Apples Price Cut cost shareholders 8 billion

aerospace

macrumors 6502a
Original poster
Jun 26, 2007
661
0
Thats according to Cnn(6% share decline in the 2 days since the cut) :eek:

For 8 billion Steve Jobs could have given away 35million iphones(est $225 cost each)

Which would have gone over better with its customers? :D
 

IJ Reilly

macrumors P6
Jul 16, 2002
18,123
1,466
Palookaville
Coming from the person who starts another nonsense thread about the iphone price cut.
http://forums.macrumors.com/showthread.php?t=351611
:confused: The question was serious, and the answers were interesting, especially considering how the media spun the event.

its all in good fun ... don't hate :)
Sorry, I'm not picking on you. I don't think the CNN article was "all in good fun" though. Just another effort to assign arbitrary explanations.
 

Sobe

macrumors 68000
Jul 6, 2007
1,790
0
Wash DC suburbs
Are we going to see news items on the fact that Apple's stock has roughly tripled in value over the last year?

Probably not!
 

rfrankl

macrumors 6502a
Apr 15, 2006
506
12
The subprime nonsense took us down 40 points, and Apple came roating back. This pullback is just another blip in the road until we hit 180 by Christmas.
 

z28black98

macrumors regular
Sep 7, 2007
127
15
Oklahoma
Are we going to see news items on the fact that Apple's stock has roughly tripled in value over the last year?

Probably not!

exactly. I saw a news story on youtube back from Jan when the iphone was just introduced and their stock price was at 90 dollars. Its somewhere around 135 or so if I remember correctly. Not a bad investment in 9 months.
 

Sobe

macrumors 68000
Jul 6, 2007
1,790
0
Wash DC suburbs
exactly. I saw a news story on youtube back from Jan when the iphone was just introduced and their stock price was at 90 dollars. Its somewhere around 135 or so if I remember correctly. Not a bad investment in 9 months.
Yup. It's not that bad news or stocks dropping in value should be hushed up or not reported.

But you need to keep some context in these discussions and look at the trends.
 

WildCowboy

Administrator/Editor
Staff member
Jan 20, 2005
16,799
1,071
$8 billion on paper is awfully different than $8 billion cash. Unless you bought on the high and sold on the dip, it didn't cost you a penny.

All that matters is what you buy at and what you sell at...everything else is irrelevant.
 

IJ Reilly

macrumors P6
Jul 16, 2002
18,123
1,466
Palookaville
No..thats a very logical thread to start

OP-Sales of iPhone will increase, if Apple hits that goal of 1% stock will go up tons!
If the profit numbers don't disappoint. The analysts will be examining them with an electron microscope, especially now, looking for any signs that sales weren't quite up to expectations (theirs, not Apple's), and for evidence of the price cut's impact on margins. One of the reasons the markets were so giddy about AAPL was the margins on the iPhone were purported to be huge.

Thanks, btw. I don't understand why some objected to that poll.