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Vegas Ben  

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  • Apple: The Bottom Has Yet To Be Reached [View article]
    I hope it drops to 440, because I will load up big time, and it will likely never touch 440 ever again after this year.
    May 11, 2013. 10:22 PM | Likes Like |Link to Comment
  • Apple: The Bottom Has Yet To Be Reached [View article]
    "Oh, and by the way, historically Apple declines in 51% of all May periods. The odds just don't favor a long position in Apple at the moment."

    You posted that the average change is 1.76%, which means that the odds actually do favor a long position with annualized May returns of 21.12%, which is far better than any index funds.
    May 11, 2013. 12:59 PM | Likes Like |Link to Comment
  • Apple: The Bottom Has Yet To Be Reached [View article]
    No, the current value would be 243% of the starting value, but when you talk about how much the gain was, you don't include the amount of the starting value as part of the percentage. The 'gain' would be 143%, because he gained only $265, which is 143% of $185.
    May 11, 2013. 12:55 PM | Likes Like |Link to Comment
  • Apple: The Bottom Has Yet To Be Reached [View article]
    "I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours."

    Scared to take your own advice?
    May 10, 2013. 08:25 PM | 2 Likes Like |Link to Comment
  • Apple's Rally Is The Child Of A Deluded Wall Street [View article]
    One more thing, in regards to this:

    " In fact, all this talk about how Apple could save a ton on money by buying back shares on which otherwise it would have to pay the dividend (which has a higher yield than the bonds Apple has just issued), could quickly become bunk if the stock keeps rising."

    Anybody who bought AAPL when it had a 3% yield still gets 3% on their initial investment in addition to the huge increase in stock value.
    May 8, 2013. 12:49 PM | 3 Likes Like |Link to Comment
  • Apple's Rally Is The Child Of A Deluded Wall Street [View article]
    "a buyback has no other purpose than inflating the stock price"

    That statement is not true!!! It is a way to return money to shareholders other than increasing the stock price. By reducing the number of shares, each share represents more earnings. By having a higher EPS, the company can pay a larger dividend in the future.
    It is also a way to increase the value of the company. If a fair price for a stock is a P/E of 12, and you buy the stock at a P/E of 9, then you are getting $1 of value for every 75 cents that you spend, whether you are an investor or a company.


    Also, you asked:
    "I mean, would you rather pay $400 billion for the company "A" with $40 billion of net income and $150 billion in cash, or $400 billion for the company "B" with $40 billion of net income and "only" $100 billion of cash?"

    In Apple's case, I would prefer company 'B', because now my $400 is buying a larger piece of the company at an incredibly cheap price.

    I also bought Apple shares near $400. Was my only purpose to inflate the stock price. No, that is foolish. I was making a smart investment, and that is what Tim and Peter are doing too!
    May 8, 2013. 11:51 AM | 4 Likes Like |Link to Comment
  • Why A Budget iPhone Is A Bad Idea [View article]
    No, because instead of buying an iPhone and an iPad mini, they will only buy the larger iPhone.
    May 7, 2013. 01:10 PM | Likes Like |Link to Comment
  • Why A Budget iPhone Is A Bad Idea [View article]
    You are short on Apple?
    May 6, 2013. 08:11 PM | Likes Like |Link to Comment
  • Why A Budget iPhone Is A Bad Idea [View article]
    Any developer with at least half of a brain would develop for both!
    May 6, 2013. 07:43 PM | 1 Like Like |Link to Comment
  • Why A Budget iPhone Is A Bad Idea [View article]
    Maybe Apple is scared that if they release a 5" phone, then they will lose iPad mini sales.
    May 6, 2013. 03:42 PM | Likes Like |Link to Comment
  • Why A Budget iPhone Is A Bad Idea [View article]
    "Regarding a 5" iPhone, I've heard many complaints about Samsung's 5"-incher. Hard to pull out of one's pocket"

    With a 5" iPhone, people would at least have a choice. If they think they want a larger phone, then they can get the 5-incher. If they decide they don't want it, they can sell it and get the 4-incher instead. I'm pretty sure that many users that think they want a 5-incher would actually be correct and stick with the larger one. It seems like they would be able to easily expand their market share with only a very small increase in overhead.
    May 6, 2013. 03:40 PM | Likes Like |Link to Comment
  • Why A Budget iPhone Is A Bad Idea [View article]
    You shouldn't compare Dell and Apple. Dell suffered because they failed to follow the trends. While Apple was creating innovative with new mobile products, Dell was busy trying to figure out why their business of selling computers at higher prices than everyone else wasn't working out. They didn't offer anything unique unless you count mandatory warranties and decent customer service. Dell has completely failed in the tablet and phone markets. Apple, obviously, has not failed in these markets, and will likely be a leader for many years to come, but it does bother me that they don't seem willing to release a 5" iPhone. I hope they are just throwing us off track and sell two different screen sizes on their next phone.
    May 6, 2013. 02:59 PM | 3 Likes Like |Link to Comment
  • Apple Is Where The Value Is At [View article]
    ManoLive, following the trend would have led to you buying Apple at $700.
    Apr 23, 2013. 07:40 PM | 1 Like Like |Link to Comment
  • Heads: Apple Short Sellers Win, Tails: Apple Shareholders Lose [View article]
    I disagree with you George. News of Dividend increase/share buyback/new products/product refreshes/earnings beat/etc. all could have a very positive effect on this stock. I don't understand why people are underestimating the importance of this quarterly report. The stock could easily swing $20-$30 in either direction depending on what Apple reports.
    Apr 23, 2013. 01:44 PM | 6 Likes Like |Link to Comment
  • The Time Has Come... I'm Buying Apple [View article]
    How do you know that?
    Apr 23, 2013. 12:01 PM | Likes Like |Link to Comment
More on AAPL by Vegas Ben
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