1. #1
    bettilimbroke999
    bettilimbroke999's Avatar Become A Pro!
    Join Date: 02-04-08
    Posts: 13,255
    Betpoints: 506

    Has Apple stock maxed out?

    The Asian markets are in the shitter and its near absolute dominance of the high end smartphone market in the US and Europe is complete....the fact is everyone who is willing to sign some unreal soul-selling multi-year contract with horribly high fees to own one has done so.

    Latin America/South America and most of the world cant afford the Iphone and will be virtually immovable from Android phones that do just about as much for an 1/8 to 1/4 of the price of an Iphone....only Europe and Asia can afford 800 cell phones and both economies specifically Asia's are in the tank and the European market has already been well exposed to the Iphone (about as much as the US has) in those western and central European countries that can actually afford them.

    Aapl will open today at their lowest price in the past 52 weeks ($103)....down 22% from $132 (July 20th) in just the last 5 1/2 months....imo Aapl has simply monopolized the super high-end cell phone market as much as it can be monopolized and 700 billion market valuation for near total dominance is about all that monopolization is possibly worth....is there anyway Aapl breaks the 130 (700 bil valuation and becomes the first trillion dollar company?)...I dont think so. Most android based smartphone manufacturers are struggling to make any profit whatsoever and the likelihood of them switching more 100 phone buyers into 800 phone buyers is slim....its like the likelihood of switchin a 300 TV buyer into a 2400 TV buyer...thats just tough to do this far down the line...unless the Asian economy does some miraculous economy opening up a large less Iphone dominated economy I see no way this stock goes over 130 in the foreseeable future and could easily see in the current global economic crisis it continuing down to 70 or 60 in a year.

    They've gone from over 700 bil (132/share) to 580 bil (103/share) valuation in the past 5 1/2 months where do u see Aapl in a year?

    What do you think?

  2. #2
    TheMoneyShot
    TheMoneyShot's Avatar SBR PRO
    Join Date: 02-14-07
    Posts: 27,661
    Betpoints: 12

    Perhaps just simply inflated? Overpriced? Maybe it's corrected now?
    175 pts

    3-QUESTION
    SBR TRIVIA WINNER 12/01/2022

    175 pts

    3-QUESTION
    SBR TRIVIA WINNER 11/28/2022


  3. #3
    grease lightnin
    &
    grease lightnin's Avatar SBR PRO
    Join Date: 10-01-12
    Posts: 16,021
    Betpoints: 2571

    Apple cars suhn

  4. #4
    Russian Rocket
    Kleptoman
    Russian Rocket's Avatar Become A Pro!
    Join Date: 09-02-12
    Posts: 44,560
    Betpoints: 530

    Apple a day keeps the doctor away suhn

  5. #5
    CappinTerp
    CappinTerp's Avatar Become A Pro!
    Join Date: 11-26-09
    Posts: 9,633
    Betpoints: 347

    Two things when it comes to speculation : #1) there will always be up and downs #2) It's never too high to buy and never too low to sell! (Follow the path of least resistance .)

  6. #6
    Iwinyourmoney
    IWIN.........IN!
    Iwinyourmoney's Avatar Become A Pro!
    Join Date: 04-18-07
    Posts: 18,368
    Betpoints: 697

    Since the stock split it just bounces back and forth a couple bucks

  7. #7
    jjgold
    Update your status
    jjgold's Avatar SBR PRO
    Join Date: 07-20-05
    Posts: 392,846
    Betpoints: 1168

    If you think you can figure out the stock market you have another thought coming

    Very hard to make money in it anymore

  8. #8
    rkelly110
    rkelly110's Avatar SBR PRO
    Join Date: 10-05-09
    Posts: 37,894
    Betpoints: 9762

    Wait for a double bottom and jump on it on the way up.

    People seem to have more money than brains. Waiting in lines outside to get a 6.1 phone? WTF?

  9. #9
    bettilimbroke999
    bettilimbroke999's Avatar Become A Pro!
    Join Date: 02-04-08
    Posts: 13,255
    Betpoints: 506

    Well certainly Apple will continue to produce profit rkelly...your company aint worth 580 billion bc you breakeven lol....but to have its stock continue back to 130/share and up it has to be INCREASING its current sales....to me Apple is already at the stage of total monopolization of the super high-end smartphone market....pretty much everyone who wants one and can afford one has got one and everyone who doesn't want one or can't afford one has an Android-based phone....I mean for penetrates sakes we're heading towards Iphone 7

    Shelling out 1000 bucks for large quantities of Iphones in newer markets like China where the Iphone can possibly be marketed is unlikely given the economic crisis there and the fact that the vast majority of their population is broke....the fact is other than the Ipod/Iphone (basically an Ipod + smartphone) Apple makes nothing that actually turns a profit....its estimated nearly 80% of their profits come from the Iphone alone, Iphone/Ipad/Ipod which are pretty much all the same technology (just w/or wout phone capability) account for 93% of their profits....remember the Iwatch that flopped for billions....yea nobody even cared bc the Iphone makes so much money but in analyzing the market I dont see how they are going to move Iphones at a greater rate than they are currently and in the midst of a global recession expand sales it is much more likely that sales of these super high cost phones could decline...I believe they have maxed out the market and all that's left is to watch their stock decline until it settles on a static figure....based on sales/net profits without speculation for increasing sales.

    That's my 2 cents
    Last edited by bettilimbroke999; 01-04-16 at 05:41 PM.

  10. #10
    bettilimbroke999
    bettilimbroke999's Avatar Become A Pro!
    Join Date: 02-04-08
    Posts: 13,255
    Betpoints: 506

    Apple announced today they are cutting Iphone 6S production by 30% as sales lag....for Apple investors the truth is simply this...its over....if you invested in Apple 15...10...or 5 years ago you made a very wise or lucky investment but its time to cashout....if you invest now there's almost nowhere to go but down.

  11. #11
    jjgold
    Update your status
    jjgold's Avatar SBR PRO
    Join Date: 07-20-05
    Posts: 392,846
    Betpoints: 1168

    You'll never get buried but you'll never make a lot of money either so what do you do then ?

    Netflix?

    Amazon?

  12. #12
    bettilimbroke999
    bettilimbroke999's Avatar Become A Pro!
    Join Date: 02-04-08
    Posts: 13,255
    Betpoints: 506

    Quote Originally Posted by jjgold View Post
    You'll never get buried but you'll never make a lot of money either so what do you do then ?

    Netflix?

    Amazon?
    Well you're never gonna make ANY money sportsbetting and will likely get buried so I guess it's the lesser of two evils....truth is there are ppl who makes millions and millions on the stock market all ya needs a golf buddy to provide ya those earnings reports ahead of release but we all know no one would ever do something like that ....the upper management of these companies are pillars of morality in the business world all day long while snorting coke off a hookers ass in their multi-million dollar homes every night

    Ya also would have to find the company that is the "future" to have any chance of making a great profit of course and for every Apple there are 500 bankrupts so that's much easier said than done
    Last edited by bettilimbroke999; 01-06-16 at 07:21 PM.

  13. #13
    jjgold
    Update your status
    jjgold's Avatar SBR PRO
    Join Date: 07-20-05
    Posts: 392,846
    Betpoints: 1168

    Stock Market is tough too

    Most lose especially the daily, weekly and monthly players

Top