Talking about future values for Apple's stock in terms of today's global GDP is as useful and statistically relevant as talking about my odds of marrying Miss Universe.
Is eTrade the best way to go online for someone who doesn't do a lot of trading.
I'm in it for the small gain. I'm not trying to make a living off it.
Sold 70K of GE stock at the start of the recession, bought a 1000 shares of Apple at $68 and change , me I'm getting out at $700, which will be early 2013
Another one with no idea how insiders sell their stock.
My ten shares purchased at $209 are looking pretty good right now.
Imagine how good my 10 shares at $45 look
Is eTrade the best way to go online for someone who doesn't do a lot of trading.
I'm in it for the small gain. I'm not trying to make a living off it.
Since everyone is comparing how little they paid for their Apple shares: I bought mine in 1992 for $7 (split-adjusted). It was a bad investment: within a year or two they had lost half their value. I didn't bother dumping them at that point, figured I would see if they came back...
That's the thing that drives me crazy about stocks. You never know when to jump in and when to sell. You think the price is too high to buy but then a short time later you wish you HAD bought when it was that cheap. It's exactly like gambling, which I have no interest in either. I bought Netflix at $77 when it tanked, assuming either it would recover or they would get bought out (which worked great for my Macromedia stock). It HAS gone up a lot since but every day someone is saying they are going to go bust. I think about selling but I let it ride, it goes up more and I'm glad I stayed. I really need to stop watching the price because it's driving me crazy. Good thing it's only 15 shares...
It can be gambling the way you deal with stocks. Tech companies are high risk investment if you don't know what you're doing, which is the case.
You should learn more about long-term investing and how to analyze companies. It is complicated, but then it is your only tool not to make it a gamble.
I was thinking the same thing the other day -- at what point is a share of AAPL worth more than a share of BRK.A.
I see no end for this stock surge.
I'm starting to think that the 4,000 shares I sold when it was around $100.00 a share was a bad idea...
$1 trillion market cap for a company that makes 1 phone and 1 tablet and 5-6 computers. Talk about all your eggs (mostly) in 1 basket waiting for a big flop.
iPhone is coming up on its 5th release which the iPhone line is tightly mimicking the iPod line when iPods hit saturation around version 6.
Apple is going to need to come up with some other products rather than the iPhone gravy train that will saturate soon and the iPad that will likely saturate soon too. It's the same iOS devices...just in small, medium, and large. apple will need to think up something NEW within 3 years or it's just an iOS company on 3 sizes.
Talking about future values for Apple's stock in terms of today's global GDP is as useful and statistically relevant as talking about my odds of marrying Miss Universe.
Apple has solid earnings, but now it seems like the analysts are piling on and getting ahead of themselves. Most of their profits are from mobile phones. While it's a lucrative market, it also can turn on a dime. Look at RIM and Nokia.
I think it's a solid company but am not expecting it to go up another 60+% in the near term given its rise over the past few weeks.
FD: I'm long AAPL.
And today, Microsoft is worth $250bn. Nobody could have possibly foreseen the loss of 75% of their market cap (based on inflation adjusted numbers) in the late-1990's, but surely enough...
Apple cannot simply keen on growing forever and ever. My predication is that there will be a big crash some time over the next few years. Probably 2015-16, especially if they reach $1000 per share by 2014.
There is no such thing as the perfect company, or the perfect stock. Investors need to realise this, because AAPL is looking pretty perfect at the moment and that's just going to fuel overconfidence.
This stock is going to be traded mainly by large firms soon as the average Joe won't be able to purchase stock and those prices.