Comments on: Invested In All Things Apple http://www.red-sweater.com/blog/425/invested-in-all-things-apple Mac & Technology Writings by Daniel Jalkut Sun, 20 Jul 2008 15:21:54 +0000 http://wordpress.org/?v=2.6 By: Tom B http://www.red-sweater.com/blog/425/invested-in-all-things-apple#comment-134171 Tom B Wed, 24 Oct 2007 20:23:01 +0000 http://www.red-sweater.com/blog/425/invested-in-all-things-apple#comment-134171 I have a chunk I bought at $18-ish and a chunk I bought in the slump post iPhone announcement (March) at $85-ish. The latter chunk represented the bulk of my Roth IRA. I am heartened that Otellini (Intel CEO) loves his two iPhones and the MacBook Pro he uses at home. It is only a matter of time before people figure out that Macs are great for home AND in the office. Market share for the Mac is increasing, but it could start to really take off if CEO's start wanting Macs in the workplace. I have a chunk I bought at $18-ish and a chunk I bought in the slump post iPhone announcement (March) at $85-ish. The latter chunk represented the bulk of my Roth IRA.

I am heartened that Otellini (Intel CEO) loves his two iPhones and the MacBook Pro he uses at home. It is only a matter of time before people figure out that Macs are great for home AND in the office. Market share for the Mac is increasing, but it could start to really take off if CEO’s start wanting Macs in the workplace.

]]> By: Kevin http://www.red-sweater.com/blog/425/invested-in-all-things-apple#comment-134169 Kevin Wed, 24 Oct 2007 17:17:35 +0000 http://www.red-sweater.com/blog/425/invested-in-all-things-apple#comment-134169 I've only been using the Mac since February, but about two months later I decided to buy some AAPL too. I had such an amazing experience with my first Mac (Macbook) and iPod Nano that I thought enough about the company to not only use its products, but to invest my retirement in it. Needless to say, an 80% gain later and I'm glad I did. @ClusterFsck: I'm not a hard core investor, but I like to invest in products I use. The reason I bought AAPL was because I thought so highly of the products they create. I don't do this will all my investments, but when you truly care about a product (and don't ignore the financials) then I think it's OK to invest in that company. I work in a heavy MS shop for a Fortune 500 company. While we all use Windows at work, there is an increasing number of us that have bought Macs for home use. Just this year alone, I know of at least 4 others who have bought Macs. This may not sound like much, but I've talked to another 10+ that have said they are seriously considering the switch when their current PC is replaced. Not to mention all the iPod buds I see while walking around! Apple is probably the strongest it has ever been and the trend is only growing. I’ve only been using the Mac since February, but about two months later I decided to buy some AAPL too. I had such an amazing experience with my first Mac (Macbook) and iPod Nano that I thought enough about the company to not only use its products, but to invest my retirement in it. Needless to say, an 80% gain later and I’m glad I did.

@ClusterFsck: I’m not a hard core investor, but I like to invest in products I use. The reason I bought AAPL was because I thought so highly of the products they create. I don’t do this will all my investments, but when you truly care about a product (and don’t ignore the financials) then I think it’s OK to invest in that company.

I work in a heavy MS shop for a Fortune 500 company. While we all use Windows at work, there is an increasing number of us that have bought Macs for home use. Just this year alone, I know of at least 4 others who have bought Macs. This may not sound like much, but I’ve talked to another 10+ that have said they are seriously considering the switch when their current PC is replaced. Not to mention all the iPod buds I see while walking around! Apple is probably the strongest it has ever been and the trend is only growing.

]]> By: ClusterFsck http://www.red-sweater.com/blog/425/invested-in-all-things-apple#comment-134163 ClusterFsck Wed, 24 Oct 2007 14:07:13 +0000 http://www.red-sweater.com/blog/425/invested-in-all-things-apple#comment-134163 I had a modest amount of AAPL stock that I bought around '97 for about $12/share. I sold it all a few years back because I was convinced that I was too emotional about my investment (investing mistake numero uno according to Street guys) and that market shapers still believed, at time, Apple was destined to be a minority technology player. I sold it for a nice profit and plowed the earnings into the rest of my retirement portfolio. Of course in retrospect I'd never have sold it, but it did teach me a good lesson about how to balance emotions with rational investing. Hopefully it'll split again and I'll have another buying opportunity. I had a modest amount of AAPL stock that I bought around ‘97 for about $12/share. I sold it all a few years back because I was convinced that I was too emotional about my investment (investing mistake numero uno according to Street guys) and that market shapers still believed, at time, Apple was destined to be a minority technology player. I sold it for a nice profit and plowed the earnings into the rest of my retirement portfolio. Of course in retrospect I’d never have sold it, but it did teach me a good lesson about how to balance emotions with rational investing. Hopefully it’ll split again and I’ll have another buying opportunity.

]]> By: StuFF mc http://www.red-sweater.com/blog/425/invested-in-all-things-apple#comment-134160 StuFF mc Wed, 24 Oct 2007 08:20:41 +0000 http://www.red-sweater.com/blog/425/invested-in-all-things-apple#comment-134160 I bought some at 12 or some at 17, back in 2003... I had to sold some (just over the half) to pay a part of my house. I did not want to sell them all (tough I could have need it) because I had an amazingly good feeling about the iPhone, and I was right ! Celebraaaate ;) I bought some at 12 or some at 17, back in 2003… I had to sold some (just over the half) to pay a part of my house. I did not want to sell them all (tough I could have need it) because I had an amazingly good feeling about the iPhone, and I was right ! Celebraaaate ;)

]]> By: Richard http://www.red-sweater.com/blog/425/invested-in-all-things-apple#comment-134158 Richard Wed, 24 Oct 2007 04:09:50 +0000 http://www.red-sweater.com/blog/425/invested-in-all-things-apple#comment-134158 My basis is about $7 so I'm feeling good too. And I'm in it for the very long haul, this climb is just beginning. However, if I had to choose between high stock price and growing Macintosh market share I'd choose Macintosh market share every time. I think it's great that Apple got into consumer electronics, no one can do it better (including Sony) but the Macintosh is the center of my life and its viability is worth more to me than money. The good news is that this Q report gave us both: Mac market share increase and stock price increase partly because of it. I like that. My basis is about $7 so I’m feeling good too. And I’m in it for the very long haul, this climb is just beginning.

However, if I had to choose between high stock price and growing Macintosh market share I’d choose Macintosh market share every time. I think it’s great that Apple got into consumer electronics, no one can do it better (including Sony) but the Macintosh is the center of my life and its viability is worth more to me than money.

The good news is that this Q report gave us both: Mac market share increase and stock price increase partly because of it. I like that.

]]> By: Brooke G http://www.red-sweater.com/blog/425/invested-in-all-things-apple#comment-134156 Brooke G Wed, 24 Oct 2007 01:14:55 +0000 http://www.red-sweater.com/blog/425/invested-in-all-things-apple#comment-134156 I bought at $16. I am sooooooooooooooooooooooooooooooooooooooooooooooooooooooooo happy. I bought at $16.

I am sooooooooooooooooooooooooooooooooooooooooooooooooooooooooo

happy.

]]> By: DaveD http://www.red-sweater.com/blog/425/invested-in-all-things-apple#comment-134154 DaveD Tue, 23 Oct 2007 22:48:23 +0000 http://www.red-sweater.com/blog/425/invested-in-all-things-apple#comment-134154 Latest after-hours quote at 6:46pm EDT... bid is 183.70, ask 183.75. If you are long AAPL (like me), you should never give much concern to off-hours trading. Long and staying long, with a dollar-cost average of ~39. Latest after-hours quote at 6:46pm EDT… bid is 183.70, ask 183.75.

If you are long AAPL (like me), you should never give much concern to off-hours trading.

Long and staying long, with a dollar-cost average of ~39.

]]>