All The Latest Cell Phone and Mobile Electronics News
29 Sep

Apple shares took a 17% tumble today. Everybody else who’s anybody saw their shares dropping valuable points today. No matter what business we are talking about, its shares took a smaller or bigger plunge following the Nasdaq and Dow Jones.
The $700 billion emergency bailout failed to pass the House today creating one of the worst trading days in Wall Street ever since 9/11. The Dow Jones lost 800 points which is its personal worst ever.
The financial crisis in the U.S. will have a deep impact all over the world. Besides Apple other important manufacturers in the mobile business have seen significant share price drops. Nokia, Google, Microsoft, HP, Dell and so many others will be counting on those able to come up with a solution to do just that. The vote was very close. 228 against it and 205 for.
But hey, let’s see what tomorrow brings. In the mean time, get a hold of your broker. He should tell you what you should do with your shares if you have any.
Tags: Alltel, Apple, Dell, Google, Google, HP, microsoft, microsoft, Mobile News, Nokia, Nokia, Other Brands
5 Responses for "Apple’s Shares Are Down; Everyone’s Shares Are Down"
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[...] Apple’s Shares Are Down; Everyone’s Shares Are Down [...]
I’ve been reading quite a bit about this “slow down due to Consumer confidence” Life Ionizers had the best Internet Sales today ever; Consumer confidence in my experience, and according to history, is really a change in consumer interest. History shows us that in Low Market periods (including the great depression) spending rises in many areas (entertainment, health, advertising etc). So the Apple drop, the Google drop and the Amazon drop are all fleeting figments of panic, and just like a few weeks ago, Google, Apple and Amazon will all climb back to their original positions.
So while this panic is going on, I’m going to drink some alkaline water, download some music to my iPhone and go see a movie, just like most of America is doing tonight.
[...] Via mobilewhack [...]
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