Comments on: Apple stock is up 31 percent this year

By: steve ballmer, redmond WA

steve ballmer, redmond WA — Sat, 04 Apr 2009 05:52:05 +0000

Stock performance means NOTHING!

http://fakesteveballmer.blogspot.com

By: macdisser,bronx,new york

macdisser,bronx,new york — Sat, 04 Apr 2009 00:06:18 +0000

wow this is great. I think i will wait till it gets to around 200 then short it. wow that worked so well last time… itard fools

By: iphonerulez, Brooklyn, New York

iphonerulez, Brooklyn, New York — Fri, 03 Apr 2009 18:43:33 +0000

RIM just took a big dump all over Apple. Better just let it go. The company that is being systematically destroyed by the iPhone platform and has only a few months of survival left is suddenly the investor's favorite smartphone company. A month ago, it was said that RIM would never get over $50 and now it's being said it won't get over $60. RIM is a company that makes impending doom look good.

It was said that the reason RIM looked so good this quarter was because it was practically giving it's phones away. I'm not sure if that's true or not, but I guess RIM investors don't concern themselves with things like that.

By: KenC, Gardiner, Maine

KenC, Gardiner, Maine — Fri, 03 Apr 2009 18:09:54 +0000

Of course you can't win with this readership. Apple is a hot-button topic!

As the WHOPR says in Wargames, the only way to win is to not play, but where would the fun in that be?

By: Roman, Cambridge, MA

Roman, Cambridge, MA — Fri, 03 Apr 2009 14:25:44 +0000

Ok, I don't really like RIMM but you *have* to revise given their jump in the AH yesterday (and an even greater one today). Otherwise, this just looks badly timed and out-of-date. Also, I would actually scrub the article and re-post after AAPL earnings (or at least post an update).

ex ped: Too late to scrub, but addendum added to acknowledge RIM's gains Friday.

By: Randy B, Boca Raton, FL

Randy B, Boca Raton, FL — Fri, 03 Apr 2009 14:24:34 +0000

@Brian

You may not have noticed Brian but we are still in the recession and probably will be for another year. And since iPhone sales account for less than 7 percent of Apple's gross revenue, it won't make much difference how well the phones sell. Apple is looking at a 16 percent drop in revenues, that doesn't seem to be a good sign for the stock going back to $200 any time soon.

By: David Emery, Reston VA

David Emery, Reston VA — Fri, 03 Apr 2009 14:16:31 +0000

What I think is interesting is how -diverse- the 4 horsemen are.

Google is (mostly) software service provider.

Amazon is (mostly) an internet retailer.

RIM is a hardware systems vendor.

Apple is a hardware & software systems vendor.

What remains to be seen is whether RIM can break away from its single product. Apple has very successfully done that -twice- (a rather amazing feat).

We'll have to see what Microsoft, HP and Dell do, and I think IBM is the 'dark horse' here, particularly with the (imminent?) purchase of Sun. IBM is very strong in B2B kinds of things, where these 4 horseman are very much consumer focused. HP & Dell are both consumer and B2B.

But I think the (a) strength; (b) diversity; (c) strong cash position of AAPL means that it's still likely to be 'sector outperform', once we figure out what that sector really is

By: Brian

Brian — Fri, 03 Apr 2009 13:50:06 +0000

@Randy

There was this little thing called a recession we went through last fall. Maybe you heard of that?

No way it's not going to back beyond $200. iPhone profits are ramping up exponentially.

By: Bob, Boston, MA

Bob, Boston, MA — Fri, 03 Apr 2009 13:48:49 +0000

Of course, the major unknown is Steve Jobs. If Jobs isn't back by June I think Apple is dead money for a long time.

By: Randy B Boca Raton, FL

Randy B Boca Raton, FL — Fri, 03 Apr 2009 13:41:04 +0000

Let's see, April 2, 2008 the stock was at $148 a share. I would say the stock is down year over year and off from its high of over $200, why are you writing this?

ex ped: Hmm. I get slammed for including a sentence about how the stock dropped in 2008 and slammed for not leading with it. Can't win with this readership.