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FarSide

macrumors member
Original poster
Feb 16, 2006
59
0
What you guys think of AAPL.

It lost about 17% this year. 12.01.06 it was at 86.4 USD. Since this week they dropped below 60 USD... It falls & falls & falls

I doubt that Apple will increase its iPods sells massiv - iPod Hi-Fi ... MacBook delivery ... Intel switch... universal binaries...??? I know that it's normal that the share drops - but how long and when will the turnaround come - indicated by what, etc ??

Some Analyst keep AAPL hold - others buy - some rate it as outperform. I wonder what facts they got - there is no guarantee what on 1st April will happen - same for AAPL on 1st April...

Please enlight me with your thoughts.
 
I would not worry too much about it. Right now they are at the same place as they were in Nov. last year right about when the stock would have shot up with predicted christmas sales and the new introduction of gadgets at macworld SF. Apple Stock is funny that way because even though they are supposed to represent what they company will be worth in the near future, often apple swings wildly as predictions of the "next" thing are made. I think that apple with rise and fall but in the long run I think that it will go up more than down ;)
 
do you have money in aapl? if not it doesn't really matter. their forward p/e is much lower than their current p/e, and everything they sell is selling like hotcakes. personally, i stay away from anything tech because it's too volatile.
 
Well were back up 6% for today. Roughly $65 a share currently, hopefully the gains hold.

I am holding long on my Apple position. Very long if necessary. I treat my Apple investment as if it were risk capital so I can be patient. I do have faith for later this year that AAPL won't drop much lower than about $60 and am confident that it could reach as much as $90 a share before meeting resistance.

If you own AAPL I would hold less something catastrophic happens. If you don't own AAPL I would buy now.
 
Little Endian said:
... that it could reach as much as $90 a share before meeting resistance.

I own 150 shares of AAPL. Unfortunately I bought it a little to high so I'm still in the red, but this increase is hopeful. It toped out at $84 after MWSF, so under what circumstances are you thinking it could reach $90?
 
I bought at $39, sold half of it at ~$70, and am holding the other half. I'd be very surprised to see it go anywhere near $90 anytime in the foreseeable future.
 
DO NOT SELL!!!! just released today is "boot camp" which will allow apple supported dual booting, so now PC users on the edge will prolly take the plunge since they can boot xp and os x. not to mention students who need microsoft for school. sales are going to skyrocket!!!!:)
 
lonelemur90 said:
DO NOT SELL!!!! just released today is "boot camp" which will allow apple supported dual booting, so now PC users on the edge will prolly take the plunge since they can boot xp and os x. not to mention students who need microsoft for school. sales are going to skyrocket!!!!:)

if that's the case, it's better to buy intel
 
ieani said:
Im 19 I dont have one.
Then sign up with one...here's some discussion of them. I've been with Ameritrade for about eight years, and while they don't get the highest ratings these days, I've been very happy with their offerings. I don't need anything complicated...just trading some individual stocks here and there...usually 2-5 trades per year.
 
ieani said:
Im 19 I dont have one.

That brings up another good question.

How much should people our age invest in the stock market?

What's the minimum number of shares you need?
 
dferrara said:
That brings up another good question.

How much should people our age invest in the stock market?

What's the minimum number of shares you need?

It's not really about shares...it's dollar amounts. You really need to be investing at least $1000 in a stock if you're looking at short-term investments (less than a 3-5 years, I'd say). Anything less than that and the commissions you pay to buy and sell the stock really eat into your profits unless the stock goes through the roof.

As an example, say you want to buy three shares of AAPL. Right now, that'll cost you about $200. But if your broker charges you $10 commission, that adds another $20 to your cost basis. So the stock has to go up 10% before you even start making money.
 
With today's gain, I'm only $0.11 away from breaking even. What Apple needs to do now is release those intel iBooks or the Video iPod and Apple's stock will just keep going up.

How much higher can Boot Camp take it?
 
dferrara said:
That brings up another good question.

How much should people our age invest in the stock market?

What's the minimum number of shares you need?


People your age often can handle the biggest risk- unless you're gonna pay for college or something.

The effect of owning many shares can be easily demonstrated: assume commission is $10. Buying one share of a $100 stock would require it to go up $10 to $110 before you would start making profit. If you own two shares, it only has to go up $5. If you buy three shares, it only has to go up $3.33. And so on... So it really benefits you to be able to put a lot in...it would say $2000 would be a good number...nothing below $850.

BTW, when AAPL goes up, I take profits, am able to buy a new Macbook, and therefore AAPL goes up even more...it's a wonderfully vicious circle.
 
n-abounds said:
BTW, when AAPL goes up, I take profits, am able to buy a new Macbook, and therefore AAPL goes up even more...it's a wonderfully vicious circle.

When AAPL goes down, do you have to return said MacBook, thus starting a not-so-wonderfully vicious circle?
 
buffalo said:
No, because he's taken the profit's and ran.
:D

But if he's taken the profits, then he's not in AAPL anymore, and so his vicious circle becomes more of a tame line. :D
 
WildCowboy said:
But if he's taken the profits, then he's not in AAPL anymore, and so his vicious circle becomes more of a tame line. :D

I wouldn't sell all of it, just enough so that I was down in value to what i was before the stock price went up. And if it's a vicious circle, it would never reverse. Of course, it's not a vicious circle, but I wish...
 
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