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See the original image at macrumors.com —

Analysts Downgrade AAPL, Apple Stock Dives Over 17%

macrumors.com — Apple stock has closed today at $105.55 per share, down 17.69%.

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  • nato64, on 09/29/2008, -1/+5Well, crap.
  • angusm, on 09/30/2008, -0/+1Apple has hinted at another product announcement before the end of the year, and said that it will sell at lower margins. There are rumors suggesting it could be something novel, rather than a feature bump of an existing product line (although that's likely too).

    Unless the entire economy goes down the toilet before then, I'd expect their share price to pick up a bit when that happens. However, I expect that the people who've figured it out are also watching to see if the price will slide a bit further before buying in.
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