Originally Posted by
paulbrock:
“sure enough, early trading has not reacted well to the news
http://9to5mac.com/2013/01/14/aapl-s...orders-halved/”
Apple shares have been on a steady decline for a few months now. In mid-Sep 2012 they were around the $700 mark. Today they are (currently) $503.67. That is quite a worrying drop over a short period of time. Thats a fall of around 28%. In anyone book that is quite a fall. I was reading an article about this a while back, stating a lot of hedge fund managers were either reducing the amount of stock they hold, and were looking elsewhere. In the past it was a favourite of hedge fund managers, now thats not the case.
Other analysts say the ipad mini is to blame, not something I subscribe to. Whether its true or not, if that is the perception out there, then the introduction of a cheaper iphone would only drop the price of shares further. I really think it wont be long before the share price falls to $400, maybe 4-6 months. Apple need to pull something out of the bag with the iphone 6 (although I think its more likely to be an iphone5s, which wont cut it). They need to introduce that killer new feature, that they havent done for quite sometime. It needs to be a really big game changer - sadly, I dont think they are capable of doing this. I think one option opened to them, is to drop the price. Not what you would expect from apple, but something that would seriously have to be considered.