3,288
 

Apple loses 23 BILLION since Iphone 6...


 
2
most viewed right now
+189  114
317 comments @wild'ish


section   (0 bx goons and 1 bystanders) Share this on Twitter       Share this on Facebook
 

 4 years ago '04        #1
7864 page views
55 comments


xplicit_03 8 heat pts
space
avatar space
space
$1,016 | Props total: 736 736
Apple loses 23 BILLION since Iphone 6...
 

 
image

Plagued with allegations of hardware that’s a little too bendy for its newest iPhone and a problematic software update, shares of Apple (AAPL) are bending.

Shares of Apple closed Thursday down $3.88, or 3.8%, to $97.87, breaking the extremely important $100 a share mark. Investors and traders are carefully watching the $100 level since that’s the same level the stock hit in 2012 before beginning a painful roughly 50% decline.

The stock has now lost a staggering $23 billion since the iPhone 6 was released on Sept. 19. The day’s loss in Apple stock exceeds the entire market value of more than half the individual companies in the Standard & Poor’s 500 index — including individual companies such as Macy’s (M) and Chipotle Mexican Grill (CMG).

What’s different this time is that there are serious questions about Apple’s once-vaunted quality standards this time. While consumers are used to Apple not being first — for instance following other phone makers with a larger screen — they like to think of Apple’s goods as perfect out of the gate. But suggestions that the iPhone 6 Plus can be bent by hand (or in the front pocket) and widespread reports of connectivity and battery woes caused by the update to the operating system, the popular theory of Apple’s products that they “just work” is under a.ssault.

Shares of Apple are still up sharply this year, by 23%, well ahead of the Standard & Poor’s 500’s roughly 7% gain. But seeing the stock lag following a key launch is not something Apple investors want. The iPhone is the most critical product for Apple so far, accounting for at least half of its stock price, says Trefis.com.

And being the most valuable stock in the S&P 500, a 3% move in the stock can put a massive weight on the entire market, as it is Thursday. Each $1 lost by Apple stock translates into a roughly 0.68 decline by the Standard & Poor’s 500. A $3 decline drags the market down 2 points, not including the ripple effect to other tech companies connected with the iPhone. The S&P 500 is down 25.59 points Thursday to 1972.71.

Of course, Apple products have had problems before. An earlier update to an iPhone would lose connectivity due to a faulty antenna design that founder Steve Jobs was able to do damage control around. But with more scrutiny on Apple, such mishaps are more difficult to scoff off and erode — maybe just a little — Apple’s well-groomed aura of perfection.

image

fu*king happy I copped that Samsung.

HAHAHAHAHA

image
+5   

55 comments for "Apple loses 23 BILLION since Iphone 6..."

 4 years ago '12        #2
MischiefTooReal 147 heat pts147
space
avatar space
space
$12,285 | Props total: 6543 6543
That's pretty loose, they should have that checked.

 09-26-2014, 08:19 AM         #3
Shadiah 
space
space
space
$n/a | Props total:  
 xplicit_03 said

[pic - click to view]



Plagued with allegations of hardware that’s a little too bendy for its newest iPhone and a problematic software update, shares of Apple (AAPL) are bending.

Shares of Apple closed Thursday down $3.88, or 3.8%, to $97.87, breaking the extremely important $100 a share mark. Investors and traders are carefully watching the $100 level since that’s the same level the stock hit in 2012 before beginning a painful roughly 50% decline.

The stock has now lost a staggering $23 billion since the iPhone 6 was released on Sept. 19. The day’s loss in Apple stock exceeds the entire market value of more than half the individual companies in the Standard & Poor’s 500 index — including individual companies such as Macy’s (M) and Chipotle Mexican Grill (CMG).

What’s different this time is that there are serious questions about Apple’s once-vaunted quality standards this time. While consumers are used to Apple not being first — for instance following other phone makers with a larger screen — they like to think of Apple’s goods as perfect out of the gate. But suggestions that the iPhone 6 Plus can be bent by hand (or in the front pocket) and widespread reports of connectivity and battery woes caused by the update to the operating system, the popular theory of Apple’s products that they “just work” is under a.ssault.

Shares of Apple are still up sharply this year, by 23%, well ahead of the Standard & Poor’s 500’s roughly 7% gain. But seeing the stock lag following a key launch is not something Apple investors want. The iPhone is the most critical product for Apple so far, accounting for at least half of its stock price, says Trefis.com.

And being the most valuable stock in the S&P 500, a 3% move in the stock can put a massive weight on the entire market, as it is Thursday. Each $1 lost by Apple stock translates into a roughly 0.68 decline by the Standard & Poor’s 500. A $3 decline drags the market down 2 points, not including the ripple effect to other tech companies connected with the iPhone. The S&P 500 is down 25.59 points Thursday to 1972.71.

Of course, Apple products have had problems before. An earlier update to an iPhone would lose connectivity due to a faulty antenna design that founder Steve Jobs was able to do damage control around. But with more scrutiny on Apple, such mishaps are more difficult to scoff off and erode — maybe just a little — Apple’s well-groomed aura of perfection.


[pic - click to view]



fu*king happy I copped that Samsung.

HAHAHAHAHA

Stocks go up and down everyday B
Close this thread

 4 years ago '08        #4
Keno 19 heat pts19
space
space
space
$7,841 | Props total: 7778 7778
Like the dude above me said, every day. Plus, when you're sitting on 100bill+ liquid cash , I think you're in good shape.

 4 years ago '04        #5
fat_boyy21 329 heat pts329
space
avatar space
space
$10,000 | Props total: 4016 4016
The thread title 'loost'

Top 10 most propped recently  4 years ago '06        #6
Jhnnyblz427 198 heat pts198
space
avatar space
space
$40,700 | Props total: 30778 30778
Op thought he had a gem, but failed

 4 years ago '05        #7
Y.G. 27 heat pts27
space
space
space
$43,460 | Props total: 18694 18694
Apple loost.

 4 years ago '09        #8
mtva24 229 heat pts229
space
avatar space
space
$9,135 | Props total: 1846 1846
It's lose not loose....internet pet peeve #1

 4 years ago '12        #9
SHADOW 327 heat pts327
space
avatar space
space
$8,695 | Props total: 569 569
where does 23 billion really vanish tho

 4 years ago '04        #10
Snipper 14 heat pts14
space
avatar space
space
$5,379 | Props total: 1218 1218
even the stock is bending

 4 years ago '07        #11
JoeDoe22 50 heat pts50
space
avatar space
space
$4,162 | Props total: 296 296
 SHADOW said
where does 23 billion really vanish tho
Its easy when its not real in the first place.

 4 years ago '04        #12
MegaTON 22 heat pts22
space
avatar space
space
$24,112 | Props total: 295 295
 SHADOW said
where does 23 billion really vanish tho
do you understand the stock market?

 4 years ago '05        #13
HARBINGER 458 heat pts458
space
avatar space
space
$52,420 | Props total: 11925 11925

[pic - click to view]


 4 years ago '05        #14
HARBINGER 458 heat pts458
space
avatar space
space
$52,420 | Props total: 11925 11925
1st page

 4 years ago '04        #15
killadre 239 heat pts239
space
avatar space
space
$21,524 | Props total: 19405 19405
Op can't be this stupid...

 4 years ago '04        #16
xplicit_03 8 heat pts OP
space
avatar space
space
$1,016 | Props total: 736 736
 killadre said
Op can't be this stupid...

 4 years ago '04        #17
xplicit_03 8 heat pts OP
space
avatar space
space
$1,016 | Props total: 736 736
 metatr0n said

[pic - click to view]




 4 years ago '04        #18
xplicit_03 8 heat pts OP
space
avatar space
space
$1,016 | Props total: 736 736
 MegaTON said
do you understand the stock market?
Time to buy those apple stocks!!! Imma get myself 1 share.


 09-27-2014, 02:28 AM         #19
One Gud Cide 
space
space
space
$n/a | Props total:  
 Shadiah said
Stocks go up and down everyday B
Close this thread
Yea, but they usually go the other way after a major flagship product launch

 4 years ago '12        #20
Even Kill 13 heat pts13
space
avatar space
space
$1,596 | Props total: 4724 4724
 metatr0n said

[pic - click to view]

:roflchimp:

 4 years ago '04        #21
RYLNYC|m 5 heat pts
space
space
space
$11,845 | Props total: 1181 1181
Damn, Tim Cook must be tight right now.

 4 years ago '05        #22
WCIB 121 heat pts121
space
avatar space
space
$26,670 | Props total: 13094 13094
 killadre said
Op can't be this stupid...

 09-27-2014, 05:56 AM         #23
MastaKilla 
space
space
space
$n/a | Props total:  
 Keno024 said
Like the dude above me said, every day. Plus, when you're sitting on 100bill+ liquid cash , I think you're in good shape.
not if someone recently invested cause apple is top 3 hottest stocks on the market

 4 years ago '13        #24
theon3 6 heat pts
space
avatar space
space
$2,986 | Props total: 978 978
If you dont have stock in Apple or Samsung why do you give a fu*k?

 4 years ago '13        #25
djbern 1 heat pts
space
space
space
$336 | Props total: 209 209
 theon3 said
If you dont have stock in Apple or Samsung why do you give a fu*k?
fans. people get a sense of pride out of what type of phone they own

Home      
  



 
 





most viewed right now
+56online now  48
Some niggas lucky
65 comments
23 hours ago
@thotsdimesetc
most viewed right now
+54online now  40
Image(s) inside Yasmina 🍑😍
23 comments
21 hours ago
@thotsdimesetc
most viewed right now
+49online now  35
Image(s) inside Joe Budden RESPONDS To FUTURE After Joe Deny Em A Interview "I Don't R..
171 comments
22 hours ago
@hiphop
most viewed right now
-53online now  30
Image(s) inside So Busta Had Aaliyah Before Dame?
88 comments
2 days ago
@hiphop
most viewed right now
+16online now  29
Image(s) inside Jan 18 - Miami Hotel Dishwasher Forced to Work Sundays Awarded $21 Mil..
39 comments
2 days ago
@news
most viewed right now
-23online now  27
Prison Bae Female edition 2 bad
54 comments
23 hours ago
@wild'ish
most viewed right now
+19online now  20
Kenan Thompson Inching Closer to 'SNL' Exit
57 comments
19 hours ago
@movies
most viewed right now
online now  19
Video inside The game the is set to kill the Fallout series: Metro Exodus
17 comments
20 hours ago
@games
back to top
register contact Follow BX @ Twitter Follow BX @ Facebook search BX privacy