Comments on: Apple’s stock dives during Macworld keynote http://www.crunchgear.com/2008/01/15/apples-stock-dives-during-macworld-keynote/ Gadgets, gear and computer hardware. Sun, 23 Nov 2008 16:56:29 +0000 http://wordpress.org/?v=2.6.3 By: Adam http://www.crunchgear.com/2008/01/15/apples-stock-dives-during-macworld-keynote/#comment-566362 Adam Tue, 15 Jan 2008 23:27:07 +0000 http://www.crunchgear.com/2008/01/15/apples-stock-dives-during-macworld-keynote/#comment-566362 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). 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: Ethan http://www.crunchgear.com/2008/01/15/apples-stock-dives-during-macworld-keynote/#comment-566170 Ethan Tue, 15 Jan 2008 19:55:24 +0000 http://www.crunchgear.com/2008/01/15/apples-stock-dives-during-macworld-keynote/#comment-566170 its pretty hard to keep things secret, so the MacBook Air and other news about the iPhone numbers and OSX Leopard numbers are most likely already priced into the stock running up to todays event. There's also the possibility that people are doing some profit-taking on a stock that has done very well. its pretty hard to keep things secret, so the MacBook Air and other news about the iPhone numbers and OSX Leopard numbers are most likely already priced into the stock running up to todays event.

There’s also the possibility that people are doing some profit-taking on a stock that has done very well.

]]> By: Matt Claypotch http://www.crunchgear.com/2008/01/15/apples-stock-dives-during-macworld-keynote/#comment-566106 Matt Claypotch Tue, 15 Jan 2008 18:51:04 +0000 http://www.crunchgear.com/2008/01/15/apples-stock-dives-during-macworld-keynote/#comment-566106 My bet has nothing to do with the big wigs, and everything to do with people trying to short the stock on the keynote. My bet has nothing to do with the big wigs, and everything to do with people trying to short the stock on the keynote.

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