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Apple Is Getting Seriously Nuked Today

Apple Is Getting Seriously Nuked Today

Jay Yarow | 26 minutes ago

WSJ: Demand For The iPhone Is Weak And Apple's Cutting Orders
Apple's stock is getting thumped again today.

It started the day falling under $500 to $492. It's only getting worse. As of 11:30 AM east coast time, the stock is now down 3% to $485.

Apple is still reeling from the report that it slashed iPhone parts orders because of weak demand.

This morning, Shaw Wu at Sterne Agee said the real reason for the supply cuts is: "(1) much improved yields meaning lower component builds and (2) supplier shifts."

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And again today....

Apple on Track for Worst Day Since '08 TARP Rejection

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The individual has always had to struggle to keep from being overwhelmed by the tribe. If you try it, you will be lonely often, and sometimes frightened. But no price is too high to pay for the privilege of owning yourself.
Friedrich Nietzsche

Apple stock was insanely high

Apple stock was insanely high for too long, this seems like a normal correction. How many ground breaking technologies can a company expect to make in 15 years? You're lucky if you get one, let alone 2 or 3 like apple has done. Let the stock fall, and then lets see if Apple has it them for another revolutionary product. All bets are on.

Think that is bad?

You should see the annual performance of my gold mining stocks.

Michael Nystrom's picture

Good? Bad?

Fill us in, please. What stocks do you have?

I sold losers before the end of the year for tax loss

My comment was meant to be a joke, but it is true. Barrick and Newmont were big losers last year.

Garan's picture

Apple is down? Buy! Buy!

Most people get upset when a stock price goes down,
when they should get excited and purchase some discounted stock.

3% is nuked? I wish it were 50%. Then I could make mega-doe.

Apple needs to catch up to

Apple needs to catch up to the rest of the mobile industry. They release phones with two year old hardware and market them as cutting edge with a bigger price tag.

Apple is like gold

It only goes up in the long run, not down.


Just kidding (mostly) but Apple is indeed a VERY resilient stock. It has taken a LOT of beatings like this from public opinion, only to bounce back to astronomical highs. This has historically been the most bankable fortune 500 stock.

Garan's picture

It only goes up. Like the housing market, right?

..and corporations never fail.

But, yeah, I'm just taking cheap shots.

I'm just skeptical of what a majority of people think about a particular stock. ..tends to lead to inflated value.

Well historically the

Well historically the majority have been quite conservative about AAPL, they outperformed all expectations/forecasts over and over and over again.

Moreover, stock is comprised WHOLLY of public opinion. It is ONLY about public opinion. That is literally the ONLY thing that matters with stocks. So saying you doubt public opinion just says to me, you don't understand stocks ;) Haha, but I know what you mean.

Michael Nystrom's picture

Malvini - check out this article

NEW YORK (MarketWatch) — It’s nearly impossible to overstate the role Apple Inc. plays in the U.S. stock market.

One would have to go back more than three decades to find a public company with a remotely comparable ability to jolt Wall Street, and even then the scenario doesn’t come close.

“Apple (NASDAQ:AAPL) has the most impact of any issue in history,” said Howard Silverblatt, senior index analyst at S&P Indices. Read: Apple shares still below biggest target cuts.

“The closest is [International Business Machines Corp.] back in 1982, when PCs were just starting to become popular and everyone figured IBM would own the world,” he said.

Interesting times we live in friend. Interesting times.

Mich~ael, Great Find!

So as Apple goes, so goes the market...Scary

Standby to standbye...

Good, let the bastards bleed


Who would rather get a call from this year?

The IRS or and Apple Marketing representative?

Free includes debt-free!

I love my IPhone, IPad, IPod,

I love my IPhone, IPad, IPod, and IMac. I don't think anyone has any reason to "track" me so I don't worry about it much.

Garan's picture

I'm not worried about people who shoot red-heads.

..a little worried about my red headed friends though.


What has Apple ever done to you? Why are they bastards and why should they bleed? I simply don't understand your comment. Please explain your hatred. I admit that I am a big Apple fan, but I could be convinced to toss my iMac, iPad and iPhone for any logical reason.

I can't wait for your explanation.

“Disobedience is the true foundation of liberty. The obedient must be slaves.”― Henry David Thoreau

Let me rephrase that... FUCK APPLE!

Apple has patented a piece of technology which would allow government and police to block transmission of information, including video and photographs, from any public gathering or venue they deem “sensitive”, and “protected from externalities.” Sounds like they don't want ppl seeing what they will be doing soon to all of us

Apple banned drone awareness apps because it says the government needs to play a role in surveillance and they can't compromise that

Any corporation who seeks to undermine my individual liberty, can FUCK right off, I will never embrace these Orwellian piece of shits, Thank god the liberty minded techs develop programs to combat the authoritarian threat, it's not the elite's control anymore, but theyll learn that the hard way

The Apple App You are Talking About

The app you are referring to disables the phone's video and microphone externally. The claimed purpose for it is to have zones set up where those features are automatically disabled, beyond the phone owner's control in order to prevent recording of things such as movies or concerts. It is rediculous.

I think it is more for not recording things such as party conventions, rigged votes....etc. And possibly soon, to prevent recording some of the things that our government might soon be doing, actual video might not fit the "news" spin.

But yeah, I was all about Mac when they first came out. Thought Bill Gates was evil and would only buy mac. It's different now, Apple is not what it used to be, I am leary of all the technology in their phones which takes away privacy for the user, of course am absolutely opposed to the phone having the ability for someone else to control it's features. I use an Android phone for now.

Apple can't ban anything for all intents and purposes.

Apple won't sell drone awareness apps.

But the market is bigger than Apple. It ts bigger than government.

Rename it and sell it. Skeet Practice 1.0

Free includes debt-free!

No one's undermining

No one's undermining individual liberty, as evidenced by the fact that you do not buy their products, and no one has initiated any kind of force on you as a result.

I threw mine away


Ok, That's a very good explanation

So, now what am I to do with about $3,000.00 worth of apple gizmo's?

Doesn't MicroSuck do the same thing? Like Bill Gates donating billions to vaccinate every child in Africa in the name of eugenics?

What about Google, YouTube, Facebook, etc? Seems that everyone should be terrified whenever they bend over.

Thanks for the answer. It makes everything clear to those reading your post.

“Disobedience is the true foundation of liberty. The obedient must be slaves.”― Henry David Thoreau

All of them!

I dont agree with any of them

How about co-operating in the illegal activity of being able to

track your every move while carrying or using one of their devices?

The individual has always had to struggle to keep from being overwhelmed by the tribe. If you try it, you will be lonely often, and sometimes frightened. But no price is too high to pay for the privilege of owning yourself.
Friedrich Nietzsche

Sorry but that's not nearly

Sorry but that's not nearly enough for me to boycott them, and if it was (and I was intellectually honest) I would have to boycott nearly every other product in existence.

sure there is that

but what else you got

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