Archive for the Stocks Category

Apple Stock Keeps Dropping After Mac World Disappointment

Posted in Stocks with tags , , , on January 26, 2008 by macfacts

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To many Apple fans and investors, the Mac World show left much to be desired.

After the macbook air was leaked, people began dreaming up all sorts of cool other products that Apple would be unveiling at the big event. When this didn’t happen, people became disappointed.

This disappointment, coupled with news that they were expecting a weaker next quarter, has left the stock plunging since the event.

As of today, the stock is down to about $131 down from it’s all time high of $202.96 less than a month ago (about a 36% drop).

Ouch

For a more professional analysis: MarketWatch

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