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FB share price hit a low of $28.65, today.


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2012 May 29, 4:32am   17,467 views  48 comments

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28   clambo   2012 May 29, 11:12am  

I don't like Facebook, and I am a confirmed Apple fanboy and do not predict Apple's demise in my lifetime. The opposite is true.

29   thomas.wong1986   2012 May 29, 11:13am  

swebb says

How the parts are put together, the ID and the software make the difference. That's where Apple's value is, and that's what other companies have a hard time copying. If I sourced all the same parts as is in an iPhone and put them in a plastic bag, how much would you pay for it?

Apple doesnt put the parts together.. Asus does it for them. Design ?
Heck ! I would buy a flashy case too.. the rest anyone can put together a PC parts from Fry's...

Where was this bullshit when they lost market share and on the brink of bankruptcy in early 90s. I wasnt born yesterday.. been here for a long time.

30   RentingForHalfTheCost   2012 May 29, 11:27am  

Facebook and apple are overvalued. Facebook is worth about 10B if they get their business case in order and Apple has at most 2-3 years left of the cash cow they created with Jobs. After that, I wouldn't care to guess the state of Apple. Good luck to all investors. Better put a stop loss order in both these stocks if you are smart. Dividend stocks are the only things that makes sense in this environment. Go to Tahoe for gambling.

31   Bigsby   2012 May 29, 4:41pm  

thomas.wong1986 says

Where was this bullshit when they lost market share and on the brink of bankruptcy in early 90s. I wasnt born yesterday.. been here for a long time.

Then you must be well aware that they are a long way from the company they were back in the 90s.

32   mdovell   2012 May 29, 8:54pm  

Apple might have money...now but consider these

Once we get up to Iphone 10 or over what exactly is the point? Gains are marginal and meaningless. While it is true that software usually can only go so far commercials are showing Siri which is software..not hardware.

Android is going to be pretty interesting in a few years. It is based on Linux and Linus Torvalous basically said that he predicts that Android and some Linux distros will eventually merge.

If your Android phone looks like an Iphone then it might make sense for a distro to look like mac os (already has google mac4lin). Then the linux home users will be much more relevant. Once you can sync devices well that's it.

Apple or any other company cannot compete with a competitor that is free.Google is also wanting to get in so if you search something and get notified about android and a free way to try a linux distro well apple has limited time left.

The apple bubble under Jobs was nice but it is ending. The consumer does have a choice and they don't have to give up that "no virus" feeling. The majority of apple products are not made specifically for apple. Frog design designed the imac long ago and other companies make each individual part of apple's products. To be fair this goes for nearly everyone. Maybe apple would like to buy a OEM doen the line but the comes with some risk.

33   xenogear3   2012 May 29, 9:37pm  

Facebook and Lottery have one thing in common.
It creates thousands millionaires.

What is the problem here?

34   thomas.wong1986   2012 May 29, 11:14pm  

Bigsby says

Then you must be well aware that they are a long way from the company they were back in the 90s.

They tried to be different from others back then as they try today. They have of course a much better OS than most.. but thats just evolution.

As for Iphone and Ipad.. ah.. consumer toys.

35   thomas.wong1986   2012 May 29, 11:21pm  

xenogear3 says

Facebook and Lottery have one thing in common.
It creates thousands millionaires.

What is the problem here?

The problem is valuations of their stock.

But why bother buying their stock if all your doing is making someone else rich... might as well walk over to their HQ and write out $1000 checks to the 100 or so employees as they go to work..

Its your savings... just throw it at them...
Step up xenogear.. you can be the first one...

36   freak80   2012 May 30, 12:01am  

mdovell says

The apple bubble under Jobs was nice but it is ending.

It's hard to call Apple a "bubble" when their stock is trading at a multiple of 14. That's lower than that of Mcdonald's, for pete's sake.

That said, it's true that consumers are a fickle lot. I am amazed at the fierce loyalty to the Apple brand. Hey, they don't call it the "cult of Apple" for nothing. It's hard to say how long the "mojo" will last. I don't own AAPL because I don't understand it.

37   freak80   2012 May 30, 12:03am  

xenogear3 says

Facebook and Lottery have one thing in common.
It creates thousands millionaires.

Facebook creates millionaires? True, if you were SHORT with lots of leverage.

38   RentingForHalfTheCost   2012 May 30, 2:30am  

wthrfrk80 says

mdovell says

The apple bubble under Jobs was nice but it is ending.

It's hard to call Apple a "bubble" when their stock is trading at a multiple of 14. That's lower than that of Mcdonald's, for pete's sake.

That said, it's true that consumers are a fickle lot. I am amazed at the fierce loyalty to the Apple brand. Hey, they don't call it the "cult of Apple" for nothing. It's hard to say how long the "mojo" will last. I don't own AAPL because I don't understand it.

If you repatriate all the overseas earnings then we don't have a multiple of 14. More like 18. Remember, though, this multiple is not static. It can move quicker than you can blink an eye. The first quarter where Apple starts showing that the growth is abating will signal the beginning of the end. Apple will remain a great company, but it will never see a Trillion dollar market cap like many people are screaming. Microsoft couldn't do it, Cisco failed miserably, and Apple will have its place in the Museum of "It is different this time round". Like I said, add that stop loss or you will be sorry.

39   anonymous   2012 May 30, 2:51am  

wthrfrk80 says

I don't own AAPL because I don't understand it.

If you were a pro-computer user for the last 15 years and were there from the beginning then you would understand it very easily.

I am still shocked that people put up with PC's aka Windows. It's pathetic.

40   freak80   2012 May 30, 3:38am  

SubOink says

I am still shocked that people put up with PC's aka Windows. It's pathetic.

MS generally sucks, yes. But I must say I'm pleased with Windoze7 on my home PC.

Businesses put up with Windoze because of high "switching costs." It would be a huge hassle to switch over to Apple. It's a big enough hassle just to upgrade to the latest MS Office version.

41   bmwman91   2012 May 30, 3:47am  

SubOink says

If you were a pro-computer user for the last 15 years and were there from the beginning then you would understand it very easily.

I am still shocked that people put up with PC's aka Windows. It's pathetic.

LOL now you are just being silly. "Pathetic" is judging someone by the OS that they use lol. Windows and Mac users always spout this nonsense out about how the other OS is user-unfriendly or inhibits control too much. Frankly, I have never had a productivity issue on either one. Web browsing and light "soccer mom" usage can be accomplished on either with equal ease. When it comes down to real business / engineering computing, Windows wins hands-down simply because of software availability. Try running Pro/E in a VM...it sucks.

It USED to be true that video & photo editing was way better in the Mac OS because it had better software, but that is no longer the case since everything is available for both platforms. Anyway, I don't get the issues that Mac folks always say that Windows has. On Win7 I have not had a single blue screen crash since i switched ~3 years ago. Not a single virus, and I do not even HAVE anti-virus installed. The machine will still go from a cold boot to browsing in Chrome in 43 seconds (including the time to type in my password), and it is a Thinkpad from 2007. Yeah, most people are not as anal retentive about system maintenance as I am, but I spend maybe 10 minutes a month doing it. The people that have incessant virus & crash problems are people that have no idea what they are doing and download pirated content from sketchy sites without thinking about it.

Similarly, Windows users always complain that OSX doesn't allow you to control it enough. Well, it does, you just need to know where to look & how to use the terminal. OSX does have a smoother feel to it, and is more stylistically pleasing than Windows. I am not sure how people equate that to "more productive," but to each their own.

The OS I have had issues with is Linux, actually. It has proven unreliable each time that I tried to switch to it. I have tried a few times since I DO like the feel of it (when it is working). Driver support for older machines sucks, particularly in the graphics department, which is a total deal breaker. Yeah, I could write my own driver...uhhhh, no thanks.

43   Serpentor   2012 May 30, 4:07am  

SubOink says

wthrfrk80 says

I don't own AAPL because I don't understand it.

If you were a pro-computer user for the last 15 years and were there from the beginning then you would understand it very easily.

I am still shocked that people put up with PC's aka Windows. It's pathetic.

Its more pathetic to pay 2x the price for something with equal performance just so you can feel better about yourself and be associated with a particular brand.

Usability wise.. Windows have close the gap. I'm ambivalent on either companies since they both have questionable business tactics.

yes. Apple products in general have a slicker feel, but I'm not paying 2x for something that is still made in China. Itunes still sucks ballz

44   CrazyMan   2012 May 30, 4:09am  

Meh. I've been a unix/linux admin since 95 and I don't really use it on the desktop anymore; though I still mange a couple hundred on the server side (all in run level 3 btw).

I still don't see it as really viable on the desktop in a business environment (for small companies and for certain functions, sure). For home use? Depends on what you use the machine for. Browsing, mail, music, photos, sure, it works great. Regardless, linux has come a LONG ways since Yggdrasil plug in play Linux.

The Windows/OSX debate is not really useful. Windows has vastly more commercial and open source software written for it. Windows 7 and Windows 2008 both work quite well and are quite stable. Large Microsoft environments certainly have their challenges but it's much better than it used to be. OSX doesn't have this issue since their are no large deployments of OSX (nobody uses OSX en mass in a business environment, except for the IT guys, graphic designers, the CEO and the other wannabe execs that don't know shit to begin with). The server side market for OSX is non-existent.

Apple itself is mixed environment BTW (Linux, Windows and OSX).

45   Hysteresis   2012 May 30, 4:16am  

bmwman91 says

LOL now you are just being silly. "Pathetic" is judging someone by the OS that they use lol. Windows and Mac users always spout this nonsense out about how the other OS is user-unfriendly or inhibits control too much. Frankly, I have never had a productivity issue on either one. Web browsing and light "soccer mom" usage can be accomplished on either with equal ease. When it comes down to real business / engineering computing, Windows wins hands-down simply because of software availability. Try running Pro/E in a VM...it sucks.

it's about using the right tool(ie OS) for the job.

linux sucks as a desktop. can't be beat as a server or software development environment.
windows is best in a business environment because of its ubiquity.
os-x is awesome for personal/home use.

to say any one OS is "the best"; is kind of like saying the hammer is the best without saying what job it's best for.

46   Patrick   2012 May 30, 4:18am  

I work entirely on Linux, since I have my laptop set up just like the Patrick.net server. I test everything locally and then push it to the server and know for sure that it will run. Linux is really great for web development that way.

47   bubblesitter   2012 May 30, 4:21am  

CrazyMan says

Regardless, linux has come a LONG ways since Yggdrasil plug in play Linux.

Ubuntu+Fedora works for me.

48   bmwman91   2012 May 30, 6:14am  

Hysteresis says

to say any one OS is "the best"; is kind of like saying the hammer is the best without saying what job it's best for.

Very true.

I keep forgetting that a lot of people on here are web & software developers. Certainly, your needs are pretty different than mine as a MechE. There definitely is no "one size fits all" OS out there.

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