Good time to buy Apple stock?

Discussion in 'Buying Tips and Advice' started by dongmin, Jul 13, 2006.

  1. dongmin macrumors 68000

    dongmin

    Joined:
    Jan 3, 2002
    #1
    Apple stock at a 8-month low. It's lost about 25% in a month. What gives?

    Presumably there'll be a run-up on AAPL until WWDC, which is in about 24 days. So when do you guys think is good time to buy?
     
  2. WildCowboy Administrator/Editor

    WildCowboy

    Staff Member

    Joined:
    Jan 20, 2005
    #2
    Not much has changed in the last two weeks...except it's dropped a bit lower.

    I'm still not buying.
     
  3. Timepass macrumors 65816

    Joined:
    Jan 4, 2005
    #3
    I would not expect to see stock price any where close to what they where. Apple stock finally fell from being over valued to about what it should be. I expect it to drop a little lower and at WWDC to shoot up some then drop back down and hover around what it is now.
     
  4. alec macrumors regular

    Joined:
    Oct 19, 2005
    Location:
    Washington DC
    #4
    The drop, specifically in the past week, came from a few analysts saying there will be earning warnings with profits for the fourth quarter for Apple. Not releasing new iPods in a timely manner is starting to affect the bottom line. Also, consumer credit is really tightening up and Apple is a luxury brand... I could go on for a while but if you're really interested, you can PM me (I follow the stock pretty well).

    -Alec
     
  5. Dreadnought macrumors 68020

    Dreadnought

    Joined:
    Jul 22, 2002
    Location:
    Almere, The Netherlands
    #5
    Here in Europe it's the other way around, consumers are spending more and there is more confidence that it's going better. Also Apple is getting more and more marketshare here.
     

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