Alphabet, Amazon, Apple, Facebook

Investing and Markets 📈
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Earnings for these monoliths out later on this evening. Should be interesting …
NASDAQ is up today and expectations are high so dodgy figures will not go down well.

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2

Forgot Google.

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3

Right enough - updated :+1:

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4

Facebook and Amazon beats

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5

Amazon +4% extended hours, Facebook +5.5%

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7

Had a quick look:

  • Facebook, Amazon, and Apple did well.
  • Apple announced a 4 for 1 stock split.
  • Surprised with Facebook, thought they’d have been affected.
  • Google reported a decline in search ad revenue.
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8

What does apple stock split mean for the share price?

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What means this split?

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for every share you get 4 new shares with 1/4 of the value.

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11

Hum…why are they doing it?

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Oftentimes to make it more accessible to private investors. Who can buy shares that cost hundreds of dollars without fractional shares? Not many.

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13

Sell the news? I wouldn’t as they will probably smash q4 too

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Apple is unsoldable​:innocent::cold_face::money_mouth_face:

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Why are they doing it? because they are confident in their products and services and can make it rise again! this is a cash cow!

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IPhones have a special place in the market, but China has advanced.

https://www.google.co.uk/amp/s/www.theverge.com/platform/amp/2020/7/30/21347685/worlds-biggest-smartphone-company-huawei-overtakes-samsung-canalys

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They are doing it because Apple is part of the Dow Jones 30 which is calculated based on a share price weighted basis (as opposed to market capitalisation weighted basis for the S&P500).

Almost every major US share brokerage company offers fractional shares now so accessibility is not really a factor here.

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19

For those unfamiliar with Apple’s stock splits, its stock will have been split 224 times if you include the latest one :slight_smile: I remember that the price used to be above 400 before the 7-1 split.

From their investor relations page:

How many times has Apple’s stock split?

Apple’s stock has split four times since the company went public. The stock split on a 7-for-1 basis on June 9, 2014 and split on a 2-for-1 basis on February 28, 2005, June 21, 2000, and June 16, 1987.

On July 30, we also announced a four for one split of Apple common stock and trading will begin on a split adjusted basis on August 31, 2020.

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I bought afew apple shares last year the price has risen alot over that time this is the first time i’ve experienced a stock split so will be interesting to see it and how it affects the shares if at all.

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Now I understand why the value of Apple shares’s never passed £1000.

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