Apple has lost 5% in share value since the iPhone 7 announcement


CSpackler

macrumors regular
Jun 22, 2010
236
33
On a plane
The averages have been perilously falling all week, and Apple stock has been in a downtrend for some time now. I wouldn't necessarily blame it on the iPhone 7 launch.
 
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T'hain Esh Kelch

macrumors 603
Aug 5, 2001
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It probably fell more because of the lack of a new design and no major new features that other phones don't have - Ie. a lackluster release, in a market where Apple is already selling less than they used to. And perhaps that people expect Apple to pay 21 billion $ to Ireland.
 

CSpackler

macrumors regular
Jun 22, 2010
236
33
On a plane
It'll be thread worthy if the major US indexes correct a portion of the bull market (which started in 2012) and AAPL takes a 50% haircut. But that remains to be seen.
 

DotCom2

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Feb 22, 2009
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First Post G

macrumors 6502
Mar 22, 2011
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Apple's unveiling hasn't gone down particularly well in terms of stocks and shareholders, the shambles of the preorder process will hardly help improve this either, the articles by Forbes is below:

http://www.forbes.com/sites/jaysomaney/2016/09/11/apple-gives-back-almost-5-since-the-big-iphone-7-event/#1b0384e52ab6
It probably fell more because of the lack of a new design and no major new features that other phones don't have - Ie. a lackluster release, in a market where Apple is already selling less than they used to. And perhaps that people expect Apple to pay 21 billion $ to Ireland.
Just look at historical trends for AAPL after announcements. Stock always hits a slump and recovers shortly after. Doesn't have anything to do with the specifics of the announcement. And as another poster noted, the market had a rough day yesterday making matters worse. No concern for any AAPL stockholder.
 

Juan007

macrumors 6502a
Jun 14, 2010
730
690
The entire market has dropped, there was nothing unexpected about iPhone 7 (except to those uninformed).

Just wait until the Intel vs Qualcomm scandal breaks and Apple has half of their US customers completely PO'd.. that will move the stock price.
 

imaginex20

macrumors 65816
Jun 17, 2009
1,355
336
The stock market on Friday had the biggest drop since Brexit. Apple's announcement of the iPhone 7 had nothing to do with the 5% drop.

As a matter of fact the market will be volatile up until the FOMC meeting on Sept 20th.