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How low will aapl go??

Posted on 1/16/13 at 8:17 am
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 1/16/13 at 8:17 am
I'm itching to buy today with suh strong fundamentals and such a low p/e what is going on? Any one care to explain the drop
Posted by kennypowers816
New Orleans
Member since Jan 2010
2446 posts
Posted on 1/16/13 at 8:30 am to
quote:

Apple shares fell in premarket trading Monday after The Wall Street Journal reported that the company has cut its orders for iPhone 5 components due to weaker than expected demand.


LINK

quote:

Apple Inc. (AAPL: Quote) is said to have cut its orders with LCD panel suppliers for the iPhone 5 for the 2013 first quarter by nearly 50% owing to weak demand. The tech giant also reportedly trimmed orders for other screen sizes as well. Further, the company is reportedly dialing down its orders for components other than screens.


LINK
Posted by Zilla
Member since Jul 2005
10599 posts
Posted on 1/16/13 at 8:32 am to
not sure, I sold all mine at 694
Posted by Tigerstudent08
Lakeview
Member since Apr 2007
5776 posts
Posted on 1/16/13 at 9:05 am to
I'm getting the same itch. Apple will bounce back eventually. They are too good of a company not to. If there isn't the demand for their products right now, they will come out with something soon that will. They are the most innovative company out there.
Posted by Tiger n Miami AU83
Miami
Member since Oct 2007
45656 posts
Posted on 1/16/13 at 11:33 am to
I am waiting until it drops below $20/share, which was my original entry point for the 2,500 shares I once owned.
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