Since Apple is such a giant in the investing world that it really either holds up or brings down the NASDAQ and recently its been bringing it down. The NASDAQ has lost over 1% since November, 30th. Apple has already been very volatile, something pretty strange for investors since they don't see Apple move up and down as fast as it has the past couple of weeks. One reason why investors have been selling off is because such a large quantity of investors and funds have taken their gains and sold them off to secure their gains for the year.
For the tech savvy people, Apple has been the giant in the tech industry and one of the most resilient stocks during the recession in 2008. It still has been a very resilient stock during the recovery and has been one of the best stocks in the recent decades. So then why is this stock been correcting itself the last couple of weeks? Well as the tech people know the Iphone 5 coming out was in huge anticipation. Obviously people appreciate their Iphone and still love it, but there was a major flaw in this one. The Iphone 5 took away the Google maps and have tried to become more independent by rushing to create their own maps app. Apple maps have been in direct line of criticism and most customers have been dissatisfied with the app. And with a growing Android market, Apple's step back in its production of the Iphone has been to blame for its correcting Apple stock. Also with their Macbooks becoming slimmer and slimmer, some have been turning theirs back in to get fixed. Apple's perfect production seems to be in question and that's why the stock is too.
Another reason is why Apple has fallen seems to be one that you can blame on a lot of stocks. Since you have not heard enough of this fiscal cliff news we'll inform you even more about it! Well Apple and the fiscal cliff worries seem to be separate issues and hasn't been effecting the rest of the market like it has effected Apple. Since Apple is such a powerful stock, the fiscal cliff worries that are expected to hit buyers wallets if a deal does not get passed, has poisoned its first victim, Apple. Now their has to be other issues involving Apple's recent sell off other than the fiscal cliff. But with an already worrying consumer market, Apple seems to be getting hit first.
Now, with this Apple sell of in question, the summaries all lead to these short term problems (other than the fiscal cliff). Apple has been a train just flying through its competition and leaving them in the dust and it seems to have slow'd down as of recently. Now the bigger question is, does that leave room for investors to look and buy the stock? Now Apple is almost $200 dollars off its 52 week high, but is still expensive. If you have the money for it, then we recommend to still stay speculative of it. If we go over the cliff, we predict the markets to take a hit and go negative. But if we don't, Apple might come back in 2013 and come back big. With CEO's Tim Cook coming out with a big interview of the future of Apple. Apple TV might be the next big thing. That would boost the stock if it becomes successful. And what product of Apple's hasn't been successful? We'll get you up to date and research any Apple news and sign up for our newsletter by emailing alleywayinvesting@gmail.com. Check out our twitter @alleywayinvest and soon to be Youtube account! Our website goes live in late January!
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