jeffythequick

ITGUYINSD said:

SpamSandwich said:

Apple could cap to a 20% commission, but add other fees. Apple’s costs don’t drop just because political meddlers tell them to drop them.

LOL!  I don't think Apple is just squeezing by on the current 30%.  Seems every quarter, Apple is making record BILLIONS in profits on their services.

Literally, everything Apple does is high-profit.

as a stockholder, I applaud that.

As a consumer, I also applaud the extent that Apple goes through to ensure that the applications have limitations on them.

SpamSandwich said:

Nice healthy jump up this morning so far... The psychological value of the “cheaper” stock seems to be working.

Yeah... I hope they do a 100:1 next time...

AAPL down to $5!!! BUY BUY BUY!!!

seanismorris said:

I wonder what Epic is thinking...
I get they are frustrated with the 30% “Apple Tax” but their actions make no sense.

70% of something is better than 100% of nothing.

"monopoly" meaning exclusive control of a commodity or trade doesn't fit here.  58% is not 100% (or even close).  If the other companies cannot make a product that people want, that's on them.  Also, how has the consumer been hurt?  Geez... even when Standard Oil, the holy grail of monopolies was in its heyday, the price of oil dropped from 36 cents/gallon to 8 cents (1869-1885).  Plus, its market share went from 90% to 65% when it was broken up.  (1880-1911).  This was also a deflationary time, so 8 cents in 1885 was worth 5.64cents in 1869.

Should we demand that Google farm out searches to other engines, because they have the largest market share of searches?

SpamSandwich said:

cornchip said:

I know the meteoric growth days are over, but I’ll definitely be grabbing a fistful after the split.

After the split it’ll be worth 1/4 of the value per share. You’re not actually getting more stock for the same amount of money.

I know the mechanics of everything, but a $1 move will be worth $4 pre-split, or $28 pre-pre-split.  Since the two rules of wall street are fear and greed, human psychology needs to be looked at when pricing stocks.  When I got in at ~250 (pre 7:1) split, each dollar move was worth approximately $100 of value.  Post DRIP and splits, they're worth about $600, and next Monday, they'll be worth about $2500.

When it's reported on Wall St. it's just a $1 move, nothing to notice...  but I'm $2500 richer or poorer for it.

To ignore the psychology of pricing is, imho, missing out on the joys of splits.

Now, if we want to get me depressed, let's talk about my "wise" investments in Frontier Communications and Real Goods Solar at $5.  There, I really did lose $2500, and it ain't coming back.  But then again, a good day where AAPL goes up $1/share post spilt puts salve on that wound.