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

Posted on 4/17/13 at 1:41 pm to
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 4/17/13 at 1:41 pm to
Buy Low, Sell High......catching apple here is pretty damn low

itunes= $15,000/min profit

apple's horrible 2012 4th quarter = $13B in profit and the most any company has ever brought in 1 quarter....ever.....does that sound like a suffering company?

This honestly reeks of manipulation ala gold/silver and some people are about to go long and make a ton of money. Apple has a certain je ne sais quoi about it where I would never switch brands at this point with laptops,phones, etc.....theyre products are awesome and they work so well. I've been through 3 HP,Dell computers at work in the last 2 years and my MB pro at home has been running like a gem for a few years, its amazing. Im not trying to be a fan boy, but they have good products and a decline in profit from $13B to $10B is still a damn amazing quarter haha
This post was edited on 4/17/13 at 1:42 pm
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 4/17/13 at 1:45 pm to
As stated before, I do not think it is about earnings with them. It is about innovation.
Posted by LSU0358
Member since Jan 2005
7920 posts
Posted on 4/17/13 at 1:55 pm to
quote:

does that sound like a suffering company?


I'm not saying the company is suffering. I'm saying there price action over the last 6 months does not look like a stock that is going to go up.

There is a difference.
Posted by LSUTOM07
Baton Rouge
Member since Dec 2011
765 posts
Posted on 4/17/13 at 2:21 pm to
quote:

This honestly reeks of manipulation ala gold/silver and some people are about to go long and make a ton of money.


I'm also thinking this is the case. I added more AAPL, SLW (silver), and NEM (gold) today. I'm going to test the "buy when others are fearful" advice.
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