Who owns AAPL stock? A good buy pre iPad?

Discussion in 'Apple, Inc and Tech Industry' started by mvalia, Feb 24, 2010.

  1. mvalia macrumors newbie

    Joined:
    Aug 29, 2009
    Location:
    Somerset, NJ
    #1
    I'm just wondering if any MacRumors members own AAPL stock. Its about $200 a share and sounds like its going to go up to around $280 within the next few years.

    The $2000 I have saved for a new Macbook Pro could buy 10 shares. Maybe I could make a enough for an iPad by the time the MBP is released.
     
  2. FX120 macrumors 65816

    FX120

    Joined:
    May 18, 2007
    #2
    I doubt you would see 25% back on your investment any time soon.
     
  3. maflynn Moderator

    maflynn

    Staff Member

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    May 3, 2009
    Location:
    Boston
    #3
    I remember back in the day that the stock was trading around 19 bucks. Seeing it at the inflated price right sends shivers down my spine. I can't imagine is staying in the stratosphere in the long term.
     
  4. MisterMe macrumors G4

    MisterMe

    Joined:
    Jul 17, 2002
    Location:
    USA
    #4
    That's not how the stock market works. Stock prices are determined by the return on investment that the stock returns to stockholders. If Apple continues to develop, manufacture, and market good products that customers want to buy, then Apple will continue to do well and so too will its stock. If Apple stops innovating or reverses course, then its stock may very well tank. In either event, the price of Apple's stock will be based on what Apple does.
     
  5. maflynn Moderator

    maflynn

    Staff Member

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    #5
    My attitude towards the market is that logic is not the only determining factor but also emotion. I also think that apple stock is over priced but again that's an emotional perspective not one based on ROI, or market cap or anything else but rather their coolness and they're being profitable.

    Given the knee jerk reactions of stocks based on such things as what words Bernanke uses before congress is evidence that the stock market is driven not only by hard numbers but by emotion as well.

    As the saying goes what goes up must come down and I do see apple stock coming down.
     
  6. Rodimus Prime macrumors G4

    Rodimus Prime

    Joined:
    Oct 9, 2006
    #6
    I agree with that.
    Apple is link to heavily with SJ. The day SJ dies or leaves is fired (only two ways he will ever leave power) expect a crater left in the grown from the stock price falling.

    Apple is way to big to be link to one man. SJ is a damn good sales made but to controlling to be in charge of a company the size of apple.
     
  7. lionheartednyhc macrumors 65816

    lionheartednyhc

    Joined:
    Jul 13, 2009
    #7
    Ugh, thats when I stopped investing. I suck at stocks. I owned it right around then, and then it dipped to like 17 or something. I got scared of losing money and sold. ****.
     
  8. belvdr macrumors 603

    Joined:
    Aug 15, 2005
    #8
    That's not always true. Two stocks that I own have gone down when financials were released and they exceeded expectations. I never understood that.
     
  9. Arran macrumors 68040

    Arran

    Joined:
    Mar 7, 2008
    Location:
    Atlanta, USA
    #9
    I think the market's already priced the iPad in at the current $200/share.

    Of course, that's the iPad as we understand it now. If he units shipping in March have some unannounced functionality or amazing content deals, then who knows.

    Do you feel lucky? :)
     
  10. rdowns macrumors Penryn

    rdowns

    Joined:
    Jul 11, 2003
    #10

    Thank you very much. AAPL is down about 3 points as the market has jitters over whether or not you'll buy 10 shares. :D
     
  11. Arran macrumors 68040

    Arran

    Joined:
    Mar 7, 2008
    Location:
    Atlanta, USA
    #11
    When they exceed (especially for established businesses) there's always the suspicion that revenue's been pulled in from the following quarter ("sign the order early Mr Customer and we'll give you a big fat discount").

    That means next quarter could have a shortfall: A good time to sell shares.
     
  12. maflynn Moderator

    maflynn

    Staff Member

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    May 3, 2009
    Location:
    Boston
    #12
    Business Insider postulates the success of apple (thus the stock price) is tied to SJ as well. While the linked article is about palm, it alludes that Palm is apple jr given that most of the exective staff is from apple. The point is that if the apple staff is unable to save palm (and it looks like they can't) how can apple save apple when his Stevieness is gone.
     
  13. Grimace macrumors 68040

    Grimace

    Joined:
    Feb 17, 2003
    Location:
    with Hamburglar.
    #13
    Companies with extremely solid financials, good cash reserves, and y/y growth always do very well.

    This is a fantastic time to buy.
     
  14. ttopp macrumors regular

    Joined:
    Mar 1, 2007
    #14
    the stock market is the same as any market if the company is making money and has no competitors in its market the stock will go up but it can go down if others enter the market (must become viable competitors) or if the company looses money. the Steve Jobs factor at apple is due to his success so if he goes apples value will definitely drop. Thats not to say that apple wont recover but confidence in the company would have to be proven again. If he went to another company their market price may rise as he has a proven record.
     
  15. MisterMe macrumors G4

    MisterMe

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    Jul 17, 2002
    Location:
    USA
    #15
    You are confusing day-to-day price fluctuations with long-term trends.
     
  16. john123 macrumors 68000

    john123

    Joined:
    Jul 20, 2001
    #16
    The company has 40 billion cash on hand and a P/E under 20, which for technology companies is pretty darn good. For reference, take a look at PE ratios for companies like PG, JNJ, and so on. Given the growth upside in Apple versus consumer staples, that's a reason to be optimistic.

    People always get confused about the meaning of share price. It doesn't matter whether a stock is trading at $200 (AAPL), or $50, or $100,000 (BRK.A). The question is how accurately those shares aggregated together reflect what you expect the company's value to be. If Apple did a 4:1 split, that wouldn't inherently make the stock more valuable -- it would just mean there would be 4x as many shares on the market. (In fairness, stocks do tend to rise slightly on splits, but that's a separate matter.)

    I have traded in and out of Apple quite a bit over the last few years and have made some very solid money on it. I still own a little under 300 shares of it. I think it's a pretty reasonable investment and don't have any plans of selling, FWIW.
     
  17. gnasher729 macrumors P6

    gnasher729

    Joined:
    Nov 25, 2005
    #17
    Strange how often I read on MacRumors that Steve Jobs is holding the company back and his obsession with quality is damaging Apple. When Steve Jobs dies Apple will wait a week out of good manners and then start shipping a mid-tower Mac and make biiiiillions.

    The Apple iPhone is made by Apple employees. The Palm Pre is made be ex-Apple employees. It makes you think why some are Apple employees and some are ex-employees.
     
  18. MisterMe macrumors G4

    MisterMe

    Joined:
    Jul 17, 2002
    Location:
    USA
    #18
    None of us are going to live forever. That said, I am repulsed by the ghoulish fascination that some people have as they anticipate the passing of Mr. Jobs.
     

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