Comments on: Apple Stock Tanks During Stevenote

By: Todd

Todd — Wed, 16 Jan 2008 13:41:56 +0000

No 3G iPhone? Then stock goes flat or tanks, that was predicted everywhere:

http://keynoteindexfund.com/

By: Manuel

Manuel — Wed, 16 Jan 2008 08:35:08 +0000

I agree with Keith Shepard, “buy the rumor, sell the news…”
Nothing new, of course.

By: ItsNotTheSame

ItsNotTheSame — Wed, 16 Jan 2008 04:43:58 +0000

Apple is seen as a luxury/brand product by wall street. Let’s be honest, its not selling an essential commodity that has no substitute, but rather high end product of very competitive industry. With the possibility of recession looming thanks to December spending and news of citi’s losses and job cuts, companies like Apple are among the most hard hit. When was the last time Apple sold big in emerging markets?

By: Your Daddy

Your Daddy — Wed, 16 Jan 2008 01:24:11 +0000

3G IPHONE With Active Synch Support would have saved thier ass today.

By: Your Daddy

Your Daddy — Wed, 16 Jan 2008 01:23:29 +0000

Bullshit, on CNBC they said that APPL stock went up 10% after 2007’s, 11% after 2006’s but was down after 2005’s. So maybe it only lasts 2X then flops. Then again, this is a recession year, yo.

By: Adam

Adam — Wed, 16 Jan 2008 00:40:26 +0000

I don’t think that there’s a product in our collective imagination that Steve could have pulled out today that would have AAPL up on the day. Risky assets are just starting to wake up to global economic reality (NASDAQ down 2.45% today, down 8.85% YTD). I would argue that AAPL still has a pretty fancy price even down 14.5% YTD. A price/earnings ratio of about 42 heading into a U.S./Global recession is pretty optimistic. I’ll say again that I have no idea where this stock is going but if I was a monkey in front of a dart board (and I am) I would choose not to throw the dart (and I’m not).

By: Keith Shepard

Keith Shepard — Tue, 15 Jan 2008 22:18:57 +0000

Same old, same old on Wall Street…”buy the rumor, sell the news”. Nothing new really.

Wash, rinse, repeat.

By: Mike P.

Mike P. — Tue, 15 Jan 2008 21:54:24 +0000

oh, and the fact that aapl is down 5 bucks in afterhours isn’t because people “yawned” at the presentation — it’s because intel disappointed — tech will be hit very hard tomorrow

By: Mike P.

Mike P. — Tue, 15 Jan 2008 21:52:58 +0000

Did you even see what was going on in the broader market? Do you think investors care about his keynote when Christmas retail sales numbers were a brick and citi disappointed?

By: Raskin

Raskin — Tue, 15 Jan 2008 21:17:25 +0000

Erick is a funny guy.

By: jd

jd — Tue, 15 Jan 2008 21:12:59 +0000

cheers patentman.

re: erick and duncan - that’s what they get paid the big bucks for!

By: patentMan

patentMan — Tue, 15 Jan 2008 20:48:19 +0000

jd,

my comment was for both of you

if you proved via the #’s then you are right. I don’t doubt you. i am just simply sick of people making statements without presenting some proof.

like a lot of posts that erick and duncan make (he’s bad!!)

By: jd

jd — Tue, 15 Jan 2008 20:46:52 +0000

@patentman

“compare AAPL to their competitors. if the drop differential is larger than them then you can assume there is a macWorld effect. If not, it’s the market.”

at 3:19pm prices:

aapl, down 7.7%
computer hardware index, down 4.2%
nasdaq, down 1.75%

news moves markets and individual companies both, why is this such a difficult concept to fathom?

By: TechCrunch Japanese アーカイブ » Apple株、Steve Jobs氏の基調講演中に暴落

TechCrunch Japanese アーカイブ » Apple株、Steve Jobs氏の基調講演中に暴落 — Tue, 15 Jan 2008 20:13:57 +0000

[...] [原文へ] [...]

By: www.teknear.com

www.teknear.com — Tue, 15 Jan 2008 20:08:47 +0000

Caen las acciones de Apple durante el Appleworld…

Vota este post en teknear.com…

By: Stanton Champion » Apple - Yikes!

Stanton Champion » Apple - Yikes! — Tue, 15 Jan 2008 20:04:44 +0000

[...] TechCrunch, BloggingStocks, and others have reported, Apple’s stock price fell hard both during and [...]

By: patentMan

patentMan — Tue, 15 Jan 2008 20:00:29 +0000

@# starving capitalist - you are right!

@27, jd: the stock market doesn’t drop that much for no reason whatsoever. compare AAPL to their competitors. if the drop differential is larger than them then you can assume there is a macWorld effect. If not, it’s the market.

Learn to analyze people and stop acting like Fox news!

By: Jeff Hock

Jeff Hock — Tue, 15 Jan 2008 19:55:19 +0000

Aside from the fact that the market is down overall, this is simply a manifest of the ole saying “buy on speculation, sell on confirmation”.

By: Salem

Salem — Tue, 15 Jan 2008 19:49:15 +0000

Carl, I’m pretty sure I remember aapl went up 10% on the announcement of the iphone. This may be typical, but it’s not guaranteed. I wonder what the market didn’t like? Not enough iphones sold? Not enough songs sold? Don’t like the new apple tv? What exactly did not meet expectations. Yeah, everyone was down today, but appl was down much much more than most.

By: Carl Mercier

Carl Mercier — Tue, 15 Jan 2008 19:42:23 +0000

The stock also tanked when they announced the iPhone and the iPod, yet, both were huge hits. Wall Street doesn’t get it.

By: Bajan las acciones de Apple durante la Macworld

Bajan las acciones de Apple durante la Macworld — Tue, 15 Jan 2008 19:36:52 +0000

[...] | Techcrunch Enviar a: Iconos de marcadores [...]

By: Stanley Miller

Stanley Miller — Tue, 15 Jan 2008 19:35:26 +0000

today’s stock market = online casino.

By: Apple Stock Tanks During Stevenote »TechAddress

Apple Stock Tanks During Stevenote »TechAddress — Tue, 15 Jan 2008 19:30:11 +0000

[...] Web-based software, with projects like Enso and music search engine Songza. While […]Source:Techcrunch Steve Jobs is giving Wall Street a big yawn. The Stevenote isn’t even over yet, and [...]

By: Mac… Book… Air… @ otro blog m�s

Mac… Book… Air… @ otro blog m�s — Tue, 15 Jan 2008 19:24:26 +0000

[...] una quinout especialmente interesante en cuanto a novedades para la pol�tica de Apple (de hecho, le ha sentado fatal a la cotizaci�n de la empresa) pero… qu� m�quina. El nuevo MacBook Air va a ingresar por la v�a r�pida en el numeroso pero [...]

By: jd

jd — Tue, 15 Jan 2008 19:24:18 +0000

@starving capitalist, bob and others

when the CEO of a company gives a presentation outlining his major initiatives for the coming year, it’s kiiiind of a big deal.

yes, markets do react to that.

yes, aapl is probably down because of the overall market drop. BUT nasdaq is only down 2.5% and aapl is down over 6% — 5% since the keynote.

isn’t there a slim possibility that part of that drop is a reflection of the market’s reaction to the keynote? maybe?

you guys should check that attitude at the door. you may not agree with techcrunch’s analysis (and they may or may not be correct), but it’s perfectly reasonable and appropriate!