My mom bought a really nice chunk of it back when it was $40 BEFORE the split last year. She has since been a very happy person and talked my dad into buying grands worth last week. I'm dreaming of a NICE Christmas.
split coming i just saw a press release two days ago that said apple stock is going to split on feb 18th and start trading again at the split values on feb 28th.
This is the split that was announced at the beginning of 2005. I don't think another has been declared, at least not yet.
I wish I knew something about stocks when the iMacs rolled out. After seeing the huge sale of those I should have had my father purchase stock. Apple stock would have been better then the ones he has already. Maybe I shall suggest it this time around.
I bought 12 at ~44.50 not that bad for a 16 year old The only ting is I dont know when to buy (more) and when Im going to sell it.
so....as Apple stockholders, do you guys get any extra goodies like other companies give away? (i.e. coupons for cheap apple stuff)
Hellz no! What, you think my family invested $24,000 in the company expecting something back? You crazy?
Oh how I would love that! Didnt they announce the split last time when it was around $70 then it acutualy split around 85? I hope it follows that cycle again!
I am going to start to kick my dads collective behind for not buying in Dec 2003 when it was 19, cause you see i saw the apple boom. My current stock picks have been up 19% since Katrina
I've only been in the market for three weeks and I've already made 18% on my investments. This is insanity...in a very good way.
Don't count your money yet. This is Lesson Number One of stock market investing -- profits don't mean a thing until you sell. If there's one thing most investors have a problem with, it's knowing when to sell.
I bought 20 shares at $20 way back when. It has since split, and my $400 investment turned into $2800. Not bad.
I have heard sob stories over the years in my office from those who had similar paper gains, only to hold on too long until they reaped little or no gain or suffered a loss.
I bought at $11 ($22 before the stock split) about 4 years ago. Just last week I scooped out half of it, enough to buy a Quad ($4500, 3x my original investment). It's become my new computer fund.
I've been through this once already with AAPL. I bought in originally in 1997 and was quite happy with my investment until 2000, when the share price dropped 50% literally overnight. So naturally I kicked myself around for a long time after that. I hung tight because at that point I had little choice. My patience has paid off -- but hardly always does that happen in the stock market. Buying is easy. Selling is hard.
Wealth effect! Don't buy that yacht until you sell. Ah, wealth effect, you make me smile. Also, dividends would, but.. that won't happen.
It could. Microsoft didn't pay dividends for ever until about a year ago. Apple is similarly sitting on a huge pile of cash, which they could use for share buy-backs (unlikely at this price), or dividends. They aren't doing anything else with the money, as nearly as I can tell. Even a token dividend would be very popular with investors.