Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,335
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Post by Dave on Apr 29, 2021 2:21:50 GMT -8
Good day after earnings report morning. I’m happy to report a nice shade of green in the pre-market of +$3.97 +(2.97%) at the moment. Hopefully this is the beginning of a new upward trend. Let’s make some (more) money today. Premarket: Apple is green
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,335
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Post by Dave on Apr 29, 2021 2:33:17 GMT -8
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Post by artman1033 on Apr 29, 2021 5:03:23 GMT -8
As of January 2, 2019, 4,729,803,000 shares of Apple’s common stock were issued and outstanding. HEREAs of January 2, 2020, 4,384,027,000 shares of Apple’s common stock were issued and outstanding. HERE345,776,000 Reduction year over year. 4,375,480,000 shares of common stock were issued and outstanding as of January 17, 2020. 8,547,000 REDUCTION From January 2nd to January 17th. As always, PLEASE CHECK MY MATH. 4,334,335,000 shares of common stock were issued and outstanding as of April 17, 2020.41,145,000 REDUCTION From January 17th to April 17th. 4,275,634,000 shares of common stock were issued and outstanding as of July 17, 2020. 58,701,000 REDUCTION From April 17th to July 17th. 17,001,802,000 shares of common stock were issued and outstanding as of October 16, 2020. DIVIDED BY 4 = 4,250,450,500 25,183,500 REDUCTION from August to October 16th,2020 16,788,096,000 shares of common stock were issued and outstanding as of January 15, 2021. 213,706,000 REDUCTION from October to January 15th, 2020 16,687,631,000 shares of common stock were issued and outstanding as of April 16, 2021.100,465,000 REDUCTION From January 15th to April 16th.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,438
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Post by chinacat on Apr 29, 2021 5:30:05 GMT -8
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Post by archibaldtuttle on Apr 29, 2021 5:30:49 GMT -8
Good morning all. After blasting through earnings, AAPL is currently up by less than Carnival Cruise Lines (CCL), which has no revenue for a year. What a world!
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Post by Lstream on Apr 29, 2021 5:40:06 GMT -8
Good morning all. After blasting through earnings, AAPL is currently up by less than Carnival Cruise Lines (CCL), which has no revenue for a year. What a world! Things are goofy. Honestly, a red day would not surprise me.
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Post by rmhe1999 on Apr 29, 2021 6:10:48 GMT -8
Geez. Talk about frustrating.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,438
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Post by chinacat on Apr 29, 2021 7:18:29 GMT -8
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Post by aaplsauce on Apr 29, 2021 7:26:11 GMT -8
CNBC dragging out the con man Sacconaghi to "weigh in" on Apple's fate.
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Post by silkstone on Apr 29, 2021 7:30:52 GMT -8
So with only 27% of smartphone shipments, Apple still has plenty of room to grow iPhone sales on the way to world 🌎 domination and shareholders still have a lot to look forward to.
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Post by archibaldtuttle on Apr 29, 2021 7:33:42 GMT -8
Market's not going to be happy til AAPL is back at 20 PE
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Post by archibaldtuttle on Apr 29, 2021 8:57:37 GMT -8
Same song, different verse.
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Post by macster on Apr 29, 2021 9:01:16 GMT -8
Everyone already owns some and knowing the history of the massive sell offs and a high PE, interest wanes. Maybe it’s time to further increase dividend to perk interest and lower the buybacks. If is so confident with buybacks why not? It will boost the stock price, a win win. Imo
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,438
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Post by chinacat on Apr 29, 2021 9:09:04 GMT -8
Market's not going to be happy til AAPL is back at 20 PE Well, the “E” keeps getting bigger, so as a long I hope you are wrong.
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Post by hyci004 on Apr 29, 2021 9:13:47 GMT -8
Down after a blow out earnings for three quarters in a row. Wall Street really wants the guidance even if it is conservative like the good old days.
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Post by duckpins on Apr 29, 2021 10:33:55 GMT -8
Max pain might suggest a 135 to 140 expiration this week makes lots of money for the call sellers and almost none for the put buyers. So...
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Post by archibaldtuttle on Apr 29, 2021 11:11:44 GMT -8
It would be one thing if the whole market was down or something. But AAPL is trailing the market on a day when they beat earnings expectations by 40%. Just crazy.
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Post by playultimate on Apr 29, 2021 11:58:30 GMT -8
...and Facebook is up 7+%.
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Post by silkstone on Apr 29, 2021 12:16:10 GMT -8
Max pain might suggest a 135 to 140 expiration this week makes lots of money for the call sellers and almost none for the put buyers. So... Yea, I remember a few years ago when it seemed like the only people making money in Apple were the call sellers, maybe we are heading into a similar situation ?
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Post by archibaldtuttle on Apr 29, 2021 13:26:53 GMT -8
AMZN breaks out to ATHs.
Why does Max pain theory only apply to AAPL and not stocks like FB or AMZN?
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,438
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Post by chinacat on Apr 29, 2021 13:43:26 GMT -8
AMZN breaks out to ATHs. Why does Max pain theory only apply to AAPL and not stocks like FB or AMZN? I’m a bit disappointed that Tim (and the board) is not compensating for the the stock price lag with greater dividend increases, which remain pretty minimal. It is only the fondness and faith of the investors that has prevented or at least delayed a significant sell off after the last couple of earnings reports.
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Post by ericinaustin on Apr 29, 2021 15:32:30 GMT -8
You know I really don’t want Cook and Mastri sitting around thinking how do we boost the stock price. They have enough to do managing new product dev. Supply lines etc. they keep executing like they do and the price will take care of itself. If a bunch of quarterly results idiots sell while apple is turning in these kind of numbers I’ll be happy to buy more and take these losers money. I’ve been doing it for 18 years. I can keep it up.
Eric in Austin
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crispin
Member
KBJ for the win. AAPL long and strong since 2000
Posts: 325
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Post by crispin on Apr 29, 2021 15:36:12 GMT -8
AMZN breaks out to ATHs. Why does Max pain theory only apply to AAPL and not stocks like FB or AMZN? I’m a bit disappointed that Tim (and the board) is not compensating for the the stock price lag with greater dividend increases, which remain pretty minimal. It is only the fondness and faith of the investors that has prevented or at least delayed a significant sell off after the last couple of earnings reports. Agree that the divvy increase has been a little anemic, but ultimately I’d rather the money be spent to reduce the float. My impression is that Tim thinks very little about the stock price, and thankfully does not waste effort trying to please the braying boneheads on Wall St. Of course this also means that personal investors like you and I don’t always feel the love. But if I’m ever feeling low, I just pull up the 5 year chart and realize that Tim’s focus is exactly where it should be.
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Post by archibaldtuttle on Apr 29, 2021 15:44:18 GMT -8
As of today, the trailing PE is around 30, lower than it's been since they announced the stock split back in August.
The period we had of PE > 30 has been an anomaly since that stock split was announced. If we return to a historical PE closer to 20, with current EPS that would bring AAPL down to $90 per share.
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Post by nwjade on Apr 29, 2021 15:56:52 GMT -8
Unless you're a swing trader and wanted to try and trade a big beat pop why all the angst? AAPL is up 86.16% for 2019 and 80.75% for 2020 for crying out loud. I'm fine with consolidation, if there was a pop I wouldn't of sold and I'm not selling here either so what's the difference? Apple is probably the best company on earth, the stock will take care of itself long term. They could of raised the div more in my opinion is my only nitpick.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,438
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Post by chinacat on Apr 29, 2021 17:35:54 GMT -8
So with only 27% of smartphone shipments, Apple still has plenty of room to grow iPhone sales on the way to world 🌎 domination and shareholders still have a lot to look forward to. It grew 27%; from the article: “Apple shipped 52.4 million for 15% of the total.”
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Post by archibaldtuttle on Apr 29, 2021 17:36:42 GMT -8
The angst comes from — how much longer will AAPL be dead money as other investments grow by huge %.
Beating the S&P 500 index fund used to be the mark of a good investment. We invest to make money; blind loyalty to a stock that’s performing below average... why hold?
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4aapl
Moderator
Posts: 3,868
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Post by 4aapl on Apr 29, 2021 18:32:59 GMT -8
Unless you're a swing trader and wanted to try and trade a big beat pop why all the angst? AAPL is up 86.16% for 2019 and 80.75% for 2020 for crying out loud. I'm fine with consolidation, if there was a pop I wouldn't of sold and I'm not selling here either so what's the difference? Apple is probably the best company on earth, the stock will take care of itself long term. They could of raised the div more in my opinion is my only nitpick. Thank you! AAPL has moved in various ways over the years, sometimes with movements that seem unjust. Some people try to play the moves, while others just hold steady. It seems the solution if being a long term holder is to just not worry about the short term moves, while also being mindful that if you want to sell some shares sometime, there are certain times that are better than others. Likewise, if you are going to be worried about how other stocks are performing, then invest in them. Even in '98-'00, there were some stocks that did much better on the upside than others, such as a variety of ones that went 10x in a year. The grass always looks greener, somewhere. The trick is to either move on, or to appreciate what you have, both the negatives and the positives. It would have been nice to have a blow-out day today. But as the song goes, "you don't always get what you want". Instead, cut over to "Don't worry, Be Happy", "Up!" from Shania, or "Baby Girl" from Sugarland. Plenty of songs out there about not having instant gratification, but enjoying the ride as you have tremendous success. Thanks Apple!
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crispin
Member
KBJ for the win. AAPL long and strong since 2000
Posts: 325
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Post by crispin on Apr 29, 2021 18:33:47 GMT -8
The angst comes from — how much longer will AAPL be dead money as other investments grow by huge %. Beating the S&P 500 index fund used to be the mark of a good investment. We invest to make money; blind loyalty to a stock that’s performing below average... why hold? Take a look at the 1-year, 3-year, 5-year, 10-year, or heck, any year chart versus the S&P and ask me why I hold.
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4aapl
Moderator
Posts: 3,868
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Post by 4aapl on Apr 29, 2021 18:43:29 GMT -8
I missed the call yesterday, and most of today. Sometimes that happens, and there's times where the "blind loyalty" makes me not even care about hearing the whole thing, while at the same time my daily excuse for reading so much about Apple even though any of it is unlikely to cause me to make a short term change on my long term investments is that I have to pay attention in case multiple things point to a big change. Anyways, the podcast of the earnings call is at podcasts.apple.com/us/podcast/apple-quarterly-earnings-call/id74942331?i=1000519149861Keep in mind that they only keep it up for a week or two, so if you want it, download it. It looks like I missed putting Q1 into my collection, while I probably have all going back to '05...even if I never listen to them more than once.
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