How much $$$ did Apple lose today?

[SamHernandez]

Besides losing 10 billion in market value, I mean... seems there were a dozen posters in this forum alone waiting to give Apple 2 grand+ for a new MBP.

[EvryDayImShufln]

Honestly whats up with that huh? I would think maybe people were disappointed with the keynote results. I for one think the macbook air looks like a sweet computer, and I would probably buy it if I didn't have my current macbook pro.

[noodle654]

Besides losing 10 billion in market value, I mean... seems there were a dozen posters in this forum alone waiting to give Apple 2 grand+ for a new MBP.

Yeah...I was just looking at the day close for Apple...and WOW. My dad jumped right on that decline. It closed today loosing I think $9.74...not bad. The market is a wreck right now...it closed today at -$277 which is pretty bad. Apple has been all over the place and probably will be until the we are out of this recession.

[.:R2theT]

Besides losing 10 billion in market value.

Hyperbole. Their stock is still up almost 100% from a year ago.

Remember how many people were like, " $599 for a phone...no frickin' way!" Yet they sold a 250,000 the first weekend. I don't think the Air will be anything like that. It is just another attempt to gain even greater market share. I think Apple knows exactly what they are doing.

[connectingrodd]

Yeah...I was just looking at the day close for Apple...and WOW. My dad jumped right on that decline. It closed today loosing I think $9.74...not bad. The market is a wreck right now...it closed today at -$277 which is pretty bad. Apple has been all over the place and probably will be until the we are out of this recession.


wow your dad has the business sense of a neanderthal

[Vapor]

We are headed over to Apple to spend 1350 on a macbook I should have bought at Christmas. We waited for this........pretty disapointing. Apple Tv now has all the features of my Xbox 360. Way to go Apple.

[quovadis]

Draw your conclusions

[gauchogolfer]

wow your dad has the business sense of a neanderthal

Thank you for your insightful market analysis. I'm looking at buying AAPL also, since it seems artificially low thanks to today's announcements. It dropped right after the iPhone was announced also, IIRC. Look how poorly that's turned out. :rolleyes:

[CJRhoades]

Ouch that sounds bad. I'm sure after a while they will regain their losses though.

[djellison]

They lost £300 from me. I wanted to buy an updated MBP 15".

Instead, I will buy a refurb for £1299.

Doug

[connectingrodd]

Ouch that sounds bad. I'm sure after a while they will regain their losses though.


doubtful, the american economy is headed for a recession and no one is going to be buying over priced toys from apple

[noodle654]

Thank you for your insightful market analysis. I'm looking at buying AAPL also, since it seems artificially low thanks to today's announcements. It dropped right after the iPhone was announced also, IIRC. Look how poorly that's turned out. :rolleyes:

Usually when a product is released, there is usually a decline. Watch Apple very carefully. If anything I would buy right now. Apple was a huge money maker for me and my dad. It started with the iPod when Apple was at like $20 a share. He stayed with it up until last year. You get the idea. I would buy a few shares of Apple. Basically anything that Apple uses (Hitachi for HD, LG for LED, Texas Instruments, Intel, nVidia, ATI(owned by AMD now). I just try to help my dad by giving him companies like that. He jumps on it at the right time and a profit starts!

[Decrepit]

Besides losing 10 billion in market value, I mean... seems there were a dozen posters in this forum alone waiting to give Apple 2 grand+ for a new MBP.

Apple didn't lose any money. How many checks did they write for that loss of market value? Zero. The people who bought the shares on the secondary market have lost some value.

Apple lost nothing.

They weren't going to get anybody's money for a new Macbook yesterday, and they'll get it when the new one is released.

Apple's doing just fine.

[CJRhoades]

no one is going to be buying over priced toys from apple

You'd be very supprised...

[iW00t]

Yeah...I was just looking at the day close for Apple...and WOW. My dad jumped right on that decline. It closed today loosing I think $9.74...not bad. The market is a wreck right now...it closed today at -$277 which is pretty bad. Apple has been all over the place and probably will be until the we are out of this recession.

By the time that happens you'd all be part of China Inc.

[noodle654]

By the time that happens you'd all be part of China Inc.

Hahahahaha....thats a good one!! I like you...you are a funny person!:D

[connectingrodd]

Apple didn't lose any money. How many checks did they write for that loss of market value? Zero. The people who bought the shares on the secondary market have lost some value.

Apple lost nothing.

They weren't going to get anybody's money for a new Macbook yesterday, and they'll get it when the new one is released.

Apple's doing just fine.

wow you have a very poor understanding of markets and economics in general

[Decrepit]

wow you have a very poor understanding of markets and economics in general

I see. Could you please tell me where the money went that Apple lost? Where it will show up on their books as a loss?

Since you have so much more experience and knowledge in economics and finance, please, teach us all how it really works.

[connectingrodd]

I see. Could you please tell me where the money went that Apple lost? Where it will show up on their books as a loss?

Since you have so much more experience and knowledge in economics and finance, please, teach us all how it really works.


thanks for giving me a laugh, in the future don't waste my time child. If you want to learn about economics go and read about it, my time is too valuable to waste on elementary topics.

[Decrepit]

thanks for giving me a laugh, in the future don't waste my time child. If you want to learn about economics go and read about it, my time is too valuable to waste on elementary topics.

Well, we know where you stand now.

You've insulted two posters in this thread, calling one's father a Neanderthal, and me a child.

It appears that it's you that knows nothing, and is only capable of insulting behind a veil of anonymity.

Have a nice day.

[jackc]

Hopefully Jobs is reading this to learn something about how to run a business. [/sarcasm]

[topgunn]

thanks for giving me a laugh, in the future don't waste my time child. If you want to learn about economics go and read about it, my time is too valuable to waste on elementary topics.
Your time is too valuable to quickly explain your position but not too valuable to keep you from comparing a posters parent to a neanderthal. Let me guess, you just finished your research paper on supply and demand for your social studies class? Did you get an A? Gold star for you.

[Sauron's Master]

thanks for giving me a laugh, in the future don't waste my time child. If you want to learn about economics go and read about it, my time is too valuable to waste on elementary topics.

It's an accounting topic.

In fact, the only way market value gains and losses would be recorded on the balance sheet or income statement would be if the corporation marked to market, a practice common largely in financial services firms.

Stockholder's equity is also recorded on balance sheets at par value, not market value. Hence, Apple's balance sheets will also be unaffected in this regard.

Therefore, it's very questionable to say that Apple experienced any accounting or economic loss due to the small decline in its stock value. While the price decline may indicate the market's repositioning of its opinion of Apple's future profits and value, it may also represent a general market correction or be part of market inefficiencies.

Mr. Homo Erectus here may also wish to gain some insight into evolutionary biology as well seeing as how Neanderthals actually had a larger brain size than modern humans and how it's not necessarily the most intelligent or most adapted species that survives.

[Decrepit]

It's an accounting topic.

In fact, the only way market value gains and losses would be recorded on the balance sheet or income statement would be if the corporation marked to market, a practice common largely in financial services firms.

Stockholder's equity is also recorded on balance sheets at par value, not market value. Hence, Apple's balance sheets will also be unaffected in this regard.

Therefore, it's very questionable to say that Apple experienced any accounting or economic loss due to the small decline in its stock value. While the price decline may indicate the market's repositioning of its opinion of Apple's future profits and value, it may also represent a general market correction or be part of market inefficiencies.

Mr. Homo Erectus here may also wish to gain some insight into evolutionary biology as well seeing as how Neanderthals actually had a larger brain size than modern humans and how it's not necessarily the most intelligent or most adapted species that survives.

Bingo.

[dante@sisna.com]

thanks for giving me a laugh, in the future don't waste my time child. If you want to learn about economics go and read about it, my time is too valuable to waste on elementary topics.

Lame, Lame, Lame.

Who is the child?

[snickelfritz]

There was a lot of speculation that Apple would release software and hardware at MWSF that had a more wide-ranging appeal.
The early release of the new Mac Pro, combined with the rather pricy niche notebook they unveiled, probably accounts for the anticlimax at MWSF and the coincidental and probably normal correction of the stock price.

[skunk]

All in all, a perfect day to spend another £3,000 on Apple stock.

[CaptainCaveMann]

Besides losing 10 billion in market value, I mean... seems there were a dozen posters in this forum alone waiting to give Apple 2 grand+ for a new MBP.

They lost my money, that macbook air is ridiculous. I'm waiting for an aluminum macbook, or a better built macbook pro. Heres to hoping! :cool:

[LizKat]

doubtful, the american economy is headed for a recession and no one is going to be buying over priced toys from apple

Here's a news flash for you, if not for the business world, which already knows this: the demand for Apple's stuff is not always directly related to how much it costs.

I think they got the price points right on the mba rollouts. I was thinking they lowballed the one with the hard drive in it, actually. It made me think harder about what I was really looking for in an ultraportable, versus my workhorse machines, and what I'd pay for what I wanted.

Yah, so I shocked myself and went for the high end one after I thought through how often I actually use the various ports on my Powerbooks when I'm not home and half a room away from a pile of drives and cables etc.

They got the ports right on the MBA, at least for me. The optional ethernet adapter was a dealmaker, the lack of firewire not a dealbreaker, the external Superdrive an appreciated (and purchased) option. And my opinion does count, because I'm among those who plunked down the bucks for the thing today.

I realize there are other people who, like me, waited past several revs of the Macbooks, hoping for some kind of ultralight version of the G4 in size and color. Unlike me, some of them will not pick up the MBA if their computing requirements make it seem to fall short. I just happen to have disliked the macbook / pro options enough and yet wanted an intel mac enough that the MBA fits the bill. Personally I'd guess this is a big hit for Apple and they'll sell a boatload of the things while we all complain about our new machine like the brats we are. Well like the brat I am.

There's still unsatisfied demand for an ultraportable out there, so Rev B (C, D... Apple's on a roll now with the technology of multitouch) may entice the rest of the Mac-but-not-this-Mac crowd on board. Either way I don't think the recession is steering the ultraportable market. When you see a Mac you really go for, it's over and you get on the bus, it just happens. You axe something else in the budget. Like food, and shoes. I'm so happy that my long wait for a new machine is finally almost over, and I'm thrilled by the Feb 6th ship date of my MBA! :D

[Decrepit]

They lost my money, that macbook air is ridiculous. I'm waiting for an aluminum macbook, or a better built macbook pro. Heres to hoping! :cool:

So, they didn't lose anything but interest. If you bought today, they'd have your money today and it would compound in the bank. (GREATLY generalizing).

If you buy in 2-6 months, they get your money then.

In both cases they get money. So, no loss.

[connectingrodd4]

Here's a news flash for you, if not for the business world, which already knows this: the demand for Apple's stuff is not always directly related to how much it costs.

seeing how apple has not been tested with a major depression yet I hardly think you can make this statement:)

I think they got the price points right on the mba rollouts. I was thinking they lowballed the one with the hard drive in it, actually. It made me think harder about what I was really looking for in an ultraportable, versus my workhorse machines, and what I'd pay for what I wanted.

Yah, so I shocked myself and went for the high end one after I thought through how often I actually use the various ports on my Powerbooks when I'm not home and half a room away from a pile of drives and cables etc.

They got the ports right on the MBA, at least for me. The optional ethernet adapter was a dealmaker, the lack of firewire not a dealbreaker, the external Superdrive an appreciated (and purchased) option. And my opinion does count, because I'm among those who plunked down the bucks for the thing today.

I realize there are other people who, like me, waited past several revs of the Macbooks, hoping for some kind of ultralight version of the G4 in size and color. Unlike me, some of them will not pick up the MBA if their computing requirements make it seem to fall short. I just happen to have disliked the macbook / pro options enough and yet wanted an intel mac enough that the MBA fits the bill. Personally I'd guess this is a big hit for Apple and they'll sell a boatload of the things while we all complain about our new machine like the brats we are. Well like the brat I am.

haha keep on dreaming child, this is the most pointless machine that I have ever seen. It doesn't excel in portability the damn thing is still was long as the macbook, it doesn't xccel in processesing (I think that we've already covered this), doesn't accel in features (not by a long shot) nor does it excel in value (there is no debating this). Some one would have to be a ****ing idiot to buy this computer

There's still unsatisfied demand for an ultraportable out there, so Rev B (C, D... Apple's on a roll now with the technology of multitouch) may entice the rest of the Mac-but-not-this-Mac crowd on board. Either way I don't think the recession is steering the ultraportable market. When you see a Mac you really go for, it's over and you get on the bus, it just happens. You axe something else in the budget. Like food, and shoes. I'm so happy that my long wait for a new machine is finally almost over, and I'm thrilled by the Feb 6th ship date of my MBA! :D

you moron, you have no idea what a recession will cause. It will hit almost every company hard and it will be particularly painful for tech companies that are basically just selling luxury products that people can easily do with out with. When people are having trouble making ends meet the last thing they are going to be looking at is 3000 dollar ultra portables that give horrible value for money

[CaptainCaveMann]

So, they didn't lose anything but interest. If you bought today, they'd have your money today and it would compound in the bank. (GREATLY generalizing).

If you buy in 2-6 months, they get your money then.

In both cases they get money. So, no loss.

Read the title of the original thread. Notice anything significant? Oh thats right, the word TODAY. :D

[BklynKid]

I was one of them. Been waiting for a MBP update since September and was ready today to get the top of the line whatever that may have been.

I just can't get myself to do it now, for one I've waited all this time already and I know I will regret it when they come out with it in a few months. Then again I don't know if I can wait at all... we'll see if I can fight the temptation to buy another PC (I'd be a switcher with this MBP). So yea, maybe Apple lost me before they ever got me, we'll see.

[twitter]

I was one of them. Been waiting for a MBP update since September and was ready today to get the top of the line whatever that may have been.

I just can't get myself to do it now, for one I've waited all this time already and I know I will regret it when they come out with it in a few months. Then again I don't know if I can wait at all... we'll see if I can fight the temptation to buy another PC (I'd be a switcher with this MBP). So yea, maybe Apple lost me before they ever got me, we'll see.

hey that could have been me that wrote that
i was waiting since sept. as well and would have given
them my money this month but no MBP update
so i wont buy one.
i thought i would get the older one if nothing comes today
but no dont think so, i guess i wait a bit longer
even my old lapotp gets slower everyday.

but on the other side i am also disap. with the -7% drop
of the shares, even knowing they would fall like after every macworld
....

[TantalizedMind]

I was in the same boat. I was ready to buy one tomorrow but yuckie! I hate the name, hate the color, hate the keyboard, hate the price tag.

[JNB]

MWSF, a SteveNote, new goodies (whether we like them or not), and a troll spanked, all in the same day.

I'm so giddy!

[thegeist]

We are headed over to Apple to spend 1350 on a macbook I should have bought at Christmas. We waited for this........pretty disapointing. Apple Tv now has all the features of my Xbox 360. Way to go Apple.

Took the words right out of my mouth.

[kellen]

Buy the rumor and sell the news. Last 3 big events with apple have caused a drop in market price of apple if I recall. Thats the day of, not leading up to. Was an interesting article on it at money.com, saying how shorting it may be a way to make money.

Don't think the drop in the price of apple has been this great ~5%, but no doubt apple is still doing great.

[ddavid]

you moron, you have no idea...
Hmm. Your impressive debate abilities seem to have gotten you banned.

I was one of them. Been waiting for a MBP update since September and was ready today to get the top of the line whatever that may have been.
Me too! However I need 3 MBP's really soon and am getting a little frustrated.

[CJRhoades]

Hmm. Your impressive debate abilities seem to have gotten you banned.

LOL