Shares of Apple Computer, Inc. (AAPL) dropped $3.74, or %5.20%, in morning NASDAQ trading to fall to $68.11 on heavy volume of 31,250,549 shares.
Apple news has been dominated recently by three iPod- and/or iTunes-related lawsuits which have received widespread media coverage.
Success breeds litigation. A buying opportunity?
Related articles:
Judge allows antitrust suit against Apple for iPod+iTunes illegal ‘tying’ to proceed – February 06, 2006
Contois Music & Technology sues Apple for patent infringement in iTunes software – February 06, 2006
The useless iPod ‘potential for hearing loss’ lawsuit – February 05, 2006
Report: Apple iPod hearing loss lawsuit headed by Microsoft retained trial lawyer – February 02, 2006
iPod user sues Apple over hearing loss [UPDATED] – February 01, 2006
Life seemed simpler when I kept all my money under the mattress
Hey maybe I’ll be able to afford Apple shares soon.
Uh yeah, this is a buying opportunity!
MW: “street”
This sucks. BIG time.
#$^&!&$(*@$!+!#!$&^%@$@!#*!_(#@!#^%!^#%$!@#!)(*!#(&*!!!!!!!!!!!!!!
Buying opportunities are great and all, but jeezus!!!!!!!!
I’ve lost over $20K since this “dip” began.
This quarter’s going to hurt. And if the report isn’t good, AAPL may slide even more into NEXT quarter, too.
This stinks.
AAPL Man, not the right way to look at it. You have lost nothing. You *simply* haven’t realized possible gain because you have not sold when they were $80+
Three lawsuits in the news? Okay, which lawsuit am I missing?
1) The silly lawsuit regarding iTunes / iPod interoperability with services.
2) The lawsuit from the stupid person who doesn’t know how to LOWER THE VOLUME!
3)…Is the non-issue of iPod Nanos with cracked screens making headlines again. (This is a non-issue since Apple is replacing the Nanos.)
Agree this is shaping up to be a buying opportunity.
Thanks for your help.
Peace.
Time to buy calls on AAPL.
Glad I sold in December. I’ll give it a few more dollars to drop and I’ll buy in again.
I am a bit concerned about next quarter, but I think there will be an incredible response by the market if Apple actually does introduce a media center type of product some time this year.
iPodder — Point taken.
Still feels like it hurts though.
Jim cramer said ” buy buy buy! ” at $86’s
Jim cramer also said ” buy buy buy!” at $75..
He also said Google would go to $500
Well obviously he is a dumbass
Yet he said ” oh dont listen to those silly people who put $2000 price target for Google, they just want attention because they know alot of people own Google stock “
According to FoxNews, ( few months ago ) they were all saying sirius would hit $10..
stock market is filled with crazy people right now, ( sports fans became stock traders )
that is why stocks are so unstable.
I bought only 150 shares of APPL at $75 thinking it would bounce back to $85.. heck.. never happened.. i am losing some money right now however if APPL comes near $64 i may buy some more to narrow the gap of possible recovery.
Short term mentality. Apple is still poised to grow. Apple is still running on all cylinders. Nothing has changed except the skittish ones are making things volatile.
Down $4.30!!!
It´s not the lawsuits rumors/news…its something else.
No stock drops because of a lawsuit that may be tried in 5 years or never make it to court.
It has to be something to do with sales – mac sales have died have the mactel announcement.
Somebody must have some news on iPod sales or lack there of…
Or…something else.
———-
All you armchair Macheads saying buy – then go buy some. Lots of people talking out there backsides with their genius stock wisdom.
Down $4.30!!!
It´s not the lawsuits rumors/news…its something else.
No stock drops because of a lawsuit that may be tried in 5 years or never make it to court.
It has to be something to do with sales – mac sales have died have the mactel announcement.
Somebody must have some news on iPod sales or lack there of…
Or…something else.
———-
All you armchair Macheads saying buy – then go buy some. Lots of people talking out there backsides with their genius stock wisdom.
Down $4.30!!!
It´s not the lawsuits rumors/news…its something else.
No stock drops because of a lawsuit that may be tried in 5 years or never make it to court.
It has to be something to do with sales – mac sales have died have the mactel announcement.
Somebody must have some news on iPod sales or lack there of…
Or…something else.
———-
All you armchair Macheads saying buy – then go buy some. Lots of people talking out there backsides with their genius stock wisdom.
Down $4.30!!!
It´s not the lawsuits rumors/news…its something else.
No stock drops because of a lawsuit that may be tried in 5 years or never make it to court.
It has to be something to do with sales – mac sales have died have the mactel announcement.
Somebody must have some news on iPod sales or lack there of…
Or…something else.
———-
All you armchair Macheads saying buy – then go buy some. Lots of people talking out there backsides with their genius stock wisdom.
People who are investing for the long term in AAPL are getting killed. Right now, AAPL is only good for the “trade”. Wait until the stock hits 65 then start buying again. But only buy in short increments to be safe. Protect your money.
You know, i think i actually once tested an ipod nano , it was indeed extremely loud, i pulled it off my ears to stop it as soon as it was turned on, i think these lawsuits might become more serious, which can drive the stock down below $60.. mmm…
A drop from $85 to $67 in such a short time – whew! in the stock world that´s a monster drop.
The stock will have to rise over 26% just to get back to $85. Gulp!
Where´s all the great minds here that should have told me to sell at $85 and buy again at these levels???
“Where´s all the great minds here that should have told me to sell at $85 and buy again at these levels???”
What are you, multi-personality or something?
Lawsuits, smallsuits.
It´s about big quality control problems with iPods.
PowerMacs sales have taken a huge hit.
Intel having problems with new chips.
Take your pick.
And of course it could be the monopoly of the music biz….
Quick, Apple, have Sony announce its licensing of iTunes tech….
Right now every news you read suggests the stock is a “buying oppurtunity” which means it is still a bubble.. It’ll hit $64 the question is, will it hit $59…
Keep dropping baby! I missed my chance to buy last February or March after it split and fell to $35. Been kicking myself ever since. I promise I won’t pass it up this time.
hey hey hey! What about people that are losing money? huh!
How am I going to finish my sex change operation with no money?