I've just had a look at Apple stock and their price has increased quite a bit over the last 12 months, from about 78$ to about 105$. That's not bad at all, which obviously means I missed it , and I'd like to get some opinions about them. Do you think their stock will keep on growing over the next year?
My guess is that the phenomenal growth days of Apple are over. But there will still be marginal increases. The Apple Watch has yet to debut and the always-rumored Apple TV set are really the only kind of products that would be able to make this stock move. And unfortunately these aren't going to be complete game changers like the iPod/******/****.
I'm not touching AAPL. Simply because a lot of these super strong tech firms rarely last. Look at Nokia... 20 years ago they were the #1 in mobile phones. Look at... damn can't even remember the name... Altavista or something like that? THE BIGGEST SEARCH ENGINE and then came Google. Microsoft... 20 years ago they had like 99% of the operating systems under their control. Now apple has their own, google has their own, Linux and unix systems are becoming more and more popular by the day. (in fact, iOS is based on unix and Android on Linux) Technology is developing really fast and all you need is ONE competitor to bring something new to the table and these huge companies will be heading down. Some, like Microsoft, are still doing fine because ALL the corporations are using their software, AAPL doesn't have this advantage and relies mostly on the average consumer.
Apple's going to keep on increasing in the next couple years at the minimum. The increases are going to slow down, but the company is nowhere near its ceiling right now. It's been one of the biggest companies for over a decade now, and innovation is Apple's bread and butter. Android and PC fans might blast Apple's products as being a step behind, but consumers in general haven't agreed with those opinions. I'd expect Apple to easily keep growing this year.
A lot of fund managers got the call wrong last year but I still can't see it being able to perform that way again this year. The company's become too big and the competitive environment has changed so much for us to be able to assume the very strong growth rates of years ago. But I've been wrong before on this stock so we'll have to see how it pans out.
I'm still long pretty big here. I think it's realistically possible that they can become the first trillion dollar company in a few years. Whether that actually happens or not and how long it would actually take is the trillion dollar question, of course.
I'll agree with you there. If any company can make it happen, then Apple is in the best position to do so. They've made billions performing incremental upgrades on all of their devices, and it's a smart strategy because the company consistently sees massive profits. They don't release absolutely the best hardware for each tablet, computer, or smartphone, which helps the company avoid highs and lows from one year to the next. Such consistency could propel Apple to a trillion dollar valuation.
Given the blow-out results from the company, I guess the story will continue to run and run. I clearly got that call wrong and demand in China is certainly growing faster than I thought. The story will end - but it certainly doesn't look like it just yet.
I'm on board with this Apple "train" now. Hoping to see $150 by the end of this year! I think the latest profit results has proven that Apple will only continue to grow, and unless this smart watch is an absolute bust, they will continue to claim more market space.
Everyone is trying to time Apples fall, but so far everyone that has bet against them has effectively failed. I'm curious what they'll do in terms of acquisitions as they're likely getting quite a bit of head on the pot of gold they're sitting on. I also wonder what market they are thinking about tackling next, although some speculation has been automobiles -- I suppose we'll see.
