Apple investors remain jittery
Summary: While Apple might be doing well, I can't help but notice how jittery Apple investors seem to be. Any bad news relating to Apple seems to cause dramatic drops in stock prices.
While Apple might be doing well, I can't help but notice how jittery Apple investors seem to be. Any bad news relating to Apple seems to cause dramatic drops in stock prices.
We've had several examples of Apple's stock price taking a hit over the past few months. An unconfirmed rumor spread by Engadget that the iPhone and Leopard were being delayed caused a plunge in price, as did the news of the lower than expected activation of iPhones during the first weekend and now a rumor that surfaced on TheStreet.com that Apple is having iPod and iPhone production problems. While each time the stock price has recovered (and recovered pretty fast), the sudden negative effect this news has on investors must be worrying for Apple executives because it's a sure sign that any serious problem that Apple may suffer in the future will be severely punished and a recovery could take some time.
Thoughts?
Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.
Talkback
My thoughts
Wow
I think Adrian is right, people are moving toward a more platform-agnostic view of things. I have noticed that with my own clients. Businesses are better served by having platforms that do certain things best. One of my clients in particular continues to use Macs for graphic design because they have found them to be better at handling large files and are more stable in Photoshop.
I think you responded to the wrong blog...
And you didn't answer the question.
I think you're seeing such strong reactions because Apple is the big story. Right now news outlets are tracking everything Apple does, and so people are going to react.
The reason for my statement...
This is Technology area not an investors blog.
Investors are jittery
Investors are in it for the money not because they have a crush on Apple. I would be jittery too if I had thousands of dollars invested in anything, if your stock falls a few cents you lose big bucks.
Who wants to lose money?
Apple investors remain jittery
cat on a hot tin roof..... if they've been
reading the news. Vista?
EVERYBODY is jittery, and trying to avoid
the straw that breaks the camels back, when
the stock market is quivering like a bowl of
Jello.
Apple stocks have always been unstable
The company has cornered the market on mobile music, but has no real tangible share of any market for the other products they provide. I know that Apple lovers will say, "that's not true" but give me a break, 3% of the computer market is not worth jumping up and down about. Neither is the historically bad decisions that they have made that have sacrificed customer preference for the sake of style - not at all good business decisions.
The iPhone is on just about everyone's mind right now - either they love it, they hate it, or they don't give two shits. I am of the third group.
Investors have probably realized that the hype is not justified, and that most cell customers don't want to spend $600 for a phone that is tied to a 2-year contract when they can get a phone that does more for less. Crafty consumers always make investors nervous.
The good news - they will bounce back. They always do. But I wouldn't look for them to corner the cell phone market. At least not until they realize that functionality is more important in expensive gadgetry then the "look."
Marketshare
What about Dell what do their profits look like? Apple made 1/3 of the profit that MS
did last quarter with it's 3-5% of the market. It made about 1/2 of what HP & Dell
combined made in Net Profit. You can't make money selling bargain basement PC's.
Where did your accounting and finance degree come from?
Read before you rant. I wasn't bashing Apple. Just saying that their computers are better than their business decisions.
There's no edit - so here's a correction
Apple stock has been moving fast
the stock down are fairly quickly shot down and the stock
recovers. Analysts are talking about AAPL at $200 when only a
few months ago they were talking about $100 or $120.
I think that most of the fast sell offs are from investors that really
don't understand Apple and the potential for Steve J or Jonathan I
to deliver the unexpected. If the rumor about a new iMac design
on the 7th is true then watch the stock jump as soon as these
investors see the new design. Of course there will always be
Non_Zealot here to make it look like a failure.
While there will continue to be problems rumored I believe that
Apple is going to continue delivering new products through the
holiday buying season and each new product will bump the stock
up a bit more. Then there will be MWSF 08 which will bring out
more reasons for the stock to increase. (It's going to be a bad
few months for NZ . . .)
Knowledgeable investors are going to continue to hold onto their
holdings while investors that never thought of Apple until they
learned it was a hot stock will continue to have the jitters.