Took a gamble and waited for the dip. Gonna buy a couple hundred and call it a day.
party's over -- everyone go home!
How low should I let it drop before buying?
**** it. Got in at 497.70 per share.
I think it will drop another $20 - going to wait a few days for the previous hype to wear off.
you mean it's not going up in a straight line forever??? 360 when jobs died. 492 today. $98 billion in cash. 0 debt. most innovative company on the planet. and it's down???? after three straight months going up? WTF!!! this company blows!
No matter what, March 7th makes it bounce back.
i would "hate" apple to go back to 87 today. i would "laugh and giggle" at it like i did three years ago.
I just feel that AAPL's peaking. I know it has been said before many times, but their flagship product (the iPhone) enjoyed large margins this past quarter because of the barely evolutionary changes made in the 4S. They can't pull another half-assed move like that again this year. Changes they do make can't impact their margin too much, as raising the price of the phone will be difficult; most carriers are taking a bit margin hit on it already and will be very reluctant to accept any price increases that aren't passed directly to the consumer with either a higher 2 year contract price or a more expensive iPhone plan.
The iPad is still growing, however Android is catching up to it. The big question is what will happen with AppleTV - I think it could be a hit, but it will take some time to gain market share considering the longer lifespan of TVs vs computers and phones.
Back up over $500.
I still can't "get over" how funny the Ap dip was when it went from 120 to 108. It was the funniest day "ever."
Only up 2.94 so far. They're going out of business. D:
ap at 480 last week was "funny"
ha ha ha!! Look, it's down!! ha ha ha 87 to 480 -- ha ha ha
From today's NYT article on Apple's growth and questions about the future:
"If Apple’s share price grew even 20 percent a year for the next decade, which is far below its current blistering pace, its $500 billion market capitalization would be more than $3 trillion by 2022. That is bigger than the 2011 gross domestic product of France or Brazil.
Put another way, to increase its revenue by 20 percent, Apple has to generate additional sales of more than $9 billion in its next fourth quarter. A company with only $1 billion in sales has to come up with just another $200 million."
"True freedom means being conscious and aware enough to choose what you pay attention to and to choose how you construct meaning from experience.” ~David Foster Wallace