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I bought Apple stocks so I can use gains to buy an M1 laptop

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senttoschool

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Original poster
Nov 2, 2017
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I was so impressed with the M1 and so excited for the future of Apple Silicon that I decided to buy up Apple stocks.

I'm sure that I will be buying many Apple Silicon Macs over the next 10 years. I will use any gains I get from Apple stocks to buy Macs. At the same time, I feel less guilty about spending money on so many Apple products because I own the stock.

I'm almost ready to use the gains to buy an M1 Air and will switch to a 16" Pro when it comes out.

Update March 30 2022:

1648608886691.png



Update Dec 7 20212:

1638888475008.png


Update: September 7th 2021. Now able to buy 6 M2X MBPs when they come out assuming price is around $2500 per.

1631032132013.png
 
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senttoschool

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Nov 2, 2017
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Buck987 said:
Do not forget to take into account taxes when you sell. You actually maybe a little further away than you think.
Click to expand...
When Wall Street catches up to how much Apple Silicon is going to destroy the PC industry and take massive market share, I'm going to be able to afford to buy many Macs.

In the near future, a cheap Macbook SE will be faster than any Windows laptop just like how a one-year old $400 iPhone SE is still faster than any new Android phone.

Apple is going to take 2/3rd of the laptop/desktop profits just like how they're taking 2/3rd of mobile profits.

This reminds me of Wall Street taking forever to realize that AMD's Zen2 processor was going to wreck the competition. AMD's stock price 5x'ed from the time Zen2 was announced at CES 2019 to now.

Wall Street tends to not recognize industry breakthroughs fast enough.

PS. I also own TSMC stocks just in case Intel decides to go fabless and drive TSMC wafer prices up for everyone, including Apple.
 
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macnmac

macnmac

macrumors 6502a
Jun 18, 2017
778
609
Apple Park
senttoschool said:
When Wall Street catches up to how much Apple Silicon is going to destroy the PC industry and take massive market share, I'm going to be able to afford to buy many Macs.

In the near future, a cheap Macbook SE will be faster than any Windows laptop just like how a one-year old $400 iPhone SE is still faster than any new Android phone.

Apple is going to take 2/3rd of the laptop/desktop profits just like how they're taking 2/3rd of mobile profits.

This reminds me of Wall Street taking forever to realize that AMD's Zen2 processor was going to wreck the competition. AMD's stock price 4x'ed from the time Zen2 reviews came out to now.

Wall Street tends to not recognize industry breakthroughs fast enough.

PS. I also own TSMC stocks just in case Intel decides to go fabless and drive TSMC wafer prices up for everyone, including Apple.
Click to expand...

good luck, shouldve dump those in to leaps instead
 
dmccloud

dmccloud

macrumors 68040
Sep 7, 2009
3,138
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Anchorage, AK
glenthompson said:
I bought some after Jobs died and the stock price was down. My best investment to date. Over 10x increase in value over 7 years.
Click to expand...

My uncle bought me 1000 shares way back when the stock was trading for ~$11 a share. Since then, there have been two 2:1 splits, one 7:1 split, and this year's 4:1 split. The irony is that my uncle hates Apple and was trying to teach me a lesson because he thought Apple would go under at the time. My plan is to hold those shares until I either retire or Apple gets sold to another company.
 
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deeddawg

macrumors G5
Jun 14, 2010
12,467
6,570
US
dmccloud said:
My uncle bought me 1000 shares way back when the stock was trading for ~$11 a share. Since then, there have been two 2:1 splits, one 7:1 split, and this year's 4:1 split. The irony is that my uncle hates Apple and was trying to teach me a lesson because he thought Apple would go under at the time. My plan is to hold those shares until I either retire or Apple gets sold to another company.
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:oops:

Dang, I'd be retired already if I were sitting on 112,000 shares of AAPL...
 
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MK500

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Aug 28, 2009
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senttoschool said:
I was so impressed with the M1 and so excited for the future of Apple Silicon that I decided to buy up Apple stocks.
Click to expand...
Yep. If you think about it; Apple has been focusing on different portions of their business sequentially. First it was iPhone. Then Watch/Accessories. Then Services. I have a feeling it's time for the Mac.

When Apple started really focusing on growing Services it was about the size the Mac business is now. Services are 3x bigger today.

Sometimes it's good to look at Apple's business divisions as separate companies. At around 130B valuation; I think the Mac business can grow a LOT. Especially if they are performance leaders across all segments and within 20% or so of competitors pricing. This is where I see the MacBook Air sitting right now; and I think it's likely we will see this spreading across all their product lines as the M chip transition progresses.

So, yeah, after using my M1 MacBook Air for a few days I bought a bunch of AAPL. So far my investment has grown almost exactly by the amount my MacBook cost.

Here is a breakdown of the approximate current valuation of Apple's various divisions:

Screen Shot 2020-12-17 at 10.39.11 AM.png
 
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jerryk

macrumors 604
Nov 3, 2011
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I would hold onto the stock instead of selling it to buy anything. If you sell you will miss future gains and cost you paid for the MacBook will continue to rise day after day, year after year.

FWIW, I still hold Apple and Microsoft shares I purchased back in the 90s and early 2000s. The few I have sold helped pay for my home near Silicon Valley.
 
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weckart

macrumors 603
Nov 7, 2004
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I think my uncles could have thought of a more cost efficient way of teaching me a lesson than blowing $11k on shares.
 
Erehy Dobon

Erehy Dobon

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Feb 16, 2018
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Buck987 said:
Do not forget to take into account taxes when you sell. You actually maybe a little further away than you think.
Click to expand...
Yes, short-term capital gain is taxed the same as ordinary income. For the average American, calculate 35%.

Long-term capital gain is taxed at a lower rate and the first bracket is tax-free. Consult the applicable tax agencies (IRS, FTB, etc.) or a reputable tax source (such as your personal tax advisor) for more details.
 
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senttoschool

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Nov 2, 2017
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Progress. Looks like I'm can buy a 16" M1X MBP when it comes out. I'm currently on the M1 Air.
progress.jpg
 
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pshufd

macrumors G4
Oct 24, 2013
10,145
14,572
New Hampshire
Wotcher said:
I take it that you will buy using equivalent cash amount, instead of selling shares to cover? As others have said, you'll pay capital gains tax--long term and/or short term, which typically are higher than sales tax. It will be much cheaper to use some cash equivalent rather than cashing out.
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Not everyone has to pay sales taxes.

This is why people come from other states to shop at the Apple Stores in NH - no sales taxes.
 
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Wotcher

macrumors member
May 3, 2005
42
25
pshufd said:
Not everyone has to pay sales taxes.

This is why people come from other states to shop at the Apple Stores in NH - no sales taxes.
Click to expand...

...which makes cashing out even more expensive!

I've bought ipads and macbooks from the Portland (Tigard) store--paid for the gas for my roundtrip from CA!
 
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