You rang?
Sorry, more than three shares. And purchased way later than 1985, sadly.
Have a nice day, Dooger! Say hi to your buddy, Kernkraft. See you at $400!
Apple Stock Opens Trading at $300 Per Share
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Sorry, more than three shares. And purchased way later than 1985, sadly.
Have a nice day, Dooger! Say hi to your buddy, Kernkraft. See you at $400!
Nonsense. They mentioned something about a possible refresh of the MacBook Air a couple of weeks ago.
'Twas a good whine though. It wouldn't be MacRumors if there aren't any caterwauling snivelers griping about the lack of Mac news (or rumors).
CylonGlitch
macrumors 68030
I sold at 280 also; but I did buy back in at 240.
Just not as much as I did before. I am considering selling off by the weekend though; the ramp up seem too fast, there is going to be profit taking soon.
Adidas Addict
macrumors 65816
Hitting the milestone of $300................ too late to buy in?
That's a tough one.
I would wait for it to get a little higher, or hold onto it long term.
The title of the MacRumours web page is really quite clear on the content you can expect to find on it.
Wait for a drop. The stock will increase thereafter, significantly.
You rang?
Sorry, more than three shares. And purchased way later than 1985, sadly.
Have a nice day, Dooger! See you at $400!
Every time you mention your three shares I'm forced to remind you that I don't have to dabble in your glorified gambling as I make plenty of money every day in surgery. Makes me feel superior that I make money based on my own intelligence and talent rather piggybacking on the ability of a cut-throat multinational to screw a poor country into slave labour.
I hope you too have a nice day sir.
dgree03
macrumors 65816
What great news, the most innovative, and revolutionary computer is still doing great. Thier products are the best, so that why they are doing the best. I am so happy that they make more profit on thier products than the competition, even though I do not own any stock! If every computer/phone/mp3 player could be as great as apple products and if every CEO was as visionary as Steve Jobs, this world would be a better place.
I feel sorry for Google, Microsoft, RIM, Nokia, Samgung, LG, HTC they are all just wasting their time, because they can make products or market products as good as Apple and Steve Jobs. They should just quit now! It is sad..
Signed,
80% of Macrumors users
I feel sorry for Google, Microsoft, RIM, Nokia, Samgung, LG, HTC they are all just wasting their time, because they can make products or market products as good as Apple and Steve Jobs. They should just quit now! It is sad..
Signed,
80% of Macrumors users
Starflyer
macrumors 6502a
Wirelessly posted (Mozilla/5.0 (iPhone; U; CPU iPhone OS 4_2 like Mac OS X; en-us) AppleWebKit/533.17.9 (KHTML, like Gecko) Version/5.0.2 Mobile/8C5115c Safari/6533.18.5)
Really? Your seriously complaining about this?
And FWIW the article states that Apple is rumored to reach $20 billion in quarterly revenue.
ericinboston said:
Really? Your seriously complaining about this?
And FWIW the article states that Apple is rumored to reach $20 billion in quarterly revenue.
The stock is nearing a top. Sure it may go up a bit more from here but at this point the upside/downside risks are so skewed to the downside one has to wonder whether it's worth holding on for another last pop.
When companies like AAPL reach the size they are currently at you invariably see the company start to stumble. Not only in terms of operations but in terms of meeting the expectations of investors. Remember, this is a company that makes consumer electronics. That it is worth nearly $300bn is simply astounding.
What's going to pop the bubble? Competition. Apple dominated the music space with the iPod because there were no credible competitors. They have dominated the smartphone segment over the last 3+ years but it is here that I think competition has caught up with Apple. Yes, the iPhone is still "the best" out there and is more polished than others but Android's OS has largely caught up and for more and more people Android is a more attractive option given the ability to do customization.
The iPad was a "revolutionary" device and remains so but given how far Android has advanced it's just a matter of time (months) until credible competitors to the iPad come along.
Apple's entire business model has been of one of strong innovation with little or no competition. This provided them a platform for Lord Steve to control his consumers by blessing the minions with a few new features every year, giving just enough new features to compel the consumer to upgrade their device but not enough so that they can pull the same stunt on them a year later. It works great when there is no other alternative out there, but with Android coming on strong I think that throws a major wrench into the way Apple has conducted business the last 10 years, particularly the iPhone and iPad which are the two growth drivers.
Having an iPhone or iPad has become the cultural "cool" thing to do in our society at this point in time. That is the exact moment that momentum starts to slow because at this precise time more savvy users are ditching the iPhone for Android devices, which they can do more with. Eventually the "cool" people won't be carrying the exact same black iPhone that millions of others have but other devices. And when you are "forced" to upgrade your device for $300/year just to be able to create app folders and multitask the value proposition of the iPhone and probably the iPad diminishes, particularly when you see multiple device manufacturers and an army of Android developers pushing the potential of Android forward.
This is just one person's view and it's entirely possible that AAPL goes to $400 but I think the game has changed and the stock's current valuation and high levels of expectations (48 analyst buy recommendations, 3 holds, 0 sells) means AAPL pretty much needs to create time travel to really keep the momentum going.
When companies like AAPL reach the size they are currently at you invariably see the company start to stumble. Not only in terms of operations but in terms of meeting the expectations of investors. Remember, this is a company that makes consumer electronics. That it is worth nearly $300bn is simply astounding.
What's going to pop the bubble? Competition. Apple dominated the music space with the iPod because there were no credible competitors. They have dominated the smartphone segment over the last 3+ years but it is here that I think competition has caught up with Apple. Yes, the iPhone is still "the best" out there and is more polished than others but Android's OS has largely caught up and for more and more people Android is a more attractive option given the ability to do customization.
The iPad was a "revolutionary" device and remains so but given how far Android has advanced it's just a matter of time (months) until credible competitors to the iPad come along.
Apple's entire business model has been of one of strong innovation with little or no competition. This provided them a platform for Lord Steve to control his consumers by blessing the minions with a few new features every year, giving just enough new features to compel the consumer to upgrade their device but not enough so that they can pull the same stunt on them a year later. It works great when there is no other alternative out there, but with Android coming on strong I think that throws a major wrench into the way Apple has conducted business the last 10 years, particularly the iPhone and iPad which are the two growth drivers.
Having an iPhone or iPad has become the cultural "cool" thing to do in our society at this point in time. That is the exact moment that momentum starts to slow because at this precise time more savvy users are ditching the iPhone for Android devices, which they can do more with. Eventually the "cool" people won't be carrying the exact same black iPhone that millions of others have but other devices. And when you are "forced" to upgrade your device for $300/year just to be able to create app folders and multitask the value proposition of the iPhone and probably the iPad diminishes, particularly when you see multiple device manufacturers and an army of Android developers pushing the potential of Android forward.
This is just one person's view and it's entirely possible that AAPL goes to $400 but I think the game has changed and the stock's current valuation and high levels of expectations (48 analyst buy recommendations, 3 holds, 0 sells) means AAPL pretty much needs to create time travel to really keep the momentum going.
bobob
macrumors 68040
Or perhaps, the apple seed becomes the apple tree...
CylonGlitch
macrumors 68030
I had a friend working for Apple for many long years; then back around 2000 he told me he invested his entire 401k (about $250,000) into Apple stock at $10 per share. He's set for life now. BUT even at $12 per share, he was begging me to buy as much as I could -- of course I didn't. I did get in at $80 and have played a few bounces since then; and done quite well. But should have, could have, but didn't. I'm still happy.
Thank you. And extra thanks for not deploying a host of moronic smilies.
Yes some do but look at Google stock.. Much higher than Apple and no stock split. It will not split it is just the way things are now.
thomanjones
macrumors regular
I sure hope so- would love to pick up some 'panic' shares at under 250.
EDIT:
From what I was reading this morning, I saw 'Strong Buy' and targets of 325, 350, and 385. I'd wait for everyone to freak out over 'glassgate' or something. Personally, am waiting for sub 280 before buying anymore. I am not a stock analyst or even experienced at all, so take with a huge grain of salt.
Checks portfolio.
AAPL up 2,579.86% since I bought in.
Can't wait for the earning announcement next Monday.
I'm up 2214.38% since I bought in - I guess we both bought at about the same time!
I only wish I hadn't been so conservative when I bought - I should have bought a lot MORE!
It's amazing how people who have absolutely no clue whatsoever are so eager to voice their (incredibly uninformed) views online.
Apple hitting $300 isn't surprising. The entire market has been on a tear for weeks. I don't own any Apple now because I follow a plan and am not greedy with my profits. The rest of my stocks are doing quite well and I'm trying to figure out if I need to start culling back on everything with how far the market has recently ran.
Rodimus Prime
macrumors G4
I can tell you the day I see the stock price of Apple drop like a rock.
It is the day SJ dies.
Reason that it will involve his death is because that is the only way he will step down and chances are good their will not be someone really lined up to replace him.
It is the day SJ dies.
Reason that it will involve his death is because that is the only way he will step down and chances are good their will not be someone really lined up to replace him.