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iPod Projections
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Does anyone else find this odd?
I'm not the greatest investor either, but I find it very suspicious that Apple exec's have been offloading hundreds of thousands of shares of stock since the last quarterly earnings call. Several Apple execs have cashed out tens of millions of dollars worth of stock. For a company with a current market cap of 20 billion, those sales might not amount to much, but why pull out unless you think the stock price has peaked?
But, what do I know, perhaps those hundreds of thousands of shares are a just a small amount of their Apple stock holdings and they are just taking out a few million for Christmas shopping. I suppose it is more likely that the execs had pre-planned orders that executed since execs are so often blacked out from stock transationcs due to SEC regulations... it's more fun to speculate though.
swissmann said:I'm glad that the iPod is helping out this computer company so much financially. I just hope that they continue to focus on the computer side as well. I love my iPod but if I had to give up my iPod or my Mac easily the iPod would go. Also the stock has been hot, but I would be surprised if it goes much higher than it is now. I'm not the greatest investor though so don't trade off my opinion.
I'm not the greatest investor either, but I find it very suspicious that Apple exec's have been offloading hundreds of thousands of shares of stock since the last quarterly earnings call. Several Apple execs have cashed out tens of millions of dollars worth of stock. For a company with a current market cap of 20 billion, those sales might not amount to much, but why pull out unless you think the stock price has peaked?
But, what do I know, perhaps those hundreds of thousands of shares are a just a small amount of their Apple stock holdings and they are just taking out a few million for Christmas shopping. I suppose it is more likely that the execs had pre-planned orders that executed since execs are so often blacked out from stock transationcs due to SEC regulations... it's more fun to speculate though.
$13 stock
Just within the past 18 months, I think the stock got as low as $13 per share. I asked my father who is a CPA for a share or few, mostly just so I could have some, not necessarily for financial gain. However, being the complete idiot that I am and never knowing anything (extreme sarcasm here), look at what happened! That stock price was one of the lowest prices ever for Apple and now they have recently shot up way beyond I would have ever thought they would have! I would be happy with the stock at $25. If it truly has shot up to $54 per share, that looks good for Apple. But then, I have no real trust in Wall Street. Who are they to determine how much a company should be worth? Several quarters ago, it seemed like that whenever Apple would post a profit or come out with a new product, their stock would go down! Huh?! But too bad I didn't invest in some stock. If I had had lots of money, I would have really done well now. But then again, maybe if I had bought a lottery ticket, I might have won. Then again...maybe not.
Just within the past 18 months, I think the stock got as low as $13 per share. I asked my father who is a CPA for a share or few, mostly just so I could have some, not necessarily for financial gain. However, being the complete idiot that I am and never knowing anything (extreme sarcasm here), look at what happened! That stock price was one of the lowest prices ever for Apple and now they have recently shot up way beyond I would have ever thought they would have! I would be happy with the stock at $25. If it truly has shot up to $54 per share, that looks good for Apple. But then, I have no real trust in Wall Street. Who are they to determine how much a company should be worth? Several quarters ago, it seemed like that whenever Apple would post a profit or come out with a new product, their stock would go down! Huh?! But too bad I didn't invest in some stock. If I had had lots of money, I would have really done well now. But then again, maybe if I had bought a lottery ticket, I might have won. Then again...maybe not.
Wow, it's nice to see Apple's stock to go up a bit. Not that it really matters to an average consumer, but it's still cool. Hopefully it will stay up not just because of iPods, but because of it's hardware/software too. When the iPod craze dies down, they're going to need something to keep them there. (not that they don't have it, but they need to market it!)
joemama said:
http://www.travelzoo.com/
They went public a few years ago and had a promotion where they gave you a free share for every person you emailed their promo to. Or something like that. I've got a handful of shares, nothing significant.
Apple stock last split back on June 21, 2000. If you had stock before then you would have gotten a 2 for 1 split.
toolhouse said:
Must be nice to throw $20,000 into one stock. So are you a doctor or a bull-@#$%ter?
options
The Apple options are a nice buy just before the next financial release. The last three times the stock has gapped up. But when the analysts get on board and also start to jack up the expectations the stock price starts to run ahead of itself. This Q will likely bring the last gap up. (if at all) for example You could have bought Jan05 $50 call options for 75 cents just prior to the release of Q4 data. They now sell for $6.90 a share . Almost a tenfold increase.
I buy and sell a lot of Options. If the iMac sells and the iPod keeps on selling my best guess is that Apple will be at $80 a share in Feb and start to fall during the next Q. I really hated that Merrill upped the price target to $61.. This means the stock has less of a chance to gap as the price will be driven up from now until January.
~Shard~ said:Must be nice to throw $20,000 into one stock. So are you a doctor or a bull-@#$%ter?
The Apple options are a nice buy just before the next financial release. The last three times the stock has gapped up. But when the analysts get on board and also start to jack up the expectations the stock price starts to run ahead of itself. This Q will likely bring the last gap up. (if at all) for example You could have bought Jan05 $50 call options for 75 cents just prior to the release of Q4 data. They now sell for $6.90 a share . Almost a tenfold increase.
I buy and sell a lot of Options. If the iMac sells and the iPod keeps on selling my best guess is that Apple will be at $80 a share in Feb and start to fall during the next Q. I really hated that Merrill upped the price target to $61.. This means the stock has less of a chance to gap as the price will be driven up from now until January.
~Shard~ said:Must be nice to throw $20,000 into one stock. So are you a doctor or a bull-@#$%ter?
None of the above. Just a mac believer since day one. I make money on my mac. Even own a working Lisa. Done well investing in companies I believe in. Never even considered buying one share of MS on principle, even though I would have made money.
toolhouse said:
A true Mac believer. Keeping away from the dark side like that. Way to go! I got in on the ground floor of UPS stock (at the employee rate) and I'm loving that.
On another note, I believe the iPod Photo is really going to take off when they add quicktime to it. Such an easy addition, you know they didn't add it already as a marketing strategy for the next revision to sell like this one.
You go you smart Apple marketing people!
toolhouse said:
Good for you then bud, that's the way to do it. (And I was just having some fun, hope you didn't take it personally - that's just the way I am...
)And although I wish could have gotten in on the MS IPO in '86, I don't think I would consider buying their stock anytime soon either...
And I tell my dad to buy stock earlier this year, and then in september he goes "oh I knew not to buy stock, they don't have any imacs for the back to school crowd." If only he had bought.
This is great news. Now all Apple has to do is get people as interested in their computers as with the iPod!
gadg said:
i've been wondering about this also. i'm not sure how i feel about the AXp in my iPod, though. if i'm close enough to my AXp nodes, i'm in range of my G4 to do that work. if i'm "on the road", wouldn't it be easier to just run an audio cable to the speakers straight from the iPod? apart from wireless headphones (would i need a brick the size of the AXp on the side of my head for those to work?), i'm just not a big fan of wireless contained w/in the ipod.
people keep posting here about making the iPod the remote for itunes, but there are just too many reasons not to do that:
- for starters, i don't want a $600 remote.
- secondly, i sometimes leave it in the car. that's ok right now b/c i only listen to it in the car & at work, but i don't want to have to track it down every time i need to change a song.
- how many times have you guys dropped a remote? any of them have hard drives in them? exactly
- i'm certainly no EE, but wouldn't it be fairly simple to do some sort of normal IR remote interface that would plug into the USB port on the AXp to control itunes? a similar thing to those IR repeaters that some stereos come with? IR remote sends signal to the AXp, translates info, sends it to iTunes & then back. someone please get going on this, i'm tired of running up & down the stairs in my loft!!
4 million iPods... Notice that nobody has had to say the words "million units" in connection with Apple computers for a long, long time. If the profit margin on iPods is where it should be, the computer biz will likely be only an afterthought for the near future.
~Shard~ said:I really want some iSocks...
How sad is it when Apple makes something so silly. Of course, I'm getting them
btw, I'm doing my part. I just got myself an iPod. Its kind of heavy though...
Oh, and I think Apple will be at 80 a year from now. Barring anything crazy happening, they can move 20-25 million iPods next year easy. Of course, if they come out with a flash pod, like a 2-4GB for $150-$200 and add a 6GB mini, could be more like 35-40million.