You are so wrong. The market cap today is 2.12 trillion. The services side alone is a trillion dollar company and the hardware side is as well. It predicted 30% of iPhone user will upgrade when the 5g phones come out. The app store is bs, will never amount to anything.
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Apple's Stock Approaching $500 Mark After Becoming $2T Company
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You are so wrong. The market cap today is 2.12 trillion. The services side alone is a trillion dollar company and the hardware side is as well. It predicted 30% of iPhone user will upgrade when the 5g phones come out. The app store is bs, will never amount to anything.
Great job in sticking with it. I’ve had every advisor try to talk me into de-concentrating my portfolio from Apple (half my portfolio), but I haven’t sold any — only bought more. And I, like you and many others, wish I bought more — but at least we have some!
Good point, but it all depends on your age and financial needs at this moment. If you don’t need the money for 10+ years, why sell now? Of course it could move down, but it could also move up — trying to time the market is impossible (and stressful).
Yeah, I bought a boatload of AMD at ~$2. I knew it would eventually go up but not to the 80s. LOL
2007 was a good year! Buddy and I at work decided the new iPhone thingamabob seemed cool and bought some stock. My current basis is $19.80/share.
The small bit of Apple stock I bought in 2007 at $200 plummeted to $100 in short order. What do you do, panic and take the loss? Or do you focus on the fundamentals and the potential?
Me, I hung on, and doubled down when it was lower. The bought some more after the 7:1 split. I have never once looked at any of my moves in AAPL as a mistake, and my financial situation now reflects that. Apple may not always have the same rate of growth, but "solid" is the only way I can describe them... the opposite of a bubble. Apple Silicon, 5G phones, Apple TV+, Apple Watch: these are only the things we know about. There's going to be more. Again, Apple doesn't always go up 5% in a day - but I wouldn't bet against them in the long run, and I expect my heirs will probably receive some Apple stock, because I would never sell all of my position.
Silly question. If you buy Apple stock now, before the split takes effect... you won’t get the 4x shares right? It’s only for people that owned the stock the day the split was announced right?
Not sure if you’re serious about TSLA...if so, just LOL. Hundreds of billions in profit in 4 years? LOL 🤣😂🤣😂🤣
The Board of Directors has also approved a four-for-one stock split to make the stock more accessible to a broader base of investors. Each Apple shareholder of record at the close of business on August 24, 2020 will receive three additional shares for every share held on the record date, and trading will begin on a split-adjusted basis on August 31, 2020.
That is from 9to5mac.com and should answer your question.
Edit: So if you buy shares on 8-24 before the end of business I think you would be a shareholder on record and get the 4 for 1 split.
no, there is a date of ownership, it has nothing to do with the day it was announced. Stock splits really don't mean much of anything, but for some reasons, some investors think it does.
Think of it like this, If you have $10,000 to invest today, you can buy 20 shares ( with the stock @ ~$500 a share ). Its the same if you buy the day after the stock split.....you still have $10,000 to invest, but the share price is now going to be $125 a share ( bc its a 4 for 1 stock split ) and you'll be able to purchase 80 shares ( assuming the price of the stock doesnt move too much up or down ). If its confusing, just google what a stock split is. You dont make any more or any less by owning it now or after the stock split ( asuming the stocks price doesnt move all that much that is ).
I feel like at this point an asteroid could be hurling towards earth and the DOW Jones would jump up 80 points
That's what I and several others keep saying about Tesla stock. But it just keeps going higher and higher and even higher.............
Except that nothing even remotely that concerning has happened, despite the media frenzy whose goal is to scare you. Most of us stayed home and ordered food, groceries, ate ice cream, and watched Netflix.
The virus has been bad, no question, but as bad as the media pounded for the last 6 months? Not even close. Bad stuff happens...it’s not always the end of humanity and it’s never the end of business. Business only stops if literally the world is ending.
N00B question: Why won't split-adjusted trading begin on August 25? Say I have 100 shares at the market's close on August 24. What happens if I sell them on August 25?
It is all right here on the Investor Relations part of Apple's web site!
FAQ - Apple
First, not a silly question.
if you buy shares by the end of trading on Friday, August 28th, you’ll get the additional shares from the split (unless you buy shares in some kind of private trade). starting Monday, August 31st, shares will trade on a split-adjusted basis.
If you buy shares after August 24th, the additional shares technically go to the previous owner first and then come to you, but from your perspective it will seem like they just come to you.
Because the split doesn’t happen until trading ends on August 28th.
If you sell shares (through the exchange) on August 25th, the trade will have a kind of note attached to it meaning your account owes the buyer 3 additional shares (for each 1 you sold) when those new shares get distributed. So when the split happens, the additional shares go to the new owner. The real date that matters is August 28th.
This is.... EPIC!!
Good job Apple!
I guess being a shareholder would be good right about now. lol
It’s fine, some of us didn’t buy the stock, hence didn’t sell any stock hence didn’t enjoy any car. I say, drive it like it was stolen, track days, etc
On a more serious note, the stories of some of the people here investing and holding onto it... hats off.
The kid me of 15 years ago didn’t foresee any of this when I started playing with a few bucks and was just jumping between Apple, Nvidia, ATYT and similar. A $2 increase on a $45 stock price would make me cash out. Dumb af.
Remember, a lot of mutual funds hold Apple stock as part of their portfolios. So you don't have to be a direct shareholder to be benefitting from the recent run.
Its sad, but Apple fans should swallow their pride and thank Gates for keeping Apple around. Sure he did it for PR and because they were fighting the monopoly war at the court, but none the less he did it. Also I find it pretty stupid that Apple was begging for $150M, I mean that number is so low they could have gotten it from any investor or bank given their size.
Well if you bought at $20 you have nothing to worry about because if the stock drops from $500 to $100 you still make 4x in profit. Its people who are buying now at $450-500 that will be in deep trouble if it drops. Apple can't grow into infinite, I just don't see it, in the end there is market saturation. You can't take more money than people already have. A competitor will rise, Apple management will change and will drop the ball, world wide recession will make people abandon the $1000 phone and hold on their Apple products longer or change to more affordable plans.
You bought stocks in 2007 when Jobs was heading the company and for sure back then there was a lot of room to grow even if it drops to a $100, but those who held on to it during Frank Ameli when it was rumored they will go belly up, you are brave especially by not considering the Microsoft stock which was shooting like a rocket.
You are correct, I have absolutely no fear of ever losing money on Apple. But the timeline for growth is probably much, much longer than you are thinking. Consider that I, like many others, was learning BASIC on an Apple ][ running software that was licensed from Microsoft nearly 30 years before the iPhone (and my first stock purchase). The point is, both these companies have found ways to broaden their market exponentially, going on 40 years. It isn't just adoption of any one thing, and when there is a risk of saturation, you reinvent/pivot/upgrade to sustain your business. Though the trials and tribulations make for a good story, it's not really rocket science.
I'll stop short of saying anyone should buy AAPL because I obviously have a vested interest - but I don't think someone getting in now has anything company-specific to worry about in the next decade, at the very least. Yes, the stock may drop between now and 2030, but my money is on a stock price that has outpaced the markets in ten years' time.
Very helpful. Thank you.It is all right here on the Investor Relations part of Apple's web site!
FAQ - Apple
investor.apple.com
I may buy some more after the split next week.