Comments on: Apple stock falls thanks to financial panic, down 14%

By: Hits Singapore » Blog Archive » AAPL Falls On Reports of Slowed Consumer Spending

Sun, 12 Oct 2008 08:44:03 +0000

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By: funky mertie

funky mertie — Wed, 01 Oct 2008 04:05:36 +0000

Does this Kathy work for Microsoft!!!!!

By: Todd

Todd — Tue, 30 Sep 2008 14:17:34 +0000

What surprises me about yesterday’s move in aapl is the credence seller’s placed in Katy Huberty’s analysis. Andy Zaky over at his Bullish Cross blog (http://bullcross.blogspot.com/) pointed out last week just how bad of an analyst she is on Apple. Zaky himself and Gene Munster at Piper Jaffray seem to get it pretty right.

Disclosure: No connection to Zaky whatsoever, just a long time Apple investor. I did back up the truck on Jan ‘10 110 calls yesterday though.

By: Tequila Al

Tequila Al — Tue, 30 Sep 2008 02:28:50 +0000

There are several reasons to sell but the biggest is to raise liquidity levels within the portfolio of fund managers. Most managers have a discipline that they have to abide by and with the financial sector in the tank, they’re forced to rebalance and raise liquidity. Tomorrow being the last day of the month means that within the week investors will begin to receive their statements, and they’re not going to be happy when they see the black,white,and RED. At the same time, spending has come to a screaching halt which will have a negative affect on 3rd quarter earnings. As for the sub 1k machines, i’m not buying into that model saving anyone. The consumer that would normally buy that machine is too busy trying to save what they have. Apple will be fine and is a buy. The next phase will be consolidation and then we will build a foundation from there.

By: Victor Shamanovsky

Victor Shamanovsky — Tue, 30 Sep 2008 01:01:37 +0000

^^^ What he said.

By: Apple stock falls thanks to financial panic, down 14% « Weblibraryjpn’s Weblog

Tue, 30 Sep 2008 00:25:30 +0000

[...] Apple stock falls thanks to financial panic, down 14% (September 29, 2008 CrunchGear) AlleyInsider is reporting that AAPL is down to $110 – 14% – due to stock downgrades by Morgan Stanely and RBC. [...]

By: GeorgeP

GeorgeP — Mon, 29 Sep 2008 20:04:15 +0000

Regardless what analysts say, the fundamental fact is that consumer discretionary spending is decreasing. Apple products are discretionary goods, I have an iPhone and love it – but in the coming year people will think twice before laying down the money for an iPod or iPhone. Analysts are people and people have opinions – as Charles Barkely once said – “opinions are like ____ everyone has one, and they stink”.

Mark my words, even if you don’t want to believe it, the spending that occurred for the last 10 years is gone, at least for the next 2. Company’s like Lululemon, Apple, etc. will continue to get hit hard, along with the whole market.

By: Mike G

Mike G — Mon, 29 Sep 2008 19:43:32 +0000

This is down right STOCK SLANDER! I can’t believe these guys would say this when the last quarter results were through the roof. They always have been. These dumb ANALyst THINK people aren’t buying stuff? Where is there proof that people “aren’t buying stuff” Apple’s quarterly financial results haven’t come out yet. Why are people taking these guys opinions as gold? It’s like bringing an umbrella when the weather man says it’s going to rain today, but there’s no clouds in sight. Besides, did u see how much they downgraded the stock? Not much.

Way to go everyone. Stop panicking. The sky is not falling.

By: Alex Linhares

Alex Linhares — Mon, 29 Sep 2008 19:28:47 +0000

“But the sub-$1,000 laptop market is not a place for Apple to play.”

“this minor correction is nothing to worry about. Unless, of course, you’re a Wall Street Analyst.”

Apple has no option other than getting into sub1000s. And this is not a minor correction. America is in very deep trouble. Sad to say, History will prove you wrong, my friend.

By: Ben

Ben — Mon, 29 Sep 2008 19:25:15 +0000

But why does the comment counter always show double the real number?

By: John Biggs

John Biggs — Mon, 29 Sep 2008 19:22:31 +0000

glad you saw that.

By: tim

tim — Mon, 29 Sep 2008 18:46:58 +0000

love the TPIR reference in the graphic :)

By: TechCrunch Japanese アーカイブ » 消費鈍化と金融恐慌でアップル株14%ダウン

TechCrunch Japanese アーカイブ » 消費鈍化と金融恐慌でアップル株14%ダウン — Mon, 29 Sep 2008 18:42:13 +0000

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By: AAPL Falls On Reports of Slowed Consumer Spending

AAPL Falls On Reports of Slowed Consumer Spending — Mon, 29 Sep 2008 17:55:43 +0000

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