Sony could do with a
trip to the doctor
Overtaken by more innovative rivals such as Apple Inc and Samsung Electronics over the past decade, Sony posted a $2.1 billion net loss for October-December, normally a strong quarter boosted by year-end holiday sales..
In contrast Apple presents a picture of
robust health
Over the last 8 years Apple's revenue has grown from $6.6b in calendar 2003 to $128b in calendar 2011, a 19.4x increase, or an annualized compound rate of 45% per year.
Data Researcher Carl Howe
tweets
If Apple had Amazon's PE, it's stock would sell for $4,550 and its market cap would be $4.2 trillion (10x).
Iven Sosnoff speculates on whether
Apple could be the next Polaroid
iPhone sales, at 37 million came in 5 million units above consensus. As for the iPad, it hit 15.4 million units, some 25 percent above consensus. Earnings, naturally, beat quarterly projections by almost 50 percent. This makes Wall Street research models look like a child’s doodling.
Analysts dashed to their keyboards and snappily republished new earnings numbers, around $41 a share for calendar 2012. I could easily stretch this to $45, which puts Apple at 10 times earnings or what U.S. Steel might sell for in a good year...
