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Post by aaplsauce on Jul 13, 2021 22:26:34 GMT -8
Wednesday Greetings AAPL Investors: Apple Investor News, "always updating news stream”. Reuters: Apple's potential 'buy now, pay later' plan sends sector shares tumbling"The Bloomberg report said Apple Pay users would be allowed to split their payments into four interest-free installments, or across several months with interest." Anytime I can borrow money for free, I take advantage of the opportunity. 4 interest-free installments due every two weeks sounds great to me.
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
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Post by Dave on Jul 14, 2021 4:08:34 GMT -8
This looks like a great day to break the $150 mark.
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Post by artman1033 on Jul 14, 2021 5:32:04 GMT -8
I shall return at the CLOSE
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chinacat
Moderator
AAPL Long since 2006
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Post by chinacat on Jul 14, 2021 5:43:21 GMT -8
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Ted
fire starter
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Post by Ted on Jul 14, 2021 6:59:52 GMT -8
I could get used to this. Up $3.50 and climbing… wheeee.
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Post by gtrplyr on Jul 14, 2021 7:30:36 GMT -8
Congrats to the longs .... been a while since I've posted anything but I'm still here and long as ever!
Cheers.
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bud777
fire starter
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Post by bud777 on Jul 14, 2021 8:36:41 GMT -8
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Post by artman1033 on Jul 14, 2021 10:15:11 GMT -8
YOUR LINK would not work for me. I found this from. 2/15/2015: Apple: UBS Heartened that Cook Doesn’t Believe in ‘Law of Large Numbers’ By Tiernan Ray Feb. 11, 2015 1:45 pm ET UBS’s Steve Milunovich today reiterates a Buy rating on shares of Apple (AAPL), and a $130 price target, after parsing words of CEO Tim Cook at the Goldman Sachs technology conference in San Francisco yesterday. Milunovich notes that when Cook was asked about being up against "the law of large numbers" as far as growth, given Apple's size, "Cook said (1) Apple doesn't believe in the law as Jobs taught not to put limits on thinking (our sense is he thinks the smartphone market is not saturated), and (2) Apple focuses on the things that produce the numbers, most important making great products." Here’s the exchange yesterday between Goldman president Gary Cohn and Cook: Cohn: So, you just reported your strongest holiday quarter ever. Stock's up over 48% since the start of 2014, not including today's move. So far, Apple seems fairly undeterred by the law of large numbers. Cook: Maybe the most important answer to that, first, would be that we don't believe in such as laws as law of large numbers. This is sort of old dogma I think that was cooked up by somebody. And Steve did a lot of things for us for many years. But, one of the things he ingrained in us that putting limits on your thinking are never good. And so, we're actually not focused on the numbers. We're focused on the things that produce the numbers, right? And so, if you look at accomplishments over last year, we're a product company. And our most important thing is to make great products. And we feel great about how we did last year. We came out with iOS 8, was absolutely our largest release since the App Store was created. Overall, Milunovich is pleased with the nature of Cook’s responses: Cook seems able to separate the important from the unimportant or blocking out the noise, as he puts it. His focus is on people, strategy, and execution. Take care of those three and the rest takes care of itself. He also showed Apple's corporate conscience. The company has entered into an $850mn power purchase agreement with First Solar to buy electricity at below grid prices in California. He also said the company would not gather consumer behavior through Apple Pay. Protecting privacy might be a competitive advantage in trust though retailers want that data (and some consumers might want them to have it), which could limit merchant acceptance. www.barrons.com/articles/apple-ubs-heartened-that-cook-doesnt-believe-in-law-of-large-numbers-1423680344If you'd invested 1,000 in Apple Inc. (AAPL) on February 11, 2015, today the investment would be worth: 5,373.73 Annual rate of return: 29.85 Total increase: 437.37 Total profit: 4,373.73 stockchoker.com
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Post by aaplsauce on Jul 14, 2021 12:00:18 GMT -8
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macster
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Post by macster on Jul 14, 2021 12:10:59 GMT -8
Damn where’s Artman. MacArthur took a while to return but that was before the internet.🤑
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Post by artman1033 on Jul 14, 2021 12:51:49 GMT -8
AAPL ALL TIME HIGH!$149.57All Time Highest TODAY intraday 122,251,943
shares traded today
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Post by aaplcrazie on Jul 14, 2021 13:58:16 GMT -8
Or $1044.05 using Pre-Split Math 🎉 😂
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CdnPhoto
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Post by CdnPhoto on Jul 14, 2021 15:08:12 GMT -8
Or $1044.05 using Pre-Split Math 🎉 😂 I think you forgot the recent split. (And the older ones)
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crispin
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KBJ for the win. AAPL long and strong since 2000
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Post by crispin on Jul 14, 2021 15:26:13 GMT -8
It doesn’t bother me anymore when AAPL languishes for months (or longer), because I know times like these will eventually come again. Ignoring all the interim noise and angst is the best mental health exercise I’ve ever mastered. Of course we’re all human and deal with fear in different ways, but I sincerely hope those who’ve struggled with doubt have managed to persevere. Cheers to the longs, and here’s to more good stuff ahead.
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Post by nwjade on Jul 14, 2021 16:16:19 GMT -8
A lot of us have been holding aapl for a long time, myself it's been since 2006.
Just to put things in perspective:
Analyst Brian White back approx mid 2009 put a price target of $300 on aapl (a little later Jim Cramer followed suit also with a $300 target). $300 was the street high estimate by a long shot and I remember thinking how it seemed really high. Split adjusted $300 is $10.71 and at the time aapl was trading around $5 to $6 bucks split adjusted.
Here we are today at ~$150... WOW
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Post by aaplcrazie on Jul 14, 2021 18:54:54 GMT -8
Or $1044.05 using Pre-Split Math 🎉 😂 I think you forgot the recent split. (And the older ones) Oh Dang! Was using the 7 for 1 completely blanked out on the more recent 4 for 1 Apologies.
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Post by Luckychoices on Jul 14, 2021 19:23:48 GMT -8
I think you forgot the recent split. (And the older ones) Oh Dang! Was using the 7 for 1 completely blanked out on the more recent 4 for 1 Apologies. Completely understandable, aaplcrazie...7-1 was pretty damn exciting for AAPL investors. I missed out on the first two AAPL splits(06/16/87 & 06/21/00), but not the last three. Cheers to the AAPL Longs!! It was a very good day. 😎
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4aapl
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Post by 4aapl on Jul 15, 2021 7:34:47 GMT -8
A lot of us have been holding aapl for a long time, myself it's been since 2006. Just to put things in perspective: Analyst Brian White back approx mid 2009 put a price target of $300 on aapl (a little later Jim Cramer followed suit also with a $300 target). $300 was the street high estimate by a long shot and I remember thinking how it seemed really high. Split adjusted $300 is $10.71 and at the time aapl was trading around $5 to $6 bucks split adjusted. Here we are today at ~$150... WOW It is a wow moment. Apple is a whole different sized company these days. But from the analyst perspective, remember that their targets are normally 12 month targets. Looking at the historical data, that $10.71 equivalent that you gave wasn't hit until Oct 13th of 2010. So the 12 month target wasn't hit within 12 months of the middle of 2009. finance.yahoo.com/quote/AAPL/history?period1=1237075200&period2=1293753600&interval=1d&filter=history&frequency=1d&includeAdjustedClose=trueOf course that was the post-crash crazy times, so appreciation was a little quicker than the average. Not that it really matters. The bigger thing has been the stock going up more than 10x in the 11 years since, with a lot of that due to the iPhone taking off. While "only" a 27% annualized gain, over 11 years that brings $10.71 up to the current $148. Thanks Apple!
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