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

Discussion in 'Apple, Inc and Tech Industry' started by jafacake310596, Sep 11, 2016.

  1. jafacake310596 macrumors regular

    jafacake310596

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    #1
  2. CSpackler macrumors regular

    CSpackler

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    #2
    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.
     
  3. edlex macrumors 68000

    edlex

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    #3
    Buy on rumor sell on news. It'll go back up shortly after launch.
     
  4. Gathomblipoob macrumors 601

    Gathomblipoob

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    #4
    This seems to happen almost every year immediately after the launch.
     
  5. T'hain Esh Kelch macrumors 601

    T'hain Esh Kelch

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    #5
    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.
     
  6. chrizzz09 macrumors regular

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    #6
    This happens after every iPhone announcement...nothing really earth shocking . Not really thread worthy...
     
  7. CSpackler macrumors regular

    CSpackler

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    #7
    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.
     
  8. DotCom2 macrumors 68040

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    #8
    The whole market has dropped!
    Everyone is antsy over what the Feds are going to do with interest rates.
     
  9. 12vElectronics macrumors 68040

    12vElectronics

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  10. maxsix Suspended

    maxsix

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    #10
    Market fluctuation isn't a direct reflection on iPhone 7. There's plenty of other influencing factors.
     
  11. First Post G macrumors regular

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    LA
    #11
    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.
     
  12. Juan007 macrumors 6502a

    Juan007

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    Jun 14, 2010
    #12
    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.
     
  13. imaginex20 macrumors 65816

    imaginex20

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    #13
    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.
     
  14. jaduff46 macrumors regular

    jaduff46

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    #15
    Actually, probably until after the election.
     
  15. DotCom2 macrumors 68040

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    #16
    Actually until after the election and after the Fed's decide on interest rates.
     
  16. Tech198 macrumors G4

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    Australia, Perth
    #17
    oh,.... Down i go..
     

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