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Apple endeavours

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Clitheroekid
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Re: Apple endeavours

#156603

Postby Clitheroekid » August 1st, 2018, 4:51 pm

So it finally broke the $200 mark for the first time earlier today - https://seekingalpha.com/symbol/AAPL - three cheers! :D

The price at which it becomes a $1,000,000,000,000 company is presently just $203.45, but I understand they're likely to announce a large buyback on Wednesday, which will shift the goalposts.

But I've no doubt it will happen in the not too distant future - I just hope it gets there before Amazon!

I wonder how Ronald Wayne will feel at having sold his 10% for $800? It makes the decision of Decca to turn down The Beatles look like a minor error of judgment! Though to his great credit he always seemed to take a very philosophical view of it.

https://i2.cdn.turner.com/money/dam/ass ... 80x439.jpg

Itsallaguess
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Re: Apple endeavours

#156620

Postby Itsallaguess » August 1st, 2018, 6:26 pm

Clitheroekid wrote:
So it finally broke the $200 mark for the first time earlier today - https://seekingalpha.com/symbol/AAPL


I was listening to Radio 5 (Wake up to money) this morning, where they were discussing Apple being worth 6% of US GDP, and that was before the market opened today.

They also discussed the fact that if we then also included Amazon, Netflix, Alphabet, and Facebook, the market caps all added up to around 20% of US GDP...

Does that feel justified for these sorts of tech-companies? Those US GDP comparisons are huge, aren't they?

It feels to me that Apple, Amazon and Alphabet might be in a much stronger position to justify their high ratings, but things like Netflix and Facebook feel a great deal more 'fleeting' to me, but I'll admit to staying largely away from this area of the direct markets, and only have exposure to it in a wider sense through a few IT's..

Cheers,

Itsallaguess

Clitheroekid
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Re: Apple endeavours

#156811

Postby Clitheroekid » August 2nd, 2018, 5:54 pm

Success! https://seekingalpha.com/news/3377705-s ... email_link :D

The problem now is whether or not to cash in for a very handsome profit or to stay with them.

It seems inherently unlikely that such a huge company can carry on growing at such a rate - but they keep proving the critics wrong.

odysseus2000
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Re: Apple endeavours

#158367

Postby odysseus2000 » August 9th, 2018, 9:13 pm

Clitheroekid
The problem now is whether or not to cash in for a very handsome profit or to stay with them.

It seems inherently unlikely that such a huge company can carry on growing at such a rate - but they keep proving the critics wrong.


You can have a foot in both camps by selling some and keeping the rest.

But it is a hard decision.

Jim Cramer has long advised: Hold Apple, don't trade it. So far this has been great advice, but no one knows the future.

Regards,


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