Stock manipulation at it's finest.
Legalized gambling the stock market is.
Apple seriously needs to make itself private. F' all the goddam stock investors; they don't need to answer to anyone but consumers.
The saddest part of the stock tanking is that I know more than one "regular person" who invested in Apple based not only on their fundamentals, but even more so on their personal experience with the quality of product, like iPhone, etc. In other words, they are so impressed that they invested in the company that made it! Imagine...
Who should have replaced Steve? Someone from outside Apple?
Ive.
Says an Apple shareholder![]()
Where are all the people championing the massive executive pay scales and bonuses....?
I don't see them ever revealing future product lines, but keeping quiet and not allowing executives to speak (outside of silly comments from Schiller) doesn't seem to be working.
Scott Forstall will return in 2024 to take Apple from near bankruptcy.
Unfortunately nobody can replace the markets faith in Steve Jobs.
Jonathan Ivy. He's got the passion, creativity and vision to bring Apple back to the top of its game. He's not Steve but he's just as unique. Cook is too much of a numbers guy and lacks the showmanship and charisma that Apple is known and loved for.
Buy at $500 they said...
It's undervalued they said...
Fear... Plain & simple. Apple has a fragile ego.
If suddenly they should become more open minded to customer preferences & the result is anything less than skyrocketing sales far beyond current levels, they'd have an internal revolt.
Apple is set in its ways which is not bad. It's just limiting. They've been stifled by the publics willingness to buy the brand. That's why the stock is soft.
Until they experience serious declines in sales they will avoid innovation beyond the little things they've done, & hyped till they seem like big things.
its not all bad - it makes macrumors forums a nicer place as there used to be so many AAPL gloaters when the stock was at $700 but now very few people admit to owning the shares...
edit apart from guy above me![]()
APPL had some nice 50% drops under Steve as well.
The latest crash is nothing new for long-term investors. Just another dip in the rollercoaster ride that is AAPL.
Is there anything that won't cause Apple's stock to drop?
But I thought Apple was executing on the roadmap Steve left them before he died? Are you suggesting Steve had run out of ideas?![]()
I bought in at $650....good game.
If the company was a private company the stock would not be worth more than 400 billion, but not less than 390 billion. The price of stock above that means gamble and market sentiment.Only when it goes down or it is also stock manipulation when it was going up?