Apple stock

[blazerboy30]

There's the break above $500. It will be interesting to see where this goes. I don't think it is overvalued, but I'm not buying the stock myself.

 

[magnifier661]

There's the break above $500. It will be interesting to see where this goes. I don't think it is overvalued, but I'm not buying the stock myself.

I can agree that this is volatile. I have no way of knowing either. I'm actually pretty confused right now.

 

[blazerboy30]

I can agree that this is volatile. I have no way of knowing either. I'm actually pretty confused right now.

I have enough exposure to AAPL with my index ETFs, there really isn't any reason for me to buy the stock outright. But I still keep my eye on it for fun.

 

[magnifier661]

I have enough exposure to AAPL with my index ETFs, there really isn't any reason for me to buy the stock outright. But I still keep my eye on it for fun.

Yeah it got too expensive for me after it went +300. I just like buying into stocks of at least 1,000 shares. I don't have the cash to buy more than what I have now.

 

[magnifier661]

Damn if I only said apple would be a $500 stock by September than July!

 

[blazerboy30]

Damn if I only said apple would be a $500 stock by September than July!

Unfortunately, timing is the most important aspect in the stock market. I could have told you that AAPL will go above $500 by 2020, but that doesn't do you much good.

 

[magnifier661]

Unfortunately, timing is the most important aspect in the stock market. I could have told you that AAPL will go above $500 by 2020, but that doesn't do you much good.

Oh I know. My reasoning before has nothing to do with how it is now. Just making a joke

 

[magnifier661]

The iPhone 5C and 5S are coming out at the end of this month. Looks like a great upgrade for the 5S (128gig HD, A7 processor, new OS, fingerprint security, etc).

 

[BlazerCaravan]

The iPhone 5C and 5S are coming out at the end of this month. Looks like a great upgrade for the 5S (128gig HD, A7 processor, new OS, fingerprint security, etc).

Yeah I wantsss that 128gigsss...

 

[magnifier661]

Yeah I wantsss that 128gigsss...

I heard there is a dual flash and high MP camera, supposedly the best camera in the market for smart phones.

 

[blazerboy30]

AAPL hit hard today and down to $467.

Anybody buying some?

 

[magnifier661]

Nope. Got enough shares already.

 

[magnifier661]

It's ridiculous to say a company's "actual" value is $500 when it's trading at less than $400. There may be a certain valuation model that puts a value at $500 but that is meaningless if the market disagrees.

This is ridiculous. Like Denny said, the value is whatever people are willing to pay for it. If you state so emphatically that the "actual" value is $500/share, then you should be putting everything you have into long dated calls with a strike of $450-ish.

Looks like the market is agreeing with me, at least for now. Apple down 6% in after-hours.

Looks like I was right. There is more, but I can't keep copying and pasting

 

[Denny Crane]

3rd quote is the money quote.

Good find.

 

[blazerboy30]

Looks like I was right.

You were far from being right.

I am seriously thinking about going all in. Would you like a wager on the stock price? I will bet $1,000 that Apple will get to $500 after the next quarter.

AAPL was $450 by the end of the quarter. You were 10% off. How you can claim you were right is mind boggling.

There is more, but I can't keep copying and pasting

What is confusing you is that I wasn't making any calls as to where the stock price would go. I was telling you that your "valuation method" and trying to pick a time to hit that valuation were completely ridiculous.

I was, and I still am right about that.

 

[blazerboy30]

3rd quote is the money quote.

Good find.

Totally different context, junior. Stop trolling.

 

[magnifier661]

Well a couple months from my target isn't bad; especially when I invest to keep the stock for 18 months before I sell. Pretty obvious that you said the stock wouldn't break the $500 mark throughout that thread.

 

[blazerboy30]

Well a couple months from my target isn't bad; especially when I invest to keep the stock for 18 months before I sell. Pretty obvious that you said the stock wouldn't break the $500 mark throughout that thread.

Show the quote where I said that.

I said your valuation model sucks. I also said I don't know where the stock price will go.

 

[magnifier661]

Show the quote where I said that.

I said your valuation model sucks. I also said I don't know where the stock price will go.

And then you said "the market seems to agree with me". Agree with what? That my model sucks? Lol

 

[blazerboy30]

Go read the context. I said that about the market agreeing when we were talking about their lack of innovation lately and after earnings.

 

[EL PRESIDENTE]

With this new Mavericks my old macbook is so much faster. I think it disabled some slow process that was holding me up. woot.

 

[Denny Crane]

There's been a lot of pressure on Apple to "innovate." I was mistaken to attribute lack of innovation to Apple declining to a Dell or Microsoft level of mediocrity.

iOS7 does represent a fairly radical change. It only required a free download to create a completely new user experience for everyone for free. The rapid and mass adoption of the new mobile OS is remarkable.

I updated to iPhone 5s, and though I can't say it's visibly innovative, the user experience is much better due to the bigger screen, faster CPU, and LTE network. Where I used to set down my iPhone 4 because it was taking a long time to do whatever, things just happen within a second or two on the 5s.

Mavericks is awesome. Apple did innovate by making the upgrade FREE along with FREE office apps.

 

[magnifier661]

There's been a lot of pressure on Apple to "innovate." I was mistaken to attribute lack of innovation to Apple declining to a Dell or Microsoft level of mediocrity.

iOS7 does represent a fairly radical change. It only required a free download to create a completely new user experience for everyone for free. The rapid and mass adoption of the new mobile OS is remarkable.

I updated to iPhone 5s, and though I can't say it's visibly innovative, the user experience is much better due to the bigger screen, faster CPU, and LTE network. Where I used to set down my iPhone 4 because it was taking a long time to do whatever, things just happen within a second or two on the 5s.

Mavericks is awesome. Apple did innovate by making the upgrade FREE along with FREE office apps.

This is the key. I said it before…. "How is microsoft going to compete as a software company when they must charge for their OS?" This is where I think the revolution will begin. They make the OS so easy to use and really look into the details on making life easier for the average consumer. Then all of this being free? The only companies I see that can compete will be google and Samsung. Everyone else will be left in the dust.

 

[Denny Crane]

To be fair, Microsoft is losing $billions on its surface tablet/laptop hybrid. They're about to launch version 2, as well.

If they can sell people on those, they'll have the ability to give away the OS.

On the other hand, there's a lot of idiots out there who go through M$ approved courses to be certified in whatever expertise. They're all about charging for everything, including lots of 3rd party SW that we get for cheap or free for the Mac.

 

[magnifier661]

8:33 pmLooking ForwardBrian Fitzgerald
The revenue expectation for the fiscal first quarter: between $55 billion and $58 billion.
8:32 pmUnit Sales
iPad sales: 14.1 million
iPhone sales: 33.8 million
Mac sales: 4.6 million
iPod sales: 3.5 million
8:31 pm
Gross margin 37%
8:31 pmHere we go
EPS: $8.26
Sales: $37.5 billion
Net: $7.5 billion

 

[magnifier661]

Since their drop from $700 to $300, Apple is now at an all time high.

It had a 7 share split months ago and the stock hasn't looked back since.

Apple is at $743 before split now. Anyone that invested when the stock was at $300 would have doubled their money in less than a year.

 

[Mediocre Man]

Since their drop from $700 to $300, Apple is now at an all time high.

It had a 7 share split months ago and the stock hasn't looked back since.

Apple is at $743 before split now. Anyone that invested when the stock was at $300 would have doubled their money in less than a year.

The seven share split help pay for a lot of my surgeries

Thankfully I still have some

 

[magnifier661]

The seven share split help pay for a lot of my surgeries

Thankfully I still have some

Oh nice! You invested in apple?

 

[Mediocre Man]

Oh nice! You invested in apple?

Forever ago. Not nearly enough thought

 

[magnifier661]

Forever ago. Not nearly enough thought

I bought 2k shares back when the stock was like $90 something years ago. I sold 500 when it was like $500 on the last big rise. The another 500 when it hit $600. I kept the rest, even when it dropped. I should have bought more when it was down to $320. I'm still kickin myself!