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Apple Stock Hits All-Time High on Earnings Strength
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techfreak85
macrumors 68040
The majority of sales for Apple are in iPhones, so that is the market to watch. 50% of Apple sales are international and I expect that to continue or increase as I think the International market for Apple's iPHone is just beginning to go through the roof and will continue well into next year. Now what effect will all the Kindle style readers and Android Phones have on Apple's market as they come on next year? It could go two ways:
1. It could hurt Apple table and iPhone sales. Or
2. It could fragment the market, driving even more people to Apple products.
I think it will only strengthen Apple's market share as a premium brand, and there is no doubt this update of the iMac line has re-positioned Apple as the top end product line. People don't want to say "I bought the cheapest computer"; they want to say "I bought the coolest computer!". Jobs has long understood this principle from the very earliest days at Apple.
1. It could hurt Apple table and iPhone sales. Or
2. It could fragment the market, driving even more people to Apple products.
I think it will only strengthen Apple's market share as a premium brand, and there is no doubt this update of the iMac line has re-positioned Apple as the top end product line. People don't want to say "I bought the cheapest computer"; they want to say "I bought the coolest computer!". Jobs has long understood this principle from the very earliest days at Apple.
Rot'nApple
macrumors 65816
Meanwhile Jim Cramer of Mad Money said to buy Apple stock on Tuesday because of the iPhone Inventory issues story... Tuesday comes, Apple stock up, Wednesday comes, Apple stock Hits All Time High, Thursday comes and Apple stock will take a breather I bet, even though Cramer said that Apple's stock should rebound by weeks end from the expected dip it would have supposedly taken on Tuesday. 😱
Everyone here should e-mail Jim Cramer's Mad Money site and ask Cramer specifically which Tuesday was he talking about... He wasn't date specific on his Monday night show! 🙄
I wonder what other money making, investment yielding tips will Cramer spew next?!
Everyone here should e-mail Jim Cramer's Mad Money site and ask Cramer specifically which Tuesday was he talking about... He wasn't date specific on his Monday night show! 🙄
I wonder what other money making, investment yielding tips will Cramer spew next?!
Unprocessed1
macrumors 65816
Jim Cramer is a total hit or miss, but the updated iMacs are probably going to give Apple an even bigger boost for the next couple of weeks.
Jason Beck
macrumors 68000
SIGH. Someday when I stop being a poor college kid I will invest. For now it's Top Ramen! Well not literally, I don't eat that sodium loaded junk. Hahahha.
But it does taste good!
But it does taste good!
So my parents are financial advisors and i gave them a thousand to buy in when it was at 167. well they forgot(they are very busy, which is good) and it wasnt bought til it was 185. I will never forgive them for this lol. so mad!!
LagunaSol
macrumors 601
You're buying a piece of a company. When that company becomes more valuable (due to increased profits), so does your piece. When you sell your now-more-valuable piece, you make a profit.
Doesn't seem that complicated to me...
Mariusz1977
macrumors member
To equate the stock price with the success of the company is falacious when the stock DOUBLES in 6 months. Clearly we're going through another bubble that's not based on fundamentals. With the dividend model of investing the entire stock market pre-crash should have been around DOW 5000. Now even less with companies ceasing dividends.
The house always wins with degenerate gamblers, the stock market is sadly now the same 🙁
The house always wins with degenerate gamblers, the stock market is sadly now the same 🙁
LagunaSol
macrumors 601
You fail to consider how much the stock fell before it climbed back up. We're only back to the level it had reached many many months ago, and Apple is even more profitable now than it was then. So the bubble argument seems to hold little water in this particular case.
If there are no dividends, then what profits are you talking about? You think somebody is going to buy your shares at a higher price to share in the zero profits you receive?
Yes, exactly. The whole market is still WAY too high.Mariusz1977 said:
Oh, so it's only half a bubble now?LagunaSol said:
pimentoLoaf
macrumors 68010
When it hits 250, I'll sell 100 shares and pad my savings account with a little extra, then get some needed house and yard fixing done come next spring.
I promised myself that if it passes 300, I'd sell half of what I have left and diversify -- and that would be a helluva lotta diversifying. 😎
I promised myself that if it passes 300, I'd sell half of what I have left and diversify -- and that would be a helluva lotta diversifying. 😎
Now is the time to buy if you're going to short sell. I think the Droid is going to cause more troubles than the fanboys believe.
AAPL is a fantastic investment even at it's current price.
It's a quasi-diversified tech company (computers, cell phones, music) and it dominates in all that it touches. It's earnings are fantastic, it's balance sheets are fantastic and it's future looks bright as it continues to have increasing growth in market share (in all aspects of it's business).
I rode it from $120 to $150, and reloaded at $170 with the intention of selling at $200. At this point I doubled up my AAPL position at $198 and I'm headed to $250 which I predict will occur around the holiday season unless something huge happens (stock market crash, banks fail again, war, etc...).
In 6-9 months we might see this pass the $300 mark.
Don't believe it could keep climbing?
Look at Google. ($550)
Pos. Long AAPL
It's a quasi-diversified tech company (computers, cell phones, music) and it dominates in all that it touches. It's earnings are fantastic, it's balance sheets are fantastic and it's future looks bright as it continues to have increasing growth in market share (in all aspects of it's business).
I rode it from $120 to $150, and reloaded at $170 with the intention of selling at $200. At this point I doubled up my AAPL position at $198 and I'm headed to $250 which I predict will occur around the holiday season unless something huge happens (stock market crash, banks fail again, war, etc...).
In 6-9 months we might see this pass the $300 mark.
Don't believe it could keep climbing?
Look at Google. ($550)
Pos. Long AAPL
NightFox
macrumors 68040
Sorry, but do you really think Apple is stealing any of Microsoft's thunder?
http://news.bbc.co.uk/1/hi/technology/default.stm
pooryou
macrumors 65816
NightFox
macrumors 68040
"Somebody", or the market will always buy shares. It's just the price that's the issue. And currently people are willing to buy these shares at $204.92, because they see potential for income through either dividends or future share price increases. The share price isn't arbitrarily set by someone, it self-regulates based on demand. So if no-one was going to buy at this price, the price would keep dropping until people did start buying.
Cinematographer
macrumors 6502a
+1
And by the way: Of course Apple sits on a huge pile of cash now. If Apple gave the money back, they would signal: we have no clue what to do with all the money. But they keep it, cause they want to invest it in future products. And that's what really counts.
kockgunner
macrumors 68000
Oh, I thought that when you sell your stock, it just goes back to the company or in a pool of shares or something and you automatically get your profits. Do you have to wait for someone to buy your stock in order to get your cash?
DMann
macrumors 601
Long since 2002 - sold in 2005 after split, and repurchased more that spring when the price came down, with plenty of 'profit' to spare - this one ought to be a good ride. MS, the flat-line that it is, can keep their measly dividends.
Cinematographer
macrumors 6502a
It's called the stock market. 🙂 You tell your bank or broker to sell the stock at a certain price. If there is a buyer, you instantaniously get your money. If there isn't you can try to sell at a lower price. That's what all the stock quotes are about.
NightFox
macrumors 68040
Or, to keep it simple, you just tell your broker to sell and he will do so at the current market price (i.e. $204), so your sale will be more-or-less instant. There's obviously just a little bit more to it than that, but that's it in its most simple form.
The stock price is the price that people are currently buying and selling that share for. People don't tend to buy and sell direct from each other, they buy and sell from the market. If the market has lots of shares (i.e. more people selling than buying), then the price goes down until more people buy. If there's not enough for people to buy, then the price climbs until enough people sell. However, it's like water finding its own level so none of this physically happens, the numbers just constantly change to maintain a state of balance.
There are some threats though, Windows 7 should stop the bleed of customers who don't like the dreadful Vista, and it looks to be a good product in its own right, The i phone remains expensive and the ipod, is becoming more about up-grader's as haven't we all got one now?
