Apple has lost 5% in share value since the iPhone 7 announcement

[jafacake310596]

Apple's unveiling hasn't gone down particularly well in terms of stocks and shareholders, the shambles of the preorder process will hardly help improve this either, the articles by Forbes is below:

http://www.forbes.com/sites/jaysoma...-5-since-the-big-iphone-7-event/#1b0384e52ab6

 

[CSpackler]

The averages have been perilously falling all week, and Apple stock has been in a downtrend for some time now. I wouldn't necessarily blame it on the iPhone 7 launch.

 

[edlex]

Buy on rumor sell on news. It'll go back up shortly after launch.

 

[Gathomblipoob]

This seems to happen almost every year immediately after the launch.

 

[T'hain Esh Kelch]

It probably fell more because of the lack of a new design and no major new features that other phones don't have - Ie. a lackluster release, in a market where Apple is already selling less than they used to. And perhaps that people expect Apple to pay 21 billion $ to Ireland.

 

[chrizzz09]

This happens after every iPhone announcement...nothing really earth shocking . Not really thread worthy...

 

[CSpackler]

It'll be thread worthy if the major US indexes correct a portion of the bull market (which started in 2012) and AAPL takes a 50% haircut. But that remains to be seen.

 

[DotCom2]

Apple's unveiling hasn't gone down particularly well in terms of stocks and shareholders, the shambles of the preorder process will hardly help improve this either, the articles by Forbes is below:

http://www.forbes.com/sites/jaysoma...-5-since-the-big-iphone-7-event/#1b0384e52ab6

The whole market has dropped!
Everyone is antsy over what the Feds are going to do with interest rates.

 

[12vElectronics]

Yep normal it'll bounce back

 

[maxsix]

Market fluctuation isn't a direct reflection on iPhone 7. There's plenty of other influencing factors.

 

[First Post G]

Apple's unveiling hasn't gone down particularly well in terms of stocks and shareholders, the shambles of the preorder process will hardly help improve this either, the articles by Forbes is below:

http://www.forbes.com/sites/jaysoma...-5-since-the-big-iphone-7-event/#1b0384e52ab6

It probably fell more because of the lack of a new design and no major new features that other phones don't have - Ie. a lackluster release, in a market where Apple is already selling less than they used to. And perhaps that people expect Apple to pay 21 billion $ to Ireland.

Just look at historical trends for AAPL after announcements. Stock always hits a slump and recovers shortly after. Doesn't have anything to do with the specifics of the announcement. And as another poster noted, the market had a rough day yesterday making matters worse. No concern for any AAPL stockholder.

 

[Juan007]

The entire market has dropped, there was nothing unexpected about iPhone 7 (except to those uninformed).

Just wait until the Intel vs Qualcomm scandal breaks and Apple has half of their US customers completely PO'd.. that will move the stock price.

 

[imaginex20]

The stock market on Friday had the biggest drop since Brexit. Apple's announcement of the iPhone 7 had nothing to do with the 5% drop.

As a matter of fact the market will be volatile up until the FOMC meeting on Sept 20th.

 

[C DM]

Apple Shares Hit New High for 2016 as Samsung Considers Scrapping Note 7 [Update: Note 7 Officially Discontinued]

 

[jaduff46]

The stock market on Friday had the biggest drop since Brexit. Apple's announcement of the iPhone 7 had nothing to do with the 5% drop.

As a matter of fact the market will be volatile up until the FOMC meeting on Sept 20th.

Actually, probably until after the election.

 

[DotCom2]

Actually, probably until after the election.

Actually until after the election and after the Fed's decide on interest rates.

 

[Tech198]

The averages have been perilously falling all week, and Apple stock has been in a downtrend for some time now. I wouldn't necessarily blame it on the iPhone 7 launch.

oh,.... Down i go..