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Thread: iPhone X sales push Apple shares to record high

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    iPhone X sales push Apple shares to record high

    The iPhone X went on sale today and hundreds of people had lined up ahead of time at each Apple store worldwide. Heavy iPhone sales, coupled with a better-than-expected holiday sales forecast, have driven Apple shares to a record high. Apple's market capitalization is now $890 billion. But, c'mon, $999 for a phone? And as much as $1400 US in certain countries such as Ireland, Japan and Italy? Is any phone worth that much?

    Long lines for iPhone X help push Apple shares to record high

    http://www.reuters.com/article/us-ap...-idUSKBN1D22Y2

    If anyone here has bought an iPhone X -- or is planning to -- please talk about it here.

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    Today -- that's November 3, 2017, for those of you keeping score at home -- Apple opened at $174 and reached a record high of $174.26 before closing at $172.50. That price represents a gain of 48.94% year-to-date and a gain of 58.49% over the past 365 days.

    Financial analyst Neil Mawston observed, "Apple fans and critics complain about high iPhone prices every year but still go out and buy tens of millions of them." Indeed.

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    $999 plus tax.......and.......

    Some iPhone X buyers are having problems activating their phones

    http://www.msn.com/en-us/news/techno...nes/ar-AAuqpMy

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    After reaching a new high of $175.25 today, Apple closed at $174.81. The peculiarly-named AmigoBulls financial website strongly recommends investing in Apple:

    Apple Inc: With $200 in sight, should you buy Apple stock now?

    https://amigobulls.com/articles/8073...pple-stock-now

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    As I write this, Apple has reached a new high: $175.94. But wait -- there's more:

    Apple's iPad could drop the Home button and add Face ID in 2018

    https://techcrunch.com/2017/11/08/ap...ce-id-in-2018/

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    Today Apple reached a new high of $175.98 before closing at $175.88. In after-hours trading, Apple reached $176.24. Wooh!

    Apple stock raised to Strong Buy from a Buy

    https://investorplace.com/2017/11/ap.../#.WgTgW0idbcs

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    This headline sounds like a joke.......but it isn't.

    iPhone X screen 'freezing' in cold weather, but a fix is coming

    http://www.foxnews.com/tech/2017/11/...is-coming.html

  8. #8
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    Today Apple fell to $173.97 -- and we learned that the new iPhone's facial recognition feature isn't foolproof.

    Apple Face ID 'fooled' by $150 mask; questions remain

    http://www.forbes.com/sites/thomasbr.../#4a6cd6de4987

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    Berkshire Hathaway has sold millions of IBM shares and purchased millions of Apple shares. Hmmm.

    Warren Buffett now owns even more of Apple

    http://www.thestreet.com/story/14390...d-quarter.html

  10. #10
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    Apple fell today to $169.08, a drop of 1.32%. Here is another story about Apple and a billionaire -- but this billionaire was selling, not buying:

    Billionaire investor George Soros dumps Apple and Snap, boosts stake in Amazon and Microsoft

    http://www.cnbc.com/2017/11/15/georg...microsoft.html

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