To Buy or not to Buy

Best time to have bought was back in the mid 90s when Michael Dell wrote of Apple as good as dead.

It's up to you, I think the people who could've made substantial amounts of money on Apple already have, the returns at this point is slim compared to the risk... they could absolutely surprise us with tremendous growth but they will have modest growth imo.

Is your objective long term investment, or short term gain?

short or long term?

Pelao said:

Is your objective long term investment, or short term gain?

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hey I have held AAPL for the better part of 4 years and bought at $23 so have quadrupled my investment
The question now is to invest a considerable sum to get a short term ie 12 to 18 months gain of some 12 to 30% according to what some or most analysits are forecasting

yeppers heart

Heart said:

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and you bailed out early while I stood in there on the long haul but the question is this If you had a rich uncle that died and left you 10 or 20 grand would you buy at the current price of $100 or not ?

Do you think it will drift back to the 90 mark or will it just continue to soar from the 100 dollar figure of May 2 to the high 20's or 30's or beyond? as the iPhone and the new iPods and the new iMacs and Leopard hit the marketplace in June and August and October .

Hey if your rich uncle makes 15% he might just leave you the whole estate and you could retire

............... <GRIN>

According to one analyst, prices will probably drift down over the course of the summer and, then, start to ramp up. That was the pattern LAST summer which may or may not repeat itself this year given that the iPhone will launch sometime in June or so.

Seeing as how a study/poll just came out saying that a lot of people are interested in the iPhone but not enough to buy it throws a bit of a scare into everything.

Would I buy at this price point? Hrmmm...really hard to tell. The last great buying opportunity was last summer in August/September. I guess if I had the stomach for it I would, don't panic during late summer and be happy by January timeframe.

Seeing as how a study/poll just came out saying that a lot of people are interested in the iPhone but not enough to buy it throws a bit of a scare into everything.

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I think there was a bit more to it than that. The figures showed that in percentage terms a lot of people would not buy - but the percentage that would buy works into large numbers in real terms. In other words, the objective of 10m phones would be easily met.

In 2001, a lot of people balked at the price of an iPod. Of course, prices have come down since then, but they are still an expensive beast. The iPhone will be purchased by people who see it's advantages, who tend to hang with people who feel the same, thus spreading the desire.

Apple does not need to win even 10% market share to be a good investment. It needs to make a profit, and be a leader in a few niches - thus providing prospects for growth and therefore a good return.