As expected, first company to reach USD 1T market cap after another incredible quarter.

AAPL - WOW - It's going NUTS!

Mostly on the sidelines with equities now, but still have a small position. I remembered this thread yesterday....way back I predicted RIMM would double before AAPL did....200 finally did it :).

AAPL always goes up, up up!

...or was that real estate ;)?

maybe OT - the iphone could be classified as a drug IMHO.
If you use something 3 to 8 hours a day you can justify getting a newer/better version when they come out even if they are $1,000+ a pop. I don't see any signs people are using their phones less.

I love folks who are addicted to fresh apples....

It is just amazing that Apple was just a few days away from running out of cash and on the verge of going bankrupt. Steve Jobs went to Bill Gates and talked Bill Gates into investing in Apple. That was when Steve Jobs came back to Apple and brought them back from the edge of oblivion.

I wonder how much of Apple Bill still owns.

It was for sure a wise investment.

Yeah...pretty close. I wonder what an alien civilization observing us from afar would make of everyone constantly staring these little devices? We have truly become the "People of the Screen".

And be willing to sleep outside in front of the store for a few days to be among the first to have one.


Gotta be one of the greatest turnarounds in corporate history.

SmileWavy

Interesting to go back to 2012/2013 in this thread, when I started accumulating Apple.

http://forums.pelicanparts.com/off-topic-discussions/698286-aapl-how-high-will-go-9.html

It seems easy now, but it was a rough ride! The stock went up and down, and it's interesting to read the early threads where I talked about how tempted I was to sell.

As it stands, since 2012 I've never sold a single share of Apple, and in fact have done nothing but buy more. Six years since this thread started!

Keep on truckin'!

I think Berkshire Hathaway is up around $1B in the stock.

Try 2.6 Bil +

From Aug. 2012 ↓
Looks like it'll close at a little over $200 today :(

7-1 split in June 2014.

This whole thread has been an epic hoot. Wish some fellows in the middle pages would check back in...the gloomy doomys ;)

Good for you for stickin' it out McL...
I've just changed my overall strategy lately with equities and reduced my positions across the board....it's been a helluva ten year bull run.

I'm not an Apple fan...but I've been in & out of the stock for decades...no complaints whatsoever :).

It wasn't easy to stick it out during the darker days, but at some point a few years back I fully committed to staying forever, and just stopped checking the stock price. I haven't seen it in months, I thought it was around $150. Most of the time when I see the price, it's from seeing it in this thread when it's bumped!

I came to the conclusion back then that Apple is going to remain the most transformative and important company of our generation. They do continue to innovate, but in addition, their brand value simply cannot be touched, and that cuts through to all generations of people young and old (but esp. young). They attract the best and the brightest new talent, and I don't think that will ever change. Like every company, there will be ups and downs, but I think 20 years from now they will still be on top.

I also heard a while back that Warren Buffett has never sold a share of Apple, he just buys and holds.

Funny. I just sent my wife an article on this. We sorta killed it. Makes up for my other goof picks.

I bought a little bit for my IRA back in the day.

http://forums.pelicanparts.com/uploa...1533258736.png

I've always prefered industry leaders like Lucent, Palm, and Enron....I can retire in just 137 more years ;)

223

I sold my last apple today....

Pot: How high will it go?

:)

Now that you've sold, I'm guessing up a couple hundred percent?😁

I like Apple stock at these prices. I think the large cap growth stocks with much higher P/E ratios may go lower in stock price.

My short-term prediction is a good year for stocks in 2018 and 2019.

My long term prediction is stocks are always the place to be.

I did it all for you guys :). I doubt I ever get back into AAPL...but who knows? I've basically gotten out of equities except for a relatively small %....just not where I want to be anymore... for lots of reasons. Soooo....looong AAPL....but I did plant some more apple (trees) today...no complaints either way. This has been a fun, interesting, and long thread....thanks all!

It is never too late to establish an equity stock position. I think stocks will do much better than cash (or bonds) over the next five and ten years.

I agree for the long run....but I'm still gonna be "out"...for the most part...never to return ;).

Short term....who knows? Not I....

If you have firm opinions on the crash of equities, I would suggest that you buy put options on the stock or the stock sector.

This will multiple your opinion. You will be very rich if you are correct.

Being very rich would not change my life one bit. One great aspect of that is... I sure don't have to worry about it happening either ;). I'll leave that for you guys....

Anybody hanging on to their Apple stock for the long term? Disappointing third quarter results but I think for the long term I am hanging on to them. Your comments?:)

Why sell it now?

I'm holding. Wish they would give a better dividend since they just sit on pile of money, but other than that I've seen no reason to think they can't weather a little turbulence.

The bigger dividend is the fact they're committed to buying back billions in shares.

Market Cap 845.203B

Looks like this thread has finally been answered.

$232.

That's how high it went.

A whole buncha defined benefit retirement plans are DEEP into Apple so there’s allot of retirees schitting bricks about now if Apple tanks really bad and stays down.

^ No one is schitting bricks when their position has doubled in the last 2 years.
Anyone with AAPL is sitting on a pile of profits.

SmileWavy

I held on to my apples as they dropped 50% in value a decade or so ago...they recovered too ;).

Glad I'm out for this correction though...it's not over in the short term....all 5 of the heavyweights imo.

I liked pot better :)

F Apple.
God damned crooks.

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