What's With AAPL's Stock Price? Down >10% ABout a Month Ago?

Discussion in 'Apple, Inc and Tech Industry' started by guzhogi, May 16, 2012.

  1. guzhogi macrumors 68030

    guzhogi

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    #1
    A few weeks ago, it was over 630. Now, it's 540. What's the deal?
     
  2. Cheffy Dave macrumors 68030

    Cheffy Dave

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    #2
    Um,

    Have you heard about Europe? Just fears over the Eurozone, it'll be around
    1000 by the end of 2013, patience grasshopper, you have to be in this for the
    Long haul,I've been in it since $68.85 when I bought in with 1000 shares:eek::D
     
  3. basesloaded190 macrumors 68030

    basesloaded190

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    #3
    Look at the overall market. It's been on a two week plus losing streak and like ^^^ stated, Europe trouble is killing US stocks right now
     
  4. smoledman macrumors 68000

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    #4
    Still Microsoft stock is only down $2 in the same span.
     
  5. Dr McKay macrumors 68040

    Dr McKay

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    #5
    Has the price of Microsoft stock ever changed?
     
  6. kapolani macrumors regular

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    #6
    I wouldn't worry about the price too much.

    What has fundamentally changed? Nothing. It's still the company that we believe it is. Macro economic issues are what's causing this market sel loff.

    Good time to back up the truck and load up.

    FWIW - AAPL is one of the most manipulated stocks that I follow. Big Funds control its action.
     
  7. guzhogi thread starter macrumors 68030

    guzhogi

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    #7
    Thanks for the info, guys. I'm in no way a market buff. Just thought that that's a big change, even relative to all other stocks.

    How much do I hate you right now? :p Just a little jealous. Actually, wish I had won that big $600 million lottery & got in in 1997 or whenever when was at what, $3? That would've been 200 million stocks, now 400 million due to the stock split. If I had sold when stocks were at 636, I'd have $254,400,000,000 ($254.4 billion)! But then again, hindsight is always 20/20, right?
     
  8. Tarzanman macrumors 65816

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    #8
    The writing isn't on the wall for Apple yet, but nothing goes up forever.
     
  9. kapolani macrumors regular

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    #9
    Agreed.

    But, I think we have at least ~3 years until we should start to worry.

    There is still a lot of growth left.
     
  10. guzhogi thread starter macrumors 68030

    guzhogi

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    #10
    Plus, Apple hasn't released new versions of their products in a while. I guess that come WWDC and the release of the next version of iOS, iPhone, Mountain Lion and whatever else Apple releases this summer, AAPL will be higher than ever.

    But, as stated, in 3 years or so, we'll see how AAPL does.
     
  11. Cheffy Dave macrumors 68030

    Cheffy Dave

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    #11
    Microsoft has never, nor never will, go from $68 and change to $620,NEVER!
     
  12. Dr McKay macrumors 68040

    Dr McKay

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    #12
    I never said it would get to $620, I just asked if it ever changed much at all.
     
  13. smoledman macrumors 68000

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    #13
    Mostly profit taking. I expect after the Mac refresh and iPhone 5 it will go to $700-$800 by end of year.
     
  14. Cheffy Dave macrumors 68030

    Cheffy Dave

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    #14
    No,I know,but Apple has and that's my point,MS a buck or two, vs Apple.
    I wasn't trying to put words in your mouth, fingers got ahead of my brain:D
     
  15. KylePowers macrumors 68000

    KylePowers

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    #15
    As someone else mentioned, I think the next iPhone will make the stock price boom again. Good time to buy though right now. It'll only go up as the Macs get refreshed, iOS gets introduced, and the iPhone/iPod line get refreshed. I'd predict back in the 600s easily in the next few months, perhaps even in the 700s or a tad higher by the end of the year.

    But I'm an electrical engineer[ing student], not a stock broker, so what do I know :p
     
  16. Dr McKay macrumors 68040

    Dr McKay

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    #16
    Ahh right, sorry lol. Never can tell on this forum sometimes :D
     
  17. Cheffy Dave macrumors 68030

    Cheffy Dave

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    #17
    No prob!
     
  18. nylonsteel macrumors 6502a

    nylonsteel

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    Nov 5, 2010
    #18
    re original article

    shakin out the weak hands boys

    5/21/12 +30.90

    ole aapl
     
  19. dukebound85 macrumors P6

    dukebound85

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    #19
  20. nylonsteel macrumors 6502a

    nylonsteel

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    #20
    aapl stock shaking out weak hands
    be strong and stay thirsty my friends
     
  21. Tiggs macrumors 6502

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    Jul 6, 2011
    #21
    MSFT is down more like $3(32 to 29) or about 10% off recent highs, comparable to AAPL. MSFT is down over 50% from its peak 10+ yrs ago while AAPL is up over 1,000% in that same timeframe.
     
  22. elistan macrumors 6502a

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    #22
    Normal stock market zaniness.
    For example, it's now a week after your post. The performance over the past month:
    AAPL: -0.20% (basically, flat)
    DJIA: -3.33% (down a bit)
    MSFT: -9.36% (down a lot...)
     

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