Veteran Member
Join Date: Jan 2005
|
Huzzah! Last I checked it was $300.88.
Onward to $400... |
quote |
Less than Stellar Member
|
Yeah. Um. What else to say? I'm holding on to my AAPL until I retire. I only wish I had put the money we used as a down payment on our house a couple of years ago into AAPL. Not really, but damn. That would have been sweet. We could have bought our house outright today. Ah well.
If it's not red and showing substantial musculature, you're wearing it wrong. |
quote |
Yarp
Join Date: May 2004
Location: Road Warrior
|
Yeah, this is crazy, and it is very difficult to see anything that can really stop it. Though I fully expect we'll see it dip down to the mid 200s again, I think the mid 300s is entirely likely within the next year.
Truly a once-in-a-lifetime stock. |
quote |
Veteran Member
|
I'm worried because I have too many eggs in one AAPL basket - I'm fortunate to have bought low, but I need to do some profit taking and diversify.
|
quote |
BANNED
I am worthless beyond hope. Join Date: May 2004
Location: Inner Swabia. If you have to ask twice, don't.
|
There is no guarantee of any stock value. Apple has weathered the recession fairly well which is one of the reasons for the recent rise, but as soon as other stocks which actively pay dividends start to appear safer, its value will decrease. Stockholders don't buy parts of companies as much as they buy the likelihood of making money. Aapl's principle value keeps increasing but it doesn't pay dividends which makes it unattractive for long term ownership unless you are just playing around.
I have seen my money triple with aapl, but during the same period I have seen my mutual fund increase in value, due to reinvestment of the dividend, the same amount. |
quote |
Veteran Member
Join Date: Jan 2005
|
I'm not sure what you mean by "value". Price? P/E? The current P/E is 22, which is surprisingly low for a company that still appears to be growing. To be honest, I think the market is still undervaluing Apple, and if we weren't just coming out of a recession, the stock probably would have been around $400 by now.
|
quote |
Stallion
Join Date: Feb 2006
Location: Milwaukee
|
So, you guys think it's still a good time to buy? I have about 20k sitting around that I should really do something with.
|
quote |
BANNED
I am worthless beyond hope. Join Date: May 2004
Location: Inner Swabia. If you have to ask twice, don't.
|
Quote:
To ezkcdude -- sorry, yes value is too close to valuation, i meant stock price. Last edited by billybobsky : 2010-10-13 at 23:14. |
|
quote |
Veteran Member
Join Date: Jan 2005
|
Quote:
Even though Apple feels like it's in the nosebleed section now, I disagree with billybob and think it is still a good buy. The forward P/E is only 16. That's way too low for an "it" company like Apple. When this economy really starts picking up within a year or two, my hunch is that P/E will creep up to 30, which will put the stock around $800. It might split before that obviously. Of course, this is my speculation. DYODD and certainly don't put your nest egg into one stock. EDIT: Apparently, the same advice I gave back in April. Quote:
Last edited by ezkcdude : 2010-10-13 at 23:47. |
||
quote |
Veteran Member
Join Date: Jan 2005
|
Google's not doing too bad lately either. Up $60 (10%) in pre-market today.
|
quote |
Stallion
Join Date: Feb 2006
Location: Milwaukee
|
Bought myself a nice chunk of AAPL today at 318.50. Wanted to get in at 301 but it took some time to get money to the appropriate places. Oh well. Everybody on Yahoo Finance is saying this is a great buy!
...and calling/e-mailing/texting ex-girlfriends on the off-chance they'll invite you over for some "old time's sake" no-strings couch gymnastics... |
quote |
Veteran Member
Join Date: Jan 2005
|
well, getting in before the earnings today, eh? Let's see what happens...
|
quote |
Less than Stellar Member
|
Shoulda waited til after earnings, IMHO. They're going to report great numbers but the stock has run up so much lately, it's going to drop some. Just my opinion, of course.
|
quote |
Formerly “AWM”
Join Date: May 2009
|
|
quote |
Veteran Member
Join Date: Jan 2005
|
It will be very interesting to see how many iPads were sold. The analysts expect 4.75M on average, with a low of 4.5M and high 5.7M. If it falls somewhere in that range, I don't expect to see the stock move too much. Below that range, the stock could fall 10 points or more. If sales are above 6M, watch out. Stock could surge again.
|
quote |
Veteran Member
Join Date: Jan 2005
|
iPad sales came in at 4.1M, so quite a bit lower than expected. Partial, you should've waited.
|
quote |
Less than Stellar Member
|
At the same time, they sold 14.1 million iPhones when analysts were expecting 11 million. I think it'll be a wash at the end of the day, with some people cashing out and others buying in.
If it's not red and showing substantial musculature, you're wearing it wrong. |
quote |
‽
|
Of note, "Asia Pacific" revenues are up 157% year-over-year (iPhone in China, anyone?). For Japan, it's "only" 121%; for Europe, 69%.
|
quote |
Less than Stellar Member
|
Now that trading has resumed, the stock dropped below $300 temporarily. We'll see some volatility tonight and tomorrow morning, I think. But, long-term, hold on to your positions.
If it's not red and showing substantial musculature, you're wearing it wrong. |
quote |
Veteran Member
Join Date: Jan 2005
|
Looks like I called it. I'm not selling here, though.
|
quote |
Less than Stellar Member
|
|
quote |
Stallion
Join Date: Feb 2006
Location: Milwaukee
|
Why would you guys consider selling when they just crushed analysts' estimates? I don't quite understand why it would go down, but I'm still confident it is going to go up big time. iPad is about to get a lot more compelling with a dual core processor and better display (assuming they do go these routes) and iPhone 4 is about to blow up CDMA style.
http://finance.yahoo.com/news/Apple-...&asset=&ccode= ...and calling/e-mailing/texting ex-girlfriends on the off-chance they'll invite you over for some "old time's sake" no-strings couch gymnastics... |
quote |
Veteran Member
Join Date: Jan 2005
|
|
quote |
Stallion
Join Date: Feb 2006
Location: Milwaukee
|
I mispoke there. What I wanted to say was why the doom and gloom? You seemed to be alluding to that it was underwhelming, where as Tori pointed out they crushed the estimates on their profit machine (iPhone).
Doing some research on this type of fluctation and trading basics as we speak. I'm a total n00b to this kind of stuff as I let ING manage my 401k and have my roth managed funds as well. My basis for buying right now was reading articles here, Apple Insider and general perception that Apple is blowing up. ...and calling/e-mailing/texting ex-girlfriends on the off-chance they'll invite you over for some "old time's sake" no-strings couch gymnastics... |
quote |
Veteran Member
Join Date: Jan 2005
|
You're reading something that's not there. All I said was they missed on iPad sales.
|
quote |
Formerly Roboman, still
awesome Join Date: Jul 2004
Location: Portland, OR
|
I'm still happy with iPad sales. I mean, they've doubled their computer sales with one product, and I think the iPad is going to prove a lot more "giftable" than Macs, going into Q1. Not bad for a product Apple had to make people want.
and i guess i've known it all along / the truth is, you have to be soft to be strong |
quote |
Less than Stellar Member
|
No doubt. The iPad is going to be huge. They've sold 8 million in 6 months. That's a ~$10 billion/year product out of nowhere. The market got a little overheated but there's no reason to be concerned about this report.
If it's not red and showing substantial musculature, you're wearing it wrong. |
quote |
Apple Historian
Join Date: May 2004
|
I think that the sales are mind blowing when you consider that the iPad is just a baby with relatively baby features. When this thing becomes full-blown, it will shatter these early-on numbers, as you pretty much said.
|
quote |
Formerly Roboman, still
awesome Join Date: Jul 2004
Location: Portland, OR
|
Quote:
But of course way more people will buy one for the holidays. and i guess i've known it all along / the truth is, you have to be soft to be strong |
|
quote |
Posting Rules | Navigation |
|
Thread Tools | |
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
AAPL breaks $210 | cosus | General Discussion | 80 | 2010-03-05 22:32 |
Aapl @ $280? | cosus | General Discussion | 5 | 2010-02-12 18:55 |
Aapl, 2012 & I | cosus | Apple Products | 6 | 2009-11-04 18:31 |
AAPL Earnings Q4 | cosus | General Discussion | 52 | 2009-10-22 15:41 |
AAPL upgraded to $100 | torifile | General Discussion | 86 | 2005-02-22 10:42 |