Kolek planning to go pro
The reason that the market reacted so strongly to AAPL over the last week is because the market, as a whole, are emotional investors with a weak grasp on technicals. If you take anything that Icahn says seriously, then I'm disappointed in your critical thinking ability. He uses his wealth as a platform to move equities in a direction that's profitable for himself, nothing more.
It's obviously their stock has been in a death spiral since Jobs left. Your method of ignoring dividends seems reasonable. But... care to explain why the stock outperformed the S&P 500, S&P Tech Index, and the Dow Jones US Tech Supersector Index from FYE13 to FYE 15? The starting point is a year after Jobs... the end point is the most recently completed fiscal year... how in the world did crappy AAPL do so well?
C'mon Jaybee, a BS year old chart is your best argument???Serious question, who much money do you have to lose before you re-think your position?Here the same chart updated through yesterday.Total return (incl dividends) since 9.21.2012 (iphone5 release)Apple Stock = 0.79%S&P 500 = 52.60%Info Tech Sector = 46.04%
Factor in the dividends please
Factor in the dividends pleaseApple pays a healthy one, that's real money. They're also going to buyback a crap ton of their stock with the money they have on hand, which is going to drive the stock up. As an Apple stock holder, I'm pleased, but I've been in the stock for a long time.http://www.dividend.com/news/2016/04/29/apple-increases-dividend-10-raises-stock-buyback-by-35-billion/
(incl dividends) = including dividends. They are already factored into the performance shown for that time period. Price performance alone it is down 5% cumulative, not up the 0.79% that Heisenberg references. Argue with the period selected for analysis if you want, but those #'s are accurate.
C'mon Jaybee, a BS year old chart is your best argument???Serious question, who much money do you have to lose before you re-think your position?[/qoute]No, I could use a a TWO-WEEK OLD chart... who (sic) much money do I have to lose before I re-think (sic) my position? Who said I'm in AAPL? (I have no positions in AAPL.)
First off, the iPhone 5 was announced on 9/12/2012. I would have used that date, as that starts the run up to the stock...the release date the upside is already built in. The annualized return, including dividends, of AAPL stock purchased on 9/12/2012 is 2.19% (assumes DRIP). 1.44% without DRIP.Your total gain would have been 5.33%
Below is the same chart as above starting on September 12, 2012 (the announcement date versus the release date of Sept 21)Total Return (Including Dividends) September 12, 2012 to April 29, 2016Apple Stock = 5.33%S&P 500 = 55.16%S&P 500 Tech Index = 49.23%
'Go to April 15, 2016 and you get 23.44%, a''inal?
vs. what performance for the overall market & sector? Heisenberg is correct to show AAPL performance relative to broader market alternatives, it is highly relevant information.
Substantially the same as above.. it was 2 weeks. AAPL happened to have dropped almost 20% in that time period.
Okay, so it still lagged fairly significantly.
Heisenb's claim was that it's done nothing (actually gone down) because of a series of bad events since Jobs left. The reality is it's been up over 20% until 2 weeks ago, and still up even after the (relatively) poor earnings release.
If 82 is right it is now an income stock, it is too expensive. It still has a valuation of a growth company.
AAPL's current EV/EBITDA says this to you?
AAPL is one of my smaller holdings. It has become more of an income play than a growth play, which is fine because I primarily invest in dividend growth companies.I'm not planning to sell as I'm largely a buy-and-hold investor and it's still an outstanding, profitable company with a growing dividend.I'm not buying any more right now, but maybe I should ... I think DIS is up about 15% since Heisy's "death of Disney" post!
Depends on what you think revenues are going to do? Are they going to keep falling (yes falling) like they have ove rhet last year? If so, it's very expensive. Are they going to stabilize? If so, why (because you need them too?)----I'll ask again, how much money do you have to lose before you stop getting angry, rationalizing and re-assess?
Heisey's larger point is that it really hasn't done anything all that innovative for quite a while. And I think that is a pretty accurate assessment. More of a value / income stock than a growth one.
This I would agree with, but a company with that much capital is going to do big things again. If you got in 2010, you did 171%. Along the way, the stock split, the dividends rolled and the value per share exploded. Timing is everything. Yes, it's taken a hit the last two weeks, I know I'm not bailing. Tons of money, buying back stocks, increasing the dividend 10%, they will invest in new technologies and\or buy out successful companies if need be.
Ancient history as that all stop in 2012. They have done nothing since. No new products (save the bust of the watch and music) and only wishful thinking that they have something coming.Need to show Tim Cook the door. He is the male version of Marissa Meyer (Yahoo CEO).