Where to buy Apple shares?

sabretoothtigger

http://tech.fortune.cnn.com/2011/04/19/why-apple-shares-are-dirt-cheap/

In 2007, it was trading for nearly 50 times earnings. Today it's 16.7. What happened?

http://tech.fortune.cnn.com/2011/04/27/about-apples-pe-ratio/?source=yahoo_quote

Apple shares are probably 'cheap' if they can keep up the sales and even more so if they continue to grow at the same rate.
They'll likely fall if they fail to maintain such a high level of dominance.
Even so not a bad buy which I think is true of most USA big tech companies - they all got tons of cash

It'd be surprising if expectations werent knocked hard at some point by troubles in USA government and general debt also continuing European debt.
I think growth in emerging countries will counter the lower income from the 'rich' markets.
Apple will level off in their growth unless they invent something new yet again I guess

digerati wrote: »

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

Thats true, if the broker is ok with it. Have you dealt with any US broker fine with just small scale dealing.

dagmarpiano

I've just bought a lot of Apple shares last week, via share.co.uk (The Share Centre).

It was quite simple, just signed up with them, then filled out their simplified US tax form then was able to buy.

It's true that you lose money 3 ways:

1. you pay them £7 per transaction (plus a £24 quarterly fee).
2. there's quite a gap between the buy and sell rates for the shares, and
3. you're paying a foreign exchange commission, plus whatever the difference is between US dollar buy and sell rates.

HOWEVER, the share price has already risen enough to cover those costs for me, and with the iPhone 5 due out soon and advisers predicting a 25% share growth over the next 6 months, I'm fairly sure it will turn out a good idea. We'll see

Dan

B_Blank

Havent read the posts but if you want to buy american shares you will need to fill out lots of forms before they let you.

IronWolf

bendix wrote: »

Nonsense.

Apple are streets ahead. They create markets and whole new product categories.

Ten years ago it was the ipod. Do you ever wonder what happened to MS's much vaunted Zune player which was touted as competition?

F4-5 years ago it was smartphones. Now every smartphone looks like a poorman's iphone.

Last year it was the tablet market - noone is doing it better than Apple.

Don't get me started on the beauty that is MacBookAir, a product which will easily outsell other products in its category despite being twice as expensive.

Apple is not a company. It's no longer even a brand. For many who want the best NOW, it is a way of life.

Yes and I remember when Sony Playstation was the undisputed king of consoles, and before that the Sega Megadrive. Then came Xbox and Wii. Now Playstation has to fiercely fight for market share and sells PS3's at a loss.

As with any tech company, you just don't know what the scene will be like in 10 years. Apple rely on their brand and innovation to sell products at a premium and maintain profits. But unlike other strong brands, like Coca Cola, the have to continually invent better technology than their rivals. If one of those rivals one day comes up with the next best thing it does irreparable damage to their brand. Apple should know, they did it themselves! The iPod and iPhone revolutionised the industries, it only takes a competitor to invent the next best thing and profits will freefall.

dagmarpiano

Well, I bought a LOT of Apple shares over the last few months... My investment is £6,000 up so far and the signs look good for at least a few years ahead for continued high growth.

dagmarpiano

my Apple investment is £9,000 in profit and counting.... one in the eye for the naysayers above

sabretoothtigger

Nice, they still apparently not over done assuming no drops in sales rates
Have you seen their recent release

(plus a £24 quarterly fee).

I dont like this but the dealing charge is low, are you going to take some profits along the way as it has done well.
I advised someone with a big tech fund, apple was at the top of its rising channel in Feb.
I think it sold off badly for one day then hasnt stopped since. All the same I think 420 is possible



Worst case is 260 and top target for this year I will say 625, though it appears to be aiming far higher it would be more typical to pull back and repeat the pattern of the last few years which is line with 625