3 ms·
I don't have the evidence at hand, but my recollection from watching the market in relation to Apple's previous announcements is that a dip is nothing new. Wal
by basseq 15y ago
I don't have the evidence at hand, but my recollection from watching the market in relation to Apple's previous announcements is that a dip is nothing new.
Wall Streeters get so caught up in the rumor machine that when Apple doesn't release an iPhone 75x with built-in blender and ESP capabilities, they panic a little bit. My recollection is also that the stock rebounds rather quickly, then jumps again next quarter when analysts realize how many of the things have been sold.
Probably a good time to buy (market uncertainties notwithstanding).
- basseq 15y agoiPhone 3G announcement and launch: http://www.google.com//finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chfdeh=0&chdet=1217016000000&chddm=19442&chls=IntervalBasedLine&cmpto=INDEXDJX:.DJI&cmptdms=0&q=NASDAQ:AAPL&ntsp=0 http://www.google.com//finance?chdnp=1&chdd=1&chds=1... 3Gs: http://www.google.com//finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chfdeh=0&chdet=1248465600000&chddm=18768&chls=IntervalBasedLine&cmpto=INDEXDJX:.DJI&cmptdms=0&q=NASDAQ:AAPL&ntsp=0 http://www.google.com//finance?chdnp=1&chdd=1&chds=1... 4: http://www.google.com//finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chfdeh=0&chdet=1279915200000&chddm=16813&chls=IntervalBasedLine&cmpto=INDEXDJX:.DJI&cmptdms=0&q=NASDAQ:AAPL&ntsp=0 http://www.google.com//finance?chdnp=1&chdd=1&chds=1... I'd love to normalize this with ^DJI as the x-axis along with daily (or hourly) prices overlaid with rumors, announcements, and launches.
- basseq 15y agoAAPL today has basically re-converged with the Dow. It was tracking similarly on Monday, outpaced then fell with the announcement, and has been slowly recovering today. Hope everyone bought at $355. :)