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Apple defies market selloff, stock up 4 percent
updated 02:50 pm EDT, Fri August 12, 2005
Apple defies market
Shares of Apple on Friday to post a 4.3% rise, gaining $1.96 to $45.96, according to MarketWatch. "Other technology stocks were under pressure after both Cisco Systems and Dell Inc. this week issued disappointing earnings and predictions for the third quarter. Art Hogan, chief market strategist at Jefferies & Co., said Dell's most recent quarterly sales disappointed investors because although unit sales were strong, prices were weak. By contrast, Apple has been enjoying both strong unit sales and aggressive pricing, helping the stock look good in contrast to fellow computer maker Dell, he said."
The reason
08/12, 03:19pm reply
Maybe it's buzz that OS X can be made to kinda run on any (modern) x86 now.
Ganesha
Senior User
Joined: Jul 2002
Mr Dell
08/12, 03:21pm reply
Sell the company and give back stock holders their money. That's all I have to say.
koolkid1976
Fresh-Faced Recruit
Joined: May 2003
It's called the CT effec
08/12, 03:22pm reply
Creative Technologies just had 31+ million dollars of loss from the most recent quarter.
Paul Huang
Forum Regular
Joined: Sep 1999
young punks
08/12, 03:53pm reply
Dell and that c**** (CEO of Creative Technologies) in Singapore are just punks who still don't understand that nothing is constant and their words could come back to haunt them. Bill Gates also said that no one would ever need more than 640 K (or whatever, it's not important now) of memory.
Not too brilliant, are they?
Paul Huang
Forum Regular
Joined: Sep 1999
expected a sell off
08/12, 04:32pm reply
I was expecting a selloff today but glad to see it was a really good day.
Hopefully there won't be a selloff on Monday.
83caddy16v
Forum Regular
Joined: Sep 2000
Oh no! It's wrong!
08/12, 04:54pm reply
Wrong numbers! It closed at $46.10 for a 4.77% rise.
melgross@usa.ne
Fresh-Faced Recruit
Joined: May 2005
their own fault…
08/12, 05:32pm reply
Let's see, punish Dell for weak prices but turn right around and demand that all computers should be as cheap as a Dell… huh?!? There's an old old axiom, something about having your cake and eating it too? Consumers/investors in this country are a bunch of morons. Decry loss of manugfacturing jobs and local retail business but shop till you drop buying Chinese goods at WalMart or on the internet to save a few whopping (but very precious) dollars. Although bashing Dell is good for Apple, hee hee.
ecrelin
Fresh-Faced Recruit
Joined: Oct 2000
up on Google/iTunes rumor
08/12, 05:44pm reply
According to market chatter, Apple is set to announce a deal with Google calling for Google to offer Apple's iTunes music store through its own site. The rumored deal would pair the nation's leading online music store with its leading search engine.
There's "speculation of an iTunes launch," says Paul Foster, an options strategist at Theflyonthewall.com. "Google is going to offer iTunes somehow on their platform," according to the rumor, he says.
http://www.thestreet.com/_yahoo/tech/hardware/10237939.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA
windsurfer_nyc
Fresh-Faced Recruit
Joined: Sep 2004
re young punks - P Huang
08/12, 06:20pm reply
Watch the derogatory term. Bad taste is bad taste.
kw14
Junior Member
Joined: Sep 2004
c****?
08/12, 08:36pm reply
c****?
Sondjata
Fresh-Faced Recruit
Joined: Oct 2000