Quote:
Originally Posted by murraypaul
a) Stock price movements cause no-one gains or losses unless they are actually buying or selling.
b) They are releasing their full results next week anyway.
There is at least one rumour involving Apple every week. Should they respond to all of them?
Should they refute the iPhone Mini rumours?
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a) Sure, but are you going to say there have been no large groups of investors who have taken a big loss so far due to transactions based on these "rumors?"
b) Past performance is no guarantee of future results!! Seriously, this isn't about past earnings so much as indications of current and future trends.
And, sure, rumors regarding the mobile market crop up every second. But this is one of the most significant ones regarding a major player, and seems to relate directly to trends in demand.
Also, an iPhone Mini or rumors of any future product wouldn't necessarily depress stock prices. It could actually boost prices.
--Pat