Ha, this was going to be my literal verbatim response. You beat me to it.
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Apple Loses Trillion Dollar Company Status Due to 10% Slide on Stock Market Since Thursday
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Ha, this was going to be my literal verbatim response. You beat me to it.
Apple's trillion dollar status is at a lower per share price now because of the buyback. So, at ~$200 per share it got back up to the trillion dollar rank again.
Nope. Apple is clearly shifting focus and they don’t want their iPhone sales to be the only reason folks have for investing. Thus they stopped hawking the sales numbers as the end all and be all.
Now as for analysts etc. yeah they want to buy cheap so they will do everything they can to paint the decision in bad light so that the value drops especially before there might be articles about long lines, or an earnings call that still has the dollar amounts earned just not perhaps per item. And then there’s the election tomorrow. it’s going to make a difference if that election swings the Congressional vote over to the Democrats since they could vote to remove the trade issues with China (which could affect all tech companies) etc. some folks might be so scared that it won’t and the trade will stay poor that they decided to get out while they could. Google and several other tech related companies are down as well
Time to buy a little more AAPL. Will be up 10% in no time.
If there’s not a law requiring it then the choice is simple, Apple discloses what they want and if an investor has an issue with something not being revealed, he or she is welcome to sell their stocks.
Do you people see what happens when Apple finally capitulates and gives you a new Mac Mini?
DO YOU SEE WHAT HAPPENS?????
DO YOU SEE WHAT HAPPENS?????
Not even close. They are $200 billion lower. Microsoft is next in line and is about $146 billion lower than Apple.
Maybe apple should lower the crazy prices on iPhones and iPads a bit.
LOL. That’s the most hilarious thing I’ve read in weeks. The only way ‘greedy apple’ is going to end is if everyone stops buying their products.
Good! Maybe Apple will learn they can't solely make new products for just the upper upper class. They can't just leave the middle class to pick at 2-5 year old tech. This is what happens, Apple!
Clearly, they need to mark up their prices!
Maybe they should innovate..... modular Mac Pro.... or iMac Pro with a detached Monitor..... OEM a decent and fairly price monitor so we can industrial design our desks.....
A company's whose Desktop Flagship Computer that looks like an office trash can and is 5 years old tech - does not deserve the Trillion $$$ feather in the cap.
A company's whose Desktop Flagship Computer that looks like an office trash can and is 5 years old tech - does not deserve the Trillion $$$ feather in the cap.
It only takes about the 1/2 the people to stop buying iPhones. All their other products combined couldnt keep them afloat
MS is mostly services and software. Along with Google. Apple is all about hardware.
People stop buying iphones, it will hit their profits hard.
Need to increase the ASP of each iPhone to compensate for this seeing as number of iPhones sold doesn't matter anymore.
The news would be if this is the start of the next major market crash...one that is going to be much bigger than '08.
I think that if you have nothing to hide, you can always show the unit sales. I don't think you can find an argument to prove it's better not to report the unit sales.
Obviously it's because Apple is selling a lot more older devices (iPhone 7, 6s in last year) than the new ones, because of the price. When the iPhone 7 came out, I have started to see them a lot in public 2-3 months after the launch. But iPhone X? Saw just bunch of people with iPhone X (since the launch).
Obviously it's because Apple is selling a lot more older devices (iPhone 7, 6s in last year) than the new ones, because of the price. When the iPhone 7 came out, I have started to see them a lot in public 2-3 months after the launch. But iPhone X? Saw just bunch of people with iPhone X (since the launch).
Looking at the history when it drops this much it usually bounces pretty quickly. But the whole market seems down lately, and with uncertaintly from the growing trade war with China, who knows what might happen.