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HOW LOW DOES APPLE STOCK GO...
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Nah mate, Apple will be dead in 2 years. Don't you read the comments here?
WOW...
Along with GE, SEARS. Apple is turning into a one trick pony.... Or maybe it has always been...
Based on? (If we are talking about stocks, things are down pretty much across the board, which has essentially nothing to do with Apple in some particular way one way or another.)
Well, there's two ways to look at things.
1) The bottom is falling out of the stock market - the end of the world is near. Sell everything at a loss and buy gold.
2) Stocks are on sale - Buy, buy, buy!
I've heard it said that you don't get hurt on a rollercoaster unless you try to get off in the middle of the ride!
1) The bottom is falling out of the stock market - the end of the world is near. Sell everything at a loss and buy gold.
2) Stocks are on sale - Buy, buy, buy!
I've heard it said that you don't get hurt on a rollercoaster unless you try to get off in the middle of the ride!
With their recent price increases Apple has more or less become a luxury brand, not a tech brand with a massive user base. They are losing market share (in relative numbers) to cheap Android phones, iPad sales have come down, Mac products (still required to code for the iOS platform) are more or less unaffordable for several billion people (especially the growth markets).
This greed will definitely not kill $AAPL, but it makes them more and more unattractive to investors and buyers.
I'm an IT professional, iPhone/MacBook Pro 15, iPad 12.9 (all latest gen.) user - bound to the Apple ecosystem for 10+ years, well-off, in some western european country, earning a lot more than I would need, but even I see $AAPL as totally out-of-sync (pricewise) with their potential user base. I thought twice before buying a new iPhone - couldn't my 7 Plus last a year more?
My 15" MBP was €4.000 (plus AppleCare) - which I would have never spent if I hadn't required it for my professional work.
As a niche/luxury brand imho the $AAPL stock has alot potential to move lower. I see Apple priced @ $80 in two years from now, if Cupertino does not launch a revolutionary new product (which I don't think they will).
This greed will definitely not kill $AAPL, but it makes them more and more unattractive to investors and buyers.
I'm an IT professional, iPhone/MacBook Pro 15, iPad 12.9 (all latest gen.) user - bound to the Apple ecosystem for 10+ years, well-off, in some western european country, earning a lot more than I would need, but even I see $AAPL as totally out-of-sync (pricewise) with their potential user base. I thought twice before buying a new iPhone - couldn't my 7 Plus last a year more?
My 15" MBP was €4.000 (plus AppleCare) - which I would have never spent if I hadn't required it for my professional work.
As a niche/luxury brand imho the $AAPL stock has alot potential to move lower. I see Apple priced @ $80 in two years from now, if Cupertino does not launch a revolutionary new product (which I don't think they will).
With a market cap around $680BN currently it's making it's own worth in a little over 2 years (revenue terms) plus almost 1/3 of that sat in the bank in net cash... suffice to say it's looking pretty undervalued already unless investors can see further sharp declines in iPhone sales no one else can yet
Today's (Thursday the 3rd) close at $142.19.
Does that count, or does "142" mean "141.something"?