Are Apple shares worth it?

gangst

macrumors 6502a
Original poster
Dec 27, 2004
614
0
UK
Hi,

Recently I've come into about £900 and am thinking of investing in Apple shares. I don't really follow the markets, but I know some of you guys have Apple shares. Do any of you have any speculation as to how Apples shares will do in the next year, because I am looking for a quick return (say 5 months), or shouyld I just keep my cash in my bank account?

Thanks, gangst
 

gwuMACaddict

macrumors 68040
Apr 21, 2003
3,124
0
washington dc
900pounds is not enough money to get you a quick return in anything other than betting at the racetrack.

you're better off investing long term
 

gangst

macrumors 6502a
Original poster
Dec 27, 2004
614
0
UK
gwuMACaddict said:
900pounds is not enough money to get you a quick return in anything other than betting at the racetrack.

you're better off investing long term
That might be the case, but profit can still be made, I would like to make a quick return, but I'd also like to invest (even if a small amount) in a company that I like and respect.
I was more intrested in what was predicted to happen to Apple shares in the next year.
 

rdowns

macrumors Penryn
Jul 11, 2003
27,397
12,511
Too bad you didn't buy in this morning. Shares are up $1.97 today as I write this. I've made a ton on Apple the past 3 years. I still own 350 shares at a cost basis of $11.22.

I still think Apple is a good long term investment. Solid fundamentals, strong earnings and margins, no debt and a huge buzz around them for the past 18 months. They are firing on all cylinders as a company despite their chip woes. Intel should end that problem.
 

jhu

macrumors 6502a
Apr 4, 2004
854
0
how much of a return are do you want? if you want a large, quick return within the next year, you're speculating, not investing.
 
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