Apple's Stock Price Crosses $200 Mark to Reach New All-Time High

Stupid stock market, don't they know apple puts out nothing but crap products now?!?! where is their macrumor membership?

I respectfully beg to disagree. With a P/E ratio under 20, they are totally in rational investment territory. And they are a money-making machine, reliable and professional and forward thinking, without any games to prop up their stock price. If we were talking about Amazon, I would agree with you totally. Where else would you put your money and feel like you can sleep at night?

just goes to show that the reality is different from the doom and gloom of good old Macrumours.

Tbh this is just too much, they barely turn a dividend, the price is purely based on speculation and emotion...

If you want to bash Apple and its stock price, at least give a convincing reason. Please explain Google/Alphabet to me. The stock trades at a PE of 52. The stock pays NO dividend at all. Not only does Google pay no dividend but its shares have zero voting power. A few years ago, the founders put forward a proposal to create a dual stock structure with the common shares having NO voting rights. The founders basically told shareholders "we need to protect ourselves from you." Shareholders rewarded this blatant, unabashed, shameless one-fingered salute with an ever-expanding earnings multiple of 52.

If Apple's stock price is based purely on speculation and emotion, then help me understand what Google's stock price is based on.

Tbh this is just too much, they barely turn a dividend, the price is purely based on speculation and emotion...

Speculation and emotion???? Are you kidding?

The speculation that Apple is about to go out of business and the emotion of hate is what keeps AAPL down. It's trading at 18 P/E and it's only that high because of the recent run up.

If AAPL was treated like Google, it'd would have crossed $200 years ago.

just goes to show that the reality is different from the doom and gloom of good old Macrumours.

The doom and gloom refers to inconsistent product quality and Mac abandonment.

We're all pretty convinced about Apple's mega success. No illusions there, just disillusioned at how quality =/= success.