Apple makes the most profit on items it sells in the it's retail stores. The iPhone will be drawing in large crowds, if not to buy it, at least to view it. There should be a lot of residual sales from people who otherwise wouldn't have come into the Apple store at that time. Think extra iPods sold, extra notebooks, extra NEW iMacs.
Just for the sake of Massive speculation: What if Steve Jobs were to whip out a Multitouch touchscreen ultra portable device. Think iPhone with really large touchscreen. That would certainly take the wind out of Palm's sale on their new device. And certainly would upstage a digital coffee table. What were they thinking?
I think that Palm took the wind out of Palm's sails, with this new device.
I disagree. If the stock goes up $1 and you have 1 share you get $1. If you have 2 shares you make $2. I'll take the $2. A split is good for any current investor. I have 1000 shares. I would love to have another 1000 shares from a split. Then every dollar it goes up I make $2000 instead of $1000.
How many times is someone going to come on this thread and say that very same, incorrect, thing?
If you would only read back, you would see that this idea has already been disposed of.
But, one more time.
If a stock is at, say, $100, and splits, so that you now have two shares for each one before, and each is now worth $50, you have the same valuation as before.
If that stock now goes up $1 at its new lower by half $50 per share price, then it would have gone up $2 at it's earlier pre-split $100 per share price.
You end up with the same amount of money.
Stocks don't go up randomly. They go up based on earnings per share, speculation on where the company will be a week from now, or a month, or a quarter, or a year, etc.
The more shares there are out there, the less they tend to rise on any given trading session.
If a company is going gangbusters, as Apple is now, the stock will rise quickly, as Apple's is now.
But, if Apple split two for one, each of the new shares would move up (or down) by about half the amount it did before.
Comments
Apple makes the most profit on items it sells in the it's retail stores. The iPhone will be drawing in large crowds, if not to buy it, at least to view it. There should be a lot of residual sales from people who otherwise wouldn't have come into the Apple store at that time. Think extra iPods sold, extra notebooks, extra NEW iMacs.
Just for the sake of Massive speculation: What if Steve Jobs were to whip out a Multitouch touchscreen ultra portable device. Think iPhone with really large touchscreen. That would certainly take the wind out of Palm's sale on their new device. And certainly would upstage a digital coffee table. What were they thinking?
I think that Palm took the wind out of Palm's sails, with this new device.
They apparently don't need Apple to do for them.
I disagree. If the stock goes up $1 and you have 1 share you get $1. If you have 2 shares you make $2. I'll take the $2. A split is good for any current investor. I have 1000 shares. I would love to have another 1000 shares from a split. Then every dollar it goes up I make $2000 instead of $1000.
How many times is someone going to come on this thread and say that very same, incorrect, thing?
If you would only read back, you would see that this idea has already been disposed of.
But, one more time.
If a stock is at, say, $100, and splits, so that you now have two shares for each one before, and each is now worth $50, you have the same valuation as before.
If that stock now goes up $1 at its new lower by half $50 per share price, then it would have gone up $2 at it's earlier pre-split $100 per share price.
You end up with the same amount of money.
Stocks don't go up randomly. They go up based on earnings per share, speculation on where the company will be a week from now, or a month, or a quarter, or a year, etc.
The more shares there are out there, the less they tend to rise on any given trading session.
If a company is going gangbusters, as Apple is now, the stock will rise quickly, as Apple's is now.
But, if Apple split two for one, each of the new shares would move up (or down) by about half the amount it did before.
Believe it or not!
Take them Apples!