Evil Apple in trouble again

RichA wrote in news:d12c879b-dc00-413e-b884-
:

No printing costs. No warehousing. No retail environments, no
shipping costs. All characteristics of e-books. Which is why they
were cheaper than hard and soft-bound physical books. But Apple, that
"customer friendly" company didn't like that. And they wanted a 30%
cut just for disseminating electronic copies of books. So they
colluded with publishers to fix prices at much higher levels. I hope
they throw the "book" at that company. I actually would like to see
someone in jail.

Side issue. Apple is grossly over-valued. It's valued higher than Exxon
and Exxon has five TIMES the revenue.

In article , Rich
wrote:

Side issue. Apple is grossly over-valued. It's valued higher than Exxon
and Exxon has five TIMES the revenue.

totally different market. meanwhile, some analysts expect the stock to
go higher, as high as $1000 depending on the analyst.

you're just ****ed you didn't buy any.

On 2012-04-17 23:03 , Rich wrote:

Side issue. Apple is grossly over-valued. It's valued higher than Exxon
and Exxon has five TIMES the revenue.

Over $100 of every share of Apple is cash. (dividends and stock buyback
will begin soon over the next 3 years. I doubt, long term, that it will
reduce the cash/share much). Exxon has less than $13B in cash v.
Apple's $100B hoard.

Margins. Exxons margins are not very high. Apple's are huge.

Growth. Exxon has not changed much, fundamentally. Growth in revenue
has been driven by the price of oil, with little improvement in margin.

Exxon is a riskier play for investors in the long term. Oil prices and
oil delivery risks have risen in recent years. Oil sources for Exxon
(ex-US) are not guaranteed.

--
"I was gratified to be able to answer promptly, and I did.
I said I didn't know."
-Samuel Clemens.