Hacker News new | ask | show | jobs
by czhiddy 4942 days ago
Were there any rumors/news/anything today that triggered the movement? AAPL is behaving more like a penny stock than the $500-billion behemoth it is.

It's also interesting to see how its P/E is lower than Microsoft's now. Given the generally lukewarm reception towards Windows 8 / Surface, you'd think more investors would be fleeing from MSFT. I sold my MSFT shares and went short last month after buying (and returning) the Surface RT.
3 comments
tatsuke95 4942 days ago
>"Were there any rumors/news/anything today that triggered the movement?"

There was an obscure clearing house that upped its margin requirement for APPL holdings that made the news this afternoon. Now why that triggered a sell off, I couldn't tell you. I'm no Apple bull, but this was sort of odd. Can't really trust anything happening in the markets the past few months.

link
josteink 4942 days ago
Were there any rumors/news/anything today that triggered the movement?

I guess China Mobila signing a deal with Nokia for its Lumia Windows-phone 8 for it's 700 million subscribers, wont mark any improvements for Apple's already declining global market-share among smartphones.

Soon Apple's iPhone and iOS will be a sub 10% market-share actor, and then people are going to ask themselves if they are going to bother to develop for the platform at all.

Seeing as Apple currently lives on two products only, the iPhone and the iPad, both dependent on each other for its success, being in the position where one of those two products turns into a failure speaks badly about its future.

link
hkmurakami 4942 days ago
This article lists some causes, but take it with a grain of salt.

http://www.bloomberg.com/news/2012-12-05/apple-declines-as-n...

link