Re: Is Apple stock overvalued?
Agree with both Arshad and bebo.
Hoping for a 50% drop in price - if it happens I am in!
I am concerned about the inevitable competition from Microsoft google samsung and others.
A UK judge today ruled in favor of Samsung. Aapl has won case only in US.
Re: Is Apple stock overvalued?
AAPL down 20 to 575 - 10 points below the level when thread starte march 17. Or down 1.7%.
Re: Is Apple stock overvalued?
Apple closed at about 565 today. The drop continues.
Re: Is Apple stock overvalued?
Apple down 20 or 3.6% to 538, or 47 pts from 585 on Mar 17 when thread opened. That is 8%. The S&P500 is down from 1400 to 1377, or 1.6%.
We compliment our staff for keeping a long- term view and sticking to fundamentals.
PS- we hear our Japanese friend is getting married in December. Our entire staff wishes the young couple the very best.
Re: Is Apple stock overvalued?
Samsung Galaxy is outselling Apple Iphone, Ipad is also struggling. Apple may do better with the launch of Iphone 5 but its supplier in Taiwan is not able to produce enough of them.
Like I said before there may be some life in the stock in the shortrun, if you can get you timing right. Worth a punt.
Re: Is Apple stock overvalued?
^ stock is down probably 15 to 18% from the day you indicated it has good short term upside move. Just goes to show valuation matters, whether short or long term.
Re: Is Apple stock overvalued?
^^ Stock is down 12% since I said that it was realistically priced and it is good for short term. Although beyond the short term it is debatable and risky as it will struggle to maintain the momentum. I still stand by that whilst I did say that I am not an expert on the company and knew little about it.
It seems that the market is worried about its future and is discounting it. If I were to buy a stock I would look at its worth and what price I needed to pay for it and then ignore day to day price changes. I take a long term view of a stock than day to day or month to month. I did state that tech stocks are volatile and you can make or lose a lot of money on them. So tech stocks aren't for the faint hearted.
Re: Is Apple stock overvalued?
As we discussed before, volatility is an investors best friend. If you use the volatility to your advantage. Apple was loved by everybody. Its price got bid up too high.
Income cash flow and balance sheet statements need to be studied. And valuation. Once you get a good price and all 3 statements look good you are good to go.
Growth rate is way down the list. Because people overlay for growth. Anyway that is my approach.
Re: Is Apple stock overvalued?
Gravity is pulling the apple, where is Newton?
Re: Is Apple stock overvalued?
listen to me kids, forget all this shnixel shmaxel.
apple overrated hai, toh uss ka stock bhi overvalued ho ga.
Re: Is Apple stock overvalued?
We are honored and overwhelmed by this sudden and unanticipated increase in traffic.
Come back!!
Re: Is Apple stock overvalued?
Agree with Sweet. Keep it simple is often the best approach.
Re: Is Apple stock overvalued?
Apple slicing in progress 
Re: Is Apple stock overvalued?
^ yes. It was down 20 points today I think. At 300 I am in.
It is badly lagging HUM(A) stock performance and execution.
Re: Is Apple stock overvalued?
listen to me kids, forget all this shnixel shmaxel.
apple overrated hai, toh uss ka stock bhi overvalued ho ga.
Is stock streeling or pulling?
Re: Is Apple stock overvalued?
AAPL at 521. Now pundits are coming out of the woodwork to list its weaknesses.
Re: Is Apple stock overvalued?
it 52 week low was $419 so don't think it will go to $300 unless something drastic happens. Reason for the fall in price seems to be due to lower rating because of uncertainy about the future as Samsung seems to be making big inroads. However trading is normal so far, with earnings expected to grow but not at the pace of the past few years.
Re: Is Apple stock overvalued?
^ one can come up with several reasons. As a long term investor it was obvious aapl was overvalued. It is probavly now down 15% since you were bullish on it. Trading normalcy is something short term investors focus on. Good to keep things simple.
Re: Is Apple stock overvalued?
well it is currently trading at prospective p/e of just over 10, which does not seem very high for a stock that is expected to increase its earnings by by about 15-20% in the next financial year, and will have cash approaching $200 billions.
Re: Is Apple stock overvalued?
Well the question is if the earnings growth rate of 1 5 to 20% is sustainable.