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And yet, Apples stock price is still falling
And so is just about everyone else's...tech stocks seem particularly hard hit. Microsoft has fallen 26.5% YTD, Apple is down 18.1%, HP 13.4% and Sun a whopping 42.5%, Intel is down 17.4%, AMD is down 41.9%, NVidia is down a jawdropping 66%...the list goes on and on. IBM is one of the few that has gone up; 18.9% gain YTD.
NOT a good time to be heavily invested in tech stocks - especially if you've bought just before this most recent nosedive.
Found this reader comment interesting.
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Media thrives off of this kind of stuff, and most of you are typing and surfing on Windows.
True, but still doesn't settle well with me hearing it.
It's providing job security for IT troubleshooters.
That's been true about Windoze for more than twenty years.
- KB