Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Aug 30, 2017 2:38:05 GMT -8
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4aapl
Moderator
Posts: 3,655
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Post by 4aapl on Aug 30, 2017 5:51:46 GMT -8
Good morning everyone. Has AAPL begun the run up to iPhone 8? Hasn't it for the past 6 months? While I would love to see 180 in this run, that's more than a 10% run from here....seems a little rich for pre-announcement. Maybe later this year, if all goes great. OTOH, 4-6% from here seems doable, with a couple 1.5% days, and a few small down retrench days. Throw in the randomness of the tax discussion, and that would make 169.5-173 a doable range. Wild-ass guess...a intraday peak in the 170.7-171.5 range, with most closings below 170. And a couple unsubstantiated rumors, say of low yield, or a part not ready so delays, that could make an intraday hit of up to 2.5%.
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Post by osx10 on Aug 30, 2017 7:34:55 GMT -8
Saved you a click - Warren Buffett bought more Apple last quarter (he personally has never sold) his 2 lieutenants have sold to reposition their holdings - but he noted on his CNBC interview that he bought more than they sold. Warren declined to comment on buying more in this quarter.
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Post by artman1033 on Aug 30, 2017 10:46:43 GMT -8
moments ago..... $163.89 AAPL ALL TIME HIGH!
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JDSoCal
Member
Aspiring oligarch
Posts: 4,186
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Post by JDSoCal on Aug 30, 2017 11:21:32 GMT -8
President Trump just gave a speech in Missouri advocating for tax cuts (I hate the word "reform," always scary). Regardless of anyone's feelings about the President, I think we can all agree that Apple keeping and spending its overseas profits would be good for stockholders.
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Aug 30, 2017 12:15:40 GMT -8
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Post by artman1033 on Aug 30, 2017 12:45:10 GMT -8
AAPL ALL TIME HIGH!$163.89All Time Highest TODAY intraday! $163.35All Time Highest Close TODAY! 27,209,460 shares traded today AAPL CLOSES AT ALL TIME HIGH CLOSE aaplinvestors.net/stats/rank/AAPL market CAP. 843.64 BILLION AAPL ALL TIME HIGH market CAP. 843.74 BILLION INTRADAY TODAY .
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,432
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Post by chinacat on Aug 30, 2017 12:49:45 GMT -8
Apple is Now Partnering with WeChat Pay in China comes under the heading of "If You Can't Beat 'Em, Join 'Em." Nice to see that Apple is exploring partnership along with competition as a means of maintaining a strong presence of some kind in China in the face of the huge Tencent momentum.
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Post by galleybob on Aug 30, 2017 12:58:53 GMT -8
I remember a discussion on the old board before the iPhone came out about reaching a trillion dollar market cap
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Aug 30, 2017 13:33:56 GMT -8
I remember a discussion on the old board before the iPhone came out about reaching a trillion dollar market cap Yep. Pays to be wary of such articles / discussion.
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bud777
fire starter
Posts: 1,353
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Post by bud777 on Aug 30, 2017 15:32:03 GMT -8
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Post by deasys on Aug 30, 2017 16:21:11 GMT -8
I think everyone would like to see that money come back, but I am skeptical. First Congress has to deal with the debt ceiling, something that the majority has been hesitant to do without some sort of tax increase somewhere. The $300 billion or so tax windfall that repatriation might bring goes a long way towards taking the pressure off…
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