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Apple Stock: $123 Billion Of Wealth Destroyed, New Lows Reached
HNGN ^ | December 18, 2015 20:34 GMT | Peter de Jesus

Posted on 12/18/2015 12:27:12 PM PST by Up Yours Marxists

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To: Swordmaker

LOL!


41 posted on 12/18/2015 5:41:52 PM PST by Stentor (RIP -- Nicholas Thalasinos.)
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To: Up Yours Marxists
5.6 Billion shares at $134 = $750B (April 2014)
5.8 Billion shares at $110 = $638B (December 2015)
LOSS: $112B

Except your example calculation is completely bogus. A lie you pulled out of your butt.

Those are accurate figures. AAPL can make that up and more in one day of trading.
42 posted on 12/18/2015 5:52:14 PM PST by Swordmaker (This tag line is a Microsoft insult free zone... but if the insults to Mac users continue....)
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To: Up Yours Marxists
Now that was my 30 second sense of this, but even at $112B that’s a huge loss to the actual stock market. Somebody bought stocks between $110 and $134. Assuming Apple only owns about 30% of the stock, that’s still a whopping $37B dollars, enough to offset any profits from that “winner” they call the apple watch, let alone any of their other failures this year.

Apple doesn't own any of the stock, Up Yours Marxists. When Apple buys back a stock share, it ceases to exist. It merely is returned to the pool of authorized shares that could be sold to raise capital. Such authorized shares receive no dividends and have no value, until Apple sells them or issues them as a grant to an employee as compensation, or uses them to acquire another business by trading these shares for the shares of interest in the company being acquired. When Apple holds these shares they do not dilute the value of the outstanding shares.

Apple doesn't "own" them. They can't vote them, nor do they have any power or controlling power. They don't exist until they are re-registered as active.

Your "sense of this" shows you know only nonsense about it!

43 posted on 12/18/2015 6:21:42 PM PST by Swordmaker (This tag line is a Microsoft insult free zone... but if the insults to Mac users continue....)
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To: Up Yours Marxists
2014, they dropped.
In 2015, they stayed the same, even after a stock buyback

Liar.

Apple's stock increased $32.35 in 2014. Price adjusted for seven for one stock split during 2014. Where do you get your completely erroneous claims, CrackerJacks boxes?
44 posted on 12/18/2015 9:02:00 PM PST by Swordmaker (This tag line is a Microsoft insult free zone... but if the insults to Mac users continue....)
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To: Up Yours Marxists; Dr. Sivana
No, that's not what the article says. They said it "destroyed market value". Even so, Apple has lost money in its investments to the tune of around $40 billion since last year. I'm sure they were using a good portion of that to line the pockets and pay for oertains. To control the avalanche they went into all-out panic mode and started buying stocks back.

How stupid and ignorant are you, Up Yours Marxists?

Apparently abysmally so, in both cases. Do you believe every ignorant and stupid article you read on the Internet written by ignorant and stupid writers who make stupid, ignorant, and fatuous claims such as claiming a temporary drop in the offered prices of AAPL stock "destroyed value" for you to ignorantly and stupidly parrot, when you haven't a clue about what it means?

Apple lost NOTHING in this. Apple does not pay itself dividends, it merely doesn't payout dividends on stock it has repurchased from investors they To whom Apple would have had to pay dividends had the stock still been outstanding.

Apple lost no money, no investments, from the reduction in its stock value. There has been no "panic mode" and Apple's re-purchase of its own stock has zero to do with what you claim, although they will likely buy more when they share price is down, grabbing some at bargain prices. They've been doing it for several years for financial reasons having to do with profitability and dilution reasons. Again, you don't have a clue about what you're blithering nonsense drivel about. I do. Degrees in Economics and Finance. You, obviously, no idea.

45 posted on 12/18/2015 9:29:26 PM PST by Swordmaker (This tag line is a Microsoft insult free zone... but if the insults to Mac users continue....)
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To: Toddsterpatriot; Up Yours Marxists
Apple owns Apple stock? What does that mean?

It means Up Yours Marxists doesn't have a clue about what he is talking about and is drooling ignorant dribble out of his slack lips.

46 posted on 12/18/2015 9:33:02 PM PST by Swordmaker (This tag line is a Microsoft insult free zone... but if the insults to Mac users continue....)
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To: Up Yours Marxists
Dumbass fanbois taking it in the shorts!!!!!! hahhhahahha If you are a fully invested numbskull AKA an Apple true believer, your net worth has shrunk 20% since July. 
All because Apple:
  1. has run out off ideas under gay under gayboyTimKook
  2. no new products
  3. FoxComm suicides killing Apple's image in Asia and Europe
  4. Chinese knockoffs are eating them alive in Asia
  5. sell this turkey....deflation is about to hit high flying stocks same as it has been decimating oil and farm commodities

47 posted on 12/18/2015 10:10:31 PM PST by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
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To: Swordmaker

Well, that’s still good news. :’(


48 posted on 12/18/2015 11:15:21 PM PST by SunkenCiv (Here's to the day the forensics people scrape what's left of Putin off the ceiling of his limo.)
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To: Up Yours Marxists

right and i too can pick any arbitrary point in time and say they created many more billions than 123. Its a terrible argument to claim they destroyed wealth. Its a data point and the writer said this year when clearly the stock was off only $4.00 for the year when i posted.
Stocks go up and down all the time. Unless the company goes out of business the current price merely reflects the valuation the market is putting on it at that particular moment. One person is selling for whatever reason, not always because they think a stock price is too high, but at the same time someone is buying because they believe theres further value.
I’m doing this nearly 40 years and i don’t now nor have i ever owned Apple just so you know i have no skin in the game. Enron destroyed wealth. Worldcom destroyed wealth. The price of Apple today has nothing to do with destroyed wealth. Its a snapshot taking in several variables quite often having very little to do with the actual intrinsic breakup value of the company.


49 posted on 12/18/2015 11:58:43 PM PST by wiggen (#JeSuisCharlie)
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To: dennisw

I was wondering when Baron DennisW would show up with his patented set of lies. You’ve reached twenty-eight Pinnochios with this set, DennisW. I won’t even bother to enumerate how uproariously idiotic you are this Friday night.

Have fun in your delusion filled balloon of hot air riding over a boiling sea of nonsense.


50 posted on 12/19/2015 12:51:56 AM PST by Swordmaker (This tag line is a Microsoft insult free zone... but if the insults to Mac users continue....)
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To: Up Yours Marxists
The Smartphone market is reaching saturation and there is really no NEW must have gizmo on the horizon so naturally that huge runup on phones is not there to keep things climbing rapidly. Look for the stock to stabilize at a lower price (probably close to it now) once the dust settles.
51 posted on 12/19/2015 12:58:34 AM PST by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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To: Swordmaker

Its sinking stink stock price....just more proof of Apple’s suckatude. If you have any part of your mind that has not been lobotomized by the Satanic boytoy Apple cultists....you will have enough sense to run for the exits.


52 posted on 12/19/2015 3:28:41 AM PST by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
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To: Mad Dawgg
The Smartphone market is reaching saturation......

not worldwide. You have a billion or so who will buy one but not some ridiculously overpriced Apple product. They will buy an android. China alone has millions buying the reasonably priced Xiaomi smart phones and tablets. And their workers are not committing suicide the way Apple's are, BTW Xiaomi is killing Apple in China and Asia. Tim Cook is fit to be tied!!!! Up by his boytoy!!

53 posted on 12/19/2015 3:35:20 AM PST by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
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To: dennisw
And their workers are not committing suicide the way Apple's are. . .

"And their workers are not committing suicide the way Microsoft's, HP's, Sony's, and Nokia's are. . . "

There, I corrected your lie for you, Baron Dennis Won Munchausen.

54 posted on 12/19/2015 3:16:33 PM PST by Swordmaker (This tag line is a Microsoft insult free zone... but if the insults to Mac users continue....)
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To: Swordmaker

If I were marketing Xiaomi phones and tablets in China/Asia my advertising campaign would be centered on: Do you really want to but an iphone from a company whose workers are jumping out of windows?

I would design a television ad showing happy smiling Xiaomi workers assembling Xiaomi phones juxtaposed with Apple workers jumping out of windows


55 posted on 12/19/2015 8:22:44 PM PST by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
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To: Swordmaker

What a freakin’ stupid, asinine troll thread. I do believe that UpYours is actually Steve Ballmer on a really bad day. Come to think of it, I’ve never seen a photograph of the two of them together at the same time... Well, enjoy the pie fight, I’ve got other things to do...


56 posted on 12/20/2015 7:59:12 AM PST by dayglored ("Listen. Strange women lying in ponds distributing swords is no basis for a system of government.")
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To: dennisw
Its sinking stink stock price....just more proof of Apple’s suckatude. If you have any part of your mind that has not been lobotomized by the Satanic boytoy Apple cultists....you will have enough sense to run for the exits.

How's your guaranteed prediction from four years ago that Apple was going to soon hit $14.59 ($100 adjusted for seven to one split) per share when Apple was over an unadjusted $710 per share. . . not to mention your claim of shorting Apple the non-existing Apple debentures, Baron Dennis Won Munchausen?

57 posted on 12/20/2015 10:47:10 AM PST by Swordmaker (This tag line is a Microsoft insult free zone... but if the insults to Mac users continue....)
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To: dayglored; Up Yours Marxists; dennisw

Up Yours Marxist does drool and throw metaphorical chairs just like Balmer, doesn’t he. . . and Dennisw Von Munchausen makes a good analog of careening, bouncing, flying falsehood chairs.


58 posted on 12/20/2015 10:52:41 AM PST by Swordmaker (This tag line is a Microsoft insult free zone... but if the insults to Mac users continue....)
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To: Swordmaker

I have a very simple rule of thumb.....If their workers are jumping out of windows and off of roofs I am not going to buy their shoddy products. Unhappy workers will f up the product like an iPhone intentionally......

By my calculations it will take an iphone assembly man at FOXCOMM 22.3 years to make enough money to buy one.


59 posted on 12/20/2015 11:12:43 AM PST by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
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To: dayglored

WRONG this is a good Apple thread that exposes...... Lets just say the new Star Wars movie blasts though the Apple tyranny of the stooopid


60 posted on 12/20/2015 11:16:11 AM PST by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
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