Apple's stock continues to fall further from the $20 mark. Shares lost $.62 during normal trading today, closing at 18.47. That represents a loss of 3.25 percent. Volume continues to be relatively high, with 7,917,500 shares changing hands.
Comments
AYFBABTU. You forgot the "are."
AAPL is following the general market trend, it's been a bad few days for the Nasdaq, what with the report season bringing so many companies reporting quarterly losses.
Frank
It will go back up. Just be patient!
Is it up now?
Apple have been s******* with consumers lately, MWNY was just the latest in a series, releasing a half baked OS then not allowing owners of it be able to upgrade to 10.1 by free download is another. Hopefully the stock will bottom out and force them to get their sh*t together.
Discuss this here:
Miss the AppleInsider boards? I do. New boards with the same categories are up at http://www.badflamingo.com
These boards have the ability to handle the traffic and will not be constantly down like the AppleInsider boards or turn you away due to high server loads like the MacNN Forums!
So let the predictions, conspiracy theories and constant bickering of the AppleInsider message boards continue. The boards are brand new which means that you should sign up your username before anyone else does and be one of the first to post! If you start posting, everyone will follow!
also, everyone who registers and makes 5 posts before August 15 will be entered in a drawing for an amazon.com gift certificate.. check it out and get your username before someone else snags it!
Direct links to the individual forums are:
Index page with all forums listed
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Future Hardware
http://161.58.178.69/users/flamingo/index.cgi?board=Future_Hardware
Current Hardware
http://161.58.178.69/users/flamingo/index.cgi?board=Current_Hardware
Future Software
http://161.58.178.69/users/flamingo/index.cgi?board=Future_Software
Current Software
http://161.58.178.69/users/flamingo/index.cgi?board=Current_Hardware
General Discussion
http://161.58.178.69/users/flamingo/index.cgi?board=General_Discussion
Mac OS X
http://161.58.178.69/users/flamingo/index.cgi?board=Mac_OS_X
Somebody please ban the spam bots.
And back on target: "Meh."
Not exactly good news, but all tech stocks considered, it's definitly not chicken little time.
- Daishi
Sell on hype leading to every MacWorld, buy on the inevitable let down that always follows. It sure worked this time
I agree that apple is falling because of general market conditions and dissapointment because of lack of revolutionary product announcement at MacWorld. Despite the dim near term outlook, don't forget that Apple has about 4.2 billion incash in the bank. You've probably heard this before, but with today's closing price of 18.47 per share, that makes Apple's market cap at 6.44645 billion. With the 4.2 billion in the bank, that makes about 12.03 per share that is currently garanteed unless they start loosing money. So, the question is: is Apple worth $6.44 per share?
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