Originally Posted by minderbinder
I did check the chart - at most AAPL was only down about 3% more than the dow, as I said a couple of points. I guess we just don't agree whether three percent is "quite a bit more".
Sigh... don't know why you keep on minimizing this... incorrectly too.
AAPL closed down 5.60% today. The market as a whole closed down 0.82%. The difference was close to 5%... not "3%"... and not a "couple of points". Another way to look at it is that AAPL dropped almost seven times more than the market as a whole, percentage-wise.
So, let's just face it, the market did not like what they heard.
People always try to insist that the stock price somehow "proves" that the market hates apple's new announcements, and today sure looks like one of the times there's no real evidence for it - apple generally went up when the market went up and down when the market went down.
Except that AAPL went down quite a bit more than the market did, post-announcement. And 'people' are often right.
Don't get me wrong, minder... I really wanted to love the new announcements, I really did. But Steve cocked it up. No FW, and only a token toe-dipping into the sub-$1K market via the old model. Kinda sad.
At least they finally put SuperDrives in across the lineup.