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Old Apr 30, 2013, 01:47 PM   #1
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Russian Billionaire Buys $100 Million in Apple Stock




With Apple's stock price at its lowest levels since 2011, Russian billionaire Alisher Usmanov -- one of the main investors behind the Digital Sky Technologies investment group -- has purchased $100 million of Apple stock, reports Bloomberg.

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"I believe in the future of this company even after Steve Jobs," Usmanov, 59, said in an interview at Bloomberg's Moscow offices, referring to Apple's late co-founder. "When the company lost $100 billion of its market value, it was a good time to buy its shares, as the capitalization should rebound."
Usmanov is estimated to be Russia's richest man with a fortune worth $19.8 billion.

Article Link: Russian Billionaire Buys $100 Million in Apple Stock
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Old Apr 30, 2013, 01:49 PM   #2
Kissaragi
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Sounds like a wise move
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Old Apr 30, 2013, 01:49 PM   #3
Klae17
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In Russia, Apple stock buys you!
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Old Apr 30, 2013, 01:50 PM   #4
adildacoolset
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I honestly think that the people who claim that apple are doomed, are stupid. Seriously, even thing the profits this auareter weren't the highest, ask yourselves this: what product was launched in this quarter? Nothing! No announcement this quarter. So how can someone realistically expect record-breaking charts?
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Old Apr 30, 2013, 01:52 PM   #5
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Good move. That's a lot of money invested in one company.
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Old Apr 30, 2013, 01:53 PM   #6
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Very smart man.
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Old Apr 30, 2013, 01:56 PM   #7
lolkthxbai
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Should have invested 1 Billion. Now we're talking

Jumped about 10 points today. Nice
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Old Apr 30, 2013, 01:56 PM   #8
carestudio
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Just invest 10% of his money on me, then I would be extremely happy
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Old Apr 30, 2013, 02:02 PM   #9
BC2009
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Originally Posted by bjsterilite View Post
Should have invested 1 Billion. Now we're talking

Jumped about 10 points today. Nice
It's jumped about 10 points every day for the last five days. AAPL is completely under-valued right now. If I had a $100M to invest, it is where I would put it. I already put a load of my investment money in AAPL for the long-term. I don't think the stock has seen its high even at $700. Too bad, my investment money is nowhere near the $100M this guy can throw around. He's going to make some serious cash.
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Old Apr 30, 2013, 02:06 PM   #10
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Originally Posted by adildacoolset View Post
I honestly think that the people who claim that apple are doomed, are stupid. Seriously, even thing the profits this auareter weren't the highest, ask yourselves this: what product was launched in this quarter? Nothing! No announcement this quarter. So how can someone realistically expect record-breaking charts?
And though the quarterly profits weren't the highest, they were the *FOURTH* highest in the history of the company - only 3 quarters ever have done better, and (though I haven't checked), I'm confident that the 3 higher ones were Q4 rather than Q1.
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Old Apr 30, 2013, 02:06 PM   #11
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He reminds me of the Russian guy in the movie "2012"
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Old Apr 30, 2013, 02:08 PM   #12
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He also has a share in Arsenal Football Club.

He's alright by me...
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Old Apr 30, 2013, 02:09 PM   #13
Michael Scrip
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Originally Posted by BC2009 View Post

It's jumped about 10 points every day for the last five days. AAPL is completely under-valued right now. If I had a $100M to invest, it is where I would put it. I already put a load of my investment money in AAPL for the long-term. I don't think the stock has seen its high even at $700. Too bad, my investment money is nowhere near the $100M this guy can throw around. He's going to make some serious cash.
Just curious... is there any other company you'd feel comfortable putting a lot of money into?

It seems like the consumer electronics market is a fickle market.
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Old Apr 30, 2013, 02:13 PM   #14
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He also has a share in Arsenal Football Club.

He's alright by me...
they really need to start investing some of his money on world class players
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Old Apr 30, 2013, 02:14 PM   #15
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Buy low, sell high. Sounds like a winning strategy. Seems like such a simple concept, yet the majority of folks do the opposite.
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Old Apr 30, 2013, 02:16 PM   #16
Jibbajabba
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I could throw up imagining his winnings if the shares climb up $100 ... Throw up in envy of course

Very smart move ...
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Old Apr 30, 2013, 02:20 PM   #17
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Ptooey!

Pin money.

A mere bagatelle.

Money found in my couch cushions.

Wait until the news hit about MY stock purchase.

I can say no more now...
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Old Apr 30, 2013, 02:21 PM   #18
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Just invest 10% of his money on me, then I would be extremely happy
No, no, no! I can top that offer. Invest in ME!

Just invest 10% of your money in me, and I will grow!

Estimated rate of growth, short-term, with adequate funding, with three reeeeealy nice, big meals a day (I will guarantee that!), then a nice long nap each day in very relaxing surroundings; say, Cabo or even on the Black Sea near Yalta or Istanbul; I could easily double my size in less than two years, pretty much a lock on that!
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Old Apr 30, 2013, 02:24 PM   #19
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Originally Posted by stevejolly View Post


No, no, no! I can top that offer. Invest in ME!

Just invest 10% of your money in me, and I will grow!

Estimated rate of growth, short-term, with adequate funding, with three reeeeealy nice, big meals a day (I will guarantee that!), then a nice long nap each day in very relaxing surroundings; say, Cabo or even on the Black Sea near Yalta or Istanbul; I could easily double my size in less than two years, pretty much a lock on that!
Great plan, but selling shares of yourself could be painful.
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Old Apr 30, 2013, 02:35 PM   #20
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100m to someone with 19b is like someone with 19m investing 100,000.
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Old Apr 30, 2013, 02:40 PM   #21
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Originally Posted by inscrewtable View Post
100m to someone with 19b is like someone with 19m investing 100,000.
Or, in my case, it would would be like someone with $190.00 investing $1.00.

Just trying to bring it down to earth...
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Old Apr 30, 2013, 02:50 PM   #22
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One more dip would be great, so I could buy a few more shares. AAPL has been trading completely decoupled from reality ever since the Hedge Fund Managers believed the twitter/blogo/geekaverse that Android was "like, totally cooler and they are innovating better than Apple" and that somehow Samsung would not only surpass Apple, but take the lead in design direction. When I watched the cringeworthy S4 announcement, it was proven once and for all that Samsung has no taste, none. I couldn't watch the whole thing it was so painfully lame.

A short time after that those hedge fund idiots realized something that is so obvious to most of us: Android is a platform people move to when they are new to smartphones. Once they use one the realize what they really want, and they typically jump ship to iOS and then they stay there. This means Android builds market share as long at the number of dumb phones >= smart phones. Guess what, that threshold is over now. And if Android can't hold on, people will jump ship to Apple, Blackberry, and maybe if they are feeling masochistic, they'll go to Winblows Phony.
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Old Apr 30, 2013, 02:54 PM   #23
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Old Apr 30, 2013, 02:54 PM   #24
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And though the quarterly profits weren't the highest, they were the *FOURTH* highest in the history of the company - only 3 quarters ever have done better, and (though I haven't checked), I'm confident that the 3 higher ones were Q4 rather than Q1.
Imagine, and the other quarters had blockbuster product lanches. Apple is strangely moving all of the products to fall for some reason. We haven't even heard a peep from them, besides the earnings calls and the WWDC 2013 date announcement.
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Old Apr 30, 2013, 02:57 PM   #25
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Originally Posted by adildacoolset View Post
I honestly think that the people who claim that apple are doomed, are stupid. Seriously, even thing the profits this auareter weren't the highest, ask yourselves this: what product was launched in this quarter? Nothing! No announcement this quarter. So how can someone realistically expect record-breaking charts?
What publicly traded company had higher profits this quarter? Exxon Mobile's were $9.5B, same as Apple's.
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