8 Oct 2011

Why Are Apple Shares $369 And Gunns Shares 14 cents?

The Samsung Galaxy
The image at left is of a new generation device that is making paper obsolete. The panel or 'pad' computers mean you will never need to buy a magazine or book again. They have wifi internet and can provide Google maps, gps navigation, email, web, mobile apps and video conferencing anywhere. The Apple iPad 1 and 2 were the pioneers but now the Asian mass consumer electronics makers want in on the action. Thats why the Samsung Galaxy is being challenged by Apple with a court case in Australia. You can still buy one online so who cares who wins that little skirmish? This technology is closing pulp mills in Europe and possibly elsewhere. The Aracruz pulp mills in Brazil also make paper. Something the nut jobs at Gunns never even considered. The best Labor and Liberal thinking is to export pulp from Tasmania and buy back paper from China. Sad isn't it?

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