Question:

If every single I phone manufactured is sold in record time, then why are so many idiots selling Apple stock?

by  |  earlier

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Why does extradinary sales equal poor preformance? Anything per share, really means nothing so why would any one care at all about anything in relation to the amount of shares outstanding. Did the company not meet and exceed expectations, and better than most other companies? Is falling short of fantastic such a bad thing?? Do all the stupid people in the world not understand the premise of setting goals?? If you do not set them you won't reach them. If you do not raise the bar, you will not improve. That means set your goals high, even if you do not think you will make them. It is better to fall short of a high goal than to just meet one that is too low and therefore limiting.

Just because some idiot news caster say 'something bad about the market' does not mean it is time to run and sell off good stocks.

It seems as if this company is dammed if you do and dammed if you don't. Meet a goal, make millions, someone skews numbers, company if a failure. This is WRONG.

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6 ANSWERS


  1. the CFO said that Steve Job's health was a private matter. People react to that kind of comment


  2. Steve Jobs is going to die...wait that is his name isn't it?! Anyway he's the inventive mind behind this whole "i" s/hit and well, he looks like he's losing his cancer battle...

  3. because iphone sales represent less than 1% of aapl's total revenue, and are therefore irrelevant, perhaps?

    just for fun/reference:

    bob nardelli of home depot expanded revenue and profits, and was one of the best ceo's (from an operations viewpoint) in the Dow.  he got canned because the stock would only trade sideways.  operations and revenue don't mean squat.

  4. According to BusinessWeek:

    Apple reported record results on July 22 but said it expected gross margins to fall for the next quarter and into 2009, which sent the stock reeling.

    It continues to say that Jobs cancer that he was treated in 2004 has not come back and the shares rebounded handily.

    With the news of Steve Job's health and the companies guidance for the remaining year and next year are lower, are the reasons why Apple got hammered.

    Investors invest for future returns not current returns. When a high official states a lower guidance (of any sort) during their conference call, the investor will dump their shares.

  5. Unfortunately now days it really doesn't matter how one company is performing. People and investors get scared when the Dow looses 200 points. They get uncomfortable with what they have and believe there is something better in the market.

  6. Just because a company is performing well doesn't mean its stock cannot get over-valued from time to time. People selling Apple obviously believe that is where we are. That's why we have markets. If you believe Apple is fairly valued, you should be happy about this. Now you can buy shares cheaper. Don't complain about the price of the stock, buy more shares.

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