Apple Stock Hits All-Time High on Earnings Strength

[rdowns]

But every other time Apple has announced record profits their stock has gone down. What's new this time? Are big investors just finally getting a clue to the fact that Apple's been on a roll for several years now? It's nice to see, but I no longer hold Apple stock. :-(

I think it's combination of things.

People are starting to get Apple.
They didn't go crazy low ball on next quarter's projections.
iPhone is still in huge growth mode.
Expected tablet.
The results in this economy were just amazing.
Their current product line is probably as solid as it's ever been.

 

[Small White Car]

The Personal Computer is dead, long live the Personal Computer!

I agree with everything, you said, btw, I just thought that quote was interesting.

jW

I meant to type "portable" there...but screw it...you're right. "Personal computer" applies much MORE to an iPhone than a desktop!

They named the last ones wrong and now we're stuck.

 

[agbot]

Oh, that's right, zero. Because Jobs and the senior execs are too busy looting the value of the company with stock options, and idiot-shareholders get nothing, but a pretty number on stock ticker.

I have a feeling that AAPL longs are probably content with their returns and aren't worrying about, what, 0.5% in dividends?

 

[Amdahl]

So I don't know. Hold on or sell...I can tell you one thing I wouldn't buy it at this price! So, I thought to myself if I wouldn't buy it at this price maybe by that logic I shouldn't keep it at this price? Argggg.....greed vs. safety....

When a stock has no dividend, then if you wouldn't buy it at the current price, you'd best be a seller.

I have a feeling that AAPL longs are probably content with their returns and aren't worrying about, what, 0.5% in dividends?

A stock that doesn't have earnings is a bubble, a Ponzi-scheme. You buy ONLY on the hope that someone will come along later and pay more for the nothing. Kind of like the way houses went.

 

[bbh]

In 2005 I sold a chunk of Apple stock to buy a Subaru Outback. Nice to know that I now own a $100K Subaru.

Might as well bling it out!

Yeah, I did the same thing in January 2008. 300 shares to buy a Mercedes CL55 AMG.

 

[bbh]

Amazing, this stock shows no resistance. This quarter should be a blow out with so many new toys to buy for xmas. And then we have the tablet to drive growth next quarter (I hope).

My unrealized gains on my AAPL stock- 1,749.01%

Mine's 2580% and I still have 800 shares. I sold 300 in January 2008 to buy a Mercedes. I loooovvveeee Apple.

 

[powers74]

Hot damn

Coulda doubled my money.

 

[joshfoth]

Yeah, I did the same thing in January 2008. 300 shares to buy a Mercedes CL55 AMG.

Hopefully you sold on the high end of January '08! The stock swung from 194 to 130 that month!

 

[synth3tik]

When I got laid off last fall I dumped have the stock I had in my employer and bought up some more Apple stock, now I am really glad I did.

 

[agbot]

A stock that doesn't have earnings is a bubble, a Ponzi-scheme. You buy ONLY on the hope that someone will come along later and pay more for the nothing. Kind of like the way houses went.

I don't have any particular religious convictions regarding dividends either way, but continuing the conversation...

Certainly you could view the entire market as a ponzi scheme. It’s not like when you buy a stock from some company they send you gold bars of equal value in the mail. How does a dividend mitigate your risk? Say you were just paid 1% of your original investment in dividends. You want to recoup the other 99% of your original investment right now? You’ll have to “hope that someone will come along” and buy it at the right price, same story as before.

I imagine Bernie Madoff was perfectly happy to cut small checks ("pay dividends") out of fixed income accounts to prolong his ponzi scheme.

 

[Unspeaked]

I've got plenty of opinions on both the quality of Apple as a corporation and an investment, but let me just say this: when a company's stock reached the levels of saturation that Apple's has in regard to analysts, pundits and the media saying it's can't miss, it's usually approaching the beginning of the end.

Now I don't know if that's the case with Apple, whose shares have never really followed any pattern or formula, but it's just something to think about.

 

[Peace]

I've got plenty of opinions on both the quality of Apple as a corporation and an investment, but let me just say this: when a company's stock reached the levels of saturation that Apple's has in regard to analysts, pundits and the media saying it's can't miss, it's usually approaching the beginning of the end.

Now I don't know if that's the case with Apple, whose shares have never really followed any pattern or formula, but it's just something to think about.

I agree. Only because brokers are gonna start selling to make money and that will bring the price down.

 

[Bubba Satori]

I agree. Only because brokers are gonna start selling to make money and that will bring the price down.

Brokers make money when they sell and when they buy.

 

[Peace]

Brokers make money when they sell and when they buy.

I realize that concept

I was referring to the stock price. When brokers start to sell Apple stock it always starts to decline.

 

[Flynnstone]

Where are the comments about that Dell should ...
"I'd shut it down and give the money back to the shareholders."

 

[musukosan]

Apple's stock price has hit an all-time high today, surging over 4% at the moment to top $207 per share. The peak eclipses Apple's previous high set in late December 2007.

Irony: I was planning on selling my AAPL stock to buy a new iMac...

 

[kockgunner]

I was going to buy some of this when it was at 80. God damn.

Me too! I want to kill someone for my complacency. I was just too lazy to get into the market business and learn all the ropes since I'm only a college student.

Also, why would you sell your stocks when it got so low? It's not like Apple would go out of business...

 

[cameronjpu]

Yes, because booming iPhone and Mac sales - while the overall economy is in the pits - surely spell doom for the company.

If the iPhone comes close to being anything like the iPod of mobile phones, AAPL has a long rise ahead of it. Then factor in all the inevitable Mac sales that go along with that.

See you at $300.

You've confused Apple the company with AAPL the stock.

 

[Unspeaked]

Also, why would you sell your stocks when it got so low? It's not like Apple would go out of business...

The stock market is not always rational.

$80 isn't really that low in the scheme of things, and at any given point any stock could be at a value it will either never reach again or never drop to again. That's where research comes into play.

Every time a stock sells, someone is right and someone is wrong; it just takes a little time to figure out which is which!

 

[Drag'nGT]

I guess I should have spent my $2k on Apple stock instead of buying that CD last year.

I guess I'll be watching that stock ticker on my iPhone more often. lol

 

[cameronjpu]

And that's where this comes in. Walmart and J&J are huge, but have very little breathing room to grow larger.

Your argument is fallacious.

See, if Apple is worth more than those other companies because it can grow, then once it DOES grow to the point where it can't grow any more, THEN what is it worth?

Go ahead and buy buy buy. But you'll be waiting a long time once it goes back down past $200 for it to get back there again.

 

[Unspeaked]

I guess I should have spent my $2k on Apple stock instead of buying that CD last year.

I guess I'll be watching that stock ticker on my iPhone more often. lol

If that $2k is all you had, you're probably better off with it in a CD. No one should put money into a stock - any stock, Apple included - that they can't afford to lose.

 

[cameronjpu]

But every other time Apple has announced record profits their stock has gone down. What's new this time? Are big investors just finally getting a clue to the fact that Apple's been on a roll for several years now? It's nice to see, but I no longer hold Apple stock. :-(

First, it doesn't go down every other time. It's just the whiners around these message boards who claim it does. But the reason any stock moves up or down on any given day is because a preponderance of people are surprised either positively or negatively about some news. When Apple goes down after supposed good news, it's because enough people already expected BETTER than that, and had already pushed the stock up accordingly. So when the actual results are not as good as many expect, they sell it.

 

[Nickygoat]

I really wanna buy shares in AAPL, if anyone knows a good UK Stock broker, please PM me!

If you're actually serious, try these:

Etrade, as already mentioned.

Selftrade

Hoodless Brennan

TD Waterhouse.

Depends on what you want with the stock(s). Regular trades or investments (AAPL don't pay a divi IIRC).

 

[Drag'nGT]

If that $2k is all you had, you're probably better off with it in a CD. No one should put money into a stock - any stock, Apple included - that they can't afford to lose.

I had twice that but I only put $2k in the CD because of how crappy the rates were. I put the other in a high yield savings account. Either way I'd have been smarter putting it in Apple stock. I got to chatting with family about it and they convinced me not to. Last time I take their advice.