After the iphone was announced, the stock dropped like a beast, about $10.
Im not an expert in economics or the stock market, but i have a couple of stocks in Apple and seeing the price dropping is worrying me. I mean, could it be seen as a buying opportunity for people and increase later?
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Apple Stock whats going on?
#2
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Posted 27 January 2007 - 03:33 PM
It was because Cisco sued Apple.
Apparently the name iPhone was already owned by Cisco for their internet phones.
Someone in Apple didn't check it out.
Apparently the name iPhone was already owned by Cisco for their internet phones.
Someone in Apple didn't check it out.
#3
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Posted 27 January 2007 - 05:05 PM
how much more you think its going to drop?
and you think its going to increase with the release of iphone?
and you think its going to increase with the release of iphone?
#4
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Posted 27 January 2007 - 06:16 PM
Don't worry it's not going to be that bad.
It would probably increase with the release of the iPhone and after the suit against them is done.
Apple might also come out with the 6th Generation iPod soon.
Apple is still going strong and its pretty much stable.
It would probably increase with the release of the iPhone and after the suit against them is done.
Apple might also come out with the 6th Generation iPod soon.
Apple is still going strong and its pretty much stable.
#5
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Posted 28 January 2007 - 01:57 AM
I'm gonna buy some apple stock. Only a few thousand $ worth tho... this time next year I'll be rich!
Apple knew Cisco had the iphone trademark - they had asked for permission several times before the announcement, but obviously weren't able to get to an agreeable position. Interestingly, Cisco weren't really using the trademark until the end of last year where they just stuck iphone stickers onto an existing product. And plus everybody called it the iphone before it was even announced. Who know's what is going to happen... most stock holders don't like this uncertainty I guess.
Apple knew Cisco had the iphone trademark - they had asked for permission several times before the announcement, but obviously weren't able to get to an agreeable position. Interestingly, Cisco weren't really using the trademark until the end of last year where they just stuck iphone stickers onto an existing product. And plus everybody called it the iphone before it was even announced. Who know's what is going to happen... most stock holders don't like this uncertainty I guess.
#6
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Posted 28 January 2007 - 02:43 AM
QUOTE(MUGETSU_DJ.Ace @ Jan 27 2007, 09:16 PM) 
Don't worry it's not going to be that bad.
It would probably increase with the release of the iPhone and after the suit against them is done.
Apple might also come out with the 6th Generation iPod soon.
Apple is still going strong and its pretty much stable.
It would probably increase with the release of the iPhone and after the suit against them is done.
Apple might also come out with the 6th Generation iPod soon.
Apple is still going strong and its pretty much stable.
true, i have one other question too.
does every hyped up product release lead to a price increase in stock?
sorry, im just trying to learn economics right now.
#7
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Posted 28 January 2007 - 02:53 AM
Normally announcements make stocks go up for Apple. But also Apple announced their most successful holiday quarter so that probably helped.
A lot of people are concerned that Apple won't be able to maintain the strong ipod sales that they've just experienced (it's not christmas anymore), also, some are worried that in the last holiday quarter Apple sold slightly less Macs than in the previous quarter (although Apple still say it met their expectations). All these factors will cause stock to go down in the short term.
But check out the growth for the last 5 years:
http://finance.yahoo.com/q/bc?s=AAPL&t...&q=l&c=
i guess being a non shareholder is good since I don't really have to care. Apple has been dying for the last 30 years
A lot of people are concerned that Apple won't be able to maintain the strong ipod sales that they've just experienced (it's not christmas anymore), also, some are worried that in the last holiday quarter Apple sold slightly less Macs than in the previous quarter (although Apple still say it met their expectations). All these factors will cause stock to go down in the short term.
But check out the growth for the last 5 years:
http://finance.yahoo.com/q/bc?s=AAPL&t...&q=l&c=
i guess being a non shareholder is good since I don't really have to care. Apple has been dying for the last 30 years
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