Apple on the slide

[Dedworth]

Some good news

Apple gets a bruising: Tech giant's shares tumble 6% on lackluster iPhone sales and slowest revenue growth since 2009


Read more: http://www.dailymail.co.uk/news/article-2267150/Apple-shares-Company-tumbles-6-lackluster-iPhone-sales-slowest-revenue-growth-2009.html#ixzz2ItJ5u6MC

[Arthur Little]

:cwm25: ... significant indication of being pipped to the post by its competitors.

[sars_notd_virus]

* Apple also faces rising production costs, competition from rival Samsung, and slowing growth in smartphones

no doubt :xxgrinning--00xx3:

[Dedworth]

Apple shares tumble, wiping $50bn off its value
Apple shares slumped 12pc on Thursday, slicing more than $50bn (£42bn) from its market value, as weaker-than-expected iPhone sales of Christmas reinforced fears that it is losing its dominance in smartphones.

http://www.telegraph.co.uk/technology/apple/9824271/Apple-shares-tumble-wiping-50bn-off-its-value.html

:laugher:

Are you watching Lastlid ?

[Arthur Little]

Are you watching Lastlid ?

Doubt it :nono-1-1: ... unless he's managed to slip through the net somehow - as a good few weeks have elapsed since the last post was sounded :xxparty-smiley-050: for the erstwhile 'Mr Last Word', I'm afraid.

[bigmarco]

Delighted to see Apple on the slide. It would appear that Samsung was the choice for Christmas as they had a 76% increase in profits in the last quarter.

http://www.bbc.co.uk/news/business-21191431

[KeithD]

The reason Apple have filed so many court cases is that they are after new revenue streams knowing full well they were losing market share. They are no launching cheaper products trying to take back market share but that is something Steve Jobs would never have done as he'd have launched another new wonder product instead.

Apple PC sales fell below expectation as well.

The only people who bought large amounts of Apple shares as it rapidly grew last year were probably the Yanks and have now lost a wad of money .... pity!!! :biggrin: