Winners and losers in any economy. Tech companies are future looking. Backward looking companies will be purged. I mean, I love your coal powered barrel making company, but maybe it's not a growth company...
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Apple Reports 3Q 2020 Results: $11.25B Profit on $59.7B Revenue, 4-for-1 Stock Split Announced
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Online sales. Don’t need the stores to sell what people intent to buy otherwise.
Just don't tell Rob Hall of Goldman so he won't quit counting the iPhone number, which is all he know and very good at.
It depends on how you hold the shares. If you have them in a broker account, then probably not. The broker would typically (though not necessarily) be the shareholder of record. The broker - rather than the company you own shares in itself - would have a record that you own a certain number of shares. Apple would have, e.g., T.D. Ameritrade as the shareholder of record for X shares. T.D. Ameritrade would then have records indicating that particular accounts own those shares.
In that case you'd be a beneficial owner rather than a shareholder of record. You're still entitled to, e.g., receive dividend payments and vote on various company matters. But your broker would be the one paying you the dividend rather than it coming directly from Apple.
Do you know how you get your dividends? Or notices about annual meetings? Do they come directly from Apple or from someone else, e.g. a broker?
And people ask why I have automatic dividend reinvestment.
I bought 1,000 shares in 1983.Huge fanboy here that bought my first AAPL shares at age 17 or so in 1996
You're not confident that their stock will rise after the split? to say $300?
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Smart move. Hopefully you still have them.I bought 1,000 shares in 1983.
I bought 1,000 shares in 1983.
Bought my first set in 90s, when Apple was going to fold any day. But at $13.50 I could not resist. Did it while working for a company in Cupertino in an ex-Apple building. We had ex-Apple employees that we selling their shares at a loss from their original grant price.
I knew APPL was due for a split based on history. Still, I was caught off guard by the split announcement.
Never thought I would ever oven XXX (triple digit) Apple shares. Still kicking myself for not buying the stock back after the first iPod Mini was announced. I loved that product. Then the iPhone 3G pulled me away from Microsoft, BlackBerry, Garmin Nuvi, etc...
anyway, today was a good day.
Never thought I would ever oven XXX (triple digit) Apple shares. Still kicking myself for not buying the stock back after the first iPod Mini was announced. I loved that product. Then the iPhone 3G pulled me away from Microsoft, BlackBerry, Garmin Nuvi, etc...
anyway, today was a good day.
What I like most is that revenue is starting to even up among the different segments. I think continued investments in services glue the ecosystem together and add value to the different product segments.It's because Apple's other categories are growing.
That's how percentages work...
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well I don’t think it’s lack of innovation - what he has been dlong is building up services and the new push strategy which makes the segments complement each other. If you look at Apple Silicon, the more solid movement on iPad and iPadOS, Apple Watch and what is being done in other wearables - I think he has been a great leader for Apple.
Numbers don’t lie.
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Online sales and use of services.
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Why? be like Buffet and hold for the long term. I have had my shares since the last split. I sell a few shares once a quarter to augment my social security, can't live on that alone.
That graph is sad, Apple now more of an phone company than a computer company I think the Mac is their lowest revenue stream. I understand the change but Apple was always a computer first company to me, now the mac is probably an after though to them.
and WOW...$220B in revenue a year?!
You bought stocks when the company was at its worst and facing bankruptcy? very interesting.
How much was it back then and how much is it worth now?
and WOW...$220B in revenue a year?!
Huge fanboy here that bought my first AAPL shares at age 17 or so in 1996
You bought stocks when the company was at its worst and facing bankruptcy? very interesting.
How much was it back then and how much is it worth now?
Now?
Where have you been?
Apple has been the "iPhone" company for a while.
iPhone revenue percentage has been above 60% in some quarters...
NOT Rocket Science, it's a ONE-OFF !
AAPL simply benefited from the fact that they "own" the High-End of the Market, so when their (richer than most) customers were forced to Shelter-in-Place (AND/OR Work-from-Home), many upgraded their iPads & Macs, many of which probably hadn't been upgraded in many years !
That's clearly a ONE-OFF !
AAPL (clearly) also benefited from the April 24th release of the 2nd-Gen SE, which was probably planned-for in late-2019 !
NOT a true ONE-OFF, but won't happen again anytime soon; perhaps five years from now with the 3rd-Gen SE.
The Services jump is mostly due to Game Apps !
Here, similar to the late-Dec/early-Jan timeframe of each year, so again, NOT a true ONE-OFF, but OUTSIDE of the Holiday season, it certainly is.
The UN-employed received an extra $600 per week from the FEDs during the Qtr ... how many spent at least one week's worth on AAPL products ?
Very-likely this can considered a ONE-OFF ... hard to predict the Govt here.
Very surprised NONE of the so-called Pro Stock Analysts who cover AAPL for a living didn't mention any of it.
AAPL had a great Qtr, & I hope some can capitalize like Mark Cuban did the last time things were so out of control
BTW, AAPL traded @ $192.58 on Aug 5th of last year !
You want to know the real reason they did the 1-for-4 split ?
It's to put distance between that ~$193 number & whatever it trades at moving forward !!!
Surprised NO ONE on CNBC picked up on that !
They kept asking why, what's the reason ?
Again, NOT Rocket Science !
AAPL simply benefited from the fact that they "own" the High-End of the Market, so when their (richer than most) customers were forced to Shelter-in-Place (AND/OR Work-from-Home), many upgraded their iPads & Macs, many of which probably hadn't been upgraded in many years !
That's clearly a ONE-OFF !
AAPL (clearly) also benefited from the April 24th release of the 2nd-Gen SE, which was probably planned-for in late-2019 !
NOT a true ONE-OFF, but won't happen again anytime soon; perhaps five years from now with the 3rd-Gen SE.
The Services jump is mostly due to Game Apps !
Here, similar to the late-Dec/early-Jan timeframe of each year, so again, NOT a true ONE-OFF, but OUTSIDE of the Holiday season, it certainly is.
The UN-employed received an extra $600 per week from the FEDs during the Qtr ... how many spent at least one week's worth on AAPL products ?
Very-likely this can considered a ONE-OFF ... hard to predict the Govt here.
Very surprised NONE of the so-called Pro Stock Analysts who cover AAPL for a living didn't mention any of it.
AAPL had a great Qtr, & I hope some can capitalize like Mark Cuban did the last time things were so out of control
BTW, AAPL traded @ $192.58 on Aug 5th of last year !
You want to know the real reason they did the 1-for-4 split ?
It's to put distance between that ~$193 number & whatever it trades at moving forward !!!
Surprised NO ONE on CNBC picked up on that !
They kept asking why, what's the reason ?
Again, NOT Rocket Science !
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Hopefully pretty good. I bought some back in 2010 for around $250 per share. So after they split 7 to 1 a few years later my cost basis was about $35 per share. Now they’re at around $390 per share which is well over what I originally paid and I have 7 times as many shares.
You are one strong anecdotal proof that if money were to be equally distributed penny by penny between everyone, in less than 20 years time it would tend to accumulate back again towards the masses that have managed to handle it pretty well historically (and hence accumulating wealth).
Don’t know exactly why you did what you did, hats off to that. But impressive... maybe there’s something book worthy over there.
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It's also important for being listed on the Dow. They did the 7-1 split to be listed a few years ago. Apple doesn't want to be the most influential company for the market as a whole.
How Apple’s stock influences the Dow
Apple Inc.’s inclusion in the Dow Jones Industrial Average means the divisor to calculate index changes declines slightly, meaning each component will have a...
www.marketwatch.com