Apple stock hits the $200 mark

For those of you who pay attention to share price milestones in all multiples of $100, the Associated Press is reporting that Apple stock hit the $200 mark for the first time Wednesday.

The story says the bump coincides with rising investor confidence at the end of what has been a strong year for the company with the debut of the iPhone.

Read the full story via Yahoo, among other places: "Apple trades at $200 for first time"

[Andy kaufman]

Too hyped. A lot of those iPhone sales were for people who bought them to resell them after cracking them to work on any cell phone company and then selling them on eBay. After Apple turned them into bricks via its DRM update that got rid of the hack, a lot of those iPhones are basically useless. Besides Apple sold them at a loss, hoping that the Cingular/AT&T contracts would pay a nice profit.

What people really need to look at here are the Cingular/AT&T activations of iPhones numbers verses the actual numbers of iPhones sold. They will see that a lot of them haven't been activated yet. They may be in warehouses waiting to be sold or resold.

Once the Google GPhone with Android comes out in 2008/2009, it will cut into Apple's profits, as the GPhone costs twice as less as an iPhone, doesn't use DRM, and can be used with almost any cell phone carrier and can do twice as many things as an iPhone can.

[hoocares]

LOL, What people really need to look at here is andy the ms fangurl.

[MauiMac]

"Too hyped". Isn't that what people were saying at $50?...

[Renegade Knight]

2008 will prove a pivotal year for Apple. The market is theirs to lose but I'm not seeing a lot of activity from Apple that would let them keep pace with the innovations coming from their competitors.

[Andy kaufman]

Like I said the GPhone will blow away the iPhone at twice the features and half the price of an iPhone.

Macintosh Computer systems cannot keep up with the PC Makers, who also offer twice the features at half the price of a Macintosh. Is Mac OSX really worth paying twice as much as Vista, or three times as much as a Linux system?

Napster is really cutting into iTunes, and now NBC formed their own video web site called Hulu, and Sony has their own media store, etc.

People are finding out that the Sony PSP is a lot better media player than the iPod, bigger screen, plays PSP games, Wifi access, plus the PSP is more like a handheld computer sans the keyboard or touchscreen.

The AppleTV system also cannot compete with Tivo, Playstation 3, XBox 360, Wii, and other DVR systems out there that are cheaper, better, and have more storage capacity than the AppleTV does.

Apple might lose a lot in 2008, wait and see.

Vista sales will increase once Service Pack 1 fixes most Vista issues. Linux distros also have surprises ahead for 2008. Look for the new Amiga and AmigaOS 5.0 to come out in 2008 and beat Macintosh computers and sales, rumor has it the new AmigaOS 5.0 is Unix based (BSD Unix like Mac OSX is, or Linux based like Linspire is) and can run old AmigaOS 3.0 and above programs as well.

Apple might be forced to distribute Mac OSX to PC OEMs, just to get the price of Macintosh computers down to a reasonable price in an effort to gain more marketshare and sell more Apple branded software to make up for the losses in iPhone, iPod, AppleTV, and Macintosh computer sales.

[canberra_photographer]

Mac OS X is a solid performing and relatively secure (through luck and design) UNIX based OS which offers incredible value to end users who are prepared to pay a little extra for the hardware, which is very high quality too.

Vista SP1 will be 1GB, Vista at present performs up to 50% slower than XP for many programs including Photoshop, Premiere and other "creative" tools.

I think Windows will always rule the workplace where words are key and the finished products are spreadsheets, typed reports and the like.
But the future of creative work places and the home I belive lies with Apple.
Simple, Stylish and solid.

I have used Windows machines for years, but the variable quality of the many brands and he sloppy security and performance of Windows OS means I have now upgraded to an iMac. I love it so much, because it just works, that I am replacing 2 of my 3 remaining Windows machines. I'm keeping the XP laptop for my dog:)

[canberra_photographer]

Napster is almost bankrupt Andy.

[groink_hi]

Looks like Andy is pissed off for not buying into Apple stock when it was $25/share when the Wall Street Journal deemed the stock BAD. His messages are copies of the early 1990s. He just changed words like "Newton" to "iPhone". One thing I've learned over the years - NEVER trust a tech dork when choosing a tech company to invest in. After listening to people like Andy, you'll end up investing in something like AVON or Omaha Steaks.

[neuromajor]

Oh man, I love these fanboi debates, panties always get bunched up.

There are obvious reasons why Apple's stock has done well. Jobs is a brilliant CEO. There aren't many like him. Gates is brilliant except he's more or less out of MS and over in Africa battling malaria. And the Google guys are off mapping the moon.
Apple makes its own niche market.
G-Phone has a year to come out and will compete with RIM, not the iPhone. The iPhone will never be a RIM--it's just there to carve out a small niche for those that appreciate Apple innovation. And Apple doesn't have to sell a lot. Think about it, it smells fishy with Apple going to each mobile company in each country--who really knows what's going on behind those doors, but for certain you can be sure Apple's going to the bank each month.

And who the heck cares about iTunes--its just there to sell iPods--of which it was a stellar blowout holiday season. If someone stops piracy, then I'll care about Napster and NBC.
And it's always fun with the classic "PC's offer twice the value of a Mac" argument. They definitely do, but macs have more than twice the profit margins of PC's... we're still talking stock price?

The PSP is a bulky toy which sells fewer than it's counterpart from Nintendo (say good bye sony stock). My VGA PDA (640x480 vs PSP's 480 x 272) running windows mobile plays popular divx files nicely, but who really watches a whole movie on their portable? My iPhone's dedicated youtube app, on the other hand, plays 30 second clips with convenience that no other handheld can compete with.

Who cares about aTV, it was meant to be an experiment, not effect revenue.
Who cares about Vista--MS is so big, its about maintaining market share.
OSX to PC OEMs? Yeah right, that was the first thing Jobs shut down when he took over when apple's stock was worthless.

Face it, Apple's making big bucks.

[angelface3708]

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