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MBX

macrumors 68020
Original poster
Sep 14, 2006
2,030
817
i can't believe it. aapl down to 174 and continuing to drop because of the poor market performance. it took so long to get to 200 and now it's 30 points down within 1 week.
 

MisterMe

macrumors G4
Jul 17, 2002
10,709
69
USA
i can't believe it. ...
It's called the Stock Market. There are reasons that prices go up. There are reasons that prices go down However, prices may fluctuate for no reason. Is Apple doing something differently now that it was doing when its price was monotonically rising? I don't think so. If this is the case, then Apple's stock price drop is probably a fluctuation.
 

MBX

macrumors 68020
Original poster
Sep 14, 2006
2,030
817
is there any end in sight with the stocks plummeting to hell?

no matter what apple does now if the entire market is in free fall it's being pulled down too.

it's back into the 150ies again, sigh. it will take forever to get back to 200 if at all.
 

clevin

macrumors G3
Aug 6, 2006
9,095
1
listen to some market news, sounds like a recession to me. forget about $200, google is almost dropping below $600 now.
 

aristobrat

macrumors G5
Oct 14, 2005
12,292
1,403
AAPL tanked after last years MWSF too, didn't it?
 

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gkarris

macrumors G3
Dec 31, 2004
8,301
1,061
"No escape from Reality...”
A lot of these tech stocks are way overvalued.

Especially with the way the economy is still going. The fact that some companies are doing "great" is only because they are continuing to lay off US workers and hire overseas. I met a guy at a seminar who still works for the company I was laid-off from and he said that his staff was just cut. The company callls it "Resource Management"...

Since Apple is really a premium computer, analysts look at it as the sales of Apple computers will probably go way down...

At least the Air is resonably priced. Sony is still trying to push their $2500-$3000 price tags...
 

MBX

macrumors 68020
Original poster
Sep 14, 2006
2,030
817
As of now: 136.77 (-18.87)

just unbelievable
 
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