Apple's Stock Closes at all Time High.

Discussion in 'Apple, Inc and Tech Industry' started by berkleeboy210, Sep 25, 2007.

  1. berkleeboy210 macrumors 68000

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    #1
    Just checked the stock widget on my iPhone and Apple's stock ended at $153.18 today.

    This is great news for apple, hopefully a sign of good things to come. I, for one thought it would plumit a bit after the press release regarding the iPhone hacking yesterday. Guess the investors don't care too much about that. :apple::apple:
     
  2. chrisdazzo macrumors 6502

    chrisdazzo

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    #2
    [grammar Nazi] Sorry, it's just so... glaring. It's "plummet". :p

    Hooray for Apple stock! Maybe that signals something promising for the future... :D
     
  3. Peace macrumors P6

    Peace

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    #3
    Actually the press release from Apple yesterday probably bolstered confidence in Apple causing the stock to close that high.
     
  4. berkleeboy210 thread starter macrumors 68000

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    #4
    eek, i'm having spelling issues, today. i think it's the heat, it's 90 degrees here in boston.
     
  5. chrisdazzo macrumors 6502

    chrisdazzo

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    #5
    Yikes, it's... 61 degrees here in Fort Collins! A little different!
     
  6. QCassidy352 macrumors G3

    QCassidy352

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  7. miloblithe macrumors 68020

    miloblithe

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    #7
    Apple's market value: $ 133,211,608,380

    Dell's market value: $ 63,968,650,240
    Microsoft's market value: $ 277,138,605,970.80

    Just earlier this year Apple passed Dell in market value and surpassed being worth 1/4 as much as Microsoft. Now Apple's worth twice Dell's value and nearly half of Microsoft's.

    Pretty amazing.
     
  8. IJ Reilly macrumors P6

    IJ Reilly

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    #8
    The general level of optimism seems to have been generated by estimates of iPhone sales coming out over the last week or so, and the potential for Apple to significantly exceed Mac sales expectations for the quarter.
     
  9. twoodcc macrumors P6

    twoodcc

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    #9
    that is amazing. and i kept telling my dad to buy some of apple's stock.....(i would, but instead i bought computers, cars, games, girls......you know.....)
     
  10. d_and_n5000 macrumors 6502a

    d_and_n5000

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    #10
    You bought girls? I'm intrigued...:eek::rolleyes:
     
  11. runplaysleeprun macrumors 6502a

    runplaysleeprun

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    #11
    $50 in martini's, same thing...
     
  12. twoodcc macrumors P6

    twoodcc

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    #12
    i knew someone would comment on that.

    thanks for covering for me :p
     
  13. Pants Dragon macrumors regular

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    #13
    My father has been wishing he bought Apple stock for years. I keep telling him to buy it since it hasn't stopped going up, but he just keeps thinking about how good it would have been to get in 10 years ago.
     
  14. CalBoy macrumors 604

    CalBoy

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    #14
    One thing I learned is fathers have a hard time taking advice from their children, esspecially if its their son(s). I told my dad that Apple looked like a great investment two years ago (in April of 2005). Back then, the stock was around $35-40. Can you imagine how much he would have had if he had bought then?
     
  15. pimentoLoaf macrumors 68000

    pimentoLoaf

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    #15
    I bought in when Apple was $36 or so, selling MSFT for it. I'm hoping they would split 3:1 so more people can come in AND it can zoom back up making me richer! :cool: :D
     
  16. CalBoy macrumors 604

    CalBoy

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    #16
    I'm still thinking about buying AAPL. A split would help, but it's not necessary for me. The only thing that's standing in my way is assessing the risk of it now. Apple has already achieved a lot; what's coming up that's going to make the stock skyrocket by another 3 fold?
     
  17. LizKat macrumors 68030

    LizKat

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    #17
    Yah they don't even seem to care about the Amazon MP3 public beta rollout. But then the iTunes Store is NOT where Apple makes its fattest margins.
     
  18. lord patton macrumors 65816

    lord patton

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    #18
    consistently beating their guidance, analysts' estimates, and the sector's growth rate, quarter after quarter after quarter.

    The thing is, if they can achieve 10% market share in a couple of years (with the percentage of portables owned by those 35 years old and under WAY higher), what's to stop them from reaching 15 or 20 percent? And at THAT point, the game is completely changed.
     
  19. CalBoy macrumors 604

    CalBoy

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    #19
    Well, stock values aren't always tied proportionatly to performance. Apple might do very well in the next few years, but that doesn't mean investors will value the stock as much. What's been keeping the stock at its current high is a combination of amazing new products and solid growth/revenue figures. If Apple doesn't come out with a few more innovative products in the next few years (which they probably will), then the stock could head downwards.
     
  20. lord patton macrumors 65816

    lord patton

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    #20
    Sure, that's a fair point. Stock values aren't tied to performance, but they generally are tied to growth and prospects for growth.

    Everyone knows about the iPhone and the iPod, and I assume their growth potential is fairly valued in the stock right now. But I don't think most analysts (with ChangeWave perhaps being an exception) fully appreciate what is happening in their computer business.
     
  21. CalBoy macrumors 604

    CalBoy

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    #21
    Few people have the insight to see what's really going on. It takes a special talent to be able to see ahead. Then again, what's happening now isn't exactly rocket science; if we can see it, they should be able to too.
     
  22. ~J~ macrumors 6502

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    #22
    Just wait... if it goes much higher, Im betting we will see a split. Would LOVE a 1:2... or more! I bought @ $133... loving this purchase so far... if it splits, it will drop... BUY BUY BUY! It WILL rise again... its how the game works. Apple is a stable enough company.

    (DISCLAIMER: I am NOT a financial advisor... I am simply stating what I will do. Invest at your OWN risk.)
     
  23. CalBoy macrumors 604

    CalBoy

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    #23
    I know it will rise again, but in my youth (as I'm still in it) I haven't branched out of safe investments yet. I think AAPL would be a good way to go, esspecially since I won't get jack from banks now, what with the rate cut and all.
     
  24. dukebound85 macrumors P6

    dukebound85

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    #24
    heck yea! another ft collins person
     
  25. IJ Reilly macrumors P6

    IJ Reilly

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    #25
    The Apple board appears to have adopted a new stance on splits. In years past, they'd have split the stock before it reached this price. Not that it matters -- the value of holdings isn't affected by splits. I'd prefer to see them declare a dividend.
     

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