Citi Research Analyst and Managing Director Jim Suva weighs in on Apple’s outlook after the upcoming stock split.
#Apple #Applestocksplit #applestock
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Wow am early , Just gonna say this is definitely a bubble. They had alot of sales from people upgrading as they are working from home. This momentum is going to slow down for next 2 years.
Barison Dude I know how much a trillion is moron…I’m an engineer. You do know it only took them 2 years to go from 1 trillion to 2 trillion right? They’re up 220% in the last two years…and I never said they were going to reach 3 trillion. They’re earnings per share will increase. P/E * EPS can give you an estimate.
@Ali A You are welcome to correct me .
I can’t speak for Latin America but I can 100% guarantee since I know what I am talking about. China & India will never be Apples playground for next 2 years atleast or maybe more.
Cheapest iPhone costs 600$ for them & goes all the way till 1400$ . A good android Samsung or Chinese phone costs 100 to 150$, they are the target price range. Like India has brands like Realme , Redmi which are hot sellers. Apple has a very very small share with phone users for status & with iOS loyalists.
Now for computers. They assemble pcs for gaming and office usage at fraction of the costs. Only iMac users are people who are willing to spend 4 times the cost for an iMac.
Laptops Apple charges crazy money for repairs where as windows laps tops can be repaired easily, it’s a cost sensitive market.
It’s only companies which have tie ups with Apple that make bulk iMac purchases. And remember companies are laying off people right now. Accenture in India layed off 10,000 people.
@Tyrone Catkiller Kang Yes those are some wise words in my opinion. You could make small profits. But for huge or good gains over next 2 years you will need to look at some other stocks. Apple will or could do well in the long run like 6 to 10 years. As I said in my original comment. Next 2 years there won’t be any action till 2022.
@Dan Frois I suggest you refrain from calling names. If you have a problem.
You shouldn’t give suggestions without backing it with solid reasons or facts. Good day. 👍
Barison Dude 🤣 You’re the one thinking apple is gonna slow down the next two years. Stick to penny stocks. SEE YA👋
Nothing. You cut a watermelon into quarters, it’s still the same watermelon.
But there 4 pieces now. Looks enticing
@A . D lol
More people can eat that watermelon o;
More people are willing to pay for slices of watermelon than a watermelon. If you sell watermelons, it’s better to sell slices as more people will buy and you will grow $.
You keep saying that yet stats say if the stock was never spit since 1987 it would be $28000 per share !!!…. history always repeats itself just watch
What’s going to happen to Apple in the long term when they can’t use their Slave Labor from China?
On a technicality level China laborers outgrew their value a long time ago so most likely, they are benefiting more from Apple (and other US tech giants) that are outsourcing to them. Its a vicious cycle of capitalism imo.
Without Apple China 🇨🇳 would have a jobs. Bring the job back to America trump 2020 🇺🇸
Robot slave labor that dosnt need food, water or sleep.
Nice to see you guys talking market and not politics.
HE FORGOT TO MENTION APPLE ONE
APPLE MICROCHIPS
ETC ETC ETC ETC
APPLE IS KING
Great point!
it means nothing.
Inflation does change the net wealth, didn’t want to invest in this market but after JPow advised of inflation can’t have it in the banks.
Best to buy some gold right now, regardless of all time highs. These could be it’s lowest price for the next 5-10 years.
Its going to continue to fly
My price target is around Post Split ~ 145 -155 !! Buy at open on monday and hold !!!
Oliver Silvan my dad works at Apple and this is what the higher up employees are currently projecting. Just what I’ve been told from him. New products are due in September.
@FG.Investor Savage af bro !!! Respect !
Before or after wouldn’t have made much of a difference, I bought 5 just a few days ago
how much you think it will jump after they release 5g iphone
Tyrone Catkiller Kang not a lot on release becasue much of that hype is prob already priced in. People will wait for the financial statements release and see how well eveything is selling and which products. …. Apple needs to open the closed stores ASAP.
How many people will buy a 1000 dollar phone when many americans cant pay their rent this month?
Unfortunately more than you think, priorities and debt
All of them I bet on the stupidity of people
Doctor Horton people are saving up, life too short sometimes is what people say and dam right they should enjoy. Power to the people
@Nucavani they rather be homeless but at least they have $1000 phone I should know I am a landlord
The only effect that mega cap companies stock splits have is the weighted average in the index. It literally means nothing for retail investors. This is about institutional money being allowed to continue to invest and not having such a heavy weighted average.
I beg to differ. It means more for retail investors than you realize, and here’s why; 1. fractional investing is not available globally, 2. from a psychological perspective, there are a large percentage of investors out there that would rather own a whole pie, rather than a fraction of said pie.
@anapierakon so you’re one of those people that actually believe retail money moves share price and index’s?
Well, you will be sorely disappointed for the rest of your life. I guarantee it
Apple will hit 200 after the split easily
I hope so!!!!
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You know what else doesn’t create value? All the inane day trading and short term thinking that got the price to this absurd level.
Seems to me you don’t understand what the term “value” means.
Robinhood traders are gonna shoot AAPL to the moon
I think users of all platforms will shoot it to the moon. What is specific about Robinhood?
@Tristan Causer Most new Robinhood traders from the past 6 months to a year dont trade on fundamentals or technical analysis they trade on fomo and by following the herd, if they see the green line move up on any stock they buy, if it goes down they sell. Most of these new Robinhood traders are still wearing diapers and wayyy too young to trade, we also have the senior citizens now trading, cracks me up, everyone watches a Jeff Bishop, Dan Parker, a Raging Bull video and they quickly download the Robinhood app, quit their jobs and buy a Tesla share or buy an options Call with no idea of what they are doing, in return what they do is saturate the trading platforms for the real traders like myself, creating more lag, crashes, freeze ups and overall poor performance and delayed executions on our trades, its a complete joke. I think Robinhood and all other brokers/trading platforms should no longer accept new traders, cap a limit and not allow anyone under 21 and with no job to trade.
Waaayyy to many wannabe traders, most of these so called traders need to go to school and get jobs.
@LexDiamonzz who’s mad? lmfao
@LexDiamonzz who hurt you?
Robinhood investors don’t bother me
I just brought some more today
5:54 “Apple is now getting into healthcare” It makes so much sense for Apple to evolve into that, and it’ll be a game-changer if it does. I pity the short-sellers
I’ve heard that international stock buyers have issues buying fractional shares, thats not nothin 😉
Buy no brainer bullet proof cash rich companies:
I bought Apple, Facebook, Microsoft, Google, Wells Fargo, eBay, Netflix, Home Depot, Lowe’s, Intel
TRUST THE PROCESS.
Missed out on tesla?
Back to school shopping is happening for Apple Macbooks, iPads, subscriptions.
I replaced a 5 year old 13in Macbook Pro for a new 13in Macbook Pro with 16GB ram/1TB SSD for $1999 and $250 Applecare.
Apple watch, 5G iphone 12 coming in Oct 2020.
I bought Apple, Facebook, Microsoft, Google, Wells Fargo, eBay, Netflix, Home Depot, Lowe’s, Intel
Wearable technology (watches, ear Airpods, glasses, Google fitbit, etc.) is the future with Apple, Google, Microsoft, Facebook,
as well as 5G Apple iPhone 12.
quick question on the technicalities! since it will happen on Monday does that mean 9:30am when the stock market opens up does that mean it will. drop automatically from 500 to 125? or will that happen throughout the day? or next few days?
on robinhood it’s already at 125.50
Price target $1200 ($300)!
What time frame you thinking ?
“50% increase first month” 😳 – history of apple stock split
I also heard 50% at first.. But I think he said 15%
0:31 hot
so should we buy more into apple now?
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Don’t buy until it goes below $100 per share. a stock split still means the stock is valued at $505 per share and anything above its split is above $505. Don’t forget.
Wow, people give shares as gifts? That’s awesome.
Expect a spike in this. Some grandparent bought their grandkid a bunch of Apple shares in the 1990s and they’re worth $3M now.