i didn't lose anything, but i wonder what those that bought at the top of their market think???
Posted on 01/10/2016 7:41:05 PM PST by Swordmaker
I wish I’d unloaded it at $117 or $118 a few weeks back, and were just sitting on the money now, trying to make up my mind what to do. :’)
Good information, thanks for posting,
Held mine since the 90s make lots of bucks if I sold. I’d hold, as where else are you going to put the money? Only other thing to do is to buy property (raw) - a lot or two somewhere on the cheap - probably make more in the long haul per buck than on any stock or other paper investment.
i didn't lose anything, but i wonder what those that bought at the top of their market think???
Oh, there are older companies which are very reliable investments. If I’d bought the shares prior to the split a few years ago — I couldn’t, I needed the money out of the acc’t — I’d have done very well. Of course, I didn’t have much in the account. Right now the IRA is where I’ve got this AAPL investment.
Hold
Seemingly little things, like the power cord and other adaptor changes from model to model, the nuisance of having the iCloud ‘reminder’ pop up incessantly when you don't want to use iCloud, and lots of other little irritations start to erode the loyalty people have - especially when there are others out there trying to become the next ‘upstart’. I'm not saying this will happen, but it is not impossible. Most people didn't think Apple would ever even come close to becoming competitive against Microsoft, let alone be in the position they are today. That's in part because Microsoft became complacent, and ceded the moniker of being the innovator to Apple. Same thing that Microsoft did to IBM.
I have Apple stock, and so I don't want this to happen, but to me they are already starting to ‘feel’ different, and that is something they really need to avoid.
One thing that went away for a time was Apple's higher-cost/higher-price model; Steve Jobs' success in coaxing high quality along with low cost out of Chinese OEMs while cutting retail prices and maxing Apple's margins remains his greatest achievement IMHO. Their announcement that they're moving some production back to the US hasn't gone too far, AFAIK, and I'd be surprised if they ever manage to do it.
I expect a bit of a recovery this week, despite the additional and continuing bad news out of China — not least because so much of Apple’s production is *in* China, but also despite the fact that China was previously seen as a big growth area for Apple.
I don’t expect a miracle, and no longer anticipate the kinds of 20-30% a year appreciation in share price that have often prevailed in the past. My first rodeo with Apple was in the 1980s, and after getting figuratively beaten with a bag of oranges — this was about a zillion splits ago, the shares were I think in the high 20s — I dropped the 100 shares at a smaller loss than it might have been had I not been a little patient, then watched as the stock lost half its value and I was out. HAD I waited to buy in the first place, the couple of hundred shares I’d have bought would be worth, well, probably millions now. Oh well. So much for my psychic powers. ;’)
OK thanks, it explains all the pro Apple . My oldest son and I had Apple and have now found Samsung much better with their phones. I use ACER for the laptop and have no problems and will look into a kindle this week.
Lack of normal human psychic powers is why I say Hold. As do many who are not running from the obvious options manipulations spreading their FUD once again. There’s still a chance that 10 years form now AAPL could do another 7-1 split and the millions roll in :)
I have told this many times. I do not work for Apple. I do own some Apple stock in my portfolio. I maintain the Apple/Mac/iPhone/iPad/iOS Ping list on FreeRepupblic among several others. That ping list has over 700 members, each and every one of which has voluntarily requested to be on that ping list and wants to see articles on that list of subjects. There are a few anti-Apple hate group members who simply refuse to believe any of the above who continually spread lies on Apple threads about Apple and me, claiming I am a paid social marketer and/or shill. Nothing could be farther from the truth. I am semi-retired, educated as an Economist, have been a CEO, have managed a fairly large dental office for a world-class implantology dentist on contract for my business consultation business which is run 100% on Macs, founded a successful charity and ran it for 26 years. I ran a cross-platform technical consulting business for 36 years, so I am very intimately familiar with computers.
I have NEVER been employed by Apple nor by any marketing organization of any kind associated with Apple or any of its subsidiaries or customers. The Apple Hate Brigade posters on FR have been told this numerous times but will still post their lies claiming I am, without proof or evidence. They know I post the pings to the list, but ignore that, and when members of the ping list contradict their claims, they either claim those posters are me, pretending to post under different logins, or other paid marketers. They are, to say the least, totally delusional. Facts do not sway them in their hatred. All they have to do is ignore these threads. Even JR has told them to back off. They continue in their self appointed crusade with a religious fervor.
“they only have a high cut of the profits because their stuff is overpriced.”
And Apple uses cheap Chinese labor instead of Americans all the while bragging about their profits.
Trump is right: TAX them! Bring the jobs back to America!
If it only takes two minutes to show Swordmaker is posting propaganda why do you spend much more time than that just calling Swordmaker a liar rather than proving he is a liar? May I submit that you can prove no such thing.
There is absolutely no evidence of a crime but the seriousness of the charge demands that we investigate. Oh and there was no evidence of a crime after they investigated either.
Apple doesn't "have their huge plant," in China. That plant belongs to a Taiwanese company called Hon Hai Precision Industries, Ltd. Inc. which owns FoxConn Technology Group. They contract with over 500 different companies to build things. Hon Hai/FoxConn assembled approximately 40% of the world's electronics in 2012. The last estimate I heard was it was up to 60%. They will build whatever you want built.
Apple DOES OWN the equipment on their assembly lines which Apple designs to build their products. . . over $225 Billion dollars worth. However, FoxConn provides the facilities where it is installed, runs it, and hires the employees. Another company involved is Pegatron which runs under the same arrangement. When Apple re-designs their lines and no longer needs specific equipment, they generally sell that equipment to the contract company where it is installed and it may wind up being used on other lines. The contract company will build a new facility for Apple's newly designed equipment.
What a liberal lying Apple propagandist you are: “[Apple]...sold the only profitable tablets...”
The Microsoft surface has been profitable, yet, you liberals, myopic as you idiots are, claim only Apple makes profit on tablets. Not even the communists were so bold as to spread such nasty and easily verifiable propaganda as that.
Fixed it for ya.
At the time of the split, it was around $70. . . then it went up from there. So anyone who bought right after the split is still OK.
#52 Are you sure you are not a slavemaster in sector 7G overseeing the iPhone, iMac production line staffed by children? : )
The Microsoft Surface caused Microsoft to take a $900 Million Write off.
It is going to take several years of the profits they may be making now, to catch up on almost a BILLION dollars of loss before they show a profit, CodeToad.
The new version is a hybrid, and cannot be truthfully called a "tablet". . . not with the majority of the battery capacity in the keyboard. Three hour battery? Give me a break when the competition is heading toward 15 hours? That means Microsoft never seriously intended the "tablet" portion to be a stand-alone device separate from the keyboard, and they have never advertised it as such.
Again, look at the chart. No profits, at least in the phones.
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