Wall street bias towards Apple/Jobs?

People have been asking this question about Apple Computers Inc. for over 30 years.

One answer is that they are a niche company, and always will be. Their P/E ratio is where it should be, and the price to sales ratio is appropriate, given their market position and growth possibilities.

Your Apple/Microsoft analysis is pretty contradictory...on the one hand you say Wall Street is purely into the money but yet you are implying there is some hidden agenda against Jobs....the only agenda Wall Street has is to make money....if the majority of the market players thought that Apple was undervalued there would be more buyers than sellers and therefore it would go up...since its going down right now, more feel that it is overvalued. Wall Street could care less about Gates and Jobs. And there's good reason why the stock has come down after the euphoria of the iPhone has died down. Apple's revenues from Mac sales late last year and their overall guidance for the first part of 2007 were well below analyst expectations. In addition, because the iPhone won't be available until June, analysts are concerned that many prospective iPod buyers will put off their purchase until June waiting for the iPhone which would hurt iPod sales numbers in the first half of the year. There's also the big question of exactly how much the iPhone will contribute to overall revenues since they are admittedly going after a very small segment of the cell phone market...then there's the question of how many competitive products with similar features and design will be rolled out between now and June by other cell phone makers (there really isn't much in the iPhone that isn't currently available or will be available from others in the near future at a much lower price)....then you have the question of how much iPhone sales will cannibalize iPod sales......So basically there's a lot of uncertainly with Apple right now which tends to push share prices down....maybe it's a buying opportunity but it may also be time to take a little off the table and lock in some profit.

I was wondering why it hasn't gone up much either today. I bought some 13 months ago at $83 and its the same price now. Of course Microsoft would be against Apple, but not enough people are giving the company credit. When ever something new comes out, the stock jumps up, but then it levels out some.

Wall Street is not preventing you from getting richer. People who buy and sell Apple are. Personally, I would not touch the stock. The company is a technology company and technology companies have a very bad habit of crapping out. At one time there was DEC. At another time Novel. At another Compaq. All history, but once all the darlings of Wall Street.

I certainly must give Jobs credit. He is one savy inovator.

it is just a matter of time

I remember when everybody is dumping Apple stock about 12 years ago!

In my state i imagine we ought to continuously all vote on what they are gonna use our funds for, this entire element is ridiculous, What honor gadget are you speaking about, not in this u . s ., we were ripped off by technique of grasping politicians for decades, it desires to end now!! Or all of us prefer to end paying taxes, that's unfair!! freaking commie socialists!! the best deal of them!