Started By
Message

re: AAPL getting crunched this morning, down almost 6%

Posted on 9/11/13 at 11:27 am to
Posted by LSU0358
Member since Jan 2005
7920 posts
Posted on 9/11/13 at 11:27 am to
I think AAPL has seen it's high for a long time at the 700 area.

The iPhone was a huge invention. Companies don't hit HR's like that on a regular basis.
This post was edited on 9/11/13 at 11:28 am
Posted by C
Houston
Member since Dec 2007
27845 posts
Posted on 9/11/13 at 12:09 pm to
quote:

I think AAPL has seen it's high for a long time at the 700 area.


I agree. It's still the most valuable publically traded company. It doesn't really need to hit home runs. It just needs to sustain profits to maintain its price. If that means selling lower end models to china and india, so be it. Profits will continue to increase from their app store as devices are sold. I don't see it going back to the 300s again but I'll likely buy if it does.

ETA: Nevermind. I just bought back in at 469. This thing is going through the roof again!!! ;)
This post was edited on 9/11/13 at 12:41 pm
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram