How Low can Apple stock go??
 

This thing is dropping. Hard. Any ideas on how low it can go and what's a good price to buy in?

It's Obama's fault!

capital gains tax....;)

No idea...

apple is finished, they had their time and now will start slowly fading as other companies with superior versions of apple products take over

samsung is good, microsoft is about to explode with the new windows 8 ($40 upgrade) and everyone will be happy to be running the same OS on their computer and phone

Apple needs to sue more people over stupid shit.

So its the fault of unsustainable Bush tax cuts.

The wealthy are just like welfare recipients... you toss them a bone and they want more and more.

Apple needs to focus on innovation again so the likes of Samsung doesn't continue eating their lunch.

LOL... Have you ever met any Apple people? Don't think they are going anywhere soon. :upsidedow

yeah sounds more like wishful thinking for pc people.. which i admit i am one of ;)

He is right though, they do have a growing base of competition that are already giving them a run for their money. I'd say MSFT is a better buy overall though.

When I first bought it I got it at 15$.

Hits that or near and I will buy in again. :)

I'm surprised that after Steve Jobs Apple would start to fall this fast. I thought it would be a few years. But it looks like the signs are there already.

Also, it seems culturally people are sort of catching on to Apple marketing. In pop culture a lot of the jokes about constantly new versions being forced out have a meaner tone than in the past. What that means is Apple needs to slightly tweak it's branding and image, and only Steve Jobs could pull that off.

They recently forced out the guy who was behind Apple Maps. A interesting side note is that guy was one of Steve Job's favorite, almost his protege. Executives always hated him but Job's protected him. As soon as they could, they made him the fall guy and booted him. That tells you a lot of how post Steve Jobs Apple is going to work.

Try to go buy an iPhone 5. You can't. You'll wait 2-3 weeks to get it. The ipad mini sold 3 million units last weekend. That's more than any of the prior ipads in the past. Yes, there is increasing competition, but their market share is actually really small. There is a ton of room for them to grow.

People have no idea what their cash on hand does to their price. Apple is trading at roughly 9 times EPS vs. 14 times EPS+ for the S&P. There's not a single tech company that is trading anywhere near that level, let alone, anyone that has over $120 billion in cash. The stock went parabolic, this correction was needed in order for it to go higher. Wait until January earnings, they will blow them out. A bottom is coming soon, that is if the fiscal cliff doesn't just take the entire market down with it, but you know what they say about picking bottoms, you get sticky fingers.

I agree, brainwashed apple sheep will not stop using their products.

Last apple shares I bought was in 2008 for $78, it has a long way to drop!

Put your money in Samsung. They have the only phone compatible with win8 plus they get $10 for every iphone sold.

Why i didt get 1k for 18$pershare :D

I bought at $11 per share just after the first imac was released

;-)

If you look at the five year span of AAPL stock, it's now sitting right where it should at around $530

http://finance.yahoo.com/echarts?s=A...=aapl;range=5y

It bubbled in Feb 2012, and then again in Jul 2012. Both those bubbles have simply popped.

If it doesn't level out to 520-540 range within the next 30 days I'm wrong, but I seriously doubt it.

One week so far and I'm spot on.

In time apple can and will hit the bottom.

I bought at 3.48 in September '84.

Bought at $80 in 09. sold and shorted at $630. didn't look too good when went up to $700 but now I'm loving it :thumbsup

Remember it being in the $20-$30 range in the early 2000's

The shame is that if Steve Jobs had worried about important things rather than if people would view porn or his pissing with Macromedia perhaps the company would have focused more on making phones that could actually make and receive phone calls.

They had a chance to jump even further ahead of the competition and blew it thanks to Jobs.

I think Jobs did quite well, ios is much better than Android os.

And let's say some ppl wanna buy in right now,
what are some legit places to purchase aapl stock ?

Never said anything bad about the OS. But I think that if Jobs had not used the products to fight his personal battles more people would have bought them.

More news about the great products and less news on the CEO's personal issues would have been better for the company.