Apple Stock Splits

Discussion in 'General Mac Discussion' started by rdowns, Feb 11, 2005.

  1. rdowns Suspended

    rdowns

    Joined:
    Jul 11, 2003
    #1
    Apple Announces Two-for-One Stock Split


    PR Newswire 8:30 am February 11, 2005

    Apple(R) announced today that its Board of Directors has approved a two-for-one split of the Company's common stock and a proportional increase in the number of Apple common shares authorized from 900 million to 1.8 billion. Each shareholder of record at the close of business on February 18, 2005 will receive one additional share for every outstanding share held on the record date, and trading will begin on a split-adjusted basis on February 28, 2005.

    Apple ignited the personal computer revolution in the 1970s with the Apple II and reinvented the personal computer in the 1980s with the Macintosh. Today, Apple continues to lead the industry in innovation with its award-winning desktop and notebook computers, OS X operating system, and iLife and professional applications. Apple is also spearheading the digital music revolution with its iPod portable music players and iTunes online music store.

    NOTE: Apple, the Apple logo, Macintosh, Mac and Mac OS, are either registered trademarks or trademarks of Apple. Other company and product names may be trademarks of their respective owners.

    SOURCE Apple Computer, Inc.
     
  2. stoid macrumors 601

    stoid

    Joined:
    Feb 17, 2002
    Location:
    So long, and thanks for all the fish!
  3. rdowns thread starter Suspended

    rdowns

    Joined:
    Jul 11, 2003
    #3
    I now own twice as much :D
     
  4. asif786 macrumors 65816

    asif786

    Joined:
    Jun 17, 2004
    Location:
    London, UK.
    #4
    wow, this is great news - hopefully the lower stock price will bring *even more* investors to apple :)
     
  5. JzzTrump22 macrumors 65816

    Joined:
    Apr 13, 2004
    Location:
    New York
    #5
    Hmm, i think i found something to finally invest my money in.
     
  6. yellow Moderator emeritus

    yellow

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    Oct 21, 2003
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    Portland, OR
  7. kwajaln macrumors 6502

    kwajaln

    Joined:
    Sep 18, 2004
    Location:
    CHICAGO!
    #7
    Finally? It's not like Apple just became a strong stock! Besides, a split is not an indication that a stock will go up in value, so don't use that as your only criteria.
     
  8. varmit macrumors 68000

    varmit

    Joined:
    Aug 5, 2003
    #8
    Thank god I own some stock. Its basically so they can drive down the price because they feel its going to keep going up. So people would rather buy more at a lower price than a few at a high price, so hopefully wall street takes notice and Apple becomes a stock in doing well section, not the oh my god, don't touch it section it was in over a year ago.
     
  9. kwajaln macrumors 6502

    kwajaln

    Joined:
    Sep 18, 2004
    Location:
    CHICAGO!
    #9
    I agree Varmit! I already had some AAPL, but I bought some for my Mom today too!
     
  10. SPQRPraetorian macrumors newbie

    Joined:
    Jan 24, 2005
    #10
    Be sure that when you invest in a company you do it for more than just the fact that it's stock is splitting. For every company who's stock has split and done well there are hundreds who split and no longer are listed or even exist. And on the opposite end of the spectrum there are companies who NEVER split Berkshire Hathaway yet are very popular and do well.
     
  11. Solafaa macrumors 6502a

    Solafaa

    Joined:
    Jul 15, 2004
    Location:
    Daddy said not to talk to strangers
    #11
    I already made 3% on my Apple stock so i bought some more and now i own even more :)
     

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