AAPL: How high will it go?

[techweenie]

Traditionally, the developers conference has provided a bump. I think that won't happen this year. Having said that, AAPL is on sale at the moment. Good time to pick some (more) up.

[enzo1]

[MBAtarga]

So is that letter supposed to be to Jim Cramer?

[motion]

Originally Posted by MBAtarga

So is that letter supposed to be to Jim Cramer?

http://www.zerohedge.com/news/2015-08-24/did-tim-cook-violate-regulation-fair-disclosure-emailing-jim-cramer-save-aapl-stock-

[motion]

Originally Posted by motion

Did Tim Cook Violate Regulation "Fair Disclosure" By Emailing Jim Cramer To Save AAPL Stock This Morning | Zero Hedge

For some real quality entertainment, read the comments at the bottom of the page.

[LWJ]

Buy. It is on sale today.

[sugarwood]

AAPL now $95.
Right back to 2012 levels.

[biosurfer1]

Originally Posted by sugarwood

AAPL now $95.
Right back to 2012 levels.

and $40 above 2013 levels...whats your point?

[cabmandone]

Kind of interesting. I was reading about the drop in AAPL shares and thought of this thread. It's making me think of buying some shares.

[Vintage Racer]

Originally Posted by biosurfer1

and $40 above 2013 levels...whats your point?

It's also $38 below its high last summer. The point is not trying to catch a falling knife.

It's a hard ware company with one product.

[axl911]

Wow. I am surprised there are people still buying apple stock. What is the expectation on this one? I see it now as a Microsoft. No imagination or innovation. The iphone 5 & 6 were disappointments. The iwatch is also a disappointment in term of how long it took and how much it cost.

Innovation/growth was the driver for the sky high stock price. Now, aapl is just another company cranking out a commodity (a good one but still a commodity). Albeit, it sits on a pile of cash. It is still just a company that seemed to be on the downslide like Microsoft.

[trader220]

I dont call it the "downside" but I agree with your opinion. Its a commodity seller at this point. Low margins high volume. If you think you're going to see the price appreciation of the past decade my opinion is you wont. Look how the implied volatility in the options has contracted over the last 18 months.

[Jay Auskin]

Originally Posted by trader220

I dont call it the "downside" but I agree with your opinion. Its a commodity seller at this point. Low margins high volume. If you think you're going to see the price appreciation of the past decade my opinion is you wont. Look how the implied volatility in the options has contracted over the last 18 months.

Stock price aside, the iPhone is anything but a low margin commodity.

[motion]

Apple profit margins are 40-45%. That's insanely high.

I would agree that Apple has become a one trick pony, but there is still plenty of upside for the iPhone. I've personally bought 5-6 of them over the years. They are currently at 1 billion sold, so I see plenty of opportunity for them to double that figure.

They do need to come up with another game changer, for sure.

[enzo1]

on New Years day there was $1, 671.00 per second spent in the Apple App Store...

[trader220]

fair enough.... shrinking margins

[911pcars]

Originally Posted by axl911

Wow. I am surprised there are people still buying apple stock. What is the expectation on this one? I see it now as a Microsoft. No imagination or innovation. The iphone 5 & 6 were disappointments. The iwatch is also a disappointment in term of how long it took and how much it cost.

Innovation/growth was the driver for the sky high stock price. Now, aapl is just another company cranking out a commodity (a good one but still a commodity). Albeit, it sits on a pile of cash. It is still just a company that seemed to be on the downslide like Microsoft.

Maybe an optimistic (or pessimistic) status report. The comparison with Microsoft is interesting but a little premature. Will see what happens this year with Apple products.

Sherwood

[enzo1]

[BlueSkyJaunte]

So....

"No Brainer" - Carl Icahn Dumps Entire Stake Of AAPL | Zero Hedge

[911pcars]

Originally Posted by BlueSkyJaunte

So....

"No Brainer" - Carl Icahn Dumps Entire Stake Of AAPL | Zero Hedge

Could be a good time for Icahn to jump back in and pick up some stock at a discount..... or not.

Sherwood