Apple's Stock Down 20% Since Early April Amid Broader Market Losses

[kingtj1971]

Nice opportunity to earn some cash… you can buy the dip with Apple. It will bounce back to 170+ by the end of the year.

Heck, I bought a bit of it before this latest dip ... so I'm really losing money on it at the moment. (Same with Tesla.)

Will Apple be back to 170+ by the end of this year? Maybe ... maybe not. I'd say a lot depends on freeing up this supply chain shortage that's affecting semiconductors, and nobody really thinks that can be addressed for more like another 2 years from now.

I don't much care though, because I'm at the point where I'm only buying stocks where I believe in what the company makes or offers. I plan on sitting on them for the long haul. Might sell them in 5-6 years ... not 1 or 2.

 

[Orange Bat]

Reports are that electronics sales are down across the board. Apple isn’t immune to downturns and of course their stock takes a hit. Of course, just about everyone’s stock is taking a hit. I’m planning to buy the dip, perhaps in a week or two.

 

[Seanm87]

Eventually people around the world are going to stop buying iPhones, as their current iPhones would be plenty good enough. That's when the stock REALLY is going to crash. Especially with Target and Wal Mart showing low-end consumer retail under pressure.

Apple needs to expand into more hardware product categories. I dunno, dedicated cameras, printers, HomeKit appliances, etc..? Or make their own Amazon or social network? Lots of potential revenue options that Apple has... but I'm not sure if they've already started on these projects already, as it takes years to develop and the stock market wants to see results in months.

People have been saying this for years. People will always buy iPhones. The last few years proof this when barely anything has changed yet they still sell millions.

 

[giggles]

Michael Burry of Big Short fame just shorted $AAPL.

Nope, he shorted it sometime in Q1, maybe when it was the last big tech standing, for all we know he may have already closed his short and reaped the gains.

 

[mrr]

Profits up. Stocks down. Go figure.

 

[jz0309]

Recession, covid shutdowns in China, Ukraine war…

 

[ackmondual]

I hope you're aware that Apple is much more than just the iPhone. Also, they're constantly pushing into services more and more every year.

I was going to post this. IIRC, they're saying Apple One, and various individual services offered under it (a la carte) have yielded them revenue in the billions? Apple broke ranks with itself and started introducing very inexpensive (for them) hardware. The 64 GB, 9th gen iPad is one of those. Years prior, getting a new condition, current gen iPad for $330 was unheard of. It was even scorned by some Apple fans saying "Apple shouldn't stoop to these lower prices". It did work though, as in order to sell some of these services, iDevices and Apple hardware is required. Hell, it got me to get another iPad (my first one was the 1st gen iPad Air, in 2016. And even then, I only bought it b/c it got reduced to half price being in used condition)

 

[triton100]

Eventually people around the world are going to stop buying iPhones, as their current iPhones would be plenty good enough. That's when the stock REALLY is going to crash. Especially with Target and Wal Mart showing low-end consumer retail under pressure.

Apple needs to expand into more hardware product categories. I dunno, dedicated cameras, printers, HomeKit appliances, etc..? Or make their own Amazon or social network? Lots of potential revenue options that Apple has... but I'm not sure if they've already started on these projects already, as it takes years to develop and the stock market wants to see results in months.

praise be to the lord on high that you aren't running Apple

 

[pilotpat]

Profits up. Stocks down. Go figure.

All of the supply issues, pricing on some of the products that people are talking about are a part of it, but the stock isn't just tied to those or profits. Problems with china, war in Ukraine, recession fears and inflation all play into the overall stock market as well and seem to have had a large part in Apple stock falling. Every other tech stock is doing the same at this point. I am not selling my stock and will probably buy more in the next few weeks while it is low because as with all things Apple, the price will recover.

 

[Kuckuckstein]

Maybe apple can deliver a product that lets me see the world differently. Something I strap to my face and is powered by my phone.

The iBrow?

 

[JahBoolean]

Apple is doomed..sell your stock while you still can take something on it

Just did, thank you for the head's up.

 

[pilotpat]

Apple is doomed..sell your stock while you still can take something on it

I hope this is meant to have a /s. That is incredibly bad advice on how to manage your stocks.

 

[Robert.Walter]

Eventually people around the world are going to stop buying iPhones, as their current iPhones would be plenty good enough. That's when the stock REALLY is going to crash. Especially with Target and Wal Mart showing low-end consumer retail under pressure.

Apple needs to expand into more hardware product categories. I dunno, dedicated cameras, printers, HomeKit appliances, etc..? Or make their own Amazon or social network? Lots of potential revenue options that Apple has... but I'm not sure if they've already started on these projects already, as it takes years to develop and the stock market wants to see results in months.

At apples scale these commodity categories would only be a drag on profits.

Apples next act involves AR, Medical, Banking and Car. Success in any one of these would drive stock up. AR not by much at first but Good results in any two of Banking, Medical, Car would be another big surge in revenue.

 

[giggles]

Last to fall in dire market conditions, first to run back up once the time comes.

Nice perk for EU investors to use AAPL as an hedge against € depreciation vs the $. For folks "thinking in euros" AAPL ain't that badly down, as noted in another comment.

 

[Robert.Walter]

Profits up. Stocks down. Go figure.

Stock valuation is always forward looking.

The valuation activity reflecting recent profits happened already months ago.

 

[mikethemartian]

Profits up. Stocks down. Go figure.

The value (except for liquidation value) of a stock or any financial asset is based on expected future earnings not current and past.

 

[44267547]

So Apple is fluctuating a bit. And that’s a surprise to anybody here?

They’re not the only company that has a decline in their stock, given all the variables that are playing into economic times. This is to be expected and anyone making noise of this is either inexperienced or doesn’t understand turn-around.

 

[Mr. Dee]

I don’t care, I’m holding on to the little bit of Apple stock I do have and if gets lower I’m liking to buy some more.

 

[Andres Cantu]

I think it should be obvious, but don’t take investment advice from comments in a forum.

No one knows where the Apple stock will end up in 12 months. Not even Apple themselves.

 

[4jasontv]

At apples scale these commodity categories would only be a drag on profits.

Apples next act involves AR, Medical, Banking and Car. Success in any one of these would drive stock up. AR not by much at first but Good results in any two of Banking, Medical, Car would be another big surge in revenue.

Oculus is the nomad of VR. As good as it is, it’s still a niche hobby. AR/VR needs better lifestyle integration.

 

[gsmornot]

Buy the dip and HODL

 

[RalfTheDog]

Michael Burry of Big Short fame just shorted $AAPL.

This is not the time to be making big crazy bets. Apple may go down. You don't want to get caught in a short call. The best bet is to sit back and have lots of popcorn while watching the carnage.

Apple's gonna be fine.

Eventually. The question is, how long will it take?

Apple Car.

If they want to branch out, how about Apple bankruptcy liquidation service. For the next half year or so, that's where the money is. (Seriously, Apple has lots of cash. It may be time for them to start sniping off some distressed technology companies with good assets.)

The value (except for liquidation value) of a stock or any financial asset is based on expected future earnings not current and past.

The value is based on where people think the value will be. Most of those people are betting based in emotion and what they think are good instincts. Most people who think they have good instincts are wrong.

 

[mnsportsgeek]

Eventually. The question is, how long will it take?

Don’t care. I don’t need the money till I retire, and I don’t own Apple directly. I’m only an investor because they’re a part of the total stock market.

I’m confident this drop will be a blip on the radar decades from now, so it doesn’t matter what happens in the short term.

 

[carlsson]

Nice opportunity to earn some cash… you can buy the dip with Apple. It will bounce back to 170+ by the end of the year.

Exactly my thought and plan!

 

[2540497]

Eventually people around the world are going to stop buying iPhones, as their current iPhones would be plenty good enough. That's when the stock REALLY is going to crash. Especially with Target and Wal Mart showing low-end consumer retail under pressure.

Apple needs to expand into more hardware product categories. I dunno, dedicated cameras, printers, HomeKit appliances, etc..? Or make their own Amazon or social network? Lots of potential revenue options that Apple has... but I'm not sure if they've already started on these projects already, as it takes years to develop and the stock market wants to see results in months.

I reckon I’ll stop upgrading every year this September after the notch finally goes. After that I’ll really be weighing up whether a tweaked camera and USB-C are really worth it.

One thing that depressed me was I have an iPhone 13 Pro and my partner an iPhone 11 with a broken camera lens. Both our photos were indistinguishable.

Anyway roll on iPhone 14 Pro Max! Need to get the storage and colour right as like I said I think it’ll be my last for a couple of years or more!