aapl
fire starter
Posts: 186
|
Post by aapl on Feb 20, 2024 6:00:56 GMT -8
AAPL down slightly in the premarkets: $182.24 -$0.07 (-0.04%)
.
|
|
|
Post by hledgard on Feb 20, 2024 6:34:30 GMT -8
I just don't see AAPL going anywhere for the foreseeable future. AVP needs a new big use case, for example medical, shopping, or travel, for the AVP to be a major source of income for Apple. Otherwise I do not see any major area for growth.
|
|
chinacat
Moderator
AAPL Long since 2006
Posts: 4,432
|
Post by chinacat on Feb 20, 2024 6:39:04 GMT -8
I just don't see AAPL going anywhere for the foreseeable future. AVP needs a new big use case, for example medical, shopping, or travel, for the AVP to be a major source of income for Apple. Otherwise I do not see any major area for growth. So, you’re selling?
|
|
aapl
fire starter
Posts: 186
|
Post by aapl on Feb 20, 2024 7:02:13 GMT -8
I just don't see AAPL going anywhere for the foreseeable future. (snip) Does it have to go anywhere? If you're a trader, then yes. If you are an owner, maybe not. When AAPL's stock price stalls like it is now or when it hits new highs, I'll ask myself, "Would I buy it today at this price?" My answer is most often, "Yes." There are probably 30+ reasons that I consider Apple to be the best company to own. Based on the track record of this management team, the continued upgrading of products, the ever expanding number of customers, subscriptions, and the 25 other reasons I sleep well at night. I am an owner who enjoys seeing a net income that has averaged nearly $2 Billion per week over the past 2 years. Fidelity tells me AAPL has averaged like 22% since 2007. I spend many hours a day on this investment and don't see anything yet that makes me think this is going to stop soon. Just my 2 cents.
|
|
4aapl
Moderator
Posts: 3,657
|
Post by 4aapl on Feb 20, 2024 8:05:42 GMT -8
I just don't see AAPL going anywhere for the foreseeable future. (snip) Does it have to go anywhere? If you're a trader, then yes. If you are an owner, maybe not. When AAPL's stock price stalls like it is now or when it hits new highs, I'll ask myself, "Would I buy it today at this price?" My answer is most often, "Yes." There are probably 30+ reasons that I consider Apple to be the best company to own. Based on the track record of this management team, the continued upgrading of products, the ever expanding number of customers, subscriptions, and the 25 other reasons I sleep well at night. I am an owner who enjoys seeing a net income that has averaged nearly $2 Billion per week over the past 2 years. Fidelity tells me AAPL has averaged like 22% since 2007. I spend many hours a day on this investment and don't see anything yet that makes me think this is going to stop soon. Just my 2 cents. Nice! I guess those are basically my thoughts too. I don't see any reason for a huge upside in the near future, though AAPL should drift up with the market if the market heads up. But it comes down to thinking if there is any other company that I would trust as much. I don't need huge returns if it comes in at much higher risk. Hitting market averages, which recently was exactly 10.00% annualized for the previous 10 years for the S&P, would be fine. IMO it seems like AAPL should still be able to beat the market averages by a little, over time. So for a longer term mindset, when some extra cash comes up I feel ok investing in AAPL. And so this morning, right before reading this thread, I reinvested my AAPL dividends into AAPL, at around 180.35. OTOH, with no big swings expected, I'm not taking on additional risk to buy more shares on margin for a shorter term trade. For that I'd want a bit more near term potential gains, such as if the stock slumped to 165 for no real reason. That's what I did around Halloween, though I didn't end up selling at the top. It's possibly to think both short term and long term, like an angel on one shoulder and a devil on the other. Or that crazy guy from Ski Patrol. Anyways, it's nice to have a few more shares. And I see the accounts that were set to reinvest the dividend automatically did that on Friday, such as a purchase of 1.0x shares. (EDIT: Since I only am looking at around market returns, at some point it will make sense to switch more over to just plain indexes. That will be easy in the Roths, but have a big tax hit in the normal accounts. I don't see a time in the next decade that I would switch over everything, but it's likely I will switch over 20-50% of the total. And there is a variety of reasons for that, but it basically just comes down to managing risk/reward while remembering that things vary over time.)
|
|
chinacat
Moderator
AAPL Long since 2006
Posts: 4,432
|
Post by chinacat on Feb 20, 2024 9:24:38 GMT -8
|
|
|
Post by macster on Feb 20, 2024 11:44:47 GMT -8
I just don't see AAPL going anywhere for the foreseeable future. (snip) Does it have to go anywhere? If you're a trader, then yes. If you are an owner, maybe not. When AAPL's stock price stalls like it is now or when it hits new highs, I'll ask myself, "Would I buy it today at this price?" My answer is most often, "Yes." There are probably 30+ reasons that I consider Apple to be the best company to own. Based on the track record of this management team, the continued upgrading of products, the ever expanding number of customers, subscriptions, and the 25 other reasons I sleep well at night. I am an owner who enjoys seeing a net income that has averaged nearly $2 Billion per week over the past 2 years. Fidelity tells me AAPL has averaged like 22% since 2007. I spend many hours a day on this investment and don't see anything yet that makes me think this is going to stop soon. Just my 2 cents. on this date two years ago up till today at 2:30 Apple has gone up $15.72. Doesn't look all that good.
|
|
|
Post by Luckychoices on Feb 20, 2024 12:48:20 GMT -8
Does it have to go anywhere? If you're a trader, then yes. If you are an owner, maybe not. When AAPL's stock price stalls like it is now or when it hits new highs, I'll ask myself, "Would I buy it today at this price?" My answer is most often, "Yes." There are probably 30+ reasons that I consider Apple to be the best company to own. Based on the track record of this management team, the continued upgrading of products, the ever expanding number of customers, subscriptions, and the 25 other reasons I sleep well at night. I am an owner who enjoys seeing a net income that has averaged nearly $2 Billion per week over the past 2 years. Fidelity tells me AAPL has averaged like 22% since 2007. I spend many hours a day on this investment and don't see anything yet that makes me think this is going to stop soon. Just my 2 cents. on this date two years ago up till today at 2:30 Apple has gone up $15.72. Doesn't look all that good. That's only the difference in share price over 2 years...but, IMO, one should also consider how many AAPL shares the company has repurchased and quarterly dividends they've paid to AAPL shareholders over that same time period. Apple is currently at $181.07/share...down -6% for 2024 but up +66,983% since the first market day of 2001. For my wife and myself, our current yearly AAPL dividends ~ 5 X (my yearly pension[23 years]+wife's yearly pension[29 years]+my yearly Social Security). Considering the difference in our lives Apple has made, I'm more than happy to be patient and hold AAPL while many different market manipulators continue to drive the share price down. The lower they drive the share price the more AAPL shares are purchased each quarter from the AAPL dividends in our IRA's. After almost 12 years of auto-reinvesting those dividends to buy new shares, the average cost basis of those new AAPL shares is $47.48/share. If our conviction that AAPL is an excellent long term investment changes in the future...we'll sell our AAPL shares
|
|
|
Post by nwjade on Feb 20, 2024 15:58:03 GMT -8
|
|
|
Post by macster on Feb 20, 2024 20:15:30 GMT -8
on this date two years ago up till today at 2:30 Apple has gone up $15.72. Doesn't look all that good. That's only the difference in share price over 2 years...but, IMO, one should also consider how many AAPL shares the company has repurchased and quarterly dividends they've paid to AAPL shareholders over that same time period. Apple is currently at $181.07/share...down -6% for 2024 but up +66,983% since the first market day of 2001. For my wife and myself, our current yearly AAPL dividends ~ 5 X (my yearly pension[23 years]+wife's yearly pension[29 years]+my yearly Social Security). Considering the difference in our lives Apple has made, I'm more than happy to be patient and hold AAPL while many different market manipulators continue to drive the share price down. The lower they drive the share price the more AAPL shares are purchased each quarter from the AAPL dividends in our IRA's. After almost 12 years of auto-reinvesting those dividends to buy new shares, the average cost basis of those new AAPL shares is $47.48/share. If our conviction that AAPL is an excellent long term investment changes in the future...we'll sell our AAPL shares Yes yes but still, the 2 year gain per share is around $15 Buybacks are magic tricks not real growth. And yes I’ll continue to hold because the buybacks, divies, excellent management and billions of satisfied customers stabilizes the stock moreso than many others even in a market sell off.
|
|
ono
Member
compensation
Posts: 552
|
Post by ono on Feb 20, 2024 20:38:50 GMT -8
... and strong free net cash flow. It seems to be growing again, after a down year of a shameful only $90B. Having issues attaching the graphic. Fixed
|
|