Originally Posted by revro
@Kineaesthatic: apple is a bubble, the are nothing they make nothing. foxconn does everything. what assets does apple have? those valuations mean nothing. the stock has tanked so it was one 600b corp. now its over 400. but this is just fiction. i flip you a house in my town for 10m and now they all are worth 10m and the town is worth 10b
just few sales can make crazy valuations. the same with stock. samsung is a large company that does a lot of things tv, memory, phones, home appliances and in korea probably even toilet paper. they are not just bubble. they have 10s of thousands of products. now there is a value in apple its just comparing market cap is nonsense as that doesnot reflect reality, just hype in case of apple.
Do you not understand what Market Capitalization means?
Definition from Investopedia:Market Capitalization: The total dollar market value of all of a company's outstanding shares. Market capitalization is calculated by multiplying a company's shares outstanding by the current market price of one share. The investment community uses this figure to determine a company's size, as opposed to sales or total asset figures.
Frequently referred to as "market cap."
Apple would need to lose an obscene amount of stock value to have a measureable impact on their market capitalization. And as of this post, they are up ~1.7% already today in trading and have been going up the past month. And they have yet to release Haswell iMacs, Haswell MBP, iPad refresh, iPhone refresh (or new one, who knows), OS X Mavericks, you name it.
They have a huge release schedule ahead of them in the next few months. Guess what investors like? New stuff.
Apple does far more than "just a few sales", so your analogy is pretty damn piss poor.
And Apple sells fewer products at higher margins, unlike Samsung who sells many products at much lower profit margins. Both lead to the same thing: Money. Apple's route just puts them far ahead of Samsung in value. Neither company is a "bubble" as you'd like to put it. Both co-exist with each other and rely on each other. Apple is one of Samsung's largest contracts, and both co-exist off each other. If you thought Apple was a bubble, wait until Apple pulls away from Samsung.
And Market capitalization is a very real value and isn't nonsense. Any person who has even bothered to give a damn about the stock market would know that. Yes, there are also other metrics that go into more depth of a company's worth, such as Enterprise Value (which includes debt, preferred stock, and whatnot) and Embedded Value (which is net asset value).
All metrics are real. And they do reflect reality. They do not however reflect the small world that you seem to be living in hating Apple.
And to cap it off, Apple creates products. Apple isn't just Foxconn (which funnily enough, they've actually switched to other fabs/factories for their work over Foxconn if you had actually kept up with the news). They are a company with their own products that they create. Welcome to a capitalistic society. One which you seem to not realize is around you.