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Apple Share Value Massively Dropped Yesterday

Mac Bidouille

Thursday January 24, 2008. 10:09 AM
Mac Bidouille

Even with posting best quarter ever, with the highest revenue and earnings in Apple’s history, Apple share value went massively down yesterday. We are not really following stock market as we concentrate of Apple-branded products and software; but many readers were questioning how this could impact the future of the Apple-logo company: - The Apple share is becoming a highly speculative value and variation are consequently going quickly up and down, without really correlating with the true value of the company, its portfolio, sales and pipeline; especially considering the current stock market environment in USA and all over the world. - The potential risk of recession in the USA makes some analysts thinking that consumers will reduce or delay purchase of non-essential products, and potentially in first line electronic devices such as iPod or iPhone, and in less extend computers. - Some analysts were disappointed with the lower than expected predictions revealed by Apple for the second quarter, with iPod sale finally reaching a plateau phase, while Apple sold 2,319,000 Mac units. - iPhone sales are good, but some might have thought it will take a larger part of the mobile phone market. Apple really cares about its share value on the stock market, and it will most likely speed up development of new and innovative products to make investors happy and more confident in the future of the famous Cupertino-based company. [translation by Linathael]
Even with posting best quarter ever with highest revenue earnings Apple’s history Apple Apple Share Value Massively Dropped Yesterday
Apple Share Value Massively Dropped Yesterday Read more at Mac Bidouille
www.hardmac.com/news/2008-01-24/#7654

 

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