Apple Announces 2 for 1 Stock Split

neosar82 writes "Yahoo has a story about Apple's stock split. Apple Computer Inc. whose shares have almost quadrupled in value over the last year on the success of its iPod music player, on Friday said it set a 2-for-1 stock split, and its shares rose almost 4 percent. Under the share split, Apple shareholders of record at the close of business on Feb. 18 will receive one additional share for every outstanding share held. Apple said trading will begin on a split-adjusted basis on Feb. 28."

Re:Shoulda coulda woulda

[Randy Wang]

See, Apple still remains true to it's values: You always could have done better with them, no matter how well you've done already. :)

With hardware, they'll upgrade before you have have time to put your card back in your wallet.

With software, it's often the same - unfortunately, those sellouts at Cupertino at making upgrades cheaper, or free (a la FCP-HD).

I must say, this is a very refreshing move. Let's see how long it takes them to get to $80 again :)

Re:Shoulda coulda woulda

[Randy Wang]

Sure - do you accept the Elbonian Eyecrud?

I, personally, would be buying some o' that fruity goodness right now... were it not for the fact that I'm broke. Worse yet, I'm broke in Australian Dollars.

Yet another piece of Apple I'm destined to drool over, but never own...

When Apple splits...

[mrighi]

...let's hope they don't find a worm inside.

Or even worse, half a worm.

(I know, I know, corny old joke... but I just couldn't resist!)

I'm a stupid fucking dumbass, should've bought!!!!

[ElGanzoLoco]

About 2-3 years ago I almost convinced myself that I should buy Apple stock. At that time, each share cost about 16 bucks...

I didn't buy any, thinking that I was maybe being a victim of St. Steve Job's reality distortion field (I'm as big an Apple fan as you can get) and that maybe the stock would plunge. After all, we were stuck with that damn G4. (And it kinda feels strange to buy stock when you're still in high school.)

Then iTunes Music store came out of nowhere. The stock litteraly exploded. Still didn't buy, thinking "economics 101: buying when high (the price, not me ;) is plain stupid". Then the stock exploded again with the iMac G5's introduction. Still didn't buy, for the exact same reason.

Now the stock is at 81 dollars, that's a 65 $ increase per share, damnit. And yaknowhat? I still won't buy, cause I really don't see how it would rise again?! Maybe if Apple announces OS X for PC (see "Fortune" article). Maybe if they sell half a billion mac minis. Maybe if someone finds out that the iPod shuffle solves cancer, AIDS and world hunger. Maybe.

Anyways, it sort of confirms what I always thought about stock markets: those fucking "analysts" are on crack all the time. I mean, that Apple stock was vastly underrated three years ago. Now it's completely overrated, Apple is in good shape and all, but it's simply not that worth! There's no way in hell Apple is worth 72,9 BILLION dollars (900 million shares @ 81 dollars. I know, I'm vastly oversimplifying, but still...)

I have 0 and now I had twice 0!

[Shag]

Note to self: You already have enough Macs. Next time, buy stock.

Not a good sign

[This is outrageous!]

Obviously a mousebutton split is to follow. And Apple will never be the same. Mark my words.

OMG

[anaesthetica]

Apple's stock price dropped by 50% in one day!??!

Wall Street Confirms it: Apple is dying.