Apple shares open at new 52 week high

5. c.hack posted on 25 Jan 2012, 09:43 8 5

Oh, yeah, right. The same "Apple is peaking" statement has been made for the past 10 years. There is no sign of an inflection point. If anything, its momentum is accelerating.

8. jmoita2 posted on 25 Jan 2012, 11:12 4 4

Momentum??? Watch out,buddy...these are famous last words,right before you lose your shirt.

11. mctcm posted on 25 Jan 2012, 12:14 1 3

jmoita, exactly. Can anyone say Netflix?

• This comment is posted in response to #8 Show
• This comment is posted in response to #8 Hide

22. ardent1 posted on 25 Jan 2012, 17:49 1 0

Netflix doesn't make high demand consumer electronics products, it's basically a middleman for videos and films.

• This comment is posted in response to #11 Show
• This comment is posted in response to #11 Hide

10. JeffdaBeat posted on 25 Jan 2012, 12:06 6 1

I've gotta agree with you there. We hear that Apple is peaking literally every year and yet their stock continues to grow. As long as people want to own a peice of Apple, their stock will continue to rise. As long as Apple doesn't make a major mistake, they will be just fine.

Funny thing, we never talk about Google peaking...

13. SuperAndroidEvo posted on 25 Jan 2012, 12:45 2 3

It's an observation. They are at an all time high. I say this because Apple is not innovating as they once did. The Apple iPhone 4S is not the next best thing since sliced bread.

Apple's Q4 report said it sold 37 million "iPhones". A HUGE chunk of those "iPhones" were the older & cheaper iPhone 4 & iPhone 3GS. There is going to be some HUGE buyer’s remorse from the people who bought those "iPhones" once the quad-core wave is set loose by Android.

All I am saying is that NO ONE can keep that momentum. & I hope I can cash out before the wave clams down, because it WILL calm down.

14. E.N. posted on 25 Jan 2012, 13:16 3 1

The 4 and iPhone 3GS was definitely a chunk, but I wouldn't say HUGE chunk. The iPhone 4S was by far their best selling phone, which means at least 33 to 50% of all devices sold. And if sales of the 3GS and 4 were so significant, they probably wouldn't have averaged $659/iphone. I don't think there will be huge buyer's remorse when quad core Android phones come out because the next iPhone will be just around the corner. And maybe you should worry about your fellow Android users and buyer's remorse, i.e. Droid Razr Maxx and Galaxy SII vs Nexus. You say Apple is not innovating, but who is? Samsung, Motorla, HTC? No. Just faster processors and bigger screens, not innovation.

Apple sold about 4 million iPhone 4S devices in the first 3 days. Yeah Apple is at an all time high, but they were at an all time high last year and the year before that. The smartphone market is continuously increasing as more people move from feature phones to Android/iOS.

Again, Android users are always looking to the future to make them feel better. There were no quad-core phones out four months ago and there's still none today, so as of now it doesn't matter. Maybe Apple will continue with the momentum, maybe it won't. We don't know.

• This comment is posted in response to #13 Show
• This comment is posted in response to #13 Hide

18. xoutrageousx posted on 25 Jan 2012, 16:01 0 0

holy s**t, I don't think no android can come back from that.

• This comment is posted in response to #14 Show
• This comment is posted in response to #14 Hide

20. ardent1 posted on 25 Jan 2012, 17:13 0 0

Ah hem -- an inflection point per differential calculus is when Apple's price curve changes sign. There has been numerous inflection points during the past ten years+.

http://en.wikipedia.org/wiki/Inflection_point

15. 530gemini posted on 25 Jan 2012, 15:11 2 2

@superandroid. Just tell yourself that Apple just filed bankruptcy. Now go to sleep. You need it :)

3. messiah posted on 25 Jan 2012, 09:37 3 3

lets blame apple for economic crashes.

4. c.hack posted on 25 Jan 2012, 09:41 5 3

Your statement is mindless. The iPhone was released a good year before the recession started. The iPod was a hot product during boom years. The iPad was and is hot despite the recession.

If anything, Apple products are resistant to economic cycles.

7. downphoenix posted on 25 Jan 2012, 10:58 0 0

housing bubble, not recession. Housing Bubble collapsed in 2007. Look it up.

21. ardent1 posted on 25 Jan 2012, 17:38 0 0

If you have access to the internet, you should just look up the data like anyone else.

Using the SP/Cse-Schiller Index, the peak was June or July 2006 (using 10-city or 20-city index, respective) and we still haven't stem the decline to date.

For the 10-city index, the peak was 226.29 for 6/2006 and the latest value was 154.10 for 10/2011

http://www.standardandpoors.com/indices/sp-case-shiller-home-price-indices/en/us/?indexId=spusa-cashpidff--p-us----

• This comment is posted in response to #7 Show
• This comment is posted in response to #7 Hide

6. Paden posted on 25 Jan 2012, 10:36 2 2

Correction: It shows the value Apple products have for people even in times of economic uncertainty.

9. johnny9000 posted on 25 Jan 2012, 11:58 0 1

Correct. I'm not even remotely a Apple fan, but the fact that people are willing to drop down 500+ per ipad and 199 at minimum for a 2 year contract for iphones at the same time gas prices are crazy and the economy is garbage just proves how wonderful Apple markets its products and how well those products are viewed worldwide.

24. EclipseGSX posted on 25 Jan 2012, 17:56 1 0

people are buying ipads instead of paying their mortgage lol

• This comment is posted in response to #9 Show
• This comment is posted in response to #9 Hide

27. itiswhatitis posted on 28 Jan 2012, 15:33 0 0

nothing but the truth!!!!

• This comment is posted in response to #24 Show
• This comment is posted in response to #24 Hide

12. mctcm posted on 25 Jan 2012, 12:16 0 0

The fact of the matter is that during times of inflation, equities are the best investment due to the nature of an expanding currency. This is why the federal reserve targets a range of inflation typically from -2% to 2%. During these times, your savings will devalue, retail & wholesale prices will increase, while equities increase.

Sad days

23. 530gemini posted on 25 Jan 2012, 17:54 0 1

@down. So does Walmart and the 99cents store. Hmmmmm, you think there's a conspiracy going on here? Lol

17. aztaxia12295 posted on 25 Jan 2012, 15:26 1 1

i will tell you google is getting to the top WAY faster than apple.

apple was incepted in 1976 (give or take a couple of years) and google was incepted in 1995-1997

google will get to the top someday but you've been trolling for quite a while, so i wouldn't talk if i were u

just saiyin

19. 530gemini posted on 25 Jan 2012, 16:16 1 2

Then good for google. I hope they do tomorrow so fandroids can stop the hating and could sleep well :)

25. EclipseGSX posted on 25 Jan 2012, 17:57 0 0

haters gonna hate, if it bothers you so much the door is right there, no one makes you read the comment section or make your own comments for that matter :)

• This comment is posted in response to #19 Show
• This comment is posted in response to #19 Hide

26. 530gemini posted on 25 Jan 2012, 18:34 0 0

@eclipse. Oh no, it does not bother me as much as my comments bother you. It actually amuses me on my free time :)

I know that haters like you will always hate, but if you don't want replies from other people, then don't post comments on here. The door is wide open for you as well. Now get out :)

• This comment is posted in response to #25 Show
• This comment is posted in response to #25 Hide