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[BGR] Apple market value down $130 billion since iPhone 5 launch

post #1 of 28
11/8/12 at 3:16pm
Thread Starter 
Apple dropped over $20 today.

http://bgr.com/2012/11/08/apple-analysis-wall-street/
Quote:

Apple (AAPL) launched the fastest-selling smartphone in history in late September and the company went on to post a record September quarter, during which it earned $8.2 billion in profit on $36 billion in sales. The company also issued impressive guidance for the holiday quarter, anticipating a record $52 billion in revenue. Since Apple’s stock hit a record high when the iPhone 5 launched, however, it has lost more than $130 billion in market value — closing at $558 on Wednesday, down nearly 21% since late September. Why is Apple’s stock tanking as the company continues to break record after record? Wall Street.
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post #2 of 28
11/8/12 at 3:24pm
biggrin.gif

Keep going down, baby!
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post #3 of 28
11/8/12 at 3:35pm
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Quote:
Originally Posted by Cheezman View Post

biggrin.gif
Keep going down, baby!

Nice pun.
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post #4 of 28
11/8/12 at 3:56pm
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I honestly think this plunge is more due to the iPad Mini than the iPhone 5.

That being said though.. Wall Street is a joke imo. It's pure speculation (which is why we have issues with it even today.. though I'll tread lightly here), has barely anything to do with reality / supply + demand anymore.
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post #5 of 28
11/8/12 at 3:56pm

Keep working that magic Tim  biggrin.gif

 

Makes the 3 billion they won of Samsung like peanuts wth.gif


Edited by quakermaas - 11/8/12 at 4:01pm
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post #6 of 28
11/8/12 at 3:58pm
no worries the iphone mini 5s will be out soon.
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post #7 of 28
11/8/12 at 4:08pm
YES!!!!!!! Ave Samsung.
uʍop ǝpısdn ɯ,I ¡dlǝH
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post #8 of 28
11/8/12 at 4:09pm
bubbles always burst.
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post #9 of 28
11/8/12 at 4:14pm
Quote:
Originally Posted by PureBlackFire View Post

bubbles always burst.


Couldn't have said it better
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post #10 of 28
11/8/12 at 4:23pm
Quote:
Originally Posted by quakermaas View Post

Keep working that magic Tim  biggrin.gif

Makes the 3 billion they won of Samsung like peanuts wth.gif

Keep in mind though, market value means little to nothing.
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