You certainly make the case for $XOM, but that Apple magic definitely needs to be factored in.
Apple fans are very passionate about the company and its products and that makes the stock worth a premium. Plus their products have outsold all expectations. I don't see this changing any time soon. It was a bit iffy after Jobs' departure but clearly the company has still got the "right stuff."
If I recall, at least part of the plan was to utilize the fact that many people in developing countries have no internet access or computers but do already have phones. What they don't have are data plans to access the internet on those phones.
Zuckerberg was partnering with cellular companies to provide free data plans limited to specific sites. The assumption being they'd get hooked and upgrade to more costly plans. But at least in the short term, it would give Facebook access to millions of more users.
Really interesting discussion. I too has been wondering where Facebook will continue getting users. But I recently read that Zuckerberg is planning to heavily invest in bringing the internet to the developing world.
The entire PR pitch was to make him sound like a philanthropist, but it was pretty obvious to me that it was to get more users to Facebook. There a huge market out there of untapped potential and once he gets them online, they are ripe for the picking.
I once completely faked my way through a consulting gig. It was the most money I ever made in my life up until that point. But throughout the order, I always felt like I was going to be "found-out." They seemed pleased with my work, but I either learned on the job, or BS'ed my way through. I was glad when the contract was finally over. Though the money was good, I took zero pride in my work, felt no job security, and was all around stressed out. Stick with what you know.
When I first found Dropbox, it completely changed my life or at least the way I worked and used computers in general. I was a longtime Dropbox user, but switched to Box when they offered 50gb of free storage to new users. It was an easy switch since Box works in exactly the same way. But this also made me realize that loyalty isn't too key for this product.
Being a Box fan, I was excited about the IPO, though admit I was wary of all the copycat cloud storage providers these days, including the major companies' like MSFT, AMZN, GOOG, etc. But more and more I'm seeing that this simply isn't a good investment.
You might want to check out David Trainer's recent article on Box, as he is clearly in agreement:
I have been a longtime Dropbox user, but switched to Box when they offered 50gb of free storage to new users. It was an easy switch since Box works in exactly the same way.
Being a Box fan, I was excited about the IPO, though admit I was wary of all the copycat cloud storage providers these days, including the major companies' like MSFT, AMZN, GOOG, etc. But this article has seriously raised my eyebrows. I'll be putting this stock on the back-burner, thanks.
While I think you that you are right on the money for the most part - during a tough economy people will spend more at less expensive venues. But that's where my agreement ends.
While I enjoyed your article, I think this is overly simplified. For one thing, as you admitted, this is not an Apples to Apples comparison. The simple act of eating at home vs/ eating in store creates a huge discrepancy in price. Wouldn't it be better to compare Chipotle to McDonalds or Taco Bell? And if so, why aren't those companies gaining more market share at a comparable rate?
Latest Comments
Should You Buy The Burger Bump?
You make excellent points, but I still believe $MCD has some life in it. I wouldn't abandon all hope just yet. I'll be watching the stock closely.
Interview Of Nevada Copper CEO & Founder - In Production Next Year, Largely De-Risked
Very informative, thanks.
Who Is Your Pick In The Super Bowl Of Stocks?
You certainly make the case for $XOM, but that Apple magic definitely needs to be factored in.
Apple fans are very passionate about the company and its products and that makes the stock worth a premium. Plus their products have outsold all expectations. I don't see this changing any time soon. It was a bit iffy after Jobs' departure but clearly the company has still got the "right stuff."
After Earnings: What’s Next For Facebook?
If I recall, at least part of the plan was to utilize the fact that many people in developing countries have no internet access or computers but do already have phones. What they don't have are data plans to access the internet on those phones.
Zuckerberg was partnering with cellular companies to provide free data plans limited to specific sites. The assumption being they'd get hooked and upgrade to more costly plans. But at least in the short term, it would give Facebook access to millions of more users.
After Earnings: What’s Next For Facebook?
Really interesting discussion. I too has been wondering where Facebook will continue getting users. But I recently read that Zuckerberg is planning to heavily invest in bringing the internet to the developing world.
The entire PR pitch was to make him sound like a philanthropist, but it was pretty obvious to me that it was to get more users to Facebook. There a huge market out there of untapped potential and once he gets them online, they are ripe for the picking.
How To Overcome Impostor Syndrome
I once completely faked my way through a consulting gig. It was the most money I ever made in my life up until that point. But throughout the order, I always felt like I was going to be "found-out." They seemed pleased with my work, but I either learned on the job, or BS'ed my way through. I was glad when the contract was finally over. Though the money was good, I took zero pride in my work, felt no job security, and was all around stressed out. Stick with what you know.
Don’t Buy Into Box’s Pre-IPO Hype
When I first found Dropbox, it completely changed my life or at least the way I worked and used computers in general. I was a longtime Dropbox user, but switched to Box when they offered 50gb of free storage to new users. It was an easy switch since Box works in exactly the same way. But this also made me realize that loyalty isn't too key for this product.
Being a Box fan, I was excited about the IPO, though admit I was wary of all the copycat cloud storage providers these days, including the major companies' like MSFT, AMZN, GOOG, etc. But more and more I'm seeing that this simply isn't a good investment.
You might want to check out David Trainer's recent article on Box, as he is clearly in agreement:
www.talkmarkets.com/.../this-ipo-belongs-back-in-the-tech-bubble
This IPO Belongs Back In The Tech Bubble
I have been a longtime Dropbox user, but switched to Box when they offered 50gb of free storage to new users. It was an easy switch since Box works in exactly the same way.
Being a Box fan, I was excited about the IPO, though admit I was wary of all the copycat cloud storage providers these days, including the major companies' like MSFT, AMZN, GOOG, etc. But this article has seriously raised my eyebrows. I'll be putting this stock on the back-burner, thanks.
Ruby Tuesday: The Stupid Simple Reason Chipotle Keeps Eating Their Lunch
Thanks for your reply, I'll concede your point which is a valid one. Thanks again.
Ruby Tuesday: The Stupid Simple Reason Chipotle Keeps Eating Their Lunch
While I think you that you are right on the money for the most part - during a tough economy people will spend more at less expensive venues. But that's where my agreement ends.
While I enjoyed your article, I think this is overly simplified. For one thing, as you admitted, this is not an Apples to Apples comparison. The simple act of eating at home vs/ eating in store creates a huge discrepancy in price. Wouldn't it be better to compare Chipotle to McDonalds or Taco Bell? And if so, why aren't those companies gaining more market share at a comparable rate?