DaemonPremium
join:2003-06-29
San Francisco, CA Reviews:
 ·Comcast
1 edit | Apple Q1 2012 Earnings out.. holy crap I'll let the numbers speak for themselves: »www.marketwatch.com/story/apple-···12-01-24
Apple stock just jumped 10%, or $40 a share: »www.marketwatch.com/investing/st···est_news (edit: note that I rounded the numbers, they are not precise)
If you'd like to follow a live blog of the earnings call, see: »arstechnica.com/apple/news/2012/···aign=rss
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-Ryan
I use Linux, OS X, iOS and Windows. Let the OS wars die. |
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| Holy crap was exactly what I exclaimed and was going to post here if you didn't. |
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 BellBoySteven Paul Jobs 1955-2011Premium
join:2001-02-20
Los Angeles, CA | reply to Daemon
said by Fortune :
Trading was halted at 4:27 p.m. after Apple's shares had closed at $420.50, down $6.91 (1.62%) for the day. When trading reopened about 25 minutes later, the stock immediate shot up more than $37 (nearly 9%).
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"When the day comes that anyone can bend our country's laws and lawmakers to serve selfish, competitive ends, that day democratic government dies." -- Preston Tucker, June 1948 |
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BellBoySteven Paul Jobs 1955-2011Premium
join:2001-02-20
Los Angeles, CA | reply to Daemon
Since we're all probably thinking it...here:
said by Michael "Farmer In The" Dell :
What would I do? I'd shut it down and give the money back to the shareholders.
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"When the day comes that anyone can bend our country's laws and lawmakers to serve selfish, competitive ends, that day democratic government dies." -- Preston Tucker, June 1948 |
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 ComaThanks StevePremium
join:2001-12-30
NirvanaLand | reply to Daemon
said by Daemon:Apple stock just jumped 10%
It's about time AAPL got some love, to $500 in the next couple of weeks.
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Live from NirvanaLand™ |
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 HiVoltPremium
join:2000-12-28
Toronto, ON
kudos:12
 ·TekSavvy DSL
·TekSavvy Cable
| reply to BellBoy
said by BellBoy:Since we're all probably thinking it...here:
said by Michael "Farmer In The" Dell :
What would I do? I'd shut it down and give the money back to the shareholders.
Ain't gonna happen. They would have done so by now, if they were gonna do it.
They'll just hoard it until the world ends or something. 
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GO LEAFS GO! |
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DaemonPremium
join:2003-06-29
San Francisco, CA Reviews:
·Comcast
| reply to Daemon
Note that Apple's cash holdings are growing faster than their market cap. Apple now has $97.7 billion in cash on hand, with a market cap of ~$400 billion.
If the market continues to contract their P/E ratio and the cash horde keeps growing and growing, at some point it makes sense for the company to take itself private again and keep all of the profits for itself.
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-Ryan
I use Linux, OS X, iOS and Windows. Let the OS wars die. |
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| reply to Daemon
I don't like reminding myself that I once talked with my wife about buying 10K shares of Apple stock at $10/share, I think it was when Scully was still running the place, or maybe right after Jobs took over. |
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 Tex Longhorn45-35Premium,MVM
join:2001-01-05
San Diego, CA
kudos:3 | 10,000 shares split twice equals 40,000 shares @ $450 equals $18,000,000.
EIGHTEEN MILLION
Apple was my first purchase through etrade back in 1999. 15 shares @ $35 was all I could afford. |
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 DeeCPremium
join:2000-09-01
the world
kudos:1 | reply to Daemon
I luv it! I luv it! Congrats to ALL  |
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BellBoySteven Paul Jobs 1955-2011Premium
join:2001-02-20
Los Angeles, CA | reply to Daemon
said by Daemon:Note that Apple's cash holdings are growing faster than their market cap. Apple now has $97.7 billion in cash on hand, with a market cap of ~$400 billion. I think Apple should buy Microsoft.
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"When the day comes that anyone can bend our country's laws and lawmakers to serve selfish, competitive ends, that day democratic government dies." -- Preston Tucker, June 1948 |
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DaemonPremium
join:2003-06-29
San Francisco, CA Reviews:
·Comcast
| reply to howardfine
said by howardfine:I don't like reminding myself that I once talked with my wife about buying 10K shares of Apple stock at $10/share, I think it was when Scully was still running the place, or maybe right after Jobs took over.
I didn't miss a boat that big, but I do remember thinking I should invest in apple when those 'dancing silhouette' iPod ads started exploding on TV everywhere. That was ca. 2004 when apple was ca. $17 a share. Missed that boat, but do feel fortunate I bought my first shares 3 months before the iPhone was introduced to the world.
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-Ryan
I use Linux, OS X, iOS and Windows. Let the OS wars die. |
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ComaThanks StevePremium
join:2001-12-30
NirvanaLand | reply to howardfine
said by howardfine:I don't like reminding myself that I once talked with my wife about buying 10K shares of Apple stock at $10/share, I think it was when Scully was still running the place, or maybe right after Jobs took over.
I started buying into Apple in 2001 at $9.27, this was after Jobs returned. With one split between then and now, I currently have about $350K in the company. With a few shares over the last few years, I have diversified my portfolio and purchased both adjacent properties as investment income.
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Live from NirvanaLand™ |
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HiVoltPremium
join:2000-12-28
Toronto, ON
kudos:12 Reviews:
·TekSavvy DSL
·TekSavvy Cable
| reply to BellBoy
said by BellBoy:I think Apple should buy Microsoft.
Better off buying samsung.
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GO LEAFS GO! |
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 JohnInSJPremium
join:2003-09-22
San Jose, CA
 ·PHONE POWER
·Comcast
| reply to BellBoy
Re: Apple Q1 2012 Earnings out.. holy crap said by BellBoy:I think Apple should buy Microsoft.
They're a little short on cash to do that
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My place : »www.schettino.us |
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 tmpchaosRequiescat in pacePremium,Mod
join:2000-04-28
Hoboken, NJ
·Optimum Online
Host:
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| reply to BellBoy
said by BellBoy:said by Daemon:Note that Apple's cash holdings are growing faster than their market cap. Apple now has $97.7 billion in cash on hand, with a market cap of ~$400 billion. I think Apple should buy Adobe. Fixed that for you.
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***ATMFAQ***DIFAQ***Kitchen Sink*** |
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 J E F FWhatta Ya Think About Dat?Premium
join:2004-04-01
Kitchener, ON
·Rogers Hi-Speed
 ·Rogers Portable ..
·magicjack.com
| reply to Daemon
Should have bought Apple when I could have. Oh well. Was married at the time. Ironically, I had a friend that worked at RIM and back in 1997 or so he bugged me to buy shares, something like $7 at the time...they went up, obviously, and divided a couple times. Would have been rich. (as long as I sold a couple years ago)
These things are a tough call though, who knew that Jobs would bring Apple back from the grave? Hopefully Apple can find another evangelizer...
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If you can't explain it simply, you don't understand it well enough. - Albert Einstein |
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 macsierraBaby NewfoundlandPremium
join:2003-11-30
Minden, NV
·Charter
| said by J E F F:These things are a tough call though, who knew that Jobs would bring Apple back from the grave? Hopefully Apple can find another evangelizer...
No matter how hard everybody in the windows world (including the media) tried to discount apple there was a need out there for an alternate product to windows.
Apple has been getting bad press from all directions the last few years, slave labor etc.. I didn't know all windows laptops and desktops that vastly outnumber apple products were all manufactured in the USA??
Steve did one hell of a job but it's financially dangerous to rotate any large company around one person as none of us are invincible.
IMO, another "evangelizer" is what Apple does not need..
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| reply to Coma
said by Coma:said by howardfine:I don't like reminding myself that I once talked with my wife about buying 10K shares of Apple stock at $10/share, I think it was when Scully was still running the place, or maybe right after Jobs took over.
I started buying into Apple in 2001 at $9.27, this was after Jobs returned. With one split between then and now, I currently have about $350K in the company. With a few shares over the last few years, I have diversified my portfolio and purchased both adjacent properties as investment income. I must have purchased near you. I remember buying 100 shares at 10.80 each in 2001. It was not long before I had 200 after the split. Each time I feel like taking some profit I back off. |
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