Apple

[Bullitt]

Something to think about.

Jim Bianco, a director of Bianco Research, has published a comparison of Apple's capitalization and the index of companies that make up the Russell 2000 Index. It turned out that the capitalization of one company, namely Apple, surpassed the total capitalization of companies with small capitalization in Russel 2000.

https://thetradable.com/stocks/apple-aapl-market-cap-exceeds-entire-market-cap-of-russell-2000-rut

 

[tsptalk]

Amazing. And I don't own one Apple product, although they do charge me $0.99 a month for something - I think it was itunes access or something.

 

[bmneveu]

Amazing. And I don't own one Apple product, although they do charge me $0.99 a month for something - I think it was itunes access or something.

Let's see, we've got... 1 watch, 2 iPhones (that we replace every 3ish years, think we are up to 6 total now), 1 laptop, 1 iPad, and the tv subscription. The iPad is about 8 years old. We never use it anymore so we put a big pink protector on it, loaded it up with toddler apps and gave it to the kids. Most expensive toy ever, but hey at least it got a second life.

 

[tsptalk]

Multiply that by how many millions of people, and ... I get it.

 

[rktect1]

Well, that stop order was short lived. Sold 2100 shares at $129.11 each. Hope that wasn’t a mistake on my part. If it drops more I’ll be buying it back for certain.

 

[Bullitt]

Definitely due for a cooling. Good size gap at $95-$100.

(We own zero apple products, but may be loaned one from the school for this year)

 

[James48843]

I'm now holding 400 shares of Apple.

We have 3 iphones in the house, i do Apple music, and I am looking forward to the bounce up in Apple stock price once the 5G iPhone is released later thisfall.

 

[bmneveu]

Re: Apple Guides Lower - Futures Drop

I am anxious to see the performance difference on the 5G phone

 

[Bullitt]

Re: Apple Guides Lower - Futures Drop

Researchers have now developed a "6G" concept and plan to roll out trials in 2026. My question is, what hardware can even write at these speeds? Even a Raid0 SSD array can't pull off this kind of I/O.

Anyway, I seriously wonder how much 6G is now being factored into AAPL products. I feel this whole 5G thing has been a lot of hype and disappointment so far.

The pilot aims to achieve 1Tbps in data transmission speeds, which is roughly five times faster than 5G and will reduce latency to one tenth of current 5G services.

https://www.capacitymedia.com/articles/3826249/south-korea-to-launch-6g-trial-in-2026

 

[bmneveu]

Re: Apple Guides Lower - Futures Drop

Hardware will continue to get faster too

 

[rktect1]

Well, that stop order was short lived. Sold 2100 shares at $129.11 each. Hope that wasn’t a mistake on my part. If it drops more I’ll be buying it back for certain.

Well, my AAPL sell yesterday cannot become a new buy until tomorrow while waiting for the settlement of the funds used. $10 says that by morning the AAPL share price is back up to $130 so I wont have a buying opportunity.

 

[tsptalk]

Well, my AAPL sell yesterday cannot become a new buy until tomorrow while waiting for the settlement of the funds used. $10 says that by morning the AAPL share price is back up to $130 so I wont have a buying opportunity.

I'm not sure you have that right. Once you sell, you can buy again with that money. You just can't sell that new equity until the 2 day settlement.

 

[rktect1]

I'm not sure you have that right. Once you sell, you can buy again with that money. You just can't sell that new equity until the 2 day settlement.

:notworthy:

 

[bmneveu]

Well, my AAPL sell yesterday cannot become a new buy until tomorrow while waiting for the settlement of the funds used. $10 says that by morning the AAPL share price is back up to $130 so I wont have a buying opportunity.

You might get a better entry. Shares down to $117 in after hours.

 

[Bullitt]

Unless those trades are in an IRA, tax time should be fun.

 

[rktect1]

Unless those trades are in an IRA, tax time should be fun.

They are in my IRA account.

Just bought 2350 shares back at $114.40 each. So increased my shares for my sale funds. I’ll buy more if it goes below $110 a share.

 

[Bullitt]

Just bought 2350 shares back at $114.40 each.

$268.8K into AAPL alone.

It's trades like this that make me still feel like a "Toys R Us" kid.

 

[nasa1974]

Talked to my financial advisor yesterday about Apple. I told him I was interested in picking up some more shares. He told me he expects the stock to fall a little bit more and will keep an eye on it and let me know when to purchase more shares.

 

[Bullitt]

Is your broker from Goldman?

In a note to clients, Goldman analyst Rod Hall wrote that the company’s growth rates “aren’t consistent with the narrative that has driven the stock to its highest premium vs. the S&P 500 since 2011,” and that other tech giants like Amazon and Microsoft “are delivering the numbers and yet are valued at about the same multiple as Apple.”

Goldman downgraded Apple to sell in April and currently has a one-year price target of $80 on the stock, something Hall noted “would be an understatement to say that this call hasn’t worked.”

https://www.thestreet.com/investing/apple-aapl-stock-negative-goldman-outlook-iphone-delays

 

[bmneveu]

Re: Apple Guides Lower - Futures Drop

Couple of gaps on the AAPL chart that are lower from here.