No chance it drops that much considering apple's cash position, earnings, and low valuation. Looks like its going to take a shot at $400+ in the near term, still not too late to get in.
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AAPL Closes At All Time High: $364.92
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No chance it drops that much considering apple's cash position, earnings, and low valuation. Looks like its going to take a shot at $400+ in the near term, still not too late to get in.
By most metrics, Apple is cheaper now than its been in years. Earnings growth is far outpacing share price growth making valuation cheaper. Go compare against AMZN or NFLX to see what a bubble looks like. Or even compare against GOOG who has a 50%+ higher PE with earnings growth not even half of AAPL.
Only people losing out are those who don't own AAPL.
And you think the market runs on logic? Emotions plays a huge part in it and the lost of SJ would be a major blow to the emotions so I would fully expect the stock to tank on that news. Then it would recover really well but still it would be taking a hammering in the short term.
Honestly if Apple wants to really protect its stock price SJ should officially step down and CEO and be phased out. Take the small hit now and in a controlled manner in the view of the market.
Now they could be doing it with is "medical leave" and Cook taking over. It could easily be they did that to keep it from looking to bad as SJ yes was stepping down for health reasons and never intended to take it back.
From mid-2008?
That's what was being said just after WWDC.
Bet everyone wishes he had gotten in on the ground floor when Apple first went public. I couldn't, as a poor school teacher.
Actually they've never given a dividend, and unless they one day do, it's worthless.
No Apple shareholder has ever had a single cent in profit, other than he capital gain from selling his shares to someone willing to pay even more for no profit, who in turn hopes someone else will buy from him for even more for no profit.
Dividends are for non growth stocks. Apple is the ultimate growth stock. If they were to pay a dividend, management should be fired for incompetence.
Yeah but they've been around since 1976. Even as a growth stock, there's a limit to this. Their strategic cash stockpile is massive - even a nominal dividend of 1% would be nice... Although I'm no expert on Apple's finances. If a 1% dividend would kill the strategic stockpile, ok fine don't.
With the P/E they have, they are just getting started. When growth stops (not slows down), they can pay a dividend. Dividends are a way for companies that don't grow to get people to buy their stocks. Apple does not need to bribe people into purchasing their stocks, so it would be irresponsible of them to pay a dividend.
That is a good question. If anyone were to know the answer, they would be billionaires (or in jail for insider trading.)
The best advice I can give you is, don't try to time (or microtime) the market. Buy stocks you think are a good deal, sell the ones you think are bad. If you worry too much about hitting the best price to the second, you will miss some great deals and give yourself a stress related heart attack.
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With thinking like that you probably should avoid investing real money.
Rodimus Prime said:
With thinking like that you probably should avoid investing real money.
Yea but im worried about where I should set my stop, how much lee-way do i need, if I put in 10000 how severe will the drops be 2moro?? Should I put it in over the weekend??
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come on! Tell us! How much do you have invested. Probably not 100,000 Feeling rich and being rich is just not the same.
Should we raise taxes on those making over 250,000 a year
Come on be honest, you think we should don't you?
But you seem truly happy so that's all you really need.
come on! Tell us! How much do you have invested. Probably not 100,000 Feeling rich and being rich is just not the same.
Should we raise taxes on those making over 250,000 a year
Come on be honest, you think we should don't you?
But you seem truly happy so that's all you really need.
Good point. I looked up Microsoft's stock price history. In June, 2006 when Bill Gates left MS the stock was $22 per share, and it's $26 now. It did bottom out at $16 per share in early 2009 but rebounded.
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when Jesus died the church actually got bigger though they did make a few big mistakes along the way
when Jesus died the church actually got bigger though they did make a few big mistakes along the way
I put in a sell of 30 shares when the price rises to $600. I could do with some fix-up-the-house money. 
What should Apple do with its massive pile of cash? I'd like to see them buy or create their own wireless cellular network in the US, one that they control completely and are not subject to the whims of the carriers. Now I know that would be obscenely expensive, and complicated, but think of the benefits.
sadly most of Apple huge pile of cash is trapped out side the US because they do not want to pay taxes on it.
Send in the Ghouls
I have no idea how long SJ will live. None of us know the time. I do think that Apple will be around a long while, because it's not some vanity project for "making fanboys," it has a clear path for a profitable business for a long time. Of course, the previous firing of Jobs and putting a bunch of business idiots try to run it was the real problem. It's a design company.
Disney was going to die off after Walt, and they almost did. But it struggled back and reinvented itself a few times, and I believe it's a big corporation now. It did that by basically using the Walt DNA. Animation, parks and Wonderland. Cute animals. Informing for the FBI on Unions. You know, Disney.
The one thing I know about Apple stock is, the bigger the rise before quarterly results, the harder the sell-off. Not because of belief or disbelief in Apple, it's how you make money with Apple stock. Buy then sell. Then buy after that selloff. Hold it. When it makes sense, sell it. Apple doesn't pay you dividends for holding it. You've gotten some nice rewards by holding then selling. It started around $10 a share and has never looked back.
If they keep the business deadheads away from Apple, things will work out fine. What you don't want is that Wall Street runs you, and looks at you only as a mountain of CASH they can loot. There will be good times and bad times After Steve, but there are enough people who've experienced these years to have inherited the basic vision/business proposition and be able to make some more amazing devices.
I have no idea how long SJ will live. None of us know the time. I do think that Apple will be around a long while, because it's not some vanity project for "making fanboys," it has a clear path for a profitable business for a long time. Of course, the previous firing of Jobs and putting a bunch of business idiots try to run it was the real problem. It's a design company.
Disney was going to die off after Walt, and they almost did. But it struggled back and reinvented itself a few times, and I believe it's a big corporation now. It did that by basically using the Walt DNA. Animation, parks and Wonderland. Cute animals. Informing for the FBI on Unions. You know, Disney.
The one thing I know about Apple stock is, the bigger the rise before quarterly results, the harder the sell-off. Not because of belief or disbelief in Apple, it's how you make money with Apple stock. Buy then sell. Then buy after that selloff. Hold it. When it makes sense, sell it. Apple doesn't pay you dividends for holding it. You've gotten some nice rewards by holding then selling. It started around $10 a share and has never looked back.
If they keep the business deadheads away from Apple, things will work out fine. What you don't want is that Wall Street runs you, and looks at you only as a mountain of CASH they can loot. There will be good times and bad times After Steve, but there are enough people who've experienced these years to have inherited the basic vision/business proposition and be able to make some more amazing devices.
I believe Microsoft stock comes with these nice things you can clip. They are paying stockholders to hold the stock. Keeps people loyal.
Steve's not even officially in charge of the company now, he's still on leave.
It's a strange area of the law. But lately I've been thinking when Apple developed its IP in the '80s, they did not defend it vigorously.
Apple's business, hardware and software, can only be profitable when it does some deep design and UI and comes out with an iPhone, iPod, iMac, iPad -- when it creates the market by its own success. I'm not sure how much of their IP deserves patent and trade law. But they already experienced the Windows fiasco. They've been much tougher than before. And they have more and more cash to do it with.
It will likely cost competitors to copy ideas. Litigation slows it down, at least. Why not? Why can't other companies have passion for what they make? If another company comes out with, not "an iPod killer," or some network-deprived imitation, but an original product that does something wonderfully. We're better off if we have THAT kind of competition, and not the cutthroat, no-talent kind.
5000 before and 5000 after. Usually it is not advisable to buy in the pre-markets since you tend to overpay, the volume is less and the price is inefficient. But if you have a specific buy price, then it does not matter.
Apple might be able to find someone with decision making skills like Steve Jobs but you will never find someone who can sell a product with keynotes like Steve