Apple’s stock hits a split-adjusted record high
0. phoneArena 19 Aug 2014, 18:35 posted on
If you were an Apple shareholder of record this past spring, you saw your holdings multiply by seven as...
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1. magnanimus (Posts: 390; Member since: 29 Mar 2013)
I knew these would happen XD. Apple this year has undergone such big changes (iOS 8 and bigger iPhone) its pleasing even me an android fan :)
2. darkkjedii (Posts: 14764; Member since: 05 Feb 2011)
Man, I wish I had a few of Icahns shares. Dudes got bank.
3. iLegend (Posts: 41; Member since: 05 Jun 2013)
where are the haters..?? They will not show up on the good articles about apple.
5. hurrycanger (Posts: 1493; Member since: 01 Dec 2013)
Can't say anything about it when there is not really anything bad to say about it. xD
6. Finalflash (Posts: 2100; Member since: 23 Jul 2013)
lol this isn't good news for you or anyone else? I don't get how their stock price going up benefits you, unless you own a few thousand Apple shares (which I doubt the readership here does). But, if you haven't noticed, after Jobs' death, this is where all of Apple's innovations have been focused. Even during conference calls Jobs never really talked about money but products. Now it is all money and stocks and dividends, because that is where Tim Cook's wizardry lies. I can name on one hand what Apple is making that really anyone is excited about, watch (done already), larger phone (done already) and phablet (done already). Comparatively, if you look at Google, there are a half a hundred different things they are using their money for that will change lives in the future (self driving cars, fiber to kill monopolies, asteroid mining, internet balloons, etc.). This while Apple is solely now aiming to milk money out of as many idiots as possible (sapphire, make it more breakable and unrepairable by anyone but Apple).
Also, I see that now the entire Apple fanbase pride revolves around Apple's financials (concerning objective advantages). It is just sad to see the fanboyism get that bad where all the people calling them iZombies or whatever actually have merit in their argument. Apple making money is good if they spend it on the future of their loyal customers....they're not. It is all about stock value and paying off wealthy shareholders. 1 billion was thrown at sapphire research/production (which is largely going to help Apple milk more) and about 100 billion has been thrown at investors so far (like the ever helpful iCahn). this is just getting ridiculous that Apple fans are now literally praising their own detriments. Oh well, no one said they were smart, and they are hell bent on proving they aren't.
7. mrochester (Posts: 293; Member since: 17 Aug 2014)
You or I know absolutely nothing about what Apple has planned for the future, so there's no point in pretending you have some sort of insight. If you hadn't noticed, Apple doesn't announce to the world what they are working on or what products they have planned for the future and only a fool underestimates the influence and reach that Apple has.
Personally I praise Apple for making great products, and I hope that they continue to do so.
4. 0xFFFF (Posts: 3806; Member since: 16 Apr 2014)
"where are the haters..?? They will not show up on the good articles about apple."
What's the point? Apple makes a lot of profit. No iFan really questions what that really means. All the iFans do is wave the pom poms.
8. mrochester (Posts: 293; Member since: 17 Aug 2014)
I certainly don't wave pom poms, but I do certainly believe Apple deserves every penny of profit that they make. If you work hard and make great products, I don't see why you shouldn't be rewarded handsomely for it.