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Apple's Share Price Soars Past the $500 Mark

jerryk said:
The $125 makes it easier for small investors to buy. After the split, the volume should increase and so will the price.
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I am hoping that, just as after the last 7-1 split, the price per share dips a bit, say to $90, at which time I will buy some more shares. I have been and continue to invest long in Apple. The stock will go up and down but I see no reason that the long path would not continue upward given at the current value it is barely creeping into the actual value of the stock. And I believe there are more good things to come. I am counting on my investment in Apple to allow me to continue buying Apple products into my retirement. I will leave the rest of my investments to buy food, shelter, and other non-essentials. ;)
 
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BillyBurke said:
How is life, living over your parent's garage? Its not a bubble if you have earnings and trade at a respectable ratio. Apple does.
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oh relax dude. No need for the lame “living over your parents garage” insult. Really? Of course I know Apple has earnings. But this run up in a week was crazy based on the split. I was merely saying how I was going to wait to buy post split because I think it will pull back. Jeeze.
 
Will definitely invest more after the split. I think it's great that folks here have been able to retire early in buying AAPL stock prior to this year. Congratulations.

Glad I purchased some as I feel confident this is a good investment for my future.
 
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I'm expecting the split and then a sell-off and a temporary 1-3 month price drop to around (fingers crossed) around $100 -$115 per share. I'm not sure I'd buy more if price stays around $125 and up? 🤷
 
I think its a 50/50 shot whether to buy now or after the split, got to take a chance I guess! I have a few days to think what Im going to do lol----
 
quatermass said:
Wow... the whole Epic battle is really hurting Apple.
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Those of us who have been around since the dark days of the 90's remember well that in those days if Apple did anything the chorus of "On No! Apple did X! Apple is dooooooooooooooooomed!" That same chorus greeted the iMac and the iPod and each time some pundit predicted imminent doom no one seemed to remember how many times previous they had been wrong.
 
Ulfric said:
It's a bubble no doubt, but I think Nvidia is the biggest bubble right now at this moment.
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Maybe, but I remember paying around 3 bucks for AMD after the crash... today it's over 80 and anyone who thinks I haven't sold some of that off since 2009 must think I don't understand the difference between buy-and-hold and not paying attention.

Still, is that price for AMD today really bubbly or just a matter of value? A mix of both must be the honest answer in today's markets but also considering the company's accomplishments in the meantime. So I didn't cash it all out. But it's all gravy now, for sure.

As for Nvidia, yah that could be a little rich now. But I wouldn't be buying more AMD now either. Most everything is too rich for my taste these days. I might not be taking further gains but I'm not buying anything either. At best I'm looking at current financials of companies that might seem attractive later on, and having a look at the investments of a few funds. Not even window shopping... just looking.

It's interesting what the markets are doing these days though. I remember amazingly stagnant markets back in the 70s when people became uncertain about the economy... and so am rather awestruck by the determination that a lot of traders apparently have to put money at risk in these pretty bubbly times.
 
It will be interesting to see Apple breaking $100T in valuation in the next few months, and Apple will become the world’s only mega Corp that maintains exponential growth for any period.
 
Steve Jobs would have been proud (although he didnt care about stocks and he thinks that stocks do not represent performance)
 
I thought Apple was in the process of buying back all of it's shares. Of cause a few of the fatcats will never sell because they are addicted to the little power they have at shareholder meetings. But those people don't live forever and eventually Apple will buy them back.
 
Rogifan said:
In the past week Apple stock is up 12%. This morning it opened up 3% higher. In the past month the stock is up almost 40%. The only tech stock comparable is Tesla which was up over 13% the past week and 46% in the past month. I am curious what’s driving this. There hasn’t been any change in Apple’s underlying business to warrant a 40% increase in the stock in the past month. Is this sustainable or is Apple (and Tesla) heading for a crash?
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Elon admitted his stock is over inflated. How do you go from $300 to $2k in such short time.

Apple and Tesla seem fishy going up so quick in such short time with nothing significant happening that the public is aware of. At least with Amazon I understand, their sales must be insane with retailers been closed or low/out of stock.

This makes me think Apple and Tesla have some insider trading happening. I can see a typical growth for both, but this seems abnormal during a pandemic.
 
Jony Ive and Co. said:
Steve Jobs would have been proud (although he didnt care about stocks and he thinks that stocks do not represent performance)
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They don’t. Stock prices usually are guesses that a company will do good or poor in the future. Very little matters in the current moment to affect stock value, exceptions apply.

So if your stock is soaring, it just means they are banking on your company having positive growth.
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the8thark said:
I thought Apple was in the process of buying back all of it's shares. Of cause a few of the fatcats will never sell because they are addicted to the little power they have at shareholder meetings. But those people don't live forever and eventually Apple will buy them back.
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They do but not all shares.
 
Shirasaki said:
It will be interesting to see Apple breaking $100T in valuation in the next few months, and Apple will become the world’s only mega Corp that maintains exponential growth for any period.
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If Apple hits $100T then I’ll be living on Mars because Earth has lost all reality.
 
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tongxinshe said:
I sold mine at about $32, since the good quarterly earning that caused the stock price surge was from iPod sales, not computer sales increase, “Not Sustainable” in my mind.😂
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A customer of mine in 2006 had 2500 shares at $7 each. I really hope she kept some for this year to sell. She was elder and could use the money
 
Cosmosent said:
Who will be this year's Mark Cuban ?

Someone who is able to capitalize way-beyond what might occur in "Normal Times".

IMO, AAPL is trading 40% above its true market cap value.

Alittle over a year ago (early-Aug 2019), it was trading under $193/share !

Up $307+/share in alittle over a year !

I'm NOT saying it's going to go down anytime soon.

What I am saying is that I do think there "will be" new Mark Cubans this time around !

To my knowledge, that has NOT happened since Mark Cuban capitalized !
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To be honest, I thought the same when apple hit $150 after the 7:1 split and yet it continues to go up.
I did well with Tesla, but sold right at the $900 before the fall back to $450. I waited for the pump and dump to $400 to get back in, but it has continued to pump to $2000+. I missed that 4x gain.
 
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