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SVTPerformance's Chain of Restaurants
Road Side Pub
Interest rates hikes
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<blockquote data-quote="RedVenom48" data-source="post: 16029548" data-attributes="member: 166576"><p>Unless we are counting facebook's ability to harvest data and sell them as a commodity, or if Tesla can ever turn a profit, or snapchat comes out with an improvement to photo processing code or hardware then these tech stocks are absolutely inflated.</p><p></p><p>Apple is valued at $1,000,000,000,000..... and what exactly besides iphones, watches and macbooks do they sell that is worth a 1 trillion dollar valuation?</p><p>They don't produce their own chips, memory or hardware. A "computer company" with no fabs or clean rooms does what exactly? We know they can market the shit outta their phones , watches and macbooks. Other than that what makes them worth 1 TRILLION dollars?</p><p></p><p>intel? Makes bad ass processors, chipsets, SSDs, tons of other solutions for the computing world. Nvidia? Manufacturer of chipsets and the most advanced graphics processors on the planet. Probably one of the tech companies that will push past simple binary instructions.</p><p></p><p>Some in the tech sector earn their value. Some? Bloated and need a good correction.</p></blockquote><p></p>
[QUOTE="RedVenom48, post: 16029548, member: 166576"] Unless we are counting facebook's ability to harvest data and sell them as a commodity, or if Tesla can ever turn a profit, or snapchat comes out with an improvement to photo processing code or hardware then these tech stocks are absolutely inflated. Apple is valued at $1,000,000,000,000..... and what exactly besides iphones, watches and macbooks do they sell that is worth a 1 trillion dollar valuation? They don't produce their own chips, memory or hardware. A "computer company" with no fabs or clean rooms does what exactly? We know they can market the shit outta their phones , watches and macbooks. Other than that what makes them worth 1 TRILLION dollars? intel? Makes bad ass processors, chipsets, SSDs, tons of other solutions for the computing world. Nvidia? Manufacturer of chipsets and the most advanced graphics processors on the planet. Probably one of the tech companies that will push past simple binary instructions. Some in the tech sector earn their value. Some? Bloated and need a good correction. [/QUOTE]
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SVTPerformance's Chain of Restaurants
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