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chipguy

05/21/14 3:06 PM

#133800 RE: This Causes an Error #133797

Do you really want to call Apple a bubble when it is a cash-flow generating machine?

So was IBM for a decade or two. Then it went into a death spiral it
barely escaped from.

You really think a company that sells electronic fashion accessories
is immune to changing tastes or tides of business? Buy plans for a
perpetual motion machine lately?
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chipguy

05/21/14 3:16 PM

#133802 RE: This Causes an Error #133797

Nortel never actually made a profit

Bullshit. It was a well run company with a long history until
management thought it could grow faster with ridiculously
over-priced acquisitions.

*Cough*

https://ca.finance.yahoo.com/news/apple-close-buying-beats-3-002204730.html

SAN FRANCISCO (Reuters) - Apple Inc is close to paying a record $3.2 billion for Beats Electronics, two people with knowledge of the matter said, an expensive foray into music streaming and headphone gear that would mark a departure for the usually cash-conservative iPhone maker.