Apple Suffers Largest Share Price Decrease in Four Years

News
By Zak Islam
published

APPL stock value has been decreasing for weeks.

Apple has suffered its largest share price drop in four years, with the company having experienced a constant decline in stock prices since the iPad Mini and iPad 4's launch.

Share prices of the world's richest company was hit by the biggest single-day loss since December 17, 2008, due to a decrease of 6 percent. Consequently, the technology giant has lost $35 billion of its market value.

Research firm IDC had predicted that Android-powered tablets will have a market share of 42.7 percent by the end of the year, an increase from 39.8 percent. Subsequently, Apple's iPad share has decreased due to the emergence of devices based on Google's platform. Android has also considerably decreased iPhone's market share on a global scale.

Apple shares have previously seen a drop of around 18 percent from a record-high of $705.07 in September. However, American multinational financial services firm Citigroup recently stressed that the decline won't continue for much longer.

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Zak Islam
42 Comments Comment from the forums
  • hate machine
    In other news!

    http://www.valuewalk.com/2012/12/apple-inc-aapl-launch-turnout-for-ipad-mini-in-china-is-rotten/

    I find it funny that this guy is blaming it on the reservation system. I also find it funny that he states the chinese customer is not interested in a smaller ipad because they already own the full sized one. Your average chinese family simply cannot afford a full sized iPad... they got for the cheapo 50-70 USD android tablets that dominate the market there from iView and similar companies..
    Reply
  • g00fysmiley
    it's like star wars.. the clarity of good rebellion (android) vs evil empire (apple).. the empire throws its might around (sues everybody) and forces them into restrictive laws (devices) then the good guys show up bringing freedom (open soarce) and more options to the galaxy (market)

    hope people keep turning from the dark side

    (why yes i beleive this is my nerdiest to date)
    Reply
  • vkg1
    If only android had invented the iPad and iPhone before Apple, then we wouldn't have had to go through the hell of them being so-so successful for a couple years. But anyway, now we've reeled them in. Let's see if they can do this kind of lucky "innovation" (ie evilness) again. Hopefully they have learned their lesson and not continue with the clever ideas/evilness in future.
    Reply
  • guru_urug
    g00fysmileyit's like star wars.. the clarity of good rebellion (android) vs evil empire (apple).. the empire throws its might around (sues everybody) and forces them into restrictive laws (devices) then the good guys show up bringing freedom (open soarce) and more options to the galaxy (market)hope people keep turning from the dark side(why yes i beleive this is my nerdiest to date)
    The force is strong with this one
    Reply
  • friskiest
    Easy get, easy go.

    First its Steve, then innovation and last would be the dear customers.

    The best iPhone is still the first one,. anything after it is rehashed design and hardware.

    Reply
  • The reason was that Apple lost to Nokia on a biggest deal to grab the China market of smartphone. China largest telecom company said that they will go with Nokia flagship 920 instead of paying higher subsidies on the iphone.

    http://www.forbes.com/sites/greatspeculations/2012/12/07/how-nokia-beat-apple-in-china/
    Reply
  • nao1120
    Man, The image picture says it all. Man i love those. Good show!
    Reply
  • j2j663
    friskiestEasy get, easy go. First its Steve, then innovation and last would be the dear customers. The best iPhone is still the first one,. anything after it is rehashed design and hardware.The best iPhone was definitely not the first one, it couldn't even copy and paste!
    Reply
  • kenyee
    They've lost the ability to innovate...everything is a rehash of old stuff...they release hardware that's a year old...and their followers continously upgrade for small changes so they'll always be crazy profitable.
    It's sad really :-P
    Reply
  • becherovka
    g00fysmileyit's like star wars.. the clarity of good rebellion (android) vs evil empire (apple).. the empire throws its might around (sues everybody) and forces them into restrictive laws (devices) then the good guys show up bringing freedom (open soarce) and more options to the galaxy (market)hope people keep turning from the dark side(why yes i beleive this is my nerdiest to date)How about the 2% tax they paid on international profits (others do this too but doesn't make it right)
    Or The holding of billions of dollars without using it. The economy requires turnover of money not static wealth accumulation.
    Or their until recently complete lack of dividends.
    or the CEO Tim / Jobs both being paid $1 a year + shares to avoid tax.
    or Them paying for expert testimony's (again not just them but this is wrong)
    Reply