Steve Wozniak Believes Apple Shares Will Hit $1000

[acerace]

Nice picture of Wozniak. :lol:

 

[applegetsmelaid]

if you buy a product from another company it doesn't really do as much as one from Apple does.

Here is a contradictory statement from Mr. Woz:

http://www.tomsguide.com/us/Steve-Wozniak-Android-iPhone-iOS-Siri,news-13911.html

Stop listening to these goons.

 

[COLGeek]

Seriously? No thanks. Really not worth the investment unless you can afford 100s of these in your portfolio. I guess there is some value in "bragging rights" of ownership, but not much IMHO.

 

[redeemer]

The stock value is already nuts, however as long as Apple is able to innovate and stay a head of its competitors its stock will only grow. It looks to me the Microsoft with its Windows 8 ecosystem, will over take Apple and it iOS eventually. Apple stock will take a dive eventually but they will not be out of the game not by a long shot.

 

[mr_wobbles]

Apple is sucessful due to the sheepish minions, but look at it this way. Who do you know that owns an Android that is OBSESSIVELY wanting a iOS device/WP7 device, and ect? Not many, so Apple stock may increase but in Long-term it will top off until it crashes due to lack of their "innovation". As shin0bi272 said "Now remove the revolutionary product changes and who's going to be waiting in line for 3 months for the iPad 6s that's exactly like the iPad 5 but it weighs half an ounce less?" I fully agree and it will happen. Moore's law is still in effect, but soon it will top off and the real winners will be HP, Microsoft and the other Windows based systems/groups because they dont limit what is possible as much as Apple.

 

[del35]

I am by nature an observer and so feel comfortable observing the rise and fall of fads. Few places are as good for observe fads as a large city; I am fortunate to live in a fairly large city. My take on Apple is that its popularity could grow for a little while longer. But something is already observable, and that is that even homeless people here in New York City have Macbooks, not to mention a growing number of senior citizens and economically disadvantaged members of society.

You might ask why this is relevant? Lets go back and remember that one of the reasons for Apple's success is their advertising induced claim that it produces hip devices for "cool sophisticated" people, and that to use Apple products makes you look cool and sophisticated even if you are not, and that people as a result will look up to you. Well with growing numbers of disenfranchised people visibly embracing Apple devices, the billions of dollars marketing induced belief that Apple is a cool device is falling by the wayside very very fast. So I would say that Apple days are counted.

What will be longer lasting is the damage that Apple has unleashed on open standards in technology. So that very soon we will be likely forced into buying mediocre devices that cost a great deal more than they are worth, simply because manufactures want a bigger profitability and since Apple got away with it they will reason that so can they. We are already seeing that with some computer manufactures who think that it is more important to have a shiny device that look "good", but lacking in connectivity, and user serviceability as a consequence.

 

[del35]

Not sure about all tablets, but my Android 2.2 tablet is a nightmare to use. It makes my WP7 HTC Trophy feel like a supercomputer by comparison

And you want me to believe that you are not pushing for Apple with a plug like the Above. Let me actually contradict you and tell you that my roommate's experience with her iPad has been horrendous and that it doesn't compare favorably with how pleasant navigating with my android tablet has been for me. For example, unlike her I have no problems reading pages that have flash or Java content because android tablets support both flash and java.

I will add however, that my experience navigating using a laptop or my netbook is a lot more pleasant than navigating with a tablet, but this is something known.

 

[del35]

Word is the next Macbook refresh will include screens that are 2880x1800 in resolution

Honestly that kind of resolution is entirely unnecessary in a screen that small. And I also don't agree with your claim that 16:10 is a better ratio for a screen than 16:9. What justifies your strident claims? Further in all the years of talking to people I have never heard of them wishing they had Thunderbolt. Sadly, most people who opt not to buy Apple products can afford them. They just don't like Apple locked-down standards and the handmeyourwallet tactics that Apple employs.

 

[Maxor127]

[citation][nom]john_4[/nom]Wow, wish I would have had the insight to buy a bunch of shares several years ago.[/citation]
I took a business class 15 years ago when Apple bankruptcy rumors were always swirling and "bought" fake Apple shares, and my teacher laughed at me. I wish I really had. Instead I wasted my money on college.

 

[del35]

Wow, wish I would have had the insight to buy a bunch of shares several years ago.

I actually own the Apple stock. Owning a stock is about stock buyer's psychology and the judgement of how other stock buyers will react. I would however never buy an Apple product because I expect a lot more than Apple offers. I think people who flock to buy Apple products will eventually see that they are being taken for a ride. Then it will be very profitable to buy puts on the Apple stock, but we are still perhaps 1 year away from that. There is no question that as central banks around the world print more and more money to bailout banksters and other undesirables, stocks will rise and that under such circumstances it is best to be in stocks like Apple, but Apple's day is coming just like Netflix's day came.

 

[del35]

Instead I wasted my money on college.

Well, it probably wasn't that bad since you are now probably well informed enough to avoid Apple products. Look at the good side.

 

[livebriand]

Hmm... you can put 12V into a 3V LED, and it'll be very bright, but not for very long, and then it'll blow up. Apple can't dominate forever.

 

[del35]

Wow, wish I would have had the insight to buy a bunch of shares several years ago.

Yes, the power of ignorance is sometimes hard to grasp. Who was it that said: "ignorance is bliss"?

 

[del35]

Uh oh. They're trotting out people to pump the stock. Looks like it's time to get out!

Among stock traders there is a notion of pumping and dumping. You pump your stock in some media outlet by claiming how wonderful a given stock is, and then you dump it the that same day or at a later date as it rises. Because many media outlets have been having financial difficulties of late, they often pump stocks after going along or purchasing calls and other 3x leveraged instruments, then dump it a few days later thus greatly easing their financial strain. If you run a media outlet with sufficient readership you can do that very successfully.

 

[darkstar845]

What does $490 share mean?
I know alot about computers but know nothing about business.

 

[QEFX]

[citation][nom]darkstar845[/nom]What does $490 share mean?I know alot about computers but know nothing about business.[/citation]


Means somebody will pay $490 + fees (US$) for 1 / 932,370,000 th of the company.

I'm actually amazed that Apple is still making computers ... I would have bet they would have merged / de-powered them to the point that they are just "super tablets".

 

[v3nom777]

I have a love, hate, relationship with Apple. I dislike most of their products, but I don't want the company to go bankrupt. /END SERIOUSNESS

It's an American company, and it's nice to see them doing well and creating tons of jobs (Not talking about their slave labor either). Think about it, how many people make tons of cash replacing their shitty screens on the Ipod, Iphone, and Ipad?

Because of Apple, the people at the dump are also getting work from having to crush their discarded and super fragile screens. /END SARCASM

 

[del35]

"...I don't really follow stock markets"
Woz, you sound like an idiot. I love when people spew sh*te out of their ass without knowing the intricacies.

Sad that Woz is making these kinds of silly claims. Woz deserves a great deal of the credit currently given to Steve Jobs. I should add that I have heard similar claims about the Apple stock being made by Cody Willard in Marketwatch.com and that it is quite possible Woz is just spewing out the same lines, possibly hoping to collect a good windfall, and I certainly would not mind it given his proven philanthropic leanings, something than can't be said about the con-artist and propagandist Steve Jobs.

 

[del35]

Anyone who does know anything about the market will know that the shorters will show up in force and manipulate a mass sell off of the stock, causing a huge price drop.

I don't think the shorts will be the one that cause Apple stock to fall. What will likely cause it to fall is the mass realization that selling shiny overpriced drm infested mediocre hardware lacking connectivity and cross-platform support is hardly the way to go, especially if better and more open systems are available for a fraction of the cost. Just imagine the nightmare of surfing the web without Java and Flash support, something Apple forces its faithful happy-go-lucky Zombies to do DAILY! Indeed Apple success hinges on the technological ignorance of its gullible fanbase, something hardly sustainable as we move forward.

 

[Bloob]

It takes about 20 years for money to lose half it's value. Given that Apple's absolute value stays the same, 1000$ is possible. That said, I'm going to join the doubters.

 

[del35]

I have a love, hate, relationship with Apple. I dislike most of their products, but I don't want the company to go bankrupt.

I also don't want Apple to go bankrupt. What I would want Apple to do is embrace open standards in technology and improve the connectivity and user serviceability of their devices. Even their wild prices can be overlook. Apple's arrogant lockdown of technology is what infuriates a vast number of people. I certainly would have no issues with purchasing an Apple laptop and ditching entirely their operating system if that were legal, and installing my favorite operating system. No I dont want to dual boot!

 

[Guest]

I believe that since Apple (APPL) does not pay dividends, I would not invest. Basicily you are forcing your investors to hope that Capital Gains on the price of the stock will be such that you can make a profit after you sell, and after taxes. At least with dividends the Stock Holders could have recouped all or part of their
investment over the last 30 years. I am not referring to those employees originally paid by stock options.
But to regular investors. With Mr. Jobs gone, the Company Culture will eventually change to the point
they could become just another Electronics Sales company, a footnote in business history.

 

[roberto_nunez]

I think its all about generations. I have worked with a lot of people (aged 50+) that are very brilliant in what they do but have no clue how to use a computer. Maybe is fashion to own a mac but I think the main reason is growing so fast is that the iphone, ipad and macbook mainly appeals to those old dinosaurs that don't have the time to learn to use a computer and mac shouts, you don't have to!. Even with specs... they don't even need to now what RAM is, or CPU in fact mac sales are like "well this is the expensive laptop, this is the more expensive laptop... etc) you dont have to worry about ANYTHING else (and at 50+ you also have a work that can afford one for you and your sons). Maybe as soon as generations catch up and nearly everyone can use technology as easy as a fork apple is going to begin to become obsolete. So yes, apple with continue growing at least 10 years or the time it take windows to achieve hardware-software packages that work by themselves.

 

[DjEaZy]

Steve Wozniak Believes Apple Shares Will Hit $1000, because Window 8 Metro UI sux!!! More sales for OSX and iOS devices...

 

[pythy]

Well you know what they say: There's a sucker born every minute.....
So I guess they'll eventually reach it