Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Apple?
Old 08-24-2011, 09:52 PM   #1
Thinks s/he gets paid by the post
 
Join Date: Jul 2003
Location: Pasadena CA
Posts: 2,487
Apple?

Is Apple really worth less without Jobs in daily command? Sitting on a lot of cash and good products. Very profitable. I suppose it will have to go down, at least relatively, sometime but near term still looks good. What would the stock have to drop to to be a buy?
__________________

__________________
“There are only two ways to live your life. One is as though nothing is a miracle. The
other is as though everything is a miracle.” - Albert Einstein
yakers is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 08-24-2011, 09:55 PM   #2
Thinks s/he gets paid by the post
harley's Avatar
 
Join Date: May 2008
Location: MD's Eastern Shore
Posts: 3,854
I've had a limit order in for $350 for a couple of weeks. I don't see any reason to change it just because some guy retires. It's been a bottom scraping order. Maybe I'll get lucky. It's in a Roth that I'm going to use for a little hormonal reconditioning, a la Uncle Mick.
__________________

__________________
Always carry a flagon of whiskey in case of snakebite and furthermore always carry a small snake. - W. C. Fields.
DW and I - FIREd at 50 (7/06), living off assets
harley is offline   Reply With Quote
Old 08-25-2011, 08:10 AM   #3
Recycles dryer sheets
 
Join Date: May 2007
Posts: 334
In doing my analysis AAPL has consistently been underpriced, so I think that the question of Job's health has been factored in for several years.
__________________
novaman is offline   Reply With Quote
Old 08-25-2011, 08:14 AM   #4
Thinks s/he gets paid by the post
harley's Avatar
 
Join Date: May 2008
Location: MD's Eastern Shore
Posts: 3,854
doesn't look like I'm going to get my cheap buy in. Last night AAPL futures were at 356, but I just checked and it's currently trading at 370. Oh well, a swing and a miss.
__________________
Always carry a flagon of whiskey in case of snakebite and furthermore always carry a small snake. - W. C. Fields.
DW and I - FIREd at 50 (7/06), living off assets
harley is offline   Reply With Quote
Old 08-25-2011, 08:56 AM   #5
Thinks s/he gets paid by the post
 
Join Date: Jun 2010
Location: France
Posts: 1,137
Last time I checked they (literally) had more cash than the US Government, and Jobs hasn't been in day-to-day charge for some time.

I do find the tone of some of the press articles rather "obituary-like" for a man who is "only" going to be chairman of this enormous company. I wonder if they don't maybe have a tip that he doesn't have a lot of time left - pancreatic cancer is one of the ones you *really* don't want to get. I remember Charles M. Schulz and Alistair Cooke(*) both retiring about a week before they died.
__________________
Age 53, retired July 1, 2012; DW is 56 and working for 4 more years. Current portfolio is 1700K split 50 stocks/15 bonds/35 cash. Renting house, no debts.
BigNick is offline   Reply With Quote
Old 08-25-2011, 09:34 AM   #6
Thinks s/he gets paid by the post
Brat's Avatar
 
Join Date: Feb 2004
Location: Portland, Oregon
Posts: 4,889
Job's health issues have been known for a long time. It is my opinion that he has exhausted treatment options and has been told that his time is very short. Often the medications at this stage diminish the capacity to exercise executive functions and he needed make the transition that has been in process for some time official.

Job's leadership and sense of style is what made Apple great. Doubtless he knew that he would need to pass the candle to others soon and has tried to find others to continue his legacy.
__________________
Duck bjorn.
Brat is offline   Reply With Quote
Old 08-25-2011, 09:50 AM   #7
Recycles dryer sheets
 
Join Date: Sep 2007
Posts: 376
I think in the early days, Jobs' presence and persona were a stronger driver of Apple's success. The company survived thanks to a "fanboy" dedication of a cohort of self-described "nerds" who loved the niche aspect of the brand, and how identifiable Jobs was.

However, in recent years, I think the importance of that segment of Apple customers has been severely diminished. Quite frankly, they're simply grossly outnumbered. Now that Apple has gone mainstream, its customers include a much broader swath of society. Specifically, people who never really cared who was running the show, or about the history of the company. They just thought iPods were "cool."
__________________

__________________
kombat is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
AAPL LightningDawg Other topics 31 08-24-2011 08:44 PM
Fake Apple store in China tmm99 Other topics 2 07-25-2011 01:49 PM
CSCO, Anyone Buying James5v Stock Picking (Individual Security Analysis) 13 06-29-2011 07:35 PM

 

 
All times are GMT -6. The time now is 06:59 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2014, vBulletin Solutions, Inc.

Early Retirement News right to your Email!

Stay up-to-date with all the latest news to your inbox!

unsusbcribe at anytime with one click

Close [X]