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Is now the time to buy apple stock?

H

hevnsnt

Lifer
Each shareholder of record at the close of business on February 18, 2005 will receive one additional share for each outstanding share they hold. Trading of Apple stock will begin on a split-adjusted basis on February 28, 2005, according to the statement.
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I wish they would have done a 3-for-1 or a 4-for-1 but apple stock for "essentially" $43 doesnt sound to bad to me. I am a DEVOUT PC user.. But even I could not resist the draw of the mini.. I wonder with OSX in the hands of so many PC people, if apple will continue growing.. I also heard that they might be in talks with 2-3 other vendors for licensing their software out..
 
Too late indeed. You should've bought it when Jobs came back as the slave driver and introduced the iPod.
 
Originally posted by: hevnsnt
Originally posted by: Modeps
I think Apple will continue to rise and was thinking on picking some up after the split happened.
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That is what I was thinking... Any reason NOT to?
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Not that I can see, except that link I posted before. It wont effect price all that much at least not right away... if they lose it could make the stock go down.
 
And just as you load up on Apple stocks, Jobs gets a stroke, drops dead, Apple empire crumbles, stocks = $0.
 
Originally posted by: Baked
And just as you load up on Apple stocks, Jobs gets a stroke, drops dead, Apple empire crumbles, stocks = $0.
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I'm worried about Stern dropping dead more than Jobs dropping dead right now.
 
Originally posted by: hevnsnt
Originally posted by: Modeps
I think Apple will continue to rise and was thinking on picking some up after the split happened.
Click to expand...
That is what I was thinking... Any reason NOT to?
Click to expand...
Apple stock value is fragile -- right now they're riding high almost entirely on iPod + iTunes.

What happens when (not if) competitors offer hardware that's just as good, and other music stores finally "get it right"?

My guess: the stock value increase from slight gains in computer hardware sales will be swamped by decline in value as iPod sales drop much more than that.

VFINX or Syringers are less exciting with their plodding 8-10% / year gain, but a much safer bet.
 
Originally posted by: intogamer
too late shuffles and mac mini came out.
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Uhhh, you dont know much about how the market works. The stock changed a bit when the mini and shuffle came out but not much. The big changes will come when they announce earnings. New products are nice, but they hardly mean anything
 
Originally posted by: DaveSimmons
You're a year too late to buy Apple at a fair price. Buy some VFINX instead or some Syringers.
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spiders??

btw...

Now is a good time to buy Apple Pie...

...then again, when isn't it a good time to buy Apple Pie...
 
I think apple is a tough one. I lucked out and made $700 in one day when they announced earnings last month.

I have a hard time with their near 70 P/E while IBM, dell, and hpx are around 25

S&P rates it a hold with a 12 month price target of $80, Thompson Financial rates it a buy with a 12mo target of $85.

Something interesting in the thompson financial report. Earning surprises over the last 3 years.
Positive Quarters suprises >2% 11 times. Negative quarters <-2% only 1 time. Inline 0 times.

Other info. Price performance
1 week. 9.3%
1 month 25.9%
3 month 60.1%
1 year 284%

I don't see how it can keep going, but I could be totally wrong
 
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