Yesterday, Apple reported company bests in revenue that shattered the expectations of everyone. After the WSJ reported Apple was cutting back on iPhone and iPad parts, expectations were grim at best despite indications that Apple was in fact doing very well.
Everything looked to be going great for Apple with very strong numbers being posted. Even Apple's stocks began to rise again shortly after the report. But that party didn't last very long at all.
Over the last 12-15 hours, Apple's Stock has been dropping like a lead ballon losing roughly 10% of its overall value. The growing fear is that Apple has nothing innovative up in coming to answer the growing concerns for the company which is the reason for the flat profit growth. More importantly, people fear that without Steve Jobs leadership, Apple under the direction of Tim Cook will go the way of Apple in the 80's and early 90's.
Honestly though, all of this hoopla has got to stop. Since when did true Apple fans look to stock market to gauge how well Apple was doing? There is a saying that perception can become reality and this is the case here. People are looking for any excuse to freak out over Apple and scream Apple is dying because Steve is gone.
Here is the thing, the iPhone 5 is an amazing device, the iPad with Retina and iPad Mini are amazing devices, and the iMac and Macbook line are amazing. Yes, Apple does need to improve iOS, iCloud, and iMessage, but those are software enhancements that can be done. Apple continues to make quality products and will continue to do that, nothing has changed. As long as Apple continues to make great products that are useful and people want to purchase them, who cares what the WSJ has to say?
So what do you think about Apple's stock dropping? Do you think Apple is in trouble? Or is this just a short bump in the road? Let us know in the comment box below or on our Facebook Page. Peace Apple Nation!
Everything looked to be going great for Apple with very strong numbers being posted. Even Apple's stocks began to rise again shortly after the report. But that party didn't last very long at all.
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Apple's stock before tanking in After hours trading. |
Honestly though, all of this hoopla has got to stop. Since when did true Apple fans look to stock market to gauge how well Apple was doing? There is a saying that perception can become reality and this is the case here. People are looking for any excuse to freak out over Apple and scream Apple is dying because Steve is gone.
Here is the thing, the iPhone 5 is an amazing device, the iPad with Retina and iPad Mini are amazing devices, and the iMac and Macbook line are amazing. Yes, Apple does need to improve iOS, iCloud, and iMessage, but those are software enhancements that can be done. Apple continues to make quality products and will continue to do that, nothing has changed. As long as Apple continues to make great products that are useful and people want to purchase them, who cares what the WSJ has to say?
So what do you think about Apple's stock dropping? Do you think Apple is in trouble? Or is this just a short bump in the road? Let us know in the comment box below or on our Facebook Page. Peace Apple Nation!
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