Who owns Apple stock? - DPChallenge Forums

03/01/2012 06:49:12 PM · #26

Originally posted by scalvert:

...if Google's most profitable product had only 20% market share in a category that grew 60% last year and still hadn't tapped some of the largest markets,...

I'm trying to figure this out. Is this the phone or the pad or something I'm not thinking of?

I answered my question. It's the phone.

Message edited by author 2012-03-01 19:01:27.

03/01/2012 08:17:43 PM · #27

I think they have 2-5 more years of growth before they level off, which is why I bought some stock a month ago (I'm already up 17%).

Their products are popular, and they have set up a system where, once you get in, you don't want to leave. They are constantly releasing upgrades to their products which sell like hotcakes, even if the upgrades are minor (they have a 6 month rotating schedule for iPhone an iPad releases). I believe they have a couple new products coming down the line (internet enabled TV's, and possibly a smaller version of the iPad).

They have yet to really penetrate the 2nd largest market in the world: China. If I recall correctly, there are 1 Billion cell phones in China, but only 10% of those are smart phones. Even if the iPhone is more expensive than it's competitors there, there is still plenty of room for growth. The iPad has yet to hit the market as well.

Companies and agencies which traditionally relied on BlackBerry devices (US Government & the ATF) have stated they are switching to iPhones.

The iPad3, which is expected to be announced next week, will have some major upgrades. They might also announce an upgraded Apple TV.

I'm sure there will be some corrections in the next little while, but my long term outlook on Apple is good.

Edit: To fix the China cell phone numbers.

Message edited by author 2012-03-05 08:00:41.

Nikon AF-S DX Zoom-Nikkor 18-55mm f/3.5-5.6 ED

03/06/2012 09:38:13 AM · #28

Sorry

Scarbrd, looks like I may have screwed up the stock for everyone with my skillz of buying at the peak.

"Apple joins only a handful of companies â�� Microsoft , Exxon Mobil Corp, Cisco, Intel and General Electric â�� that have crossed the $500-billion mark. None of those other stocks was able to sustain that value."

//www.theglobeandmail.com/globe-investor/investment-ideas/investors-roll-the-dice-as-apples-value-booms/article2359424/

Apple iPhone 5

03/06/2012 10:26:28 AM · #29

Come on Slippy, surely you should be advising us to invest our money in the only place worthwhile;

Gold. Gold. Gold.

And classic sports cars.

03/06/2012 10:36:42 AM · #30

Originally posted by JH:

Come on Slippy, surely you should be advising us to invest our money in the only place worthwhile;

Gold. Gold. Gold.

And classic sports cars.

Gold has dipped recently, so it's probably a good time to buy. (The market is angry this morning!)

Go ahead and buy your car already! :-D

Message edited by author 2012-03-06 10:39:29.

03/13/2012 03:25:02 PM · #31

03/13/2012 04:14:38 PM · #32

Originally posted by Strikeslip:

Sorry Scarbrd, looks like I may have screwed up the stock for everyone with my skillz of buying at the peak.

"Apple joins only a handful of companies â�� Microsoft , Exxon Mobil Corp, Cisco, Intel and General Electric â�� that have crossed the $500-billion mark. None of those other stocks was able to sustain that value."

//www.theglobeandmail.com/globe-investor/investment-ideas/investors-roll-the-dice-as-apples-value-booms/article2359424/

I think they've been reading my posts and wrote an article about it. I should sue for intellectual property infringement!

03/14/2012 06:17:28 PM · #33

AAPL moving up like a Boss today. Will it pass $600 soon? We shall see. Maybe I'll buy some more.

04/24/2012 10:12:52 AM · #34

:-/

04/24/2012 02:38:28 PM · #35

Originally posted by jeger:

:-/

Meh is right. I saw it go up to 640, then down to 570. It was going up, so I though 'dead-cat-bounce', and put in an order to sell 75% of my aapl at 595. It made it just past the 595 that day, and has been plunging ever since. At least I took a nice profit from the greater fools.

I'm not sure what to do with my remaining shares, but holding for now. Maybe sell enough to cover my cost and hold on to the remainder as 'free shares'.

Scapeshots

Canon EF 16-35mm f/2.8L USM II

04/24/2012 04:37:41 PM · #36

you might have sold too soon...they are going to be over 600 soon after the latest numbers....

scarbrd

Leica M10

Leica 35mm f/1.4 Summilux M Aspherical MF - Black

04/24/2012 04:38:32 PM · #37

Apple beat the street again. Most people thought they were going to disappoint this time. Apple did say that the next quarter may not be as good.

AAPL is up $30+ in after hours trading.

Message edited by author 2012-04-24 16:51:39.

scalvert

04/24/2012 04:50:15 PM · #38

Why is it still called an earnings "surprise" when Apple has done this 20 times out of the last 21 quarters? I bought more yesterday because the only surprise is that people still listen to these idiots no matter how many times they're proven wrong.

Scapeshots

Canon EF 16-35mm f/2.8L USM II

04/24/2012 04:52:44 PM · #39

Good move Shannon...congrats...i expect it to open north of 600 tomorrow...it's there right now..lol

scalvert

04/24/2012 05:33:42 PM · #40

I don't think it'll open that high. More likely in the $580-590 range, but we'll see. The bigger deal is that it silences negative rumors from people who really didn't have a clue. We'll get a nice pop in the morning, the usual round of target upgrades, and then resume the general trend upward. Within the next 6 months, Apple will probably release slim MacBooks, revamped iMacs and MacPros, the iPhone 5, a China Telecom deal (bigger than Verizon, AT&T and Sprint combined), a possible TV product and likely others we don't know about. It would be foolish to sell into that.

04/24/2012 05:41:28 PM · #41

Originally posted by scalvert:

...It would be foolish to sell into that.

Doh! Hey, I kept some. ;-P

scalvert

04/25/2012 09:42:17 AM · #42

Originally posted by scalvert:

I don't think it'll open that high. More likely in the $580-590 range, but we'll see.

Then again... :-)

Scapeshots

Canon EF 16-35mm f/2.8L USM II

04/25/2012 09:47:47 AM · #43

don't forget...all of those people who shorted it thinking that they would have bad numbers had to scramble to cover :P

Nikon AF-S Nikkor 70-200mm f/2.8G ED VR II

07/25/2012 04:54:39 PM · #44

Apple missed earnings this week. Is it good time to buy considering the upcoming product launches (iPhone5, and rumoured mini ipad and apple tv)?

IAmEliKatz

Nikon D5

07/25/2012 05:08:54 PM · #45

Originally posted by jeger:

Apple missed earnings this week. Is it good time to buy considering the upcoming product launches (iPhone5, and rumoured mini ipad and apple tv)?

I've been thinking about it. But not sure how the public is going to view the new rumored mini ipad as well as when the new iphone will launch.

11/08/2012 04:00:05 PM · #46

I've been watching AAPL ever since this conversation and I have to say it's been a fascinating roller coaster.

3/1 545
4/9 636
5/18 530
9/19 702
today 537

I'm getting whiplash! Did Slippy ever buy some of this?

11/08/2012 04:20:59 PM · #47

Originally posted by DrAchoo:

Yes it has. I made my 15% and got out a couple months ago.

The question is, is it a buy at this point in time? I'm on the fence.

11/08/2012 04:29:14 PM · #48

Originally posted by jeger:

Originally posted by DrAchoo:
I've been watching AAPL ever since this conversation and I have to say it's been a fascinating roller coaster.

3/1 545
4/9 636
5/18 530
9/19 702
today 537

I'm getting whiplash! Did Slippy ever buy some of this?

Yes it has. I made my 15% and got out a couple months ago.

The question is, is it a buy at this point in time? I'm on the fence.

I've been mulling that over as well. I guess I was negative before and have to ask what has really changed that would make me positive? The only thing in my book is we know that at some point people thought the stock was worth 700. There seems to be more turnover in leadership and fumbling with products than I think we have come to expect with AAPL and they "missed" on their last earnings (meaning they missed what the consensus was not what they, themselves, had predicted).

It takes guts to catch a falling knife.

11/08/2012 04:43:28 PM · #49

Originally posted by DrAchoo:

Originally posted by jeger:

Originally posted by DrAchoo:
I've been watching AAPL ever since this conversation and I have to say it's been a fascinating roller coaster.

3/1 545
4/9 636
5/18 530
9/19 702
today 537

I'm getting whiplash! Did Slippy ever buy some of this?

Yes it has. I made my 15% and got out a couple months ago.

The question is, is it a buy at this point in time? I'm on the fence.

I've been mulling that over as well. I guess I was negative before and have to ask what has really changed that would make me positive? The only thing in my book is we know that at some point people thought the stock was worth 700. There seems to be more turnover in leadership and fumbling with products than I think we have come to expect with AAPL and they "missed" on their last earnings (meaning they missed what the consensus was not what they, themselves, had predicted).

It takes guts to catch a falling knife.

There's a thin line between bravery and stupidity :)

I agree that Apple doesn't look very enticing at this point in time.

At any rate, my money is tied up in other stocks, so I won't be investing in AAPL any time soon.