The only thing I can think of.. is that there is a block of investors that are selling off to avoid possible capital gains tax increases (fiscal cliff, etc) next year. I think this is also why Apple execs have been selling stock too. I think after the tax season is over, the stock is going to pop again.
[1]: https://www.google.com/finance?q=aapl&sa=N&tab=fe [2]: http://bgr.com/2012/11/19/apples-stock-analysis-insanely-und...
AAPL has 20M shares traded daily, each at $500/sh for a total of $10B traded daily. When trading down for 2 weeks = 10 trading days, it's a total of $100B.
So how exactly is the stock "being manipulated by traders and hedge funds"?
"Spread bad news about a company, buy the stock at a lower price, wait for the Quarterly earnings, watch the stock price sky rocket."
buy low, sell high. what is so difficult to understand?
1. Open up the platform, or
2. Go down the same road that they went down in the 80s/90s, handing the bulk of the business over to an open platform.
I know which way I'm betting this turns out.
Where did I say/imply "All roads lead to open"? I can't even begin to diagram your method of reading comprehension.
This could mean that if Apple continues the current strategy, of making the "best" smartphones, they risk being relegated to under 10% market share again, as the smartphone market grows. Actually, they already are only at under 15% globally, and they've never really passed 18%.
- It talks about "investors starting to panic" about Apple's future. The linked article has no such wording, nor does the USA Today articles that I saw.
- The title makes it seem like the iPhone 5 sales have been outperformed by iPhone 4S sales... No where in the article does it claim that, unless you mean the analyst that says "'Some of our Chinese sources do not expect the iPhone 5 to do as well as the iPhone 4S,' Millunovich wrote."
The iPhone 5 is a better phone and in my view better value because it might have a longer useful (kept up to date with the latest OS) life. Having said that the 4S is still a very good phone and I have no intention of replacing mine anytime soon.
There may be something to be said for the new iPhone having no new must-have features, but that's not unique to Apple.
For many people the 4S and 4 are beyond "good enough" and would save $100 by buying the 4S instead of the 5.
That being said, cheaper products tend to sell in higher volumes. How is this news?