margadagio
Princess
Registered: 04/19/02
Posts: 5942
Loc: Toronto
I blame Market Watch.<br><br>This is what I read today:<br><br>The latest surged in Apple's shares has pushed the stock up 134% for the year and created an impression that, at least for the time being, the company is nearly invincible in the computer and consumer electronics markets.<br><br>If my brain wasn't so muddled by more eating and boozing today I would have clued in. That's my excuse for now. <br><br>
Hey, you get to laugh all the way to the bank. <br><br>Sigh, this thread has given me a serious case of APPL envy. Ha! Bet there was no such a thing five years ago. <br><br><br><br><br><br>[color:blue]I always deserve it. Really.</font color=blue><br><br>
_________________________ I always deserve it. Really.
garyW
mid-century modern
Registered: 04/19/02
Posts: 7053
I'm sure there's some finance jargon that distinguishes between 'return', 'growth' etc., whatever ...a share purchased at $76 becoming $200 is a good thing. Of course if the stock splits Carp will argue that the $200 share is worth more ... and you know, this time I might actually believe him. <br><br><br>
iRock
Livin' on the road my friend
Registered: 05/19/01
Posts: 10169
Loc: Pacific NW, USA
We got in at $32 at first then added a little more at $34. We had $70 shares. It has split twice since. Hubby wants to hang on to it as long as possible.<br><br>oh yeah, that's going in the blog
carp
Dino's are Babe magnets
Registered: 04/19/02
Posts: 27013
Loc: Hawaii
[color:blue]Carp will argue that the $200 share is worth more ... and you know, this time I might actually believe him.</font color=blue> -- Ahhh well you should I think <br><br>Anyway<br>I spent a good part of the day "calculating" irregular shaped hills with irregular sloping conditions <-- So I am kinda brain fried in the math department right now will get back to this 200 buck thing later <br><br>
Pete
www.workwithpete.com
Registered: 06/17/03
Posts: 5996
Loc: United States
I'm totally serious, but unfortunately I didn't buy a heck of a lot. I made enough on it to puff my chest out a bit, but not enough to retire or anything... <br><br>And chances are I'll be leaving my earnings alone anyway. So it's all just Monopoly money until I actually sell it. <br><br><br>[color:purple]Work With ____! </font color=purple>
mojo_jojo
I invented modding!
Registered: 04/25/02
Posts: 2365
Loc: Syracuse, NY
There's only a return when you sell. Apple has yet to pay quarterly dividends back to its shareholders. So, in reality you have not made a gain or realized any of the companies profits. Unlike my personal favorite in the dividend paying category, ExxonMobil. Pays a quarterly dividend back without missing a beat for over 75 years. <br><br>
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