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Apple's Stock Reaches Highest Price Since 2015

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Apr 12, 2001
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Apple's stock price is currently hovering around the $120 mark in intraday trading, its highest level since late 2015. The stock has been steadily climbing in value since dropping to a 52-week low of $89.47 in May 2016.

aapl-2017.jpg

2016 marked Apple's first year-over-year decline in revenue since 2003, and first drop in iPhone sales ever, but its stock price appears to have mostly weathered the storm. Since bottoming out, Apple has introduced the iPhone 7 and iPhone 7 Plus, long-awaited new MacBook Pro models, Apple Watch Series 2, and AirPods.

This year, Apple is rumored to introduce at least one majorly redesigned iPhone, a trio of iPads, and new Macs, including an updated iMac with the option for AMD graphics, new 12-inch MacBook models with Kaby Lake processors and up to 16GB of RAM, and a 15-inch MacBook Pro with Kaby Lake and 32GB of RAM.

Last month, Apple analyst Brian White said he "continues to believe Apple is one of the most underappreciated stocks in the world," partly due to "a never ending waterfall of 'gloom and doom' media reports" surrounding the company.

Article Link: Apple's Stock Reaches Highest Price Since 2015
 
Article Link
https://www.macrumors.com/2017/01/18/aapl-highest-since-2015/
Mlrollin91 said:
Waiting for the "Apple is doomed" comments.

In 3..2..1..
Click to expand...
I've always liked how willing people are to say Apple is doomed… without giving any sort of timeframe. I'm doomed, you're doomed, we're all doomed if you want to be vague about it. If you keep saying Apple will fail, eventually you'll have to be right.

Here are some other prognostications:
You'll blink!
You'll sleep!
You'll feel slightly ill due to some smell!
 
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Just wait for the earnings.
Even with the Note 7 scandal, Q4 sales have not met expectations (iPhone 7, new MacBook Pro, ...).

I wish it wasn't true: I own some Apple Stocks.
 
Last edited:
AngerDanger said:
I've always liked how willing people are to say Apple is doomed… without giving any sort of timeframe. I'm doomed, you're doomed, we're all doomed if you want to be vague about it. If you keep saying Apple will fail, eventually you'll have to be right.

Here are some other prognostications:
You'll blink!
You'll sleep!
You'll feel slightly ill due to some smell!
Click to expand...

Well even a broken clock is right twice a day!
But seriously, Apple is not doomed. At least not for any foreseeable future.
 
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Reactions: EdRed
I still sold at $115 and happy I did.

They're a safe bet for mutual funds and 401k's, but Apple is no longer the smart short-term growth stock it once was. They're just not exciting anymore.
 
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Reactions: dan110
This kind of "success" will keep Timmy doing what he is doing.

By the time Apple realizes they've made a mistake, it'll be too late.

Both Microsoft and Google are playing the long game, and when the sh hits the fan, it'll be too late.

Apple is in chaos. This is nothing but a mask.

This article gives a good glimpse inside the madness:

https://www.bloomberg.com/news/articles/2016-12-20/how-apple-alienated-mac-loyalists
 
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Mlrollin91 said:
Waiting for the "Apple is doomed" comments.

In 3..2..1..
Click to expand...
On the bright side, I no longer have to wait for a "waiting for the..." comment. You guys bring so much to the conversation. What would we do without you? Much appreciated.:)

On topic: Trying to predict Apple's stock price based on their tech output is a losing proposition. The market and AAPL the stock have very little to do with Apple the company. It's primarily legalized gambling on a massive scale.
 
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freepomme said:
The Airpods and iPhone 7 is a failure. You can sit them side by side.

As a matter of fact, put those new Macs with them too. And actually, you can sit the iPad Pro there. And the watch.

A bundle of failure.
Click to expand...
Can't tell if serious... also this article is about Apple stock hitting the highest price in a couple years. And you just called the majority of their revenue producing products failures. You might be on the wrong side of public opinion here.
 
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69Mustang said:
On the bright side, I no longer have to wait for a "waiting for the..." comment. You guys bring so much to the conversation. What would we do without you? Much appreciated.:)

On topic: Trying to predict Apple's stock price based on their tech output is a losing proposition. The market and AAPL the stock have very little to do with Apple the company. It's primarily legalized gambling on a massive scale.
Click to expand...

I figured if I said it right at the top, we wouldn't have to deal with it 100 more times in the thread.
[doublepost=1484762154][/doublepost]
thewebb said:
Can't tell if serious... also this article is about Apple stock hitting the highest price in a couple years. And you just called the majority of their revenue producing products failures. You might be on the wrong side of public opinion here.
Click to expand...
He is serious. Look at his post history... Truly a hater.
 
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I sold about 20% of my portfolio about two months ago. I felt the need to have a bit more cash on hand and also diversify a bit. Oh well, I missed out on the run up since then on the piece I sold. Happy that the remaining 80% has enjoyed an increase in value. And I'm looking forward to my dividend. But if it goes up much higher I might have to revisit the need (or prudence) to diversify again.

But this doesn't change the fact that selling the Mac Pro at its current price is a travesty. And the new MacBook Pro is annoyingly pricey (I don't buy in that it is under powered for a laptop; if you need more power that is where Apple should have an updated Mac Pro for you to buy).
 
melendezest said:
This kind of "success" will keep Timmy doing what he is doing.

By the time Apple realizes they've made a mistake, it'll be too late.

Both Microsoft and Google are playing the long game, and when the sh hits the fan, it'll be too late.

Apple is in chaos. This is nothing but a mask.

This article gives a good glimpse inside the madness:

https://www.bloomberg.com/news/articles/2016-12-20/how-apple-alienated-mac-loyalists
Click to expand...
I agree with you on Microsoft-- the new management is making some good decisions. Not so sure on Google though-- I get the sense Alphabet is what happens when you give a couple geeks a slush fund. Fun tech, no doubt, but I'm not sure what good it's doing for their business.
 
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Reactions: Huck
AngerDanger said:
I've always liked how willing people are to say Apple is doomed… without giving any sort of timeframe. I'm doomed, you're doomed, we're all doomed if you want to be vague about it. If you keep saying Apple will fail, eventually you'll have to be right.

Here are some other prognostications:
You'll blink!
You'll sleep!
You'll feel slightly ill due to some smell!
Click to expand...

Aug. 23 2020 is the date.
 
ryanwarsaw said:
Airpods going out the door to the tune of 5 bil at least.
Click to expand...

I don't know where you are getting that estimate, but I do agree that these things seem to be huge sellers and potentially have very nice margins. I suspect they also have the ability to produce even better margins in the future as Apple gets those of us who don't buy headphones as expensive as Beats used to spending over $100 for a pair of headphones. I really like mine. And since I suspect I will lose them at least once a year, I suspect Apple will be getting more cash from me in the future.

I'm curious how AirPods by themselves will rank in a year as a Fortune 500 company.
 
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