You guys see Apple's financials?

MacroGuru · 10-12-2005, 02:08 PM

Apple (NASDAQ:AAPL) reported a profit of $1.34 billion for the year, compared with a profit of $276 million last year.

WOW....nice year...

Makes me kick myself for selling their stock a while ago....

Hurst2112 · 10-12-2005, 02:12 PM

didn't their stock just drop 10 points this morning? points meaning percent. That is what a guy at work told me. It doesn't make sense. People scared of the new releases?

sterlingice · 10-12-2005, 02:13 PM

Yeah- they were expecting even higher sales. Welcome to how the market works- it's not about what you do, it's about how you're perceived.

SI

Galaxy · 10-12-2005, 02:15 PM

Quote:

Originally Posted by sterlingice

Yeah- they were expecting even higher sales. Welcome to how the market works- it's not about what you do, it's about how you're perceived.

SI

Which is why I hate non-dividend stocks.

MacroGuru · 10-12-2005, 02:19 PM

Yeah, but if you play the options properly, you can make the money on either swing, I had the stock to where I could have played the options properly and made a killing.

They have been trending upward for awhile, the stock has built a new resistance, and from all looks it will trend up again.

I am going to keep my eye on it for a bit, just to see....

sabotai · 10-12-2005, 03:01 PM

Quote:

Originally Posted by Hurst2112

didn't their stock just drop 10 points this morning? points meaning percent. That is what a guy at work told me. It doesn't make sense. People scared of the new releases?

Still down, but now it's only down about 4 1/2 percent.

SirFozzie · 10-12-2005, 04:06 PM

Basically, Apple beat THEIR expectations, but the morons who pushed their stock (the analysts) added 30% more to APPLE'S expectations for sales and made it THEIR expectations.. so Apple did better then they thought, and the market punished em for not doing even better.

Nwobhm · 10-12-2005, 04:46 PM

I got in @ $45 about 6 months ago... was thinking of selling if it hit $55, which it approached a few times until yesterday's news.

Galaxy · 10-12-2005, 07:20 PM

Quote:

Originally Posted by indoorsoccersim

Yeah, but if you play the options properly, you can make the money on either swing, I had the stock to where I could have played the options properly and made a killing.

They have been trending upward for awhile, the stock has built a new resistance, and from all looks it will trend up again.

I am going to keep my eye on it for a bit, just to see....

I agree with you, but I never like focusing on just stock price.

SunDevil · 10-12-2005, 10:53 PM

http://www.cnn.com/2005/TECH/ptech/1....ap/index.html

Apple shares closed Wednesday down $2.34, or 4.5 percent, at $49.25 on the Nasdaq Stock Market. In after-hours trading Apple lost 2 cents to $49.20. The shares' 52-week low was $18.83 on December 12, 2004.

I think at $18 dollars only a year ago, it was a good idea to pick some up.

Chubby · 10-12-2005, 11:07 PM

Quote:

Originally Posted by SunDevil

I think at $18 dollars only a year ago, it was a good idea to pick some up.

gee, ya think?

sabotai · 10-14-2005, 01:07 AM

It was up just over 9% today (yesterday for most people reading this) to 53.74. Nice little profit for those who jumped in when it was down in the 40's a few days ago.

MacroGuru · 10-14-2005, 07:38 AM

Where I work, we have a chance to buy into a fund trader that uses the trading system we coach on. Currently, it's sitting at 112% on return, I haven't had a chance to buy into it, but the fundamentals of our program caught apple on the uptrend, and the trader played it on the day trade (If I hear it right) So they made some good money.

timmae · 10-14-2005, 08:53 AM

and I thought it was another thread about fiona... damn.

10-12-2005, 02:12 PM	#2
Hurst2112 College Starter Join Date: Oct 2000 Location: Minneapolis	didn't their stock just drop 10 points this morning? points meaning percent. That is what a guy at work told me. It doesn't make sense. People scared of the new releases? __________________ http://www.myspace.com/longliveanalog Last edited by Hurst2112 : 10-12-2005 at 02:13 PM.

10-12-2005, 02:13 PM	#3
sterlingice Hall Of Famer Join Date: Apr 2002 Location: Back in Houston!	Yeah- they were expecting even higher sales. Welcome to how the market works- it's not about what you do, it's about how you're perceived. SI __________________ Houston Hippopotami, III.3: 20th Anniversary Thread - All former HT players are encouraged to check it out! Janos: "Only America could produce an imbecile of your caliber!" Freakazoid: "That's because we make lots of things better than other people!"

10-12-2005, 02:19 PM	#5
MacroGuru Coordinator Join Date: May 2003 Location: Utah	Yeah, but if you play the options properly, you can make the money on either swing, I had the stock to where I could have played the options properly and made a killing. They have been trending upward for awhile, the stock has built a new resistance, and from all looks it will trend up again. I am going to keep my eye on it for a bit, just to see.... __________________ "forgetting what is in the past, I strive for the future"

10-12-2005, 04:06 PM	#7
SirFozzie Hall Of Famer Join Date: Nov 2000 Location: The State of Insanity	Basically, Apple beat THEIR expectations, but the morons who pushed their stock (the analysts) added 30% more to APPLE'S expectations for sales and made it THEIR expectations.. so Apple did better then they thought, and the market punished em for not doing even better. __________________ Check out Foz's New Video Game Site, An 8-bit Mind in an 8GB world! http://an8bitmind.com

10-14-2005, 07:38 AM	#13
MacroGuru Coordinator Join Date: May 2003 Location: Utah	Where I work, we have a chance to buy into a fund trader that uses the trading system we coach on. Currently, it's sitting at 112% on return, I haven't had a chance to buy into it, but the fundamentals of our program caught apple on the uptrend, and the trader played it on the day trade (If I hear it right) So they made some good money. __________________ "forgetting what is in the past, I strive for the future"

10-12-2005, 04:46 PM	#8
Nwobhm Mascot Join Date: Sep 2002	I got in @ $45 about 6 months ago... was thinking of selling if it hit $55, which it approached a few times until yesterday's news.

10-12-2005, 10:53 PM	#10
SunDevil College Prospect Join Date: Nov 2000 Location: Tempe, AZ	http://www.cnn.com/2005/TECH/ptech/1....ap/index.html Apple shares closed Wednesday down $2.34, or 4.5 percent, at $49.25 on the Nasdaq Stock Market. In after-hours trading Apple lost 2 cents to $49.20. The shares' 52-week low was $18.83 on December 12, 2004. I think at $18 dollars only a year ago, it was a good idea to pick some up.

10-14-2005, 01:07 AM	#12
sabotai General Manager Join Date: Oct 2000 Location: The Satellite of Love	It was up just over 9% today (yesterday for most people reading this) to 53.74. Nice little profit for those who jumped in when it was down in the 40's a few days ago.

10-14-2005, 08:53 AM	#14
timmae College Starter Join Date: Jan 2004 Location: Chicago	and I thought it was another thread about fiona... damn.

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