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Estimating Revenue Growth, Club Meeting Meeting and AAPL
In this month's Club Meeting Meeting on Thursday, we'll discuss
estimating revenue growth as our educational topic and suggested club
activity. While it is easy to see how a company has grown sales in
the past, once we own their stock, we want to keep an eye on their
potential to grow sales in the future.

For example, Apple just reported a blow out quarter with huge
increases in sales of their products. How long will this continue?
Won't everyone own an IPhone pretty soon? I found these graphs this
morning that compare worldwide IPhone sales with the other phones out
there.

http://www.asymco.com/2010/11/02/absolute-value-the-handset-market-stacked/

I found them very interesting. While Apple makes a huge profit on
their phones, their unit sales are still relatively low compared to
the other manufacturers. I guess everyone doesn't already have an
IPhone. This type of information helps to increase my comfort level
that they will be maintaining their historical sales growth levels for
a while.

The Club Meeting Meeting will be at 8:30 EDT. Register now to join us
at www.bivio.com/club_cafe

--
Laurie Frederiksen
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