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Apple tanking

C

cord2

macrumors newbie
Original poster
Dec 14, 2012
4
0
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:
C

cord2

macrumors newbie
Original poster
Dec 14, 2012
4
0
stridemat said:
Tanking, or is now the time to buy cheaper?

Shares go up, Shares go down.
Click to expand...

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.
 
Rogifan

Rogifan

macrumors Penryn
Nov 14, 2011
24,149
31,205
einmusiker said:
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"
Click to expand...

iPhone and iPad are Apple's biggest revenue generators. I don't see them getting less love anytime soon.
 
M

malman89

macrumors 68000
May 29, 2011
1,651
6
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.
 
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