Why do you own Apple stock?

[caliminius]

I've noted that there seems to be a large percentage of people on this site who own Apple stock?

I have what what should be a simple question: Why?

I can only come up with two possible scenarios:
1) The stock is part of well-thought-out investment portfolio and you own a range of stock from various companies that just happens to include Apple. Or along the same lines it seemed like a good investment opportunity.
2) You purchased it based on some fanboy need to support Apple.

I'm sorry if that seems insulting, but I'm hoping that reason #1 is the primary (and maybe even only) reason that people own Apple stock. It's the only one that makes any logical sense.

So which is it?

[Ireland]

I don't. Quit asking me. ;)

[SpamSandwich]

I don't. Quit asking me. ;)

:lol: :lol: :lol:

[NOFEER]

i've owned macs since macplus (bought before public offering through my univ)
i believe in the products
more will also
i had apple stock when it was 11. my investment firm sold it because it didn't fit into their "tech understanding) lost out on the huge growth and split,--i should have held it and said i'm keeping it for "nostalgic" reasons

went to 117 and i bought a replacement "load" to get back at the level i had.
i've done well, don't you think?

like any stock, it has good fundamentals, and a growing brand.....seems to be a market leader in many areas
has grown better than MS, well thats GOOOOOOOOOD

oh yea......IT'S NOT MS, OR WINBLOWZ

[SpamSandwich]

I've noted that there seems to be a large percentage of people on this site who own Apple stock?

I have what what should be a simple question: Why?

I can only come up with two possible scenarios:
1) The stock is part of well-thought-out investment portfolio and you own a range of stock from various companies that just happens to include Apple. Or along the same lines it seemed like a good investment opportunity.
2) You purchased it based on some fanboy need to support Apple.

I'm sorry if that seems insulting, but I'm hoping that reason #1 is the primary (and maybe even only) reason that people own Apple stock. It's the only one that makes any logical sense.

So which is it?

The real question is... why don't YOU own AAPL?

Warren Buffet suggests that you should buy stock of companies whose products you use the most, or whose products you understand. For some this means Colgate-Palmolive Company if they use Colgate toothpaste. For others this means Boeing if they work in the aerospace business. As for myself, AAPL is a large part of my portfolio, although it started out very small years ago. I love the fact that Jobs came back to Apple and brought the company back from the doldrums it was in. But why did I originally buy it? I guess because I used the "product" and liked it.

[monstrosity]

I've noted that there seems to be a large percentage of people on this site who own Apple stock?

I have what what should be a simple question: Why?

I can only come up with two possible scenarios:
1) The stock is part of well-thought-out investment portfolio and you own a range of stock from various companies that just happens to include Apple. Or along the same lines it seemed like a good investment opportunity.
2) You purchased it based on some fanboy need to support Apple.

I'm sorry if that seems insulting, but I'm hoping that reason #1 is the primary (and maybe even only) reason that people own Apple stock. It's the only one that makes any logical sense.

So which is it?

I bought AAPL stock so I could lose money.
I just cant spend it quick enough, so I deliberately bought into a company which has terrible future prospects.
If I were steve jobs I'd shut Apple down and give the money back to the shareholders.

[iJasonY]

I bought Apple stock the day they announced the switch to Intel Processors back in June of 2005. I knew very little about Mac's at the time other than I couldn't stand Mac snobs. Now that I am pretty much a Mac evangelist, I understand the snobbery but I don't convey that attitude towards others. I think the stock was around $53/share back then. I would say that my 300%+ return on investment has been quite nice over a 3-year period.

http://iJasonY.com

[aplnub]

To make money.

[Phlake]

I bought Apple stock the day they announced the switch to Intel Processors back in June of 2005. I knew very little about Mac's at the time other than I couldn't stand Mac snobs. Now that I am pretty much a Mac evangelist, I understand the snobbery but I don't convey that attitude towards others. I think the stock was around $53/share back then. I would say that my 300%+ return on investment has been quite nice over a 3-year period.

http://iJasonY.com
As I recall, the stock closed at $80.86 the day Intel processors were announced.

[Marvin]

I would say that my 300%+ return on investment has been quite nice over a 3-year period.

This is what I don't get about the stock market. How much money do you really stand to make unless you invest seriously large amounts of money? If you invest £1000 and the stock goes up 300% then you make £2000 profit.

Over a number of years, that's pretty low considering you could be guaranteed that amount by having a job that paid you just £1000 more a year.

It's also even lower considering that stock values don't seem to change much on established companies. Apple's stock a while back went up to the 300 region but now it's back at 180 or so, which is where it was for ages.

This means that you have £1000 tied up in stock that just does nothing for you.

The only way to really make good money is by investing heavily in startup companies that you have an idea might become big but the risks are very high.

Is anyone willing to say how much profit they have generated from investing in the stock market and weighing up the time, risk etc was it worth it to do it?

[Kickaha]

Yes but if you bought in the single digits, the return is quite nice.

*cough*

C'mon AAPL, hit $250, I need a house down payment! :D

[BRussell]

This is what I don't get about the stock market. How much money do you really stand to make unless you invest seriously large amounts of money? If you invest £1000 and the stock goes up 300% then you make £2000 profit.

Over a number of years, that's pretty low considering you could be guaranteed that amount by having a job that paid you just £1000 more a year.

It's also even lower considering that stock values don't seem to change much on established companies. Apple's stock a while back went up to the 300 region but now it's back at 180 or so, which is where it was for ages.

This means that you have £1000 tied up in stock that just does nothing for you.

The only way to really make good money is by investing heavily in startup companies that you have an idea might become big but the risks are very high.

Is anyone willing to say how much profit they have generated from investing in the stock market and weighing up the time, risk etc was it worth it to do it? Most normal people don't invest in the stock market to replace a job, unless, as you say, they're already rich like a Warren Buffet. Most people use it as a tool to build savings for retirement or for a house down payment or the like. If you compare it to savings accounts, the rate of return is much higher.

[BRussell]

The real question is... why don't YOU own AAPL?

Warren Buffet suggests that you should buy stock of companies whose products you use the most, or whose products you understand. For some this means Colgate-Palmolive Company if they use Colgate toothpaste. For others this means Boeing if they work in the aerospace business. As for myself, AAPL is a large part of my portfolio, although it started out very small years ago. I love the fact that Jobs came back to Apple and brought the company back from the doldrums it was in. But why did I originally buy it? I guess because I used the "product" and liked it.

That's what I was thinking.

On the other hand, I personally take a totally hands-off approach to investing. It's all index funds for me.

[Splinemodel]

Yes but if you bought in the single digits, the return is quite nice.

*cough*

C'mon AAPL, hit $250, I need a house down payment! :D

Heh heh. I bought at an adjusted share price of $7.10 in Jan 2001. Then I bought a Powerbook, you know, because I was a shareholder and had to support the guys. I remember than it shipped with OS 9, which just didn't suit the future-cool of the TiBook. OS X came out a month or two later.

So ... come on Apple, hit $250, I need a house down payment in the Bay Area. :D

[SpamSandwich]

Heh heh. I bought at an adjusted share price of $7.10 in Jan 2001. Then I bought a Powerbook, you know, because I was a shareholder and had to support the guys. I remember than it shipped with OS 9, which just didn't suit the future-cool of the TiBook. OS X came out a month or two later.

So ... come on Apple, hit $250, I need a house down payment in the Bay Area. :D

Now I'm curious... how many shares were you wise enough to buy at $7.10? Hopefully more than a thousand. ;)

[Splinemodel]

Now I'm curious... how many shares were you wise enough to buy at $7.10? Hopefully more than a thousand. ;)

Let's just say that I didn't buy a car: I bought stock and a powerbook instead.

[monstrosity]

This is what I don't get about the stock market. How much money do you really stand to make unless you invest seriously large amounts of money? If you invest £1000 and the stock goes up 300% then you make £2000 profit.

Over a number of years, that's pretty low considering you could be guaranteed that amount by having a job that paid you just £1000 more a year.

It's also even lower considering that stock values don't seem to change much on established companies. Apple's stock a while back went up to the 300 region but now it's back at 180 or so, which is where it was for ages.

This means that you have £1000 tied up in stock that just does nothing for you.

The only way to really make good money is by investing heavily in startup companies that you have an idea might become big but the risks are very high.

Is anyone willing to say how much profit they have generated from investing in the stock market and weighing up the time, risk etc was it worth it to do it?

There are more than just a couple of people on here who have investments in apple into $millions. If they triple that in 3 years thats a GOOD wage :)

Also, if I have $8000 invested. I only need to double my investment 7 times to be a millionaire. IF you were to have invested in aapl 7 years ago you would be not far from the goal.

[nowayout11]

Does anyone think now is a good time to invest in APPL? I'm coming across a chunk of money soon and I'd like to invest. I wish I was able to act sooner (back in March) but as it is, should we wait or jump in?

[SpamSandwich]

Let's just say that I didn't buy a car: I bought stock and a powerbook instead.

Smart man... smarter than me, anyway... :grumble: :lol:

[SpamSandwich]

Does anyone think now is a good time to invest in APPL? I'm coming across a chunk of money soon and I'd like to invest. I wish I was able to act sooner (back in March) but as it is, should we wait or jump in?

It's always a good time to invest... :rolleyes:

If the stock is currently undervalued then it's a good time to buy. Whether or not it's undervalued seems to be a matter of opinion most of the time, but I tend to buy on large dips caused by unusual market activity that affects the broader market, or on "bad" news that only affects Apple. They always seem to recover within a month or two, BUT this has been the rule since Steve Jobs came back to Apple. Once he retires, or if he is run over by Steve Ballmer, all bets are off.

[aplnub]

Does anyone think now is a good time to invest in APPL? I'm coming across a chunk of money soon and I'd like to invest. I wish I was able to act sooner (back in March) but as it is, should we wait or jump in?

Only way I would put money in AAPL right at this second is if you plan on holding for at least 12 months. If you can't do that, you may not like the ride if you follow it everyday. I am in at an average of $137 on my second buy in and I plan on riding this out to $250 or until like it was mentioned above, Stevie B. shoots down Jobs plane by infecting it with a downgraded Vista to XP OS in the Nav unit.

[satchmo]

Typically the stock takes a dip after each of these big keynotes.

But if availability and price structure of this iPhone hits the mark, I think we may see it go up this time around.
I'm too holding out for $250...but this economy has me spooked.

[probably]

Because it's the one company I know well enough, believe in enough to throw thousands of dollars at it in stock. Reading into their financials, their marketing campaigns, their policy changes is unbelievably exciting to me when the end result is a lovable packaged product.

They've had to deal with one quarterly loss in a decade afaik (which by all evidence was the result of Jobs trying to push his love-affair with cubes as well as thinking DV was the new hot ticket instead of observing the explosive growth of CD burning and digital music). His way of making up for that mistake was iPod, which was considered and brought to market in the 8 months afterwards.

There are a billion reasons - that I actually enjoy writing about and putting into perspective - but that's a tiny piece of it.


edit: those are reasons for investing to get growth out of it. But fundamentally, it's good to support the ones who spur catch-up development in the industry.

[reg]

We had to sell shares we had long ago because of my wife's work, Conflict of Interest. We had to sell when the prices were still dropping before Job's return. We are long term buyers most of the time and seldom hold anything less than a year. We have also bought stock for the kids because the shares look neat or the kids liked the company or a product they made. Buy low, sell high, I wish that would happen to me.