Got a major sell signal for AAPL today ... from my mom

[mello]

There is definitely room for growth for Apple. China is first on the list. 16% of Apple's profit came from China which only has 4 Apple stores currently. They are also rabid brand buyers. I just read that one of China's mobile phone companies has over 650 MILLION subscribers and they don't even sell the iPhone yet. India would be second on the list for untapped markets. Third is the United States. Apple only has 10% of the smartphone market in the States.

I just wished that I had money at the time to buy the stock at $5 a share when Steve came back instead of at $51 a share. I could have friggin' retired instead of having enough money to buy a house without financing.

[Brian4Liberty]

The grandma sell signal is good, I tend to wait till taxi drivers give me stock tips. However, never underestimate how long people will continue buying when clear excess is obvious. You certainly saw that with the American housing boom and the Chinese stock crash.

Absolutely. One common trait of bubbles is that they go on far longer than any rational person can imagine.

[Ray]

I ended up selling 9 shares yesterday. Hopefully there will be a pullback this week (finally) and I can buy them back for cheaper.

[Jtorsella]

Funny. They went from huge to almost irrelevent in the 80s -> 90's as well. I wouldn't be so fast to say it couldn't happen again.

I would. Apple is the largest company in the world with about 70bn extra cash set aside for future needs. They are not going anywhere. It would take over 30 years of horrible mismanagement.

[The_Ruffneck]

Henry ford said he wanted to build the best product , at the cheapest price , whilst paying the highest wages possible.
All Apple is doing in completely undermining the people who buy their products.I remember Jobs said those jobs were 'never' coming back , well Apple has 80 billion in the bank so thats a fair sign they could make the thing anywhere they wanted , paying good wages and still pull a profit.

How could Jobs call himself a Buddhist when he was largely responsible for the human suffering caused in the Foxconn plant , the plant where suicide nets had to be erected so people would stop killing themselves there.

Screw Apple , screw all'yall who invested in them , my money is in gold and silver and gold and silver mining stocks only.

[fatjohn]

Never short a bubble before the downtrend has set in. It's just like catching a falling knife.

[Yieu]

Blah blah blah. I work all day and night doing sfx, 3D, game engine programming, sound and coding professionally. I absolutely despise the windows environment for continually getting in my way, having me have to update security packs, it looks horrible and does not handle multitasking like my Mac does. I prefer the Mac file system and the fact that I have never ever got a virus or trojan that shut me down from working and continuing to make money. Every one of my PC colleagues has. I am an Apple developer as well and PC cannot offer me the same access to markets or clients that working on OS X with XCode does. I have a full and robust UNIX development environment that is snappy, well thought out, secure for networking with no firewall, multitasks with huge files and multiple apps open with no settings being fiddled with and I worked on a clients PC in december that was pure drudgery switching apps and looking at other high megabyte files. I have heard every argument there is. I will not buy a Les Paul guitar either and I don't give a damn if Guns and Roses plays one or not. I like a Stratocaster and a Fender All American Rock and Roll tube amp. It is all in the subtlety of perception and the ability to work for extended periods of time. A Les Paul will kill my shoulder in an hour and the Strat has sweeter overtones. I can work about two hours on a PC before getting pissed at the environment. I hate cubicles. I can work from morning till the middle of the night in OS X and it is a pleasure and not work..even when it is. Also..appeals to my pocketbook don't matter to someone who has had every computer given to them since 1999. The PC I was given last summer sits at my buddies house, mostly unused.

Rev9

My point was that although you and I may prefer different operating systems, that is based on personal preference and that Windows is not universally bad, if you prefer it. I enjoy configuring settings. I do not want to have something that I just plug in and it just works. I never buy pre-built computers, I always put them together, piece-by-piece, because that is a hobby of mine. You can't build a Mac, so I build PCs.

If I ever ended up receiving a computer with a pre-installed operating system, I would write the drive to zeros and install a fresh copy of the operating system, because I do not want to be sandboxed into someone else's boxed in configuration -- I want to tweak each setting on my own, to my liking. That's just my preference, and my preference is not better than yours... it's just an opinion. Windows is not universally bad, because it gives me the ability to configure and tweak everything, which is a feature that I desire. If there is something that you just plug in and it works, I would have to break it down and check all the settings to make sure it was set just how I wanted it. That's just how I prefer to compute.

I want a precisely tuned tool, not an appliance which you just plug in and it works ...and works the way the manufacturer wants it to work, not how I want it to work. For this reason, I do not buy Macs or pre-built computers such as Dell or HP computers. It's like how some people buy cars to drive them to get places only, and some people are mechanics that like to fine tune them. There is no wrong way to use them, it is just preference. I do not tweak my car, I use it to get places only. But I like to fine tune my computer.

I respect design software, it is very useful for productivity and creation. Design software does often run on both Windows and Mac though, so again it is more about personal operating system preference, not that one just doesn't work or anything like that.

[Jandrsn21]

HAHAHA!! Definitely time to sell! In all seriousness though, if you had aapl for a while or just a few months, it would be smart to start locking in some of your profits.

[swissaustrian]

Bumping this thread. When I started this thread AAPL was trading above $600, now it's trading at $518. I didn't have the balls to go short, though.

[jclay2]

My dad invested a large sum into aapl at the highs. I tried to convince him against "picking stocks" and at the very least go into low cost index funds if he was going to play the stock market casino and not have a decent sum of pms. Plus, he used the scum of the earth brokerage firm that charged him 4% commission to buy and sell aapl!!!! With the insane brokerage he is down nearly 25%. I told him from the beginning that it wasn't going to work out and that he better be ready to lose 30% or more but didn't listen to me. Now its all a matter of waiting for him to sell, at that point, this stock will become a buy.

Screw Wallstreet. I am so sick of them ruining lives and taking their personal savings. It just makes me so angry when they are hurting the people I love, and there is nothing I can do about it.