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Apple's Stock Price Reaches New All-Time High
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Yes. When I did the math myself I confronted ChatGPT. See its correction above. I wonder why it gave Joe the right answer and me the wrong answer? I have the paid version.
I trade stocks (I own 400 shares of Apple) and things just don't make sense to me. Stocks are basically at all time highs, Apple is having a monster day, and the option premiums are really expensive right now. It's like with everything else, Value is just hard to come by.
It‘s very simple. As long as the smart phone is the most important and/or useful device in people‘s life, Apple is and will be unbeatable. The AI race doesn’t change a thing about this because it‘s just software, and every software (maker) wants to be on the device people use, i.e. iPhone.
Now of course old and new players will try hard to invent a new device that replaces the smart phone in people‘s lives (e.g. smart glasses and whatever Altman + Ive are hyping up), but I just don‘t see it happening.
Now of course old and new players will try hard to invent a new device that replaces the smart phone in people‘s lives (e.g. smart glasses and whatever Altman + Ive are hyping up), but I just don‘t see it happening.
As it said, many believe iPhone sales are higher than expected. Basic "freak out” over analyst reports, that are often really off.
But as usual, I hang on to my AAPL. 😉
Apple's 2024 annual revenue was $391 billion.
Alphabet: $350B
Microsoft: $245B
Meta: $164B
Nvidia: $60B
OpenAI: $3.7B
The AI race has destroyed them.
Alphabet: $350B
Microsoft: $245B
Meta: $164B
Nvidia: $60B
OpenAI: $3.7B
The AI race has destroyed them.
It depends on how many times you sold a percentage of your shares to buy houses and cars and boats and aircraft.
Spot-on.
Happy and repeat Apple customers are the final arbiters of Apple's success.
No, it doesn't work that way. Assuming people are dumb and have no agency in their lives is silly.
Happy (and repeat) Apple customers who *exercise their agency* and open their wallets to purchase outstanding Apple products are what drive Apple's success. Making Apple one of the most successful consumer tech companies in the world.
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A good reason to always manually verify when it comes to ChatGPT responses. In yours, it is saying that 2 x 2 x 2 x 7 x 4 = 112, incorrectly. I mean just take a calculator and you will see that equals 224. And if you Google, there are a bunch of credible news stories confirming that 1 share of Apple stock before any splits = 224 shares nowadays.
EDIT: Oops, I missed your follow-up replies before commenting this!
Ultimately investors care about only one number: earnings. They react to the anticipation of earnings when they are predicted, and the reality of them when they are announced. You will hear a lot of accompanying noise, but successful investors are the ones who are able to cut through the noise and focus on the signal. Same as it ever was.
AAPL investor since 1997.
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The biggest stock split for Apple (AAPL) was 7 for 1 split in 2014. I have rode this stock for many years. There was one day where it drop over $70 (I know many who sold after that, but I still held it). I have own the stock since 1997 (purchased arond $13/share). Rumors were that Sony was going to buy Apple since they were about to go bankrupted. I could not believe that Apple could die, and decided to purchase a bunch of stock rather than buying a new Apple computer (my family and friends laughed at me and thought I was crazy). That decision was the best stock decision I ever made since a few thousands became milliions.
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He is literally hired by the Apple's board of directors to do one thing... increase shareholder value. And no one can argue that he hasn't done that. Just because people are mad about the Vision Pro or whatever, doesn't mean he's not doing what he's supposed to do.
This is the most common mistake individual investors make: thinking they know when a stock is over or undervalued. This pits your ideas against the collective wisdom of millions of other investors, who are telling you every second of every trading day how that stock is valued in the only way that will ever matter. If you think you are right and they are wrong, good luck. But before acting on your own advice, consider this: if you buy a stock believing it was undervalued, and it goes down, or sell a stock believing it was overvalued, and it continues to go up -- were you still right?
NVIDIA, META (Facebook), AMD, Apple, Alphabet (GOOGLE) and even INTEL stocks are all markedly up today.
This isnt an Apple story, its a story of a US Stock Market Bubble. Which is due a correction, the timing of which is unknown but it is coming.
This isnt an Apple story, its a story of a US Stock Market Bubble. Which is due a correction, the timing of which is unknown but it is coming.
I wish you'd try using windows and android instead. Then you'd have a REAL beef about software quality!