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basesloaded190

macrumors 68030
Oct 16, 2007
2,693
5
Wisconsin
Look at the overall market. It's been on a two week plus losing streak and like ^^^ stated, Europe trouble is killing US stocks right now
 

kapolani

macrumors 6502
Feb 24, 2011
268
559
USA
I wouldn't worry about the price too much.

What has fundamentally changed? Nothing. It's still the company that we believe it is. Macro economic issues are what's causing this market sel loff.

Good time to back up the truck and load up.

FWIW - AAPL is one of the most manipulated stocks that I follow. Big Funds control its action.
 

guzhogi

macrumors 68040
Original poster
Aug 31, 2003
3,740
1,831
Wherever my feet take me…
Thanks for the info, guys. I'm in no way a market buff. Just thought that that's a big change, even relative to all other stocks.

I've been in it since $68.85 when I bought in with 1000 shares:eek::D

How much do I hate you right now? :p Just a little jealous. Actually, wish I had won that big $600 million lottery & got in in 1997 or whenever when was at what, $3? That would've been 200 million stocks, now 400 million due to the stock split. If I had sold when stocks were at 636, I'd have $254,400,000,000 ($254.4 billion)! But then again, hindsight is always 20/20, right?
 

guzhogi

macrumors 68040
Original poster
Aug 31, 2003
3,740
1,831
Wherever my feet take me…
Plus, Apple hasn't released new versions of their products in a while. I guess that come WWDC and the release of the next version of iOS, iPhone, Mountain Lion and whatever else Apple releases this summer, AAPL will be higher than ever.

But, as stated, in 3 years or so, we'll see how AAPL does.
 

smoledman

macrumors 68000
Oct 17, 2011
1,943
364
Mostly profit taking. I expect after the Mac refresh and iPhone 5 it will go to $700-$800 by end of year.
 

KylePowers

macrumors 68000
Mar 5, 2011
1,688
197
As someone else mentioned, I think the next iPhone will make the stock price boom again. Good time to buy though right now. It'll only go up as the Macs get refreshed, iOS gets introduced, and the iPhone/iPod line get refreshed. I'd predict back in the 600s easily in the next few months, perhaps even in the 700s or a tad higher by the end of the year.

But I'm an electrical engineer[ing student], not a stock broker, so what do I know :p
 

Tiggs

macrumors 6502
Jul 6, 2011
268
3
Still Microsoft stock is only down $2 in the same span.

MSFT is down more like $3(32 to 29) or about 10% off recent highs, comparable to AAPL. MSFT is down over 50% from its peak 10+ yrs ago while AAPL is up over 1,000% in that same timeframe.
 
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