Apple INC. Announces 7:1 Split

Things are shaking up at Apple INC. (AAPL).  They have announced a whopping 7:1 stock split, plus an a dividend increase of 8% and will be increasing their annual buy back of stock by 50%.  Yes this is all good and the spit is exceptional to my formula to buy in.  After the spit on for stockholders of record prior to June 2, 2014 the price should drop to the $75.00 range.  Currently the stock is selling today for the $567.13 range.  So a little pricey.  But if you have some cash to invest or duds in your portfolio you are wanting to get rid of, now is the time and load up as much as you can afford on Apple.  After the split at a price of around $75.00 per share I see little in the future but this stock continuing to climb.  Wait for a nice increase you are comfortable with of around 15 to 20 percent and take your profits, unless you wish to hold for the long haul, which may not be a bad idea.

What prompted this unexpected 7:1 stock spit announcement that caught all analyst by surprise?  Well, they had an awesome 1st quarter in sales with the opening of new foreign markets for the iPhone of which they made a killing.  Also for all the other standard reasons that a company deems that it is time to split the shares for themselves and investors.

Apple INC. is a solid tech stock in the market.  There is even talk of Apple INC. becoming a member of the 30 stocks that make up the Dow Jones Industrial Average and kicking out Cisco that does not represent to true form anymore.  Apple is the worlds most valuable company, making it posed to join the DJIA.

Hope this information is useful and perhaps the opportunity you were seek.  I have put my money where my mouth is on Apple INC. and have bought in waiting for this split.

Gus S.

Disclaimer: Make sure to review any information found on this blog site with your personal financial advisor before making any decisions. I am providing general information and not financial advise. I am not a licensed stockbroker or financial advisor.