New Apple Product Expectations See AAPL and Supplier Shares Surge to Record Highs

MacRumors

macrumors bot
Original poster
Apr 12, 2001
50,010
11,279



Shares in Apple supplier Taiwan Semiconductor (TSMC) hit an all-time high on Tuesday, coming on the back of record spikes in Apple's share price over the last rontew trading days.

TSMC share price rose to 195 New Taiwan Dollars, up NT$3.5 or 1.83 percent on the Taiwan Stock Exchange, breaking a previous record set in October 2016.


Shares in other Apple parts suppliers in Asia also rallied on Tuesday, reported Nikkei Asian Review. Shares in optical lens manufacturer Largan Precision hit an all-time high and contract electronics maker Pegatron reached the highest level since last year. At one point, Foxconn reached NT$91.80, its highest level since 2016.

The rallies came as Apple's own share price hit another all-time high on Monday, reaching $141.46 at the end of trading, following indications that the company could make new product announcements on Tuesday. Rumors suggest Apple is planning updated 9.7-inch and 12.9-inch iPad Pro models, a 128GB iPhone SE, a red color option for iPhone 7 and iPhone 7 Plus, and new Apple Watch bands.

The gains have also been fed by speculation surrounding Apple's "iPhone 8", which is expected to launch in the fall, but could conceivably appear earlier. Several financial analysts have raised their price targets for Apple's stock to between $150 and $185, according to research notes obtained by MacRumors.

TSMC is also thought to be considering moving some of its chip manufacturing into the United States, according to sources, with a decision said to be coming specifically in the "first half of 2018", with upwards of $16 billion potentially being invested in getting the American plant up and running.

Article Link: New Apple Product Expectations See AAPL and Supplier Shares Surge to Record Highs
 

randyj

macrumors regular
Aug 23, 2004
174
267
I saw that quote but only locked on to iPhone 8" bit.
Well an 8" iPhone would be extreme!
I just hope they do an 4" SE update!
 

djcerla

macrumors 68000
Apr 23, 2015
1,840
7,718
Italy
Apple shares are trading at $994.35 pre-7:1-split adjusted in premarket, at spitting distance from $1000 a share.

It's worth remembering that, after the drop from $200 to $80 in 2009, many on this forum predicted it would never recover, and the only analyst who kept his target at $800 was ridiculed.

In 2016, Apple's stock dropped again, and many on this forum predicted the iPhone and AAPL had peaked.

Let's sum things up with an appropriate song:

 
Last edited:

JeffyTheQuik

macrumors 68020
Aug 27, 2014
2,468
2,404
Charleston, SC and Everett, WA
Apple shares are trading at 992.88 pre-7:1-split adjusted in premarket, at spitting distance from $1000 a share.

It's worth remembering that, after the drop from $200 to $80 in 2009, many on this forum predicted it would never recover, and the only analyst who kept his target at $800 was ridiculed.

In 2016, Apple's stock dropped again, and many on this forum predicted the iPhone and AAPL had peaked.

Let's sum things up with an appropriate song:

Two things...
1. The two smartest things I did was buy AAPL at $250 in 2010 and use DRIP to reinvest the dividends.
2. I re-got my crush on Annie Lennox by watching that video. Thank you!
 

Bart Kela

Suspended
Oct 12, 2016
865
593
Searching...
Apple shares are trading at $994.35 pre-7:1-split adjusted in premarket, at spitting distance from $1000 a share.

It's worth remembering that, after the drop from $200 to $80 in 2009, many on this forum predicted it would never recover, and the only analyst who kept his target at $800 was ridiculed.

In 2016, Apple's stock dropped again, and many on this forum predicted the iPhone and AAPL had peaked.
It's worth pointing out that $1000 in today's money is not worth $1000 from five years ago.

Second, the analyst with the $800 prediction was rightfully ridiculed. Analysts project one year target prices, not something that will happen in five years.

Third, at any given time, one investment may be better than another.

If you look at 2-yr and 5-yr performance of AAPL, it has not outperformed the S&P 500 whereas a stodgy boring company like Berkshire Hathaway has outperformed AAPL over both periods. In the case of the five year performance, Berkshire Hathaway has handily beaten both the S&P 500 and Nasdaq indexes.

If you wanted a tech player, all four of the FANG stocks (Facebook, Amazon, Netflix, and Google) have blown doors on AAPL over the past two years. If you were smart and/or lucky, you would have sold AAPL in 2015 and invested in NFLX.
 

djcerla

macrumors 68000
Apr 23, 2015
1,840
7,718
Italy
It's worth pointing out that $1000 in today's money is not worth $1000 from five years ago.

Second, the analyst with the $800 prediction was rightfully ridiculed. Analysts project one year target prices, not something that will happen in five years.

Third, at any given time, one investment may be better than another.

If you look at 2-yr and 5-yr performance of AAPL, it has not outperformed the S&P 500 whereas a stodgy boring company like Berkshire Hathaway has outperformed AAPL over both periods. In the case of the five year performance, Berkshire Hathaway has handily beaten both the S&P 500 and Nasdaq indexes.

If you wanted a tech player, all four of the FANG stocks (Facebook, Amazon, Netflix, and Google) have blown doors on AAPL over the past two years. If you were smart and/or lucky, you would have sold AAPL in 2015 and invested in NFLX.
That's because you artfully took a specific time frame to make your case.

Just take a longer, or shorter time frame and AAPL outperformed basically everything.

For example, compare GOOG and AAPL returns from 2006 to today.

Or any other stock from 31/12/2016 to today.
 

Bart Kela

Suspended
Oct 12, 2016
865
593
Searching...
That's because you artfully took a specific time frame to make your case.
No, it wasn't an arbitrary time frame: 1 year, 2 year, and 5 year historical performance are all standard investment measurements which is why they are offered on sites like Yahoo Finance, Morningstar, brokerage firms, etc.

1 year performance is key since it's when capital gains are taxed at the long-term rate rather than short-term.

Just take a longer, or shorter time frame and AAPL outperformed basically everything.
Nope.

Here's AAPL compared to MSFT and ORCL. Those are two very well known companies, I didn't pick oddball, small cap stocks.

For example, compare GOOG and AAPL returns from 2006 to today.
Well, yes, GOOG has underperformed AAPL in the trailing twelve months.

But a couple of the other FANGs, Netflix and Amazon have outperformed AAPL in the TTM.

Or any other stock from 31/12/2016 to today.
Also no. Here's the list of top 50 performing stocks 2017 YTD and AAPL is not on the list.

Here are AAPL and three other S&P 500 components graphed in 2017 YTD performance.

Let's face it, Apple has historically had periods of being a very well performing investment, but it has had it down moments as well. The fact that it has not outperformed the S&P 500 over the past two or five years is very telling.

AAPL is a value stock, not a growth stock these days. A lot of people here seem to be wearing blinders and believe that AAPL has always been the best investment and will continue to be the best investment forever, ignoring hard evidence that it has most certainly not been the best investment over the past 2 or even five years.

I'm still an indirect AAPL shareholder as many index funds have notable positions in AAPL.

LOL, my portfolio is getting hammered today. :p
 
Last edited:
  • Like
Reactions: sofila and macs4nw

macs4nw

macrumors 601
No, it wasn't an arbitrary time frame: 1 year, 2 year, and 5 year historical performance are all standard investment measurements which is why they are offered on sites like Yahoo Finance, Morningstar, brokerage firms, etc.

1 year performance is key since it's when capital gains are taxed at the long-term rate rather than short-term.


Nope.

Here's AAPL compared to MSFT and ORCL. Those are two very well known companies, I didn't pick oddball, small cap stocks.


Well, yes, GOOG has underperformed AAPL in the trailing twelve months.

But a couple of the other FANGs, Netflix and Amazon have outperformed AAPL in the TTM.


Also no. Here's the list of top 50 performing stocks 2017 YTD and AAPL is not on the list.

Here are AAPL and three other S&P 500 components graphed in 2017 YTD performance.

Let's face it, Apple has historically had periods of being a very well performing investment, but it has had it down moments as well. The fact that it has not outperformed the S&P 500 over the past two or five years is very telling.

AAPL is a value stock, not a growth stock these days. A lot of people here seem to be wearing blinders and believe that AAPL has always been the best investment and will continue to be the best investment forever, ignoring hard evidence that it has most certainly not been the best investment over the past 2 or even five years.

I'm still an indirect AAPL shareholder as many index funds have notable positions in AAPL.

LOL, my portfolio is getting hammered today. :p
The stock market really is no place for amateurs (and I don't mean that in a derogatory sense), and anyone investing considerable amounts of money in funds would be foolish not to educate themselves somewhat in the basics, and additionally seek the advice of seasoned professionals before making large commitments.
 
Register on MacRumors! This sidebar will go away, and you'll see fewer ads.