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wordmunger

macrumors 603
Sep 3, 2003
5,124
3
North Carolina
So, Techenforcer, since there have been two 2-for-1 splits since then, you actually have at least 8,000 shares now, right? That's not bad, for a $30,000 investment!
 

suneohair

macrumors 68020
Aug 27, 2006
2,136
0
The market has been correcting for a few weeks now. Not a big deal. They will go up again when Leopard is here.
 

IJ Reilly

macrumors P6
Jul 16, 2002
17,909
1,496
Palookaville
Something like that. When I sell the FED takes like 40% though. :(

Really? Long term capital gains rates top out at 15%.

The market has been correcting for a few weeks now. Not a big deal. They will go up again when Leopard is here.

The market has been in virtual free-fall for most of the month. Where it stops, nobody knows, and when it goes back up again, even fewer know.

As for Leopard, OS releases make virtually no difference to Apple's bottom line. The big tell will be at the end of the 4th quarter when Apple reports iPhone sales.
 

WildCowboy

Administrator/Editor
Staff member
Jan 20, 2005
18,490
2,991
You still have to report it on your taxes as income for that year. They get you from all sides.

But the stock is capital gains, not income. It goes on a separate line and gets taxed at a maximum of 15%. There is no additional income tax on it.
 

diamond3

macrumors 6502a
Oct 6, 2005
883
375
Well, I had about 22 shares @ 113 that I had bought. So now i'm even. I was close to taking it all out at 145 but just couldn't do it. Now I'm debating on selling and using it to pay for school. But, i'll probably let it go and i'm sure it will come up. I just don't know how long it will take.
 

erandall38

macrumors 6502
Jun 24, 2007
463
1
51 shares at about $70
wish I would have bought more and the rest of u will wish u did too in about three year.
Steve jobs already officially announced there will be no more splits, so don't count on that. Personally I like this bc it will take some volitility out of the stock which is well needed. AAPL definitly has the potential to be another GOOG in the next couple years.

For those of u who are worried about the stock, remember why u bought it, remember what this company stands for,and remember why u like this company. Very quickly people are figuring all these same ideas out and this stock is bound to go green again.
With credit so bad right now the whole market is down, AAPL can not always stay green while everyone is red.... Keyword always.
for those of u worried about the stock don't watch until jan 08' u will be in for a big surprise.

and for those mentioning the iPhone please realize AAPL is not about the iPhone... It is about much much more which I think most of us here have experienced with this company.

Posted from my iPhone on a beautiful day at Huntington beach, not thinking about the market.
 

WildCowboy

Administrator/Editor
Staff member
Jan 20, 2005
18,490
2,991
I made a tidy bundle from late '04 to early '06...definitely got out at the top there. I missed the run up from the bottom after that, but I jumped in with a few shares a couple of weeks ago at $133. My position is only about an eighth of what it was the last time around, so I'm just playing around a bit this time. Should have waited a bit, but you never know for sure. I'll be patient...if I get a 2X out of it over the next year or so, I'll be happy. But if it goes nowhere, it's only a couple of thousand bucks just sitting there.

AAPL was the majority of my portfolio there for a while, but no longer...I just don't have quite as much confidence in its trajectory anymore. I think we could see a lot of horizontal movement going forward, with the overall market direction dictating things much more than anything specific to AAPL. But if it takes off, I've got my toe dipped in a bit.
 

knelto

macrumors regular
Jul 30, 2007
175
0
It may seem a bit late, but in light of the stock dropping is anyone considering selling some shares, watching the price drop more and buying back for more shares? I've been tossing around the idea of selling half of my shares and watching the drop carefully to buy back at the beginning of the comeback. The concept is simple: the more you sell and the further it drops, the more shares you can gain when buying back.

But the real question is, how much further is it going to drop and is it worth the risk?
 

kman34

macrumors member
Jun 28, 2007
96
0
AAPL is still a substantial part of my portfolio...I got in at $89 a share and have been buying on dips every since then.

I try not to get upset when the stock tumbles. I look at it as being on sale...picked up some more shares today @ 112...made some money on those shares already.

AAPL has plenty of cash and cash is King...companies that need to borrow to operate should be avoided at this point (that's just my opinion).
 

Eric Lewis

macrumors 68020
Feb 4, 2007
2,380
1
CANADA? eh?
well

my dad bought 10grand worth of Apple stock(whatever that is) when it was like 40bucks....and he was going to cash out when it was 140ish..but i said wait till october after leopard etc? was that the right decsion?
 

sbluetruck

macrumors regular
Jul 25, 2007
207
0
Wisconsin der hey
AAPL has been going down since execs dumped $30 mil before the august 7th presentation because they knew it would go back up with the iMac, iPod, Mac Pro and Leopard release.


sheesh, when Jobs gets paid $1 a year for a salary, but is given 10 million :apple: shares of stock, i think you've got to sell it SOMETIME in order to keep driving your liscence plate-less benz around cupertino ;)....


that guy is awsome. :D
 

IJ Reilly

macrumors P6
Jul 16, 2002
17,909
1,496
Palookaville
AAPL has been going down as the market overall has been gripped in what can only be called a panic. Look no further for reasons.
 

elcerrito494

macrumors member
Jul 2, 2006
45
0
Yeah this really sucks. I should have sold at $140 but I didn't. It will come back up. I bought 2,000 shares at $15 a share back in 1990s. Think of how much I lost today. :mad:


MAN you bought at a good price haha. Price one or two stock splits since then, so you really have 4000 or 8000 shares. Crazy. Lucky you! (Well, eventually anyways haha.)
 

seany916

macrumors 6502
Jun 26, 2006
470
0
Southern California
Now is the time to buy Ford.

I predicted Nissan about 5 years ago.

Ford in about 3-4 years will be fairly competitive.

Ford in 7-9 is going to shock the hell out of people.

Does not apply to GM based on current info.

No, I do not have insider knowledge. This is only speculation.
 

Macky-Mac

macrumors 68040
May 18, 2004
3,700
2,792
I saw in today's paper that Steve Jobs is exercising an option to buy 120,000 shares at $5.75 a share.....APPL sure has been good for him
 
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