Shares of Apple hit new 52-week high days before 7-for-1 stock split

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  • Reply 41 of 48
    brisancebrisance Posts: 63member

    Interesting that you brought up Dutch EIC… it is a corollary to Microsoft and Apple. Dutch EIC was formed later than British EIC though. And like Microsoft, it held a dominant position initially (think Microsoft in the 90s and 00s) but by the time 1800 rolled around it was no more. British EIC on the other hand was only getting started and most of its colonies have gone on to achieve greater successs. Can't say much for the Dutch colonies. ;)

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  • Reply 42 of 48

    I think the price will only go up after the split, as it makes Apple stock more affordable for the masses.  

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  • Reply 43 of 48
    benjamin frostbenjamin frost Posts: 7,203member
    melgross wrote: »
    Or, go up, as small investors jump into the stock.

    Quite. Jump into the stock and get their feet wet in the gravy train.
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  • Reply 44 of 48
    benjamin frostbenjamin frost Posts: 7,203member
    carthusia wrote: »
    Where are all the whiners that were calling for Tim Cook's head a year ago?

    Getting comatose in their whinevats.
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  • Reply 45 of 48
    benjamin frostbenjamin frost Posts: 7,203member
    jkichline wrote: »
    I think what we are going to witness is a transformation of Apple from a tech company into a lifestyle company. The connection of the stock split with WWDC with major acquisitions and hires are no coincidence. This means something big is coming that will transform Apple into another thing entirely.

    They're growing apricot trees in their new digs, so maybe they'll change their name to Apricot Inc.
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  • Reply 46 of 48
    benjamin frostbenjamin frost Posts: 7,203member
    slurpy wrote: »
    carthusia wrote: »
     
    Where are all the whiners that were calling for Tim Cook's head a year ago?

    You mean Constable Odo? He made around 1000x posts calling for Cook's head and his resignation- based entirely on the stock price- spamming every fucking thread with his rants - and kept insisting if Cook did not go the stock would keep dropping to below $200. Has he now apologized, or stated that he was wrong? Of course, not. When I turn out to be wrong online I own up to it. But the vast majority, like Constable Odo do not, even if the thing they repeated with confidence a million times, mocking others in the process, turned out to be insanely wrong.  Cook showed himself to be a true leader by not even blinking at the stock fluctuations- he didnt give in to the pressure to announce some bullshit based on the shrieking by investors and analysts. He stayed quiet because of the confidence he has in Apple and what they're working on. 

    Whats wrong with saying "I'm sorry, I was wrong" after derailing so many threads with what turned out to be utter garbage?

    Wounded pride.
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  • Reply 47 of 48
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  • Reply 48 of 48

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