What are you talking about? That is the WHOLE stock market in and of itself!
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Apple's Stock Price Crosses $200 Mark to Reach New All-Time High
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Is this sarcasm? You realize that they did a 7 for 1 split a few years ago, right?
Bought several thousand shares back in June 2007. After multiple splits and dividend reinvestments I’m up 1068%. No complaints here.
Nothing but like those crap companies with P/E above 30!
No company in the world should ever get over 20 in P/E when competing in a FREE MARKET.
Glad I did my investments correctly.
If you don't understand the cashflow influx of providing subscription services and the extremely low overhead and insanely high profit margins, you probably shouldn't be investing in the stock market.
Another good idea is to profit shave since you can still make profits at high points and buy back in at lower points.
I can understand keeping the iPhone prices the way it is. People will buy iPhones regardless of price.
The iPad is priced appropriately imo.
But the Mac is way overpriced. Way overpriced. They would probably sell more and make more money on the Mac line than they do now if they lowered it even by 100 dollar at launch. But they could go lower. They won’t, but they could lol
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But when one product is driving all that revenue, you alwasy have to be on your toes.
Without that iPhone revenue, Apple is a whole different company.
The doom and gloom refers to inconsistent product quality and Mac abandonment.
We're all pretty convinced about Apple's mega success. No illusions there, just disillusioned at how quality =/= success.
He is a cunning crook; not a garbage advisor. He downplays and hypes different stocks deliberately for personal gain.
If you want to bash Apple and its stock price, at least give a convincing reason. Please explain Google/Alphabet to me. The stock trades at a PE of 52. The stock pays NO dividend at all. Not only does Google pay no dividend but its shares have zero voting power. A few years ago, the founders put forward a proposal to create a dual stock structure with the common shares having NO voting rights. The founders basically told shareholders "we need to protect ourselves from you." Shareholders rewarded this blatant, unabashed, shameless one-fingered salute with an ever-expanding earnings multiple of 52.
If Apple's stock price is based purely on speculation and emotion, then help me understand what Google's stock price is based on.
It's not a question of whether AAPL can afford to or not. With actual earnings smashing projections yesterday, why would they?
Mac abandonment really? Even after the MacBook Pro update this year, iMac Pro last year and how Apple are working on a Mac Pro for next year (2019). The iMac will also be getting an update later this year and the introduction of a 13” budget laptop also for later this year (as rumoured by Ming Chi Kuo and Mark Gurman) .
As for quality, have Apple made mistakes? Yes definitely, but the products they have put out so far have been usual Apple quality (great), the iPhone X with Face ID is brilliant, the iPad Pro is a great tablet, the AirPods are great ear buds, HomePod is a great sounding speaker and I could go on but I think you get my point.
The problem is this happens EVER YEAR and it’s getting VERY old and boring now, last year it was the iPhone X, people were saying how it wasn’t innovative and no one would pay £1000 for an iPhone, they were wrong! There’s always some doom and gloom story somewhere that in the end turns out to be complete rubbish.
I get that some people are annoyed or want to abandon Apple because some of the choices they have made (removal of the headphone jack seems to be one, the Mac Pro mistake is another) but in reality and outside of those few people on forums the masses seem to be buying Apple devices in their droves.
I’m sure there will be someone who disagrees with me but in my opinion Apple are doing great at the moment that’s not to say they are perfect, could they be doing more to please users? Of course but it’s a never ending cycle because there will always be some people who are not happy.
You won't get an answer. It's clear LK LAW has no idea what he's talking about.
Complacency will catch up to Apple at some point if they don’t get aggressive again. However, I think they are a bit aggressive in an anticipated sense with their health initiatives and AR stuff.
Cramer is a fool... he talked-up lots of companies just prior to bankruptcy.
You hit it on the head right here. Most of the bellyaching on MR stems from sour grapes. The people here who are unhappy or dissatisfied with Apple's latest offerings want (or need) everyone else to be just as unhappy and dissatisfied as they are in order to send Apple a message to change their ways. They don't understand that the people here are nothing but a tiny minority subset of the overall market.
Eh wealthfront isnt necessary. Put yourself in a plain old low cost Vanguard total market index fund and walk away. No need to pay wealthfront to pick "multiple index funds" for you...
It's insane how overpriced Apple is right now.
Profits: $11B. So stock market is saying they're worth 19x as much as they make in a year. Also, this is steady state - there's no reason to think spending will go down or revenue will go up. That's why Apple is already paying dividends. Which aren't very good.
Diversification: Mac sales are down. Apple is even more dependent on the iPhone than ever. If someone rolls out the thing that turns the iPhone into the iPod, Apple has nothing to fall back on. Also, growing services is really just growing profits per iPhone - there's no reason to think that when the iPhone becomes irrelevant, their services would survive.
I see Apple as very risky with little chance of reward. I bought at $140 last year and sold at $190. Great that it jumped to $200 - we're getting closer to the edge. You can either sell now or fall off the cliff.
I'll buy back in when it's down to $160 or so (assuming nothing changes. If that mystical iPhone disruptor shows up, obviously I won't be buying Apple at all.)
Profits: $11B. So stock market is saying they're worth 19x as much as they make in a year. Also, this is steady state - there's no reason to think spending will go down or revenue will go up. That's why Apple is already paying dividends. Which aren't very good.
Diversification: Mac sales are down. Apple is even more dependent on the iPhone than ever. If someone rolls out the thing that turns the iPhone into the iPod, Apple has nothing to fall back on. Also, growing services is really just growing profits per iPhone - there's no reason to think that when the iPhone becomes irrelevant, their services would survive.
I see Apple as very risky with little chance of reward. I bought at $140 last year and sold at $190. Great that it jumped to $200 - we're getting closer to the edge. You can either sell now or fall off the cliff.
I'll buy back in when it's down to $160 or so (assuming nothing changes. If that mystical iPhone disruptor shows up, obviously I won't be buying Apple at all.)
You mean the MacBook Pro which became even more expensive because of the emoji touch bar that nobody asked for? The same MacBook Pro that has a keyboard with almost no key travel for the sake of a 1mm thinner laptop and that it took three revisions before becoming "good enough"? (Apple wasn't okay with "good enough" in the past, too)
The iMac Pro that nobody asked for, cramming powerful and expensive components into a thin chassis for no reason than to have five minutes of fame?
The Mac Pro that should have been the replacement for the previous tower Mac Pro in 2013 instead of that cylinder joke and that it took Apple four years to listen to what Mac Pros users need?
The budget laptop that should have been made in 2015 instead of the expensive retina Macbook?
Or are you talking about the Mac mini, which was downgraded in 2014?
Or maybe just the fact that we can't even upgrade the RAM on our own computers anymore?
Because that's what we're talking about.