Apple Stock (AAPL) - Worth Buying?
 

Apple remains one of the largest companies in the world. Many analyst and just now Barclays just upped their price targets and at around a current price of $460 its still looking very cheap, close to the 52 week low. A few things:

(1) Apple is widely said to be increasing the dividend.

(2) A china distribution deal is still on the cards - may involve the largest carrier (China Mobile).

(3) They just announced a $60 Billion dollar share buyback.

Now logically, as I understand, they're going to be front loading the share purchases. In other words, they want to buy their own shares back cheaply from the market so they need to do it while the price is lower not when the price is higher. They've given themselves around 2 years to complete the purchases.

This improves the EPS for shareholders and pushes the price up. However, they may be looking for pullbacks before resuming purchases. Does this mean that Apple stock is going to be quite volatile over the next couple of years. If the price goes up, they stay back and if we swing to a lower price, they'll resume their purchasing.

And what about now? In the near term is it worth buying the stock at this price?

It will eventually go back up and is more a long term stock. I'd buy it, but again, I got in a while ago around $400 and sold when it hit $700

Buy AAPL for the long term.

Why will it go up? Theres a lot of competition from Samsung and Google and so on.... whats the driver?

Fundamentally it feels like apple has peaked as a company.
The stock could be re-pumped, but I won't be touching it.

it was for sure not the best moment when i bought them - lol

now i gotta keep them for a while

Why because Steve Cobs is gone?

I can't envision any product they could release that would result in the the same market share they enjoyed with the iPod/iPad/iPhone.

Sure but wouldn't you have said that after the iPod too?

I mean beyond the announcements they made, I would never have imagined that a Pad could shake up the market and I would never have imagined that a phone could be any more cooler than any other until it was presented to me. But then im a dumbo.

You asked for an opinion, I gave you one. Feel free to ignore it.

WOOOO WOOOOO TOUCHY!

I just asked you a follow on question, that's all.

You need to get into defensive stocks :1orglaugh

Jobs is gone. So yeah they peaked. They hit a home run three times in a row and now are going to be lucky if they can do as well as blackberry. Would you buy an iPhone 6? iPad? iPod? Doesn't the new knock off do everything they do and more? Apple watch thing? Come on.

Decent stock plays are based on perception as much as reality. Yes apple will continue to make good cash but they could be out of business in 5 years. Compare that to Alibaba or google? Will you have a home 3d printer in the next ten years? There are better stories then apple right now.

This might be the best thing I've read in months. :1orglaugh:1orglaugh

I saw it's still a buy but there are so many other stocks doing better.

look at the price to earnings, its currently a cheap stock.
and as far as potential - apple and google are snapping up all the new talent coming out of the best colleges, gone in 5 years? that's a laughable comment.

I definitely don't wanna buy this stock if its gonna be gone in 5 years....

But then I was thinking about it 5 years ago and its still here but cobs is gone. If the company can do better without cobs then it might be worth taking a look but it needs at least 5 years to find out.

not literally "gone", out of business, in bankruptcy, etc... but it's quite possible (and even
likely) that in 5 years they could be in a position that they won't matter any more...

tech companies come and go, no reason to believe that apple will be any different... :2 cents:

Well Apple has been around for a very long time.
Microsoft has declined a lot but it still matters.

yes i will....

You just might be young but the cell phone industry moves pretty fast. Computer sales are pretty flat as an industry, the key is tablets and who is winning now?


Blackberry - 90% drop in 5 years.
https://www.google.com/webhp?sourcei...ih=643 &ion=1

Motorola was the same but hard to get a chart - http://www.everyjoe.com/2008/12/07/t...on-sanjay-jha/

Remember Erickson?

Exactly so maybe buying one or two of those on a dip might be a better idea to see a ten fold run then Appl where you hope it goes 50% and not down 90%.

Check out Citigroup Inc Symbol C:NYSE for you Roth IRA:2 cents:

I should have bought a bunch when people told me to every day when it was around 50-80 when I was working at Apple.. :(

I think the apple hype is over. Better invest in another company with a brighter future. But it's always like in a casino when it comes to future...

Shhhhhhhhh. You are breaking the hearts of fan-boys around the world.

There's a pullback today but it doesn't look like its got much conviction.... the problem is any pullback, is bringing in big buyers, Apple being one of the biggest of those with an already stated $60 BN buying plan.

when i bought Google, 2 weeks later it was minus 30%. now it's 12% plus to what i paid

shares are not for people that easily get nervous ;)

I wouldn't want to buy at over $420 but the buying plan is going to keep upwards pressure and I doubt it will get there.

I wouldnt touch it now.... i wish i got in when it was like $180!

Go for gold and silver!

The stock market is a corrupt joke now, nobody under a billionaire should touch it. Danger warning stay away.

Are you serious?

Gold is going much lower before it goes higher...... It could possibly go under $1200 this year.

Yeah possibly. But with all the rumours on market manipulation etc and the possiblity of the dolalr becoming even weaker and maybe hyperinflation as well.... i feel its worth a punt.

Sure it doesnt pay dividends or (tpyically) sky rocket in price ove rnight but in the long term it will always be worth something. :2 cents::2 cents:

Sure and I agree - its worth having. But for sure, you wont be happy buying at the current price (around $1450/oz) if you can pick it up under $1200/oz.

There's a massive bearish attitude towards gold right now.

Countdown to iWatch announcement.

http://i40.tinypic.com/zlc41g.jpg

http://i43.tinypic.com/ekf1gx.gif

Absolutely... brought gold a long time ago, going big on silver right now... hoping for that rise!

Like I said, you're likely to see a large fall before any climbing resumes....

Who sells more tablets than Apple?

Apple isn't going anywhere. iTunes, iCloud, apps etc. It's not easy to switch to another device.

Possibly true.... a lot of that is contract and futures.... You can buy 1oz coins pure silver for like $30-$35 and then flip them almost instantly for around $40....

but thats not what Im into..... holding for the long term!

What do you see happening to gold and silver in the long term?

thats how I feel too. Steve jobs was the brains of it. Now that he's gone they can't sustain what he created because they just don't have the creativity. He's a 1 in a billion kind of guy.
They couldn't even get Apple Maps working well. Steve Jobs would have never released that fuckup until it was perfect.
So they will always be profitable but I dont see them coming out with anything revolutionary with Jobs gone.

I would buy stock in Adobe. They just changes their business platform to subscription cloud ONLY, meaning you have to buy a subscription to use their software now, and their revenues are skyrocketing now.
There are so many people who steal Photoshop, now they can't use it anymore without paying for a subscription.

Really, so if you have a stolen copy of Photoshop it stops working?

Most companies and professionals will upgrade at some point. How many companies are running their businesses on Windows 95 right now?

Impossible to say because it depends on so many factors but if current central bank policies remain then long term, I'm sure it will reach new highs.

I have gold but I wouldn't buy more right now, this correction is not done yet and if you watch Bloomberg you'll notice that all the big funds are staying away from Gold at the moment.

I saw some guy trading AAPL options on youtube
Try fucking with some options
It looks like you can make a-lot more that way (or lose a lot more)

A long term buyback ain't going to send it to $1000/share
I bet that it'll make most pullbacks a lot less severe though

Lol. Don't buy it if you don't know what you're buying.

Theres no money to be made on it unless your a millionaire and if u are real estate would be way smarter

Thats good to hear.
Dont get chance to watch bloomberg much, im in for the long term so try to avoid daily news drives me insane else!

What about silver.... you buying? :2 cents::2 cents:

just remember that on gold, the central banks need to unwind those positions so QE4 is less effective as we know they need to unwind 1, 2 and 3 soon after ending 4. Anticipation is the key to understanding the market.

Silver just follows on the coattails of gold.

Incidently, Gold is down around $50 today and that's just the beginning, as I said earlier. Some analysts reckon it could bottom out at around $1000/oz this year but im doubtful it will get that low.