Comments on: Apple Stock take $10 Billion Dollar Hit after iPhone Price Drop

By: ML

ML — Sat, 08 Sep 2007 02:01:17 +0000

I haven’t touched my stock since Mr. Jobs came back on board of Apple. And in the pasted ten years there have been many valued friends and advisors telling me that this or that year was the time to move the stock. We are just now seeing into the future. RELAX my Apple friends and have some MD 20/20! It’s good for the heart, and the BEST IS YET TO COME!

mlh

By: Apple perde 10 miliardi di dollari dopo l'annuncio del taglio di prezzo iPhone Â« Tech Flakes

Fri, 07 Sep 2007 06:52:33 +0000

[...] Via | Apple Gazette [...]

By: 21blends | Apple Stocks Plummit by $10 Billion Dollars

21blends | Apple Stocks Plummit by $10 Billion Dollars — Fri, 07 Sep 2007 04:20:14 +0000

[...] Apple Gazette posts about it. [...]

By: michael

michael — Thu, 06 Sep 2007 23:43:07 +0000

@ ByrdMan

That is one thing we can agree on.

I’m getting an HD-DVD player specifically for TOS HD.

By: iPod Touch: Mixed Reviews by Elliott C. Back

iPod Touch: Mixed Reviews by Elliott C. Back — Thu, 06 Sep 2007 22:15:04 +0000

[...] stock dropped $7.60 yesterday as the markets tried to digest the fracturing of Apple’s product lines, the massive iPhone [...]

By: ByrdMan

ByrdMan — Thu, 06 Sep 2007 21:58:59 +0000

I almost forgot, TOS rules!
TBM

By: ByrdMan

ByrdMan — Thu, 06 Sep 2007 21:57:57 +0000

Apple stock always does this on “special event days”! All the hype builds and even when they have great things to deliver, there is always a letdown compared to the hype. Hell, it went way up in the days leading up to the “event”. It my get to $175 by the end of the year but that is of little consequence. if they keep going into the consumer electronics area, it will keep going up until Steve leaves or dies.

One of the things that makes Apple such a great technology company (from a consumer and share holder point of view) is that they bring out updates to products that have almost no competition in the market! What other company would replace their whole line of products in a category with new (not just cosmetic) updates when they have a 70% market share? This is one of the reasons we get huge price drops on new technology! (see the iPhone). Apple could completely stop developing iPods for three or four years and they would still have the best players on the market! Yet they don’t! We’ll get a new batch in 12-18 months max!

I may retire early!
TBM

By: Michael

Michael — Thu, 06 Sep 2007 21:26:25 +0000

@Odo

I would have to agree. The most dangerous part of investing in Apple is that a bored blogger can send the stock flying up and down completely by accident. I doubt it will get to $175 before the 4Q earnings are released…but I have a very good feeling those earnings are going to be phenomenal.

Also…DS9 was the best Trek.

By: Constable Odo

Constable Odo — Thu, 06 Sep 2007 21:16:19 +0000

Okay, so Steve is gonna give early iPhone adopters a $100 back. Let’s see if that’s reflected in the stock price in a day or two.

So guys, any predictions on whether Apple will still make a conservative target price of maybe $175 a share this year. Apple’s stock is so darn volatile that I doubt it can gain any footing. Three months is still a long way to go, but every little pimple on Steve’s butt drops the stock back. I’m thinking it won’t get to $175 until after the Christmas holidays.

By: B.

B. — Thu, 06 Sep 2007 20:12:04 +0000

I believe that the cut was needed to open the door for more users of the iPhone. I love mine and have no problem that I spent full price to get it day one but I know many people that could not afford it and now can…

This is the beginning of MANY great things to come from this company, they have always been loyal to their customer and I have no doubt that they will continue this… Their products last and as long as they continue to update the device, I don’t feel cheated.

I do believe that we can expect a 16G within the next four weeks before the holiday…

The Stock will go back up, it is a VERY solid company with an outstanding foundation…

B. / Brooklyn

By: Drew

Drew — Thu, 06 Sep 2007 18:10:57 +0000

The deal about the reduced price per unit could go either way. Yeah, they’re making 33% less per unit. But that simply means that if they sold 1000 iPhones at $600 a piece, they made $600,000. They have to sell 1500 iPhones to recoup that difference. I don’t think they’ll have any problem increasing sales by 50% after this cut…in fact, I wouldn’t be surprised to see sales jump up 2x.

I think the biggest factor is customer backlash.