I've got a bunch of my 401k in AAPL via a self-directed account - which has earned my son's future ~ $65k. I'm a bit concerned about volatility now -- especialy with Samsung and Google tablets hitting the sceen -- and plan to sell soon -- just need to identify a decent mutual fund to move the proceeds into. The handful of options ML's plan with our company includes are pitiful.
Got a tip for us?
Let us know
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.
Apple Stock Price Marks All-Time Closing High Ahead of New iPhone Rollout
- Thread starter MacRumors
- Start date
- Sort by reaction score
I've got a bunch of my 401k in AAPL via a self-directed account - which has earned my son's future ~ $65k. I'm a bit concerned about volatility now -- especialy with Samsung and Google tablets hitting the sceen -- and plan to sell soon -- just need to identify a decent mutual fund to move the proceeds into. The handful of options ML's plan with our company includes are pitiful.
Thank you sir. Grammatical errors such as that make me think some of these people skipped grade school... Next on the agenda: There, their and they're. ConCat: Educating America.
Well how else am I supposed to keep the aliens from reading my thoughts?
Because there is some sort of artificial limit on the price of a stock? Go ahead and subtract cash assets from the market cap, recompute the P/E ratio on this years' earnings and tell me again why it can't get much more expensive.
Exactly. AAPL's forward P/E ratio is even lower (i.e.: as soon as they calculate based on this years earnings at the end of Q4 we should see a huge surge). Then you factor in Apple's cash assets growing faster than the dividends they are paying out and that the company currently has about 25% of its market cap in cash assets.
No company has ever been so healthy with respect to revenue, profit, assets, and debt (or lack thereof). If Apple can settle with Samsung with a cross-licensing agreement that has a "no-cloning" provision the stock would go up at the removal of the uncertainty. If they win the lawsuit outright, the stock would soar (I don't see either side of the lawsuit outright winning -- I think both sides are going to take losses when the jury decides and then the companies are going to be forced into a cross-licensing agreement anyway).
So, in summary, AAPL's target price over the next 21 months should be somewhere around $1200 per share if their profits keep increasing we just maintain a 15 P/E ratio. Considering their global expansion of iPhone and iPad, Apple should be able to do that without even introducing a new product like a TV.
I hope the idiots who screamed "Short It" when the last quarter came out are having a nice meal of crow right now.
Or maybe they can't afford a meal given their brilliant insight into the stock market.
Or maybe they can't afford a meal given their brilliant insight into the stock market.
Indeed. GOOG is near 20, and FB has a P/E near 111 (!!).
The rules for the forum say that grammar and spelling ignores should be ignored unless there's a lack of clarity in the posting. Professional staff (like you) creating articles for front-page articles are held to a higher standard -- on their front-page articles.
I personally try to gently educate the world about the difference between damping and dampening. I fear that's a lost cause.
Curiously, the NASDAQ average was well under a percent off what it was at the previous Apple peak. 3062.39 today, 3047 then, a three dollar or so difference for Apple.
And I'm glad I followed my son's advice and put my whole IRA into AAPL at $4 a share. I just retired at 72, and I can use it!I wish I had bought a few, when they were below $20
And after that, loose and lose.
Oh, and also...Apple is definitely going down the drain under Cook.
(I'm glad someone else mentioned "of" instead of "have". I was going to do it, but decided I didn't want the phrase "grammar Nazi" attached to my name.)
The miracle of S jobs
Someone is eating his words...
Apple should shut down the company and sell the stock -Michael Dell 1997
Someone is eating his words...
Apple should shut down the company and sell the stock -Michael Dell 1997
The seasons don't tell us when they are coming either, but they always do, just like clock work, and every wild animals prepares accordingly without even reading the Internets.
Seriously, there have been plenty of bona fide Apple followers that have confirmed the announcement, pre-order, and launch dates. Also, Wall Street likes to buy on rumor, sell on fact.
can't see it going much higher than this
esp with all the rumors and bad service surrounding retail
sure it will bump from the next product cycle and holiday
but going into new year,
iPad 4? - yawn
iPad Mini - why?
apple tv - vaporware with advertising, no thanks
retina iMac yawn
continued dumbing down of the productline and OS to get more bottomfeeding switchers to get an iDevice
enjoy the plateau, the cliff isnt far off
I'm holding for now, but dont see it topping $875
esp with all the rumors and bad service surrounding retail
sure it will bump from the next product cycle and holiday
but going into new year,
iPad 4? - yawn
iPad Mini - why?
apple tv - vaporware with advertising, no thanks
retina iMac yawn
continued dumbing down of the productline and OS to get more bottomfeeding switchers to get an iDevice
enjoy the plateau, the cliff isnt far off
I'm holding for now, but dont see it topping $875
For those of you that are shareholders, due have any price in mind at which point you would consider selling at? 700? 1000? I got at a very good price and I'm not sure where to get out at. I feel like apple is such a fad thing right now. I go to school and people buy MacBooks to go on facebook and FaceTime. They don't get it that you can do the same thing on a 400 dollar laptop. I think eventually the fad will fade out. Apple will still be a strong company with all the stores and iTunes and apps but they will lose this "need to be seen with apple products" eventually.
which $400 laptop can do facetime? Apple is NOT a fad - it's here to say and it has the high end products to show for. Why else would the stock be up so high? It's due to brand image and products.
But then again, we know the stock market is full of dung I digress.
Reminds me of that rule which says that, when correcting someone, you will probably make a mistake yourself.