AAPL: I'm keeping every share

[IronMac]

As for AAPL, I toyed with the idea of getting back in a couple of months ago but so glad I did not. I ditched the last of my AAPL when it was at $119 a couple of years ago for the reason that I didn't think it was a growth stock anymore.

Nothing I have seen in the past year or so has changed that idea. I think that AAPL is in trouble in its overseas markets. And, I don't know how much it can milk its customers in the US and Europe in terms of services to make up for its growth shortfall.

I had had high hopes for the Apple Watch and the company's payment service but I don't believe that those are going to be huge growth drivers.

[bhaveshp]

IronMac wrote:
I had had high hopes for the Apple Watch and the company's payment service but I don't believe that those are going to be huge growth drivers.

For all of Apple's recent mis-steps, Apple's wearables (Apple Watch & AirPods) are projected to shortly surpass both Mac & iPad revenues coming in 3rd behind iPhone & Services.

I see Apple Watches on probably 50% of my peers & friends.

Source:
https://twitter.com/asymco/status/1080783799284350976

[sekker]

Funny, I was thinking how frustrating my Apple Watch is to use. I know people own them, but I think it’s a fad.

[Article Accelerator]

IronMac wrote: I ditched the last of my AAPL when it was at $119 a couple of years ago for the reason that I didn't think it was a growth stock anymore.

…and yet it grew from $119 to $234 in those two years.

[Article Accelerator]

sekker wrote:
Funny, I was thinking how frustrating my Apple Watch is to use.

How so?

I know people own them, but I think it’s a fad.

Yep, like rock'n'roll.

[IronMac]

Article Accelerator wrote:
[quote=IronMac]I ditched the last of my AAPL when it was at $119 a couple of years ago for the reason that I didn't think it was a growth stock anymore.

…and yet it grew from $119 to $234 in those two years.
And it crashed back down to $142. I don't time the market nor stocks, it's not the way I operate.

I took some of the money from AAPL and moved it into stocks like Amazon, MSFT, Alphabet, Visa, etc. Made some really bad calls like CELG and SNAP.

[sekker]

Article Accelerator wrote:
[quote=sekker]
Funny, I was thinking how frustrating my Apple Watch is to use.

How so?

I know people own them, but I think it’s a fad.

Yep, like rock'n'roll.
Keep in mind, I’m a longtime Pebble user. I find the notifications disruptive and non-intuitive to turn off or down. And the lack of the ability to design your own watchface or to let developers do so is very limiting. I know I can customize the watch faces Apple ships but there is a real limitation.

I also have peers with their Apple Watches - most never use them except as time pieces. When their current device breaks, I doubt they will replace unless they want the passive health features.