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AAPL Stock: 442.93 ( 0 )

http://www.macnn.com/articles/05/03/08/aapl.falls.by.5.percent/

AAPL down on perceived threats by Sony, Napster

updated 05:25 pm EST, Tue March 8, 2005

 

AAPL falls by 5 percent


Apple stock price dropped Tuesday on the launch of may also have served noticed to investors that Apple's dominance may not go unchallenged.


by MacNN Staff

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  1. eswinson

    Fresh-Faced Recruit

    Joined: Jul 2002

    0

    yahoo?

    If their music service is anything like their IM client for the mac I can hardley expect it to make a dent in the itunes/ipod market.

  1. just a poster

    Fresh-Faced Recruit

    Joined: Jun 2004

    0

    Stupid analysts, journali

    sts.

    the reasoning for the downturn in Apple stock is absurd. Wasn't walmart supposed to be the iTMS killer? How about Amazon?

    In 2001, Apple's iPod entered an already competitive, diverse market. It beat the c*** out of everything already available.

    According to all the dummies, Apple is perpetually "on the ropes" with regards to defeating competition, while Microsoft (who has never competed legally) is unassailable even in the threat of Linux.

  1. Nitride

    Fresh-Faced Recruit

    Joined: Sep 2001

    0

    Creating the News

    Hmm, "anyalysts" tut-tut about how Apple *must* adopt a subscription-based model for the iTMS, because everyone else is doing it (and as a result has LESS marketshare than Apple).

    And today the stock price falls with the collective AP reporting on Apple's slide.

    What a coincidence.

  1. benhur

    Fresh-Faced Recruit

    Joined: Jan 2001

    0

    shuffle competition

    I think the shuffle is an amazing mp3 player and I bought one right away. I did think it had shortcomings though. I mentioned them in this forum and the Apple faithful were not happy. I do like my shuffle and Apple is the best company in the world.

    Having said that, music service aside, the new Sony mp3 flash players have the features I mentioned the shuffle should have had to begin with. Boy, did I hear it on that one and probably will again. But for those of you that actually own shuffles, be honest, wouldn't you like to have a display and FM tuner. The "life is random" thing isn't all that cool. Besides, it didn't add that much to the cost. I would have gladly payed the difference. To bad the Sony player will not work with iTunes. Well, long live the shuffle.

  1. kw99

    Fresh-Faced Recruit

    Joined: Nov 2001

    0

    Driving down stock price

    Looks like someone powerful wants to drive down the Apple stock price to buy lower and sell higher when this "news" is revealed as nonsense.

    Apple is successful financially because of the iPod, not the iTunes Music Store. For most consumers, most (probably 95% or higher) of their "pod-able" music came from their music CDs (or maybe "free" downloads from the old days before it was "bad karma"). Therefore, people will continue to buy iPods because they're the best music players; the music download service is a secondard consideration.

    The "analysts" have go it backwards. iTMS does not make iPod successful. iTMS works seamlessly with iPod so it is the #1 music service.

  1. benj

    Fresh-Faced Recruit

    Joined: Mar 1999

    0

    ever notice

    When the market spikes up Apple goes down and when the market
    goes down a bit Apple creeps up? Now, I'm no analyst but i did spend
    a bit of time in a Put and Call room many years ago. The stock market
    is Fickle-trends, culture, and GOVERNMENT play a big part in
    how it works.
    The other competitors don't have what Apple has- Brand
    recognition for their product (I mean when you think of Sony do you
    think of MP3 music? Maybe a walkman, but the ipod is NOT a
    walkman. The Ipod is well identified for what it does. And that is going to be a tough boulder to hurdle for anyone.
    When you read "So and So Investment analyst says:" remember that
    most of these folks have their heads up their analsis, and are pitching
    ideas to investors for- guess what- commissions.

  1. sosumi

    Fresh-Faced Recruit

    Joined: May 1999

    0

    oh no!!!

    free downloads have become bad karma? s***!! Now I know what the problem has been!

    Thanks dude...

  1. jilipa

    Fresh-Faced Recruit

    Joined: Mar 2005

    0

    AH C'MMON PEOPLE!!

    For Christ's sake, are most Apple investors that bloody stupid! The minute news of a Joe bloe opening up his own music store or offering their own MP3 player comes out...ooooh Apple has competition...run...C'MMON!! Don't you people have a gram of sense and logic!! Why would these competitors take away from Apple's dominance?? or rather HOW??? 80% of the digital market is OWNED by iPods and there is NO indication of it going down. NONE of these retarded competitors are iPod compatible! Now HOW will that compete. on that 10% c*** that plays .WMV and runs of AAA batteries, that end up costing you more than the device itself in one month?? THINK PEOPLE.

    Unless Apple does absolutely NOTHING, then MAYBE its dominance will fade, and if so, ONLY in a few years. No one goes from 80% to nothing over night.

    We all know that Apple will NOT sit still, and if there is any sign of threat it will retaliate. Also, and more importantly, every bloody investor seems to see Apple as 'the iPod and iTunes' only. While its true that its those two things that boosted Apple the most, you can't dismiss all the insanely new things the company is doing. Mac Mini anyone?? Hello???? anyone awake out there. The Mac Mini is the n2nd trojan horse into the PC world TRUST ME. Tiger!!! etc etc...Mac sales on the rise!, etc etc...and to top it all off...all analysts continue to increase their BUY ratings on Apple. At least theyre smart enough to see the real deal.

    It's just sad to see the market react the way it does. It just shows the current Apple investor is one that lacks total long term vision and common sense. The right thing to do right now is BUY and HOLD...not SELL!!!!!

    Sony? NAPSTER??? please man!! I think I'm gonna throw up.

  1. eldarkus

    Fresh-Faced Recruit

    Joined: Feb 2004

    0

    the way it is...

    ok, quarterly financials will be out soon, so here's my thoery.

    Analysts "predict" that such and such (insert Sony, napster, walmart, amazon, etc here) will kill iTunes or the iPod or whatever... this gets the mass investors worried, and they sell. That drives down stock prices. Once they are nice and low, the analysts firm buys up shitloads of Apple stock. Quarterly reports show Apple still reaping mass benefits from new iPods, mac minis, possibly mac sales and BAM.. Apple stock shoots up. Analysts dump thier shares and make untold profits.

    just a thoery =)

  1. 83caddy16v

    Forum Regular

    Joined: Sep 2000

    0

    competition

    if the subscription model looks to work well, I'm sure it could easily be integrated in to iTunes.

    if that windows media format really becomes THE format, add it to iTunes and iPod.

    I would like to think Apple has that flexibility built into their architecture and business models. For now what they are doing is working so no need for significant change.

    As a stock holder it sucks to see if go down but hopefully the quarterly results will be good and we'll bump back up.

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