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This message was self-deleted by its author (onehandle) on Mon Dec 17, 2012, 01:56 PM. When the original post in a discussion thread is self-deleted, the entire discussion thread is automatically locked so new replies cannot be posted.
Marr
(20,317 posts)I think Apple is going to begin a downturn in the next year or two. A lot of their recent decisions have been moronic and will have very negative effects in the long term. I think Android's going to spank them in the smart phone/data market for a whole list of reasons, and they're essentially abandoning the creative professional (the market that kept them afloat in the rough years) with their new hardware lineup.
OhioChick
(23,218 posts)Nov 16 2012, 8:35pm EST
On Friday Apples stock price closed at $527.68 per share, the lowest its been in six months. Since September, the company has lost about 25 percent of its value from its peak of $702 per share. So whats gone wrong?
Analysts say that Apple has had a string of misfortunes lately, ranging from missed earnings estimates, management shakeups, missteps on mapping software, supply chain problems, and increased pressure from competitors.
"I think its the perfect storm for Apple," Van Baker, an analyst with Gartner Research, told Ars. "Theres a combination of a lot of things, and add to that, people are starting to think that Apple won't bring out something thats truly innovative every few years."
http://arstechnica.com/apple/2012/11/apples-stock-price-falls-to-lowest-point-in-six-months/
onehandle
(51,122 posts)former9thward
(33,424 posts)It presented a great buying opportunity.
HappyMe
(20,277 posts)I wouldn't buy any.
cbdo2007
(9,213 posts)whether it's now, or 5 years from now, it can't go up forever. All stocks, no matter how mighty (particularly tech stocks) eventually fall.
I personally think the time to buy apple was about 2 years ago or prior. It's a pretty "safe" stock I guess, but there are much bigger % opportunities out there.
onehandle
(51,122 posts)I'll be waiting right here.
cbdo2007
(9,213 posts)You should probably stick to ETFs.
dawg
(10,777 posts)At some point, Apple products are going to reach their natural limit - the point where everyone who wants and can afford them, has them. Even so, the company still looks like a good long-term investment.
I never put more than 20% of my investment portfolio into any one stock. Doing so is just asking to lose it all, no matter how *safe* you think the bet might be.
cbdo2007
(9,213 posts)See what a few weeks of waiting will do.
cbdo2007
(9,213 posts)I'm confused