[FRIAM] Does this include you, Owen?

[David Mirly]

For Apple stock in particular, I would zoom out a little further than  
a few days and you will
see that it is fairly normal for this stock to have really wide  
swings for a variety of reasons and
sometimes for no reason at all (at least that I can tell).  For  
instance, it was way down into
the 120's when the credit news first started to come out a few weeks  
ago.  Apple stock has
been heavily traded and very volatile for the last few years.  So I  
don't really think Apple's
management is guided very much by their day to day stock price.  At  
least I hope not.

On Sep 7, 2007, at 9:53 AM, Raymond Parks wrote:

> Folks,
>
>   The really interesting part of this situation is Apple's stock
> performance since Tuesday.  I think that drove the refund as much  
> as the
> complaints on user forums.
>
>   Or, perhaps, the stock price drop is investors fearing that the real
> reason for the iPhone price drop is slow sales.  If so, they're not
> going to resolve that with a price drop - they might get somewhere by
> getting out of the exclusive AT&T contract.  I wonder if Apple had
> counted on the hacker community opening up the iPhone for use on T- 
> Mobile?
>
>   Their PPPP for the new iPod release may also have helped to drive  
> the
> stock down by 13 points (from 145) in two days.
>
> -- 
> Ray Parks                   rcparks at sandia.gov
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>
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