i've never heard of this split thing before... can anyone elaborate what it is and why apple would do it... how does a split affect the current shareholders (like me)?
i think it's pretty straight forward. double your shares at half the price. say you have 100 shares. apple splits at 80. you would then have 200 shares at 40. you have the same amount of money, but more shares. splitting allows new investors to purchase apple stock at a lower price, which i think encourages more investing.
This is pretty bad news, IMHO. It shows Apple doesn't have the manufacturing capability lined up to get much more than the 3% of the computer market
in perspective, there are really only about half a dozen PC makers who have greater individual market share than apple. and other than dell and HP, not by much.
A 3 to 4 week wait isn't all that bad. I waited more then two months for my 15" FP iMac, ordered right after introduction ...
Not a bad wait for Mac users who know what they want. Yet with any wait at all for a low end product like the mini, we will never know its sales potential. Apple will miss all the impulse buyers and others who have an itch for buying a new computer. With lots of competition, these folks will walk out of places like CompUSA with something that is available at the moment. It's a different market and needs a different strategy. No waiting.
When you think about it, the waiting list regulates sales. As the waiting time gets longer and longer, more and more potential buyers switch to their second choice until only the most determined are left on the list.
Lucent was valued at 180 Billion and now just around 1/10th that due to the market collapse.
Quote:
Originally posted by Power Apple
AAPL spilt in 1987 and 2000 as you can see from this graph. I was an investor back in 2000 (bought my first AAPL in 1997 for 7$ a share (14$ pre-split)). Unfortunately AAPL tanked not long after the split.
Anyhow, I doubt they will split before it reaches at least 120$ or higher.
Demand without enough product isn't necessarily a bad thing. Look at the iPod situation. Keeping demand up and making people wish they had one if they could just get their hands on it worked just fine. If it's a good product people will be willing to wait. It's that kind scenario that can lead to a cultural phenomenon.
Ask yourself how many really pissed off PC users do you know and how many are starting to switch? Personally, I think it's starting to happen. I didn't used to recommend Macs that often becuase I knew it was a big investment. Making the switch to a Mini is relatively cheap so I recommend away these days.
Don't forget that Apple works really hard to keep inventory low on ALL of their products, it's part of what makes them a fiscally lean & mean company.
BTW, I had a shitload of AAPL in the teens and sold it the high 20's and dumped it for Pixar (another great stock that's going to make another nice run up in the next 2 years). It's painful to look at how much money I took off the table but I jumped back in to AAPL in the 60's and plan to hold for at least a year. Things are looking that good IMO.
Comments
Originally posted by AWAL
i've never heard of this split thing before... can anyone elaborate what it is and why apple would do it... how does a split affect the current shareholders (like me)?
i think it's pretty straight forward. double your shares at half the price. say you have 100 shares. apple splits at 80. you would then have 200 shares at 40. you have the same amount of money, but more shares. splitting allows new investors to purchase apple stock at a lower price, which i think encourages more investing.
What crap!
Where have we heard this before?
Originally posted by Booga
This is pretty bad news, IMHO. It shows Apple doesn't have the manufacturing capability lined up to get much more than the 3% of the computer market
in perspective, there are really only about half a dozen PC makers who have greater individual market share than apple. and other than dell and HP, not by much.
Originally posted by dimboo
A 3 to 4 week wait isn't all that bad. I waited more then two months for my 15" FP iMac, ordered right after introduction ...
Not a bad wait for Mac users who know what they want. Yet with any wait at all for a low end product like the mini, we will never know its sales potential. Apple will miss all the impulse buyers and others who have an itch for buying a new computer. With lots of competition, these folks will walk out of places like CompUSA with something that is available at the moment. It's a different market and needs a different strategy. No waiting.
When you think about it, the waiting list regulates sales. As the waiting time gets longer and longer, more and more potential buyers switch to their second choice until only the most determined are left on the list.
The entire market adjusted and tanked.
Lucent was valued at 180 Billion and now just around 1/10th that due to the market collapse.
Originally posted by Power Apple
AAPL spilt in 1987 and 2000 as you can see from this graph. I was an investor back in 2000 (bought my first AAPL in 1997 for 7$ a share (14$ pre-split)). Unfortunately AAPL tanked not long after the split.
Anyhow, I doubt they will split before it reaches at least 120$ or higher.
Originally posted by ipodandimac
yes, i am the dumbass who sold his stock a while back.
I'm the dumbass who never bought any.
Originally posted by laurent.g
order a pc with Dell and you'll have the same thing. About 10 days before you got it.
Most PC manufactures have this kind of delay. (HP, Acer, IBM etc)
But I hope it doesn't take too long for you
I know it can be frustrating but think (different ;-)) about it, you WILL have one !!!
You lucky man !
:-)
Getting my Dell M60 notebook took about 10 days. But then I had a balls to the wall (for a windows machine
My iBook is supposed to arrive tomorrow according to UPS. I can't wait.
Eric
Ask yourself how many really pissed off PC users do you know and how many are starting to switch? Personally, I think it's starting to happen. I didn't used to recommend Macs that often becuase I knew it was a big investment. Making the switch to a Mini is relatively cheap so I recommend away these days.
Don't forget that Apple works really hard to keep inventory low on ALL of their products, it's part of what makes them a fiscally lean & mean company.
BTW, I had a shitload of AAPL in the teens and sold it the high 20's and dumped it for Pixar (another great stock that's going to make another nice run up in the next 2 years). It's painful to look at how much money I took off the table but I jumped back in to AAPL in the 60's and plan to hold for at least a year. Things are looking that good IMO.
Chas