Quote:
Originally Posted by poncabare
some $$ to be made? cmon dude, they make billions on every phone release in straight profit.
|
We might be talking about two different things here. Sure they will still make money for a while. But the premium they receive for being the "it" product is drying up. The huge growth as people discover them is gone. They have a 15 PE which means they need to grow at 15% and retain their high margins. This is what I don't think is possible. The smart phone is becoming a commodity. Ford makes tons of cash and has a 5 PE. They also are growing in emerging markets. Want to get excited over Ford stock?