14 DAY TRIAL // The Apple TV certainly had an impact on the Cupertino-based company, more specifically on Apple stock. After the company confirmed the delay of Apple TV shipments, their stock dropped 5.3 percent in a single day. As a matter of fact, this Tuesday was a truly nasty day for the stock market as several heavy names dropped big.
"U.S. stocks plunged to their worst one-day performance since 2001 on Tuesday, with the Dow Jones Industrial Average losing 200 points in one minute [...] after a sell-off in China fueled concerns about growth," Nick Godt said to MarketWatch. Many other companies experienced strong falls. Apple lost over 5 percent, 4.72 units, closing at 83.93.
This means little to me as I'm no broker or stock expert, but it does mean one thing: BUY! If this is a low point in Apple stock, now is the time to invest. You've given Apple enough money, maybe it's time you made some cash off Apple's back.
Specialists say Apple stock will surely go back up, and soon, considering the launch of Apple TV, the Leopard operating system and the long-awaited iPhone. Apple will sell big these following months.
News yesterday spoke of a report that made Goldman Sachs confident about the commercial success of Apple's iPhone. According to a survey that took place prior to the official announcement of the iPhone, people are very interested in buying the iPhone, and about 75% of iPod owners could be among the iPhone customers. Apple says they have sold about 90 million iPods, so that's a lot of people.
So, dear reader, if you want to hear 'Cha-Ching!' along with Apple this summer, hurry up and buy their shares.