Apple is tanking in after hours trading

[PhineasJWhoopee]

I didn't read the details about the earnings other than ipad sales were below expectations. Anything else driving PPS down?

 

[zerocool84]

Maybe because Steve Jobs is a douche?

 

[Tristicus]

Don't Christians have lives?

 

[Fingolfin269]

Think it's just the iPad sales results.

But wow you weren't kidding. Down over 6%.

 

[jman19]

Expectations were really high apparently. Their numbers looked pretty good to me.

 

[Hayabusa Rider]

Apple broke 300 for the first time on the 13th. I think you are just seeing some profit taking.

 

[Alone]

I didn't read the details about the earnings other than ipad sales were below expectations. Anything else driving PPS down?

http://mashable.com/2010/10/13/appl...um=feed&utm_campaign=Feed:+Mashable+(Mashable)

I think you missed something, somewhere.

They seem to be doing pretty well to me.

 

[Q]

http://techcrunch.com/2010/10/18/apple-q4-2010-earnings/

 

[outsidethebox]

Buy on rumor, sell on news.
Apple has been up sharply lately so a little correction was expected.
Once the panicky people realize that ipad sales were impacted by supply issues they will be buying tomorrow. I had a bitch of a time trying to find the ipad 3g during the summer.

 

[SP33Demon]

Probably has something to do with Android overtaking iOS in market share. Apple simply cannot compete.

 

[nageov3t]

Apple stock prices dropping is merely a reflection of the inefficiencies and poor design of the stock market and the people who use it incorrectly.

 

[Demo24]

profit taking as it's overbought to hell, also the markets crashed in AH.

 

[Capt Caveman]

Price will go back-up tomorrow.

 

[outsidethebox]

Probably has something to do with Android overtaking iOS in market share. Apple simply cannot compete.

Think again. 14.1 million iPhones sold.

Google and Apple have nothing to worry about. There's plenty of room for both.

 

[Kadarin]

It's amazing.... A record quarter with record sales and record profits, but it's still not good enough for Wall Street.

 

[SP33Demon]

Think again. 14.1 million iPhones sold.

Google and Apple have nothing to worry about. There's plenty of room for both.

Wrong.

August
http://moconews.net/article/419-android-outsells-iphone-in-first-six-months-2010/

September
http://moconews.net/article/419-app....-marketshare-despite-spike-from-iphone-4-sa/

Today

Jobs didn't go so far as to claim that the iPhone is outselling Android phones. But he wants you to think this is a possibility. Late last week, during Google's earnings call, Eric Schmidt said the company is activating over 200,000 Android devices each day, and Jobs responded by saying that Apple is activating an average of 275,000 iOS devices each day over the past 30 days — and that on peak days, it's activating almost 300,000 devices.

Yes, he said "iOS devices" not "iPhones." His numbers include not only iPhones but iPads. For Google, Android is still just a handset OS — at least for the moment.

Jobs then bemoaned the fact that there's "no solid data" on how many Android phones are shipped each quarter. He said he hopes that handset manufacturers would start reporting such numbers soon, and that until this happens, the world can't really know whether Android is outselling the iPhone. "We await to see whether iPhone or Android was the winner in the most recent quarter," he said.

Then he lit into Google over the open-and-closed bit.

Two weeks ago, during an appearance in San Francisco, Eric Schmidt told the world that "Google's core strategy is openness...Ours is a fundamentally open [strategy]. Open internet. Open web. It's how we fundamentally drive everything." And when a reporter asked what all that nonsense meant, Schmidt explained that it meant Google is the anti-Apple.

"The easiest comparison is the Apple model versus the web model...Flash was allegedly a problem [for Apple]. But we love Flash, and Flash has done extremely well on Android. That 's an example of openness. Let the user decide. The user can decide [between] HTML5 or Flash," he said.

http://www.theregister.co.uk/2010/10/19/jobs_on_android/

Jobs is full of sht, Android is clearly outselling the iPhone. Jobs better enjoy the profits while they last, Android will be releasing a better version of the iPad soon.

 

[ChAoTiCpInOy]

It's amazing.... A record quarter with record sales and record profits, but it's still not good enough for Wall Street.

This always happens after press events and such. It'll go up again later. Wall Street is really hard to impress. Plus, wasn't their gross margin down?

 

[SSSnail]

Pump and dump - not just for pennies anymore.

 

[gorcorps]

I should short Apple... when Jobs dies that stock is gonna TANK

 

[zinfamous]

Pump and dump - not just for pennies anymore.

Oh.

I read that as "penises."

 

[preslove]

I should short Apple... when Jobs dies that stock is gonna TANK

Er... that would only work in two ways:

1. You know exactly when Jobs will die.

2. You murder Steve Jobs.

 

[Mike Gayner]

Maybe people are finally realising how insanely overvalued AAPL is? I wouldn't bet on it.

 

[JS80]

Maybe people are finally realising how insanely overvalued AAPL is? I wouldn't bet on it.

Enlighten us with your kiwi analysis on why exactly you think aapl is insanely overvalued

 

[gorcorps]

Er... that would only work in two ways:

1. You know exactly when Jobs will die.

2. You murder Steve Jobs.

Why? I sell the stock now using a margin account, and buy it back later when the stock drops. I don't need to know the second he dies... just that he WILL die sooner rather than later.

 

[The Boston Dangler]

Apple stock prices dropping is merely a reflection of the inefficiencies and poor design of the stock market and the people who use it incorrectly.

:awe: