Apple tanking

cord2 · 04:06 PM

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

stridemat · Jan 24, 2013, 01:52 PM

Tanking, or is now the time to buy cheaper?

Shares go up, Shares go down.

basesloaded190 · Jan 24, 2013, 01:53 PM

There's already plenty of threads that you should have posted this under that are currently being discussed.

cord2 · Jan 26, 2013, 04:03 PM

Quote:

Originally Posted by stridemat

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.

simsaladimbamba · Jan 26, 2013, 04:06 PM

Quote:

Originally Posted by cord2

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?

einmusiker · Jan 26, 2013, 04:08 PM

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"

Rogifan · Jan 27, 2013, 10:54 PM

Quote:

Originally Posted by einmusiker

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.

malman89 · Jan 28, 2013, 05:46 AM

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.

Jan 24, 2013, 01:50 PM	#1
cord2 macrumors newbie Join Date: Dec 2012	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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Jan 24, 2013, 01:52 PM	#2
stridemat Demi-God (Moderator) Join Date: Apr 2008 Location: UK	Tanking, or is now the time to buy cheaper? Shares go up, Shares go down. __________________ I support the MacRumors Blood Drive!
	0

Jan 24, 2013, 01:53 PM	#3
basesloaded190 macrumors 68030 Join Date: Oct 2007 Location: Wisconsin	There's already plenty of threads that you should have posted this under that are currently being discussed. __________________ 2011 MacBook Pro 15 HR Anti-Glare, Etymotic ER-4p, iPhone 4 32GB Twitter
	1

Jan 26, 2013, 04:08 PM	#6
einmusiker macrumors 68020 Join Date: Apr 2010 Location: Location: Location:	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" __________________ I <3 iPad and Macbook, I <3 GoOgle Voice, I <3 my Android phone. waiting for the shtuff to hit the fan when people start using tons of data on LTE :Popping popcorn:
	0

Jan 28, 2013, 05:46 AM	#8
malman89 macrumors 65816 Join Date: May 2011 Location: Michigan	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. __________________ Late 2006 Model - 13.3" MacBook, 2 GHz C2D, 4 (3.3) GB RAM, 500 GB 7200rpm HD running OS X 10.5.8
	0


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