Does the 7:1 split tempt you to buy more AAPL stock?

iMore.com

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Nov 15, 2013
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Yesterday Apple's stock started trading post 7-1 split. For every share that existed before there are now 6 new shares alongside it. If you owned 100 shares of Apple you now own 700 shares. Instead of the stock trading above $600 it now trades in the $90s.
Apple announced the split in late April alongside the Q2 results. At the time I explained how splits work and how they don't mean anything from a financial perspective. It would be similar to taking your giant slice of pizza and cutting that slice into 7 smaller slices. You'd still have exactly the same amount of pizza.

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Algus

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Apr 22, 2013
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Yes, absolutely it does. As long as the price doesn't spike significantly, I'm going to start buying shares once my next paycheck comes in.
 

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