Apple Shares - Over priced?

[laythh]

I was looking at apple's share price today, and i was a bit worried that it seems overvalued with hype from the iphone?

I mean over the last year apple have had amazing returns, but since the launch of the iphone it just seems abit overpriced.

So my question is: are apple's share prices overvalued?

 

[yacarob1]

Why are you worried ?

Do you own a chunk of AAPL shares ?

 

[laythh]

LOL i wish.
No im actually looking to invest in them, but i feel its slightly overvalued. Im pretty sure that their share price will climb in the next few months, but with the share split 2:1 and the possibility that its overvalued - im tempted to wait for a little while.

 

[yacarob1]

Didn't know there was gonna be a stock split.

When is that scheduled for ?

 

[laythh]

28th of feb.

http://news.bbc.co.uk/2/hi/business/4258827.stm

So what do you make of that?

 

[yacarob1]

That was in 2005... 2 years ago.

That's what I make of that.

 

[laythh]

oh btw - if you search for apple on the LSE it tells me that its there under ACP, yet its also under AAPL in the NASDAQ. But when i look at apples webpage they say " Q: What exchanges does Apple stock trade on?
A: Apple common shares are traded on The Nasdaq Stock Market under the ticker symbol AAPL, and on the Frankfurt Stock Exchange under the symbol APCD. "

But whats strange with the LSE one is that is moves differently to the US stock. is that normal for dual listed stocks?

 

[laythh]

lol ok my mistake, that was just embarrassing.

 

[damianoakley]

I was looking at apple's share price today, and i was a bit worried that it seems overvalued with hype from the iphone?

I mean over the last year apple have had amazing returns, but since the launch of the iphone it just seems abit overpriced.

So my question is: are apple's share prices overvalued?

Hi laythh,

In my opinion, Sun Microsystems (SUNW) is a stronger stock in the same sector as Apple.

Check the weekly 5 year chart for SUNW - it has recently broken through strong upper resistance at $6.


Thanks,

Damian