Wall St. ends sharply lower as Apple weighs!

[WoodPeckr]

Yeah Wall St. was underwhelmed by what a smashing hit the new Crapple iPhone is!......:Eek:

NEW YORK (Reuters) - U.S. stocks fell more than 1 percent on Thursday, with the S&P 500 suffering its biggest one-day decline since July, as Apple Inc tumbled and the dollar rose to a four-year high.

Dow Jones industrial Average: -264.26 points, or 1.5 percent, to 16,945.80
S&P 500: -33.31 points, or 1.6 percent, to 1,965.99
Nasdaq Composite: -88.47 points, or 1.94 percent, to 4,466.75.

Shares of Apple fell 3.8 percent to $97.87.


LMAO!!!!!!!! ~10 million fanboi RUBES buy the latest & greatest Crapple iPhone then have too REINSTALL the farking IOS because Crapple farked up BIGTIME!!!!!!!.....:faint:


Can't wait to see how 'fuzzy numbers boi' bottie and his clone Zinging, Zonkman (AKA dfk) polish this turd ......

 

[onthebottom]

The stock is trading near an all time high - with a market cap of $586B - dumb ass....

 

[GameBoy27]

The stock is trading near an all time high - with a market cap of $586B - dumb ass....

That's all well and good, but doesn't help people who can't even make calls on their new phones. lol

 

[onthebottom]

Looks like they are going to be OK....

http://blogs.barrons.com/techtrader...l-bmo-raise-iphone-estimates-amidst-bendgate/

By Tiernan Ray

Shares of Apple (AAPL) are up $1.84, or almost 2%, at $99.71, bouncing back from yesterday’s nearly 4% decline, as the company responded to claims of bending in the new iPhone 6 Plus.

Apple yesterday released a statement defending the quality of the device, and its own quality-assurance testing methods. The company then gave a tour of its testing facilities to journalists.

The company is getting some positive notes this morning from the Street.

Stifel Nicolaus’s Aaron Rakers, who has a Buy rating on the shares, and a $110 price target, raised his estimate for the September quarter for iPhone unit sales to 39.6 million from 37.8 million, and raised his average selling price for the devices to $575 from $560. He also raised his fiscal Q1 estimate for December to 65.3 million from 58.6 million, with an average selling price of $680 from $630.

Rakers cites “continued strong demand data points (Apple announcing a record 10M iPhones shipped during the first weekend of availability) and an expectation that China availability will commence prior to the end of C2014.”

Results could be even higher assuming Apple’s sales of the new devices is higher than 35% of the mix of total iPhone units: “If we were to assume what we think could be a more reasonable mix assumption with iPhone 6/Plus accounting for ~60-70% of total F1Q15 shipments (note: in the prior iPhone 5 launch U.S. carriers highlighted a ~50% iPhone 5 contribution in C4Q12), we would arrive at a blended ASP in the ~$680+ range. We believe Apple no longer offering the 32GB storage capacity option could also lead to some ASP accretion.

BMO Capital Markets‘s Keith Bachman reiterates an Outperform rating, while raising his price target to $110 from $106, after raising his fiscal 2015 iPhone unit estimate to 189 million units from 178.4 million, even though he notes “we remain unclear about Apple’s ability to sell the iPhone 6 and 6 Plus in China, particularly in the December quarter, and we think China could affect the December quarter by more than 10 million units.”

Bachman also introduces his estimate for Apple Watch sales of 12 million.

 

[WoodPeckr]

Yeah.....Apple is starting to look like the GM of the tech world.....