Rich guys investing in Apple and Google

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George Soros and another billionaire are investing a lot of money in Apple stock. Soros is also investing in Google. This one billionaire, I can't remember his name off hand, reportedly owns about 12% of Apple stock.
 
I don't know. I just turned off the TV where Larry Ellison the Oracle guy was being interviewed. He said "We already know what happens with Apple when Steve Jobs is there and when he is not."
 
Originally Posted By: Mystic
George Soros and another billionaire are investing a lot of money in Apple stock. Soros is also investing in Google. This one billionaire, I can't remember his name off hand, reportedly owns about 12% of Apple stock.


Soros jumped back into gold last year before it tanked. So I am guessing he lost about 25% on his investment. But nobody reports that...hmmm wonder why?
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Originally Posted By: L_Sludger
Is it a good idea to validate the actions of incredibly vile and evil men like Soros?


Who knows? But I do think the SEC should investigate him using the media to manipulate the stock market in his favor by preferential reporting.
 
Absolutely!^^^

The manipulation of the media makes the market jump like a yoyo. A good headline can run stock up or down like crazy, Soros is a lot of things but stupid is not one of them.
 
I can't stand Soros myself but he is really clever about investments. I don't know what it means that he is investing in Apple stock. Apple stock has actually gone down and it is usually one of the best stock investments. Maybe a lot of people would hear about Soros investing in Apple stock and it would go way up again and Soros would make a lot of money. And don't forget another billionaire has a lot of money in Apple stock also.

On the other hand, Apple may be in trouble. They are selling cheaper iPhones and their sales of iPads, iPods, and computers has been down. But supposedly Apple will be coming out with a lot of new products this fall and into next year.

I bought this up in the computer section because it involves Apple and Google. If somebody had invested in Apple about 1998 after Apple had nearly went out of business the value of their investment would have gone up about 6000 times. But in these troubled times it is hard to tell what will happen. If things get bad enough the last thing somebody would want would be to buy a new computer or a new iPhone.
 
Originally Posted By: SteveSRT8
A good headline can run stock up or down like crazy, Soros is a lot of things but stupid is not one of them.


This must explain why all the rich guys are buying newspapers as they're trending towards shutting down!!!
 
Larry Ellison of Oracle does seem to think Apple is in trouble. It is true that Apple nearly went out of business in 1998 after Steve Jobs had left and when he came back Apple started rolling big time. Without a doubt Jobs was an effective CEO for Apple, although I don't think he was a very nice person. Jobs was dynamic on stage promoting new Apple products. He was so dynamic some people developed a kind of cult-like following. In my opinion Cook, the current CEO, is vanilla compared to Jobs.

I am not too good at making predictions. Right now Apple has some major competition that can sell at a lower price than Apple when it comes to various mobile devices. And Apple Computer sales are down. But if they come out with nice new products things might get a lot better.
 
Originally Posted By: SteveSRT8
Absolutely!^^^

The manipulation of the media makes the market jump like a yoyo. A good headline can run stock up or down like crazy, Soros is a lot of things but stupid is not one of them.


Wasn't the Spanish American war started by a newspaper mogul trying to sell papers.
When you control the information you can manipulate the masses by preying on their fears you can anticipate their actions and thereby position yourself in such a way as to cash in.
Stocks for example. The stock market is so volatile that even the mere whisper of some kind of strike or shortage or whatever can cause massive fluctuations. If you control the info,whether true or not you can have an agent buy low,then a story in your paper causes the market to focus and increase the demand then sell high.
True power is the ability to choose the masses and they still believe they are free to choose for themselves.
 
Originally Posted By: SteveSRT8
Absolutely!^^^

The manipulation of the media makes the market jump like a yoyo. A good headline can run stock up or down like crazy, Soros is a lot of things but stupid is not one of them.


No, the market jumps around like a yoyo because that's how it works. Always has, always will. The people who got in previously and who have a gain sell and it makes waves in the price movement. Speculators in the rice markets in Japan did the same thing in the 1700s and the chart patterns of price look just like any other market from any point in history.
 
Originally Posted By: Drew99GT
Originally Posted By: SteveSRT8
Absolutely!^^^

The manipulation of the media makes the market jump like a yoyo. A good headline can run stock up or down like crazy, Soros is a lot of things but stupid is not one of them.


No, the market jumps around like a yoyo because that's how it works. Always has, always will. The people who got in previously and who have a gain sell and it makes waves in the price movement. Speculators in the rice markets in Japan did the same thing in the 1700s and the chart patterns of price look just like any other market from any point in history.


Agreed. I've been investing in the market since the late 1960's, and it's always been an up and down ride. Fortunately, it's been much more up than down, and savvy investors understand that.

There are always people wagging their finger and claiming to know the reason for the market swings (the media, speculators, large investors, etc.) but in reality it is simply the nature of the beast. It has always been like that and always will be like that.
 
I think there has been some insider trading and some manipulation of the stock market.

Apple stock (and Google too for that matter) might go up with billionaires investing a lot of money into Apple and Google. But in the end a company has to make good products. Apple is supposedly coming out this fall and early next year with a lot of new products.

For a while I thought Microsoft was finished as a company with products like Windows 8. But actually Windows 8 is not bad at all-it was just a silly UI forced onto the operating system. Hopefully Microsoft will wise up by the time Windows 9 comes out. But they usually produce a dud operating system and then a good one and another dud and another good one anyway. And a lot of companies will soon be upgrading from Windows XP to Windows 7. Even if Microsoft started to go downhill, it would take a while.

Hard to tell about Apple. Apple is starting to feel some major competition in the mobile computing market. I think they have neglected their desktop computers. For example, the last iWork update was 2009 and Aperture has not had a version update for about three years. If they come out with great new stuff that is fine. But if they continue to neglect their desktop computers I might sell my Mac and just stay with Windows. Desktop computers make up only about 18% of their income now. But if they run into trouble with the competition with mobile products they better have something to fall back on. They reached a peak of over 5 million computers a quarter a while back. Now they are down to about 3.8 million. They need to think about that a little bit I think.
 
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