“Technology stocks retreated late Thursday, and many bellwether companies closed the day in the red. Losses came from Apple Computer Inc. ($64.95, -3.86, -5.6% ), Microsoft Corp. ($26.66, -0.25, -0.9% ), Broadcom Corp. ($69.87, -0.21, -0.3% ) and Dell Inc. ($31.21, -0.31, -1.0% ),” Rex Crum reports for MarketWatch.
MacDailyNews Take: How low will she go?
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Banc of America raises Apple price target to $87 – January 11, 2006
CSFB ups Apple target price to $90 – January 11, 2006
UBS hikes Apple Computer share price target to $100 – January 11, 2006
Cramer’s Mad Money: Apple going to $100, two thumbs up, way up! – January 10, 2006
Ladies and Gents it is time TO BUY…
Crap. Even better question, how long will it take to get back up over $70? $80?
This is testing my financial nerves…”long term, long term, long term”
Remember Forest Gump sitting on that park bench holding that stock certificate….
DO NOT BUY YET! I AM WAITING FOR MY FUNDS TO BE UNFROZEN SO I CAN GET IN IT FIRST.. ( oh by the way it is going to go below $64 )
The other tech stocks are down around 1%.
Apple are down 5.6%!
This probably has more to do with AT&T.
Value is not a price of a stock on a day to day basis. It really doesn’t matter what any daily price quote is as long as you are not selling. If the stock cannot justify your confidence in it’s long term value you are not investing– you are speculating.
9.x out of 10 speculators will get burned in the market. Don’t buy or sell a stock on emotion, wishful thinking or personal bias. Hard headed, informed buying and selling is the only real way for the individual investor to go.
Sometimes in a down market good stocks will decline as well. Many speculators will sell like sheep and others will sell good stocks to cover margin calls on their losses.
Just FYI
Don’t panic.
Patience ladies and gents.
A while back, I took profits on AAPL. Maybe it is time to jump back in.
Traders of AAPL are a fickle lot. Methinks they tend to under and over react on Apple.
Must 2¢ worth.
Thanks Value, I think that’s sage advice. I am not any sort of investing expert, but I made the decision sometime ago not to invest in Apple, for the sole reason that I am too emotionally connected with the company (I’m not a die-hard fanboy, just loyal customer who deeply appreciates their integrity and obvious superiority of design permuating through all their products). When I invest, I like to be in a position to make the coldest, most clinical decisions possible, with no emotional interference whatsoever. Sure, Apple may be a good investment, but for me I like to choose the boring companies that no one gets excited about. Boring money is just as good as exciting money!
Michael Dell is laughing his butt off at all of you. Apple should know its place
How’s Michael Dell’s stock doing?
3-months: 8.6% vs. AAPL 14.4%
1-year: -23.1% vs. AAPL 74.7%
5-years: 34.1% vs. AAPL 619.7%
BUY, BUY, BUY!!!
http://www.g-zus.net/
Ha ha! I put in a purchase at the end of the day. Picking it up again at $65 should make the portfolio even sweeter when we rise back up!
Wait!
This is only a correction in price. Go for the long run and don’t listen to panic.
in the future, technology will be free
Michael Dell is not laughing at anyone. AAPL stock has outperformed Dell’s by more than a factor of FIVE over the last 5 years. Not to mention that Dell stock is still within $2 of it’s 52 week low. AAPL stock is still almost double it’s 52 week low.
wish I had more money to buy more stock…
Market cap as of closing:
AAPL 54.74B
DIS 51.40B
PIXR 7.23B
———-
113.37B
MSFT 275.49B
Darn. M$ better do something – SJ’s catching up quick!
BTW – DEll 73.45B
“Apple shares drop 5.6-percent amid tech stock retreat”
Sir Robin: “Would it help to confuse it if we run away more?”
Hey! MDN – it looks like a buying opportunity! As you have said from $85 downwards….
Markets have been going up like 100+ points and close to 100 points 2-3 times while APPL been going down, you know what this means. It means. APPL would be at $58 right now if DOW hadnt gone up nearly $300
Sony, you are obviously completely ignorant when it comes to finance. Please refrain from commenting on what you don’t understand.
The Dow Jones Average is an index of 30 “blue-chip” U.S. stocks. At 100-plus years, it is the oldest continuing U.S. market index. It is called an “average” because it originally was computed by adding up stock prices and dividing by the number of stocks. (The very first average price of industrial stocks, on May 26, 1896, was 40.94.) Apple is not a component, but IBM and Microsoft are.
The DOW does not affect the prices of stocks, it is a reflection of the prices of the 30 stocks in the index. (The prices of the index stocks move the Dow average, not vice versa).
Todays 5th grade finance class is now over.
Google (GOOG) down another 10 bucks (and counting)…They are now down 25% from their 52wk high.