Where to buy Apple shares?

pressuredrop_2

Wobblydeb wrote: »

Hasn't the iPhone been knocked off top spot recently because there are cheaper android handsets available?

Easy to do when the handsets are free. But where's the profit in that?

IronWolf

pressuredrop wrote: »

2003 aapl $7

2011 aapl $350

There's plenty more fish in the sea

pressuredrop_2

IronWolf wrote: »

There's plenty more fish in the sea

I agree, 5000% returns are easy to find.

Wobblydeb

pressuredrop wrote: »

I agree, 5000% returns are easy to find.

Over 8 years retrospectively, actually it probably is, LOL

Wobblydeb

pressuredrop wrote: »

Easy to do when the handsets are free. But where's the profit in that?

Ask Nokia.... They made about €1.8billion profit last year

pressuredrop_2

Wobblydeb wrote: »

Ask Nokia.... They made about €1.8billion profit last year

Six billion dollars a quarter sounds better.

atypical

Wobblydeb wrote: »

Ask Nokia.... They made about €1.8billion profit last year

Nokia has been struggling for a while (their new CEO compared the company to a burning oil rig). They only recently ditched their terrible Symbian operating system and still don't have a touchscreen phone on the market worth owning. Only 2 days ago S&P downgraded their debt rating from A to A- due to their falling market share and lower margins.

malik999

atypical wrote: »

Nokia has been struggling for a while (their new CEO compared the company to a burning oil rig). They only recently ditched their terrible Symbian operating system and still don't have a touchscreen phone on the market worth owning. Only 2 days ago S&P downgraded their debt rating from A to A- due to their falling market share and lower margins.

Everything now rests on the MS deal.
Ive always liked Nokia phones and hope they can turn things around.

digerati

Tim,

My advice would be to set up a separate brokerage account with a US-based online company. Why?

Well, if you use a UK brokerage, the fees are really, really high (esp. on smaller purchases) and you are always swapping into and out of USD, which cuts into any profits you make.

Conversely, if you use a US broker, the fees are much lower (i.e. 1¢ per share with no admin fees or stamp duty tacked on) and more importantly you aren't always swapping currencies. Also dividends and income is credited to your brokerage account or you can often do direct dividend reinvestment at low cost. Most US online brokers are happy to accept foreign account holders and US tax is a breeze - you simply file a W8-BEN when opening the account and pay any taxes in the UK under the double-taxation agreement.

Ask around on MSE for recommendations about getting a US broker so you can compare experiences and costs.

Hope this helps!

Sheveko

It's a good time to buy APPL:
tech.fortune.cnn.com/2011/04/19/why-apple-shares-are-dirt-cheap/ (sry, couldn't post link as a new user)

In fact, it is very likely that Apple will have more cash than its current market capitalization in less than five years. Once Wall Street begins to catch on to this reality, Apple shares should see a major upside correction.