike_gallowaymike_galloway
    "Consequently, Apple Card balances are running at $17 billion — over eight times the amount on GM cards. It's unlikely that Goldman Sachs will exit the deal

    with a significant loss".

    Without     a significant loss - seems more likely

    or

    It's likely that Goldman Sachs ........
    tnet-primaryOctoMonkeytdknoxroundaboutnowmarklarkwatto_cobra

  • AirPods Max just got the laziest and most disappointing update possible

    mike_gallowaymike_galloway

    This obsesion with “must update and replace” is really poor environmentally

    We all need to consume less, not more, and we really don’t need a new model every year (phones) yet, it appears that’s what is expected.

    ronnmbenz1962darbus69Japheywatto_cobra