I'm not so sure.

My sell order has been pegged at $165.- for months so I'm out. But I have a feeling that I might have left a large chunk of money on the table.

As I'm typing this on my I-Mac, taking calls on my I-Phone, and looking forward to watching Mad Men on my Apple TV tonight it seems pretty clear to me that Apple is the best game out there.

Please don't feel bad at $165... i was all smug when I bought mine at $85 and sold at 135 ! It reached $%$#% $170 !!! That said, it looks more and more like gambling to me... Part of me would sell it now if I still had any, yet part of me thinks their new tablet is going to rock and it'd be wise to hold onto it a little longer ! Who knows...

I bought Apple when we picked up my sons I-Mac last year...it was just better. I like better and invest accordingly.

We just got my Daughter a Macbook Pro for college...arrived in the mail ten minutes ago. "I think Steve has surpassed Bill" is an exact quote.

The "new" computing device is the iphone. The race for apps is owned by apple. Nobody else is even close.

Just wait till they start leveraging the iphone into the business market.

Very interesting. And, please, I am typing this from a PC, have no problems with a PC, but I have found my children make choices that make sense in investing.

I wish I had sold it and bought AIG about a month ago :)

Yes.

Also there is a huge demographic of boomers who are still on PC only because that is what they are required to use at work. When they retire, their first purchase is an Apple. Lots of research has been on this apparently.

No kidding! Did anyone here see this one coming?

Another great play would have been Marvel (Disney announced they're buying them today, their stock has jumped considerably). Would have made a great short-term play. This has been in the works for some time.

From: 11-22-08 Ford Motor Co. thread.

I have watched Competentone give very insightful financial advice here for many months. I have also seen many seem to dismiss it out of hand.

I admit, I am a gambler myself (I bought a little AIG at @2.20 share).

You couldn't run fast enough to GIVE me any of the current Big Three's stock.

If he and I are wrong ...well, I'm certain this thread will be resurrected at a later date and you gamblers will get in your last laughs.

Good luck to you.
__________________

AIG closed today at $45.33

;)

My wife told me to buy it right after the reverse split. I should have listened to her. It's more than doubled since then.

Apple has the majority share of computers sold for over $1,000. The last of my 'Blackberry holdout' friends got an iPhone a couple of days ago.

Last Fall, I told a friend who has been a recession hawk to buy AAPL at 88. Told her it was going to 120. She decided to argue with me instead for 5-6 email exchanges and I dropped it. She always has a spare $50K to throw at opportunities. I was unable to convince her to buy AAPL. Her loss. They are about to: introduce iPad, sell in China; drop an increasing number of exclusive carrier deals.

Oh, and something is happening 9/9/9: many think it will be the entire Beatles catalog going to iTunes.

I know this thread is about apple which in my humble opinion is a great company but over valued at the present time. For a simple exercise just look at the market cap of Apple vs other companies.

PLEASE PLEASE PLEASE don't get tempted by AIG. That company is 180 BILLION dollars in debt, and much of that is at decently high interest rates. The stock is in all likelihood going to ZERO. I have seen valuations that were absurd, apple for example, but AIG is the most ridiculous thing I have ever seen.

Remember the scene in tommy boy where Tommy say's,"I can poop in a box and put guaranteed on it." Yeah that sums up AIG.

Please note that I am not saying these stocks prices can't go higher, I'm just saying you are paying a lot for them today.

I totally agree on AIG. I won't buy it now, but I'm still salty about not buying it a month ago :)

I wanted to wait until the end of the year, but I'm so tempted to take profit on AAPL now. It hit my target weeks ago, but it seems like it still has a way to go with the new iPods, the huge cash stockpile, the tablet, the China news, etc..

Didi your daughter get her free Touch?

If not call them back.

Pending change in reporting rules will cause Apple earnings to report at +44% to what they are under current rules. There may be a 'sucker rally' on that information that would make a good exit point.

The friend I strongly urged to buy AAPL last Fall at $88 -- who told me I was crazy and didn't follow my advice -- is now not speaking to me.

Zombie stocks.

Stocks from companies no longer around e.g. GM and others.

However, they're still being traded. My "GM" stock recently doubled to $.80/share. Wow.

Sherwood

American ingenuity coupled with low cost manufacturing. Working in the freight industry, I see lots of Apple products coming in from China. And much like Walmart, they make it very difficult for the forwarders handling their freight to make money.

We deal with the Apple on-line + stores & the Apple resellers - two distinctly separate entities (although our distribution path to corporate also includes an Apple distributor since our business with on-line + stores is <$1M). The resellers have no love for the Apple corporate stores since they are direct competition. Margins are so slim I would actually call them commissions rather than margins.

Ian

Cramer was called out by Stewart on the Daily Show awhile ago. Goes to show you that stock market analysis is far from a science, especially on TV.

YouTube - Jon Stewart vs. Jim Cramer.(Full Episode of The Daily Show).
and
Video: CNBC Financial Advice | The Daily Show | Comedy Central

Good for Apple, Inc. - not the typical American corp.

Sherwood