Public opinion on Apple stock sags, stays healthy
updated 11:10 am EDT, Fri March 27, 2009
Piqqem on Apple stock
Public opinion of Apple's stock value dropped substantially in February, but remains good, claims Piqqem. The latter company gathers opinion on stock performance from online subscribers, and notes that Apple stock now sits at a score of 2.68, which is still bullish but below a six-month peak closer to 3.0. The figure began plunging dramatically on February 22nd, though it has since stabilized.
Apple's performance is in fact said to be roughly consistent with other major tech companies, including Amazon, Google and movie renter Netflix. Other smartphone makers -- such as RIM and Nokia -- have managed to gain a lot of ground however, relative to previous positions. At roughly the same time as Apple's drop, Palm opinion jumped sharply, from a point slightly above 1.0 to value approaching 1.5. Palm remains on an upward trend, currently scoring 1.62.
Piqqem additionally observes that age appears to be a significant factor in Apple opinion. The stock is rated most highly by people aged 45 to 60, while those between 30 and 44 are much more pessimistic than the consensus, if still bullish. Slightly closer to average are those aged 18 to 29. Profession may also play an important role, as while sales workers give Apple an average of 2.4, students have scored Apple stock 3.25.



Fresh-Faced Recruit
Joined: Sep 2007
Misplaced focus
The stock market is being run by the big houses these days, not by investors (as in regular investors).
The stock market was developed for long term investors who wanted to own part of a good company. Today its run by micro traders who only care about how much you can jump a stock up a buck or two, then drop it back down so that they can make some quick money.
Apple the company has never been in a better position with 28 BILLION in cash, sales growing on all their products, and improved products coming out all the time.
I just cannot see a better company than that out there.
Just a thought.
en