Apple share price

Discussion in 'Apple, Inc and Tech Industry' started by Apple Architect, Jun 13, 2007.

  1. Apple Architect macrumors regular

    Joined:
    Apr 4, 2007
    #1
    Anyone else wondering why the sudden drop in Apple stock price.

    It is taking a pounding at present.


    Looks like it may be time to buy some more.
     
  2. yagran macrumors 6502a

    Joined:
    Jan 8, 2007
    Location:
    Brighton, East Sussex, UK
    #2
    it dropped after WWDC. unsuprisingly..
     
  3. epochblue macrumors 68000

    epochblue

    Joined:
    Aug 12, 2005
    Location:
    Nashville, TN
    #3
    Well, part of the problem is WWDC. Everyone is so used to Steve getting up there and making such large announcements, that another was expected.

    When his keynote went over like a lead balloon...stock price suffered.
     
  4. AdeFowler macrumors 68020

    AdeFowler

    Joined:
    Aug 27, 2004
    Location:
    England
    #4
    Just a correction I think. Plus some analysts have downgraded.
     
  5. itcheroni macrumors 6502a

    Joined:
    Sep 23, 2005
    Location:
    CA
    #5
    I agree that it's probably a good time to buy. The P/E ratio is pretty low for the growth that's projected. People think the iPhone is already valued in the stock, but I disagree. Even if the iPhone only does well enough to simply make a profit, the stock price is still very reasonable.
     
  6. BoyBach macrumors 68040

    BoyBach

    Joined:
    Feb 24, 2006
    Location:
    UK
    #6
    Increasing market share & game announcements, plus Leopard, iPhone, new iPods and Macs to come.

    Buy! Buy! Buy!
     
  7. Counter macrumors 6502

    Joined:
    Jun 4, 2005
  8. Apple Architect thread starter macrumors regular

    Joined:
    Apr 4, 2007
    #8
    No, since then

    Actually I meant today. The drop after WWDC keynote was expected, although I am so fed up with the "build it up, build it up" view of some of our fellow posters who then are "completely underwhelmed".

    From experience it is always worth buying the shares about 2 weeks before a major event, then selling on the morning of the event.

    I am still a little shocked that SJ announced some pretty significant under-the-cover items for the latest cat and no-one really cares. Just goes to show that most the experts on this board are simply fan-boys.
     
  9. cycocelica macrumors 68000

    cycocelica

    Joined:
    Apr 28, 2005
    Location:
    Redmond, WA
    #9
    I really wish it would go back up. Everyone was expecting something material (i.e., new iMac, etc.) to be announced, and it wasn't. So heres to wishing for an increase on June 29th.
     
  10. psyqd macrumors newbie

    Joined:
    Jun 13, 2007
    #10
    Here, here. I thought that the new features were actually pretty cool. Not as great as Tiger compared to Panther, but these features are still more innovative than Flip 3D or whatever they call it. I guess people just thought one of the top secret features was the second coming of Jesus. Most of the team's energy had to be dedicated to 64-bit, I'm sure.

    Anyway, as per the actual point of the thread, I think the stock drop today was because of all the unexpected problems/deletions (Safari 3.0 bugs, ZFS R/O, lack of Boot Camp integration, no 64-bit Carbon support, etc.).
     
  11. Legolamb macrumors 6502a

    Legolamb

    Joined:
    Nov 27, 2006
    Location:
    North of where I'd like to be
    #11
    More likely tied to the rise in bond prices and general market unease with the rise in interest rates, mortgage, etc. I think the market is going to tumble for a while. Good time to buy if you have the nerve.
     
  12. Apple Architect thread starter macrumors regular

    Joined:
    Apr 4, 2007
    #12
    toe in the water

    Buy on a falling, sell on a rising......

    or is that the other way round :rolleyes:

    Apple stock looks interesting right now, esp with the iPhone coming so quickly. It is just a toss up between

    iPhone sells out on day one. Great media coverage
    iPhone sells out on day one. Scratches and breaks on day two
    The tumble weeds blow passed the apple store full of iPhones. Horrific media coverage.

    I just wish that someone would actually tell us what they are like. How good are they ?
     
  13. zgh1999 macrumors 6502

    Joined:
    May 27, 2007
    #13
    Prior to WWDC, I was holding 500 shares of AAPL, with 300 shares purchased using my life savings, and 200 shares purchased on margin using borrowed funds.

    Then WWDC happened and the stock dived right before WWDC keynote ended -- I panicked and sold all 500 shares at $119 plus that day.

    Bought 275 shares of AAPL back a day or two later at $120 plus, and then it slided down to $117.

    Still holding 275 shares of AAPL.

    This sucks. But I think I will hold on to the 275 shares of AAPL because I think the dip is temporary.

    I just wish Steve Jobs and Apple had announced something on par with iPhone for Leopard -- something amazing.

    I guess I over-expected, and was disappointed as a result.
     
  14. zgh1999 macrumors 6502

    Joined:
    May 27, 2007
    #14
     
  15. zgh1999 macrumors 6502

    Joined:
    May 27, 2007
    #15
    Well, the iPhone announcement in January was the exception. If you have bought and sold before the iPhone announcement in January, you would have missed out big on the surge in AAPL stock price.
     
  16. furious macrumors 65816

    furious

    Joined:
    Aug 7, 2006
    Location:
    Australia
    #16
     
  17. zgh1999 macrumors 6502

    Joined:
    May 27, 2007
    #17
     
  18. Apple Architect thread starter macrumors regular

    Joined:
    Apr 4, 2007
    #18
    hmmm

     

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