Apple's Stock Sets First New All-Time High Closing Price in Nearly Two Years

[Small White Car]

I had to sell all of my Apple stock in 2015 to get through the first year of my own startup business without income.

I absolutely owe Apple thanks for making my business possible. I literally could not have done this without its massive growth over the 7 years I owned it.

Not really relevant to anyone here, I guess, but it feels good to point out how Apple has helped me.

 

[BoltmanLives]

AAPL just broke out, it's going up nicely.

Barring the odd macro crash, the company valuation will probably break the $1 trillion mark by early next year at around $190 a share. Even at that level, it would remain severely undervalued.

1 trillion dream on...nothing to support this short term rise iPhones were down in 13-week compares. iPhone is not going to continue forever.

 

[whit2891]

Nicely done! Unfortunately many people will see today's news and decide to buy Apple tomorrow, when they should have done what you did. Try to buy when everyone else is scared, and hold or sell when everyone is really excited again.

HOLD HOLD HOLD...

 

[cableguy84]

Apple still living off of Jobs.

 

[SeattleMoose]

AAPL just broke out, it's going up nicely.

Barring the odd macro crash, the company valuation will probably break the $1 trillion mark by early next year at around $190 a share. Even at that level, it would remain severely undervalued.

AAPL has always been undervalued. Especially compared to stocks like Amazon and Facebook.

 

[Plutonius]

AAPL just broke out, it's going up nicely.

Barring the odd macro crash, the company valuation will probably break the $1 trillion mark by early next year at around $190 a share. Even at that level, it would remain severely undervalued.

That's the thing about stocks. Nobody knows for sure what they will do. Unless it's a long term dividend stock, I agree with the other poster that you should consider selling some of the Apple stock if you have held it for at least one year.

Once enough new money has come into Apple stock, you will see a lot of negative Apple news come out to drive down the share price.
[doublepost=1487023715][/doublepost]

AAPL has always been undervalued. Especially compared to stocks like Amazon and Facebook.

That I would agree with but Apple is no longer really considered a growth company.

 

[djcerla]

That's the thing about stocks. Nobody knows for sure what they will do. Unless it's a long term dividend stock, I agree with the other poster that you should consider selling some of the Apple stock if you have held it for at least one year for capital gains purposes.

Once enough new money has come into Apple stock, you will see a lot of negative Apple news come out to drive down the share price.

I own Apple stock since 2004 and I had always regretted every single sale, even those that looked like no brainers. Some years ago I decided to stop trading it (by buying the number of shares needed to reach a nice rounded number that is a shame to "ruin" by selling small quantities). I suffered through the recession but held tight, and the move paid off, handsomely.

I'm long for the next 20 years.

 

[diegov12]

Still waiting for it…

You can only have a CEO without vision running the company for so long.

 

[MrX8503]

View attachment 688441 My most recent traunch was purchased at $88 and change (various close prices as fills happened). I posted here and suggested other folks consider doing the same. So there was some head's up. Now that portion of the position is up about 50.6% and now qualifies for long term capital gains treatment come May 2017.

The house in congress says they will be substantially lowering capital gains taxes next year, which will increase the overall gain by about 15% due to lower taxation.

I'm kicking myself for not buying more at $90. Sold some shares at $115 thinking it was peaking.

I'm holding the rest for now.

 

[theheadguy]

If you believe that 2017 Apple is "running on fumes" you have no understanding of the firm, at all. Apple is in the process of cornering all the core technologies they will need for the next generation products. Silicon? No rivals. Industrial processes? No rivals. Accessibility? No rivals. Health team? No rivals. Stores and support? No rivals. Maps? Getting better and better. AR ans AI? Beefing up the teams with dozens af acquisitions. Apple will be around much longer than all of us.

If you are going to tell someone they don't know what they are talking about, then have a firm grasp on the facts yourself. Apple has "rivals" for all of what you listed. You mean to say that Apple can depend on in-house services for these things. That's quite different than "no rivals."

Even so, maps -- laughable... "getting better and better!"

"AR ans AI? Beefing up the teams with dozens af acquisitions."
LOL!!! You are what is called an apologist. Pathetic performance, or lack thereof, in this area.

 

[BoltmanLives]

Apple will struggle once the Mobile high end heats up, they are not positioned well in the Cloud either. This could very well be the peak of Apple as 2017 approached 2018 it will be apparent in the decline. Lots of "good news " for Apl and in reality its bad news ..iPhone should have clobbered Android and it failed to do so even with the best possible scenario..that says a lot about its future.

Studio basically also-ran Mac
Pretty sure Surface Pro LTE will do the same.

 

[thekeyring]

If you believe that 2017 Apple is "running on fumes" you have no understanding of the firm, at all.

Apple is in the process of cornering all the core technologies they will need for the next generation products. Silicon? No rivals. Industrial processes? No rivals. Accessibility? No rivals. Health team? No rivals. Stores and support? No rivals. Maps? Getting better and better. AR ans AI? Beefing up the teams with dozens af acquisitions.

Apple will be around much longer than all of us.

I'm glad there are still people here who have an ounce of logic.

 

[diegov12]

Silicon: Qualcomm/Intel/ARM
Industrial processes: HP+Microsoft
Accessibility: Microsoft
Health: Microsoft
Stores/Support: Microsoft's OEM network same for support.

Apl users better not sleep on Microsoft+ OEMs when they really focus on Mobile it won't be pretty for Apl, we already see it in every other sector look at Macs and iPads. Apl has had little real challenge at high end, that will change and change soon.

Keep in mind these "mind blowing #'s" are based on a declining group of humans Iphone globally . Iphone saturation globally has actually decreased and holds at about 12% almost single digits. Last year the stars aligned this year I doubt it.

Quallcom is getting crushed by apple in every performance metric,
If microsoft got their stuff right, surface would crushed the iPad at this point it hasn't.
[doublepost=1487024697][/doublepost]

Have you studied Apple's money focus as of late?

Where were you when they charged $$$ for updates? How about the original pricing of the 2008 MBA? Or the prices of new operating systems?

 

[BoltmanLives]

Quallcom is getting crushed by apple in every performance metric,
If microsoft got their stuff right, surface would crushed the iPad at this point it hasn't.
[doublepost=1487024697][/doublepost]
Where were you when they charged $$$ for updates? How about the original pricing of the 2008 MBA? Or the prices of new operating systems?

Don't worry it will

 

[triton100]

View attachment 688441

My most recent traunch was purchased at $88 and change (various close prices as fills happened). I posted here and suggested other folks consider doing the same. So there was some head's up. Now that portion of the position is up about 50.6% and now qualifies for long term capital gains treatment come May 2017.

The house in congress says they will be substantially lowering capital gains taxes next year, which will increase the overall gain by about 15% due to lower taxation.

Hi I take it you are in the states? What do you mean by 'long term' capital gains? Here in the U.K. it is 28% at any time (until this year they lowered it to 20%)
[doublepost=1487025371][/doublepost]

Congratulations, i did the same around $90, but didn't have the nerve to hang on to it and got out just above $120 ... i hope it tanks in late summer (like in Jul/Aug 2015).

This year is a super cycle though so the tank quiet period may not happen though we are also in the era of trump, euro instability and Middle Eastern turmoil so who knows what may rock the markets

 

[diegov12]

Don't worry it will

They won't every consumer product has not been growing and has been dropping because of amazon and google.
On high end computers, mac had more money than surface this time around.

 

[triton100]

I own Apple stock since 2004 and I had always regretted every single sale, even those that looked like no brainers. Some years ago I decided to stop trading it (by buying the number of shares needed to reach a nice rounded number that is a shame to "ruin" by selling small quantities). I suffered through the recession but held tight, and the move paid off, handsomely.

I'm long for the next 20 years.

Dont you ever want to sell and enjoy the money at some point? Long term holders past 7 years always strike me as not enjoying the fruits which seems counterintuitive

 

[Carnegie]

Hi I take it you are in the states? What do you mean by 'long term' capital gains? Here in the U.K. it is 28% at any time (until this year they lowered it to 20%)
[doublepost=1487025371][/doublepost]
This year is a super cycle though so the tank quiet period may not happen though we are also in the era of trump, euro instability and Middle Eastern turmoil so who knows what may rock the markets

Short term capital gains come from assets held for a year or less. They are generally taxed at normal income tax rates. Long term capital gains come from assets held longer than a year and are generally taxed at lower rates or, if one's income is low enough for the year in which they are realized, not taxed at all.

 

[BoltmanLives]

They won't every consumer product has not been growing and has been dropping because of amazon and google.
On high end computers, mac had more money than surface this time around.

You'll see apl is not keeping people interested many at-risk multi-decade users out there they will escape over next several years. Look at the products..yawnfests. Apl buying back stock indicates they have no great other places to put the $$$ and really dumb to do it at all time highs.

 

[diegov12]

If you are going to tell someone they don't know what they are talking about, then have a firm grasp on the facts yourself. Apple has "rivals" for all of what you listed. You mean to say that Apple can depend on in-house services for these things. That's quite different than "no rivals."

Even so, maps -- laughable... "getting better and better!"

"AR ans AI? Beefing up the teams with dozens af acquisitions."
LOL!!! You are what is called an apologist. Pathetic performance, or lack thereof, in this area.

Machine burning in iOS isn't bad at all…

 

[masterhiggins]

Mission accomplished.

 

[triton100]

Short term capital gains come from assets held for a year or less. They are generally taxed at normal income tax rates. Long term capital gains come from assets held longer than a year and are generally taxed at lower rates or, if one's income is low enough for the year in which they are realized, not taxed at all.

Wow that's amazing I heard something like that before but never really looked into it. In the uk you are taxed the same no matter when you buy or sell. I should seriously think about moving my shares to a US brokerage and moving to the states for a year just to get the lower tax rate.

 

[StyxMaker]

You can only run on fumes for so long.

Or, you can only claim that Apple is running on fumes for so long.

 

[triton100]

You'll see apl is not keeping people interested many at-risk multi-decade users out there they will escape over next several years. Look at the products..yawnfests. Apl buying back stock indicates they have no great other places to put the $$$ and really dumb to do it at all time highs.

Sheez what do you want them to do - build an invisible jet that travels through time and space? They make sexy laptops and super solid iPhones and innovate in a multitude of behind the scenes ways. Everyone wants a new magic toy every year. But I don't quite see any other company building shiny new magic toys every year ? If companies do then why do they still copy apple ? I dred to think what these haters were like as children each xmas.

 

[6803390]

What IF those batteries did not explode....?