Sidebar Sidebar
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.

Apple Share Price Breaches $500, Hits All-Time High

mrxak said:
Every so often, I think about buying AAPL. Every time, I don't, because it's way too much per share, and every time, I regret it later when it hits some crazy high price later on like this. I honestly think it'll keep going up, but unless they split the stock, it's going to be hard for many individual shareholders to invest.
Click to expand...

Couldn't have said it any better myself. I wanted to buy when it was $72, again when it hit $96, and again when it hit $200. When it hit $400, I said to myself "That's it, it's too much for my blood to take a gamble", and now I wish I had.

I can't believe that I didn't buy it at $96 a share... I was completely serious when I wanted to go all-in at $10,000, but friends and family told me I was out of my mind. One of my bank tellers thought I was being funny... I wish I went with my gut. I hate stocks. Bitter, sickening hate. :mad:

:)p Stupid stock market.)
 
W're going to see a drop when either the apple branded tv doesn't arrive, or when it flops.

They would have to create content licensing deals they just can't get right now to make it an attractive deal. Hulu, owned by the networks, can't even get it sorted out.

That said, it won't take much of a hit, the rumored tv is not the driving force behind this...but I think those assuming apple will make a game changer in that industry this year are dreaming.

They would have to parallel it with the set top box to attract people, and they have to get content. Tv is not a huge growth area for apple right now.
 
h00ligan said:
W're going to see a drop when either the apple branded tv doesn't arrive, or when it flops.
Click to expand...

Your pessimism aside, there has also often been a drop when stellar earnings are announced or when new successful products are released. In the grand scheme of things, it's meaningless. This thread wouldn't exist if it wasn't.
 
SkippyThorson said:
Couldn't have said it any better myself. I wanted to buy when it was $72, again when it hit $96, and again when it hit $200. When it hit $400, I said to myself "That's it, it's too much for my blood to take a gamble", and now I wish I had.

I can't believe that I didn't buy it at $96 a share... I was completely serious when I wanted to go all-in at $10,000, but friends and family told me I was out of my mind. One of my bank tellers thought I was being funny... I wish I went with my gut. I hate stocks. Bitter, sickening hate. :mad:

:)p Stupid stock market.)
Click to expand...

My mom previously worked for a broker at Merrill Lynch before she retired. She worked for him for years and he was over our house for dinner one night. My brother and I (recent college graduates at the time) got to talking about computers with him and the subject of Apple Computer came up. He said Apple was going to go under and my brother countered that with Steve Jobs coming back and the acquisition of NeXT that Apple could actually make a come back. He based his reasoning off the NeXT operating system being the basis for future Apple computers (he had no idea it would be the basis for future smartphones and tablets too). At the time the stock was at $6 and my brother and I were getting ready to buy a house together. My brother said if he was not buying a house he would be buying Apple stock. The broker thought he was crazy. Years later that broker called my mother and asked her how her son knew what was going to happen with Apple. When he made that phone call the stock was at about $100. Now looking back to that $6 per share price, it seems that the house that we bought (which he still owns) was probably the most expensive purchase he ever made with regards to opportunity costs. There is no telling whether my brother would have pulled the trigger on the Apple stock, but if he had bought 2000 shares back then instead of putting a downpayment on a house, he'd be looking at $1M today.
 
LagunaSol said:
And don't forget about the $100 billion in cash, which makes its P/E of 14 look absolutely silly. AAPL is still seriously undervalued.

Amazon's P/E is currently 138. Imagine if AAPL were trading at that valuation. We'd be talking almost $5,000 per share. :eek:

AAPL should become the first trillion-dollar company. :apple:
Click to expand...

The market provides the only statement of stock valuation that matters. Everything else is just a theory.

AAPL's multiples were over 200 for a time in the mid-2000s and remained over 100 for quite awhile in that timeframe.

My basis is under $5.00 a share.
 
SuperCachetes said:
Your pessimism aside, there has also often been a drop when stellar earnings are announced or when new successful products are released. In the grand scheme of things, it's meaningless. This thread wouldn't exist if it wasn't.
Click to expand...

You're confusing pessimism and objectivity.

In my case I most certainly hope I'm wrong.
 
It is unbelievable to look at the rate of growth of Apple's stock. What's even more incredible is that it shows no sign of abating anytime soon.
 
h00ligan said:
You're confusing pessimism and objectivity.

In my case I most certainly hope I'm wrong.
Click to expand...

You're probably not wrong. My point was it doesn't matter.

The stock might drop, and then it will go right back up. The cause (bad product, good product) is irrelevant unless there is a real trend - which one stab at television isn't going to be, in and of itself.
 
CmdrLaForge said:
What goes up must come down ;)
Click to expand...

True enough and there are two ways that can happen. They can come down fast and hard the RIM way, by getting lazy and indifferent and underestimating their competition. Or they can come down the Microsoft way, by not really introducing anything revolutionary or amazing, but just following what the rest of the industry is doing. Microsoft has coasted for almost a decade on that strategy, so even if Apple were to begin a long descent (and I'm not convinced they're anywhere near that stage yet) they would still have a good 10+ years in them.
 
h00ligan said:
You're confusing pessimism and objectivity.

In my case I most certainly hope I'm wrong.
Click to expand...

It's neither pessimism nor objectivity to predict that a stock will go up some days or weeks, and down others -- it's simply a statement of the obvious. Now if you can predict those movements with accuracy over time, then you are a bleeding genius. This facility is beyond even the most experienced trader.

So the real question is, how do you as an investor behave when stocks make big moves up or down? Do you alter your investment strategy, or do you keep your eyes planted firmly on the horizon?
 
I love seeing all the "Financial Advisors" suggestions and predictions in this thread...really tells you why none of them are millionaires.
 
IJ Reilly said:
It's neither pessimism nor objectivity to predict that a stock will go up some days or weeks, and down others -- it's simply a statement of the obvious. Now if you can predict those movements with accuracy over time, then you are a bleeding genius. This facility is beyond even the most experienced trader.

So the real question is, how do you as an investor behave when stocks make big moves up or down? Do you alter your investment strategy, or do you keep your eyes planted firmly on the horizon?
Click to expand...

Totally depends on the stock.
 
Just think how much of a thank you all owe Bill Gates.

Without that $150m Apple would have gone. Slag Microsoft all you want, but without them Apple wouldn't exist.
 
Congrats! To celebrate, how bout launching the iPad3 right away!!

Haha... I know that wouldn't happen, I just feel like Eric Cartman in the Eric wants a Wii episode of South Part.

If only it was actually cold so I could freeze myself. :rolleyes:
 
BC2009 said:
My mom previously worked for a broker at Merrill Lynch before she retired. She worked for him for years and he was over our house for dinner one night. My brother and I (recent college graduates at the time) got to talking about computers with him and the subject of Apple Computer came up. He said Apple was going to go under and my brother countered that with Steve Jobs coming back and the acquisition of NeXT that Apple could actually make a come back. He based his reasoning off the NeXT operating system being the basis for future Apple computers (he had no idea it would be the basis for future smartphones and tablets too). At the time the stock was at $6 and my brother and I were getting ready to buy a house together. My brother said if he was not buying a house he would be buying Apple stock. The broker thought he was crazy. Years later that broker called my mother and asked her how her son knew what was going to happen with Apple. When he made that phone call the stock was at about $100. Now looking back to that $6 per share price, it seems that the house that we bought (which he still owns) was probably the most expensive purchase he ever made with regards to opportunity costs. There is no telling whether my brother would have pulled the trigger on the Apple stock, but if he had bought 2000 shares back then instead of putting a downpayment on a house, he'd be looking at $1M today.
Click to expand...

Great story. But remember, the stock price hasn't been a straight uphill climb. It's been a rocky road, and would have taken some nerve to hold on all these years. I bought at $40. I remember when it hit $200, and then dropped back down to the $80s. I thought I was crazy for holding on to it.... that I was letting my heart rule my investments. Turns out I was crazy for not buying more.:(
 
G4DP said:
Just think how much of a thank you all owe Bill Gates.

Without that $150m Apple would have gone. Slag Microsoft all you want, but without them Apple wouldn't exist.
Click to expand...

This folklore just doesn't want to die. At the time Microsoft "invested" in Apple, they still had around $1b in cash.
 
Mazeman said:
Great story. But remember, the stock price hasn't been a straight uphill climb. It's been a rocky road, and would have taken some nerve to hold on all these years. I bought at $40. I remember when it hit $200, and then dropped back down to the $80s. I thought I was crazy for holding on to it.... that I was letting my heart rule my investments. Turns out I was crazy for not buying more.:(
Click to expand...

Always prudent to buy on the drops and sell on the rises.

What worries me...and I said this in another thread...is that essentially NOBODY is talking of AAPL dropping, only that the sky's the limit. When everyone is bullish, that's usually the point at which a stock makes a terrible drop. (Of course, I'd recommend buying on that drop, LOL) Usually that drop comes from an unusual source...something that no one has been looking at...could even be a natural disaster or something like that, but it does nearly always happen.

Can anyone link to any negative press/opinions/stories about AAPL stock? I haven't found any recently and that is a major red flag. I'd love to read some.
 
You must log in or register to reply here.
Register on MacRumors! This sidebar will go away, and you'll see fewer ads.
Top Bottom
Back