Hmm, What Is Apple Doing?


#2232

Manch is a newbie investor who happened to get lucky with the boom from last year. He has a long way to go…


#2233

Still cheap at $202


#2234

Universal unbridled enthusiasm? Smells more trouble to me. :smile:

Before you parrot the line “services is the future”, look at how much Apple make on hardware sales vs how much on services. Also, Apple is anti-ads so it won’t monetize its services thru ads. iMessage is more a sales tool for iPhones than messenger/WhatsApp/wechat are real businesses to Facebook and Tencent.


#2235

Buffet will keep buying at $200. Pretty much a floor


#2236

For your children’s sake, get some index fund and AAPL, both provide passive income (dividends). As for iMessage, I am disappointed that Apple is not monetizing FB’s WhatsApp/Messenger competitor.


#2237

IIRC, Tim Cook said Apple is going to be service industry and stopped give iPhone products sale. This means, they are likely to enter services.

Apple is also monetizing using google search engine for which they get royalty from google. In short, google gets paid for ads and share the royalty to Apple . Here you see…

Btw: I heavily purchased Apple just little above TSLA amount, trying to hold as much as I can. The future income stream from Apple is excellent.

Anyway, this is my last update on Apple.


#2238

#2239

Both long term and short term charts show strong support at $195-$200. So if you haven’t bought using GTC below $200, you might have to wait for the next buying opportunity (5th chance) or just buy here :slight_smile: It is possible that the Santa Claus rally, today could be the start of that well documented rally, could push AAPL to a new ATH i.e. > $233.


#2240

Hmmm, interesting… if this is decent and cool, maybe time to move to the other camp…


#2241

Thanks giving sale was over with double bottom (10/11/2018 and 10/24/2018). As expected, stock rally after election certainty.

The next fall is after FED increases (if it does) Dec rate hike as it comes to year-end stock tax loss harvesting period.

Until then, stocks continue to go up (with normal ups and downs).


#2242

Time to upgrade your iPhone Yoda; Walmart offers $300 gift card with the latest model:


#2243

Upgrade every 4 years for individual, once a year for the family, not my turn, my wife got the XS.

Will we get another chance at below $200 price?


#2244

Never say never.


#2245

Waiting to buy?


#2246

I might swap my stale biotech stock with this. Will see.


#2247

Around 200-day SMA, $193-$195.
Stock guru JIL said within 10% is good enough, now is about 3-5% above the possible low, so is ok to scale in now.


#2248

52w low is 150. Don’t give in to temptation. :smiling_imp:


#2249

That’s why I’m swapping stocks and not putting new money in for this one. It’s replacing my underdog.


#2250

Replacing one underdog with another underdog? :smiling_imp:


#2251

How are your China stocks doing? The ones you bought back earlier this week? :wink: