Good time to buy Apple stock?

Discussion in 'Buying Tips and Advice' started by dongmin, Jul 13, 2006.

  1. dongmin macrumors 68000


    Jan 3, 2002
    Apple stock at a 8-month low. It's lost about 25% in a month. What gives?

    Presumably there'll be a run-up on AAPL until WWDC, which is in about 24 days. So when do you guys think is good time to buy?
  2. WildCowboy Administrator/Editor


    Staff Member

    Jan 20, 2005
    Not much has changed in the last two weeks...except it's dropped a bit lower.

    I'm still not buying.
  3. Timepass macrumors 65816

    Jan 4, 2005
    I would not expect to see stock price any where close to what they where. Apple stock finally fell from being over valued to about what it should be. I expect it to drop a little lower and at WWDC to shoot up some then drop back down and hover around what it is now.
  4. alec macrumors regular

    Oct 19, 2005
    Washington DC
    The drop, specifically in the past week, came from a few analysts saying there will be earning warnings with profits for the fourth quarter for Apple. Not releasing new iPods in a timely manner is starting to affect the bottom line. Also, consumer credit is really tightening up and Apple is a luxury brand... I could go on for a while but if you're really interested, you can PM me (I follow the stock pretty well).

  5. Dreadnought macrumors 68020


    Jul 22, 2002
    Almere, The Netherlands
    Here in Europe it's the other way around, consumers are spending more and there is more confidence that it's going better. Also Apple is getting more and more marketshare here.

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