Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,091
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Post by Dave on Jun 5, 2020 2:23:49 GMT -8
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,091
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Post by Dave on Jun 5, 2020 2:41:19 GMT -8
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,091
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Post by Dave on Jun 5, 2020 2:45:25 GMT -8
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Post by artman1033 on Jun 5, 2020 5:50:36 GMT -8
AAPL ALL TIME HIGH!$331.75All Time Highest TODAY intraday 33,580,038
shares traded today AAPL ALL TIME HIGHEST CLOSE!$331.50aaplinvestors.net/stats/rank/AAPL market CAP. +1.432 TRILLION AAPL ALL TIME HIGH market CAP. +1.435 TRILLION TODAY +$1.435 TRILLION
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,091
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Post by Dave on Jun 5, 2020 6:00:00 GMT -8
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4aapl
Moderator
Posts: 3,622
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Post by 4aapl on Jun 5, 2020 6:57:11 GMT -8
How do people see 5G changing things for their phone?
There are occasions where you make really big downloads. But these days streaming is king, so if watching a movie, it doesn't have to be downloaded first. I understand edge cases, like downloading a movie just before getting on a plane, but what is the huge benefit to the average user, or even the upper average user that would latch onto it and then suggest the upgrade to everyone else.
With my iPhone 11, I'm constantly amazed at how good the battery life is. Now, part of it is that I don't use it too much, at least staring at the screen, but often at the end of the day it's in the 88-92% charge. Going on a multi-hour ride or hike, with Strava or the like tracking it via GPS, only knocks it down a few percent, instead of wiping out the replaced battery on the old iPhone. It still has a little trouble with places without consistent WIFI, like if ours is spotty or we have a power outage, but overall that has been a huge difference I have seen, and matters more in my particular use than a boost of any speed, no matter the multiple.
How is 5G going to change the world on my iPhone. Or just as important in terms of selling new units, how is the average user going to think their iPhone usage will be improved by upgrading to a new 5G iPhone once they are available.
I know I've said it a few times, but just as a reminder, Thanks AAPL!
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Post by socal Film Composer on Jun 5, 2020 7:54:31 GMT -8
congrats longs! so happy for the shares I grabbed in the mid to low 200 s - wow, who knew we'd have such a powerful market recovery - but the jobs # is huge for apple, esp. given consumer's fiscal health and ability to buy more AAPL projects and services -
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Post by hyci004 on Jun 5, 2020 8:24:27 GMT -8
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Post by hledgard on Jun 5, 2020 10:09:54 GMT -8
I see you point 4aapl. I really can't see any real use 5G for myself. But it seems to be the current hype that 5G is great, and the average user may just decide to upgrade without any clear use.
A mystery to me.
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4aapl
Moderator
Posts: 3,622
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Post by 4aapl on Jun 5, 2020 10:13:10 GMT -8
Like some of the comments on the PED recap, I have a hard time feeling this is an unsurmountable problem. I'm sure there are problems to overcome, just as there is in any automation. Often the problem is coming up with all the ways something can fail, especially something that we take for granted, and then dealing with that error. In a high speed manufacturing area, that might mean rejecting that one, and sending it to a human. If the ratios are right, and the machinery can run 24x7 or close to it, it can pay off. I'm not an expert in this, but 20-25 years ago I dealt with semiconductor processing, and remember setting up automated measuring systems in a class 1 fab. I don't remember the exact specs, but you're talking much much much tinier tolerances. At the time there was a lights off fab for cell phone processors at Motorola, doing it all without human interaction. Software Automation, for testing or otherwise, was the same way. It was pretty easy to get going. The harder part was dealing with errors, especially if it died in some unexpected way. But by recording it and moving on, a tester could then check to see what happened. In a way the problem was with not setting up the automation to notice the ancillary problems that a human would likely notice. My wife helped set up the packaging line of a pharmaceutical line, that took pills, packaged them, marked them, and boxed them, all at huge numbers per second. We have friends in many different areas of high speed packaging or manufacturing, and as engineers we always enjoy watching the automated lines, in person at places like Tilimook, Sharfenburger, or Hersheys, or on shows like Modern Marvels or on the Food Network. But, like any automation I have worked on, there's likely parts that are a lot easier than others. Just like fully automated driving, that might still have problems with some edge cases. I'm sure Apple is still looking into this and doing it where it makes sense. With the numbers they deal with, it's well worth it. Saying "It's too hard" just doesn't sound like the Apple I know.
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4aapl
Moderator
Posts: 3,622
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Post by 4aapl on Jun 5, 2020 10:17:33 GMT -8
When I headed out for a ride a couple hours ago, AAPL just passed $328 by a few cents (I never saw so many attempts, hitting $328.00 again and again before it finally exceeded it). AAPL exceeded $331 just after I got back. Who knew getting out and going for a MTB ride could be so lucrative! Thanks AAPL!
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Post by zebrum on Jun 5, 2020 10:34:48 GMT -8
Congrats everyone! Didn't expect the ATH so soon! Congrats to Tim for nailing the V shape recovery!
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mark
fire starter
Posts: 1,552
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Post by mark on Jun 5, 2020 11:39:14 GMT -8
Earlier this week, I decided to sell some shares at 325, so I used the technique that I mentioned a few weeks ago ... I sold some 325 strike puts (expiring today). But then, I did something that is very uncharacteristic, I changed my mind ... and bought back those puts yesterday afternoon. Usually I don't buy back puts, in fact, this is the first time - usually I either let them expire worthless, or I get assigned. I suppose I got lucky!
Wow, I just looked at the quote on that option ... and I got REALLY lucky! I bought them back at $0.50 yesterday and they are now trading at $6.50 or so.
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Post by hyci004 on Jun 5, 2020 12:00:25 GMT -8
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,091
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Post by Dave on Jun 5, 2020 12:07:33 GMT -8
Wow! Amazing!
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JDSoCal
Member
Aspiring oligarch
Posts: 4,182
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Post by JDSoCal on Jun 5, 2020 12:10:57 GMT -8
Not just an ATH, but momentum.
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Post by Luckychoices on Jun 5, 2020 15:08:53 GMT -8
There were two work friends in the early 2000's that I encouraged to invest in AAPL. One was a guy in a different department who was buying many different stocks, always trying to buy low and sell high.He knew that my wife and I were invested in AAPL and every time we'd pass in the hall, he'd say, "Sell!! Sell! Lock in your profit." I'd always remind him we were investing in AAPL for the long term and even though he was always mentioning to me things like, "I just sold Bank of America for a 20% profit", he slowly came over to investing most of his IRA's and 401K in AAPL. He retired a couple of months ago at 58, primarily, I think because he felt he could financially squeak by on his pension, IRA's and 401K.
The other friend was a guy who I shared a cubicle with when I first started at the company in 1985. I lobbied in the early 2000's for him to consider investing AAPL but he was very hesitant. Finally, however, he made the move and purchased AAPL with 70% of his 401K, which was the maximum allowed, and only permissible for those over 50-years of age. A year or so later, I asked him why he finally bought at @$415 but didn't buy at $250. He said, "I don't know...I guess I just wasn't ready."
Dave and I are no longer in close contact but I hear from him once or twice a year. After AAPL's surge today, I got the following very nice message in a short email and it put a smile on my face. 😊
Every time I break another million dollar ceiling I remember you imploring me to buy APPL. I suppose if I was younger I would go spend money. But now I am happy with just a good nights sleep. However, I am thankful of your advice. Best wishes to you and Marilyn. Dave R Sent from my iPhone
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Post by nwjade on Jun 5, 2020 17:30:25 GMT -8
I suspect there's quite a number of happy investors who went all in with aapl and have hung in there through all the trials and tribulations over the years. Myself in 2006 I sold everything in my IRA and used all the funds to buy aapl at $78 ($11 post split). In 2013 when I retired and could take control of my 401K I rolled it into my IRA and used all those funds to buy aapl at $434 ($62 post split). Extreme concentrated investment can really pay off if you're lucky enough to bet on the right horse. I'm confident in Apple's long term future and will continue holding for the foreseeable future.
Cheers to the longs!
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Post by ericinaustin on Jun 5, 2020 18:52:23 GMT -8
I understand your point. I think this will be a little bit like the App Store was. When Apple first developed the phone Apps were a second thought. No one really thought it would be much more than a side business. Turns out when you have with that much processing power in your hand you use it in ways you never realize you needed. I think the same thing will happen with 5G. Because we have the bandwidth we willbe doing things we never thought of. Those things will be so useful and seems so obvious we will wonder why we didn’t need them before
Ericinaustin
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4aapl
Moderator
Posts: 3,622
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Post by 4aapl on Jun 5, 2020 20:33:30 GMT -8
I understand your point. I think this will be a little bit like the App Store was. When Apple first developed the phone Apps were a second thought. No one really thought it would be much more than a side business. Turns out when you have with that much processing power in your hand you use it in ways you never realize you needed. I think the same thing will happen with 5G. Because we have the bandwidth we willbe doing things we never thought of. Those things will be so useful and seems so obvious we will wonder why we didn’t need them before Ericinaustin The same can be said about many computer things, from processing power, to memory. Enter Bill Gates quote about no one ever needing more than 128k of memory. I guess I just wonder if it will be a quantum leap, enough that it really does push new sales (EDIT: In a huge way). For comparison, that would be like a 100BT making sales over 10BT ethernet, or going from 802.11B to 802.11G....or N....or the new standards now, AC. Cable modems vs DSL vs dialup? I'd love for Apple to sell a ton and for the stock to react accordingly. The question is if there is enough demand, organically or created via a frenzy. Or is it just a wall of worry type item, that might not actually be a real worry once real numbers are put to it? So far, it doesn't seem like there is a real reason for a big demand change, but at times people are convinced to wait, so there's a chance there really is pent up demand, directly or indirectly due to 5g.
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