Good time to buy Apple stock?

[dongmin]

Apple stock at a 8-month low. It's lost about 25% in a month. What gives?

Presumably there'll be a run-up on AAPL until WWDC, which is in about 24 days. So when do you guys think is good time to buy?

 

[WildCowboy]

Not much has changed in the last two weeks...except it's dropped a bit lower.

I'm still not buying.

 

[Timepass]

I would not expect to see stock price any where close to what they where. Apple stock finally fell from being over valued to about what it should be. I expect it to drop a little lower and at WWDC to shoot up some then drop back down and hover around what it is now.

 

[alec]

The drop, specifically in the past week, came from a few analysts saying there will be earning warnings with profits for the fourth quarter for Apple. Not releasing new iPods in a timely manner is starting to affect the bottom line. Also, consumer credit is really tightening up and Apple is a luxury brand... I could go on for a while but if you're really interested, you can PM me (I follow the stock pretty well).

-Alec

 

[Dreadnought]

Also, consumer credit is really tightening up and Apple is a luxury brand...

Here in Europe it's the other way around, consumers are spending more and there is more confidence that it's going better. Also Apple is getting more and more marketshare here.