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Legendary horror film director Wes Craven has made movies less gruesome than today's performance by AAPL on Wall Street. One day removed from the company's holiday quarter earnings report, shares...
01-24-2013, 09:19 AM #1
Thursday Brings a Bloodbath for AAPL on Wall Street
Legendary horror film director Wes Craven has made movies less gruesome than today's performance by AAPL on Wall Street.
One day removed from the company's holiday quarter earnings report, shares of the Mac maker have tanked by more than $50, trading perilously close to $450 - a devastating level given the stock's record-high price of $700 just three months ago.
On Wednesday, Apple revealed earnings of $13.1 billion on record sales of 47.8 million iPhones, 22.9 million iPads and 4.1 million Macs. Revenue also climbed 18% to $54.51 billion, although analysts had expected $54.73 billion.
"It's just not fair" how investors are treating Apple, CNBC's Jim Cramer said Thursday, a day after Apple reported earnings that beat Wall Street estimates but saw disappointing revenue numbers.
01-24-2013, 10:11 AM #2
People like you prematurely hurt the stock. When bloggers write misleading stories, what do you expect the stock to do.
01-24-2013, 10:12 AM #3
Company sells millions of devices, increasing revenue by 18% to 54.5 billion, people, __ 54.5 BILLION __ dollars of REVENUE, and it's stock falls
Apple or no Apple, this is just wrong.
This only shows how wrong and broken todays stock market is, and, in fact, means absolutely nothing, except for those who earn money on speculations (buy/sell/buy/sell stocks).
01-24-2013, 10:24 AM #4
Because everyone today is doing short trading. No one is in it for the long haul and buying and holding for retirement. That's the problem with people and company now a days. Everyone wants there money now!!! And companies want to know what there bottom line/profit is right now or for today!!! It's really sad and that's why our market is so screwed up. Plus the market value is still not a true value. Some financialists are predicting another 2008 this year. See what happens! Lol
01-24-2013, 10:30 AM #5
The problem lies with analysts predicting ridiculously high targets for a company that is just a company. People seem to think that the employees have miracle-making super-powers and expect far too much from them; it is these high expectations that make it difficult for Apple to please the greedy traders. But nevertheless, this is Apple and I'm sure that they'll bounce back but I doubt that they'll reach the $1,000+ targets without innovating; I remained positive after the death of Steve Jobs but all I see now are failings, a once revolutionary company that's moved away from what they do best and becoming just another exploited gold mine which will at some point become depleted unless they search for new discoveries.
01-24-2013, 10:44 AM #6
There is obviously a general problem in the markets behaviour nowdays. Capital fluctuations in the stock market are not explainable and people keep loosing a lot of money.
I am happy not to have any AAPL shares, because, obviously, after yesterday's results, I would have never sold them.
I am really curious to have a specialist's explanation on this.
01-24-2013, 11:31 AM #7
Simple rule! What goes up must come down!! And sadly it happens to shares too! Although I don't apple shares I have had shares that have gone down when good news comes!
01-24-2013, 12:12 PM #8
01-24-2013, 02:04 PM #9
Slowly, slowly the Apple will be eaten away and all they will have left is a core and a few pips and at the end of the day it will be their own fault!
01-24-2013, 02:11 PM #10
Using random numbers..........
Price 550........................The 550 represents CURRENT AND UP TO DATE INFORMATION.
after earnings call 500......The 500 represents CURRENT AND UP TO DATE INFORMATION.
Price after rumors 525
Price after earnings call 475..... The 475 represents (CURRENT AND UP TO DATE INFORMATION)+ (rumor mill)
Stock B is lower than it should be because of unconfirmed and collaborated rumors. This should not happen.
As for individuals who are betting short on Apple, they made some money for sure the last couple of weeks. This is where the rumor mill can make unethical individuals money fast.
Last edited by mustard05; 01-24-2013 at 02:16 PM.
01-24-2013, 02:29 PM #11
By the way, can you point to where the misinformation is here? I don't see it personally, but I have been wrong before.
Last edited by sziklassy; 01-24-2013 at 02:32 PM.------------------------------------------------------------------------------------------------------------------------------------------------------------------
I once prayed to God for an iPhone, but quickly found out He didn't work that way...so I stole an iPhone and prayed for His forgiveness.
A dog is the only thing on earth that loves you more than you love yourself. - Josh Billings
01-24-2013, 02:34 PM #12
01-24-2013, 02:40 PM #13
Apple Fansites, like MMi, going bat shít crazy of rumours over and over again is what has over inflated Apple's stock price in recent years. This rumour mongering has spread to mainstream media and analysts are even believing that nonsense.
01-24-2013, 03:04 PM #14
PRAETORIANNI NONNUMQUAM IN PROELIO NUMQUAM IN BELLO SUPERANTUR
01-24-2013, 03:09 PM #15
01-24-2013, 06:00 PM #16
My advise to anyone with disposable income right now is to buy, buy, buy AAPL....you know the stock is going to climb again once the latest and greatest IDevice is on the horizon.
01-24-2013, 07:13 PM #17
Typical MESSany story.
01-25-2013, 03:55 AM #18
will it ever reach 700$ again?