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re: Apple is approaching $400....would you buy it before earnings?

Posted on 4/18/13 at 10:49 am to
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 4/18/13 at 10:49 am to
quote:

I see apple kicking arse and taking names, I dont care what analysts or people are saying, buy when there is blood on the streets.


I agree. I see Apple products EVERYWHERE!

BUT, I do not think the stock is based on earnings. It is based on the future. You know, the same way you were contemplating buying Amazon cause the future was so bright.

ETA: Do you think Apple's future is bright? As a very well schooled and intelligent poster once said, Apple died when Steve Jobs did. And he hasn't been wrong, yet.
This post was edited on 4/18/13 at 10:55 am
Posted by LSU0358
Member since Jan 2005
7919 posts
Posted on 4/18/13 at 10:52 am to
quote:

It is based on the future.


We have a winner, I agree 100%. Stocks are bought and sold on what people think is going to happen, not what has already occured.
Posted by C
Houston
Member since Dec 2007
27830 posts
Posted on 4/18/13 at 11:10 am to
quote:

Apple died when Steve Jobs did.


To be fair, I think apple is worth more now than when Jobs died.
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