Apple's shares hit 52 week low, Google's hit an all-time high
0. phoneArena 04 Mar 2013, 13:32 posted on
Two ships passing each other in the dark, the S.S. Apple heading South and the S.S. Google heading North; Apple's shares have hit a 52 week-low on Monday thanks to the decision by Judge Koh to cut the damages awarded to Apple in last year's epic patent battle with Samsung; meanwhile, Google's shares have hit an all-time high...
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1. Droiddoes (unregistered)
How do you like them apples! Burn baby burn!
14. Droid_X_Doug (Posts: 5596; Member since: 22 Dec 2010)
It would seem that Apple's time has gone. Not even leaking about an iWatch is helping them. There are beginning to be similarities with RIM appearing - chief of which is the arrogance about how they know what the consumer wants better than the consumer does.
Newton (what goes up must come down, and what-not) had it right on so many levels....
15. UrbanPhantom (Posts: 949; Member since: 30 Oct 2012)
Don't kid yourself: Apple still has enough reserve money to buy Google, MSFT, and a few other tech companies as well. They'll be back at it soon enough, and there will be new patent wars as well. Android OEM's are extremely vulnerable, and one minor court victory for Samsung reducing damage costs won't save the rest of the bunch from being mauled individually...
There is room on the block for everybody, if seeing the level of animosity between fans of the different OS's, I can only assume there will be some bitter conflicts between these companies in the days ahead. May the best man - I mean OS - triumph.
17. Droiddoes (unregistered)
"There is room on the block for everybody"
Not according to apple, which is why they suck ass.
42. UrbanPhantom (Posts: 949; Member since: 30 Oct 2012)
War and business are the same thing, and Apple is doing what they need to do, by suing other vendors that copy and steal their technology. You may praise Samsung for the quality of their products, but they were found guilty for having stolen Apple's designs and/or intellectual property.
Desire for innovation not-with-standing, the patent wars are about having to compete in a tight market space. I'm willing to bet that you haven't seen the last of those icky lawsuits ;o)
66. joey_sfb (Posts: 2733; Member since: 29 Mar 2012)
I love my apple crumble while I surf the Web with my Android device of the moment.
19. XPERIA-KNIGHT (Posts: 2384; Member since: 08 Aug 2012)
Just cuz you have enough money to buy somthing or someone doesnt mean that company will allow you to buy them!
Thats the essence of pride my friend.....apple may have more money but just buying google off is hilarious to think of:
23. Droiddoes (unregistered)
Exactly. WTF backards country does he live in where someone can just go "Hey here's a bunch of money. I own your s*** now."
37. Hemlocke (unregistered)
Perhaps you don't understand publicly traded companies?
71. willard12 (Posts: 733; Member since: 04 Jul 2012)
Perhaps you don't understand ant-trust laws or the fact that a few billion is going to buy google.
27. nofear (Posts: 149; Member since: 22 Jun 2012)
How the hell is in the world that people sell a company when it's doing good.
36. PhoneArenaUser (Posts: 5468; Member since: 05 Aug 2011)
"Apple still has enough reserve money to buy Google"
Since you claim that Apple has enough money to purchase Google I'm curious to ask you a few questions:
1) Could you tell us how much cost Google?
2) Could you name us maximum financial limit which Apple as a company can allow for commercial operations?
3) Do you already know verdict of antitrust authorities?
46. UrbanPhantom (Posts: 949; Member since: 30 Oct 2012)
Of course Apple won't buy Google; they'll go after the weaker Android OEM's, and so will Microsoft for that matter. Why kill the big fish, when you can obliterate their feeding grounds instead?
There are plenty of Android OEM's that are already paying huge licensing fees, and additional lawsuits can be brought forth, starving their already meager profit ratios. I'm not saying that I am rooting for one company to emerge as the sole dominant player, but if you think Google is safe, guess again ;o)
49. PhoneArenaUser (Posts: 5468; Member since: 05 Aug 2011)
"Why kill the big fish, when you can obliterate their feeding grounds instead?"
So you think that Google is a fish and Apple is a fisherman? I would say you have interesting logic because looking at Apple's shares and various other statistics, we can clearly see that fish is eating a fisherman.
59. _PHug_ (Posts: 380; Member since: 11 Oct 2011)
Wait... so you're hoping for lawsuits to bring Apple back, not their products?
67. joey_sfb (Posts: 2733; Member since: 29 Mar 2012)
Disgusted with hard core apple fan. They would support Apple making a come back via law suit not the quality of the product which is very little to begin with.
70. PhoenixWright (Posts: 99; Member since: 11 Feb 2013)
Android and Windows wont sell their OS for Apple. Plus Apple has too much pride in its company to even buy those. the only thing Apple can do is a revamp and total makeover with additional innovations which I foresee will only come when Apple is nearing bankruptcy.
78. SuperNexus (Posts: 113; Member since: 18 Jan 2013)
Grow up kid
its not about apple money, its about investors money ......
24. Mxyzptlk (Posts: 3307; Member since: 21 Apr 2012)
So many gullible people in this article. Apple is doing very well. The iPhone continues to dominate.
28. ama3654 (Posts: 249; Member since: 27 Nov 2012)
Yeah you wish, who wants an icon board to play with?
29. PhoneArenaUser (Posts: 5468; Member since: 05 Aug 2011)
Sound like a desperate trolling. :D
33. PapaSmurf (Posts: 7690; Member since: 14 May 2012)
Mxyzptlk, did you not read the article at all? Apple's stock fell 40% since the launch of the iPhone 5 release. Based on your logic, they're doing well. This just shows how biased and narrow minded you are in tech.
35. Sniggly (Posts: 6766; Member since: 05 Dec 2009)
Their sales are going well. However, their stock is sinking.
This is a case of rats jumping ship because they think it's sinking.
56. QWIKSTRIKE (Posts: 836; Member since: 09 Mar 2010)
Better read the stock reports. They are cutting orders every where. For the 1st time since they launched in Europe that they are not the lead phone being sold. In Asia, their sales are also declining. Analyst are not dumb, just unrealistic sheep's and pigs stay the course and hope for a come back.
I remember when Citi said to buy, and I can tell you then that they were selling. When a top performing "widget" cuts its orders and sales decline in areas when they were leading, analyst sell to people like you hoping for a rebound!
Then when the stock hits bottom they repurchase them if the data shows it is worthy! This is not meant to take away from what Apple has done in the game, but the MS Surface Pro, and ohter devices are now eating away at Apples weathered technology. They need to build a new mouse trap, and lead with innovation. However; I feel they will find that watch unable to make things happen unless it is so revolutionary that people have to have it.
I see the new Google Glass as something that is very revolutionary cutting edge at this point.
Apple has some what lost it's "mojo".
I am hoping they come up with something, because the iPhone made other companies like MS step up to the plate finally!
38. lauremar (Posts: 181; Member since: 29 Feb 2012)
Myxzptlk, you're on denial... Apple is spiraling down, way down, and you're hanging on its coat tails and going down with it... Hopeless!
65. lyndon420 (Posts: 1712; Member since: 11 Jul 2012)
It's actually an old superman villian that it's using.
54. Droiddoes (unregistered)
44. QWIKSTRIKE (Posts: 836; Member since: 09 Mar 2010)
There goes my pivot, Fibs, and Elliot wave prediction coming to bare. Guess it's more than a guess and luck. The next true support is in the 300's. Eating popcorn. and waiting for the next play.
61. jroc74 (Posts: 4720; Member since: 30 Dec 2010)
This is gonna be an interesting comment section...
Good job Google. Apple....hang in there....
3. drnggaj33 (Posts: 127; Member since: 29 Feb 2012)
the reason why is google not computer company ..they do a little bit of everything so they're not stuck in one catagory a other word for it OPEN minded ...apple doesnt do none of that
26. alps0975 (Posts: 3; Member since: 04 Mar 2013)
This happening to AAPL becuase they became greedy. All profit is mine vs google which believes in sharing everything and making more money
62. jroc74 (Posts: 4720; Member since: 30 Dec 2010)
What makes all this wild...is Apple being a straight tech company...they should be dominating Google. But they arent.
Google doesnt do any hardware at all. Everything Google does is software. Before anyone mentions the Nexus devices...they are made by an OEM. HTC, Samsung, LG, Motorola (Xoom wasnt technically a Nexus device...but it was)
Google buying Motorola might change that. Even then...it would only be phones and tablets. I think Google sold off the cable box division/dept. IMO that was crazy....they have Google TV.
Ahh...forgot about Google Glass. Who makes the Chrome Books?
4. rusticguy (Posts: 2826; Member since: 11 Aug 2012)
$275 is correct value to hit so still to lose another $150 ... watch will help lose 50-75 maybe :)
6. protozeloz (Posts: 5371; Member since: 16 Sep 2010)
Don't know, with pebble, rumors of Android powered devices and Google glass I don't see how the iwatch could be more than just an iPod mini
12. Zero0 (Posts: 583; Member since: 05 Jul 2012)
$275 can't be right. That would be a company valuation of $260 billion. Apple has at least $130 billion in cash. They also have really valuable trademarks ("Apple" is huge, as well as "iPhone," etc.). Their assets alone are worth a ton.
I think Apple's within a few dollars of a fair stock price. Granted, I'm not an investor, but let's be fair here. They're a company with plenty of gas in the tank as far as profit is concerned (even if the future isn't quite as bright as it was 6 months ago), and there are powerful assets behind them.
5. nikenturd (unregistered)
I don't like bullies. They need to go out of business
13. tedkord (Posts: 4489; Member since: 17 Jun 2009)
No, they just need maturity and humility. Most bullies eventually become normal people.
47. lyndon420 (Posts: 1712; Member since: 11 Jul 2012)
Yeah...once karma kicks in and gives the bully a thumping of his life. Maybe that day will come soon...hopefully.
75. TROLLING (banned) (Posts: 13; Member since: 28 Feb 2013)
I'm hoping wishing praying GOD help us, tumble this bad fruit..
7. andro. (Posts: 1936; Member since: 16 Sep 2011)
Apples rot,green robots can get continually upgraded
I said it before outside the US the iPhone is being continually outsold. I've seen the galaxy s3 outselling it 3:1 at times never mind all the other top androids
8. gallitoking (Posts: 4684; Member since: 17 May 2011)
is cool thats how the stock works.. Google will eventually go down and Apple will go up.. is the stock market people chill
18. Droiddoes (unregistered)
Yes, let's take stock advice from a barely literate troll.
39. PhoneArenaUser (Posts: 5468; Member since: 05 Aug 2011)
"Google will eventually go down and Apple will go up."
And what if eventually Google go even more up instead of going down?
81. jroc74 (Posts: 4720; Member since: 30 Dec 2010)
Sometimes...a company can go all the way down...and never recover. Google could stay even. Or like someone mentioned...Google could go up even more.
What goes up...must come down...so I agree with what you are saying.
When, if and who it happens to...remains to be seen.
57. Droiddoes (unregistered)
Don't worry they are coming out with the ipod wrist, I mean iWatch (real original and creative guys) and it WILL CHANGE EVERYTHING!
10. Reluctant_Human (Posts: 847; Member since: 28 Jun 2012)
This is stock brockers and analysts driving the price down so they can cash in when it goes up. Still nice to see Apple sweat a little though.
20. drnggaj33 (Posts: 127; Member since: 29 Feb 2012)
the highest apple will go is maybe 550 or 600 but thats pushing it when there new stuff comes out but they're not gonna hit 800 again anytime soon im calling it now
40. ZeroCide (Posts: 683; Member since: 09 Jan 2013)
It never hit 800 in the first place so its definately not gonna do it again.