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3 shares of AAPL stock
- Thread starter bosox2009
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Week before last I made enough on paper to pay for my 3G 64GB. I'm hoping to see a split soon (maybe 3 to 1). I think this would help add momentum to the share price and maybe we could se a market capital above M$ before years end.
Also I would sell stock to buy a luxury item (even an iPad).
AAPL last split in 2005, but has only split 3 times in its lifespan...i.e., an AAPL split is very unusual.
I don't think there is a pressing reason for AAPL to split these days. Especially with Google at the price level it is....meaning, why would AAPL split if GOOG is priced higher with no talk of a split. (Essentially the main reason to split is to make the shares more affordable.) Also, with Google priced higher, it would seem that it might be a goal in some sort of way, to beat that price...as if to show that AAPL is a better stock. In the competitive mindset of Steve Jobs and Apple, I doubt they would split while Google's share price is higher.
There was a rumor last month of a 4-to-1 split, but no other info has come out that I can find FWIW.
Plus, a split really does nothing to share prices except to cut them exactly in half as the number of individual shares doubles. There is rarely no major momentum like you are thinking Julien.
I don't think there is a pressing reason for AAPL to split these days. Especially with Google at the price level it is....meaning, why would AAPL split if GOOG is priced higher with no talk of a split. (Essentially the main reason to split is to make the shares more affordable.) Also, with Google priced higher, it would seem that it might be a goal in some sort of way, to beat that price...as if to show that AAPL is a better stock. In the competitive mindset of Steve Jobs and Apple, I doubt they would split while Google's share price is higher.
There was a rumor last month of a 4-to-1 split, but no other info has come out that I can find FWIW.
Plus, a split really does nothing to share prices except to cut them exactly in half as the number of individual shares doubles. There is rarely no major momentum like you are thinking Julien.