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Originally Posted by Prestidigitweeze
A related topic might be the relationship between the position of Apple stock and that of other U.S. companies, and how a decline in value will impact on the world and North American economies.
--- I can also see why some people might be angry over Apple's roach-motel-country-club ecosystem and pricing.------
What I don't know is the effect that a sharp decline in Apple's value would have on the market overall. The predicted decline of Apple might seem wonderful to people who don't like their products or business practices, but would it be a good thing in other respects?
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Value is a complex thing.
If Apple[AAPL] and its products disappeared, replacement would be easy. On the other if Exxon [XOM] and its "more real" properties disappeared the world would be in trouble and yet we compare the "value" of AAPL to XOM.
AAPL's stock once hit $700 a share, then dropped to $400, and then went back up to the $550 to $570 range until recently when it started back down and went below $500 which some defined as a "resistance level" and some, myself included, speculated whether it would continue down to the $400 resistance level.
Apple then (at first secretively) proceeded to support the share price (up to about $546) with a stock buyback of $14 Billion (about 10% of its cash holdings). A lot of people, myself and one of my sons included, who watch these things, myself as a amateur and my son as a professional, wondered why the increase and then 2 weeks later, the secret of the buyout came out.
Apple is now moving back down again to about $525 currently.
Apple's value doesn't mean a lot except to people holding on to the stock.
What a lot of people don't quite understand is that if the last share of a stock sold for $100, that doesn't mean that all the shares sold for $100.
Unless you are in the Market, don't worry too much about it. It doesn't necessarily directly reflect the health of a company or the worth of it's products.