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Apple's Stock Price Tops $410 to Reach All-Time High

AppleScruff1 said:
The stock will do better now that Steve has stepped down. He was holding the company back with his dictatorship. It will have a more human feeling with Tim at the helm.
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You know, in some ways I'm going to agree with you on this. I'm starting to see some core changes allowing innovation to continue, yet not be micromanaged. This stimulates even more activity, with the same level of QC.

Apple will always be Steve. However, IMO this horse is ready to leave the gate in a VERY big way.

Tim is Steve until Scott takes over in 10-12 years. Then Tim will be Chairman, and "The Assimilation Continues". :apple:
 
AppleScruff1 said:
The stock will do better now that Steve has stepped down. He was holding the company back with his dictatorship. It will have a more human feeling with Tim at the helm.
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If Tim is smart he'll do everything he can to run Apple in much the same way. Because that way works, it's the way that has kept Apple in the industry leadership position, and it makes a ****-ton of money.

I wonder how many Apple-initiated lawsuits against copyist rivals will make people realize that it'll be business as usual at Apple.
 
Glideslope said:
You know, in some ways I'm going to agree with you on this. I'm starting to see some core changes allowing innovation to continue, yet not be micromanaged. This stimulates even more activity, with the same level of QC.

Apple will always be Steve. However, IMO this horse is ready to leave the gate in a VERY big way.

Tim is Steve until Scott takes over in 10-12 years. Then Tim will be Chairman, and "The Assimilation Continues". :apple:
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I didn't post that to be sarcastic. That is what I really think. Tim can make some changes without abandoning what made Apple what it is today. Steve will always be the face of Apple and rightfully so. It is time to let someone else take the reins.

*LTD* said:
If Tim is smart he'll do everything he can to run Apple in much the same way. Because that way works, it's the way that has kept Apple in the industry leadership position, and it makes a ****-ton of money.

I wonder how many Apple-initiated lawsuits against copyist rivals will make people realize that it'll be business as usual at Apple.
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I would think that Tim would keep the parts that will continue to work well and be open minded enough to give other things a try. he won't let his ego get in his way, ie, he won't cut off his nose to spite his face. Steve got Apple to where it is, Tim can take it to the next level. I think at some point in time these lawsuits are going to backfire on Apple and the consumer will take notice. You need to chose your battles. Or sooner or later the Gov will step in.
 
*LTD* said:
I wonder how many Apple-initiated lawsuits against copyist rivals will make people realize that it'll be business as usual at Apple.
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Actually, it looks like the "litigate, don't innovate" craze is part of the new regime - there were some suits during the years of the turtlenecked overlord, but now that "MBA Tim" is running the show there seem to be more, and they seem to be more overtly anti-competitive. (Note that "now" means "since The Steve's latest open-ended medical leave", not since the very recent announcement of his resignation as CEO.)

But, in the long term, "anti-competitive suits" may be a good thing if they attract the attention of the DOJ and the EU. ;)

And best of luck to Samsung in getting injunctions to block the sale of the Iphone 4S/5. Apple needs a Galatian lesson ("for whatsoever a man soweth, that shall he also reap" KJV).
 
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paul4339 said:
Petro-China held that title in 2007.

.
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PetroChina peaked at ~$500b.

aapl will easily break $500b in 2012.

cheers to the longs
JohnG

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Rodimus Prime said:
over 33% increase is not to shabby.

Apple is going to fall under the to big to fail companies so they will get some pretty heavy handed regulation put on them. That or encourage to break up into multiple smaller companies.
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Apple is the Golden goose for American capitalism. Gov will be hands off until it reaches $1t market cap. After that, I could care less.

cheers to the longs
JohnG
 
johnnymg said:
PetroChina peaked at ~$500b.

aapl will easily break $500b in 2012.

cheers to the longs
JohnG

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Apple is the Golden goose for American capitalism. Gov will be hands off until it reaches $1t market cap. After that, I could care less.

cheers to the longs
JohnG
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When it hits $1 trillion market cap, how will that affect your life?
 
pgiguere1 said:
In case anyone's truly wondering, you can use an online discount broker. You are on your own, no advice or service is given to you, and everything is done in real time from a web browser.

So yeah, it's basically as easy as adding an item to your cart. If you lose though, you can't blame no one but yourself.

I pay 29$ per transaction, either it's buying or selling stocks, no matter the amount of stocks. That means the commission is relatively lower when you buy large a amount of stocks.
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You sir, are getting ripped off.

I pay 2.95 (now 3.95 for new accounts) a trade. I use optionshouse, its a pretty good service.
 
Inflated if you ask me...$400/share? No company is worth that...Not sure who's actually buying at $400/share or even $250/share in thinking that they can buy enough to later sell enough to actually make a hefty profit (after taxes of course).

I don't care...I don't own a single share...I like Apple (just like I like Nike and Sony) but I don't own any of these company's stocks. Glad some people here are happy.
 
ericinboston said:
Inflated if you ask me...$400/share? No company is worth that...Not sure who's actually buying at $400/share or even $250/share in thinking that they can buy enough to later sell enough to actually make a hefty profit (after taxes of course).

I don't care...I don't own a single share...I like Apple (just like I like Nike and Sony) but I don't own any of these company's stocks. Glad some people here are happy.
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well by share price Google is worth more and I can think of a few other companies with high share price. Heck I think there are a few were the share prices are around 10-15k. Mind you those shares are not traded very often and there are not very many of them. It is more you have to look at market cap.

In terms of physical assets apple might be over valued
 
ericinboston said:
Inflated if you ask me...$400/share? No company is worth that...Not sure who's actually buying at $400/share or even $250/share in thinking that they can buy enough to later sell enough to actually make a hefty profit (after taxes of course).

I don't care...I don't own a single share...I like Apple (just like I like Nike and Sony) but I don't own any of these company's stocks. Glad some people here are happy.
Click to expand...
The share price is irrelevant until you consider the company's finances in a broader sense whether it's AAPL trading at $410, Google trading at $546 or Berkshire-Hathaway Class A shares trading at $104,000.

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AbyssImpact said:
Haha $400 a share? Why buy that when you can spend around a houndred more for an iPad 2?
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Because the value of an AAPL share will likely appreciate. Your iPad will not.

If you bought five shares of AAPL in August 2010 (at $240) and sold them today ($410), you could have easily bought an iPad even after long-term capital gains taxes. That's right, basically other Apple customers would have bought you an iPad.
 
Pre-release stock boost. I think so! Amazing how much impact just knowing an iPhone will be released soon has.
 
Time flies. Upon graduating from college 19 years ago, the gift my parents gave me was a huge number of shares in my favorite company. One known as Apple Computer.

Although the business savvy of my Dad's broker tried to talk him out of this low priced, under performing stock issued by the small Cupertino firm, he knew how much I liked the PowerBook I was using.

Each year since, I've added more & more shares. Little did I ever imagine the stock I hold today would be so valuable. Every year when I buy a new Apple computer or other products it's as though it's free. An amazing phenomenon.

Thanks Apple :)
 
johnnymg said:
Rev doesn't mean Sh. It's net income that matters and that's where Apple rules.

Some of the comments here make me weep for the future. :(
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What's the difference net income and profit (which I mentioned)?

Why does revenue mean nothing? It seems to me like a key indicator that one would use, in concert with other indicators, to assess a company's performance.

Edit:

Looks like the difference is nothing. It's $14 billion on $65 billion of revenue:

http://finance.yahoo.com/q/is?s=AAPL+Income+Statement&annual
 
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ericinboston said:
Inflated if you ask me...$400/share? No company is worth that...Not sure who's actually buying at $400/share or even $250/share in thinking that they can buy enough to later sell enough to actually make a hefty profit (after taxes of course).

I don't care...I don't own a single share...I like Apple (just like I like Nike and Sony) but I don't own any of these company's stocks. Glad some people here are happy.
Click to expand...

The problem here is that you don't understand P/E ratios, or Price to earnings ratio.

To put it simply, would you buy a pizza for $12 dollars?

Now what if I tell you that the pizza is only a 2 inch pizza....it would be overvalued, right?

Well, what if I told you it was a 30 inch pizza...then you'd think it was disgustingly cheap!

The price per share is irrelevant until you look at the assets, earnings, and growth of a company.

Check out the link I posted:
http://prooftrader.com/symbol/AAPL/1081/Ignore-the-rest-of-the-market

It will help you understand these concepts.
 
pgiguere1 said:
In case anyone's truly wondering, you can use an online discount broker. You are on your own, no advice or service is given to you, and everything is done in real time from a web browser.

So yeah, it's basically as easy as adding an item to your cart. If you lose though, you can't blame no one but yourself.

I pay 29$ per transaction, either it's buying or selling stocks, no matter the amount of stocks. That means the commission is relatively lower when you buy large a amount of stocks.
Click to expand...

Why would you pay $29 per transaction when Scottrade offers a $7 flat fee? I'm simply asking the benefit, trying to understand better.
 
murdoc158 said:
How does the average person go about buying stock in Apple? You can't just go to the iTunes store and add stock to your cart (although this would be awesome). Seems silly to sign up for something like Fidelity just to buy stock in 1 or 2 companies.
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Now you went and did it!! You just gave Apple the idea on what to add to the iTunes store next.

"Give me the song of the week, two free apps, an iBook and a couple of those Apple stocks." ;)
 
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