Apple's shares finish in the red for the first time since 2008
posted by Alan F. / Jan 01, 2016, 1:18 AM
Apple closed out 2015 at $105.26, down 4.64% from the start of the year. That is a loss of $57 billion in market capitalization for the tech titan. The peak for the year was made in April as the Apple Watch release gave a temporary jolt to the stock, propelling it to $134.54. Thursday's close was down 21.76% from that high.
Despite the decline for 2015, this will be known as the year in which Apple was added to the Dow Jones Industrial Average. The Dow is the most famous of Wall Street's indices, and is comprised of 30 stocks that are supposed to represent a cross-section of American manufacturing.
Recently, some analysts have urged investors to be cautious about Apple, picking up on a slow down in the supply chain which could indicate that Apple is building fewer iPhones than expected due to weak demand. Contract manufacturer Foxconn has allegedly reduced overtime for workers, citing lower than expected holiday sales of the iPhone. Last year during its fiscal first quarter, Apple sold a record 74.5 million iPhone units. Some analysts see Apple beating that figure this year by a small amount.
The decline in 2015 is just a small blip in the long term trend. Including stock splits, the day that the OG Apple iPhone was launched Apple's stock was trading at $16.23. It is now 650% higher.
Posts: 564; Member since: Mar 25, 2015
As much as I hate Apple, they will be fine in the future. Stock down is nothing but numbers for now. They are fine tbh.
posted on Jan 01, 2016, 1:22 AM 6
Posts: 2697; Member since: Nov 09, 2015
Ah, Come-on PA! We're bloody geeks, not stock exchange players for crying out loud... Honestly, I didn't understand a word of it...
posted on Jan 01, 2016, 2:02 AM 6
Posts: 835; Member since: Dec 29, 2015
Why is everyone pissing off around removing the headphone jack? Get rid of it. Maybe it's because I'm Australian, but I have more of a chance to find a pair of wireless headphones then cord ones. You're not stuck with the charging port.
posted on Jan 01, 2016, 5:09 PM 0
Posts: 1412; Member since: Jul 06, 2014
they have billions of USD and can even speculate the currency to lower down the USD, hence the iProduct will become cheaper outside the US. USD appreciation is the reason iphone cant sell outside US, it's more expensive due to other currency depreciation
posted on Jan 01, 2016, 8:13 AM 2
Posts: 1645; Member since: Oct 27, 2011
The investors just have high expection to Apple and most of them are too greedy. Apple is still number one selling and, per reports, it took majority profit on mobile market. If Apple isn't doing well, how about others?
posted on Jan 01, 2016, 12:35 PM 1
Posts: 6031; Member since: Aug 06, 2013
Actually, I believe that you're wrong. They still sell more iPhones than any other single OEM. Now if we were to reference operating systems then Android dwarfs iOS, but that's pitting a single company against dozens and dozens of companies and is hardly accurate.
posted on Jan 03, 2016, 3:57 PM 0
Posts: 84; Member since: Mar 18, 2015
I gifted my girlfriend an iPhone 6. Had the best night of my life. Until she realized it was 16 gb. Ouch.
posted on Jan 01, 2016, 1:25 AM 39
Posts: 2697; Member since: Nov 09, 2015
What kind of 'girlfriend' would get laid for a bloody iPhone? A pretty 'lousy' girlfriend, I guess...
posted on Jan 01, 2016, 2:05 AM 2
Posts: 424; Member since: Jan 10, 2015
As a iPhone 6s owner I would say that the majority of Apple owners agree with you. What I don't agree with is Android OEM updating policy. Google should enforce a strict policy for all OEM's that access the play store. It's crazy that a Android OEM can drop support for a phone that is capable of running the newest OS. It's good for the company but sucks for the customer. And while I may be bashing Android I do like Marshmallow over iOS 9 for phones. Android tablets on the other hand are useless.
posted on Jan 01, 2016, 9:54 AM 1
Posts: 21752; Member since: May 28, 2014
Clearly you're the one that can't win here. You're even attempting to change the subject away from the fact that Ted is absolutely correct. Someone said something about the iPhone and you passively tried to put the attention on Google and Motorola, and I'm the super-fan here? Once again, your hypocrisy shines through. And as usual, you're not man enough to admit it. You'll always be a coward too afraid to own up to your constant trolling and BS.
posted on Jan 02, 2016, 12:21 PM 0
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