[BarBoss]

Drogue is basically correct.

When the market as a whole is in turmoil, Apple's stock tends to drop. This happened only a few months ago, where the stock dropped heavily. When things calmed down, it moved up again.

Note that the stock dropped even though Apple beat expectations. This would be news, except the same thing happened a few months back.

In other words, this drop is caused by the market situation in general, not by anything Apple did.


There are some deeply stupid anti-Apple posters on Apolyton. Fortunately, most of them are on my ignore list, so I don't have to bother with their daft pronouncements, which have been consistently wrong for going on five years now. My favourite is how buymusic.com and PlaysforSure were going to put Apple out of the music business. That sure ended up being true...

If you believe that recession will be avoided, then buy AAPL. You'll make a ton of money.