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Google Passes Exxon to Become Second-Most Valuable U.S. Company

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Re: Google Passes Exxon to Become Second-Most Valuable U.S. Company

#141

Post by hangonhn »

valtih1978 wrote: post #140
hangonhn wrote: post #42

Earlier quoted context omitted.

Not it doesn't all go into your car. It goes into manufacturing. It goes into farming, fertilizers are often oil based. It goes into the chemical industry. It also goes into generating power for electricity. How do you think the gadgets manufactured in China gets to the US? On ships powered by oil. When you fly on a plane, what do you think powers those engines?

> It goes into manufacturing. That is a good manipulation. I do not think that this is a joke becaus you must know that the major manufacturer is the China yet the major oil conumers are Europe and US, http://en.wikipedia.org/wiki/List_of_countries_by_oil_consum... . The consumers consume 15 times more oil per capita than average chaneese (and 3 times more in absolute figures). So, you do not need the oil to produce.…

Wow.

So you watch a YouTube video and thinks you know everything about oil.

Try reading Yergin's "The Prize", which won the Pulitzer Prize award.

http://www.amazon.com/Prize-Epic-Quest-Money-Power-ebook/dp/...

and also try reading the Quest by him as well.

"That is a good manipulation. I do not think that this is a joke becaus you must know that the major manufacturer is the China yet the major oil conumers are Europe and US, http://en.wikipedia.org/wiki/List_of_countries_by_oil_consum.... The consumers consume 15 times more oil per capita than average chaneese (and 3 times more in absolute figures). So, you do not need the oil to produce. You need it to consume."

You're the one doing "manipulation". You made the bold statement that "ALL" of it goes into cars and I point out to you that not "ALL" of it goes into vehicle, which is backed up by the link you cited. http://www.thedailygreen.com/environmental-news/latest/oil-i... . Do you realize that your link actually supports my claims?

I can stop here because either you don't understand the meaning of "all" or have some kind of weird grudge against the western world.

Re: Google Passes Exxon to Become Second-Most Valuable U.S. Company

#142

Post by Steko »

boomzilla wrote: post #126
Steko wrote: post #101

Earlier quoted context omitted.

The idea that revenue from Apple lines quickly fades after 2 years doesn't seem to square with history. Desktops growing for over a decade, finally fading due to laptop cannibalization. Laptops growing for over a decade, perhaps stable now and fading in the future due to tablet cannibalization. Music player grew for better part of a decade until heavily cannibalized by phone. Phone still growing 7 years after introdu…

I get what you are saying. My point is that even in the same product line, e.g. phones/tablets, there is no guarantee that Apple will be able to sell the same number of iphones/ipads in a few years. Case in point: http://en.wikipedia.org/wiki/BlackBerry_Ltd#Financials BB was growing like crazy for the whole decade till 2011, consistently ~40% year over year both in revenue/profit AND users. Just a dink in 2012, and k…

This objection should presumably apply to many other tech stocks but the entire sector averages a P/E ratio of 20-30.

Re: Google Passes Exxon to Become Second-Most Valuable U.S. Company

#143

Post by sliverstorm »

bad_user wrote: post #112
throwaway_yy2Di wrote: post #48

Yet it's so small : XOM ('12) GOOG ('13) Revenue $453 B/a $60 B/a Profit $45 B/a $13 B/a Market cap $393 B $394 B https://en.wikipedia.org/wiki/Google https://en.wikipedia.org/wiki/ExxonMobil (101 for anyone who doesn't know this: revenue is how much you sell, profit is what's left over for shareholders, market cap is how much shareholders think that profit stream is worth). Relevant: check out wikipedia's rankings o…

That's not so bad. The difference in my mind is that Exxon is making money from natural resources that are not renewable and the cost for extracting oil is on the rise. If they don't reinvent themselves, they'll die. Google on the other hand is making money out of software. Software is the artifact of our own mind. So the way I see it - for companies such as Google or Apple, the sky is the limit. For Exxon, unless th…

Google needs to reinvent itself too, perhaps even more & faster than XOM. The industry moves too fast for them to sit still for more than a couple years, while XOM has got decades to figure things out.

Re: Google Passes Exxon to Become Second-Most Valuable U.S. Company

#144

Post by sliverstorm »

tedsanders wrote: post #94
ihaveajob wrote: post #83

Earlier quoted context omitted.

I'm not sure that is a correct line of logic. Often, companies pump their stock prices by handing over dividends. That's a sign of a mature company, which can't expect to grow much, but is still valuable to its shareholders if it can provide results in any other way.

No, if the company pays out dividends, its price ought to fall. For example if a stock is at $100, and then pays out $5 in dividends, afterward the price will be $95. The company is worth less after giving away a pile of its cash.

Not quite. Future profits have value, and a company paying dividends probably has good future profit prospects. So the value will be somewhere between $100 and $95, depending on expected profits and the time value of money.

Re: Google Passes Exxon to Become Second-Most Valuable U.S. Company

#145

Post by sliverstorm »

3pt14159 wrote: post #137
valtih1978 wrote: post #120

Earlier quoted context omitted.

More efficient? Are you on drugs?

In fact electricity driving cars is so much more efficient that you could burn gas in power plants and it would still outpace crude internal combustion engines.

That's mostly the difference between large, highly efficient internal combustion engines, and the small, less efficient but extremely portable, performat, and actually-obscenely-sophisticated internal combustion engines in cars.

Electricity is simply efficient-enough of a transmission medium that it does not eat up all of the savings.

Re: Google Passes Exxon to Become Second-Most Valuable U.S. Company

#146

Post by WildUtah »

JonFish85 wrote: post #80
hawkharris wrote: post #76

Earlier quoted context omitted.

Exxon Mobil invests more money in alternative energy research than any other organization in the world.

Exxon Mobil isn't going anywhere. As oil-usage decreases (which is still likely a long ways off), I'm sure they'll be right there to provide whatever the next energy source is.

Actually worldwide oil usage peaked in 2005 and has been gyrating around that level ever since. About half the months since then have seen decreases and half increases, so it's not a long way off. It's almost a decade ago.

Eventually heroic measures will start to fail and usage will be dropping every month for the next century as the oil fields slowly dry up.

Re: Google Passes Exxon to Become Second-Most Valuable U.S. Company

#147

Post by lutusp »

corresation wrote: post #108
lutusp wrote: post #57

Earlier quoted context omitted.

> By that analysis, Google "left the station" in what, 2005? By that analysis, Google has most likely experienced the majority of its growth, and its current price reflects not only its actual value but the psychology of investors who try to buy into companies that are already successful, expecting that future returns will reflect past performance (the single most common investor mistake). > Buffet looks for companie…

EDIT: Given that lutusp is bizarrely distancing themselves from their own claims (or rather holding their comments as ever mutable and ethereal all-encompassing statements that mean everything yet mean nothing), this thread is futile.

> EDIT: Given that lutusp is bizarrely distancing themselves from their own claims (or rather holding their comments as ever mutable and ethereal all-encompassing statements that mean everything yet mean nothing), this thread is futile.

Sincerely, get professional help. As things stand, people who reply to your posts might be temporarily misled into thinking they're communicating with someone who recognizes the existence of people other than himself.

Re: Google Passes Exxon to Become Second-Most Valuable U.S. Company

#148

Post by valtih1978 »

3pt14159 wrote: post #137
valtih1978 wrote: post #120

Earlier quoted context omitted.

More efficient? Are you on drugs?

In fact electricity driving cars is so much more efficient that you could burn gas in power plants and it would still outpace crude internal combustion engines.

How does it make coal or atomic energy more efficient than oil? You get electricity by burning them. When you burn either coal or oil, you loose 70% of energy. Then, you loose delivering the electric power and charging the accumulators. Finally, you have losses in the electric car. You are left with at best 10% of what the coal has supplied. Oil is higly concentrated energy. It could provide you 30% of the energy it contains into kinetic energy of the vehicle.

So, which efficiency are you talking about? Is it the efficiency of warming the planet up? You are on the right track! Burning more carbon fuel is what we crucially need in our age of peak-everything!

Re: Google Passes Exxon to Become Second-Most Valuable U.S. Company

#149

Post by valtih1978 »

hangonhn wrote: post #141
valtih1978 wrote: post #140

Earlier quoted context omitted.

> It goes into manufacturing. That is a good manipulation. I do not think that this is a joke becaus you must know that the major manufacturer is the China yet the major oil conumers are Europe and US, http://en.wikipedia.org/wiki/List_of_countries_by_oil_consum... . The consumers consume 15 times more oil per capita than average chaneese (and 3 times more in absolute figures). So, you do not need the oil to produce.…

Wow. So you watch a YouTube video and thinks you know everything about oil. Try reading Yergin's "The Prize", which won the Pulitzer Prize award. http://www.amazon.com/Prize-Epic-Quest-Money-Power-ebook/dp/... and also try reading the Quest by him as well. "That is a good manipulation. I do not think that this is a joke becaus you must know that the major manufacturer is the China yet the major oil conumers are Europ…

Wow you reading Yergin's "The Prize", which won the Pulitzer Prize award and think that you know everything about the oil. You is actually an idiot. I can recommed you Jarred Diamond, http://en.wikipedia.org/wiki/Collapse:_How_Societies_Choose_... who also had his, how do you call it, the Pulitzer prize. This proves everything. Keep denying the obvious. This was proven useful.

> You're the one doing "manipulation". You made the bold statement that "ALL"

You is imbicillic criminal, not able to understand the message, after I chewed how ALL is consumed by cars? I have told you not to approach me before you figure out the %% of oil "spent on the fertilizer".

Re: Google Passes Exxon to Become Second-Most Valuable U.S. Company

#150

Post by cpncrunch »

wutbrodo wrote: post #107
runako wrote: post #98

Earlier quoted context omitted.

So half from ads and the other half from ads?

This makes approximately as much sense as "Apple is a one-hit revenue wonder: almost all their revenue is from direct sales".

Apple seems to be plateauing in terms of revenue, and although google's revenue is still growing I'm wondering how long it can last. There is only so much advertising that they can squeeze out of the internet. If you look at youtube, they have been putting in more and more ads in the last year which has helped boost revenue, but now there is nowhere left to go.

As for their non-advert products: how big a market is the thermostat market, and what are the chances that Google will somehow screw up Nest? Google isn't exactly very good at customer service, and you need that for hardware.

As for these amazing robots, we've been hearing for 50 years about how robots are going to be making our lives easier at home, but it hasn't happened yet.

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