Interesting to hear what your thoughts are on aaple stock at the current price, let's hear your thoughts as to buy or stay away at current price?
Samsung galaxy S3 best selling phone in the world.
AAPL historically performs better the 2nd half of the year, so this is strange indeed... however, the stock market is not happy about the re-election of Obama or the impending "fiscal cliff" so some of it could certainly be attributed to that.
I dumped a bunch at 670 which looking back was a very good decision indeed. Holiday sales numbers will surely push it back up so I'd buy in again before those get announced if I was going to.
Risk vs reward isn't good enough to risk capital IMO unless you A) have knowledge we do not and or B) you expect products to sell significantly better than the market is anticipating.
For a little background, I purchased AAPL with an average price of 92$ during the recession and sold out of my last tranche at 625$ (documented in the stock market thread with my decision process)
What's more likely, a 33% increase ($720) or 33% decrease ($360) from these levels? $360 sounds ridiculous but so does $720 in the current environment. You'd have to believe with near certainty $720 was more likely before risking capital (think 5 times+ more likely). I'd wait until you have a 2-3x upside (Betting $1300 AAPL soon?? Gulp!) so if all goes awry you can still potentially get a 50% return for taking significant risk.
the fact that you seem to have grown ambivalent to the stock,and don't follow it closely worries me.I agree with Saht ,it is in my long portfolio.they sold 9 million phones in a weekend......selling a good phone that people want downmarket is a great strategy.
Don't let your personal experiences cloud your judgement - they have nothing to do with AAPL's revenue or margins. Overall IOS7 has been a success. Mine was buggy at first as well but I quickly sorted it out. Everyone I speak with likes it, especially those with a 5 due to the added features for that unit.
If it matters...valuing an apple share with a bearish slant yields a value of 300-350$....
I personally think they still have a few years of potential growth. iWatch and actual AppleTV are still in the pipeline and can potentially be their next market disrupters. Of course that can go both ways and people might not go gaga over the new technology. It's funny how 'analysts' are disappointed with anything less than iPhone levels of disruption every year.
How long ago (or how recently) would one have to have had Apple stock to realize the 1:7 split?Will be interesting to see what this 1:7 split does ......