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To: catfish1957

Buying time before the larger iPhone 6 comes out in September. AAPL has been killed because of a lack of a larger phone. And despite that iPhone units were still up 17% and were >$25 billion for the quarter.

BRK has B shares which are 1/1,500 of BRK.A


51 posted on 04/24/2014 5:23:34 AM PDT by Wyatt's Torch
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To: Wyatt's Torch
Don't get me wrong, AAPL is a fine company. I just don't think the phenomenal growth in stock price is sustainable. That is one reason why I see mgt. doing this 7:1 split. Again note (stuck deep in their quarterly report) the drop in same store sales.

Also there is a perception (right or not is up for debate) that the "innovation gap" has narrowed between AAPL and its competitors.

I'm an old guy now, who wants more "stability and divys" and less "growth with risk". If I was 25, I would have no problem socking some substantial money into this equity.

64 posted on 04/25/2014 4:50:13 AM PDT by catfish1957 (Face it!!!! The government in DC is full of treasonous bastards)
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