Apple Suffers Largest Share Price Decrease in Four Years

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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  • 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)
    38
  • 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
    29
  • 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
    16
  • Other Comments
  • 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..
    15
  • 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)
    38
  • 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.
    -15