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Apple Stock Opens Trading at $300 Per Share
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Say what you will. I've seen this movie before and I know exactly how it's going to end. The idea that AAPL is the second most valuable company in the world is a laughable concept to everyone in the industry except Apple fanboys and the hedge funds that universally bank on the stock to deliver them their 20% performance fee cut.
No, you haven't seen this movie before. What's new is a company (Apple) that controls revenue streams from every direction, selling both the hardware and getting a cut on the software and services of the hot devices in music, telephony, internet access and TV/movie rentals. When the cable companies fade, Apple will be there to benefit from the rise of content-over-IP. When the vast majority of the world that does not yet have a smart phone decides to get these pocket computers, Apple will be one of the main beneficiaries. When people increasingly realize the irrelevance of Windows, Apple will have computers to sell them as their market share grows.
Apple is in growth mode with a greatly expanding market share in several lucrative markets. That's when stocks go up.
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!
You rang? I repeatedly asked you to provide evidence that you actually own any, but so far you haven't. So I assume that you haven't got any. Pictures or it never happened.
But put your money where your mouth is - sell your house, your car (or if you are a kid, then your toys) and buy Apple stocks. You'll be living under the bridge sooner than AAPL would ever hit $400.
Yeah, you're right. It is laughable. Apple should be FIRST not second in rankings of the world's most valuable companies. Exxon-Mobil more valuable than Apple? LOL.
Boy, I sure do regret not taking advantage of the employee stock purchase plan 3 years ago... Crap.
And I also sold my 30 shares at $130 during the stock crash. Double crap.
And I also sold my 30 shares at $130 during the stock crash. Double crap.
hatin the haters
Investing is about developing a thesis and putting it into action. Testing that thesis is not only good it is essential and if another viewpoint makes more sense or is obviously true you change the thesis and modify the plan of execution accordingly.
That said I have been investing in APPL for years and it remains the most lucrative and unassailable thesis I have ever put into action. Don't hate the haters ask yourself if the point makes sense because one day it may.
Today however APPL remains a buy in my book.
Investing is about developing a thesis and putting it into action. Testing that thesis is not only good it is essential and if another viewpoint makes more sense or is obviously true you change the thesis and modify the plan of execution accordingly.
That said I have been investing in APPL for years and it remains the most lucrative and unassailable thesis I have ever put into action. Don't hate the haters ask yourself if the point makes sense because one day it may.
Today however APPL remains a buy in my book.
No it is probably not too late to buy in, but you came late to the party, so you have to be satisfied with less gain.
I think buying right now for a short term would be wise. Now that the stock has broken the psychological $300, every fund is going to jump on the bandwagon. It's going to break $340 quick maybe - but it can be volatile so watch it carefully.
I get push messages on iPhone from Stocktrac app - it's saved my sanity since after the 2008 crash. Get it. and set up your alert alarm things when it goes high or low. It pushes a message and you can act quick if you need to.
Also thinking of buying in, as apple is doing so well and I reckon it will for at least a couple more years. But then looking at this stock price, and already the massive market capitalisation, is it just buying after it's had all it's growth, or is there still plenty room to grow? I suppose just 10% control of PC market means there's room, and iPads are selling like hot cookies.
Also I'm in Australia, so I got to figure out the international share trading deal...
My advice would be to just go for it. Every time you get a thread about AAPL then you see people saying I wish I'd bought at 120 when its at 200, then I wish I'd bought at 200 now its at 300 etc.
It will drop back at some point but I can't see it dropping that far below to be worth the wait. The earnings are going to way above expectations as usual and then the event is 2 days after so I can only see it going up.
Obviously this is t'internet so take my advice with a pinch of salt!
Nah I think it's time for me to take out a massive loan! Just kidding. Yeah I'll probably do a bit more finance-related research, like look at their annual report for the first time, and then strongly consider shifting some of my investments over to apple. Like a lot of them, as my current ones just follow market trend, which isn't particularly exciting. Thanks for the advice though.
O.K. I see things change,maybe I shouldn't comment on things I have no knowledge of.
O.K. I see things change,maybe I shouldn't comment on things I have no knowledge of.
Don't worry!
Apple is the second largest company in the world by market capitalisation because of the promise of huge growth. Their revenue may be dwarfed by the oil companies but their profit will be comparable soon. Thats why microsoft are so high too.
I think monday might just change your mind. Apple will be one of the most profitable companies this year.
Your very comment is why I left med school. Helping those who can't help themselves should not in any way make you feel superior to anyone. You are in the medical field (so you say) to help the wounded, and heal the sick. The very fact you say "I make plenty of money every day in surgery" further proves you are either not who you say you are, or just in the wrong field. Have you forgotten your oath? Furthermore I ask you to show me a list of companies who do not apply a cheaper wage to produce products.
In reading your post I was reminded that any person capable of advancing this type of shallow and trivial analysis is not someone I want standing over me with a knife.
AAPL up to 305 in after market trading! Ambac financial up to 1.05 as well
and this morning apple is up to 306.75 in pre-market trading!!!!!!!!
An analyst has just raised his target to $500 a share, because he thinks that with the iPhone, the App Store, the iPad, and the relaunch of Apple TV, Apple has an addressable market of $1.5 trillion
I bought in at 120!