The Secret of Apple's Success
Jun 20th 2012 8:07PM
Updated Jun 20th 2012 8:08PM
The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor David Meier discuss topics around the investing world.
Apple recently has its developers' conference, and it looks as if the big takeaway is that David Einhorn is right: Apple is a software company. CEO Tim Cook announced that Apple's app center has had more than 30 billion downloads and paid out more than $5 billion to developers. That shows the incredible power of Apple's network. Research In Motion, for example, is losing market share because it just can't offer anything close to what Apple can. In a network, lock-in is a critical stage, and that seems to be Apple's big secret. All of that great software content is what keeps people in the Apple network and is what will propel the company going forward. Apple's shares are still an attractive buy today.
If you're one of the thousands of investors riding Apple to spectacular gains, you're doing yourself a disservice by not looking across the whole variety of companies benefiting from the same trends that make Apple the most valuable company in the world. The Motley Fool has just released a free report on mobile called "The Next Trillion-Dollar Revolution" that details a hidden component play inside mobile phones that also is a leader in the exploding Chinese market. Inside the report, we not only describe why the mobile revolution will dwarf any other technology revolution seen before it, but we also name the company at the forefront of the trend. Hundreds of thousands have requested access to previous reports, and you can access this new report today by clicking here -- it's free.
The article The Secret of Apple's Success originally appeared on Fool.com.David Meier owns shares of Apple. John Reeves owns shares of Apple and Google. The Motley Fool owns shares of Apple, Google, and Microsoft. Motley Fool newsletter services recommend Apple, Google, Microsoft, and Nokia. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.