"Apple stock skids" ... I don't get it.

Discussion in 'Community Discussion' started by entatlrg, Jun 11, 2012.

  1. entatlrg macrumors 68040

    entatlrg

    Joined:
    Mar 2, 2009
    Location:
    Waterloo & Georgian Bay, Canada
    #1
    People's expectations for Apple are set waaaaay to high, imo.

    Today's announcements on the hardware were good, for some excellent, especially those wanting a thinner, retina display 15". Their software announcement and teasers were also good.

    They're profitable, growing, doing things in hardware never done before.

    And then the stock skids and CNBC writes this http://www.cnbc.com/id/47767551.

    Makes no sense to me. Maybe people really did bet on a new Apple Television, new iPhone 5, updated MacBook's, Desktops - everything.

    Certainly a harsh reaction on the markets. WTF.
     
  2. iJohnHenry macrumors P6

    iJohnHenry

    Joined:
    Mar 22, 2008
    Location:
    On tenterhooks
    #2
    Just profit taking, for those that rode the rumours.
     
  3. malman89 macrumors 68000

    Joined:
    May 29, 2011
    Location:
    Michigan
    #3
    Market fluctuations happen for either no reason, three contradictory reasons, or by golly, once in a while a real good reason. It'll go back up with latest Q financials and/or Back to School sales start pumping and/or next iPhone release, whenever that will be.
     

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