Since84
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To infinity and beyond!
Posts: 3,933
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Post by Since84 on Feb 6, 2018 3:39:18 GMT -8
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Post by appledoc on Feb 6, 2018 4:25:26 GMT -8
Hard to keep up with this action. I think we need another flush down below the overnight low for the S&P. Just a WAG.
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Feb 6, 2018 4:26:42 GMT -8
I'm traveling tomorrow through next week. If you're interested in meeting after the annual meeting PM me.
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Post by alxyz on Feb 6, 2018 5:42:09 GMT -8
When can AAPL begin the buyback?
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Post by electrobuzz on Feb 6, 2018 6:27:03 GMT -8
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Post by nwjade on Feb 6, 2018 6:45:54 GMT -8
Bouncing from yesterday nicely at the open.
Ex-Dividend date is Friday so to get the dividend aapl must be owned by the close Thursday.
For whatever that's worth...
Long and strong Apple!
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Post by dmiller on Feb 6, 2018 7:23:25 GMT -8
Whee.
Wheee, wheeee?
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Post by appledoc on Feb 6, 2018 7:51:35 GMT -8
This trading is insane.
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4aapl
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Posts: 3,655
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Post by 4aapl on Feb 6, 2018 8:38:31 GMT -8
To put it in perspective, the DOW had an intraday low at correction level, off more than 10%. The S&P and Nasdaq lows put them in the 9% off level.
I'm not worried, given the economy and jobs. Just pointing this out, since really it has to happen once in a while to keep things in check. Like one or more of the VIX things imploding, it's easy to get too complacent when you've had a long stretch of something working. This was how it was in my small circle mainly of new engineers in '99-'00, with every stock pick being a great one. It's hard to complain about mid double digit annualized gains, and suddenly everyone thinks they are a rock star.
IMO the market isn't there yet, since it wasn't a mainstream euphoria or mania like Bitcoin. But it's good to have these shakeups every once in a while, to balance things out and take some risk for the market off the table. And hey, it's a good stress test, both for individuals and the market, and places like finance.yahoo.com which are having some issues with all the excitement.
Then again, it gives me lofty dreams of having picked up a large chunk of shares at the low. Someone did, I'm sure. I didn't, but will take a look at things today since this is very likely a good buying opportunity even if it's not the very bottom.
Congrats all, for surviving the week's stress test.
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chinacat
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AAPL Long since 2006
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Post by chinacat on Feb 6, 2018 9:29:38 GMT -8
Welcome back 160! Now onward and upward.
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Post by Luckychoices on Feb 6, 2018 9:41:40 GMT -8
For members looking forward to picking up their HomePod this Friday, for those *possibly* interested in buying one in the near future, or for those who are just interested in whether or not Apple's new product has a chance to be successful: A four sentence HomePod review (with appendices) by Matthew Panzarino TechCrunch February 6, 2018
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4aapl
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Posts: 3,655
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Post by 4aapl on Feb 6, 2018 10:27:21 GMT -8
To put it in perspective, the DOW had an intraday low at correction level, off more than 10%. The S&P and Nasdaq lows put them in the 9% off level. I'm not worried, given the economy and jobs. Just pointing this out, since really it has to happen once in a while to keep things in check. Like one or more of the VIX things imploding, it's easy to get too complacent when you've had a long stretch of something working. This was how it was in my small circle mainly of new engineers in '99-'00, with every stock pick being a great one. It's hard to complain about mid double digit annualized gains, and suddenly everyone thinks they are a rock star. IMO we weren't there yet, since it wasn't a mainstream euphoria or mania like Bitcoin. But it's good to have these shakeups every once in a while, to balance things out and take some risk for the market off the table. And hey, it's a good stress test, both for individuals and the market, and places like finance.yahoo.com which are having some issues with all the excitement. Then again, it gives me lofty dreams of having picked up a large chunk of shares at the low. Someone did, I'm sure. I didn't, but will take a look at things today since this is very likely a good buying opportunity even if it's not the very bottom. Congrats all, for surviving the week's stress test. Ok, BTFD! Picked up SPY at 264.6599, going big with 10% of our account value. While AAPL's dip from the top is a little more than the indexes, my wife reminded me that this fits better with our medium to long term goals (Thanks!) I'll consider buying more, and am looking at SPY and AAPL spreads. Now (or later...moved to 3:05 ET) it's time to watch a giant rocket launch or "the best fireworks show ever" -Elon.
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ono
Member
compensation
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Post by ono on Feb 6, 2018 10:57:08 GMT -8
Moodys:
The company’s cash rebalancing will "deteriorate Apple’s liquidity,” he writes, but it is still "well positioned in the Aa1 rating category given the enduring strength of its underlying business (including a large and global installed base of iPhones), tremendous customer loyalty and our expectation of annual free cash flow of more than $40 billion after dividends,” writes Sohn.
Its nice seeing this reported. $52b/year and likely increasing (at least per share);
Apple Inc's Free Cash Flow per Share for the months ended in Dec. 2017 was $4.91. Its free cash flow per share for the trailing twelve months (TTM) ended in Dec. 2017 was $10.08.
During the past 12 months, the average Free Cash Flow per Share Growth Rate of Apple Inc was 3.40% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 5.90% per year.
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4aapl
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Post by 4aapl on Feb 6, 2018 11:33:04 GMT -8
Good to see some more level headed articles and videos: money.cnn.com/2018/02/06/investing/markets-selloff-reasons-not-to-panic/index.html"Some say it's even time to buy For bolder investors, this week's plunge could be an opportunity to go shopping for bargains in the stock market. Rob Carnell, head of Asia-Pacific research at investment bank ING, said that investors still have plenty of spare cash they're looking to put into the markets. If and when they do, markets could soon pick up again. "If you are not quick, you will miss out on what will probably be the biggest market move this year," he said." Or the video off of finance.yahoo.com/quote/%5EGSPC?p=%5EGSPC "I'm buying tech like my girlfriend who waits for a sale at Macys. Yesterday everything was on sale, and we bought a lot." It's interesting to see the difference in reactions to a marketwide dip/correction on little to no bad news, vs the same sort of thing on an individual stock on little to no bad news, a few days earlier. But like the flash crash nearly 8 years ago (Pogue said it was May 2010 in a yahoo video today), sometimes these things happen, whether you blame it on algo's or just jittery psychology that hasn't seen a dip in a while. I wouldn't be surprised to see another dip, today or first thing tomorrow, as this works through. OTOH, I remember the BREXIT reaction taking a day less than I expected, and so I missed buying the dip. Better to spread a purchase out over time, and get at least some of it in even if it's not the very best price. Relatively, all should be great prices looking back 3-6 months from now.
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Post by artman1033 on Feb 6, 2018 13:08:28 GMT -8
Volume 67,381,107 Avg. Volume 30,044,135
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4aapl
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Post by 4aapl on Feb 6, 2018 13:44:59 GMT -8
Nice launch, by both SpaceX and AAPL. 9 points off the floor....I'll take that, even if it makes me wish I had bought big at just that moment in time.
And what's that? AAPL is up more than GOOG and AMZN again today. That's a habit I'd be happy to not see broken.
Good recovery movement all around. I'm guessing half the ground from the low will be made up within a week, and all within about a month. The averages are well on their way to that. AAPL might have a little harder time with that, but upgrades like today's to a price target of $195 should help.
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Post by incorrigible on Feb 6, 2018 13:50:16 GMT -8
Nice launch, by both SpaceX and AAPL. That synchronized booster landing was a thing to behold. Kudos to Elon and the SpaceX team.
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Since84
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To infinity and beyond!
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Post by Since84 on Feb 6, 2018 16:51:13 GMT -8
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chinacat
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Post by chinacat on Feb 6, 2018 18:35:46 GMT -8
From a commenter on one of PED's articles:
And lastly, think about what being “net cash neutral” means for shareholders? It means once Apple’s cash balance is above whatever target level for working cap is reached, let’s say $100B as I propose, then the excess is returned as buybacks or dividends. Apple just made $20B last quarter, they could conceivably return all of that as dividends, or about $3.92 a share. Of course they won’t do that, they’ll likely use most for share repurchases, but it gives an idea of the scale of how much MORE Apple is intending to return to shareholders than it already is.
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ono
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Post by ono on Feb 6, 2018 20:35:14 GMT -8
Link? Thx. (I didn't find looking at various post and comments there at ped30.com)
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chinacat
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Post by chinacat on Feb 7, 2018 6:06:58 GMT -8
Link? Thx. (I didn't find looking at various post and comments there at ped30.com) Feb. 1, Ken Chang, last paragraph
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