Apple stock closes past $600 milestone for first time - Page 2

Well, the funny thing is that I've made this comment several times before (here at AI and elsewhere) with the same deliberate inaccuracy and no one has called me on it.

Which goes to show how little people are paying attention to such matters.

The awesomest part? Michael Dell can never unsay that. Ever.

Oh that's ok, thanks for your comment. I didn't intend to stir up a debate. It's a shame this forum often gets so personal. The way the world economy is going Apple seems to be one of the few companies doing so well. Its still not for me but I hope the shares keep going up for you. Its nice to see Apple users doing so well. I hope they spend the rest of their cash pile on some interesting acquisitions. I've just about run out of Apple products left to buy so a few more choices would be welcome. I won't bother to post again on share related threads.

Palms's former CEO Ed Colligan said that in 2006.

"We've learned and struggled for a few years here figuring out how to make a decent phone,'' he said. "PC guys are not going to just figure this out. They're not going to just walk in.''

Wow, there have been some truly incendiary posts today. All over the decision to return capital to Apple's shareholders.

Whatever your interest in this website--investor, user, troll (a seriously overused descriptor), etc--I think you can all agree that this is a big day for Apple, Inc.

Forget a pullback, just buy and hold. The stock is cheap, the foreseeable future is bright.

I bought almost 200 shares when AAPL peaked in the $400's just before their BS "miss" (which wasn't a miss). I had to sit through a whole quarter seeing my account decrease by well over $10K after the weird manipulated stock drop. So I bought more shares in the high $300's. Sure, at the time I felt pretty dumb for buying at the stocks peak price, but I knew my logical side was telling me to "chill". Now, obviously, it has payed off so far.

Don't play the petty games with AAPL stock, which is what I learned in my experiences. Buy it when you feel its a good value, keep it simple. It usually works out best this way.



Firstly, excuse the tone, but I'm gonna be blunt. I'm speaking from experience here as your remarks remind me of what I was trying to tell myself when I was watching AAPL go through the high $300's after I made the mistake to sell numerous times earlier.

Man, you REALLY have NO idea of what you're talking about here. You are a classic pessimist toward a stock because you're too scared to jump in and are bitter at everyone else reaping the rewards because they decide to take on a risk that they believe in. AAPL will one day be over $1K, most likely, and you will be bitterly saying how "it's not for me, and at $600 it could have been a good buy, but not at these levels".

This is the INVESTMENT section of the forum! Don't be afraid to dip a toe in! You might just like it and decide to jump right in. Being a fan of a company you invest in can be a beautiful thing. Just do your homework and due diligence. There's a reason that people call AAPL the best all around, multi-level investment in the market, especially at these LOW levels (the dividend just really made it all that much more dynamic to own), and it isn't because of some BS emotive garb.... or if it is, then that isn't why the smart investors are investing.... it's because of classic, very hard fundamentals, which is why the stock is appreciating (correcting) right before our eyes.

About this, how does one attend those meetings? Is it open to any shareholder? First come first serve? I received the ballot voting thing in my Email, but never bothered to look into how one can attend that if they wanted to.

Steve did manage to manage shareholders. About Tim, that's another story.

Oh right that's right, It was of the keyboard comments from RIM .. you know ... the need for a physical one I was thinking of

What's ironic is that the phone guys never figured it out...

Well I did infer it was hard to believe but I was too busy to run and check fact you at the time. I can't speak for 'people' but speaking personally, the number of shares held by private individuals has never been a factoid that influenced my buying of AAPL. I go by 33 years of working with Apple as a company and with their products.

If it floats your boat to make stuff up who am I to burst your bubble?

Not sure I can see why you'd do that but hey... I've seen weirder past times. I will make a note to ignore your comments from now on as you confess you just make stuff up. Thanks for the tip off.

I always get the details along with that ton of paper work regarding proxy votes. I vote on line but I wish they would have a way to consolidate all the various trenches of shares into a single vote. Maybe there is a way to do this but if so it's kind of as easy to find as how to change your Apple ID

That number is grossly misleading and essentially meaningless. if you're a person who likes all the fuss and bother of obtaining, holding and disposing of physical, paper share certificates, by all means you can be a "shareholder of record," but don't be upset when you're charged an arm and a leg for transfer costs or if your broker sneers at you. See this Q&A from Apple's most recent proxy statement to understand why:

What is the difference between a shareholder of record and a beneficial owner of shares held in street name?
Shareholder of Record . If your shares are registered directly in your name with the Company’s transfer agent, Computershare Investor Services, LLC (“ Computershare ”), you are considered the shareholder of record with respect to those shares, and the Notice was sent directly to you by the Company. If you request printed copies of the proxy materials by mail, you will receive a proxy card.
Beneficial Owner of Shares Held in Street Name . If your shares are held in an account at a brokerage firm, bank, broker-dealer, or other similar organization, then you are the beneficial owner of shares held in “street name,” and the Notice was forwarded to you by that organization. The organization holding your account is considered the shareholder of record for purposes of voting at the Annual Meeting. As a beneficial owner, you have the right to instruct that organization on how to vote the shares held in your account. Those instructions are contained in a “vote instruction form.” If you request printed copies of the proxy materials by mail, you will receive a vote instruction form.

If you actually want to sit on a folding chair at the annual meeting and avail yourself of the free coffee and doughnuts, however, according to Apple you have to be a registered owner.

If your name is registered as a shareholder, you can attend.

Just send an email Apple Investor Relations asking them for details. I am sure they would be very happy to tell you.

See your broker. Get any physical shares out of your house, safety deposit box or buried under your backyard garden and into your brokerage account. They'll keep all your stuff organized by record date and number of shares, while consolidating your proxy materials. So what if you don't get invited to the annual meeting? You'll find better coffee and snacks at your local Starbucks or Dunkin Donuts.

And by the way, a trench is something you dig. A tranche is a financial classification, in particular a portion of a stock issue or a loan like a bond issue sold in steps. If you bury your tranches in your trench, far be it from me to hold you back!

Thank you for the spelling correction, it was actually a typo I used the word a lot when I ran a large company with a room full of chartered accountants on the payroll but I confess I never dug a trench so I should have caught that one.

By the way, the word 'tranche' comes from the French word to cut or slice and is where the English word trench (ditch) comes from So your little quibble is ironically quite funny. Touché.. or should that be touch?


I manage all my own shares on line thanks, all very well organized.

Apple needs to purchase TomTom, Twitter, and a major gaming studio to further their interests. Dividends were a bad idea.