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-   -   AAPL: How high will it go? (http://forums.pelicanparts.com/off-topic-discussions/698286-aapl-how-high-will-go.html)

dtw 08-02-2018 06:50 AM

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

dennis in se pa 08-02-2018 06:52 AM

AAPL - WOW - It's going NUTS!

KFC911 08-02-2018 08:05 AM

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 ;)?

hcoles 08-02-2018 08:22 AM

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.

KFC911 08-02-2018 08:27 AM

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

GH85Carrera 08-02-2018 08:38 AM

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.

rcooled 08-02-2018 09:00 AM

Quote:

Originally Posted by hcoles (Post 10128626)
...the iphone could be classified as a drug IMHO.

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".

Quote:

Originally Posted by hcoles (Post 10128626)
...you can justify getting a newer/better version when they come out even if they are $1,000+ a pop.

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


Quote:

Originally Posted by GH85Carrera (Post 10128646)
It is just amazing that Apple was just a few days away from running out of cash and on the verge of going bankrupt.

Gotta be one of the greatest turnarounds in corporate history.

McLovin 08-02-2018 09:10 AM

SmileWavy

McLovin 08-02-2018 09:20 AM

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'!

Vintage Racer 08-02-2018 10:54 AM

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

widgeon13 08-02-2018 10:58 AM

Quote:

Originally Posted by Vintage Racer (Post 10128843)
I think Berkshire Hathaway is up around $1B in the stock.

Try 2.6 Bil +

rcooled 08-02-2018 11:00 AM

Quote:

Originally Posted by McLovin (Post 10128706)
Interesting to go back to 2012/2013 in this thread

From Aug. 2012 ↓
Quote:

Originally Posted by motion (Post 6932644)
I bought some when it was $580 a month or two ago

Looks like it'll close at a little over $200 today :(

Don Plumley 08-02-2018 11:25 AM

Quote:

Originally Posted by rcooled (Post 10128852)
From Aug. 2012 ↓

Looks like it'll close at a little over $200 today :(

7-1 split in June 2014.

KFC911 08-02-2018 12:01 PM

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 :).

McLovin 08-02-2018 12:16 PM

Quote:

Originally Posted by KC911 (Post 10128932)
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.

LWJ 08-02-2018 05:02 PM

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

widebody911 08-02-2018 05:13 PM

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

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

KFC911 08-02-2018 05:20 PM

Quote:

Originally Posted by widebody911 (Post 10129242)
I bought a little bit for my IRA back in the day.

....

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

widebody911 08-29-2018 02:00 PM

223

island911 09-04-2018 06:52 PM

http://forums.pelicanparts.com/uploa...1536114568.jpg


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