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Xithras

(16,191 posts)

7. Apple is down about 35% in four months.

Reply to DesMoinesDem (Original post)

Thu Jan 24, 2013, 12:50 PM

Jan 2013

The stock hit $705 in mid September, and is trading in the $460 range now. If Apple can't engineer a turnaround, lots of people are going to watch their retirements go *poof* The poor saps who invested around $700 already have.

And this is why not a SINGLE DOLLAR of my retirement is invested in the stock market. There's no such thing as a "safe stock".

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Highlight:

Apple (AAPL) Shares Drop 10 Percent on Slowdown Worries [View all] DesMoinesDem Jan 2013 OP

So Apple sold 11 million more iPhones this quarter than it did in the same quarter a year ago? emulatorloo Jan 2013 #1

Except Apple was going out of business TM99 Jan 2013 #2

I'm still absolutely kicking myself sir pball Jan 2013 #3

I was a bit older then TM99 Jan 2013 #5

I still use their systems sir pball Jan 2013 #6

Had a Mac SE 30 CountAllVotes Jan 2013 #8

Could not agree more about the iProducts TM99 Jan 2013 #11

Yeah right. The iOS people are still there, Jonny Ives is still there emulatorloo Jan 2013 #20

And that's the problem right there TM99 Jan 2013 #22

Apple, lower your crazy high prices and maybe, MAYBE I would SoapBox Jan 2013 #4

Apple is down about 35% in four months. Xithras Jan 2013 #7

Yes and this was a "safe bet" CountAllVotes Jan 2013 #9

Meanwhile I'm netting 1k/mo on 35k invested with not a single loss taken to date dmallind Jan 2013 #10

Up 35% in 10 years CountAllVotes Jan 2013 #12

I've taken a more classic and time honored path toward retirement Xithras Jan 2013 #13

Yep, the stock market is for gamblers. And "analysts" are like panic stricken Chicken Littles emulatorloo Jan 2013 #21

OTOH, Netflix was up 42% today. n/t BadgerKid Jan 2013 #14

Aww, such a shame Canuckistanian Jan 2013 #15

That's a good description of their products fujiyama Jan 2013 #16

Toilet Tissue is littlemissmartypants Jan 2013 #19

I never owned an iphone Joel thakkar Jan 2013 #17

Microsoft is a hold/buy. n/t littlemissmartypants Jan 2013 #18