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Apple shares plunge on poor Chinese Apple iPhone 5 reception

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

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, 11:53 29

1. lolioslol (banned) (Posts: 182; Member since: 10 Dec 2012)

LOL. Gee, they get to make the thing slaving in a factory for like 13 cents a day and you're telling me they AREN'T lining up in droves to buy it? Mind=BLOWN

posted on 14 Dec 2012, 11:59 16

7. wp8forever (unregistered)

They will be back to be , what the used to 7 years ago , NOTHING I WISH I DROPS -50 DOLLARS hate apple with a passion ,just taking money away from stupid ppl , selling them the same crap over and over gain .

posted on 14 Dec 2012, 12:27 22

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

Guess what !!!! the next iPhone 5S will have NFC !!!! OMG !!! Revolutionary !!!! Extraordinary !!

Now ppl line up in front of the the Fruit shop and give ur Money & take ur latest iPhone 5S (which has the same design , same screen , same specs ,but look now it has NFC )...

posted on 14 Dec 2012, 22:30 4

53. rusticguy (Posts: 2828; Member since: 11 Aug 2012)

And in 7 colors if the colors that they launch could be patented so that they could also escape the "it's so obvious" clause. Else they stay black and white till others have co nclusively established which colors sell.

posted on 15 Dec 2012, 09:31 2

62. Nathan_ingx (Posts: 4321; Member since: 07 Mar 2012)

Come to think of it, the Chinese are more intelligent in speaking their mind about the phone they want.
Unlike 'most' Americans (pardon moi) that goes gaga over iPhone.
And i thought Apple was checking the network compatibility a few weeks back??

posted on 15 Dec 2012, 02:08 1

56. PhenomFaz (Posts: 1236; Member since: 26 Sep 2012)

I am grabbin popcorn...this is gettin good :)

posted on 14 Dec 2012, 17:07 5

42. jmoita2 (Posts: 930; Member since: 23 Dec 2011)

I know, about time this fad fades out. How many times can you rename then "launch" the same exact product???
Drop, Apple, drop!!!

posted on 15 Dec 2012, 07:11 1

61. JeffdaBeat (unregistered)

I'm confused...

Apple hasn't had lines here in the US because they started doing a better online system. People balked saying that Apple was losing its touch. Come to find out Apple did a better job with their online reservations and had still made record sales.

So then you have China...where people were pissed because Apple ran out of iPhones. So Apple improves reservation system, not only to stop everyone from being so physically angry at the lack of product, but to stop scalpers...yet people still balk saying Apple isn't selling as well.

I'm interested in seeing the discussion when Apple actually releases their sales numbers. Here's a story that outlines it a bit...


posted on 15 Dec 2012, 18:11

70. quakan (Posts: 1398; Member since: 02 Mar 2011)

You're one of the most level headed commenters on this site in my opinion. Usually when I see your name I always read your comments in full entirety just because you always have something interesting to share and you arguments/replies to people are always well written.


posted on 16 Dec 2012, 07:36

75. jroc74 (Posts: 6019; Member since: 30 Dec 2010)

Just like when the iPhone first came to Verizon, smaller lines meant a better online and pre order system than AT&T.

posted on 14 Dec 2012, 12:45 6

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

Where is Mxy and the rest of the Apple defenders? Bad news for Android and they are crowing about it.

posted on 14 Dec 2012, 12:57 1

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

BETTER CALL UR BUDDIES quick !!!....cause we r growing in multiples of x100 .....LOL...

well the fact is that u have got nothing to Defend ...and deep inside you know that Apple is ripping u off but not showing it & boasting abt the high price device...well hear frm us high price does not mean it's the BEST !!!

posted on 14 Dec 2012, 13:55 1

33. QWIKSTRIKE (Posts: 1287; Member since: 09 Mar 2010)

All I have to say is my Elliot wave post from PA's past articles stated that this would happen, and I also posted about wave 5 tops. Anyway as I predicted Apple would try to retrace back to the highs and fail. Failing here sends it to $485.00 and possibly lower, then watch the fear and panic sell take over.

Apple is a great company that has possibly reached potential market saturation with no new worth while product to push it forward short of analyst pumping it as they dump it to unsuspecting buyers!

I can't wait to see what unfolds after the Christmas Holiday sales. Bad news will send the stock lower. Remember I also predicted a wave 5 top for the regular stock market and predict as revwersal after the 1st quarter reports for 2013!

posted on 15 Dec 2012, 18:13

71. quakan (Posts: 1398; Member since: 02 Mar 2011)

What's funny is that I remember that. lol

posted on 14 Dec 2012, 13:12 3

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

Haha, great friggin' post. Great point.

posted on 14 Dec 2012, 13:43 12

31. PAPINYC (banned) (Posts: 2315; Member since: 30 Jul 2011)

The Chinese are not STUPID, they know a good counterfeit when they see one.

Ni Haoooooooo.......

posted on 14 Dec 2012, 18:15 2

44. XPERIA-KNIGHT (unregistered)

are you serious?? thats all the more reason for people to NOT want to line up and buy the device!

Someone working at a burger king for years upon years usually doesnt order there after they are off work.............because they are too familliar and SICK of the place!

ps i hope you were being sarcastic

posted on 14 Dec 2012, 18:35

47. parkwaydr (Posts: 572; Member since: 07 Sep 2011)

True, I worked at Wendy's in high school for like two and a half years. Still can't eat there to this day.

posted on 15 Dec 2012, 02:18

57. rcwfox2002 (Posts: 41; Member since: 20 Dec 2011)

I worked for Verizon and after I left I still have Verizon service. I didn't buy the Nexus 4 because it did not meet my expectation to upgrade from Galaxy Nexus. People in Asian countries understand technology and gadgets and the Iphone 5 is nothing special or worthy of an upgrade. Instead of Apple innovating they spend their R&D money on advertising. Every movie, sitcom, commercial has an Iphone and Apple is footing the bill. Americans want to be popular, appear smart and rich, Apple gives them that illusion.

posted on 15 Dec 2012, 20:06

72. quakan (Posts: 1398; Member since: 02 Mar 2011)

Just to let you know 1,344,130,000 people live in China and they all don't work for Foxconn.

posted on 14 Dec 2012, 11:54 20

2. toiletcleaner (Posts: 224; Member since: 10 Oct 2012)

Keep going down

posted on 14 Dec 2012, 12:39 8

17. MeoCao (unregistered)

like poops down the toilet LOL

posted on 14 Dec 2012, 12:42 8

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

Law of gravity = what goes up must come down. Didn't anyone see the article posted a few days ago about how Android phones were selling like hot cakes on a cold winter day in China? Cool only sells so many. Day-in day-out users seem to be choosing Android.

posted on 14 Dec 2012, 11:55 2

3. ray77 (Posts: 126; Member since: 17 Nov 2012)

wait for next year then lol

posted on 14 Dec 2012, 12:53 7

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

next year gonna be the same phone wit the S

posted on 14 Dec 2012, 11:55 7

4. MeoCao (unregistered)

Or may be the market reacts to the maps fiasco? Google proved that they are now the tech king not Apple.

posted on 14 Dec 2012, 11:57 14

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

No 1 cares abt Apple any more !!! for starters the Chinese r becoming SMART !!

posted on 14 Dec 2012, 12:19 15

11. arsenaljimenez (Posts: 185; Member since: 03 May 2012)

from reading this, they are the only smart ones

posted on 14 Dec 2012, 19:32 1

48. soshi (Posts: 154; Member since: 08 Mar 2012)

true, the other countries still following the sheep from the west, including my country. no wonder chinese always ahead, they know how to use their money

posted on 15 Dec 2012, 10:39 1

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

So true americans should learn from the chinese, big sale small profit instead of no sale no profit .owning an iphone doesnt say anything anymore ,its just another regular phone nowadays ,nothing special

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