Why apple stock price falling yesterday after new iPhones announcement?
Checked up apple stock price last day to see any upward shifts after the announcements of the new iPhones and i found out that the price fall by 5.44% . Don't know why after the new iPhones announcement. I'm about to find out. #apple #stock
why is that? It should go up after the new iphones? Can anyone explain please?
Stock prices are based on expected future return. The phones were meh - they'll sell (especially the 5s) but they weren't revolutionary or something that competitors don't already do.So, Apple's future is looking a bit less promising.
Why are you asking this question again? You asked 15 minutes earlier as well.
People were expecting a china mobile deal today and it didn't happen. I'm impressed with 5S and the Docomo deal, but more importantly for the stock was the china mobile announcement today and it never occurred.
Because investment banks downgraded their performance.
About 4 investment banks downgraded their performance/position and hence people sold the shares
EDIT
Investment banks are businesses which specialize in equity (shares). They often rank shares as buy, sell etc
Read this
http://www.forbes.com/...y-and-ubs/
So when a huge multi-billion dollar firm puts a sell rating on a share, it is obvious that people will sell the share, hence the share will fall.
There's more to it, but that is the general idea. It is also the same when they upgrade the rating, i.e. Put a buy rating. This would increase a share price.
However, since the rating was downgraded, people would sell it
- Will the release of a product increase stock price? I don't understand how stock works If I buy apple stock right now, will it increase in september because they announce a new iPhone? Or if I buy sony stock, will it increase because they release the ps4? I'd like to think so, but that would be too easy
- Will the iPhone 5 be in stock after a month? I've got an upgrade on around October 20. Do you think the iPhone 5 will be in stock at most stores by then? I live in a Somerset, NJ, a suburban but very wealthy county if that helps you in any way.
- Will Apple Retail Stores refill stock one day after launch day? If in any way an Apple Retail store runs out of stock after launch day of the new iPhone 6, is there any chance that by the next day there will be new stock already again? Or does sold out mean = sold out for a few weeks.
- What time is the iPhone 5 announcement? What time is the announcement for the iPhone 5? If so, is there a live stream anywhere for me to watch?