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Apple Stock Hits All-Time High on Earnings Strength

I think Apple has 2 things to be thankful for the two things 1. the huge hit of the iPhone and the app store lets face it in my opinion the phone wouldn't have been a huge successes without the app store and second the Huge Failure of Vista i think that made alot of people jump over to macs now the question is can Apple hit 300 :)
 
I tried to buy when it was $13 a share. Unfortunately I was too young and didn't have enough money to interest a broker in the uk at the time. This was before e-trading and the like. The stock has split twice since so that equates to just over $3 a share.
 
agbot said:
Certainly you could view the entire market as a ponzi scheme.
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I do.

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.
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You have described the situation perfectly. So, you should ask yourself, why am I buying this stock? A stock should be yielding much better than government bonds. A dividend of less than 5% today is crazy. A 30 year old company with a zero dividend is ridiculous. Buying a stock today because you hope it will go up tomorrow is nuts. You buy it because it has a good dividend OVER TIME, and if it goes up as well, that's just a bonus. If it goes down, no big deal. You were buying the dividend. If the dividend goes down, then you're mad. This is how stocks used to be bought until Gordon Gecko took over Wall Street.

I imagine Bernie Madoff was perfectly happy to cut small checks ("pay dividends") out of fixed income accounts to prolong his ponzi scheme.
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Yes, this is what government regulation is supposed to be about. A good Ponzi operator will do exactly what you just described. http://fabiusmaximus.wordpress.com/2009/02/24/monkeys/

flynnstone said:
Where are the comments about that Dell should ...
"I'd shut it down and give the money back to the shareholders."
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The problem is, Michael Dell isn't wrong, financially speaking. The theoretical stockholders would be in no worse position than they are now, because Apple has issued no dividends over that entire time, and still issues no dividends. The only difference is, the actual stockholders in 1997 have been able to sell their stock for more money to bigger idiot stockholders in 2009. Taking out that Ponzi element, nothing has changed. Unless you're Steve Jobs, who was given new shares that he can then sell to the idiots for actual money. All the profits are going out the door to the executives.
 
Sigh. Had AAPL when it was about $68 bucks a few years back. Off'd it at about $130 and got out of stocks completely. My mutual fund has about 30% in aapl. I still get a taste of those profits, but not the full blast. AAPL will turn into a google.
 
This just in: People with higher incomes have large cash reserves and continue to buy expensive toys even during an economic downturn.

Film at 11. ;)
 
voyagerd said:
My entire cash reserve is in Apple stock. I need to find a job so I can put more money into it.
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I mean having Apple stock is an obviously smart move as of late but isn't that just a wee bit risky :D

Apple made a very smart decision to just target the $60k+ income bracket because, as proven, we keep spending even in a recession. (Parents sending kids to Yale can't let them leave with a Dell now can they?!)
 
ob81 said:
Sigh. Had AAPL when it was about $68 bucks a few years back. Off'd it at about $130 and got out of stocks completely. My mutual fund has about 30% in aapl. I still get a taste of those profits, but not the full blast. AAPL will turn into a google.
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Hilarious!

I don't suppose you've seen a long term chart of Google recently?

GOOG hit $465 at the beginning of 2006. Since then, it's gone up and down a lot, and currently, after a HUGE run, is 18% higher than it was then.

You'd better hope Apple doesn't turn into a Google, but for people who are jumping in today, you can expect that that's exactly what will happen.

And you might not know this, but Apple is already worth MORE than Google is. Both will head back down once this market hits its peak, which may very well be past us already anyway.
 
RebootD said:
I mean having Apple stock is an obviously smart move as of late but isn't that just a wee bit risky :D

Apple made a very smart decision to just target the $60k+ income bracket because, as proven, we keep spending even in a recession. (Parents sending kids to Yale can't let them leave with a Dell now can they?!)
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It was only $1300, and Apple’s been looking really good. If only I could get them to hirer me.
 
voyagerd said:
My entire cash reserve is in Apple stock. I need to find a job so I can put more money into it.
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And I bet you think the investment banks who bet the farm on derivatives in the past 3 years made really bad financial decisions, huh?
 
voyagerd said:
It was only $1300, and Apple’s been looking really good. If only I could get them to hirer me.
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Doesn't matter how much it is - if it's your entire cash reserve, it's crazy to hold it in one very volatile stock. It doubled in 6 months. What usually comes after that?
 
It would be interesting to find out how many of the pontificators on Apple's success/overvaluing (delete as polarised) can explain, with a formula, how Apple's stock price comes to be precisely as it is. Non-specific answers such as "it's about supply and demand" and the qualitative "it depends in some way on x,y,z" will receive no marks.
 
ob81 said:
Sigh. Had AAPL when it was about $68 bucks a few years back. Off'd it at about $130 and got out of stocks completely. My mutual fund has about 30% in aapl. I still get a taste of those profits, but not the full blast. AAPL will turn into a google.
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Another stock bubble with no dividend.

cameronjpu said:
And you might not know this, but Apple is already worth MORE than Google is. Both will head back down once this market hits its peak, which may very well be past us already anyway.
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Yeah, but Apple is still the better deal. You're paying less per share for the same yield. ;)

Veri said:
It would be interesting to find out how many of the pontificators on Apple's success/overvaluing (delete as polarised) can explain, with a formula, how Apple's stock price comes to be precisely as it is. Non-specific answers such as "it's about supply and demand" and the qualitative "it depends in some way on x,y,z" will receive no marks.
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"Well, you see, markets are rational... and with some fancy formulas, we can make billion dollars bets on everything, playing both sides, and never lose money... Oh, uh, anybody got a few trillion dollars they can spare?"
 
Amdahl said:
Another stock bubble with no dividend.

Yeah, but Apple is still the better deal. You're paying less per share for the same yield. ;)
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That might be the dumbest argument I've ever heard.... I hope you're kidding.

If not, allow me to suggest some new numbers to put into the formula you've just used for determining that Apple is a better deal.

Buy 5 Apple shares or
1 Google share

Which of those two options is a better deal?
 
Really regret not buying Apple stock in December. I was so close t buying a few shares. Could have paid for a brand new iMac :rolleyes:
 
Amdahl said:
When a stock has no dividend, then if you wouldn't buy it at the current price, you'd best be a seller.

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.
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Ha! Tell that to Berkshire Hathaway and Warren Buffet. In stead of paying dividends, Warren decided to reinvest the money into the company - result the stock is now at around 100,000 a share ....

You forget that as a shareholder, your buying a piece of the company.
 
If apple only has less then 10% PC market-share, how come their MC is so huge? Yes, I realize that apple makes other products, but seriously, if they even had 25 % PC market share, would they be the largest company in America? 40 billion dollars is all that separates the market caps of AAPL and MSFT. MSFT has 9 times the market-share, but is only worth 40 billion more?
(yes, yes... i know thats a lot, and yes, Apple makes other stuff and Microsoft pretty much only makes an OS).
How can this be?

</talking about something i dont know very much about>
 
Diode said:
Ha! Tell that to Berkshire Hathaway and Warren Buffet. In stead of paying dividends, Warren decided to reinvest the money into the company - result the stock is now at around 100,000 a share ....
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That is the exception, not the rule, for Berkshire Hathaway. Sometimes it is the right move. And right now, with many things going for firesale prices, I'm sure Buffet is able to acquire high yield (i.e, dividend paying) assets are great prices.

You forget that as a shareholder, your buying a piece of the company.
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What is the point in buying a company that doesn't put money back in your pocket?

techfreak85 said:
If apple only has less then 10% PC market-share, how come their MC is so huge? Yes, I realize that apple makes other products, but seriously, if they even had 25 % PC market share, would they be the largest company in America? 40 billion dollars is all that separates the market caps of AAPL and MSFT. MSFT has 9 times the market-share, but is only worth 40 billion more?
(yes, yes... i know thats a lot, and yes, Apple makes other stuff and Microsoft pretty much only makes an OS).
How can this be?
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Simple. People think they are buying the next Microsoft, Amazon, or Google. But they forget, there is already a Microsoft, Google, or Amazon. And those companies still don't pay decent dividends. (Microsoft, at least, does pay one, but too small.) It's just a smaller version of the dot-com bubble.
 
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