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

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Old 08-02-2018, 06:50 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #761 (permalink)
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AAPL - WOW - It's going NUTS!
Old 08-02-2018, 06:52 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #762 (permalink)
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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 ?
Old 08-02-2018, 08:05 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #763 (permalink)
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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.
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Old 08-02-2018, 08:22 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #764 (permalink)
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I love folks who are addicted to fresh apples....
Old 08-02-2018, 08:27 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #765 (permalink)
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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.
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Old 08-02-2018, 08:38 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #766 (permalink)
 
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Quote:
Originally Posted by hcoles View Post
...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 View Post
...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 View Post
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.
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Last edited by rcooled; 08-02-2018 at 09:03 AM..
Old 08-02-2018, 09:00 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #767 (permalink)
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Old 08-02-2018, 09:10 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #768 (permalink)
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Interesting to go back to 2012/2013 in this thread, when I started accumulating Apple.

AAPL: How high will it go?

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'!
Old 08-02-2018, 09:20 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #769 (permalink)
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I think Berkshire Hathaway is up around $1B in the stock.
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Old 08-02-2018, 10:54 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #770 (permalink)
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Originally Posted by Vintage Racer View Post
I think Berkshire Hathaway is up around $1B in the stock.
Try 2.6 Bil +
Old 08-02-2018, 10:58 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #771 (permalink)
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Quote:
Originally Posted by McLovin View Post
Interesting to go back to 2012/2013 in this thread
From Aug. 2012 ↓
Quote:
Originally Posted by motion View Post
I bought some when it was $580 a month or two ago
Looks like it'll close at a little over $200 today
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Old 08-02-2018, 11:00 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #772 (permalink)
 
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Quote:
Originally Posted by rcooled View Post
From Aug. 2012 ↓

Looks like it'll close at a little over $200 today
7-1 split in June 2014.
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Old 08-02-2018, 11:25 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #773 (permalink)
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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 .
Old 08-02-2018, 12:01 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #774 (permalink)
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Quote:
Originally Posted by KC911 View Post
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.

Last edited by McLovin; 08-02-2018 at 12:19 PM..
Old 08-02-2018, 12:16 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #775 (permalink)
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Funny. I just sent my wife an article on this. We sorta killed it. Makes up for my other goof picks.
Old 08-02-2018, 05:02 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #776 (permalink)
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I bought a little bit for my IRA back in the day.

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Old 08-02-2018, 05:13 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #777 (permalink)
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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
Old 08-02-2018, 05:20 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #778 (permalink)
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Old 08-29-2018, 02:00 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #779 (permalink)
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Old 09-04-2018, 06:52 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #780 (permalink)
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