Why are investors angry with Apple?
Shares of the tech giant are down the day after the company's major media event.
While the company did unveil a cheaper version of the iPhone to be sold in overseas markets, Matt thinks that the price point is still too high for the average emerging market consumer. In addition, although China Mobile will allow Apple iPhones to be used on the Chinese company's cellular network, there's still no firm deal in place -- something that investors think Apple needs.
While the I-phone was revolutionary, it all comes back to "what have you done lately"
While I made a nice return on Apple back in the day, my latest attempts have been
disappointing. Why did it go down to $394 and than why did it go back up to $500.
No REAL reason that I can see....... hedge funds? Media?
Besides --- We now live in the age of hi-tech whoring with the NSA. So -- who needs yet another trojan horse in their privacy.
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The company is scrambling to protect its equities arm, which could face declining volume and revenue as competitors close the gap.
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