Since84
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To infinity and beyond!
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Post by Since84 on Mar 12, 2018 2:50:03 GMT -8
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Post by artman1033 on Mar 12, 2018 5:31:58 GMT -8
AAPL ALL TIME HIGH! $182.39 All Time Highest TODAY intraday
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Post by michelc on Mar 12, 2018 5:38:14 GMT -8
Heading to 185$? New ath today?
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Post by socal Film Composer on Mar 12, 2018 6:12:59 GMT -8
Cheers Longs! A think we are in a re-pricing phase here, based on Buffet, cash repatriation, and general market consensus about the "moat" and sustainability of the brand; post "let's price this solely on the quarter's iPhone numbers" -
This is a good thing - as growth and expansion will be organic going forward across multiple monetization of the user base. Also this news about friendlier entry points on laptops is a huge relief. The young or aspirational buyer of a 1st mac laptop will likely stay with the brand for decades.. and as their economic profile expands they will be avail. for upsetting to more premium features and laptops.
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Post by gtrplyr on Mar 12, 2018 6:15:40 GMT -8
The next major leg up in this stock will come after the next CC when (hopefully) Apple gets serious about returning that cash to the shareholders. IMHO ... either buy Tesla or double the dividend !
Cheers to the longs !
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Since84
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To infinity and beyond!
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Post by Since84 on Mar 12, 2018 7:23:22 GMT -8
Interestingly, both the DOW and the S&P have turned RED. AAPL is outperforming. As it should be.
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Post by tuffett on Mar 12, 2018 7:50:56 GMT -8
I would like to see Apple get ahead of the game and not make the same mistake that they made by launching a large screen phone too late.
It should be clear to all that the majority of people, even the more affluent ones, no longer upgrade their phones for new and exciting features, but rather because their existing phone is deemed unusable. This is evidenced by the fact that sales have been stagnant for three years and counting despite a massive increase in install base. The trend of lengthening replacement cycles is showing no signs of slowing down. This means that hardware revenue becomes less and less important.
Apple has secured the high end with the iPhone X and the future upgrades to it that demolish the completion. However, the other phones I think are now priced too high. Apple needs to work the price lever on the next tier of phones to increase sales and continue to grow the install base to lock more people into the ecosystem and ensure recurring Services revenue. I’m not talking a huge drop, but a $100-$150 difference spread over 4 or 5 years is nothing to Apple and will be easily made up by Services and whatever ways they can reduce the BOM. This has the added benefit of weakening the competition, as competitors do not have the margins that Apple has to play with, nor can they offset it as easily with Services.
Install base is the most critical factor. Based on the conference calls, Apple knows this, but they need to see the forest from the trees and shift their strategy before the numbers start dropping. I think that time is coming very soon.
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Post by incorrigible on Mar 12, 2018 9:06:40 GMT -8
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Post by osx10 on Mar 12, 2018 9:18:04 GMT -8
Pardon my ignorance, but what the magic share price for the 1T valuation?
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Post by moltenfire on Mar 12, 2018 9:28:09 GMT -8
Eddy Cue said in comments at the South By Southwest conference in Austin:
"We don't know anything about making television," Apple "would rather build a studio than buy Netflix."
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Post by appledoc on Mar 12, 2018 9:45:59 GMT -8
TSLA up over 5% after announcing they halted production for a week in February. Could you imagine if Apple announced they had to halt iPhone production for a week?
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4aapl
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Post by 4aapl on Mar 12, 2018 10:26:04 GMT -8
Pardon my ignorance, but what the magic share price for the 1T valuation? In the last earnings call it said there were 5,157,787,xxx diluted shares. Using that figure gives $193.89 for $1T. I believe people have used different share figures, something about Apple saying how many shares there were at the call, instead of on Dec 31st or the closing day of the quarter. But diluted vs undiluted vary by a bit, so be careful what you use. If instead you use the figures off of something like Yahoo, who it looks like used undiluted shares, you get something around $197.00. The math on that is actually pretty easy since $1T is a big round number, so just divide the current share price by the current market cap, as a percentage of $1T ($920.527 Billion becomes .920527). So, 181.43 / .920527 = 197.09 I say "something around" because the share price is current, and I think their market cap price is 15 or 20 minute delayed. If you really want to be more exact with their figures, wait until at least 20 minutes after market close, or use the bid/ask values which are also delayed (currently leading to $197.35). Either way, it's just a little below $200. IMO, either the share price or market cap will likely be one of those things that either manages to block the stock from quite getting there, or that the stock blasts through. But like Dilbert/Dogbert said about the scary number(maybe around Y2K), it's a big round number. It's big. And it's round. My previous rough estimate was the movement from here to there would pay our taxes on all of our unrealized AAPL gains. I'm rooting for you AAPL! That will be worth a happy dance! (personally, unless things really change, I expect AAPL to average out the next few years to a 15% gain, with a possible upside being 20% (but as we've seen from the past 5-6 years, it's not likely a straight line). That will get Apple to $1T this year unless they really up the buybacks. OTOH, my rough expectation for the S&P is 10% with upside to 15%, and in the longer term likely 12%. I'm ok if those turn out to be underestimates, though I would prefer they weren't overestimates. But they are what I would likely use as a starting point for writing covered calls on AAPL or the S&P, basing strikes from there depending on how likely I wanted it to end in the money)
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Since84
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To infinity and beyond!
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Post by Since84 on Mar 12, 2018 11:08:44 GMT -8
Nice $1T recap 4aapl.
I've been using $193 as a proxy for a while. I anticipate there will be ample discussion as AAPL gets closer and, unfortunately, FUD and perhaps some resistance.
The nice thing is AAPL is less than 7% away. Imagine where the 'right' news could take things.
Not to be negative but there are a couple of pesky GAPs below us -- including one from this morning. Too many years of watching AAPL suggests they will get filled at some point.
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4aapl
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Post by 4aapl on Mar 12, 2018 11:15:06 GMT -8
From the weekend thread... I see 350 like Gregg and Tommo by then. (also added this to the seeking alpha comments) If you slightly round the end of FY22 to be 5 years out, the $295 high end price and the dividend increase suggested only work out to a 10% annualized increase, each. That's a pretty safe low end guess, but I'd go with 12% increases on the low end, and 15% on the high end. While 20% might happen, the probability of that happening is a lot lower unless AAPL's P/E range changes dramatically or Apple manages to hit a new out of the park home run in that time. But no reason to be greedy. Even 12% over 5 years brings AAPL from $180 today to $317 then. Up it to an annualized 15% gain, and the stock price doubles in 5 years, to $362. If the dividend annualized increase kept up too, that would just be frosting on the cake....but increasing the dividend at the same rate as the stock increases also means that the percentage would be the same 1.4% it is now. While annualized 10%, 12% or 15% increases over the next 5 years are fun to look at (and likely, IMO), IMO the probability is high of that being very unsmooth, with 15-30% increases some years but a -20% year and -10% year mixed in there, likely pairing up with a similar market downturn though history has shows AAPL doesn't always wait for such pullbacks to start it's own. Just like AAPL's last 5-6 years.
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Post by artman1033 on Mar 12, 2018 12:26:20 GMT -8
AAPL ALL TIME HIGH!$182.39All Time Highest TODAY intraday 32,161,373 shares traded today AAPL ALL TIME HIGHEST CLOSE!$181.72aaplinvestors.net/stats/rank/AAPL market CAP. 922.56 BILLION AAPL ALL TIME HIGH market CAP. 925.00 BILLION intraday TODAY
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Since84
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To infinity and beyond!
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Post by Since84 on Mar 12, 2018 13:29:00 GMT -8
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Post by Luckychoices on Mar 12, 2018 19:33:01 GMT -8
As are many on this board, I'm an AAPL Long. IMO, "Buy and Hold" is an excellent way to benefit from the continuing success of the company. With the ATH today, AAPL "Buy and Hold" folks, or those wished they had been, were commenting on the story I've linked below and sharing their own or other's history with AAPL. I included a few of the comments I enjoyed reading and started with my favorite comment...from luckymonkey (no relation). =========== luckymonkey Comments (213) | All honesty my grandfather bought 10k worth sometime around 1983 and never sold a single share. That was his style - never sell. Forgot he even owned the shares until he found the original certificates in his safe deposit box sometime around 2002 I think. Several splits and every dividend reinvested. Made a fortune. Changed our entire family's lives forever. True story. 12 Mar 2018, 08:27 PM =========== burnsth1 Comments (58) | By dumb luck I got in at $6.40 in 2005. I thought iPods were great so I bought some stock. Who knew! 12 Mar 2018, 05:25 PM =========== Stefan Redlich, Contributor Comments (1758) | I wish I were as smart when Apple released its first iPhone as I thought it was mind-blowing but I was not well-educated enough to know about stocks and the overall potential back then (although I was 21 years old and studying Finance but these really crucial things are not taught at school or university). 12 Mar 2018, 05:49 PM =========== Hank890 Comments (3031) |Following |Send Message | My sis-in-law knew. She bought $3100 of AAPL in August 1997, when Jobs showed up at MacWorld, and put the shares into her IRA. The position is still there. It dwarfs everything else in her IRA. But she loves the company, and refuses to sell. Diversification theory suggests that no one stock should dominate a 33 year old IRA; its just too much concentration. But she does not care. Ah well. She missed the 30% one day gain, that the market awarded Job's mere presence on the Boston stage,.... which I thought was a big mistake. But in retrospect, that blip 30% was nearly meaningless compared with what happened afterwards. 12 Mar 2018, 06:59 PM =========== jbc123 Comments (1282) | I sold Apple 3 times over the last ten years and made (what I thought) good money on every sale. If I had just held onto the original shares I would have 3000 shares now instead of 1500, and would have saved a ton of taxes. I learned the hard way that you don’t sell Apple. Lesson learned. 12 Mar 2018, 10:00 PM =========== judman Comments (40) | AAPL has a reasonable P/E, a decent dividend, and a growing Services business. Buffett plus Buybacks provide a floor to the stock. The run up from $152 to today’s $182 was faster than many expected. Happy to own shares since 2009! 12 Mar 2018, 07:24 PM =========== fiorello6941 Comments (1) | JoeF. I was smart enough to buy it at $95 twelve years ago ( before split) or 13.6 after split. Also dumb enough to sell at $ 200 and buy back at $ 640. If I held original 500 shares at $ 95 it would be worth $ 632,000 now. 12 Mar 2018, 09:16 PM =========== Prodigy Disc Golf Comments (352) | The one stock I try to buy every week. 12 Mar 2018, 09:38 PM =========== Apple hit new high today in race towards $1T market capApple (NASDAQ:AAPL) hit a new high today as shares bumped $182 intraday before slipping back down slightly.
The move put Apple’s market cap over $925B, ahead of Alphabet and Amazon, in the race towards the $1T mark.
Apple shares closed the day up 1% to $181.72.
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