Apple stock down $12.13 today

[Sinfire]

The last I saw the whole market was down today so it was not just Apple. Also keep in mind, they gained a lot over the past week or two, so it was going to come down eventually.

 

[Eric-PTEK]

I remember reading that Apple's stock falls every time they've released a phone.

Can't find the article but read it about 2-3 months ago.

 

[TonyC28]

Good points by all. I'm no market expert so I was surprised that Apple was down when they had such a good weekend. The consensus seems to be that it's the fault of the Chinese. Damn them!

 

[tivoboy]

beta

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

that is called BETA and apple at 1.5, means it will vary much MORE than the overall market

 

[Reed Rothchild]

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.

Very true. Those people working for $9.80 a day at Foxconn (including recent pay-rise in attempt to stem spate of suicides) don't know they're born! We are bringing freedom and luxury toys to them, and saving the world's economy, one product at a time. Hallelujah!

 

[appleguy123]

It's all fine, though. There's a certain someone who has a "stash" of cash to help them out.


I like your sig line, by the way.

Where can I find him?

 

[Metal Dice]

non-issue. stay tuned.

 

[SpaceKitty]

It's not just Apple. Google is down $17.82. The market was down today.

 

[racer1441]

All markets were hit today. More of a Obama problem than an apple problem.

 

[foot56]

All markets were hit today. More of a Obama problem than an apple problem.

Obama problem more like world problem. lol

 

[Rithem]

I was at Merrill Lynch today (I intern there) and everyone was freaking out because of the drop.

 

[bluenoise]

I was at Merrill Lynch today (I intern there) and everyone was freaking out because of the drop.

Which drop? The one off the bathroom counter or the kitchen counter?

 

[JediZenMaster]

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.

Then they are stupid for standing in line. How is this apple's fault?

 

[DotCom2]

I bought more!
Didn't you?

 

[Steviejobz]

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?

Non-issue. You are holding your shares the wrong way.

 

[Nyse]

I read somewhere that an analyst said any drop today by apple was related to their limited stock of iPhones, and nothing to do with reception problems. In fact they aren't expecting this to damper the sells outlook of the new iPhone given the huge demand.

 

[appleguy123]

Then they are stupid for standing in line. How is this apple's fault?

I didn't say that it was Apple's fault, I said that they were not fixing the economy.

Non-issue. You are holding your shares the wrong way.

Thread winner.

 

[0dev]

Foxconn isn't doing too well, though.