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Post by phoebear611 on May 5, 2014 3:52:42 GMT -8
Good Morning and Happy Cinco De Mayo if you celebrate that holiday - or just feel like celebrating something on a Monday to brighten your day. While you were sleeping: Overseas markets are all mixed but mostly in the red as are US futures. Ukraine conflict still weighing down markets. Economic Calendar this week:Mon. 5/5: ISM Mfg. @ 10:00 am Tues. 5/6: March Trade Deficit @ 8:30 Weds. 5/7: Productivity and Unit Labor Costs @ 8:30 --- Janet Yellen Testimony @ 10:00 --- Consumer Credit @ 3:00 Thurs. 5/8: Jobless Claims @ 8:30 Fri. 5/9: Job Openings and Wholesale Inventories @ 10:00 News on AAPL (the small acquisition and the jury verdict pretty much dominate all news on AAPL this morning): Apple Acquires Micro-LED Display Maker LuxVue Technology: www.pcmag.com/article2/0,2817,2457537,00.asp also : www.cnet.com/news/apple-continues-stealthy-streak-of-acquisitions-with-micro-led-startup-luxvue/Samsung ordered to pay Apple $119.6m: www.bbc.com/news/world-us-canada-27265633also: www.macrumors.com/ Rod Hall @ JPM has one sentence on AAPL/Samsung verdict: Our View: The damage awards amounts reported are obviously insignificant for Apple earnings.AAPL in PM: -$2.44 on 7.7k shares (it's all about how you close ... just like the Kentucky Derby) Enjoy the day!
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Post by rob_london on May 5, 2014 4:32:00 GMT -8
Just a reminder that AAPL goes ex-dividend on 8th May. The payment date is 15th May.
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Post by lucy on May 5, 2014 4:35:01 GMT -8
This may have been discussed....why would Apple choose a 7 for 1 stock split against just a two for 1? Thanks in advance
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Post by ahmpower on May 5, 2014 4:51:54 GMT -8
Hi. IMO, it's designed to get back to 700 pre-split quickly, as people will find that it's "cheap" and can easily go to 100 (after split).
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Post by macglenn on May 5, 2014 5:23:06 GMT -8
I also think maybe the 7/1 helps AAPL's valuation get a fresh start. 2/1 or 10/1 splits enable investors to mentally do conversion math on the fly, thereby tying AAPL, to some extent, to it's pre-split price.
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Mav
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Post by Mav on May 5, 2014 6:37:15 GMT -8
Not bad so far. Anything can happen of course. Holding 595+ would be a good start.
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bud777
fire starter
Posts: 1,354
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Post by bud777 on May 5, 2014 8:06:20 GMT -8
This may have been discussed....why would Apple choose a 7 for 1 stock split against just a two for 1? Thanks in advance Only Apple really knows why, but the last two times they split they did a 2:1 split when the stock was approaching 200. There may be a reason to try to place the stock in the 75 -100 range.
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Deleted
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Post by Deleted on May 5, 2014 8:51:50 GMT -8
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Mav
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Post by Mav on May 5, 2014 8:54:47 GMT -8
Who in their right mind thinks Ive will design a standard smartphone that has a lens protrusion?
Nowhere else indeed.
I suppose Apple _could_ create a model supporting an add-on lens, but let's not pretend smartphones are replacements for DSLRs.
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Post by po1nt on May 5, 2014 9:08:52 GMT -8
Who in their right mind thinks Ive will design a standard smartphone that has a lens protrusion? Nowhere else indeed. I suppose Apple _could_ create a model supporting an add-on lens, but let's not pretend smartphones are replacements for DSLRs. I dunno the lens protrudes on the current iPod touch.. It "could" be like that to achieve the same thickness on the phone...
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Post by podboy on May 5, 2014 10:00:16 GMT -8
I remember watching the AAPL stock ticker 2 years ago waiting for it to break the 600 mark. Almost there. Lots of shorts with a 600 stop, should uptick after breaking it.
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Deleted
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Post by Deleted on May 5, 2014 10:01:06 GMT -8
I believe there's a growing recognition that Apple's iPhone 6 with a larger screen(s) will be the straw that breaks Samsung's back.
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Mav
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Post by Mav on May 5, 2014 10:05:00 GMT -8
Unibody bigger-screened, sapphire-packing smartphone justice, comin' right up
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icam
Member
Posts: 447
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Post by icam on May 5, 2014 10:19:58 GMT -8
Did Apple get any portion of the first Samsung patent lawsuit $ award? Or, is today's award the sum of it?
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JDSoCal
Member
Aspiring oligarch
Posts: 4,189
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Post by JDSoCal on May 5, 2014 11:12:55 GMT -8
This may have been discussed....why would Apple choose a 7 for 1 stock split against just a two for 1? Likely to get AAPL's price to 2 digits, so it looks "cheap" to Joe Sixpack and Melissa Lee. But they'd better hurry, or it still might be 3 figures, post-split.
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Post by Red Shirted Ensign on May 5, 2014 11:21:18 GMT -8
I'm keeping quiet......
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JDSoCal
Member
Aspiring oligarch
Posts: 4,189
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Post by JDSoCal on May 5, 2014 11:24:24 GMT -8
I knew it! Your thoughts jinxed 600!!!
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Deleted
Deleted Member
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Post by Deleted on May 5, 2014 11:57:06 GMT -8
Welcome back 600s! Now let's see 700 pronto
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Post by moltenfire on May 5, 2014 11:57:21 GMT -8
600!
Edit: a great close at $600.96 (almost 601)
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Post by macwire on May 5, 2014 12:01:22 GMT -8
6 MOTHER%%%iING HUNDO. I LOVE EVERYONE.
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Post by moltenfire on May 5, 2014 12:01:56 GMT -8
Hope all the clickbait articles that will appear tomorrow about breaking 600 helps the stock.
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Post by Red Shirted Ensign on May 5, 2014 12:01:56 GMT -8
I can talk again?
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Mav
Member
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Post by Mav on May 5, 2014 12:02:43 GMT -8
Prepare for glory x2
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Post by Red Shirted Ensign on May 5, 2014 12:06:14 GMT -8
X2 Like Mav said. ( Mercel posed for me on this)
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Post by po1nt on May 5, 2014 12:06:45 GMT -8
NOOOOOOOOOOOO!!!!! It worked! keep quite and maybe we'll see 700!
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JDSoCal
Member
Aspiring oligarch
Posts: 4,189
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Post by JDSoCal on May 5, 2014 12:07:20 GMT -8
No, you may only think good thoughts.
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Post by pauls on May 5, 2014 12:09:07 GMT -8
Congrats, longs. Been eyeing $600 for a loooong time.
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Post by terps530 on May 5, 2014 12:11:08 GMT -8
woo woo looking cute feeling cute what a fun close
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Post by lovemyipad on May 5, 2014 12:26:45 GMT -8
WWWWWWHHHHHHHHHEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
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Post by nagrani on May 5, 2014 12:40:00 GMT -8
600 baby baby
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