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Apple Shares Dip Nearly 10% Ahead of iPad Mini Reveal

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October 10, 2012 12:03:47 AM

Meh
Score
23
October 10, 2012 12:10:27 AM

4S & 5 proved to be underwhelming. Perhaps the Apple day was over the day Steve passed away.
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30
October 10, 2012 12:19:49 AM

Apple even outdid Enron's $90 share price...
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7
Anonymous
October 10, 2012 12:25:51 AM

Too bad it wasn't nearly 100%

What an overvalued piece of crap company.
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21
October 10, 2012 12:27:17 AM

wlachan4S & 5 proved to be underwhelming. Perhaps the Apple day was over the day Steve passed away.


The iPhone 5 was Steve's project. I love the phone, but Apple messed up with the release of Maps and Passbook. I didn't actually mind Maps at all when it came out, but it should have little flaws. Passbook should have supported Starbucks upon release. I'd agree they're making a few poor decisions, but I think the criticism their receiving, they'll be able to avoid these disasters in the future. I was shocked when I witnessed the Retina Macbook Pro, it was a sign of traditional Apple innovation. It's still there, Apple just needs to focus on what makes them the most successful tech company.
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-3
October 10, 2012 12:28:02 AM

Apple is clever...

this will be a guaranteed sell to those iSheep out there who just have to have one of each apple gadget. right now iSheep everywhere are furiously brainstorming for reasons why they absolutely need this new piece of iGadgetry as they desperately yearn for their next iGasm

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13
October 10, 2012 12:55:46 AM

I'm not sure if the share price drop is due to the iPad mini or to the "lack" of supply of iPhone 5s.
Score
10
October 10, 2012 1:08:59 AM

Sorry haters, it's only temporary. It dropped after the iPad 3 came out and also dropped after my daughters birthday party.

What matters is where it will be at the end of the year after what will surely be a monster holiday quarter.
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-2
October 10, 2012 1:31:03 AM

Hmm, this is ppl prolly short-selling it to drive prices down before the next launch = guaranteed profit for them, since they know that come hell or high water, people will buy anything apple releases, and their stock is guaranteed to go up again.
Score
2
October 10, 2012 1:52:57 AM

luciferanohttps://www.etrade.wallst.com/v1/st [...] mbol=BRK.A$133,880.000 per share right now. Several hundred isn't record breaking, to say the least.


A picture would be nice. I don't feel a need to create an account to see what you linked to.
Score
9
October 10, 2012 1:57:30 AM

Na it is just George Soros dumping his stock like all the rest of the million and billionaires while getting out of American companies. Market is going to at some point will take a huge dive and will never fully recover. Get out of all stocks and bonds. Gold and silver is no safe haven.
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-1
October 10, 2012 2:05:23 AM

I am not a financial expert but if iPad mini fail whether the stock will still sink or will it slightly recover?
Score
0
October 10, 2012 2:46:30 AM

alexthagerThe iPhone 5 was Steve's project. I love the phone, but Apple messed up with the release of Maps and Passbook. I didn't actually mind Maps at all when it came out, but it should have little flaws. Passbook should have supported Starbucks upon release. I'd agree they're making a few poor decisions, but I think the criticism their receiving, they'll be able to avoid these disasters in the future. I was shocked when I witnessed the Retina Macbook Pro, it was a sign of traditional Apple innovation. It's still there, Apple just needs to focus on what makes them the most successful tech company.
the real prob is the complete ban of google map app, and there is no downgrade option for user to still want the google map app back.

if u a dumb family member clicked update ios6 for ur ipad, u cant get back to ios5, and u want that map there is noway around it.
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1
October 10, 2012 4:50:30 AM



otacon72 said:
Just like Android fan boys who buy one of the 1,000 different Android tablets out there. At least Apple products hold their value and are supported for more than 3-4 months.


Most Android tablets are still supported. We just had a wave of updates going to Android tablets a few days or weeks ago. Even without constant updates, they still hold value. Besides, it's not like updating to iOS 6 can be counted as supporting for many people who use Maps. That's kinda the opposite of supporting and even worse than simply not supporting.
Score
3
October 10, 2012 7:36:02 AM

I work for a consumer electronics retailer, from my personal experience people don't buy Android tablets because they may be a little cheaper. The majority of people who buy Android tablets buy them because they want a device that's either more productive or customisable than an iPad.

On the other hand, I've found that people who buy iPad's are people that could either be passed off as your usual "iSheep" or otherwise people who specifically need an iPad because they plan to use it at school or work where a system has specifically been designed to work with iOS.

I can't see the release of the iPad Mini affecting sales of other devices much (apart from the first few weeks where all the devoted iSheep rush out and buy 50 of course)
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1
October 10, 2012 7:40:19 AM

So basically it's going to be a day late to the party Amazon and Google already started. Way to be innovative, Apple.
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4
October 10, 2012 8:14:22 AM

I never really liked apple, but at least before the whole pattent war i had some respect for the company.
After all theyve done, im not surprised this happened.
Score
4
October 10, 2012 8:30:55 AM

Cats_PawI never really liked apple, but at least before the whole pattent war i had some respect for the company.After all theyve done, im not surprised this happened.


Unfortunately, I don't think that it'll stay below $700 per share for too long.
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3
October 10, 2012 12:20:46 PM

Judge: "That's what you get for not picking the Apple!"
tinyurl.com/8qpwdwd
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0
October 10, 2012 1:12:01 PM

luciferanoUnfortunately, I don't think that it'll stay below $700 per share for too long.

Unfortunately?! Apple so far is single-handedly powering my retirement, after my stocks in Ford Motor basically crashed 5 or so years back. Buying Apple's stock back in 1995 was the single best investment I've made in my entire life.

The irony of it all is I don't own any Apple products. I use Apple products daily at work, but haven't bought any Apple products since the Apple IIe back in the day.

Anyway, I'm sure the stock will rise again, assuming of course the price-point isn't set too high. Around the $299-$359 mark is what I'm expecting.
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-1
October 10, 2012 1:28:30 PM

otacon72Just like Android fan boys who buy one of the 1,000 different Android tablets out there. At least Apple products hold their value and are supported for more than 3-4 months.[/citation]
As an android user, there are obvious down-sides to the hardware-open stance android has. If you think tablets aren't supported for 3-4 months, then you've clearly never owned an android tablet, or if you did, you never ticked the little "check for update" button to get an OTA update.

But on the other hand, with mobile hardware refreshing and revamping so quickly, what sense does it make to stagnate progress on mobile tech that is 1-2 years old just to maintain a closed and controlled platform? At least, if the goal is to advance technology rather than control profits.
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0
October 10, 2012 1:46:52 PM

Bloated stock. Overpriced. Overhyped.
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-1
October 10, 2012 2:05:20 PM

luciferanohttps://www.etrade.wallst.com/v1/st [...] mbol=BRK.A$133,880.000 per share right now. Several hundred isn't record breaking, to say the least.


Haha, bringing out the Berkshire Hathaway :D 

This seems like such a waste. It's not even a 7 inch screen its a 7.8 so why would you buy it? (not that I'd buy a 7 inch either). I think the "isheep" comment is spot-on, people who just need to have every apple product will be the takers and maybe a few that wanted an iPad at a lesser price (if it is).
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1
October 10, 2012 2:25:20 PM

Bunch of armchair economists and financial analysts up in here.
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2
October 10, 2012 2:45:02 PM

nforce4maxNa it is just George Soros dumping his stock like all the rest of the million and billionaires while getting out of American companies. Market is going to at some point will take a huge dive and will never fully recover. Get out of all stocks and bonds. Gold and silver is no safe haven.


Gold and silver isn't safe enough.... invest in Guns and Ammo?
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-1
October 10, 2012 3:31:54 PM

hate machineBunch of armchair economists and financial analysts up in here.


I am a Financial Analyst! :) 
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2
October 10, 2012 3:53:42 PM

Just investors making money. Buy before iPhone then sell, buy before iPad mini then sell. Easy money. Of course the iHaters will say its because Apple sucks...lol.
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0
October 10, 2012 3:54:31 PM

Dan McCollisterToo bad it wasn't nearly 100%What an overvalued piece of crap company.


Spoken like a true anti-US consumer electronics iHater.
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-2
October 10, 2012 5:34:32 PM

*shang tsung* IT HAS BEGUN!!!! (the decline of apple)
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0
October 10, 2012 10:49:59 PM

robochumpSpoken like a true anti-US consumer electronics iHater.


Samsung is more of an American company then Apple.
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2
October 11, 2012 1:10:11 AM

Kind of surprised to see stocks drop so much ahead of what may become the final death knell for Android tablets.
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-2
October 11, 2012 3:38:25 AM

eddieroolzKind of surprised to see stocks drop so much ahead of what may become the final death knell for Android tablets.


That doesn't make sense. It doesn't matter if this new iPad is perfect, it wouldn't kill off the Android tablet market. It most certainly wouldn't stop Android companies from making new models in an attempt to top it and the chances of no one managing to do that are small.
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1
October 11, 2012 9:18:47 AM

eddieroolzKind of surprised to see stocks drop so much ahead of what may become the final death knell for Android tablets.

Trolling this morning I see. The latest Android tablets with ICS and JellyBean are quite good...great in fact. I like iOS devices but in the case of the iPad Mini it is apple that is trying to keep up. That seems obvious to me. My how things change.
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1
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