Anyone watching this idiot on CNBC? Clueless doesn't begin to describe him.
Anytime you want to see negative Apple press just visit CNBC. It's been that way for a long time.
Anyone watching this idiot on CNBC? Clueless doesn't begin to describe him.
Yeah, but Apple is doomed.![]()
7 for 1 split means that if you currently own 1 share of stock and the value is $700, then it becomes 7 shares with a value of $100 each. The total value of your shares remains the same.
Dividends will also be adjusted and are typically calculated as a percentage of the individual share price.
This is the best news I have heard in a while and something I have been waiting for for a long time. While it has no realistic change, the mental change can be huge, as individual investors would be far more willing to buy 10 shares for $500 vs 1 share for $500.
And awesome quarterly results.
Supply constraints? No way.I'm curious to know the reason behind the iPad miss. Supply constraints or people aren't buying. I find that really curious. It will be interesting to hear what they say.
As for the stock split - splits are largely meaningless. They don't affect the value of the company. The dividend will be 1/7 of what it is now. About the only advantage is that buying a few shares will be a bit more accessible at ~$75 instead of ~$525 for people who don't buy large chunks at a time.
iPhone sales beat handily and iPad sales missed badly. I wonder how the Street will take it. 7:1 is an odd ratio for a stock split.
Yay I'm getting more shares. And Wall Street just sent AAPL up by 8%.
7 for 1 split means that if you currently own 1 share of stock and the value is $700, then it becomes 7 shares with a value of $100 each. The total value of your shares remains the same.
Dividends will also be adjusted and are typically calculated as a percentage of the individual share price.
This is the best news I have heard in a while and something I have been waiting for for a long time. While it has no realistic change, the mental change can be huge, as individual investors would be far more willing to buy 10 shares for $500 vs 1 share for $500.
And awesome quarterly results.
The new price after split puts it in range to be a Dow stock!
iPhone sales beat handily and iPad sales missed badly. I wonder how the Street will take it. 7:1 is an odd ratio for a stock split.
Looks like iPod is on it's last legs - I just wonder when apple will cut the iPod![]()
So do you think we get the dividend before or after the split?! Because that goes from 3.29(x) to 3.29(7x) (Forgive me if thats wrong, Its been a long times since i've been in a math class...)
Looks like iPod is on it's last legs - I just wonder when apple will cut the iPod![]()
can't wait to hear Icahn the vampire react to this![]()
How can iPhone sales be so good when they all run iOS 7?![]()
Why cant we just ignore all those types. Nothing Apple does is good enough for them anyway. Let them wail away about how crappy iOS 7 is in their warped opinions. Let them stay on iOS 5 or 6 until their batteries melt. They are in the tiniest minority, voices fading into the ether.
As soon as Apple gets listed in the DOW, this baby will be hitting the big time. It might happen pre-split too.
I, too agree with many others here that having the share price under $100 will definitely generate many more buyers to Apple shares.
Is it psychological, heck yes! BUT, it works miracles on stock prices over time when the company is strong. Apple is way strong with lots coming out in the very near future.![]()