Our comments and trackback policy You Link We Follow, You Comment We Promote
Appears that there is no stopping the Apple stocks from falling further down due to the current economic collapse sucking the firms to death. Apple’s stocks have a taken a serious dive from close to $200 a share to half that price at $89 with chances of it coming down further.
It’s quite bad for Apple, given its massive popularity and the success it amassed with its App Store and the iPhone lately. Although the obvious reason for this fall is the failing economic condition around the world but there have been other factors that have played a role in this. The recent rumor of Steve Job suffering a heart attack crashed Apple’s stock that jolted the entire market.
There have been predictions of the stocks kissing the $70 mark and if such conditions are to carry on that might very well come true. The fall, no matter how much it will be hurting shareholders, is something beyond their control and one reason why there is no agitation over Apple. Let’s just hope and see how further down is the share rate drops to with this chaotic economic fall out.
