Apple stock hits 3-month low

“Apple sank to a three-month low Wednesday as the overall market slid on fears about China, a huge market for the consumer tech giant,” Alissa Williams reports for Investor’s Business Daily.

“Shares were down 1.8% to a three-month low of $123.43 in big volume in the stock market today, undercutting the prior low of a flat base with a $134.64 buy point,” Williams reports. “Apple is now trading about 8% below its late-April high. The stock has gained about 12% in 2015, boosted by its run in late January to late February.”

Williams reports, “Apple reports fiscal Q3 results on July 21.”

Read more in the full article here.

MacDailyNews Take: This too shall pass.

SEE ALSO:
Analyst sees big Apple Q315 EPS beat on iPhone strength – July 7, 2015
Apple to release Q315 earnings, webcast live conference call on July 21st – June 29, 2015

55 Comments

    1. I thought I was smart last week when I bought 200 more shares @ $125. Oh well. I’m on this roller coaster for the long haul.😃 I think Wrist Computers are the future. Can’t understand all the WATCH haters at all. Am madly in love with mine. In fact
      I’ve asked mine to marry me. 😜 She hasn’t given me her answer yet. But
      I think she’s being coy until watchOS 2 ships.❤️

          1. Hey, fuck you. Has nothing to do with being an Apple centric site. You fucking moron. And you are the true definition of someone who is not objective. And a prick on top of it. Fuck off and mind your own goddamn business. Pussy.

        1. A Black Anodized Aluminum Link band. Getting one with the LUNATIK Black Anodized Aluminum case. But I love my new Italian ActionProof.com Bumper so much that I’m trying to find one for direct connect to my 42mm Space Gray WATCH SPORT although I am more in love with its Black rubber band now more than ever.😍

      1. Her? I wasn’t aware watches possessed gender. Is it because of Siri? Is yours the man size or the dainty size? What colour is your watch band? Maybe this personification is normal, I wouldn’t know. Marine vessels have gender, as do tropical storms. A friend informed me that certain men have pet names for their pickup trucks, as befits the darlings they spend their happiest hours with.

        1. Who says you have to wear the watch around that specific appendage where it is traditionally associated? Wearing it elsewhere – with the motion software ticking – could tally how
          swell it would seem to be cock of the walk. So to speak…

  1. Maybe it is because Samsung’s sales are tanking? Or maybe it is because AMD sales are down (with nothing in a Mac). Or maybe because Microsoft is dumping more employees? Or maybe because Apple is the largest smart watch manufacturer? Or maybe …

    AAPL is my largest investment. I get tired of the dips. But love the year over year growth!

        1. The real reason AAPL is down is because average people like you are not convinced that Apple isn’t going to be overtaken by by its competitors and thus won’t buy the stock.

          Buy AAPL now! It’s on sale!!!

      1. It probably only looks that way due to the difference in share price.. They both move about +/- $10 over a month period. AAPL about $123 today vs AMZN about $430. Also AAPL has about 5.8 billion shares outstanding to AMZN 466 million. Trade volume is also very different with AAPL averaging 40.2 million vs AMZN 2.4 million over past 10 days.

  2. The President and Congress are focused on banning all evidence of the actual Civil War and the President is working hard to give the Iranian mullahs the nuclear bomb and importing all impoverished Central and South Americans onto US welfare programs while Europe and China face economic chaos and our economy is the worst in 100 years so it makes sense Apple stock and the entire market will lose at least 50% of current values maybe more, until some sane person takes charge.

      1. Good retort, doofus, except you forgot to say which fact which I presented is not true. Oh yeah, you get your news from Comedy Central and you whoopee cushion.

          1. Actually, every bit I said is fact. The Obama Democrats are running a suicide mission on our economy. Obama has said that he detests America (while he lives like a billionaire off the taxpayers) and he is intentionally wrecking the economy, the culture, race relations, and global security. Fortunately for him Democrats have the brains of Droid phones and mostly worry about being cool, so things like debt to GDP, the insolvency of Social Security and Medicare, Iran have nukes, flooding America with illegals to overload our welfare and healthcare systems, and race wars don’t really bother Democrats because they are mostly thinking about getting laid by a same sex partner or finding a joint. So, the stock will continue to slide. Next stop, 80.

            1. Wow, such intellect. I guess your empty of any fact rant is the best you can do, having no counter facts to present. Here is one for you. Candidate Obama attacked George Bush rightly during the 2008 campaign for recklessly driving up the national debt, and promised to cut in half during his first term because it was vital to our national survival. President Obama took the $10 trillion debt he inherited and has added eight trillion making it now $18 trillion. I added because I know your are mentally challenged. So Obama has driven the debt to a place where our finances when counting all our unfounded political liabilities is about the same as Greece. Of course we have the Federal Reserve which they don’t and it is madly printing funny money and supporting the insane zero interest rate policy (soon to be negative interest paid for your savings) but these notion are so far over your head which is hard to see when you stick it so far up your ass.

          1. Thanks for relieving my stupidity, which I hope is a temporary condition. I suppose there is nothing wrong with sending multiple messages via one irony-free avatar, I must try that myself.

            1. Lo! 27 times ye have seen the mighty New York Yankees win the World Series and ye still not believe! O ye of little faith, ye of the Whöre of Babylon, arrayed in scarlet, sitting atop your mountain of Fenway abominations! Woe to ye! Woe, I say!

    1. That’s a brilliant way of putting all the problems the world is facing today from the American extreme right-wing make-believe perspective into one six-line paragraph – with space left over to make a tenuous connection with the topic of the post.

      1. Yeah, nearly 160 years ago. So, now our fascist book burning Left needs to for some strange reason erase history, like a bunch of very well behaved Soviets. And we need to do this insanity while nobody is paying any attention to the debasement of our currency, the massive unemployment (in excess of 20%), the debt in the US which is proportionally as high as Greece, our relations with the world which are the worst since probably Jimmy Carter’s fiasco administration. But we must spend time revising ancient history and figuring out how to get rid of awful gender specific public restrooms, which are so mean to people who don’t know their gender. And California, in a drought, is dumping millions of gallons of water every day into the ocean for minnows. Who don’t need it.

      1. He has been the President/Dictator for 6 years with a completely compliant Congress the entire time that has given him everything he wanted. He is responsible. Except he is irresponsible. Just for fun, when was the last time you heard any Democrat talk about “how our our national finances doing? Are we on a sound financial footing?” I live in a condo. We spend more time working on keeping in a decent financial situation than our entire Federal Government does in a given year. They just spend money with zero regard for whether they have it or not. This cannot continue and it will end in a financial crisis. But then we are all more interested in Comedy Central and what’s on Jimmy Fallon or the E Network.

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