Apple stock drops slightly after iPad event
posted by Victor H. / Oct 22, 2013, 3:16 PM
Investors obviously feel more or less the same as Apple shares dropped slightly in price after the event ended and since then have slowly rebounded so the company’s stock now trades at around its initial price.
What is your reaction to this past Apple event - was it more of a solid upgrade or an underwhelmingly expected bunch of announcements? Let us know your take on what’s going on at Apple.
source: Apple stock
Posts: 176; Member since: Sep 25, 2012
So, could the introduction of the iWatch be the thing that Apple needs to regain some of its reputation and stock standing? Or would that just be met witht he same reaction. Expected but not impressive. Hmmm ... Apple may need to hit that revolutionary new device to once again be considered one of the leading innovators of mobile technologies.
posted on Oct 22, 2013, 3:21 PM 0
Posts: 495; Member since: Mar 25, 2013
MEH, as what I have said. The people expect something but to no avail. And it was a big let down. I was thinking it would overshadow the NOKIA EVENT(Not that I seriously do) But no, Nokia will be the big buzz in town.. But still impressive design Apple.
posted on Oct 22, 2013, 3:29 PM 4
Posts: 88; Member since: Aug 25, 2013
Nokia the big buzz? Is it 1999 again? I did love my N95 though.
posted on Oct 22, 2013, 3:47 PM 2
Posts: 156; Member since: Jul 17, 2010
It's a well known thing that Apple's stocks drop a bit after an announcement. Let's see what the future will bring for them.
posted on Oct 22, 2013, 3:29 PM 0
Posts: 1337; Member since: Oct 05, 2011
The devices were solid expected upgrades. I think wall street is missing the charismatic Steve Job who could convince you that a Apple design "pet rock" was the one more revolutionary thing. It is a testament to his great sales and marketing geniuses. Without his charm on the stage Wall street feels let down and Apple stock takes a hit. It's not Tim Cook fault it's just that his talent and strength lie in optimizing supply chains and manufacturing partners schedules. There was only one Steve Jobs. without him as Apple found out the first time he left, anything they bring out will do well but not as well as Jobs would have been able to market it to the masses. All in all a good upgrade to both iPads but more so to the mini 2
posted on Oct 22, 2013, 3:33 PM 2
Posts: 459; Member since: Sep 14, 2013
Not really. When SJ was still alive he unveiled some pretty revolutionary products at the time: the iPhone, iPad and the iPods. However, now that Cook's CEO, it's been boring rehash after boring rehash.
posted on Oct 22, 2013, 3:57 PM 1
Posts: 894; Member since: Jul 03, 2013
it's been 2 years since steve jobs passed away. in that time they released the iphone 5/5c/5s, updated laptops, new mac pro, and now updated ipads. i agree it's going to be hard for apple to innovate w/o steve jobs, and don't think cook can do it, but i would at least give a little more time. i think the true test for him will be the iphone 6.
posted on Oct 22, 2013, 4:52 PM 1
Posts: 6794; Member since: Mar 29, 2012
To be honest, the iPad Air and iPad mini 2 exceeded my expectation. Look like Apple is feeling the heat of the competition after all. Good!
posted on Oct 22, 2013, 9:09 PM 0
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