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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.
 
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.
 
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.
 
listen to some market news, sounds like a recession to me. forget about $200, google is almost dropping below $600 now.
 
AAPL tanked after last years MWSF too, didn't it?
 

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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...
 
As of now: 136.77 (-18.87)

just unbelievable
 
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