Make $ from not pay $ to Apple?

Discussion in 'General Mac Discussion' started by Rebob, Oct 8, 2003.

  1. macrumors newbie

    Joined:
    Oct 7, 2003
    #1
    With iTunes for Windows coming out apparently in just days, wouldn't this be a good time to buy Apple stock?

    If one had bought Apple stock right before the G5's came out, the investment would have more than doubled by now.

    Any opinions? Predictions?

    Obviously the G5's introduction was only one factor in the stock's recent rise.

    http://finance.yahoo.com/q/bc?s=AAPL&t=6m&l=on&z=m&q=l&c=
     
  2. macrumors G5

    Sun Baked

    Joined:
    May 19, 2002
    #2
    Timing the market is usually a bad idea, you're buying Apple at a high and hoping it'll go higher, it may or may not.
     
  3. macrumors 604

    iJon

    Joined:
    Feb 7, 2002
    #3
    yep this happens a lot. people suddenly become charles schwab and tell us to buy. apple's stock as not doubled since g5's came out. it has grown about 10 dollars since the ipod and music store came out in april. apple is a risky company to put stock in and i personally dont. it may go up, or it may go down. and i dont believe the music store is days away. but anyways, i would rather put my money in a different company than apple, they are a gamble.

    iJon
     
  4. macrumors regular

    Joined:
    Jun 20, 2003
    Location:
    Los Angeles, CA
    #4
    the stock has gained about a dollar overall (5%) since the g5 was announced. you shouldn't go off product development when investing unless the product is totally revolutionary (i.e. if apple came out with a teleportation device ... iPort).

    to clarify what someone else said earlier, apple stock has not gone up because of iPods and iTunes, but reather because it had hit a relative low before these products were announced.
     
  5. macrumors 604

    iJon

    Joined:
    Feb 7, 2002
    #5
    well im not claiming to be charles schwab either, i just know they were lurking around the 12 dollar for the most part of that year and then after iTMS came out the stock shot up about 7 dollars over the next couple of weeks.

    iJon
     
  6. macrumors 601

    stoid

    Joined:
    Feb 17, 2002
    Location:
    So long, and thanks for all the fish!
    #6
  7. macrumors 68020

    Joined:
    Jul 4, 2002
    Location:
    Muncie, Indiana
    #7
    Stock?! Who buys stock anymore? My savings account is paying only two-tenths of a percent! But at least it's not losing money.
     
  8. macrumors 604

    iJon

    Joined:
    Feb 7, 2002
    #8
    well i know a little about stock, but microsoft has about 53 million in volume, while apple has about 7. plus didnt microsoft pay dividends earlier this year.

    iJon
     
  9. macrumors G5

    Sun Baked

    Joined:
    May 19, 2002
    #9
    Heck you could buy the majority of companies in the world using the by placing a $ sign in front of Microsofts shares outstanding.

    10.82 Billion Shares Outstanding :eek:
     
  10. thread starter macrumors newbie

    Joined:
    Oct 7, 2003
    #10
    im not claiming to be charles schwab either

    Thank you. Interesting points, all probably valid. Maybe I'll buy actual apples, which my family can eat. ;)
     

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  11. macrumors 604

    iJon

    Joined:
    Feb 7, 2002
    #11
    Re: im not claiming to be charles schwab either

    yeah stock is a complicated thing. but from just looking in the past apple hasnt been all that great. but they have looked good since april so who knows. maybe itunes for windows will drive it another 7 dollars. its not a gamble im willing to take.

    iJon
     
  12. macrumors 68000

    e-coli

    Joined:
    Jul 27, 2002
    #12
    Apple is selling high right now. I personally wouldn't buy. Now if their growth becomes a trend over, say, a full calendar year, then maybe. But Apple is a long term investment, I would think. Not a day or swing trader type of investment.

    But I'm not Chaz. Schwabb, either. ;)
     
  13. macrumors regular

    Joined:
    Jun 20, 2003
    Location:
    Los Angeles, CA
    #13
    apple, along with most high tech/computer companies, is a medium risk investment. my personal opinion is that the stock will drop in the next few months and then steadily increase after december. i'm holding for the time being (i bought at 14, so i can stand to wait a little).
     
  14. dho
    macrumors 6502

    Joined:
    Sep 7, 2003
    Location:
    California
    #14
    I have had apple stock for a few years and have always hoped that announcements like these would increase its value.

    Unfortunately it has rarely worked out how I expected it to.

    My only suggestion is buy low sell high( dont buy now)
     

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