Apple announces two-for-one stock split

What happens for the ten days between the split and trading on split-adjusted basis?

My understanding is that the Feb 18th date is just a record-keeping formality, and if you sell Apple stock between the 18th and the 28th, you will also sell the right to your extra shares.

So, for all practical purposes, the stock doesn't split until the 28th.

At least this will take Apple out of the "oh, the stock price is too high, it's going to implode" spotlight for a little while; of course, I wouldn't mind another run up to $80 sometime this year!

Good move!

Fantastic!

oh yeah baby... $$$ !!!

But a stock split is just another sign that its the beginning of the end. Low mac sales. The iPods imminent implosion due to Napster and the Dell DJ (which is one hip looking box!), Linux taking over the desktop, IBM taking another 18 months to get a 15% jump in processor speed, and Jobs leaving to take over Disney. [Not to mention the rumors of the impending return of the Performa line, completely unchanged since it was sacked many years ago]

You've been warned!

"Not to mention the rumors of the impending return of the Performa line, completely unchanged since it was sacked many years ago"

Aaaaaaaaaaargh ... finally !

Hey... I missed seeing the big herd of MONKEYS FLYING OUT OF MY ARSE.... anyone see them.... they may be with the pink elephants and Dumbo up in a tree somewhere as well.

rotflmao

but seriously... Apple is going to start growing and is adapting to modern times. Plus in short... they can change and or add to their iTunes plan to do subscription in the future... they are not locked into pay only if the public desires subscription etc...

MacMoose

If I'm stupid for buying an iPod, I must really be a mouth-breathing moron for owning AAPL stock (bought at $19).

Hahahahahahahahaha!