2007-09-23 07:01:07 · 4 answers · asked by Anonymous in Business & Finance ➔ Investing
I like you Mr common sense, you made me laugh; just a little small talk dude, not looking for expert financial advice
2007-09-23 07:09:54 · update #1
It is a very successful company right now, with some really super products and enviable profit margins. I'd say Apple belonged in the $200 and above price range a lot more than Google does in its astronomical price. I just don't think Apple will get to that benchmark in the next few months.
Don't forget about a sometimes wonderful, othertimes nefarious, little tool called the stock split. Companies that used to be dirt cheap but now are in the more numerous digits tend to split. Phillips (ConocoPhillips today) has split several times. Of course some managers, like Warren Buffet aren't all that interested in keeping their company affordable to the common investor. I somehow suspect that Apple is more likely to split than go to $200 and above.
2007-09-23 11:20:54 · answer #1 · answered by Rabbit 7 · 2⤊ 0⤋
200 is a lot! I would say 150 very soon and maybe 175 by 08
Edit Apple hit 150 today!
2007-09-23 16:17:52 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Great idea, ask total strangers whose qualifications and motives can not be known by you how Apple is going to do.
Good luck with that!
2007-09-23 14:06:02 · answer #3 · answered by Common Sense 7 · 2⤊ 0⤋
Yes.
2007-09-23 15:13:36 · answer #4 · answered by Anonymous · 0⤊ 3⤋