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Old Jan 24, 2013, 01:50 PM   #1
cord2
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Apple tanking

As of 1/24/13 apple stocks dropped to a market cap of 428. And stocks have plummeted from 512 to 452 (424 at open) in less than a day of investors dropping the stock after the Q1 report for 2012 sales were released.

Apparently Apple has reported 2012 flat profit growth, and tepid iPhone 2012 sales.

For visual graphical info and charts showing exactly why investors are dropping that Apple stock like a hot potato

Source: http://iclarified.com/entry/index.php?enid=26921

Last edited by cord2; Jan 26, 2013 at 04:06 PM.
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Old Jan 24, 2013, 01:52 PM   #2
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Tanking, or is now the time to buy cheaper?

Shares go up, Shares go down.
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Old Jan 24, 2013, 01:53 PM   #3
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There's already plenty of threads that you should have posted this under that are currently being discussed.
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Old Jan 26, 2013, 04:03 PM   #4
cord2
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Originally Posted by stridemat View Post
Tanking, or is now the time to buy cheaper?

Shares go up, Shares go down.
Only time will tell, but if you look at the link in post 1, the problem seems to be sluggish sales and little to no growth.

If that trend continues, then I'd say its tanking.
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Old Jan 26, 2013, 04:06 PM   #5
simsaladimbamba
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Originally Posted by cord2 View Post
If that trend continues, then I'd say its tanking.
What defines as "tanking"? Making more profit than anyone else in the same field does not seem to define "not tanking" I suppose?
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Old Jan 26, 2013, 04:08 PM   #6
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the bubble had to burst at some point, it was only a matter of time. This can only be a good thing for those of us that want apple to get back to "computing"
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Old Jan 27, 2013, 10:54 PM   #7
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the bubble had to burst at some point, it was only a matter of time. This can only be a good thing for those of us that want apple to get back to "computing"
iPhone and iPad are Apple's biggest revenue generators. I don't see them getting less love anytime soon.
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Old Jan 28, 2013, 05:46 AM   #8
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It's just basically an adjustment of expectations. The loftier and loftier expectations created the need to make a home run, never been done before product with every release - and that's not realistic.

At this point, $400 or $700 is just a number for Apple. It's not really indicative of any short or long term crises just yet.
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