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Technology Stocks Apple Inc.
From: Moonray 11/15/2019 1:45:17 PM Apple: The India Question * Reports circulating that Apple is ramping up manufacturing in India. * Retail infrastructure and marketing network set to move into place as sales start to gain momentum. * Company needs to remain diplomatic as it balances its interests between China and India. * 5G roll-out and increased mobile use will continue to drive iPhone sales throughout Asia. More at: seekingalpha.com o~~~ O Recommend Keep Reply Mark as Last Read
To: Moonray who wrote ( 206833) 11/15/2019 1:48:36 PM From: Stock Puppy Apple price target raised to $290 from $270 at Piper Jaffray I shall open up a can of worms: So when will it split? <Before it starts, yes, a split does not add value to the stock - except for psychological value, and makes the stock for attractive for small investors even though the value is the same.> With the above understanding in mind: When do you think it will split? Recommend Keep Reply Mark as Last Read Read Replies (1)
To: Stock Puppy who wrote ( 206837) 11/15/2019 2:02:06 PM From: Moonray So when will it split? I think it UNLIKELY to split in the near future for 4 reasons: 1) The stock trades at a future PER of 22 (high for AAPL). A lot of splits are to boost PER to a competitive level. 2) A LOT of stocks trade above 100, 200, etc. There was a time when an exchange would ask for a split when a stock got over 100. 3) Last time AAPL split was 7:1, don't see that happening at the current price. 4) Last split was to appease Carl Icahn, doubt they want to appease some nondescript Stock Puppy :-) o~~~ O Recommend Keep Reply Mark as Last Read Read Replies (1)