What happened to Apple becoming a trillion dollar company?

Discussion in 'Apple, Inc and Tech Industry' started by Mildredop, Aug 24, 2015.

  1. Mildredop macrumors 68020

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    Oct 14, 2013
    #1
    I think I'm getting confused, but wasn't it at one point a few years ago looking like Apple shares would hit anything like $600 each? They're at about $105 at the moment. What happened?
     
  2. sunapple macrumors 65816

    sunapple

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    #2
    1/7 split. Multiply by 7 to compare with the shares from a few years ago. (correct me if I'm wrong!)
     
  3. Mildredop thread starter macrumors 68020

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    Oct 14, 2013
    #3
    I haven't a clue. I don't know what you mean by 1/7 split.
     
  4. OllyW Moderator

    OllyW

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    #4
  5. maflynn Moderator

    maflynn

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    #5
    Apple like a number of other companies will split their shares to adjust the price. In Apple's case they went with a 1/7 split so if you owned a single share before the split, you now own 7. The price then goes down to what amounts to a 7th of the original price, or at least it starts off that way and since then it fluctuates.
     
  6. Tech198 macrumors G5

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    #6
    I'm going all gooey thinking of a trillion dollars let alone Apple having it.
     
  7. LordCoe13 macrumors regular

    LordCoe13

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  8. sunapple macrumors 65816

    sunapple

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    #8
    Should’ve bought shares. Oh well.
     
  9. TimmeyCook Suspended

    TimmeyCook

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    Jun 20, 2018
    #9
    I bought stock for the first time in my life (in fact, the first "risky" investment) this year at $167 a share, when they took a dive.

    When Carl Icahn sold his stock, Apple was a $96, 28 April 2016, God, I wish I had money to invest back then.

    https://www.macrumors.com/2016/04/28/carl-icahn-dumps-apple-shares/

    Read the comments.
     
  10. kingalexthe1st macrumors 6502

    kingalexthe1st

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    Apr 13, 2013
    #10
    Hindsight is 20/20. Just because they're a trillion dollar company now doesn't mean they don't have space to grow further. In fact, by all metrics, the Apple stock still looks relatively cheap - something you don't find often in tech companies these days.
     
  11. TimmeyCook Suspended

    TimmeyCook

    Joined:
    Jun 20, 2018
    #11
    Not saying otherwise.

    Currently, I would buy AAPL until they hit 1.5 trillion.

    Wouldn't buy any tech stock, too god damn expensive, future very flimsy for all of them.
     

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