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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Doren who wrote (148535)1/18/2013 4:08:42 PM
From: clean86  Respond to of 213182
 
One thing that I was thinking about today is is Apple acting like Google did a couple of years ago when it first broke $700 then bounced between the High $400's and mid $600's for almost a year.



To: Doren who wrote (148535)1/18/2013 4:09:37 PM
From: yofal  Read Replies (2) | Respond to of 213182
 
Look at all these huge dives Apple took:
There are those who might say the first two downtrends on that chart were actually during an era of "bad management" (or lacklustre).

Which is not to imply that only Steve Jobs could "correctly" manage Apple, but other than the market crash of 2000, it's been a pretty strong trend line right up until the market crash of 2008.



To: Doren who wrote (148535)1/18/2013 4:31:30 PM
From: manalagi  Read Replies (1) | Respond to of 213182
 
Doren, you need to compare Apple against other tech companies and also the market. Since Sept the gap between Google and Apple has been wider and wider. You gave the chart for Apple for prior years without comparing to other stocks or indicators, so it is no telling whether the downdraft was caused by the bear market or was Apple the exception.

My post refers to the time frame between Sept/12 and 1/18/13.

Here is the chart for comparison.

finance.yahoo.com

PS I pick Google as a comparison because it is the company that encroaches Apple's territory.