Killer Bunny Posted January 17, 2011 Posted January 17, 2011 Apple in Germany today US markets closed today for ML King Day. AAPL makes up 20% of NASD100. Jobs taking leave of office. Funny they anounce it on a markets holiday... Quote
NW11 Posted January 17, 2011 Posted January 17, 2011 (edited) Apple in Germany today US markets closed today for ML King Day. AAPL makes up 20% of NASD100. Jobs taking leave of office. Funny they anounce it on a markets holiday... Steve Jobs had Pancreatic cacner and a transplant. The multi billionaire deserves every comfort humanly possible and I hope enjoy his days until the dying end. It has no impact or influence on the wider FTSE, however I am salivating on the rumours of the iPad 2! Edited January 17, 2011 by Earthling10 Quote
LuckyOne Posted January 17, 2011 Posted January 17, 2011 It is a sign that we we are back at the apex of another bubble. One man is unfortunately unwell. If this is enough to reverse the recnt rally, it shows just how vulnerable the "market" is. Quote
The Masked Tulip Posted January 17, 2011 Posted January 17, 2011 It is a sign that we we are back at the apex of another bubble. One man is unfortunately unwell. If this is enough to reverse the recnt rally, it shows just how vulnerable the "market" is. Black swan. Apple is now such a big driver of the NASDAQ that Apple stocks would need to increasingly substantially for the NASDAQ to move up. Darn hard to do when a stock is 300 odd bucks and you rely on all your customers going out each year and replacing their ipads and iphones for new ipads and new iphones. Problem is, the downside is that sales only have to slow or not meet expectations for the stock to take a sizeable downturn and because the NASDAQ is so dependent upon it it can bring the rest of the NASDAQ down. Been quite a few articles online highlighting this in the past 2 weeks. Quote
Killer Bunny Posted January 17, 2011 Author Posted January 17, 2011 Steve Jobs had Pancreatic cacner and a transplant. The multi billionaire deserves every comfort humanly possible and I hope enjoy his days until the dying end. It has no impact or influence on the wider FTSE, however I am salivating on the rumours of the iPad 2! Rubbish. Whatever happens in US markets happens here. Quote
Frank Hovis Posted January 17, 2011 Posted January 17, 2011 Rubbish. Whatever happens in US markets happens here. It's a very big tech stock. It's not the whole market, why would it impact oils or miners? Quote
exiges Posted January 17, 2011 Posted January 17, 2011 Sales of the iPad continue to be disappointing (rightly so), that can't be good for the share price. Quote
kinesin Posted January 17, 2011 Posted January 17, 2011 Sales of the iPad continue to be disappointing (rightly so), that can't be good for the share price. Ipad sales were down on estimates in Oct due to failure to supply. Figures for xmas period at looking good. It's still the best tablet out there, thanks to it's app-store. Holiday sales figures for Apple Whitmore announced that the cry for iPads, which have almost no competition, is actually ahead of his predictions and has therefore increased their estimates for sales from 6 million to 6.5 million for the 2010 fourth quarter. He also predicts that Apple will sell 28 million iPads in 2011, which is higher than his earlier prediction of 22 million. Quote
porca misèria Posted January 17, 2011 Posted January 17, 2011 Non-story. Apple has fallen and risen very substantially before now on news (and even rumours) of Jobs's health. It's not entirely without reason. When Jobs parted company with Apple for an extended period (and went to set up NeXT), Apple dwindled to almost nothing. Since he rejoined it's stormed ahead to become #1 in 'puters, ahead even of the likes of IBM and Microsoft. The market remembers! Quote
Guest spp Posted January 17, 2011 Posted January 17, 2011 (edited) It's a very big tech stock. It's not the whole market, why would it impact oils or miners? Money Never Sleeps! "Silver...buy everything you can get!" Edited January 18, 2011 by spp Quote
CrashConnoisseur Posted January 17, 2011 Posted January 17, 2011 I wouldn't have thought AAPL was a bellwether of the US market; in every sense of the phrase it's a special situation stock. Uniquely, for such a large company it's destiny is seen (overly so in my view) to be in the hands of one man. Again, for such a large company it has exceptional potential to expand into new markets. Non-story. Apple has fallen and risen very substantially before now on news (and even rumours) of Jobs's health. Indeed. Also the stock's stormed up over recent weeks on rumours of a Verizon CDMA iPhone launch. Now that's fact, it's time to take profits. Quote
jonb Posted January 18, 2011 Posted January 18, 2011 Rubbish. Whatever happens in US markets happens here. Yes, but this fall isn't due to market conditions, it is due to factors specific to Apple. Looking at UK companies such as ARM Holdings, if people buy less ARM powered iPhones, they will buy more ARM powered Android phones instead so ARM will still get the sale. Quote
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