Apple tanking

Discussion in 'Apple, Industry and Internet Discussion' started by cord2, Jan 24, 2013.

  1. cord2, Jan 24, 2013
    Last edited: Jan 26, 2013

    macrumors newbie

    Joined:
    Dec 14, 2012
    #1
    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
     
  2. Moderator

    stridemat

    Staff Member

    Joined:
    Apr 2, 2008
    Location:
    Southampton, UK
    #2
    Tanking, or is now the time to buy cheaper?

    Shares go up, Shares go down.
     
  3. macrumors 68030

    basesloaded190

    Joined:
    Oct 16, 2007
    Location:
    Wisconsin
    #3
    There's already plenty of threads that you should have posted this under that are currently being discussed.
     
  4. thread starter macrumors newbie

    Joined:
    Dec 14, 2012
    #4
    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.
     
  5. simsaladimbamba

    Joined:
    Nov 28, 2010
    Location:
    located
    #5
    What defines as "tanking"? Making more profit than anyone else in the same field does not seem to define "not tanking" I suppose?
     
  6. macrumors 68030

    einmusiker

    Joined:
    Apr 26, 2010
    Location:
    Location: Location:
    #6
    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"
     
  7. macrumors G5

    Rogifan

    Joined:
    Nov 14, 2011
    #7
    iPhone and iPad are Apple's biggest revenue generators. I don't see them getting less love anytime soon.
     
  8. macrumors 68000

    Joined:
    May 29, 2011
    Location:
    Michigan
    #8
    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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