AAPL: How high will it go?

[Vintage Racer]

Originally Posted by imcarthur

Thankfully, I don't have a lot riding on the correct answer.

The correct answer is picking 20 stocks that dominate their sector in soft drinks, toilet paper, software, networking/communication products, real estate, big oil, big pharma, chips, big retail, diversified machinery (think jet engines and big water pumps), and safe financials.

[imcarthur]

I already have them, VR. The Room Monkey has me in CAN banks (solid - not like your flaky US ones) & a telco as well as other sundry & boring dividend paying stocks on the TSX exchange up here in Canuckistan. All long term & all earning nicely. I also have cash & some metal. So yes, I am diverse & with retirement single digits away, I am somewhat conservative.

So my aapl (along with some mcd) is play money. It is more about the principle than the vast profit potential.

Ian

[Noah930]

Originally Posted by imcarthur

Everything I buy on my own with mad money, drops like a stone. My financial creds are crap.

The next time you buy something with your mad money, let us all know so we can sell/short it!

[McLovin]

At $650.

$700 here we come!

[motion]

I should sell, but I'm feeling greedy!

[widebody911]

Originally Posted by motion

i should sell, but i'm feeling greedy!

+1

[motion]

1:7 stock split on Monday. Any guesses on where the stock will end up at the end of the day? I'll say $100 if there's any kind of publicity about it over the weekend in the mass media.

[PushingMyLuck]

Originally Posted by motion

1:7 stock split on Monday. Any guesses on where the stock will end up at the end of the day? I'll say $100 if there's any kind of publicity about it over the weekend in the mass media.

You expect a 9% gain from a stock split? No.

[imcarthur]

It's safe again.

I decided NOT to be greedy. I made some money & bailed.

Ian

[enzo1]

Originally Posted by motion

1:7 stock split on Monday. Any guesses on where the stock will end up at the end of the day? I'll say $100 if there's any kind of publicity about it over the weekend in the mass media.

high of 95 today...

[techweenie]

Stock is up about 23% since the split announcement.

I'm happy.

[enzo1]

[motion]

Pure genius... very well done. Thanks for that.

[widebody911]

[slakjaw]

Man. Wish I could have got in on this.

[McLovin]

Originally Posted by slakjaw

Man. Wish I could have got in on this.

LOL, it hasn't always been easy, and it's taken a year and a half of patience.

Go back to here to revisit some of the darker days!

AAPL: How high will it go?

[enzo1]

According to a report from Korean-language UDN, non-Apple smartphone makers are facing a tough 3rd quarter and are being forced to adjust inventory in repsonse.
Supply chain sources told UDN that Samsung’s Galaxy S5 shipment target was reduced from from 21 million in the 2nd quarter to 15 million in the 3rd quarter while Galaxy S4 unites were also reduced from 6 million to 5 million units. As Samsung Galaxy series smartphones see lower sales, Samsung processor and panel supply chain’s performance will also be negatively affected.

Apple iPhone 6 is already affecting the 3rd quarter smartphone market, according to the UDN report, as industry sources believe that consumers are likely waiting for Apple to unveil their next-gen iPhone. This pause in the market is negatively affecting sales of Samsung’s Galaxy S4 and S5, causing Samsung to cut Galaxy Samsung S5 supply chain vendor orders by as much as 25%.
As Apple’s iPhone 6 freezes market, Samsung cuts Galaxy phone orders by as much as 25% – MacDailyNews - Welcome Home

[enzo1]

[techweenie]

Some optimism out there for AAPL crossing $100

Analysts Eyeing Record Highs for Apple's Stock Price, Rushing to Raise Price Targets - Mac Rumors

[enzo1]

Evercore raises Apple price target to $115, predicts sales of 58M iPhones in December quarter