I fully agree iPhone is a phenomenal sales success.......
Now Apple needs to figure out this chart and what's wrong with it.....
http://ichart.finance.yahoo.com/z?s=AAPL&t=1y&q=l&l=off&z=l&p=s&a=v&p=s
$80/share and falling FAST! Look at the VOLUME of the DUMPING. (I say
dumping because of the FALLING price.)
Has anyone seen Jobs in the flesh moving around recently? That would
explain a lot of the drop....
You know Larry, on the launch of 3G I was thinking of buying Apple stock?
> Has anyone seen Jobs in the flesh moving around recently? That would
> explain a lot of the drop....
Nah, just the prospect of owning an iPhone has distracted a lot of
people from the mundane actions of their day to day job. Some bankers
lost the ball doing this, and the rest is history. This will be dug up
in 2050 by aliens visiting this desolate, wrecked planet covered with
iPhones, who will ask with puzzlement, 'why?'
--
Adrian C
I was wondering about the drop in the stock price, down about 60% on a
company that is EARNING over $5/share from actual PROFITS, unlike the
banks.
It's crazy it keeps dropping, eating up whatever profits the screwed
investors are making from the company's profits by constantly losing equity
through their shares. Just doesn't make any sense.....like the rest of
America in 2008.
Someone is manipulating the stock.....