Apple increases issued shares for 7-for-1 stock split in official SEC amendment

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Comments

  • Reply 21 of 90
    SpamSandwichSpamSandwich Posts: 33,407member
    Checked my account and it already reflects the split shares also...
  • Reply 22 of 90
    rogifanrogifan Posts: 10,669member
    slurpy wrote: »
    Amazon's 3D phone? Really? Please just shut the **** up. I'm in awe that there's an actual human being behind that keyboard spewing those rants over and over again in every fucking thread. Do you expect Apple stock to rise in value linearly, infinitely? How the **** is it stagnating, because we've had ONE DAY where it didn't rise? Are you insane? Do you know how stock prices work? What an obsessive little child you are. Seek help. Better yet, sell every share you have and spare us your never-ending drivel.  
    Well to be fair, Wall Street did seem to go apeshit over this 3D phone announcement. Amazon stock is up almost 6% this week whereas the Nasdaq was up less than 2%. It's amazing how obsessed Wall Street is with gadgets. They shit their pants because Amazon is releasing a phone, not once asking if makes sense for Amazon to jump in the phone business. Then when Apple drops one bomb after another at WWDC these clowns call it underwhelming because no shiny new gadget was announced. Yukari Kane claimed the response to WWDC was the most tepid she's seen in 6 years (not sure what WWDC she was watching). Guest after guest on CNBC called it boring because no new hardware was announced. This is what we're dealing with - people who have no clue about Apple. They think of Apple as just a gadget maker and anytime someone else announces a new gadget it spells doom for Apple.
  • Reply 23 of 90
    rogifanrogifan Posts: 10,669member
    Checked my account and it already reflects the split shares also...
    Man I pulled up my account and just about fell over as it was about $100K higher than the last time I checked. Then I see AAPL listed as "pending today's transactions" and I came back down to earth.
  • Reply 24 of 90
    Quote:

    Originally Posted by Rogifan View Post





    Man I pulled up my account and just about fell over as it was about $100K higher than the last time I checked. Then I see AAPL listed as "pending today's transactions" and I came back down to earth.

    My wife nearly fell over when I (knowing it wasn't real) showed her our account this morning which is up nearly 500k over yesterday morning.  It's nice to dream though...

  • Reply 25 of 90
    michael_cmichael_c Posts: 164member
    popinfresh wrote: »
    I'm not sure you have good grasp of how the stock market works. It's a secondary market meaning when you buy a share of stock, you are buying it from someone else, not Apple or Amazon. So Apple or Amazon don't see a dime of your investment money. The share price of a stock should be reflective of the ability of that company to increase owners equity, not what other people are buying and selling. You should be basing this value on Apple Inc. actual value from their balance sheet and what you think their discounted future increases (or decrease) of owners equity.

    I would tend to trust a consensus of financial analysts who have actually done some research over blind hope that the stock price will go up when "mom and pop retail investors jump in" (whatever you mean by that). Financial analysts will be wrong 100% of the time, because we do not have perfect information. But I'd rather base my investment decisions on reasonable thought rather than blindly playing stock market roulette.

    -PopinFRESH
    I don't think it's a question of whether he has a grasp of the market or not - it's obvious, when you look at his posts, he's one of the people on the payroll to knock Apple. Just more negative propaganda being spewed.
  • Reply 26 of 90
    wigbywigby Posts: 692member
    Apple did the best it could but it was plain to see Apple's stock momentum ran out of gas.  Apparently, Amazon's 3D smartphone overshadowed Apple's split as the Amazon smartphone is being touted as another thorn in Apple's side.  All available money over the past couple of days has been poured into Amazon while Apple's stock was left to stagnate.  It seems there were a few talking heads who thought Apple might reach as high as $700 pre-split.  That was really too much to ask for.  Now the analysts are saying Apple is going to fall hard because it's at nosebleed levels and has risen too high too fast over the past couple of months.  I'm sure hoping they're wrong and the stock is taking a breather before the mom and pop retail investors jump in.

    The split hasn't occurred yet so how could it be overshadowed by anything? Try your story again Monday. Maybe you'll get some hits and a job offer as a financial analyst.
  • Reply 27 of 90
    jasonfjjasonfj Posts: 570member
    Why would anyone have bought AAPL after June 2 if they were not entitled to the split and end up with 1/7th the value of their investment? Still not making sense.
  • Reply 28 of 90
    chris_cachris_ca Posts: 2,543member
    Quote:
    Originally Posted by jasonfj View Post



    Why would anyone have bought AAPL after June 2 if they were not entitled to the split and end up with 1/7th the value of their investment? Still not making sense.

    They are entitled and will get the split.

    They will simply have to wait longer before they get the additional shares while the record of the purchase catches up, usually about a week later.

  • Reply 29 of 90
    elmoofoelmoofo Posts: 100member
    If you don't own AAPL right now, you're an idiot.
  • Reply 30 of 90
    aaronjaaronj Posts: 1,595member
    Quote:

    Originally Posted by Slurpy View Post

     

     

    Amazon's 3D phone? Really? Please just shut the **** up. I'm in awe that there's an actual human being behind that keyboard spewing those rants over and over again in every fucking thread. Do you expect Apple stock to rise in value linearly, infinitely? How the **** is it stagnating, because we've had ONE DAY where it didn't rise? Are you insane? Do you know how stock prices work? Sell every share you have and spare us your never-ending drivel.  


     

    Oh, he won't (as I'm sure you know).  He's been going on and on about how "APPLE IS DOOMED!" because of this idiotic 3D phone for weeks, now?

     

    It won't ever stop.

  • Reply 31 of 90
    aaronjaaronj Posts: 1,595member
    Quote:

    Originally Posted by GregInPrague View Post

     

    My wife nearly fell over when I (knowing it wasn't real) showed her our account this morning which is up nearly 500k over yesterday morning.  It's nice to dream though...


     

    That was mean! :)

  • Reply 32 of 90

    Actually, his post is a pretty accurate assessment of what has happened. 

  • Reply 33 of 90
    aaronjaaronj Posts: 1,595member
    Quote:

    Originally Posted by Jack Baker View Post

     

    Actually, his post is a pretty accurate assessment of what has happened. 


     

    Whose is?!

  • Reply 34 of 90
    visualzonevisualzone Posts: 299member

    What? No mention about the minimum shares one can buy.

  • Reply 35 of 90
    visualzonevisualzone Posts: 299member
    Quote:

    Originally Posted by Slurpy View Post

     

     

    Amazon's 3D phone? Really? Please just shut the **** up. I'm in awe that there's an actual human being behind that keyboard spewing those rants over and over again in every fucking thread. Do you expect Apple stock to rise in value linearly, infinitely? How the **** is it stagnating, because we've had ONE DAY where it didn't rise? Are you insane? Do you know how stock prices work? Sell every share you have and spare us your never-ending drivel.  


    Ever thought about anger management courses?

  • Reply 36 of 90
    SpamSandwichSpamSandwich Posts: 33,407member
    visualzone wrote: »
    No mention about the minimum shares one can buy.

    You could place an order for one share at the market price if you want, but why? Why not make it worth your while? You could always put an order in for as little as a couple hundred dollars and keep building the account monthly, or whenever money is available. This would be a "dollar cost averaging" strategy. Just put the same amount every month into purchases.

    The first order of business is getting an account with a broker and not going crazy or 'betting the house'.
  • Reply 37 of 90
    visualzonevisualzone Posts: 299member
    Quote:

    Originally Posted by SpamSandwich View Post





    You could place an order for one share at the market price if you want, but why? Why not make it worth your while? You could always put an order in for as little as a couple hundred dollars and keep building the account monthly, or whenever money is available. This would be a "dollar cost averaging" strategy. Just put the same amount every month into purchases.



    The first order of business is getting an account with a broker and not going crazy or 'betting the house'.

    Quote from Apple:

     

    Apple indicated that it elected to do a 7-1 split because, as the company noted, "we want Apple stock to be more accessible to a larger number of investors."

     

    I had heard the minimum amount one can purchase is ten shares. Fact or fiction?

  • Reply 38 of 90
    SpamSandwichSpamSandwich Posts: 33,407member
    visualzone wrote: »
    Quote from Apple:

    Apple indicated that it elected to do a 7-1 split because, as the company noted, "we want Apple stock to be more accessible to a larger number of investors."

    I had heard the minimum amount one can purchase is ten shares. Fact or fiction?

    Fiction. You buy stock from a broker, not directly from Apple (of course, there are exceptions, but I doubt you are an executive at Apple).
  • Reply 39 of 90
    visualzonevisualzone Posts: 299member
    Quote:
    Originally Posted by SpamSandwich View Post





    Fiction. You buy stock from a broker, not directly from Apple (of course, there are exceptions, but I doubt you are an executive at Apple).

    Thanks!! I have a financial adviser that helps me with my investments. He does the work and I give him the money. <img class=" src="http://forums-files.appleinsider.com/images/smilies//lol.gif" /> And yes I do keep an eye on things. I've done online banking, buying, shopping, etc. for years. And no, I'm far away from being an Apple executive.

  • Reply 40 of 90
    jakebjakeb Posts: 563member
    popinfresh wrote: »
    I'm not sure you have good grasp of how the stock market works. It's a secondary market meaning when you buy a share of stock, you are buying it from someone else, not Apple or Amazon. So Apple or Amazon don't see a dime of your investment money. The share price of a stock should be reflective of the ability of that company to increase owners equity, not what other people are buying and selling. You should be basing this value on Apple Inc. actual value from their balance sheet and what you think their discounted future increases (or decrease) of owners equity.

    I would tend to trust a consensus of financial analysts who have actually done some research over blind hope that the stock price will go up when "mom and pop retail investors jump in" (whatever you mean by that). Financial analysts will be wrong 100% of the time, because we do not have perfect information. But I'd rather base my investment decisions on reasonable thought rather than blindly playing stock market roulette.

    -PopinFRESH


    Well, the company can always issue more stock to employees or companies they acquire in lieu of cash, so high share prices save them tons of cash.
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