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Old 07-13-2010, 12:32 PM   #1
scottjl
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Angry apple stock takes a hit from "antennagate"

http://techcrunch.com/2010/07/13/in-...k-takes-a-hit/

dropped $10 this morning. i just lost some money. grrr.
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Old 07-13-2010, 12:47 PM   #2
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Quote:
Originally Posted by scottjl;
http://techcrunch.com/2010/07/13/in-...k-takes-a-hit/

dropped $10 this morning. i just lost some money. grrr.
Yikes...me, too! :-(
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Old 07-13-2010, 12:49 PM   #3
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I was actually wondering about that on the commute to work this morning and had it in the back of my mind to check sometime today...

It's still way up from a year ago and about 25% up since February thanks to the iPad, but they need to respond to this antenna issue soon in a way other than improving the display of the signal strength bars.
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Old 07-13-2010, 12:51 PM   #4
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Obvious though it is to say, you've only lost money if you sell at the lower price.
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Old 07-13-2010, 12:54 PM   #5
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Obvious though it is to say, you've only lost money if you sell at the lower price.
Well, that's not true.

If one would follow your argumentation all the banks wouldn't got financial problems because of the 'subprime crises'
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Old 07-13-2010, 01:08 PM   #6
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How is it "not true"? Unless you sell your shares, your "loss" is purely a theoretical one, as is your "gain" if the price goes up.
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Old 07-13-2010, 01:26 PM   #7
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what goes down must come back up?
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Old 07-13-2010, 01:30 PM   #8
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How is it "not true"? Unless you sell your shares, your "loss" is purely a theoretical one, as is your "gain" if the price goes up.
At first you have exchanged real money against shares. So you have 'lost' the money in the first place (at least at that point).

The value of the share is determined by the amount of money you get at that time. That means you loose or win monetary value (not money) every second.

Anyway, if it's better for your psychological state you can tell yourself that you didn't loose money.
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Old 07-13-2010, 01:50 PM   #9
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Apple has gotten themselves in quite a pickle

http://www.boygeniusreport.com/2010/...le-pr-iphone4/

I was thinking about buying Apple stock a couple months back but they seemed to be pretty fairly valued so I didn't bother. Consumer tech stocks are so volatile you are always exposed to downside if something better comes out. In this market I'd rather stick with the cash cows that are a bit more stable.
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Old 07-13-2010, 02:34 PM   #10
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I have had Apple stocks for about one and a half years and I noticed the slight hit, too. However I think this is a perfect situation to buy more stocks, because I’m sure it will recover in a matter of months. This is only a slight problem and doesn’t affect the management or the roadmap for future products. Eventually, I expect the stock to rise up to 250€, maybe more.
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Old 07-13-2010, 02:38 PM   #11
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I have had Apple stocks for about one and a half years and I noticed the slight hit, too. However I think this is a perfect situation to buy more stocks, because I’m sure it will recover in a matter of months. This is only a slight problem and doesn’t affect the management or the roadmap for future products. Eventually, I expect the stock to rise up to 250€, maybe more.
The stock market will break down after the financial crisis will hit the job market.

It's just another Bubblegate (like the New Economy Bubble in the 90s).
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Old 07-13-2010, 02:56 PM   #12
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Up until now Apple wasn’t much affected by the financial crisis, much in difference to many other tech companies.
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Old 07-13-2010, 04:37 PM   #13
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Looks like a typical AAPL day to me
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Old 07-14-2010, 01:46 AM   #14
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Up until now Apple wasn’t much affected by the financial crisis, much in difference to many other tech companies.
I would say that about 40% of Apple's revenues come from the U.S. consumer and within the next few years when the real crisis hits their stock will drop dramatically.
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Old 07-14-2010, 10:37 AM   #15
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I hate that the stock dropped, because of how it effects real people. But I'm glad because that is something that will get Steve's attention. I agree it won't be a long term hit.... Reality is there are few people (some would call them huge risk takers) that use an iPhone without a case. So for real world use the problem is not a deal breaker for most. Still, Steve needs to stop with the BS and step up to the plate.....
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