<BLOCKQUOTE><font size="-1">quote:</font><HR>Of course, the millennium really starts next year, but why pick nits? Maybe because the writers or proofers know better (or could if they wanted to), but they just don't care. Every time some reporter proclaims, "Welcome to the new millennium," I translate it to, "Look at me! Stupidity is the norm."<HR></BLOCKQUOTE><BR>'Me' referring to DKE, no doubt, for whom stupidity is certainly the norm.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>Nineteen ninety-nine was a pretty good year for Apple.<HR></BLOCKQUOTE><BR>Esp. one certain G4 debacle. Yeah, I'd say that it was a pretty good year. And the failure to release a 'modern' OS.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>The company released some of the best and most innovative products in the industry -- and continued to make huge strides for users.<HR></BLOCKQUOTE><BR>'best' and 'most innovative' -- in your unbiased opinion, of course.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>Apple kept pushing the iMac forward.<HR></BLOCKQUOTE><BR>Playing 'catch up'.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>It introduced colors; reintroduced fanless (quieter) computers; and pushed for more power efficiency,<HR></BLOCKQUOTE><BR>Yippee. My 'leccy bill will be one pence less than it would otherwise be. I'm so happy.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>increased speed,<HR></BLOCKQUOTE><BR>To near-useful levels.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>graphics<HR></BLOCKQUOTE><BR>To last year's standard in the rest of the world. Gotta love that innovation.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>and better gaming.<HR></BLOCKQUOTE><BR>Better than what? Better than last year's iMac, yes. Better than a fucking C64? No. Better than a PC -- even last year's -- or a console? No.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>Apple continued the evolution away from anachronistic ports (such as old-style serial, ADB and SCSI)<HR></BLOCKQUOTE><BR>SCSI is anachronistic? In what respect? In the respect that it's still actively developed, becoming more advanced all the time, and is the only mid-price/high-throughput solution available?<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>to newer I/O options such as FireWire,<HR></BLOCKQUOTE><BR>AFAIK, 400 Mbit/sec FireWire predates U2W SCSI....<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>Universal Serial Bus<HR></BLOCKQUOTE><BR>More catch-up.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>and digital video<HR></BLOCKQUOTE><BR>WTF does this mean? Does this mean digital outputs suitable for use on LCD screens (which the iBook doesn't have, nor (AFAIK) the PowerBook or the iMac), or are you repeating 'FireWire' but calling it 'digital video'.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>across the product line. Apple added niceties such as front-loading CD and DVD drives,<HR></BLOCKQUOTE><BR>Nice to you, not to me, I cannot stand them, but (alas) will have to get a front-loading DVD drive, as Pioneer don't appear to sell tray-loading SCSI DVD-ROMs in the UK (anywhere?).<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>made the iMacs more expandable -- and totally redefined easy upgrading with the G3 and G4 enclosures.<HR></BLOCKQUOTE><BR>WTF? Evidently, you've never seen a Dell Dimension's minitower case. If that's not easy to open, I don't know what is. It's been like that for years, and only now have Apple caught up. More innovation, I guess.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>Apple even started a push toward wireless networking.<HR></BLOCKQUOTE><BR>LOL. Yeah, they started a push, but only if you choose to ignore the countless wireless networking devices that were available before the advent of AIRport.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>On the portable front, Apple promoted innovation with the brand-new iBook and venerable PowerBook. The iBook ushered in better design tradeoffs with lower cost,<HR></BLOCKQUOTE><BR>Better design tradeoffs with lower cost == such a bulky crappy looking case that you can't fit in a decent size screen, but still charging as if you'd put a usable monitor into the damn thing.<P>Lower cost *to Apple* maybe. To consumers? You've got to be shitting me.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>a built-in handle, battery life measure in many hours (6-plus?),<HR></BLOCKQUOTE><BR>Which is special in what way?<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>durability,<HR></BLOCKQUOTE><BR>Yet to be proven. I know that there's some concern about the durability of the latch, or lack thereof.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>styling<HR></BLOCKQUOTE><BR>Apple R&

"Hey, everyone, everybody likes toilet seats, so let's make a computer that looks like one!"<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>and simplicity in I/O.<HR></BLOCKQUOTE><BR>'simplicity' == removal. Want video out? Too fucking bad.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>Performance of Apple portables is still market-leading<HR></BLOCKQUOTE><BR>You missed a bit out -- "Performance of Apple portables is still market-leading within the market of 'All portable Apple computers'". Market leading in the market of 'All portable computers'? Not even close.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>-- and strong sales demonstrate that many people value the improvements Apple made.<HR></BLOCKQUOTE><BR>iBooks have sold reasonably well, for retail computers. How well have PowerBooks sold, may I ask? Last I heard, Apple couldn't shift 'em for love nor money. Too expensive, too slow, too old, too crap.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>Apple pushed hard in the OS area.<HR></BLOCKQUOTE><BR>Oooo -- OS 9.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>The company released a major update to Mac OS 8, then a minor update, then it released Mac OS 9. Mac OS 9 introduced multi-user support -- a feature in Unix and bigger systems but hitherto unavailable to mainstream PC users.<HR></BLOCKQUOTE><BR>Uh -- Windows 98? Windows NT? Bonehead?<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>OS 9 also brought back the Keychain: A great idea that died with the ill-fated PowerTalk has been reincarnated and improved.<HR></BLOCKQUOTE><BR>Out of interest, what precisely does the keychain do that my .pwl files don't (I've not been able to quite work that out, yet).<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>Most important may be automatic Net-based upgrading; while a little immature, this capability will be a fundamental part of future OS enhancements.<HR></BLOCKQUOTE><BR>Windows Update for Macintosh? w00t. How innovative.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>Amid all this progress,<HR></BLOCKQUOTE><BR>Only within the market of 'Apple computers'. It's very shoddy when compared to PCs.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>Apple only went backward<HR></BLOCKQUOTE><BR>You said it, bud. They're running full tilt, just to go backwards less quickly. Not good.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>(or sideways) in a very select few areas, such as the interfaces on QuickTime and Sherlock. Below the surface, however, QuickTime advanced multimedia with integration of streaming,<HR></BLOCKQUOTE><BR>Which has been present for yonks in WMP and RealPlayer -- and actually works worth a damn in them.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>and Sherlock integrated Internet searching into the user experience.<HR></BLOCKQUOTE><BR>Wow. Just like IE. Just like Start...Find...On The Internet. Thereby integrating Internet searching into the user experience. How novel.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>Apple continued its work on Mac OS X, releasing OS X Server<HR></BLOCKQUOTE><BR>Which by all accounts is universally hated.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>and shipping an early developer release of the client version. Many new technologies to speed the transition to the new platform have been released or announced.<HR></BLOCKQUOTE><BR>Like...?<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>OS improvements weren't limited to customer features; they also included enhanced developer features and better marketing,<HR></BLOCKQUOTE><BR>Well, you're half way there -- better marketing is certainly true. 'Better' in that it has bigger lies than anyone else's.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>both of which should help generate more Mac products. Apple was able to shut down most of its security leaks and surprise the industry few times (for the good of all).<HR></BLOCKQUOTE><BR>e.g. Lack of new hardware at MWSF, the G4 debacle.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>At times, the concern with security went too far; developers are getting a tad frustrated with the new "closed" Apple.<BR>Overall, however, the marketing and health of the platform is vigorous and lucrative. Apple products are everywhere: in commercials, hidden in movies and TV shows, and in other companies' commercials<HR></BLOCKQUOTE><BR>But not on peoples' desks.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>-- and when you start looking at what you get from Apple's products in terms of features per dollar, the Macs are just fantastic.<HR></BLOCKQUOTE><BR>Compared to what?<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>Apple analysis<BR>I'm not a financial analyst, nor do I play one in a magazine. But I can observe some basics -- such as the fact that Apple's stock tripled from the $30 range to the low triple digits per share -- and I think I can safely say that next year should be pretty good as well.<HR></BLOCKQUOTE><BR>And? Linux and Internet shares also have a huge value, but they're in no way indicative of the performance (or financial well-being) of their companies.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>My reasoning? The optimistic view that reason eventually wins out over hype.<HR></BLOCKQUOTE><BR>So OS X will flop and Win2K will prevail. Hurrah.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>With that perspective in mind, let's compare Apple to another computer hardware company -- Dell.<HR></BLOCKQUOTE><BR>So on the one hand, we have Apple (with their monopoly) who have devoted users (some might say zealots) and can charge whatever they like, and on the other hand, we have Dell, who participate in a intensely competitive market.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>Apple has a market valuation of $16 billion (the value of outstanding stock)<HR></BLOCKQUOTE><BR>Fucking irrelevent to anything, c.f. Linux + Internet companies' ridiculous market valuations.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>on yearly sales of more than $6 billion, and it's been running more than $600 million a year in profit. Earnings per share are about $3.61, and the price-earnings ratio is running around 27 to 1. Apple has about 7,000 employees, and a return on sales of around 10 percent.<P>Dell's market evaluation is $133 billion. Dell is running about $18 billion per year in sales (three times Apple), but Dell only has a little more than double the profits. Dell has a return on sales of around 8 percent (2 percent lower than Apple's). If we were to assume that market valuation (stock price) was related to either total sales or profits,<HR></BLOCKQUOTE><BR>But we <B>know</B> that that is <B>rarely</B> the case with hi-tech companies. Why make the assumption. ASS-U-ME?<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>then Apple's stock valuation should be at least one-third to one-half Dell's. That means Apple should be at about $44 to $66 billion -- or about $300 to $450 per share. Considering Apple's margins are better, Apple's stock should be higher still, and the current rates are still a bargain.<P>Stock value isn't just about sales and profits;<HR></BLOCKQUOTE><BR>Or even, in the hi-tech industry, anything to do with sales or profits.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>there are many other factors. Earning per share is another indicator. Apple's shares are earning about $3.61 each, while Dell's shares are earning about $0.53. For each dollar you put into Apple, you get about seven times the money returned (in earnings). By that metric, Apple should be selling for about 7 times what it is to be even with Dell (or about $700 per share for Apple). Still seems like Apple stock is a bargain.<HR></BLOCKQUOTE><BR>But that gives no indication as to the well-being of the company. It just means that they have overvalued stock. IMO, that's a bad thing.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>Another indicator of health is how much money you make and how few employees it takes to make that money.<HR></BLOCKQUOTE><BR>Since when?<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>Remember, employees are assets to a company in that they help it get its job done<HR></BLOCKQUOTE><BR>So, ah, technically, they ain't 'assets' at all, unless you have good ol' slave labour.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>-- but they are a liability when it comes to costs, payroll and so on. Companies that make the most money with the fewest employees are often better investments.<HR></BLOCKQUOTE><BR>Does that mean that they're healthy companies? Of course it fucking doesn't.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>Apple has about 7,000 employees on $600 million in profits -- or about $86,000 in revenue per employee. Dell's 24,000 employees on $1.4 billion in profits is only about $58,000 in revenue per employee. So Apple employees either work harder or smarter, or the company is just run better.<HR></BLOCKQUOTE><BR>Or they're in an uncompetitive market and hence able to overcharge their clients, and that they're clients are willing to be taken for a ride like that. And let's not forget, Dell spends a fair bit of money on such things as *technical support*, that Apple simply don't bother with ( View image: http://forum.arstechnica.com/forum/ubb/tongue.gif -- of course, they do, but not that's worth a damn).<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>This implies that Apple should not only be trading at roughly the same level ($500 per share) but far more, since it is a better company.<HR></BLOCKQUOTE><BR>Better than what? Better than Dell? Heh.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>Of course there are myriad other indicators for what a company is worth: growth, market health, assets and liabilities, back inventory and so on. Apple didn't do great on total income growth -- the company has eliminated sales of lots of peripherals, software products and other wares -- and they cut the cost of many products, reducing the total income as well. But cutting out chaff is often a good thing; the actual growth in areas where Apple is selling products has gone up, and the volume of sales has risen dramatically. Almost every other indicator seems to demonstrate that Apple is still considerably undervalued.<HR></BLOCKQUOTE><BR>Shurely shome mishtake? s/undervalued/overvalued.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>Dell is just another PC clone maker in a fickle industry that buys the cheapest (not best) product.<HR></BLOCKQUOTE><BR>By extension, I suppose that expensive == good and that (cheap && good) is mutually exclusive. Dell make the (IMO, of course, but all these things are) best PCs for most people. Apple don't make the best computers for anyone.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>There is brand recognition and some loyalty,<HR></BLOCKQUOTE><BR>Not like Apple loyalty there ain't. I'm not aware of any Michael Dell RDF.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>but there are problems as well, and the whole PC clone industry will sell its soul to save $0.50. Dell is hanging onto its position rather tenuously<HR></BLOCKQUOTE><BR>S'funny, if I look at their past performance, I don't get that impression at all.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>in an oversaturated market (judging by the number of PC makers that shut their doors each year).<HR></BLOCKQUOTE><BR>And look at the number of start-up PC makers that open their doors each year -- a certain level of 'turnover' of companies is to be expected and is *healthy*. Look what Apple did when it allowed other Apple-makers to open their doors.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>Apple, on the other hand is a leader in its own market<HR></BLOCKQUOTE><BR>Well duh. Of course, when they allowed other companies into that same market, things were rather different for them, weren't they.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>-- and Mac buyers buy based on value, not just cost.<HR></BLOCKQUOTE><BR>Bwa ha ha. Mac buyers buy Macs because of the RDF. They are told -- they tell themselves -- that Macs are better than 'Wintel' 'PeeCees'. And they actually believe it.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>Apple has some of the highest brand loyalty and recognition around. Apple's customers are far less likely to leave the Mac because the environment is superior<HR></BLOCKQUOTE><BR>Only if you like watching computers boot up the whole time.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>and the products are higher-quality.<HR></BLOCKQUOTE><BR>Since when? Crap software + over priced, under powered, unexpandable hardware + crap tech support != high quality, IME.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>The only big erosions away from the Mac was when the press was scaring customers with tales of doom and gloom.<HR></BLOCKQUOTE><BR>== broken RDF machine.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>Now that Apple is seen as secure,<HR></BLOCKQUOTE><BR>== fixed RDF machine.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>the momentum of Mac platform growth will continue -- and accelerate.<HR></BLOCKQUOTE><BR>Just as it hasn't done over the past 1.5 years.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>When you look further into the future, you see the PC industry trying to move from the current PC architecture to either a true RISC chip (like Merced or Itanium)<HR></BLOCKQUOTE><BR>ROTFLMAO. They're the <B>SAME</B>, retard. And frankly, as my RISC/CISC hybrid processor is faster than your RISC/CISC hybrid processor, I don't give a shit about its design motivations.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>or to a redesign of the current platform that includes all sorts of "platform" specifications.<HR></BLOCKQUOTE><BR>What?<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>PCs have an OS that is in serious transition trying to get off the foundation of DOS.<HR></BLOCKQUOTE><BR>LOL.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>Win98 was a half step;<HR></BLOCKQUOTE><BR>LOL.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>Windows 2000, another partial step.<HR></BLOCKQUOTE><BR>OMFG. Does this guy know anything? Win2K -- just like NT 4, NT 3.51, NT 3.5, and NT 3.1 -- has *no* foundations on DOS *whatsoever*. The closest they come to DOS is when they *emulate* it inside a *virtual machine*.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>But the market is paralyzed by Microsoft's incompetence, and people are catching onto -- and growing tired of -- getting locked into Microsoft's proprietary products.<HR></BLOCKQUOTE><BR>And Apple's proprietary products are better are they? Oh wait -- you can't even get them yet.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>The market is being broken open with new solutions. Linux is making a dent in the PC server area; Java is a way to create more platform independence;<HR></BLOCKQUOTE><BR>Snigger. At the expense of speed and platform independence it is, yeah.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>and even vertical computing appliances such as Pilots, game consoles and WebTV all show that the industry is willing to accept computing devices that aren't just PCs.<HR></BLOCKQUOTE><BR>But the contrasting lack of widespread uptake of Macs shows that they're not willing to replace their *computers* with Macs.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>Users are feeling less constrained by IBM-compatible PCs and OSes, and this fact bodes well for Apple and the industry at large,<HR></BLOCKQUOTE><BR>Apple make PC-type computers, and PC-type computers *only*. ATM they have no information appliances, no palmtop computers, no consoles, no nothing like that. Unlike (say) MS, who are actively developing in those areas.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>including players such as Sun and IBM.<HR></BLOCKQUOTE><BR>We're gonna have Network Computers over my dead body. When I can pick up a PC for ?400, there's no way on earth that I'm gonna get an NC.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>It's less auspicious for PC companies such as Dell. Companies are feeling some real pain when it comes to NT and the pay-for-fix<HR></BLOCKQUOTE><BR>When was the last time I paid for an SP?<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>and continuous upgrades required<HR></BLOCKQUOTE><BR>MacOS 8, 8.1, 8.5, 8.6.... No continuous upgrades on Mac?<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>-- and they're realizing that some of the so-called "proprietary" solutions are as open as the supposedly open PC.<HR></BLOCKQUOTE><BR>Such as? Well, one notable company not included in any such list would be Apple.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>The rosy glow of "no one got fired for buying Microsoft" is wearing off.<HR></BLOCKQUOTE><BR>Heh.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>Then there is the possibility that Microsoft will be broken up in the wake of the Department of Justice's antitrust case against it.<HR></BLOCKQUOTE><BR>There's a possibility that monkeys might fly out my butt. Doesn't mean it'll happen, though.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>That prospect would mean more choices for the industry<HR></BLOCKQUOTE><BR>No, it wouldn't. It would mean that people would buy their OS from 'MS OS division' and their copy of Office from 'MS App division'.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>and additional opportunities for companies such Apple.<HR></BLOCKQUOTE><BR>'MS App division' would be allowed to drop their support for MacOS, and MacOS would be severely damaged as a consequence.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>Any way you slice it, Apple is going into 2000 with more opportunities for growth than those available to your garden-variety clone maker.<HR></BLOCKQUOTE><BR>Who cares about a monopoly growing even bigger, at the expense of innovation and variety? Not me. Fuckings to Apple.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>It seems to me that Apple could easily double or triple in value this year and still be dramatically undervalued compared with the rest of the PC industry.<HR></BLOCKQUOTE><BR>Double and triple in value, perhaps. Whether that's an indicator of true worth is rather up for debate.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>Furthermore, that's the least exciting way to look at Apple's potential.<HR></BLOCKQUOTE><BR>Yeah. If the company were to just fuck off and die, we would have new and improved ways of teasing Mac Zealots -- that would be far more exciting.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>If you were to break Apple up into a few companies and evaluate those parts, Apple could be valued dozens or hundreds of times higher than it is today.<HR></BLOCKQUOTE><BR>Apple hardware division would have approximately the same value, Apple OS division would be worth next to nothing.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>Judging from current Internet standards, Apple.com would probably be valued higher than the whole of Apple currently is.<HR></BLOCKQUOTE><BR>But that doesn't mean that it's successful or gonna stick around for long.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>QuickTime and QuickTimeTV should be valued as much as Real Networks alone (if not more)<HR></BLOCKQUOTE><BR>Less, because RealNetworks at least make a product that actually works at streaming video/audio, when QT is just plain awful.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>-- that would just about double Apple's valuation for that segment alone -- and if the whole company was evaluated on that scale, Apple would surpass Microsoft on total valuation (and many thousands of dollars per share).<HR></BLOCKQUOTE><BR>And then if you split MS up and valued it it would be worth even more. And if you split me up I might turn into lots of little PeterBs all writing mammoth posts on various UBB sites.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>Apple's pursuit of new Internet arenas looks to make it a serious player.<HR></BLOCKQUOTE><BR>'New' arenas == providing a free e-mail facility for Americans and Canadians above the age of 18 using MacOS 9.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>You can't really measure one company's value by another's.<HR></BLOCKQUOTE><BR>Which must be why you've tried to do just that.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>The sad truth is on Wall Street, reason doesn't always win out (at least not in the short term), and sometimes insanity is the norm.<HR></BLOCKQUOTE><BR>e.g. massive overvaluations of RedHat, Apple, AOL, et al..<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>You need only look at the ridiculous overvaluation of a few Internet stocks.<HR></BLOCKQUOTE><BR>And Apple! Don't forget Apple!<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>The perception is that all Internet stocks are doing well; the reality is that a few are grotesquely overvalued, and most are ignored. Hype, perception and rumor<HR></BLOCKQUOTE><BR>RDF?<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>all factor in -- short term -- but eventually, the market undergoes corrections. I think the threefold growth of Apple's stock this last year is just the beginning of that correction.<HR></BLOCKQUOTE><BR>No, it's just awaiting that correction.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>As someone who owns a few shares of Apple stock, I hope the positive correction<HR></BLOCKQUOTE><BR>Positive 'correction'? You're fucked up. <P> <BLOCKQUOTE><font size="-1">quote:</font><HR>continues its trend for another year or two and brings Apple up to a more logical and reasonable valuation.<HR></BLOCKQUOTE><BR>Yeah, and then I'd like to see Dell, Microsoft, et al., be similarly 'reasonably' valued -- they'd be worth more than Apple.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>Apple is doing a fantastic job on what it can control.<HR></BLOCKQUOTE><BR>The entire Mac market.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>There are a few annoyances and frustrations, of course -- but the company's products are the best ever,<HR></BLOCKQUOTE><BR>Oh wow. I can have a 450 MHz G4. Or a twin PIII-800 overclocked to something ridiculous with a GeForce Quadra running Win2K or BeOS or something like that. Hmm. Doesn't really make the G4 look like 'best ever'. Of course, the 'best ever' Apple product (G4-500) is somewhat hard to buy, isn't it?<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>its marketing is much better,<HR></BLOCKQUOTE><BR>Necessarily. Otherwise no-one at all would buy them. RDFs aren't free, you know.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>its public relations operation is much improved,<HR></BLOCKQUOTE><BR>But their customer relationships still suck compared to those of any big PC vendor.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>and Apple continues to move forward.<HR></BLOCKQUOTE><BR>Relative to Apple, yeah, relative to the computer industry, no way in hell.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>And this whole past year was just a windup for the punches to be delivered this year. Apple will deliver OS X;<HR></BLOCKQUOTE><BR>I'll believe _that_ when I see it. And just more catch-up.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>it's also likely to have multiprocessing,<HR></BLOCKQUOTE><BR>Which is how far behind PCs? And how much will it cost?<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>which will empower even more OS growth and application features.<HR></BLOCKQUOTE><BR>SMP makes fuck all difference for your average consumer. Also, why would someone pick OS X to benefit from SMP when there are tried and proved solutions from many other vendors?<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>There are some huge improvements due for the processors,<HR></BLOCKQUOTE><BR>And God knows, they need them.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>memory bus,<HR></BLOCKQUOTE><BR>And God knows, they need them.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>graphics,<HR></BLOCKQUOTE><BR>And God knows, they need them.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>sound<HR></BLOCKQUOTE><BR>And God knows, they need them.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>and styling.<HR></BLOCKQUOTE><BR>And God knows, they need them.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>The products are continuing to drop in price,<HR></BLOCKQUOTE><BR>To near-reasonable levels.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>they are more open<HR></BLOCKQUOTE><BR>How many Apple clones are there currently available to buy?<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>and compatible than ever,<HR></BLOCKQUOTE><BR>Whoa -- you mean, Macs have solved their reliance on resource forks? New to me.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>and they are delivering more and more useful features and performance.<HR></BLOCKQUOTE><BR>Oooh. It's a supercomputer. That won't make your games or wordprocessing go any faster, but it's nice to have. huh?<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>If we see as much progress this year as we've seen last year, things will be incredible!<HR></BLOCKQUOTE><BR>Yep, PCs will probably be at quad 2 GHz machines as standard by about 2001.... Kewl.<P> <BLOCKQUOTE><font size="-1">quote:</font><HR>I think I'm going to have a very happy year, I certainly expect that Apple will, and I wish everyone else the same.<HR></BLOCKQUOTE><BR>Why don't you just fuck off?<BR>