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  • Investors underwhelmed by Apple iPhone 4S; Apple's stock drops five times as much as NASDAQ

Investors underwhelmed by Apple iPhone 4S; Apple's stock drops five times as much as NASDAQ

Posted: , posted by Alan F.

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Investors underwhelmed by Apple iPhone 4S; Apple's stock drops five times as much as NASDAQ
Now that the world knows about the introduction of the Apple iPhone 4S, investors are expressing their opinion about the announcement by selling the stock. With the tech heavy NASDAQ average down by .85%, Apple's stock is currently down over 5%. That translates intro a drop of $19.13 to $355.47.

As we reported, the Cupertino based firm will be launching the Apple iPhone 4S on October 15th. The device looks like the current Apple iPhone 4 with some fairly big improvements such as the addition of the dual-core A5 processor, an 8MP camera with 1080p video capture and the Siri voice recognition system. An Android-like notification system has been added and the battery has been tweaked to last longer. The device will go on sale at a price as low as $199 after a signed 2-year contract, for the 16GB version. Investors might have expected much more, such as an Apple iPhone 5 with a new design, larger edge-to-edge screen and a gesture based home button. 

Apple's stock made a 52 week high at $422.86 and the company's stock has become one of the major leaders in the market over the past few years. At the time the first Apple iPhone launched in June 2007, the stock was trading at $120.

source: Yahoo

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posted on 04 Oct 2011, 14:28 4

1. Dissapointed (unregistered)

Apple has officially taken a backseat to Android and the manufacturers of some of the most powerful smartphones in the market. Sad day for the once almighty and oh so powerful Cupertino company.

posted on 04 Oct 2011, 14:46 2

10. shayan (Posts: 159; Member since: 09 Sep 2010)

the iphone 4s is EXACTLY like i predicted a few month ago. ( in this site. you can read comments.)
but I never predicted this. I mean 4S is actually a good and decent device ( Im surprized. coz its an apple product ), and Im used to hear good comments from isheep no matter what a crap apple sell to them. but 5 % drop in shares only an hour after the announcment?

posted on 04 Oct 2011, 16:45

28. E.N. (Posts: 2610; Member since: 25 Jan 2009)

yeah I definitely agree. The iPhone 4S doesn't suck or anything, but I definitely expected it to sh*t on all the Android devices with all the rumors and the extended amount of time they had us wait. I expected it to be THE phone but now its just another smartphone. How anti-climatic

posted on 05 Oct 2011, 11:03

41. remixfa (Posts: 14605; Member since: 19 Dec 2008)

lol, while i knew better than for it to be mind blowing insanity, i was still expecting a lot more. see we agree, it was very anti-clamactic.. lol

posted on 04 Oct 2011, 15:55 2

25. shafboy (Posts: 179; Member since: 26 Sep 2010)

I agree, I actually thought it would be better, atleast a bigger screen or something right?

posted on 04 Oct 2011, 16:14 5

27. CX3NT3_713 (Posts: 2288; Member since: 18 Apr 2011)

LMAOO. "This repeats everything again" apple's new slogan ..

posted on 04 Oct 2011, 14:29 7

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

Yeah, lol. Sell! Sell while you still can!

The stock may recover, but this is funny. Investors are NOT happy, despite Apple's spin.

posted on 04 Oct 2011, 15:04 3

15. ilia1986 (unregistered)

Can this be really happening? Remember, Mr. "Let's have a 3.5" screen in 2012 lol". The bigger they are - the harder the fall. And I sure as hell hope that this is the beginning of the fall of the big white evil giant.

posted on 04 Oct 2011, 15:46 4

23. XiphiasGladius (Posts: 813; Member since: 21 Aug 2011)

Now its pretty clear why they sued everyone insight. . .

posted on 04 Oct 2011, 14:35 2

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

Stock is still sky high.....I would sell....

posted on 04 Oct 2011, 14:38 7

4. themiz (unregistered)

where is TACO, where is The Miz, where are all the SHEEP at....probably headed to Verizon to get in line for The Vigor, GSII, Prime, Droid Razr, (I'll stop there)....

posted on 04 Oct 2011, 14:40 2

7. tech-head (Posts: 133; Member since: 02 Sep 2011)

lol....i was wondering the same thing.

posted on 04 Oct 2011, 14:40 2

5. DROIDX0430 (Posts: 469; Member since: 24 Nov 2010)

1 and a half year wait for a (S). you gotta be kidding me. It took that long to improve the specs that should have been on the phone when launched back in 2010. DROID DOES BABY

posted on 04 Oct 2011, 14:40 1

6. networkdood response (unregistered)

Stock may still be high but they probably bought it at a higher price so now that they want to sell it, they will lose money instead of making a profit....

posted on 04 Oct 2011, 14:41 5

8. remixfa (Posts: 14605; Member since: 19 Dec 2008)

normally apple's stock gets a nice bump. this is the first time ever its taken a nose dive. FAAAAAAAAAAAAAAAAAAAAAIL.

posted on 04 Oct 2011, 15:08 1

17. ilia1986 (unregistered)

A day may come when the freedom of users is taken. When we forsake our friends and break all bonds of fellowship, but it is not this day. An hour of iPhones and shattered Android phones when the Age of Men comes crashing down, but it is not this day! This day we fight! By all that you hold dear on this good earth, I bid you stand, Consumers of the West!

For Freedom!

posted on 04 Oct 2011, 14:42 1

9. cc (unregistered)


IT'S f**kING MAGICAL!!!!!!!

posted on 04 Oct 2011, 14:56 4

13. remixfa (Posts: 14605; Member since: 19 Dec 2008)

its magical how quiet the resident iBots have been since the announcements.

posted on 04 Oct 2011, 15:30 3

18. cc (unregistered)

Yeah I don't think even taco has a witty remark for this one. Plain and simple, all todays event did was make the iPhone MORE like Android... and all features that Android has had for years.

posted on 04 Oct 2011, 15:33 3

20. andro. (Posts: 1999; Member since: 16 Sep 2011)

Taco will either be found dead in a gutter with disappointment or else handing over all his cash for his 'new' old iphone 4s in a robotic programme mode

posted on 05 Oct 2011, 03:06

38. cheetah2k (Posts: 1762; Member since: 16 Jan 2011)

But this is what Apple have been struggling with since day one... Does everyone remember the beginning?? No MMS, 2MP camera, no front facing camera.. etc, etc...

In terms of hardware, Apples "catch-up" has brought them up to 8 month old hardware level, which is about to be superseeded in Nov/Dec.. Lest we forget that Samsung and Nvidia are on the ball with quad core CPU's as well, plus double the RAM still!

... and Taco? I just ate Tacos for dinner :p

posted on 04 Oct 2011, 14:59

14. TMobile-iSheep (unregistered)

It is! And I'm kind of disappointed that T-Mo will be the only carrier to not have the iPhone. 2.5% of our customers use iPhones on our prepaid service alone, and we have more coming every day.

I do support the move by Apple to sell an unlocked GSM version on the Apple Online Store. That way us lonely T-Mo customers can still have some Appley goodness.

And if Sprint gets the exclusivity it wants, then their towersa aren't strong enough to handle the extreme jump in customers. Their service will fail and it will result in a lot of unlocking and switching to Verizon, ATT, T-Mobile, and even the smaller carriers here in the US.

posted on 04 Oct 2011, 14:52 1

11. Phullofphil (Posts: 807; Member since: 10 Feb 2009)

my iphone four can do pretty much all of that stuff i hope steve jobs had no say in this

posted on 04 Oct 2011, 14:53 1

12. ivanko34 (Posts: 617; Member since: 04 Sep 2011)

Apple is too busy at lawsuits

posted on 04 Oct 2011, 15:48 1

24. XiphiasGladius (Posts: 813; Member since: 21 Aug 2011)

And obviously failed to innovate. . .

posted on 04 Oct 2011, 15:06 3

16. Hildy (unregistered)

It couldn't happen to a nicer company.

Basically, the 4S is already pwned by the Galaxy S II in every respect except pixel count. If Huawei had made this announcement, nobody would have cared.

I'm glad the market realizes this even if the fanbois will still stand in line for it.

posted on 04 Oct 2011, 15:31 2

19. andro. (Posts: 1999; Member since: 16 Sep 2011)

Haha!!! Funny news


posted on 04 Oct 2011, 15:41 1

21. Ikechukwu (Posts: 207; Member since: 03 Oct 2011)

Ha ha FAIL!!! this is what u get from not being innovative

posted on 04 Oct 2011, 15:43 1

22. XiphiasGladius (Posts: 813; Member since: 21 Aug 2011)

I'll mourn for the Miz, Taco & gallito. . . To all their followers Show some compassion please. . .. .

posted on 04 Oct 2011, 16:09 1

26. urc (unregistered)

As a android user I am slightly dissappointed in Apple. While their hardware may not be the latest and greatest at all times, they are what drove android to be as great as it is today. Competition breeds success. This phone will probably still outsell any single handset by any other manufacturer (which is comical, but whatever, it's not my money), but there isn't really much for android to improve on in this edition of the competition. I guess now would be a good time to slow down a bit and refine the OS while apple is in hibernation mode.

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