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derek zoolander has a cough
shorters are awarded big time
The day APPL misses estimates, there will be blood in the streets. APPL's P/E couldn't take such a thing.
AAPL has a 15x forward P/E. The historical average forward P/E is 14.7x.
AMZN forward P/E is 31x. I don't see your logic here.
PE numbers aside (and one can argue PE is basically a worthless number nowadays), I think he's referring to the fact that AAPL is an HFT darling and if AAPL goes south, SKYNET will take down everyone else as well.
Ok, well then I can understand that, but comparing AMZN (low margin 51x ttm P/E retailer) to AAPL (high margin 22x ttm P/E tech company) is a bit of a stretch. The numbers aren't there. I've hated AMZN for a long time and hope this stock finally dies. I just don't see why anyone would pay 51x ttm EPS or 31x ftm EPS for a Wal-Mart/eBay hybrid.
So . . the economy is completely reliant on idiots like this:
Good link. I laughed until it hurt.
You are correct and I was incorrect. I haven't looked at APPL P/E for awhile now. The comparison is nothing to do with fundamentals. Granted now that APPL has fabs, they have more value than AMZN by far. More of "just say'n".
True, but frankly it's not as if anyone should be surprised that Amazon's halo is fading. When you're a typical American gadgeteer who must choose between the Kindle and the iPad, the latter captures the imagination, while the former is merely competent.
That is apples vs oranges (like my comparison earlier). A Kindle does what it is supposed to very well. An iPad is a netbookwithout a keyboard, always has been targeted at netbooks. I do not know when the iPad got converted to an eReader competitor. If people are only using their iPad as an eReader, then they blew their money into the wind. Kindles were created for e(books, magazines, and newspapers), not surfing the net and playing games.
Apple's time will come as well. iPad is definitely in the fad category and major competition has emerged for iphone. Margins will be impacted on costs and competition. Once that happens, expect a chart similar to this one.
Thought so once, but not now. I'm watching it catch on with friends who are non-techy, never cared much for computers, but carry it around religiously now. And older people are finally finding something that computer-like but relatively transparent.
Indeed, Apple's success is due in large part because its products are transparent, almost as easy to use as a garage door opener.
And as to iPhone competition:
well if they could only run a stress test on Amazon then everything would be OK!!
Obviously this is the new business plan for Moodys et al - providing 'stress tests'. Same, same but different.
maria will now interrupt AMZN coverage to pitch the plunge in gold
hilarious. nasdaq drops from 5000 to 2000 but maria is worried about loss of momentum in gold.
"Derek Zoolander Center For Children Who Can't Read Kindle Good And Want To Learn To Go Long AMZN Stock"
I just placed this in my Office Word dictionary so I don't need to remember how to spell it as I steal it from Tyler. BTW, that chart's showing one hell of a drop. Ouch, that's gonna leave a mark.
a tyler classic - cant stop laughing
Waiting for the "Blue Steel" Kindle to take them to the next level.
So I take it Amazon didn't do the revised eps shuffle like some of the others?
They didn't do it quickly enough......obviously.
Gee, I was only a year ahead of things when I shorted it at 112.
There was a moment last night, when she was sandwiched between the two Finnish dwarves and the Maori tribesmen, where I thought, "Wow, I could really spend the rest of my life with this woman".
I just laughed milk out my nose (and I hadn't even had any milk)
This is what the public will see:
Amazon 2Q Profit Jumps 45 Percent: ABC News
Classic TD, thanks for the laugh
Wow - what a drop. Perhaps now a slow burn until the stock becomes a busted growth stock/value play.
Cramer liked Netflix too. Ouch.
Can someone see what's going on with Microsoft? Theres quite a party going on.
Been short since Feb at 118 .. rode this pig to 151 for goodness sake.
Markets are dreadfully inefficient. Not covering yet..waiting for the real bloodbath in valuaitions to come.
Why would I short AMZN when the economy is recovering Leo? ;-)
Uhhh, I think the chart was what some folks refer to as "supporting documentation." Sure looks like a short on the chart, anyway.
Yes, but I thought shorting AMZN would be heresy to Leo.
In the stock market, there are always winners and losers. This pig has to come down to earth.
Harmless gasoline fight gone wrong?
I fell asleep in my chair reading the Stressless Test II:European Boogie Nights review...Wha Happ'n!?!?
Is it just me or Cramer ads. began showing left and right at ZH with the legends: "Profit with Cramer!" and "Follow the expert"?
It's not just you. But you do know that ZH has nothing to do with the ads that are being placed by google right?
Btw, Cramer is the biggest POS DOUCHEBAG clown this world has ever seen.
That's not true. You can specify which ads you don't want to run with Adwords. It's easy. That's how you keep your competition's ads off your site.
I just meant that ZH does not place the ads themselves. Yes, you are correct that they can block it, but why would they even bother in this case?
Welcome to the wonderful world of ad bots. Brought to you by googleads.g.doubleclick.net.
It's amazing where your browser goes without most people knowing it.
Pam--when the ZH part of your avatar is in ascendence, then on one side, when the beard, the other side.
But don't worry "there is no correlation".
"when the moon is in the seventh house, and Jupiter aligns with Mars" neh
Amzn is a Widows and Orphans Stock. That means that anyone that Trades that stock ends up making their Wife an Children Widows an Orphans.
This chart just reminded me of the chef on (old school) Sesame Street who, right after the just-perfect presentation of his baked goodies, would wipe out down the stairs:
Don't own a Kindle (and have never seen a real life person reading one), but I still think AMZN is a great company. I buy a ton of stuff from them simply because their price, selection, convenience, and service are almost always better than B&M stores.
I've been using the pc version on the laptop, and enjoy more than I expected.
What is more impressive is that there is no shipping expense on any ebooks, and they are sellong more ebooks than real books. That has to be a big positive on the bottom line.
What's even better is Project Gutenberg . Thousands of ebooks, all free.
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