01-16-2008, 04:16 PM
How low do you think it will go over the next couple of days? $158.03 right now.
Typo on the street.com, they show AAPL falling to: $116.95. Think it will go below $150? I say it will make it to $150. Your prediction?
Apple's New Products Fail to Impress Investors.
Tech stocks fell Tuesday as concerns about an economic slowdown and a decline in consumer spending intensified. The Nasdaq composite index was off 60.71 points, or 2.45%, closing at 2,417.59.
Apple (AAPL - Cramer's Take - Stockpickr - Rating) stock fell $11.83, or 6.6%, to $116.95 as investors were unimpressed with CEO Steve Jobs' latest offerings at Macworld Expo in San Francisco.
As expected, the company unveiled a new lightweight laptop and a video rental service through its iTunes store. Analysts said the company failed to reveal anything approaching last year's iPhone, which triggered a 12% bounce in the stock price in the three days following the debut.
Typo on the street.com, they show AAPL falling to: $116.95. Think it will go below $150? I say it will make it to $150. Your prediction?
Apple's New Products Fail to Impress Investors.
Tech stocks fell Tuesday as concerns about an economic slowdown and a decline in consumer spending intensified. The Nasdaq composite index was off 60.71 points, or 2.45%, closing at 2,417.59.
Apple (AAPL - Cramer's Take - Stockpickr - Rating) stock fell $11.83, or 6.6%, to $116.95 as investors were unimpressed with CEO Steve Jobs' latest offerings at Macworld Expo in San Francisco.
As expected, the company unveiled a new lightweight laptop and a video rental service through its iTunes store. Analysts said the company failed to reveal anything approaching last year's iPhone, which triggered a 12% bounce in the stock price in the three days following the debut.