Good morning. I hope everyone has finished licking their wounds from yesterdays discussion and can move on. We've started the morning with a new high of $300.89 but are in the red now, hopefully only for the moment. Let's make some money.
Strange that different feeds can say different things.
Yahoo says the high was $300.89
Google shows $300.90
TDAmeritrade lists $300.90
It doesn't matter much. Still, it's strange. I thought in the past the feeds tended to get corrected intraday, but maybe that's just closing prices, where they are deciding exactly which price to use as the "final" one.
Anyone planning on making it to the shareholder's meeting? I'm probably not making it down this year, but need to go one of these times. It's been 14 or 15 years since I've been to one.
We have the choice to build this board up, or tear it down. Make the right choice, or don't post here.
To All: Please remember to keep non-Apple SPECIFIC political stuff out of the daily thread. Post it over in the Dungeon, if you really want to discuss it with others on the AAPL Finance Board.
Good morning. I hope everyone has finished licking their wounds from yesterdays discussion and can move on. We've started the morning with a new high of $300.90 but are in the red now, hopefully only for the moment. Let's make some money.
Fortunately, I applied some medicine, and I feel better now.
Here's a dumb article from Bloomberg (redundant?).
I have no problem with the headline, but this paragraph made me shake my head:
For the first time since 2011, shares of the iPhone maker have traded at a higher price-earnings ratio than the S&P 500 for months amid a year that saw the stock’s valuation almost double. It’s a reversal from the previous nine years, when concerns over a lack of product innovation kept the stock at a persistent discount to the market.
This makes it sound to the casual reader that AAPL (PE 25.2) is trading higher than all of the S&P 500 (24.2). But the S&P's PE is an average of all 500 companies' PE's, which means Apple is trading just above what an *average* S&P company is priced at. Do even any AAPL bears think Apple is an average company, with their profit share and cashflow and margins and brand loyalty? (if so, what would be an above average company in Apple's sector(s)?).
I mean NFLX doesn't even own most of what they are streaming and its PE is 107. Or average burrito company CMG is priced at a 78 PE.
I know I bring them up a lot, but PE's are increasingly meaningless for comparing stocks (not sure how comparing Apple's PE to itself is any more useful).
Wishing all AAPL longs an ATH brokerage account balance.
"Our favorite holding period is forever." -- Warren Buffett
mercel: It's been a long strange trip - good to see you're still around (and in AAPL -my assumption).
May 10, 2019 12:48:32 GMT -5
Zeke: Long time no see. Nice to see familiar names still here.
Mar 25, 2019 14:42:52 GMT -5
sponge: Regarding the future of VR, I think it will be huge. I was a gamer when I was in college. But as an adult I lost interest. Last fall I flew up to visit my son at college and check out his new Vive set up. After playing with it for the weekend, I was
Apr 29, 2018 15:25:17 GMT -5
galleybob: thanks for your answer. I will copy and send to her
Nov 7, 2017 15:32:18 GMT -5
rickag: So since Jan 28th 2015 AAPL is up from 117.27 to 157.21
Aug 21, 2017 20:09:43 GMT -5
artman1033: VXAPL = 29.21 AAPL = $117.27 AFTER EARNINGS
Jan 28, 2015 14:54:46 GMT -5
artman1033: VXAPL = 44.94 AAPL = $110.39 BEFORE EARNINGS
Jan 27, 2015 11:12:53 GMT -5