Maybe that was the rationale for the split (or at least one reason)... easier to convince people to keep buying up to $165 than to keep buying up to $1100+.
I'd suspect it does given the entire stock thing is so psychological, there seems to be zero actual math involved for Wall Street. I am many others have argued that a stock split would be a good idea for the last few years only to be told it would never happen and we were stupid by many 'experts' on this blog. Oh well, it's nice to see Tim agrees with us :smokey:
I am disappointed the dividends are being split by 7 too though ... Tim what were you thinking?
I'm told the dividend will also be divided by 7. It will, however, get an 8% increase per share.
No, of course, otherwise that would be an insane increase, up dividends by a factor of seven?: I was doing a funny.
ETA: Though there's a bit of room for that sort of misunderstanding given the emphasis on the $3.29 per share specifics and the pledge that it will "increase" going forward: well, no, the amount per share will per their pledge but it won't increase per share above that $3.29...., not for a good long time anyway.
No, of course, otherwise that would be an insane increase, up dividends by a factor of seven?: I was doing a funny.
Ah! I sincerely asked about it yesterday. It seems crazy that dividends per share would not be divided but I have no experience or knowledge with dividends after a split so I did ask. So I guess I'm the only ignorant one around here.
Apple has raised its dividend , increased the stock buyback, and split the stock all in hope of rewarding investors for their patient wait and Apples dwindling stock price in a Bull market. Hppefully Apple has products in the pipeline that will be released soon. As for Apple beating the Anal-ists estimates. It just goes to prove that they really don't know much about Apple
Ah! I sincerely asked about it yesterday. It seems crazy that dividends per share would not be divided but I have no experience or knowledge with dividends after a split so I did ask. So I guess I'm the only ignorant one around here.
I have to admit to a moments hope on that front but then I noted if such a dramatic increase in return to investors was planned they'd have trumpeted it to the rooftops and they hadn't. So those Maserati brochures got quietly tucked back away....
I expect there's an understandable difficulty in language when you're discussing across a stock split divide like that.
I am trying to figure out what the new share price will need to be for Apple to be a $1 TRILLION DOLLAR company.
With 861.74 million shares the price needs to be $1160. Based on the 7:1 split, and not including any drop in shares from their massive buyback, apple will need to reach $165.78 per share.
Despite all the rationality we profess too, that's perhaps the somewhat irrational, purely psychological beauty of stock splits: getting to $165 from $80 seems far more do-able than getting from $565 to $1160, doesn't it?
Comments
As long as it's nothing like splitting an atom then we're okay.
Maybe that’s for the best…
OMG, What the F was that?!
WOW!
A better question would've been "How did you find that?"
Same here. His posts are utter insanity, not to mention 'colorful.'
A better question would've been "How did you find that?"
Yeah, that too!
Well, imagine that. ALL of the analysts were wrong, ALL of them shorted Apple.
Again.
Like they always have done.
And been wrong.
How many times do they get to cry wolf before others stop listening?
How many times do they get to cry wolf before others stop listening?
How many times do they get to cry wolf before THEY’RE FIRED FROM THEIR JOBS.
At this rate, I may as well become an analyst. No accountability and free money.
A better question would've been "How did you find that?"
What do you mean, how did he find that?
He wrote it!
Just kidding, TS... just kidding...
I'd suspect it does given the entire stock thing is so psychological, there seems to be zero actual math involved for Wall Street. I am many others have argued that a stock split would be a good idea for the last few years only to be told it would never happen and we were stupid by many 'experts' on this blog. Oh well, it's nice to see Tim agrees with us :smokey:
I am disappointed the dividends are being split by 7 too though ... Tim what were you thinking?
Nope.
More like $100........after the split. LOL.
After the split that $3.29 per share payout will be sweet!
I'm told the dividend will also be divided by 7. It will, however, get an 8% increase per share.
I'm told the dividend will also be divided by 7. It will, however, get an 8% increase per share.
No, of course, otherwise that would be an insane increase, up dividends by a factor of seven?: I was doing a funny.
ETA: Though there's a bit of room for that sort of misunderstanding given the emphasis on the $3.29 per share specifics and the pledge that it will "increase" going forward: well, no, the amount per share will per their pledge but it won't increase per share above that $3.29...., not for a good long time anyway.
Ah! I sincerely asked about it yesterday. It seems crazy that dividends per share would not be divided but I have no experience or knowledge with dividends after a split so I did ask. So I guess I'm the only ignorant one around here.
Dwindling stock price?
----
Somebody likes colors
Ah! I sincerely asked about it yesterday. It seems crazy that dividends per share would not be divided but I have no experience or knowledge with dividends after a split so I did ask. So I guess I'm the only ignorant one around here.
I have to admit to a moments hope on that front but then I noted if such a dramatic increase in return to investors was planned they'd have trumpeted it to the rooftops and they hadn't. So those Maserati brochures got quietly tucked back away....
I expect there's an understandable difficulty in language when you're discussing across a stock split divide like that.
NYTimes headline for June 9th: BREAKING: Apple stock price plummets by nearly 500 points.
NYTimes headline for June 9th: BREAKING: Apple stock price plummets by nearly 500 points.
Nah: "APPLE Slashes dividend from $3.29 to $0.47 per share!"
Despite all the rationality we profess too, that's perhaps the somewhat irrational, purely psychological beauty of stock splits: getting to $165 from $80 seems far more do-able than getting from $565 to $1160, doesn't it?
Go get yourself a good education, then get out and see the world, as you are obviously clueless.