Apple's Stock Price Rises Above $160 Mark to Set New All-Time High

[Vanilla35]

My stock portfolio is up 15% in 3 months.

Pretty sure I'm doing better than Warren Buffet at this whole stocks thing.

(Of course, I'm basically just gambling, so I only have $533 worth of stocks that I personally manage. One stock of AAPL. One stock of TSLA. Feels better to own them than to say, "Darn, I knew that'd happen, I should have bought some stock.")

The market in general has been up 9% the last 6-12 months. The difference is that when a correction occurs, and the months following, Buffet's portfolio has the solid foundation required to bounce back effectively. Good job on the picks though, can't go wrong with tech stocks!

 

[sk1wbw]

Yes I'm loving it! I'm so happy with the stock prices lately that I'm rubbing Cool Whip all over my body in pure ecstasy!

 

[imran5720]

Glad I bought back when it was ~$3 a share.

Oh when was that? 1950 ?

 

[69Mustang]

Yes I'm loving it! I'm so happy with the stock prices lately that I'm rubbing Cool Whip all over my body in pure ecstasy!

/Reads post by sk1wbw
Hmmm...
/Sinks every dime into "Wet nap" stocks
/Sips scotch
/Looks for can of Cool Whip

 

[CarpalMac]

I cannot help but wonder how much insider trading there has been, driving up the share price as much as it has over the last year. Roughly a 60% rise in value when it was already a well established financial juggernaut is astonishing. With the iPhone being such a large part of Apples income, it must be being based on what it expected next month and the subsequent income.

That sort of financial investment would certainly not be a result of investor dreams and surfing macrumors...

 

[Michaelgtrusa]

It should never be all about money.

 

[IJ Reilly]

Oh when was that? 1950 ?

Uhhh, no. Split adjustments, my friend. My AAPL cost basis (from when I bought nearly 20 years ago) is under $1 a share.

 

[adamjackson]

Anyone keeping track what Tim's RSUs are worth now? I hope he met all of the goals set in those stocks and will enjoy a nice long holiday when they vest.
[doublepost=1502214263][/doublepost]

Glad I bought back when it was ~$3 a share.

Bummed I bought at $9 a share and sold around $50 (pre-split). I totally knew what I was doing. Bought a laptop and a few tech things I wanted...sigh.

 

[0029937]

Man, watching this circle jerk around here is hilarious. Keep going boys! Don't stop.

 

[Carnegie]

Anyone keeping track what Tim's RSUs are worth now? I hope he met all of the goals set in those stocks and will enjoy a nice long holiday when they vest.
[doublepost=1502214263][/doublepost]

Bummed I bought at $9 a share and sold around $50 (pre-split). I totally knew what I was doing. Bought a laptop and a few tech things I wanted...sigh.

Mr. Cook has 2.1 million outstanding time-based RSUs and 1.4 million outstanding performance-based RSUs. At $160 per share, combined they'd be worth $560 million.

 

[kyleh22]

Even 340 would seem normal for a company like Apple, but the stock business is a gambling business.

340 is not realistic. A company the size of apples is not going to grow 250% in one year. The market just isn't there for them to grow that much unless that start horizontally integrating extremely rapidly.

 

[Vanilla35]

Mr. Cook has 2.1 million outstanding time-based RSUs and 1.4 million outstanding performance-based RSUs. At $160 per share, combined they'd be worth $560 million.

Well that's really quite underwelming. He can only buy one of these:

http://www.dailymail.co.uk/news/article-4770622/Estate-Jerry-Perenchio-sale-350million.html

 

[OldSchoolMacGuy]

Oh when was that? 1950 ?

In the '90s. It dropped to as low as under $1 at one point.

 

[Carnegie]

Well that's really quite underwelming. He can only buy one of these:

http://www.dailymail.co.uk/news/article-4770622/Estate-Jerry-Perenchio-sale-350million.html

Well... hopefully the stock price will continue climbing so that he can pay for that place with his outstanding RSUs, rather than having to go into his savings and/or selling other stock that he has.

Because... taxes. Mr. Cook typically has more than half his shares withheld for tax purposes when they vest.

 

[Bonte]

340 is not realistic. A company the size of apples is not going to grow 250% in one year. The market just isn't there for them to grow that much unless that start horizontally integrating extremely rapidly.

Historically and compared to other companies 340 is realistic but indeed not now or next year, Apple is to big.

 

[IJ Reilly]

In the '90s. It dropped to as low as under $1 at one point.

Not really. It only looks that way from today's chart. Keep in mind, when AAPL was selling for $25/share in the 1990s, the split price adjusted for now comes to under $1, but the actual trade price at that time was still $25/share.

 

[patent10021]

Before the affliction there is always a zenith. This is how it will befall. First there will be a tantalizing Babson Break-like market slide which men will obtusely postulate is a healthy correction and the reek of gluttony will imbue. Hereafter the earth will crumble beneath their feet and they will join the poor in purgatory and undergo purification.

 

[DCJ001]

My stock portfolio is up 15% in 3 months.

Pretty sure I'm doing better than Warren Buffet at this whole stocks thing.

(Of course, I'm basically just gambling, so I only have $533 worth of stocks that I personally manage. One stock of AAPL. One stock of TSLA. Feels better to own them than to say, "Darn, I knew that'd happen, I should have bought some stock.")

Warren Buffett owns more than $20 billion worth of Apple stock. So I believe that he is doing very well.
[doublepost=1502226638][/doublepost]

It should never be all about money.

It is always about money.
[doublepost=1502226857][/doublepost]

Well... hopefully the stock price will continue climbing so that he can pay for that place with his outstanding RSUs, rather than having to go into his savings and/or selling other stock that he has.

Because... taxes. Mr. Cook typically has more than half his shares withheld for tax purposes when they vest.

Tim Cook is due to receive a $44 million bonus soon.

https://9to5mac.com/2017/08/02/tim-cook-bonus/amp/

 

[Carnegie]

Tim Cook is due to receive a $44 million bonus soon.

That's part of the 3.5 million outstanding RSUs which I referred to.

 

[supremedesigner]

Timothy Donald Cook is such a underrated CEO.

I see what you did there.

 

[dogslobber]

More AAPL stock pumping pieces.

 

[macs4nw]

I woulda, shoulda, coulda that's over 1100 bucks pre-split.....

 

[UltimaKilo]

I remember when everyone said I was crazy in 2015 when I sold off 85% of my portfolio and bought Apple when it dipped under $100.

Let's be very clear: Apple still has plenty to grow and is still cheap. If the Trump administration is able to lower the corporate tax rate and get a tax holiday approved for repatriation, you could see Apple hitting $200 sooner rather than later, especially with the iPhone 8 on the horizon, the Indian market and the ever-growing services sector.

A one time cash payout with an increase in dividend to .66 a share is very possible. You do NOT want to miss out on this opportunity.

 

[IJ Reilly]

Let's be clear, anybody who claims to know when a stock is cheap or expensive is making it up.

 

[DeepIn2U]

Thinner and faster never gets old.

Jesse Owens!

Beautifully done and applied. Surprised ... did Apple+Jobs feature him in Think Different campaign? I'd be baffled as to why not he truely thinked differently in the face of evil quite literally.

Personally, I think Apple hits $200 before November - right after a TC announcement that their overwhelmed of the success rate of pre-orders and sales of iPhones late 2017! I see a stock split in Spring 2018 OR Dividend increase.

I know I did my part contributing to this stock price: Upgraded to 2nd Apple Watch Nike+ (son) and iPhone 7 256GB Matte Black - sweet kit!


PS: Apple time to increase the Dividend above 0.80 cents ... like seriously! Should be $3US (I get about as much from 3 of the Canadian banks and their volume of trade, common stock price and entire worth is less than Apple each (I think)).