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Old Apr 23, 2014, 03:49 PM   #26
darkslide29
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Originally Posted by KPOM View Post
The stock is up 8%!
Quote:
Originally Posted by dannyyankou View Post
Their stock is up 7.5% in after hours
Finally, a good boost. This feels like 2-3 years ago again, hehe.
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Old Apr 23, 2014, 03:49 PM   #27
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Apple should increase the base model storage of iPad to 32 GB. And provide better multitasking. It's joke at this point when your device start at 16 GB and can't run apps simultaneously when you introduced the device as an in-between smartphone and laptop which now 5 gen later feels more like a stretched up smartphone rather than a laptop.
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Old Apr 23, 2014, 03:50 PM   #28
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Originally Posted by RebornProphet View Post
What was the share price prior to the split?

Have to admit, never heard of stock splitting before. Does this benefit our "favourite" investor, Mr Icahn?
A stock split means that each stock is split up in equal parts. Total company value remains the same and this doesn't benefit Icahn directly.

However an effect that many discount, is that popular shares such as this, with a relatively large amount of non-institutional investors, often gain in value in the short term. The reason is that small investors can now invest with smaller amounts than before and do so. Although the often heard argument is that it should't make a difference, on the whole it often does, and can be responsible for a small price hike.
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Old Apr 23, 2014, 03:50 PM   #29
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Anyone watching this idiot on CNBC? Clueless doesn't begin to describe him.
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Old Apr 23, 2014, 03:50 PM   #30
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Thats not good with all the market saturation stalling sales, they better knock it out of the park with the watch.
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Old Apr 23, 2014, 03:50 PM   #31
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Originally Posted by mdridwan47 View Post
Apple should increase the base model storage of iPad to to 32 GB. And provide better multitasking. It's joke at this point when your device start at 16 GB and can't run apps simultaneously when you introduced the device as an in-between smart phone and laptop which feel more like a stretched up smartphone rather than a laptop.
You are in the wrong thread.
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Old Apr 23, 2014, 03:51 PM   #32
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$5-7 a Share

Amazing how far Apple has gone. I don't miss those awful days when the shares where hovering $7 or so dollars.
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Old Apr 23, 2014, 03:51 PM   #33
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Apple misses expectations: -15%
Apple beats expectations: +8%

Oh well. Nice results anyhow.
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Old Apr 23, 2014, 03:52 PM   #34
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iPhone sales beat handily and iPad sales missed badly. I wonder how the Street will take it. 7:1 is an odd ratio for a stock split.
I am not a financial analyst at all but my first thought of a 7:1 stock split bringing it down to $75... psychologically it looks like it is in easier range to hit $100 eventually (or really $700, which was its old all-time high)
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Old Apr 23, 2014, 03:52 PM   #35
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Originally Posted by Bloomedis View Post
Yay I'm getting more shares. And Wall Street just sent AAPL up by 8%.
Oh my god, if this quarter made even Wall Street happy, it must be a very good quarter
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Old Apr 23, 2014, 03:53 PM   #36
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Originally Posted by pgiguere1 View Post
I'm not too familiar with this stuff.

Does a 7-for-1 stock split means the stock will now be worth $75?.
Does it also mean dividends will be increased by 7x?
7 for 1 split means that if you currently own 1 share of stock and the value is $700, then it becomes 7 shares with a value of $100 each. The total value of your shares remains the same.

Dividends will also be adjusted and are typically calculated as a percentage of the individual share price.

This is the best news I have heard in a while and something I have been waiting for for a long time. While it has no realistic change, the mental change can be huge, as individual investors would be far more willing to buy 10 shares for $500 vs 1 share for $500.

And awesome quarterly results.
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Old Apr 23, 2014, 03:53 PM   #37
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Anyone watching this idiot on CNBC? Clueless doesn't begin to describe him.
I don't spend my time watching idiots.
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Old Apr 23, 2014, 03:53 PM   #38
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Anyone watching this idiot on CNBC? Clueless doesn't begin to describe him.
No access to TV now, but please do share.
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Old Apr 23, 2014, 03:54 PM   #39
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ipad numbers are interesting, especially because the ipad offerings are fresher than a lot of the rest of apple's lineup. Could it be that the tablet takeover is not as inevitable as everyone thought? I was sucked in by the ipad but have used it less and less such that it's now a distant third in terms of use (behind iPhone and Mac).

...Or maybe these numbers are specific to ipad facing increased competition from other tablets.
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Old Apr 23, 2014, 03:54 PM   #40
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Originally Posted by pgiguere1 View Post
I'm not too familiar with this stuff.

Does a 7-for-1 stock split means the stock will now be worth $75?.
That will be approximately the new listed price.

Quote:
Does it also mean dividends will be increased by 7x?
No, I wish. That gets divided by seven also.
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Old Apr 23, 2014, 03:55 PM   #41
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Originally Posted by darkslide29 View Post
No access to TV now, but please do share.
Take the worst of the posters from MR in each forum, combine in a bowl, stir in jackassery and you have it.
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Old Apr 23, 2014, 03:56 PM   #42
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Originally Posted by Radio View Post
Why no macrumour news about amazon and HBO's streaming deal?

This is related to Apple TV and their attempts of adding content.
I'm surprised there was no report of Google's total miss on earning reported last week. Not one peep.
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Old Apr 23, 2014, 03:56 PM   #43
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Originally Posted by peterdevries View Post
Stock is up 7% as of this moment. First time in a long time there is a positive reaction to Apple's earrings call. Now 8%.
Not mentioned in this article, but the Wall Street consensus was $10.19 EPS. Investors like a better than 10% beat.
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Old Apr 23, 2014, 03:57 PM   #44
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Originally Posted by TC03 View Post
Apple misses expectations: -15%
Apple beats expectations: +8%

Oh well. Nice results anyhow.
Share price jump in after hours trading (and I believe it is actually halted right now) today has probably more to do with the announced stock split and share buyback. There is a reason Apple decided to announce this stuff today. Without this the price might have actually fallen.
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Old Apr 23, 2014, 03:57 PM   #45
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Guidance for next quarter is terrible though
AAPL up 8% in after hours trading to $565. I guess the guidance isnít that terrible after all is it.
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Old Apr 23, 2014, 03:57 PM   #46
mdridwan47
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Originally Posted by peterdevries View Post
You are in the wrong thread.
I said it because iPads are down from 19.5 million to 16.35 million. Learn to swallow criticism rather than blowing it away.
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Old Apr 23, 2014, 03:58 PM   #47
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Share price jump in after hours trading (and I believe it is actually halted right now) today has probably more to do with the announced stock split and share buyback. There is a reason Apple decided to announce this stuff today. Without this the price might have actually fallen.
Glass always half empty, right? Apple is doomed anyway, right?
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Old Apr 23, 2014, 03:58 PM   #48
TC03
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Originally Posted by lilo777 View Post
Share price jump in after hours trading (and I believe it is actually halted right now) today has probably more to do with the announced stock split and share buyback. There is a reason Apple decided to announce this stuff today. Without this the price might have actually fallen.
I guess a 15% beat would count for something.
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Old Apr 23, 2014, 04:00 PM   #49
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i'll take a 7-1 split any time.
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Old Apr 23, 2014, 04:00 PM   #50
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I'm curious to know the reason behind the iPad miss. Supply constraints or people aren't buying. I find that really curious. It will be interesting to hear what they say.

As for the stock split - splits are largely meaningless. They don't affect the value of the company. The dividend will be 1/7 of what it is now. About the only advantage is that buying a few shares will be a bit more accessible at ~$75 instead of ~$525 for people who don't buy large chunks at a time.
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