Wish I had bought Apple Stock!

[chscag]

Looks like Apple has made a killing on the iPhone! See the following LINK from Business Week.

Regards.

 

[fleurya]

Yeah, can't believe the stock actually went down a little today. I keep think ing the same thing back when it was at $80!

 

[harryb2448]

Ah well chscag, life is so very full of these 'if only' opportunities.

 

[osxx]

The people that bought it when it was under 20.00 a share and still have it are celebrating.

 

[benparko]

All-in-one iPhone Video Converter can convert all the video formats to iPhone MP4,extract audio to MP3,AAC,WAV with full editing functions.

Not really relevant!

 

[benparko]

Thats great news for share holders! Yeah I wish I had of invested before when I was looking at their shares... Oh well. I'll wait for their next slump.

 

[Kevriano]

Heard about the massive profit on the radio here. If only is right!
All good for us though.

 

[chas_m]

I bought AAPL when it was $14 a share and sold it when it was $50 ... lived in Europe for a year on the proceeds.

Of course the stock then proceeded to go on well over $100, split, and split again!! If I'd held onto it I'd be a millionaire now, but since nobody is psychic I couldn't have known for sure, and I got a memory that will last a lifetime, so I'm not too upset.

Frankly, the way the market has turned into a total casino makes me happy to have gotten out of it all years ago.

 

[acagann]

I seem to remember reading that it was 3 bucks in 1997. It is now at 245.

 

[chas_m]

I seem to remember reading that it was 3 bucks in 1997. It is now at 245.

Your memory is faulty. It was never that low. It *did* get to $13 or so, and has split twice since then. EDIT: Just checked -- the lowest the stock ever got in the 90s was Dec 1997, when it hit $12.75 a share.

If you'd bought a single share at $13 back in 1998 and held onto it, you'd have 4 shares times $245 each = about $980 today (about $966 profit, minus any broker/trading fees).

Multiply that times, say, 1000 shares, you'd be a millionaire today on a $13,000 investment 13 years ago.

 

[the8thark]

And if you read these 2 very nice articles:

Inside the numbers: Apple's great quarter | Phones | Mac Word | Macworld
Apple sets sales, profit records for non-holiday quarter | Business Center | MacUser | Macworld

It's make you wish even more you had bought Apple shares ages ago. I wish I could have ages ago. Everything bar Non touch ipods is up. The non-touch ipods is only down 1%. So apple is doing brilliantly. More share price rises I think .

 

[fleurya]

If it did two 2-1 splits since the time is was $13, wouldn't it be correct to say that a single $13 share is worth $980 today? Makes me ill just thinking of it!

Apple's popularity is still extremely solid and growing. The iPhone and iPods are doing very well. Even if you get in today it would not be a bad investment. Just wish I had some spare cash to buy at least a few shares, or they would split their stock to make it more affordable.

I had bought Google at about $180 and sold it when it was somewhere in the $200's. My finance knowldge was limited and my gut was telling me the price was moving too quickly and must be inflated. Made a few bucks but . . .

 

[coehlers]

If you have the funds available I still think apple would make a good investment now. The market as a whole is on the rise, and Apple is definitely on the rise. I wouldn't put everything into apple, but I think it would make a good low risk long term investment opportunity. Not to mention They just posted a 90% gain in profits this quarter. That's phenomenal. Personally I never thought the Ipad would have been so successful. Right now I do not have the disposable income for the market, but I watch it religiously. There are a few out there I am interested in, and apple is one of them.


Remember hindsight is always 20/20. Forget about what could have been and think about what could be.

 

[Nethfel]

Actually, you're not 100% correct there Chas_m - it did get into the <$4.00 range in the '90's - here's the chart from google finance with the history attached to this post - the lowest I came across was on Jul 27, 97 @$3.672 / sh... imagine how much the gain would have been if you spent $13000 on it back then at $3.67/sh!

But that was the lowest I noticed post 1990...

Your memory is faulty. It was never that low. It *did* get to $13 or so, and has split twice since then. EDIT: Just checked -- the lowest the stock ever got in the 90s was Dec 1997, when it hit $12.75 a share.

If you'd bought a single share at $13 back in 1998 and held onto it, you'd have 4 shares times $245 each = about $980 today (about $966 profit, minus any broker/trading fees).

Multiply that times, say, 1000 shares, you'd be a millionaire today on a $13,000 investment 13 years ago.

 

[coehlers]

And if you read these 2 very nice articles:

Inside the numbers: Apple's great quarter | Phones | Mac Word | Macworld
Apple sets sales, profit records for non-holiday quarter | Business Center | MacUser | Macworld

It's make you wish even more you had bought Apple shares ages ago. I wish I could have ages ago. Everything bar Non touch ipods is up. The non-touch ipods is only down 1%. So apple is doing brilliantly. More share price rises I think .

I think it will only get better.

 

[baggss]

The people that bought it when it was under 20.00 a share and still have it are celebrating.

That would include me. Something like $12.91/share back in 96....

 

[the8thark]

According to this article:
Apple Could Soar to $500 | Commentary | Financial Articles & Investing News | TheStreet.com

Apple very soon in a year or 2 will be the biggest company in the world (in terms of market dollar worth) with $500 share prices. So if this bloke is right even buying Apple shares now is a good idea. And if this is right, Apple won't need to fight the competition, they could just buy them out one by one till only Apple is left.

I see only one thing stopping this. If Jobs got another health scare or had to retire, Apple's shares would tank overnight. They did a little before when he had cancer. But him forced into retirement could wipe $100 of the share value overnight I think. And if this does not happen which we all hope and pray it does not, then I see nothing but growth for Apple.

 

[Dillinger-63]

The people that bought it when it was under 20.00 a share and still have it are celebrating.

Yep!, I know I am. And when Ford bottomed out under $1.25 a share for one day awhile back I jumped in and bought a bunch of that too. Currently it is at $14.01 a share.

 

[osxx]

hard to believe its almost 259.00 a share at this moment and things are looking up. AppleInsider | Expectations for Apple hit new heights after record iPhone sales

 

[baggss]

According to this article:
Apple Could Soar to $500 | Commentary | Financial Articles & Investing News | TheStreet.com

I'm hoping for a few more splits before it gets there.