Apple stock down $12.13 today

Discussion in 'iPhone' started by TonyC28, Jun 29, 2010.

  1. TonyC28 macrumors 65816

    TonyC28

    Joined:
    Aug 15, 2009
    Location:
    USA
    #1
    Apple's stock fell $12.13 today, a day after they announced huge sales numbers for iPhone 4. Is "stay tuned" not the best strategy?
     
  2. St. Germain macrumors 6502

    Joined:
    May 19, 2006
    #2
    Sounds like a great time to buy. :D
     
  3. kas23 macrumors 603

    kas23

    Joined:
    Oct 28, 2007
    #3
    Not yet. Stay tuned.
     
  4. Munitalp macrumors 65816

    Joined:
    Jul 17, 2007
    #4
    You're totally wrong. All tech stocks were way down due to a fear that China's economy will experience a slowdown. It has NOTHING to do with the reception issues or Apple Senior Tech Support Assistants giving out free bumpers, etc.
     
  5. Claude626 macrumors 6502

    Joined:
    Jun 21, 2010
    #5
    non-issue. stay tuned.
     
  6. Subliminal28 macrumors newbie

    Joined:
    Jun 25, 2010
    #6
    Like the above person said, all tech stocks went down... as a matter of fact most stocks went down. The DJIA went down 2.65% which is huge for one day... I don't think Apple's stock would go down due to their ****up with the iphone 4.
     
  7. spblat macrumors 6502a

    spblat

    Joined:
    Jun 18, 2010
    #7
    The whole market's down. Google's down 3.8% to Apple's 4.6% drop. I don't see an iPhone connection.
     
  8. appleguy123 macrumors 603

    appleguy123

    Joined:
    Apr 1, 2009
    Location:
    15 minutes in the future
    #8
    All technology stocks dropped due to fear of the Chinese markets and a possible double dip recession.
     
  9. -aggie- macrumors P6

    -aggie-

    Joined:
    Jun 19, 2009
    Location:
    Where bunnies are welcome.
    #9
    Exactly. This has nothing to do with the news reports. AAPL actually went up yesterday and for the week was fairly flat (until today).
     
  10. itcrashed macrumors regular

    itcrashed

    Joined:
    May 4, 2010
    Location:
    Bay Area, CA
    #10
    yep. non-issue. stay tuned.
     
  11. Jack Dangers macrumors regular

    Joined:
    Oct 29, 2007
    #11
    ha ha! funny thread. like others have said, the markets got hammered today on the poor economic outlook.
     
  12. bluenoise macrumors 6502a

    Joined:
    Jul 16, 2008
    #12
    What?! Are you guys all saying there are other stocks trading besides AAPL? Next thing you're going to say is that the world stock markets don't all revolve around the iPhone 4.
     
  13. chrisk1250 macrumors member

    Joined:
    Mar 2, 2010
    #13
    Market overall is down on the day.

    People that regularly trade AAPL buy the rumor and sell the news. Meaning: buy buy buy in anticipation of some event (iPad unveiling, etc) and sell the day of.

    You should understand that stocks don't just go up up up and up. People take profits. There are levels of support and resistance.
     
  14. scaredpoet macrumors 604

    scaredpoet

    Joined:
    Apr 6, 2007
    #14
    Someone's trollin'. That or they didn't check the markets in general:

    [​IMG]

    And yeah, compared to the past two years, Apple's doing extremely well.
     
  15. darngooddesign macrumors G3

    Joined:
    Jul 4, 2007
    Location:
    Atlanta, GA
  16. Goaliegeek macrumors 6502a

    Goaliegeek

    Joined:
    Apr 13, 2009
    Location:
    Colorado
    #16
    Apple is saving the worlds economy, one product at a time. Think about it, people have bought at least 2 million iPhone 4's and have spent anywhere between $199 and $699. Not to mention money spent on bumpers and other accessories.
     
  17. 0dev macrumors 68040

    0dev

    Joined:
    Dec 22, 2009
    Location:
    127.0.0.1
    #17
    The stock did not fall. In fact, there is no stock.
     
  18. appleguy123 macrumors 603

    appleguy123

    Joined:
    Apr 1, 2009
    Location:
    15 minutes in the future
    #18
    Getting people to spend money that the majority of them don't have is not a good thing.
    When I was in the iPhone line therenwere people in the line talking about how they would miss house payments to buy this phone.
     
  19. 0dev macrumors 68040

    0dev

    Joined:
    Dec 22, 2009
    Location:
    127.0.0.1
    #19
    These were the same people who subprime mortgages were aimed at, no doubt :rolleyes:
     
  20. bluenoise macrumors 6502a

    Joined:
    Jul 16, 2008
    #20
    It's all fine, though. There's a certain someone who has a "stash" of cash to help them out. :rolleyes:


    I like your sig line, by the way. :D
     
  21. Dammit Cubs macrumors 68000

    Dammit Cubs

    Joined:
    Jul 31, 2007
    #21
    it's only a 5% drop. and tech stocks are down.

    welcome to the stock market. There are ups and downs.
     
  22. tivoboy macrumors 68030

    Joined:
    May 15, 2005
    #22
    aapl

    I had short puts at $250 bought YESTERDAY that were up 250% today, I sold them of course (paying for my new iphone4 and two years of AT&T service) but I am STILL returning the iphone4, it drops calls like nobody believes. There IS a reception issue, NQA.

    But, I would not BUY $aapl at this level, 225, or 200$ is a much clearer signal.
     
  23. iMJustAGuy macrumors 68020

    iMJustAGuy

    Joined:
    Sep 10, 2007
    Location:
    Beach, FL
    #23
    Alright Palm! Hangin in there strong!
     
  24. Chupa Chupa macrumors G5

    Chupa Chupa

    Joined:
    Jul 16, 2002
    #24
    You seem to connect the dots as well as my last stockbroker -- 15 years ago. The DOW was down 268 today. Nearly everything w/ a ticker symbol got slaughtered. Learn to read the news before you start drawing inferences.
     
  25. FSUSem1noles macrumors 68000

    FSUSem1noles

    Joined:
    Feb 23, 2006
    Location:
    Ft. Lauderdale
    #25
    If there's one thing I've learned since buying into Apple stock, if it's not the most, it's one of the most volatile stocks on the market! can't pay any attention to day to days...

    Apple = looooooooooooooooooooooooonngggg
     

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