That's one big reason why they split the stock. Now people can buy more shares. At over $800.00 pre-split many could not even buy one share with their quarterly dividend.
Yet another moron that doesn't know what the "law of large numbers" means.
You will ultimately loose your shirt trading weeklies. Buy leaps on Apple and roll them 6 months before they expire and you will make a lot of money as I have.
I have more money in my money market account than your entire net worth. Go away.
That was a prophecy fulfilled by countless moron like Blodgett that were calling for margin compression that did not happen.
Blodgett is a moron. He was run out of Wall Street on a rail for lying to clients in his research. Anyone who has been calling for Apple's margins to contract due to commoditization is a abject moron and has be completely wrong for years.
One thing I have learned after 25 years of successful investing is once the market thinks it can predict what is going to happen, the opposite happens. Last year was a selloff on fiscal q1 and the market believes that will happen again. That is why it won't.
I just cannot understand why Apple currently sells at a discount to big tech and the broader market when consensus has Apple pegged at 25% and 20% respectively. Apple should be selling at 15-20 times trailing earnings. This is what worries me about the consensus rising and the stock still 5% off its November high.
I think not.
I don't want targets raised. I want them low going into earnings. I want the targets raised after earnings, not before.
Amazing how actual intelligent posts like this get such little interest on this board. Not surprising given the amount of trolls and morons, however.
If you knew anything about Jesus you would know not to pass judgement on others.