Russian Billionaire Buys $100 Million in Apple Stock

Discussion in 'Mac Blog Discussion' started by MacRumors, Apr 30, 2013.

  1. macrumors bot

    MacRumors

    Joined:
    Apr 12, 2001
    #1
    [​IMG]


    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.

    [​IMG]
    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
     
  2. macrumors 68020

    Kissaragi

    Joined:
    Nov 16, 2006
    #2
    Sounds like a wise move
     
  3. macrumors 6502a

    Joined:
    Jul 15, 2011
    #3
    In Russia, Apple stock buys you!
     
  4. macrumors 65816

    Joined:
    Sep 5, 2011
    Location:
    Lusaka, Zambia(If you know where it is)
    #4
    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?
     
  5. macrumors 68020

    Squilly

    Joined:
    Nov 17, 2012
    Location:
    PA
    #5
    Good move. That's a lot of money invested in one company. :eek:
     
  6. macrumors 6502a

    Flood123

    Joined:
    Mar 28, 2009
    Location:
    Living Stateside
    #6
    Very smart man.
     
  7. macrumors 6502a

    lolkthxbai

    Joined:
    May 7, 2011
    #7
    Should have invested 1 Billion. Now we're talking :cool:

    Jumped about 10 points today. Nice :apple:
     
  8. macrumors regular

    Joined:
    Aug 6, 2008
    #8
    Just invest 10% of his money on me, then I would be extremely happy :)
     
  9. macrumors 68000

    BC2009

    Joined:
    Jul 1, 2009
    #9
    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.
     
  10. macrumors 6502a

    nsayer

    Joined:
    Jan 23, 2003
    #10
    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.
     
  11. macrumors 68030

    Joined:
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    Location:
    NC
    #11
    He reminds me of the Russian guy in the movie "2012"
     
  12. macrumors regular

    Joined:
    Oct 5, 2009
    Location:
    Norwich, UK
    #12
    He also has a share in Arsenal Football Club.

    He's alright by me...
     
  13. macrumors 68030

    Joined:
    Mar 4, 2011
    Location:
    NC
    #13
    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.
     
  14. macrumors 6502a

    Joined:
    Dec 30, 2011
    #14
    they really need to start investing some of his money on world class players
     
  15. macrumors 6502a

    Joined:
    Jul 15, 2012
    #15
    Buy low, sell high. Sounds like a winning strategy. Seems like such a simple concept, yet the majority of folks do the opposite.
     
  16. macrumors 65816

    Joined:
    Aug 13, 2011
    #16
    I could throw up imagining his winnings if the shares climb up $100 ... Throw up in envy of course :)

    Very smart move ...
     
  17. macrumors demi-god

    Shrink

    Joined:
    Feb 26, 2011
    Location:
    New England, USA
    #17
    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...:cool:
     
  18. macrumors newbie

    Joined:
    Jul 2, 2008
    Location:
    Houston, TX
    #18
    :p:p
    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! :)
     
  19. macrumors P6

    IJ Reilly

    Joined:
    Jul 16, 2002
    Location:
    Palookaville
    #19
    Great plan, but selling shares of yourself could be painful.
     
  20. macrumors 65816

    inscrewtable

    Joined:
    Oct 9, 2010
    Location:
    Australia
    #20
    100m to someone with 19b is like someone with 19m investing 100,000.
     
  21. macrumors demi-god

    Shrink

    Joined:
    Feb 26, 2011
    Location:
    New England, USA
    #21
    Or, in my case, it would would be like someone with $190.00 investing $1.00.

    Just trying to bring it down to earth...:p
     
  22. macrumors 6502

    Joined:
    Jun 21, 2011
    #22
    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.
     
  23. macrumors G3

    roadbloc

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    Location:
    UK
    #23
    [​IMG]

    :p
     
  24. macrumors 65816

    Joined:
    Sep 5, 2011
    Location:
    Lusaka, Zambia(If you know where it is)
    #24
    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.
     
  25. macrumors G5

    Rogifan

    Joined:
    Nov 14, 2011
    #25
    What publicly traded company had higher profits this quarter? Exxon Mobile's were $9.5B, same as Apple's.
     

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