It is only up $10 now, at $147. This may well be ignored by tomorrow, there are lots of times that I have seen the open on a stock be the same as the close, even though the after hours numbers went crazy.
How's this for perspective? Think back 10 years ago. Did anyone ever think we would be having this discussion? Back on July 25, 1997, Apple's stock closed at $4.03. Today it's at $137.26 with a 9% jump in after hours trading. Wow.
Why don't you re-read Post #8 above and tell me how you came to this conclusion?
It was a simple mistake, they're talking about next quarter. You'd have figured that out if you'd just read the article or listen to the conference call or read any other article that mentions Apple's next-quarter guidance.
How's this for perspective? Think back 10 years ago. Did anyone ever think we would be having this discussion? Back on July 25, 1997, Apple's stock closed at $4.03. Today it's at $137.26 with a 9% jump in after hours trading. Wow.
It was a simple mistake, they're talking about next quarter. You'd have figured that out if you'd just read the article or listen to the conference call or read any other article that mentions Apple's next-quarter guidance.
I appreciate your giving "them" the benefit of doubt, but c'mon, I am supposed to do all that due diligence because someone is being lazy or sloppy in his posts?
Very few of us have that kind of time on our hands.
And, who's the "they" in "they're"..... cameronj or thestreet.com?
Er, anantksundaram... I thought it was pretty obvious, and apparently so did most people reading it. Just let it go, really. You misunderstood, simple as that.
How's this for perspective? Think back 10 years ago. Did anyone ever think we would be having this discussion? Back on July 25, 1997, Apple's stock closed at $4.03. Today it's at $137.26 with a 9% jump in after hours trading. Wow.
ME! I bought Apple for $4 and something a share and held it all this time. It was actually a little over $16 a share, but I'm adjusting for splits. Are you doing this also? I don't remember it actually hitting four. I think it might have went to around $13. Anyway, things are going just exactly as I planned. This is just the beginning, however. Just wait until my future plans unfold. Steve is my puppet. He's licking the stamps for the invitations to the next special event at this very moment.
Here's a quote from an analyst that give you some clue as to where I plan to go with this. I think he may be too conservative.
Quote:
I truly believe that Apple will be the first company to achieve a market cap of one trillion dollars. That 12:1 from today's valuation. And, I believe that this will occur in the next five years.
ME! I bought Apple for $4 and something a share and held it all this time. It was actually a little over $16 a share, but I'm adjusting for splits. Are you doing this also? I don't remember it actually hitting four. I think it might have went to around $13. Anyway, things are going just exactly as I planned. This is just the beginning, however. Just wait until my future plans unfold. Steve is my puppet. He's licking the stamps for the invitations to the next special event at this very moment.
Here's a quote from an analyst that give you some clue as to where I plan to go with this. I think he may be too conservative.
Actually you don't even have to go 10 years back. April traded below $13 (split adjusted 6.50) and closed just over 13 a few days in April 2003. The gains have exceeded 2000% in a little over 4 years since then.
The only thing that concerns me is that while laptop sales have more than doubled in the last two years, desktop sales have been stagnant. You could say that laptops are where the industry is moving or something to that effect, but they're not going away like some believed they would. Apple is just not connecting with those customers the way they're connecting with those on the laptop side.
Comments
$12.14 now.... (2:59 PM PDT)
AAPL past 150 now.
This is the strangest after-market reaction I have seen to an Apple quarterly results conference call.
Hope after-market prices hold up tomorrow morning...
I love you guys ... but I'm glad you were wrong on this one ...
Let's see what happens when market open up tomorrow ... I say we close at 155 or 160 tomorrow!!
This past 2 days were a rough storm ... but I'm glad it's over!!
"For the third quarter, however, Apple said it expects to earn 65 cents a share, below analysts' expectations of 82 cents a share."
http://www.thestreet.com/_yahoo/news...&cm_ite=NA
Anyone else use Ameritrade? My quote at 4:55 PM is $130.02 per share. Heh... wow I see it's bouncing around quite a bit!
Either you, or thestreet.com (is this the Cramer outfit?) -- perhaps both -- sound clueless.
Apple earned $0.92 during the quarter, not $0.65. Please don't spread false rumors. Thanks.
Either you, or thestreet.com (is this the Cramer outfit?) -- perhaps both -- sound clueless.
Apple earned $0.92 during the quarter, not $0.65. Please don't spread false rumors. Thanks.
He is talking about the current quarter ending in Sept.
http://abcnews.go.com/Business/Indus...ory?id=3410729
The Macintosh makes about half as much profit as all McDonald's combined!
He is talking about the current quarter ending in Sept.
Really?
Why don't you re-read Post #8 above and tell me how you came to this conclusion?
Really?
Why don't you re-read Post #8 above and tell me how you came to this conclusion?
It was a simple mistake, they're talking about next quarter. You'd have figured that out if you'd just read the article or listen to the conference call or read any other article that mentions Apple's next-quarter guidance.
How's this for perspective? Think back 10 years ago. Did anyone ever think we would be having this discussion? Back on July 25, 1997, Apple's stock closed at $4.03. Today it's at $137.26 with a 9% jump in after hours trading. Wow.
Don't forget all the splits.
It was a simple mistake, they're talking about next quarter. You'd have figured that out if you'd just read the article or listen to the conference call or read any other article that mentions Apple's next-quarter guidance.
I appreciate your giving "them" the benefit of doubt, but c'mon, I am supposed to do all that due diligence because someone is being lazy or sloppy in his posts?
Very few of us have that kind of time on our hands.
And, who's the "they" in "they're"..... cameronj or thestreet.com?
To put in perspective how much $818 million profit is, it is almost as much as McDonald's makes per quarter:
http://abcnews.go.com/Business/Indus...ory?id=3410729
The Macintosh makes about half as much profit as all McDonald's combined!
Now that's a Big Mac!
How's this for perspective? Think back 10 years ago. Did anyone ever think we would be having this discussion? Back on July 25, 1997, Apple's stock closed at $4.03. Today it's at $137.26 with a 9% jump in after hours trading. Wow.
ME! I bought Apple for $4 and something a share and held it all this time. It was actually a little over $16 a share, but I'm adjusting for splits. Are you doing this also? I don't remember it actually hitting four. I think it might have went to around $13. Anyway, things are going just exactly as I planned. This is just the beginning, however. Just wait until my future plans unfold. Steve is my puppet. He's licking the stamps for the invitations to the next special event at this very moment.
Here's a quote from an analyst that give you some clue as to where I plan to go with this. I think he may be too conservative.
I truly believe that Apple will be the first company to achieve a market cap of one trillion dollars. That 12:1 from today's valuation. And, I believe that this will occur in the next five years.
http://ce.seekingalpha.com/article/30720
Here's a quote from an analyst that give you some clue as to where I plan to go with this. I think he my be too conservative.
http://ce.seekingalpha.com/article/30720
This analyst has been inhaling the Kool-Aid vapors...
Now that's a Big Mac!
Now that's a good joke!
ME! I bought Apple for $4 and something a share and held it all this time. It was actually a little over $16 a share, but I'm adjusting for splits. Are you doing this also? I don't remember it actually hitting four. I think it might have went to around $13. Anyway, things are going just exactly as I planned. This is just the beginning, however. Just wait until my future plans unfold. Steve is my puppet. He's licking the stamps for the invitations to the next special event at this very moment.
Here's a quote from an analyst that give you some clue as to where I plan to go with this. I think he may be too conservative.
http://ce.seekingalpha.com/article/30720
Actually you don't even have to go 10 years back. April traded below $13 (split adjusted 6.50) and closed just over 13 a few days in April 2003. The gains have exceeded 2000% in a little over 4 years since then.