Even after Apple announced their most successful quarter ever on Tuesday, apparently shareholders can’t keep Apple stock unless their iPod sales continue to go up. Despite Apple reporting record breaking Christmas sales, it seems all the stock market heard was that there was little growth in iPod sales. Could this possibly be because everyone and their dog owns an iPod nowadays, and demand isn’t that high? Egad!
Apple stock took a huge dive yesterday, scraping the ground at nearly $30 loss per share midday. It once again recovered half it’s losses, and closed Wednesday at $16.57 down from Tuesday. Not that the rest of the economy is hunky dory, but come on! Wall Street analysts say buy it now, and why shouldn’t you? With stock prices this low, it is a great time to buy. And regardless of stock price today, it doesn’t look anything like Apple as a company is failing. The past couple of day’s results come from people being hung up on the fact that Apple didn’t shatter predictions, merely exceeding them by far.
Disclaimer: I’m no stock analyst, so don’t bet your life’s savings on what I say, and all that.
Even after Apple announced their most successful quarter ever on Tuesday, apparently shareholders can’t keep Apple stock unless their iPod sales continue to go up. Despite Apple reporting record breaking Christmas sales, it seems all the stock market heard was that there was little growth in iPod sales. Could this possibly be because everyone and their dog owns an iPod nowadays, and demand isn’t that high? Egad!
Apple stock took a huge dive yesterday, scraping the ground at nearly $30 loss per share midday. It once again recovered half it’s losses, and closed Wednesday at $16.57 down from Tuesday. Not that the rest of the economy is hunky dory, but come on! Wall Street analysts say buy it now, and why shouldn’t you? With stock prices this low, it is a great time to buy. And regardless of stock price today, it doesn’t look anything like Apple as a company is failing. The past couple of day’s results come from people being hung up on the fact that Apple didn’t shatter predictions, merely exceeding them by far.
Disclaimer: I’m no stock analyst, so don’t bet your life’s savings on what I say, and all that.
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