you’re investing wrong if you think selling cases make up a large portion of Apple’s revenue.
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AAPL Opened at All-Time High, Shares Have Risen Nearly 150% Since Late March
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I thought Apple was doomed and Tim needs to go. What happened?
Gold has nearly matched the stock market over the last 5 years, basically doubling in value.
Now do the last 50 years. Anything can have a good run. Stocks have the best track record of producing returns over time.
Gold is only up about 75% in the last 5 years and pays no dividend. It doesn’t do anything actually.
Go read the Warren Buffett piece on Gold versus equities.
$51,000,000 vs $400,000 on a $10,000 investment in 1942.
"For every dollar you have made in American business, you would have less than $0.01 of gain by buying [gold]" — comparing a $10,000 investment in a cross-section of US stocks in 1942, which would be worth about $51 million in 2018, with a gold bet of the same size that would be worth about $400,000, at the annual meeting in 2018.
"For every dollar you have made in American business, you would have less than $0.01 of gain by buying [gold]" — comparing a $10,000 investment in a cross-section of US stocks in 1942, which would be worth about $51 million in 2018, with a gold bet of the same size that would be worth about $400,000, at the annual meeting in 2018.
So that’s all it takes? Sell a phone for $1500 and it’s a guaranteed success? Someone should tell Samsung.
Wrong choice of smiley! It was a joke. No obligation to laugh though.
It's really amazing, considering that it happens during the pandemic period. If Flurry Analytics is to be believed that the top 9 smartphones activated during Christmas were iPhones, December quarter will be even more impressive.
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I don't think that most people who want Tim to go are just looking at Apple's profits
Well graded basketball cards (vintage) and graded Pokémon cards want to have a word.
What really does that is Apple's philosophy, creating products people love, many repeat customers, who recognize their value and are willing to open their wallets and pay premium prices to purchase Apple products, year after year after year.
TheYayAreaLiving 🎗️
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Shareholders who sell their shares to others.
Apple is actually *buying* shares and retiring them, not selling them.
I've read an analysis from an economist last spring. His point what that with Covid, everything is uncertain economically except for clear winners like tech companies. So investors will likely retire their investment from a lot of companies affected by Covid and all buy tech. This will create a bubble.
At the end of Covid, there will probably a movement of equilibrium in the opposite direction, making the tech bubble deflate. A return back to normal.
So, if he's right, don't buy AAPL now that we have a vaccine ...
Uncertainty will continue for quite some time. Work patterns may have been permanently disrupted - many more people may continue to work from home, at least more often than they used to. Changes to computing demand patterns - bigger zoom-worthy screens, work-from-home computers, etc. may be permanent.
In short: who knows?
And if we can keep the work and school from home mentality going we might just see some neighborhood diversity as people realize they can live anywhere they want. Not just where their boss wanted them or where the ‘jobs’ are. Which will increase demand of under appreciated ‘essential’ workers and raise wages. Which will end up lowering prices in overlooked neighborhoods.
Real Estate and equities are not one or the other. I have owned both for decades and made some nice money from each and other investments. The one thing real estate has going for it is tax deductibility, especially in non-primary residences which are treated as businesses with most costs being deductable.
Again, your experience isn't relevant. I'm speaking generally. Lots of people have become millionaires in real-estate and other means not necessarily cut out for average people.
Stock returns are THE best returns in general in the most situations.
At least with real estate, you have something tangible that you control.
With a stock, you are depending upon someone's judgment. I picked up many of my Apple shares when Scully was still CEO. The company had gone from high flier to doomed. Apple's HQ building at 1 Infinite Loop had a Computer Literacy bookstore and other businesses in the parking lot to defer expenses. Even then the parking lot was 1/2 empty. Former Apple workers at the company I worked for had stock options at $13 which was considerably over the market price.