MacDailyNews Take: Well, then, they’ll have to come up with new ways to try to sink the unsinkable or, failing that, spread rumors about “concern” over Steve Jobs’ health via “news” fronts set up by and run for the benefit of stock manipulators. This is precisely why Apple pulled out of Macworld Expo, by the way. Besides awful timing on the calendar (new products a week after Christmas?), the expectations have become simply totally unrealistic.
Madway and Lawsky continue, “Apple shares slid 0.7 percent.”
MacDailyNews Take: Ooh, that’s a HUGE disappointment, Madway and Lawsky, you hacks. Why not try reporting the news instead of making it up for a change? Are there any real journalists left?
Madway and Lawsky continue, “‘There were some innovative products, but no true blockbusters,’ said Robert Francello, head of equity trading for Apex Capital hedge fund in San Francisco. ‘People were bullish going into it, and now they’re kind of taking money off off the table.'”
MacDailyNews Take: Gee, a hedge fund talking down Apple. Imagine that.
Madway and Lawsky continue, “Tuesday’s event produced few surprises. Apple announced a $2,799 17-inch laptop that is the company’s lightest and slimmest ever, as well as tweaks to software for home movies and photographs.”
Full blah, blah, blah – Think Before You Click™ – here.
I don’t know about you guys, but Phil was looking a little gaunt.
Sell.
no matter what, the fact is investors are disappointed with the most underwhelming macworld keynote ever: two software upgrades and a long overdue 17″ macbbok pro? you gotta be kidding me.
aapl is falling where all the other big techs are up 3-5 %. that’s almost a 5-7 % spread. apple is famous for making bold moves. but the last one was two years ago. where is the new mac mini, the new appletv, imac, 11″ macbook, 7″ mac touch, mac netbook, mobile me upgrade, the list goes on and on.
it seems to be apple has become very cautious and conservative in their approach to new products lately.
http://appsapp.blogspot.com/
I guess maybe I just had lower expectations than most, but I wasn’t the least bit disappointed. I’m very excited about the new iLife apps, and I think the news about higher quality, DRM-free music is great.
The expectations about MacWorld have gotten so high that I think it’s become impossible not to disappoint. Perhaps that’s another reason they decided to pull out.
The software upgrades are awesome. Why do ppl gripe when they could spend several months becoming proficient at these wonderful programs and learn so much with such enjoyment?
Spoiled brats.
Passerby’s lips move, whining…
“You know Mac OS X has a built in dictionary, don’t you?”
…Passerby’s skills at needlessly copying and pasting are truly phenomenal. The crowds were impressed with Passerby’s indepth knowledge of OS X.
Now Passerby can Pisserby off.
It was a snoozer…
and $2800 for a notebook….gulp. Out of my price range for the next 10 years.
With Jobs being sick, no big product decisions are being made.
Plus why bring out something new in a degrading worldwide economy???
Bye,
A snoozer?
What did you expect a week after Christmas? I’ve been complaining about that (on here and other places) for years!
The Mac’s 25th anniversary (January 24, 1984) is coming up later this month. I think we’ll see something from them about that. They didn’t treat 20 years as any big deal but 25? Come on!
That may be why we didn’t see anything about the Mac mini (even though rumored), the iMac (even though rumored), or the Mac Pro.
Anyway, Steve’s finally got his Apple secrecy back (and Christmas time with his family, too). Way to go, Apple! We’ll see if the stock price goes up with Apple announcing things on their OWN schedule throughout the year from now on.
We also shouldn’t see anymore half-baked products released before their time, like MobileMe was. Everything should be ready to rock ‘n’ roll when they announce it.
Peace.
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Olmecmystic
Apple could have announced the iCar, a 100% environmentally friendly car, that ran on a new form of power generation that did produce any waste and some short seller shill would have made news that touted that Wall Street was disappointed. Because it didn’t come with a matte paint finish body and gold mirror tinted windows.
MrMcLargeHuge-
Journalism died ten years ago.
There are a lot of spoiled brats on this site that need a punch in the face.
I guess some people just don’t understand. Apple’s stock has always fallen after the Keynote …every frickin year…the stock doesn’t go up because Apple is going to introduce something, It goes up because of the buzz and rumors associated with a keynote. As soon as the keynote starts the buzz is over and so is the climb in the stock prices, so smart people sell and take there profits. Want a quick 5% return on your money buy Apple at the end of Dec and sell 5 min before the keynote, works every time.
Sheila’s Sister-
If you thought the MacBook Pro price was an issue, you’re a complete moron. It’s the same price as the old one. They added features, stupid.
The new notebook you’d be interested in came out two and a half months ago.
Apple is a victim of its own success. I have been an investor for about 3 years now, and I’ve noticed the price dips after nearly every major announcement. I attribute this to the fact that the truth can NEVER live up to the hype.
The new Mac mini is coming. Steve will be the one to introduce it at a future Apple media event. I believe this will be the stand out new product for 2009 and the ultimate Windows switcher machine!
I repeat myself:
Apple could demo the cure for cancer at MacWorld and the M$ run press will poo poo Apple stock. Apple needs to make announcements on their own terms so this pre-MacWorld stock price reduction parade doesn’t have time to gather steam.
just my $0.02
The sad thing (and I am sure someone already said it) is that when wall street should have gotten it, they didn’t.
Now we know the real reason Steve didn’t give the keynote. He wasn’t going to be the one to go up onstage and announce variable iTunes pricing.
@Not steve either: LOL… and then… maybe you’re right.
Wall St selloff after a keynote is “dog bites man”.
In the real world, we need Apple to continually improve its products and not announce/ship things until they are ready.
And, of course, the stock is up like $10 in the last 3 days.
Next: Apple will announce record earnings and cash flow and Wall St will find a way to discount it and diss the stock. THEN, magically… it will start to rise.
internal struggle *steve jobs*
FULL STOP
I think its time to put all these whiny children to bed.
When has the stock price NOT dropped after a Keynote. I thought that was standard procedure for Apple. I don’t get it.
Even if I had a blockbuster product to introduce, I wouldn’t do it at MacWorld. Why would I reinforce the perception that the Expo drove my pipeline?
Even so, a 17 inch laptop with an 8 hour battery is a game changer.
The REAL reason that Apple dropped the Macworld conferences [now down to one], is that they’ve become moot in the face of a world full of spectacular Apple Stores. These conferences provide simply not enough bang (anymore) for the marketing bucks involved. The keynotes at the Apple Developer Conferences will now take center stage.