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Apple stock tanking :-0
- Thread starter Apple Corps
- Start date
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Goodreasons for low stock prices
It's really, really simple. No one in their right mind is buying Apple computers right now. The Intel models can't run anything except iLife and the G4/G5 are a dead end. All of their potential customers are in a holding pattern waiting for the Intel transition to finish I'm one of those who is waiting for Adobe to finish up their universal binaries and for a Rev B iMac with the speedier CPU that I'm sure will happen in late 2006 or early 2007
As for iPods they are expensive they may have already sold an iPod to everyone with an extra $300 or $400 in their pocket. A large majority can't aford the current price.
The people buying stock may have just figured all this out.
Apple Corps said:
It's really, really simple. No one in their right mind is buying Apple computers right now. The Intel models can't run anything except iLife and the G4/G5 are a dead end. All of their potential customers are in a holding pattern waiting for the Intel transition to finish I'm one of those who is waiting for Adobe to finish up their universal binaries and for a Rev B iMac with the speedier CPU that I'm sure will happen in late 2006 or early 2007
As for iPods they are expensive they may have already sold an iPod to everyone with an extra $300 or $400 in their pocket. A large majority can't aford the current price.
The people buying stock may have just figured all this out.
Apple Corps said:
my guess is apple has lost the never ending media spot light. The mass media just does not really care very much about them any more and so that massive media hype is going away causing the stock price to fall from there massivilly over valued to down to about what they should be. It should level off pretty soon and it around where it should be valued at.
The roller coaster ride continues: $59 > $71.80 = 20%+ gain.
$90 price targets are still floating around in the latest analyst comments, haven't seen many of the $105 target price comments lately🙄
So - dust off the ouji boards - where are we going over the next 90 days or so?
$90 price targets are still floating around in the latest analyst comments, haven't seen many of the $105 target price comments lately🙄
So - dust off the ouji boards - where are we going over the next 90 days or so?
