im an official share holder

jer446

macrumors 6502a
Original poster
Dec 28, 2004
826
0
Im am now an official share holder of aapl, yippee.. it lost 2 bucks and 30 cents today so i thought id buy, hopefully it does well... :p
 

grapes911

Moderator emeritus
Jul 28, 2003
6,995
3
Citizens Bank Park
jer446 said:
Im am now an official share holder of aapl, yippee.. it lost 2 bucks and 30 cents today so i thought id buy, hopefully it does well... :p
I want to buy a new powerbook. Think you can get me a good discount? :D
 

runninmac

macrumors 65816
Jan 20, 2005
1,494
0
Rockford MI
Weird!! A few days i ago i bought AAPL too. Yeah ive lost about $3 a share... but it will hopefully go back up. I was about to buy it when it was at 17-20. (im so stupid...)
 

jer446

macrumors 6502a
Original poster
Dec 28, 2004
826
0
wait i get a discount being a shareholder??!! please fill me in..
 

Yvan256

macrumors 603
Jul 5, 2004
5,041
912
Canada
jer446 said:
Im am now an official share holder of aapl, yippee.. it lost 2 bucks and 30 cents today so i thought id buy, hopefully it does well... :p
Bah, I bought at around 44.60$... I hope it goes back up soon. ;)

If you check the charts, it was going up and up, and after the split, down, down... What gives? Does everybody thinks it lost 50% of its value on monday or what?

In any case, the target was said to be about 100$ before the split, and we all know those "analysts" always under-estimate Apple, my personnal target was about 112$, which means about 56$ now.

Come on, iBook/iMac/PowerMac updates!
 

acedickson

macrumors 6502a
Dec 6, 2004
727
0
ATL
They should give stockholders discounts. Maybe equivalent to the EDU discount. That would be a great perk to buy shares...not to mention the way their stocks have been since the iPod.
 

kwajaln

macrumors 6502
Sep 18, 2004
369
0
CHICAGO!
To answer the WHY behind the recent drop in AAPL:

(Dow Jones)--Shares of Apple Computer Inc. (AAPL) fell nearly 6%
Thursday after online music competitor Napster Inc. (NAPS) raised its revenue
target for the current quarter, citing robust growth in its music subscription
service.
That news, said analysts, led to concerns that Apple is facing greater
competition in a market that it has largely called its own.
"Investors may be concerned this reflects increase competitive pressure
and/or share gains from Apple's dominant iTunes music service," said First
Albany Corp. analyst Joel Wagonfeld in a research report.

There's more, but you get the point. That was forwarded to me by my stockbroker, by the way.
 

Fender2112

macrumors 65816
Aug 11, 2002
1,085
280
Charlotte, NC
kwajaln said:
To answer the WHY behind the recent drop in AAPL:

(Dow Jones)--Shares of Apple Computer Inc. (AAPL) fell nearly 6%
Thursday after online music competitor Napster Inc. (NAPS) raised its revenue
target for the current quarter, citing robust growth in its music subscription
service.
That news, said analysts, led to concerns that Apple is facing greater
competition in a market that it has largely called its own.
"Investors may be concerned this reflects increase competitive pressure
and/or share gains from Apple's dominant iTunes music service," said First
Albany Corp. analyst Joel Wagonfeld in a research report.

There's more, but you get the point. That was forwarded to me by my stockbroker, by the way.
Until the numbers are made public, I would not sweat it. They raised their target from 15 million to 16 million in revenue. The question is how much of that is profit. We know that about 15% was wasted on a "math" lesson. And a large portion of that will come from the selling of Roxio's software division.

I personally don't feel that Napster will hurt Apple. Napster is a one act show. And not a good one at that. Apple is "Top Dog" and other companies will enter the music service and try to take some of that market share. As they do, they will also eat into Napster's share, which isn't much to start with.
 

baummer

macrumors 6502a
Jan 18, 2005
951
27
Southern California
acedickson said:
They should give stockholders discounts. Maybe equivalent to the EDU discount. That would be a great perk to buy shares...not to mention the way their stocks have been since the iPod.
I'm fairly certain that would be illegal....(offering product discounts for anyone who purchases stock)
 

slipper

macrumors 68000
Nov 19, 2003
1,542
32
jer446 said:
Im am now an official share holder of aapl, yippee.. it lost 2 bucks and 30 cents today so i thought id buy, hopefully it does well... :p
cool ;) so how much did you buy?
 

jer446

macrumors 6502a
Original poster
Dec 28, 2004
826
0
i only bought about 1300 dollars worth of it, i had it in a mutual fund that i sold..
 

baummer

macrumors 6502a
Jan 18, 2005
951
27
Southern California
firewizard said:
how would that be illegal? :confused: :rolleyes:
I can't remember where I read something similar, but due to some SEC regulations, businesses who are publicly traded cannot offer incentives in return for purchasing stock. Why do you think there are so many companies who publicly trade but do not provide incentives/discounts/etc. to purchase stock?
 

acedickson

macrumors 6502a
Dec 6, 2004
727
0
ATL
snkTab said:
even if it wasn't illegal, it would be so unethical.
I don't agree because when you're a shareholder you essentially own a part of the company. It may be against SEC R&R I don't know. I think it'd be nice if it was that way. If I had money to invest right now AAPL would be one of them, discounts or not.
 

slipper

macrumors 68000
Nov 19, 2003
1,542
32
ill give you a discount if you invest in my company ;) ...

sounds like something similar to rebating or bribing
 

acedickson

macrumors 6502a
Dec 6, 2004
727
0
ATL
slipper said:
ill give you a discount if you invest in my company ;) ...

sounds like something similar to rebating or bribing
Anyone with ownership in the company is entitled to discounted rates on company products.

Doesn't sound sleazy like the other. Anything can be made to sound good or bad. :D


I wasn't incinuating it be advertised. I'm sure big fish are offered better deals than that from other corporations. Why not throw a bone to the little guys, hehe.
 
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