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whats with the aapl stock drop
- Thread starter derboy
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Anyone know the reason for the massive aapl stock drop. from 190 back to low 170's.
Any ideas, when price targets are still strong?
Yeah, the whole market went down. General lack of confidence, not Apple specifically.
Anyone know the reason for the massive aapl stock drop. from 190 back to low 170's.
Any ideas, when price targets are still strong?
It's nothing to do with Apple as such. Just have a look and you'll see all markets are down there are some serious jitters around
Its the whole market... almost everything is in the red right now - but Apple is a strong company and I have every bit of confidence that it will rebound above the $190 mark pretty soon - which means that now is a great time to pick up some (more) shares! I already have... and will even more if it goes down again...
They'll creep back up after the iPhone launch. Note that investors also "influence" the market values as to buy low and sell higher right after. That's how they are able to afford their boats and private jets...
the American financial industry looks to be in a very dire state. My worry is its ability to recover. Everyone seems to be taking money out of the usa. The weakening dollar also is a big issue.
I think I'd prefer to buy stock in apple's Chinese manufacturing business than the usa based one!!!
I think I'd prefer to buy stock in apple's Chinese manufacturing business than the usa based one!!!
I study the stock market all the time, and I am aware that Apple is one of the very few companies that is so innovative. Introducing futuristic designs and exciting new gadgets, and that is what drives the stock. Not to mention the very good Balance Sheet and Income Statement. While Apple stock has increased by more than $100 this year, Microsoft stock has only gone up around $4. Should I decide to sell my Apple stock, my profit will so much that I won't know what to do with it.
10 years!! how many do you have? you could have big profit
Bernard DeBaille of Belgium was a good friend of mine years ago when I lived in France. He only spoke French, but so did I, so we got on great. I wish I had kept in contact with him over the years.
See my other post to get somewhat of an idea of how many shares I have. I really hate to show that number on a public forum.
as has already been said, it's a general pullback...but i would go one step further and say it's a globel thing
the US economy is incredibly fragile right now, i personally have zero confidence in it...hopefully the next president can at least stabilise it
the US economy is incredibly fragile right now, i personally have zero confidence in it...hopefully the next president can at least stabilise it
as has already been said, it's a general pullback...but i would go one step further and say it's a globel thing
the US economy is incredibly fragile right now, i personally have zero confidence in it...hopefully the next president can at least stabilise it
I find it incredible that residents of other countries feel that they are in the know about our economy. It is impossible to know unless you live it and invest in it day to day. Reading about it in the media or hearing about it on TV is the worst way to analyze anything. The media people are all about SENSATIONALISM. Furthermore, a President does not have that much long term influence on the whole US economy.
as has already been said, it's a general pullback...but i would go one step further and say it's a globel thing
the US economy is incredibly fragile right now, i personally have zero confidence in it...hopefully the next president can at least stabilise it
I will never get over the fact that people seem to think the president has any real control over the economy. The truth is they have very little control over it. Yet it is how we elect them is completely based on the economy.
Indeed. The close today brought an end to a week of bad closings. I believe the Dow 30 is more than 500 points down for the week. With record high oil, weak earnings reports, problems in the financial sector...is it really too surprising?
Pretty nice drop the past two days. Trading ranges have been massive $10 today.. $20 on Thursday. I'm holding my shares. There hasnt been any aapl specific negative news the past two days. Selling has been on very heavy volume (approx. 1.5 normal the past two days), along the the market in general.
as has already been said, it's a general pullback...but i would go one step further and say it's a globel thing
the US economy is incredibly fragile right now, i personally have zero confidence in it...hopefully the next president can at least stabilise it
The U.S economy is facing a cross-roads right now IMO, but the pres. has little to do with it. If anything, blame greed and the fed...
maccompaq said:
Rodimus Prime said:
all i said was that the US economy is 'incredibly fragile'...which it is
the housing crisis...i think it's 2 million households that are about to be displaced over the next 18 months...that's alot of houses at one level of the market that will lower prices...and alot of people searching for cheaper housing, pushing prices up in that market...not good
the falling dollar...the US dollar has fallen ALOT recently, even the aussie dollar is trading at 92-ish US cents last time i checked (versus 70 cent average for the last few years)
national debt...
see http://today.reuters.com/news/artic...Z_01_N07545790_RTRIDST_0_USA-ECONOMY-DEBT.XML
so the government is running a deficit of US$160 billion this year (not much for the US economy i'll grant you)...but the private sector is in debt to the tune of US$9 trillion...because the PRESIDENT raised the debt limit (also note how much the president has spent on the war)
so yes...the US economy is INCREDIBLY FRAGILE
EDIT: http://en.wikipedia.org/wiki/United_States_public_debt
$5 trillion US federal debt
so everyone in the US is in massive debt...
maccompaq, a junior high school student could tell that the US economy is in dire straights...accept the truth and try to fix it (the latter may be a bit difficult to do personally)
Moderator Note: Folks, we're starting to move toward topics that would be better suited for the Politics, Religion, and Social Issues forum. I'd prefer to keep it out here where everyone can contribute, so please tread lightly. Thanks.
lol...sorry...i digressed abit
the original point was that the apple stock fall is part of a global stock fall (except for the biggest and third biggest mining companies in the world which are discussing a merger)
and that the stock fall is very real...hopefully apple won't be hurt too bad (i think it will bounce back nicely, because it has alot of investment in asia, which shouldn't be affected)
the original point was that the apple stock fall is part of a global stock fall (except for the biggest and third biggest mining companies in the world which are discussing a merger
)and that the stock fall is very real...hopefully apple won't be hurt too bad (i think it will bounce back nicely, because it has alot of investment in asia, which shouldn't be affected)