Apple Stock Just Crashed To A New Low

newarkhiphop

newarkhiphop

Moderator
Staff member
Supporter
Joined
Apr 30, 2012
Messages
38,007
Reputation
10,167
Daps
124,902
It was an up day for the market and most technology stocks, but not for Apple.

Apple stock fell another 2.5% to close at $430--its lowest closing price since the stock's slide began last September.

Apple is now down almost 40% from its peak.
And for the first time in forever, anyone who has bought Apple in the past year and held it has lost money on it.

What's going on with Apple's stock? How low could it go?
On the first question, there are several things going on with Apple's stock.
Some are fundamental, having to do with changes in Apple's business.

Others are related to sentiment and changes in Apple's shareholder base ("Momentum" and "growth" investors are dumping the stock, on the theory that Apple's growth days are over. And as they dump it, the only folks willing to buy it are "value" investors who care deeply about price).

One of the things that is not happening with Apple's stock anymore, which many people thought was a big reason for Apple's collapse at the end of last year, is tax-related selling. Tax rates have already gone up. So anyone selling Apple now is selling it for reasons other than trying to lock in a low capital gains rate.

Here are some of the issues with Apple's stock:


Read more: Apple Stock - Business Insider
Click to expand...


:blessed:


mean while at the goog set

Google Stock a ‘Buy’ at $800
Google Stock a ‘Buy’ at $800: Weiss
 
The Fukin Prophecy

The Fukin Prophecy

RIP Champ
Joined
May 1, 2012
Messages
24,414
Reputation
5,706
Daps
95,944
CrimsonTider said:
Are you serious?

He is not doing anything differently from what Jobs would have been doing.
Click to expand...
This is not true at all...

For starters Jobs would have NEVER ok'd the ipad mini...Apple was a trend setter under Jobs...Under Cooks guidance they have become followers...

I also doubt Jobs would of went to war with Samsung the same way knowing fully well his company has/had a hardware dependency with the Korean manufacturer...Yes he hated Android with a passion but he was a smart business man above all else...
 
The Phoenix

The Phoenix

All Star
Supporter
Joined
Jun 8, 2012
Messages
3,891
Reputation
564
Daps
9,474
I wish they would get into the console game. Based on what I've seen from the PS4 and what I'm expecting to see from the new Xbox those guys are out of ideas. Need Apple to come in and do their thing.
 
newarkhiphop

newarkhiphop

Moderator
Staff member
Supporter
Joined
Apr 30, 2012
Messages
38,007
Reputation
10,167
Daps
124,902
Binary said:
Who the f is going to buy a snap bracelet that you'll probably re-buy yearly?
Click to expand...

same folks who bought these

:skip:


all-apple-iphones.jpg
 
CrimsonTider

CrimsonTider

Seduce & Scheme
WOAT
Joined
Apr 30, 2012
Messages
83,248
Reputation
-13,911
Daps
131,658
The Fukin Prophecy said:
This is not true at all...

For starters Jobs would have NEVER ok'd the ipad mini...Apple was a trend setter under Jobs...Under Cooks guidance they have become followers...

I also doubt Jobs would of went to war with Samsung the same way knowing fully well his company has/had a hardware dependency with the Korean manufacturer...Yes he hated Android with a passion but he was a smart business man above all else...
Click to expand...

:dwillhuh:
 
jalamanta

jalamanta

GOAT
Joined
May 2, 2012
Messages
6,036
Reputation
-3,650
Daps
8,178
newarkhiphop said:
:blessed:


mean while at the goog set

Google Stock a ‘Buy’ at $800
Google Stock a ‘Buy’ at $800: Weiss
Click to expand...

OP, I hope you know that Apple has more money than Google and Microsoft combined.

They also have the best selling smartphone in the history of the market. Somehow you are able to ignore the fact that even 4S sells more than any other trash with Android in it.

I think it's time for you to flash some new ROM and install antivirus on it. :snoop:
 
You must log in or register to reply here.
Top