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Apple shares plunge on poor Chinese Apple iPhone 5 reception

0. phoneArena 14 Dec 2012, 11:46 posted on

Shares of Apple are once again approaching the magical price of $500, although this time it is on the downside as poor reception in China to the launch there of the Apple iPhone 5 has investor dumping the stock; in China, the lack of long lines for the latest version of Apple's iconic smartphone was a clear sign that something was different this time...

This is a discussion for a news. To read the whole news, click here

posted on 14 Dec 2012, 12:32 9

16. metoyou (Posts: 279; Member since: 19 Oct 2011)


It's about time that USA need to smart up

posted on 15 Dec 2012, 10:48 1

64. synot (Posts: 277; Member since: 14 Sep 2012)


American are too hyped and try to live above their wages ,imagine someone buying an iphone for over eight hundred dollars while working less than that per week just to say they have an iphone .no wonder america owes so much money to china .

posted on 14 Dec 2012, 12:52 7

20. dc0321 (Posts: 24; Member since: 21 Nov 2012)


lol....it didnt take long for the chinese to wake up

posted on 14 Dec 2012, 15:58

39. noim1 (Posts: 297; Member since: 15 May 2012)


I think they have all got their S3's , One X's, Nexus's etc and sitting at home and reading this article and laughing...

posted on 14 Dec 2012, 11:58 5

6. sprockkets (Posts: 1611; Member since: 16 Jan 2012)


Either the people there started using their brains or they ran out of spare kidneys :)

posted on 14 Dec 2012, 12:02 11

8. gazmatic (Posts: 795; Member since: 06 Sep 2012)


$500 is too high... it should be $5

posted on 14 Dec 2012, 12:14

9. Tsepz_GP (Posts: 992; Member since: 12 Apr 2012)


Was the iPhone5 being sold online in China? Could be a matter of people pre-ordering and buying online.
Im going to wait for Monday's weekend sales report before i say anything.

posted on 15 Dec 2012, 10:57

65. synot (Posts: 277; Member since: 14 Sep 2012)


You dont have to wait until monday ,Chinese dont waste their money like americans , china isnt called cheap market for nothing ,i can tell u that no one is buying online because thats the reason that they make cheaper versions of popular phones for their people to buy at less than half the price

posted on 14 Dec 2012, 12:15 11

10. amiaq (Posts: 509; Member since: 30 Jun 2012)


Ha ha ha no other single device is an "iphone killer", iphone just has to kill itself.

posted on 14 Dec 2012, 12:20 9

12. MeoCao (unregistered)


Haha no, iPhone was killed by a gang of Androids.

And Google is the godfather

posted on 14 Dec 2012, 20:49 2

51. networkdood (Posts: 6330; Member since: 31 Mar 2010)


I'm gonna make youse a map that you can't refuse!!

posted on 14 Dec 2012, 22:47

55. MeoCao (unregistered)


LOL that is violent man

posted on 14 Dec 2012, 12:30 4

14. sats.mine2k4 (banned) (Posts: 208; Member since: 10 Aug 2012)


Intelligent people... People in the US need to learn from them...

posted on 14 Dec 2012, 12:30 6

15. infinitemethod (Posts: 150; Member since: 04 Sep 2012)


I am really enjoying watching the stock plummet just like I thought it would. You can't have 4 of the exact same product, just making it bigger or smaller for 7 straight years. I am not sure if people are actually starting to catch onto this or they really don't like their products anymore.

I am looking forward to the iPhone 5S launch and them telling everyone how much more "PHENOMENAL" it is over the 5. iFAIL!

posted on 14 Dec 2012, 13:00 3

23. devildlm1 (Posts: 71; Member since: 12 Sep 2012)


Apple simply just can't get away with the high price anymore. Unsubsidized, there are 10+ alternatives that do more and cost less. When the iPhone 4s came out and people were going crazy over it, Google was just getting out of its tarnished Android reputation so it was 50/50 and many saw the iPhone price as justified. Now that Google and the manufacturers stepped their game up, going with Android or even Windows is a no brainer.

posted on 14 Dec 2012, 13:08

24. Martine (Posts: 102; Member since: 20 Oct 2011)


Why do tech sites like PhoneArena always post multiple news per week about Apple Stock?

posted on 14 Dec 2012, 15:31

38. Droid_X_Doug (Posts: 5993; Member since: 22 Dec 2010)


It is a good way to stimulate the eyeball count metric?

posted on 14 Dec 2012, 13:10 3

25. maxican16 (Posts: 364; Member since: 29 Sep 2011)


So this is what happens when you don't have a bunch of lemmings blindly loyal to you. People actually use COMMON SENSE and assess the phone for it's FEATURES and VALUE...... both of which the iphone lack.

posted on 14 Dec 2012, 13:28 4

27. manlapazj (Posts: 3; Member since: 06 Dec 2012)


i agree. no innovation. no bright spots. the new "feel" or "build" of the iphone seems
plasticky for me.. just saying.

posted on 14 Dec 2012, 13:28 6

28. molanjames (banned) (Posts: 80; Member since: 11 Oct 2012)


Apple thinks Chinese people are stupid.. Trying to sell the same darn thing for the past five years is a direct insult

posted on 14 Dec 2012, 13:29 2

29. freebee269 (Posts: 539; Member since: 10 Aug 2012)


lumia 920T went on sale this week along with the iphone 5 and will outsell the iphone 5. just on the basic fact that the lumia 920T works on more carriers than iphone 5 (meaning you can keep your number) and has better specs.

posted on 14 Dec 2012, 13:32 2

30. 12Danny123 (Posts: 87; Member since: 18 Aug 2012)


Go WP and Android. Apple needs to go down!

posted on 14 Dec 2012, 13:53 2

32. nyamo (Posts: 274; Member since: 19 Mar 2011)


I'm amazed with China where brand names mean everything apple failed. That or pricing is way to high for most people to afford

posted on 14 Dec 2012, 14:34

34. McLTE (Posts: 874; Member since: 18 Oct 2011)


is a 3% stock drop really a plunge PA? My god you guys take news stories and completely BLOW the headline out of proportion..

Today we have 3% stock plunging.. and having sex more than once a week makes you an addict.

As for this article.. things don't seem to bode well for Apple. At some point here in the US people will also wake up and the magical marketing enema that apple has up so many people's a$$e$ will be removed and things will continue to slide.

can Apple afford another 4-4s micro update? They need some significant changes.. NOW.

posted on 14 Dec 2012, 14:55

35. Droid_X_Doug (Posts: 5993; Member since: 22 Dec 2010)


"...and having sex more than once a week makes you an addict."

What is the matter with having sex more than once a week? By that metric, there must be a whole bunch of sex addicts.

posted on 14 Dec 2012, 15:17 1

36. Sniggly (Posts: 7305; Member since: 05 Dec 2009)


It's because the Chinese had all their resellers in Best Buy buying all the iPhone 5s they wanted back when it launched here in the US. It was so bad that we had to issue a company wide policy to not sell more than one iPhone 5 per customer unless it was being activated.

posted on 14 Dec 2012, 15:29

37. Droid_X_Doug (Posts: 5993; Member since: 22 Dec 2010)


Nothing like market saturation.... Cool will sell only so many. And that point may have been reached in China.

posted on 14 Dec 2012, 16:08

40. amiaq (Posts: 509; Member since: 30 Jun 2012)


Looking for Apple iPhone killer device? Introducing..... iPhone 5!

posted on 14 Dec 2012, 17:23 5

43. someones4 (Posts: 625; Member since: 16 Sep 2012)


China has plenty of good phones like the oppo find 5 and zte nubia. Why settle for less?

posted on 14 Dec 2012, 18:22

45. roscuthiii (Posts: 2226; Member since: 18 Jul 2010)


I guess iPhone popularity was a fad like that of New Kids on The Block:

"The right stuff
The right stuff
First time was a great time
Second time was a blast
Third time I fell in love
Now I hope it lasts"

I wonder where the lyrics go for the 4th time and beyond...

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