While I think it will be a while until they reach the 1 trillion market cap, a party would be nice.
Can it be a shareholders only party?
Exclude customers? Not this shareholder.
While I think it will be a while until they reach the 1 trillion market cap, a party would be nice.
Can it be a shareholders only party?
Congratulations on your wisdom, especially in the dark days of the early 2000's, when Apple got the cash infusion from MS. During the not quite as dark days of 2012-2013, it was hard to hold on to that 16:1 ratio, even as my friends (we have an "investing club" at work, where the winner verbally clubs the rest with their investing prowess), and my quote always was (and is): "you only realize a loss when you sell."PE is a measure of valuation, but even so, what the markets consider to be "right" for any given company is going to be based less on their sector and more upon their earnings growth rate, current and anticipated.
Nobody knows how the whole thing works. Even going down that road leads to madness. If you invest with your own objectives always in mind, and don't try to time or otherwise outguess the market, you will be a much happier investor.
AAPL investor since 1997, BTW.
----------
Congratulations on your wisdom, especially in the dark days of the early 2000's, when Apple got the cash infusion from MS. During the not quite as dark days of 2012-2013, it was hard to hold on to that 16:1 ratio, even as my friends (we have an "investing club" at work, where the winner verbally clubs the rest with their investing prowess), and my quote always was (and is): "you only realize a loss when you sell."
Steve's legacy lives as far as creative genius, but Tim Cook has managed better growth from Apple since Jobs' death. Doubt that? Check it out via the charts, or any financial reporting organization.
In fact just today, CNBC was discussing that very fact.
Are millions going to rush out & buy the watch on Day One? Probably not, and Apple isn't hanging the entire company's future on that either. Give it time!
Look at the hugely slumping Android sales this past quarter vs the increase in iOS. No contest & it's going to continue like that especially with Apple's cash reserves to do what they wish.![]()
Same difference. The markets take into account everything known about a stock in current pricing, including anticipation of the future. Anyone who says a stock should be selling for something different right now, is simply engaging in a fantasy. Either that, or they believe they are wiser and more informed than the entire rest of the market combined (also a fantasy). Either way they should either act on that belief or keep their opinions to themselves. But as you and I know, the vast majority of posters here who comment on AAPL being either over or underpriced are not putting any of their money on the line.
they can afford to pay their regular employees a little more. but they don't, and expect them to work long hours and hardly any days off. they hardly get by whats legal. and i don't mean sales people. i mean people who work at the genius bar who fix things you bring in. you realize they get paid about the same as someone who doesn't know that much just selling you something.
who the hell cares.
If the job was that terrible, than nobody would be working there. Its supply and demand, even in the job market.
Also, its not too difficult a job to be an apple retail store employee, even a "genius". Something tells me they are paid ok for the jobs they have.
As for apples share price, i believe i have a pre adjusted price now under $6 a share. I don't think i'll ever sell, unless innovation completely comes to an end......which i dont see anytime soon.
Apple will eventually have a strangle hold on your home ( tv, entertainment, home monitoring, appliances ect.. ), your car and how you interact with it and if apple and the iwatch can get health and wellness all on one page ( errrr, on one device ), than the amount of profit and sales that they will generate......well, it will be absolutely mind boggling
Again, not selling anytime soon.
In theory, present value of future earnings (what people believe them to be) would be the value of the stock. But, for tech companies in certain volatile sectors, anything beyond 2-3 years is highly speculative, so market sentiment and confidence in the C level team about what happens beyond this rather close horizon plays a huge part in how the stock is priced.
That sentiment may or may not reflect reality. Considering how Apple was priced 18 months ago, I'd say the market has no idea how to price Apple in general.
Wall Street doesn't really understand what differentiates Apple from the rest of their competition, which means that the stock often doesn't reflect the true ability of the company to generate future profits. It reflects this capacity for profits only when they actually materialize (like right now) in a sort of knee jerk reaction which explains the fact that the stock's value doesn't rise in a continuous manner, but in large sweeping fits.
A person who gets Apple could take advantage this market inability to understand it, to actually make a decent amount of money.
Just to make me more depressed,
Can someone work out how much $5,000 of shares are worth today if purchased back in 1997?
Does Microsoft or bill gates personally still have stocks from the investment made years ago? If so could it be possible Gates made more money from Apple than MS?
Sure, but for most companies, predicting anything beyond the next couple of quarters is pretty dicey.
Of course market sentiment plays into stock values, but then sentiment is based on what is known and what is forecasted. Sentiment gets priced into all stocks. When AAPL got pounded a couple years back, it was actually for a perfectly good reason: earnings were declining. The only way you, as an individual investor, can beat sentiment is to hang tough when the ride gets rocky, assuming you think the company is fundamentally sound. It sure doesn't help to blame the markets for "getting it wrong" any more than it helps to howl at the moon.
----------
It depends when you bought exactly of course, but AAPL could have been had in 1997 for around $15 a share. Your $5,000 translates to around 333 shares. After two, 2:1 splits, and the last 7:1 split, your holding would be 9,325 shares today, worth around $1.16 million.
----------
.
Lots. But that's like daydreaming winning the lottery.Just to make me more depressed, Can someone work out how much $5,000 of shares are worth today if purchased back in 1997?
Just to make me more depressed,
Can someone work out how much $5,000 of shares are worth today if purchased back in 1997?
Right now Apple is valued twice as much as Google.
Can't keep going up. Nothing lasts forever. Has to start falling again at some point once iPhone sales start to level off.
Expect profits to fall dramatically once the tax authorities around the world get their act together and put an end to Apple's worldwide tax avoidance.
Who cares. I'm more interested in Apple innovating and producing products. Its all great that their stock is doing well, but since I'm not an investor but rather a customer it matters not that apple is beating google in this facet.
Keep this very important difference in mind.Millions buying the watch on day one? Hmmm. I don't know. Lines around the block? Yes, I guarantee it. Reports of folks lining up with start at least a week before the release. The iPhone sales are not driven by crazed fanboys. But there are enough of those to swap a release of a new product. This is especially if there is any hint at supply constraints. Or even if there is no hint. There are at least thousands of people in any city who will want to have it first. They will show up and get online.
If there is no supply constraint, then I expect a million sold in pre-orders. Easily more.
Your stock price=reflect the information in the market is probably the worse investment myth around. There is no perfect information flow (or absence of information flow, a more prevalent form of "information), more like hotspots, freeways, small slow roads and places were certain information doesn't reach at all. The quality of the information itself is highly variable and is timing sensitive.
Even if there were perfect information, the user of this information is not a rational being and investors are not uniform in their motivations, capabilities, history, demos, etc. Investors also harbor all sort of psychological biases (probably dozens) that come into play in how they parse the market.
You talked that Apple earnings slightly declining explained why people had the stock price were it was. Well, that's the problem. One of the first thing learned doing a valuation, is that you should not take current performance as sole measure (or even the biggest measure) of how a company/stock should be valued (too many people do). It may happen that this decrease reflects some major inherent weakness in the company, but that should be the deciding factor, not current earnings.
This is especially the case in a fast moving field like tech and a company with a very particular business model like Apple. An atypical company warrants a much closer examination, which analysts seem way too lazy to actually do.
Interestingly enough, the way Amazon is valued seems completely different than Apple's. They both have some entrenched position (for apple, brand loyalty and ecosystem), yet Amazon gets valued very highly despite not being that profitable and future profitability being constrained by small profit margins and fierce competition on its own turf (like Alibaba). That alone tells you investors are not rational beings. Well, we knew that hey ;-).
---
The perfect market that's been a part of the conservative ideology for a very long time, doesn't exist and never has : heavy market distortions are the norm, not the exception. Heavier regulations could smooth some of it, but not all of it.
Coulda
Woulda
Shoulda
none of your non-investments will make any sense, and it's a spiral into despair if you look at what you could have, would have, or should have done.
Here's how I look at investments:
If an investment is going up, it really doesn't matter when you get on the (proverbial) elevator, it's still going up. If you get on at the bottom, it'll be a fun ride to the top, but no one knows, for sure, where the top is. Those that sold at $119 around Thanksgiving just missed out on $5 of growth. Those that didn't buy at $105 a couple of weeks ago missed out on 18% growth.
If you're looking for that magical stock, start looking at the penny stocks now, and 16 years from now, hope it goes to $800/share. You only have slightly less odds playing PowerBall.
One last thing: Who is to say that, if you get those penny stocks at $8/share, you won't bail when it gets close to $600, then drops to $350?
It's better to invest wisely, than try to be lucky.
Last surge before the collapse.
The Apple Watch will start a chain reaction of questionability about Apple products that people will go elsewhere for the same performance & experience at a lower cost.
Just like last time Steve left, it's only a matter of time before Apple kills his legacy.