Buy apple stocks now?
Aapl has always been Berkshire Hathaway's largest holding. With the new 5g iPhone launches lined up, I am expecting it to go up (in the longer term). What do blind folks think? #personalfinance, #investments
First it will reach $150
Oooh nice :). You expect this to happen after apple shares its earnings report in may?
Who’s gonna buy the phone?
True. I get your point based on unemployment numbers, low purchasing power etc. But in the longer term, do you believe to make money if you buy aapl today?
I am probably not the right person to ask. I am a die hard apple fan and user, but I am bearish ever since Jobs passed. They seem to be limping along with no new significant tech.
AAPL is a long term play. Short term, I believe, there’s going to be significant drop in iPhone sales which will make the stock tumble down. Dollar cost average your position to play safe
Dca makes sense.
Many are going to buy the iphones or the ipads or macbooks because now more then ever for entertainment and work you need something reliable as we are trapped inside. Just my 2c
That's a valid argument. Only applies to a certain segment of people. Doesn't apply to the majority of the apple buyers; I think.
Think about: some, not all but definitely something, money that would have been spent on a kayak or a trip to hawaii or any outdoor activity will be spent for electronics. At least that’s what I’m doing to make my staying indoors better
I don’t think Apple is going to be the same, unemployment is going to skyrocket. I don’t think people will be paying 250 for EarPods or 1000 for a new phone.
5G phones are delayed to next year.
Thanks, I didnt know this. Is this probably better for the longer term? As now the sales of iPhones won't be hit by the current reduced purchasing power.
Berkshire sold alot of share before the drop. They also purchased a majority of the stock below $160 /share.
True. Although that was more like a small (1-2%) adjustment in their apple's holdings. Berkshire holds 72bn (5%) stake in aaple. The $800m they sold is just a drop in the bucket.
Their fund is ~700 billion+. You should not invest like a large fund because their strageties are different. They have limited places to park their money without buying up themselves. They like apple for the relatively safe dividend and their buy in price was low under $160.
Yes