Besides losing 10 billion in market value, I mean... seems there were a dozen posters in this forum alone waiting to give Apple 2 grand+ for a new MBP.
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How much $$$ did Apple lose today?
- Thread starter SamHernandez
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Honestly whats up with that huh? I would think maybe people were disappointed with the keynote results. I for one think the macbook air looks like a sweet computer, and I would probably buy it if I didn't have my current macbook pro.
Yeah...I was just looking at the day close for Apple...and WOW. My dad jumped right on that decline. It closed today loosing I think $9.74...not bad. The market is a wreck right now...it closed today at -$277 which is pretty bad. Apple has been all over the place and probably will be until the we are out of this recession.
Hyperbole. Their stock is still up almost 100% from a year ago.
Remember how many people were like, " $599 for a phone...no frickin' way!" Yet they sold a 250,000 the first weekend. I don't think the Air will be anything like that. It is just another attempt to gain even greater market share. I think Apple knows exactly what they are doing.
Thank you for your insightful market analysis. I'm looking at buying AAPL also, since it seems artificially low thanks to today's announcements. It dropped right after the iPhone was announced also, IIRC. Look how poorly that's turned out.
They lost £300 from me. I wanted to buy an updated MBP 15".
Instead, I will buy a refurb for £1299.
Doug
Instead, I will buy a refurb for £1299.
Doug
doubtful, the american economy is headed for a recession and no one is going to be buying over priced toys from apple
Thank you for your insightful market analysis. I'm looking at buying AAPL also, since it seems artificially low thanks to today's announcements. It dropped right after the iPhone was announced also, IIRC. Look how poorly that's turned out.
Usually when a product is released, there is usually a decline. Watch Apple very carefully. If anything I would buy right now. Apple was a huge money maker for me and my dad. It started with the iPod when Apple was at like $20 a share. He stayed with it up until last year. You get the idea. I would buy a few shares of Apple. Basically anything that Apple uses (Hitachi for HD, LG for LED, Texas Instruments, Intel, nVidia, ATI(owned by AMD now). I just try to help my dad by giving him companies like that. He jumps on it at the right time and a profit starts!
Apple didn't lose any money. How many checks did they write for that loss of market value? Zero. The people who bought the shares on the secondary market have lost some value.
Apple lost nothing.
They weren't going to get anybody's money for a new Macbook yesterday, and they'll get it when the new one is released.
Apple's doing just fine.
I see. Could you please tell me where the money went that Apple lost? Where it will show up on their books as a loss?
Since you have so much more experience and knowledge in economics and finance, please, teach us all how it really works.
thanks for giving me a laugh, in the future don't waste my time child. If you want to learn about economics go and read about it, my time is too valuable to waste on elementary topics.
Well, we know where you stand now.
You've insulted two posters in this thread, calling one's father a Neanderthal, and me a child.
It appears that it's you that knows nothing, and is only capable of insulting behind a veil of anonymity.
Have a nice day.
Your time is too valuable to quickly explain your position but not too valuable to keep you from comparing a posters parent to a neanderthal. Let me guess, you just finished your research paper on supply and demand for your social studies class? Did you get an A? Gold star for you.
It's an accounting topic.
In fact, the only way market value gains and losses would be recorded on the balance sheet or income statement would be if the corporation marked to market, a practice common largely in financial services firms.
Stockholder's equity is also recorded on balance sheets at par value, not market value. Hence, Apple's balance sheets will also be unaffected in this regard.
Therefore, it's very questionable to say that Apple experienced any accounting or economic loss due to the small decline in its stock value. While the price decline may indicate the market's repositioning of its opinion of Apple's future profits and value, it may also represent a general market correction or be part of market inefficiencies.
Mr. Homo Erectus here may also wish to gain some insight into evolutionary biology as well seeing as how Neanderthals actually had a larger brain size than modern humans and how it's not necessarily the most intelligent or most adapted species that survives.
