Quote:
Originally Posted by slapass
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?
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Couldn't disagree more, but I can appreciate your point. It's apples and oranges if you think about it. Your talkingabout a car that you use part of your daily lives versus apple products which are all throughout your daily lives. iPhone, iPod, iPad, Mac products, Apple TV, Apple Watch, Apple Music (beats by dre) and so on and so forth. They create a lifestyle with their products that is brilliant.
We all know how hush they are about revealing new products as well. I'm sure they have a few more products up their sleeves vs a car company redoing the mustang once again. It's true innovation vs regurgitation.
Just using ford as example obviously...