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Apple's Stock Hits New 52-Week High as Roller Coaster 2013 Nears Its End
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Sorry to disagree. Some of us been doing very well with the stock market for 30+ years. Like most things some education would help.
How do you think the rich get rich, it's not just by working...
Good for Apple and investors!!!! It's so funny to see haters on here who've been saying they've been doomed for the longest time! Hahaha
Physical Bitcoin Purchase?
I am somewhat of a coin collector, casino chips being my thing. I was curious to know if I can purchase a "Physical Bitcoin" at a reasonable price. And if so, where can I find one? I would prefer one with no bitcoin units loaded on it, so I can get it as cheap possible ( say $25.00 ). Is this possible, or is the only way to get a bitcoin now a days is to buy one with units loaded on it, and pay like $1,700?
Still nothing compared to the craziness associated with the value of Bitcoins.
I am somewhat of a coin collector, casino chips being my thing. I was curious to know if I can purchase a "Physical Bitcoin" at a reasonable price. And if so, where can I find one? I would prefer one with no bitcoin units loaded on it, so I can get it as cheap possible ( say $25.00 ). Is this possible, or is the only way to get a bitcoin now a days is to buy one with units loaded on it, and pay like $1,700?
People always forget that Apple wants solely to make the best products. Passbook is not a product: it is a feature. In other words, Apple couldn't care less about it being strategic, unless they can't live without Google Wallet. And if people want Google Wallet, they just go ahead and install the app.
iOS will never become MacOS of the 90's because the quality of Apple's products are already pretty superior when compared to the competition, the OS is very profitable for developers and Apple and we're talking about a highly desired brand.
Apple did not start this business as of yesterday, ya know...
Except there are some big differences from the Windows/Mac fight. First, the Windows PC market was pretty much a commodity, there were somewhat cheaper and somewhat more expensive PCs, but they all ran the same OS and were pretty much equivalent. With Android, there's a wide range of power and quality, going from higher end phones (this is the segment Apple competes in) to really low end phones that technically are still smartphones but in reality being bought to be feature phones. They stay at whatever version of Android it came with,use almost nothing but the basic phone features. There's no money to be made in this low end market and Apple doesn't even compete there. If the market shares were broken out by segment, Apple would do much better - this low end segment is the part of the market that's exploding, which is why Apple's sales can keep increasing while they lose market share.
Second, in part due to the the vast amount of low-end sales that make up the bulk of Android's market share, Apple's customers are more "valuable" to the ecosystem than Android customers are (on average). They spend more on apps, they buy more accessories. and they USE the phone a lot more. That means that developers want to develop for iOS first/only, because that's where the money is. Retailers want to provide support for iOS users, because they spend money.
Specialized services like Passport will be sporadically supported, granted. But general use, like making apps, that stores do. And there's a reason Google makes apps for all their services - they want the ad revenue they get from iOS users because those users will spend money on their advertisers.
So for iOS to go to irrelevancy, either Apple sales have to be dropping significantly (actual sales, not market share) or Apple users somehow have to agree en masse not to really use their devices much or buy stuff on/for it.
Let's keep it clean, shall we?
On a serious note, with all those new products, most of which are readily available, and more importantly, with high expectations for new product categories in the next 12-18 months, I had expected the stock to do quite well. Those who held on, and especially those who bought-in at mid-april's sub-$400 prices can have an increasingly big smile on their faces till at least January's earnings call.
But, but, but... it's an Infallible Stock Market System!
I thought the first line of the story about the stock "finally" rebounding was kind of funny, as if it was inevitable.
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Sorry to disagree. Some of us been doing very well with the stock market for 30+ years. Like most things some education would help.
How do you think the rich get rich, it's not just by working...
People think the markets are nothing more than gambling because they've been sold on stock picking voodoo. The vast majority of people should be investors, but they should not be buying individual stocks. They should be buying index funds, a little bit every month. I wish I'd known that when I was 25, or even 30.
If it hits $700 again I'm selling...maybe.
I would hold it until january. Then sell it and profit.
There were too many product releases this quarter and sales are up... But next quarter will be poor on product launches and the market will get bored, so...
lol
I completely missed that one.
Go go go
Go Carl... push the stock price up.. I bought low and sold high last year but left some stock in... I think I will cash out soon!!
Go Carl... push the stock price up.. I bought low and sold high last year but left some stock in... I think I will cash out soon!!
I would hold it until january. Then sell it and profit.
There were too many product releases this quarter and sales are up... But next quarter will be poor on product launches and the market will get bored, so...
I agree. The iPhone was constrained for 2 months and much of China Mobile's power won't be felt in this quarter.
Apple's P/E is approaching 15 and this is historically a sell signal for the stock (at least short term).
I would hold it until january. Then sell it and profit.
There were too many product releases this quarter and sales are up... But next quarter will be poor on product launches and the market will get bored, so...
Smart.
Let's keep it clean, shall we?
On a serious note, with all those new products, most of which are readily available, and more importantly, with high expectations for new product categories in the next 12-18 months, I had expected the stock to do quite well. Those who held on, and especially those who bought-in at mid-april's sub-$400 prices can have an increasingly big smile on their faces till at least January's earnings call.
Haha didn't even notice that. iPhone autocorrect fail
This is great news for consumers because it means Apple can continue executing their strategy of building best of breed products in every category. With profits continuing to rise, it shows that innovation and quality will continue to drive Apple higher in the future. Tim Cook is doing a great job for both investors and consumers.
The stock is for suckers. Apple nor MS can cash out all outstanding stock at their current price. The money ain't there!
And therein lies the ponzi scheme. And you wonder why FDIC doesn't cover stocks.
And therein lies the ponzi scheme. And you wonder why FDIC doesn't cover stocks.
dump it, it does this every holiday cycle, peaking around new years then takes a slow 15% hit until another 5% drop when they announce whatever new product in Feb/Mar
If your "formula" is correct you have the chance to make millions...You better get on it.
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Hmmm..Not to worry. Just give me all your cash and I'll take care of everything for you.
Good advice... If you put 5-10% of annual income into a good index fund at 25 years of age, you might actually be able to retire in your sixties. As long as the Zombies don't take over before then.
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Funny... Since that's one of the major reasons for the gain.
While it may seem like the iPhone came out forever ago, it is still early days. Phone hardware is on the same track as PC hardware. As they continue to get more powerful, the low end phones will grow to suffice for more and more people, and eventually phones will end up looking like PCs. There will of course be a niche high end market, just like there is for PCs. But despite cheap PCs ruling the day, Microsoft was still making all the money.
Agreed. This is a long term threat for Apple, something that could start building in 2014. I know a lot of high end Android users. I'm guessing Android's high end market has grown to be close in size to iPhone's market. And this can lead to (and I've already started seeing some developer talk about this on forums) developers first targeting Android, then iOS. That can start to create a positive feedback loop that causes early adopters to want Android.
Google may not care what you use, but Apple does. If Google services are more desirable and better integrated into Android than iOS, then an iOS device looks less attractive. That will make iOS a harder sell. Of course if Apple sees things moving in that direction, they could pretty quickly change direction an embrace Google. However, if that is required, I'm worried Apple's arrogance will get in the way.
Agreed. We won't know which way this is going until mid-2015. But we are definitely no longer in the days where it was obviously that the only way for Apple to go was up. The playing field has leveled, and they will have to execute carefully.
Tim Cook fails. Apple would be up at least 100 points if the iPhone 5S had a 5" screen and file system.