Filed under: Apple Financial, Apple
Motley Fool declares Apple stock of 2008
Will 2008 be the year of Apple? I thought 2007 was the year of Apple (and before that 2006 wasn't too shabby as I recall), but it would seem that those foolish stock dudes over at The Motley Fool think that Apple stock will be the stock to have in 2008. They point out Apple's aggressive, and successful, retail growth, the iPod and iPhone, and rumors of movie rentals in iTunes as reasons to be bullish about Apple. Not to mention that people actually like Leopard (no offense, Vista, you are trying pretty hard and we appreciate it!).I, personally, do not own a single share of Apple but I wonder how many TUAW readers out there are shareholders. Sound off in the comments.
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Reader Comments (Page 1 of 2)
mentalsticks said 4:35PM on 12-31-2007
The Motley fools are just that: fools. they recommend hundreds and hundreds of stocks, so some of them are bound to make a big hit. After which they make a big deal out of the fact that they recommended it way back when. Sure, but conveniently, they never again mention the 99 stocks that flatlined.
That said, in this case I think they're right.
(insert "hope" for "think")
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mentalsticks said 4:35PM on 12-31-2007
The Motley fools are just that: fools. they recommend hundreds and hundreds of stocks, so some of them are bound to make a big hit. After which they make a big deal out of the fact that they recommended it way back when. Sure, but conveniently, they never again mention the 99 stocks that flatlined.
That said, in this case I think they're right.
(insert "hope" for "think")
Reply
moo083 said 4:37PM on 12-31-2007
I own quite a bit of stock. In fact, Apple has made me quite a bit of money. When I was younger, my dad invested about $20,000 of my savings into Apple. We bought the stock the day after Apple announced they would have some not so hot figures at the conference the next day and the stock dived by 50%. Thanks to Apple doing VERY well, I quintupled my money! And I've almost doubled my money recently. I never feel guilty giving Apple my money because they have made me much more money than I have ever spent on them.
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Tom said 5:31PM on 12-31-2007
yes sir, i had 30k of apple options in october and would have made 18k on that if i had sold at open, but i put in a limit sell immediately and the price was falling for the options
by the time the sell finally went through i only made 11k on it because i finally switched to market (at current price), so i lost 7k because of seconds
either way, more than i've spent on their products,
Seth A said 4:47PM on 12-31-2007
We have a good amount of Apple stock, most purchased back 5 or so years ago when Apple was batting in the $10-$20 ballpark. And boy have we made a killing, matter of fact, I am typing on a Laptop you could say Apple bought for us. :)
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Ray said 5:02PM on 12-31-2007
I have been buying in and out of AAPL stock since summer '06. I think AAPL is going to take more share in the desktop/laptop business, and 2008 is the year you'll see it happen.
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Joel S said 5:11PM on 12-31-2007
Yep, I'm also heavily into Apple, and have never regretted it. I doubled my money on them once, in the 80's and used the money to buy my first computer: a Mac SE (twenty MEGABYTE hard drive: don't know how I ever filled it up). Now they are not only creating great products, but great marketing plans as well: iPod, Mac, iPhone, retail. Clicking on (almost) all cylinders.
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CB said 5:15PM on 12-31-2007
Have had Apple stock fo years now. Hmmm, good!
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Rob said 5:16PM on 12-31-2007
I was given five shares of Apple stock at its nadir in the Sculley days. Since then, the stock's split twice, and today each share is individually worth 150% of what the original five were originally worth combined. I have to say I'm pleased at the turnaround, but worry about what will happen when Steve Jobs inevitably has to leave (for whatever reason).
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JS said 5:16PM on 12-31-2007
And by the way, I agree with the evaluation of the Motley Fools. They are a classic example of telling other people that they can make money in stocks, while making THEIR money selling unproven advice. I find most of their recent stuff to be bland fluff.
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Quine said 5:19PM on 12-31-2007
I love Apple stock! I had some last year when it was going up, invested just about everything I could, and got myself a nice new iMac that I never could've afforded otherwise!
What's with the sympathy to Vista though? It's not true! Look at the Microsoft voice technology they're developing for cars and the touchscreen interface for the Microsoft Bigass Table Computer (MGTC). That stuff is actually inventive and cool and new. Then, look at vista, which is stale and crappy and still doesn't work right for an overwhelming number of users. Clearly Microsoft dedicated all its smartest people to those other projects and all its most horrible managers to the Vista team so it has no chance of doing good work. Vista is NOT trying, and that right there is the big problem with it!
Leopard's a lot buggier than I wish it were (after using Tiger that is) but at least it is rapidly getting fixed up so it too will be amazingly reliable.
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mentalsticks said 5:24PM on 12-31-2007
Quine: I was only yesterday thinking the same thing about that kickass Microsoft tabletop computer. I've seen a demo, and if it works as advertised, then they may have a winner there. I was surprised at how innovative Microsoft suddenly seemed to be.
jk said 5:43PM on 12-31-2007
I bought 3500 shares at $70. I'm obviously very happy with the investment.
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enrevanche said 5:52PM on 12-31-2007
We have a modest position in AAPL, have been buying steadily for several years now, and will continue to invest in this great company.
It's one of only a handful of companies that we own individual shares in, as we otherwise tend to invest in index funds... but we make a few exceptions for individual companies that we know well and believe are poised to rise. To put it mildly, Apple has not disappointed.
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glennT said 5:57PM on 12-31-2007
I'm in Apple in my personal and retirement accounts and love it! Bought most of it at $11, so I treat myself to every Apple product out there. Try AppleTV, it is actually easy and great.
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geoff said 6:35PM on 12-31-2007
I bought Apple right after buying a Powerbook with OSX. That was 2004 and when the share price was flat somewhere in the neighborhood of 15. I sold in the high 90s about 13 months ago, when I thought the pre-launch iPhone hype was all hot air, and it was going to tumble back into the 70s when everyone calmed down. I enjoyed a great ride, but I'm still kicking myself for selling a year ago.
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Brian said 6:49PM on 12-31-2007
The money I have made from Apple stock has paid for my Mac Book Pro, iPhone and iTouch. Looking forward to the 300 mark....
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Austin said 6:49PM on 12-31-2007
Doubles my life savigs with AAPL in one year, yo! bought in last november at 92.
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Isaac said 6:55PM on 12-31-2007
I Invested a year ago, and very happy that I did, since I have more than doubled the amount that I have invested. I think their right on the money (pun intended) Apple Inc. Stock will be the stock to have in 2008!
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S said 7:05PM on 12-31-2007
Bought a bunch of Apple stock recently and have been more than pleased with its performance as of late. I feel great about every penny I earn on it because I sold off all of my Microsoft stock to get it. Take that Gates.
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