Investors Not So Excited About Macworld

[Jeff Campbell]

<div class='os_post_top_link'><a href='http://www.tuaw.com/2009/01/06/apple-shares-slide-following-keynote/' target='_blank'>http://www.tuaw.com/2009/01/06/appl...lowing-keynote/</a><br /><br /></div><p><em>"Here's a shocker --&nbsp;</em><em><a href="http://www.reuters.com/article/marketsNews/idUSN0642390020090106?rpc=44" target="_blank">Apple shares slid</a></em><em>&nbsp;0.7 percent (as of this writing) after Phil Schiller concluded the company's last official keyonte address at Macworld Expo. Robert Francello, head of equity trading for Apex Capital hedge fund in San Francisco, blamed "...no true blockbusters" for the market's reaction."</em></p><p><em><img src="http://images.thoughtsmedia.com/resizer/thumbs/size/600/at/auto/1231350643.usr105634.jpg" /></em></p><p>It appears investors were also underwhelmed about the Macworld keynote. I'm with them, I expected more since it was the last time for Apple, here is hoping they will come up with some "knock it out of the park" announcements this year to make up for it!&nbsp;</p>

[doogald]

Boy. you'd think that they cared more about the slide that said Apple sold 37.7% more Macs last year than in 2008, vs. 15.2% growth in the PC market. Rather than react to rumors and innuendo . . .

[Vincent Ferrari]

Boy. you'd think that they cared more about the slide that said Apple sold 37.7% more Macs last year than in 2008, vs. 15.2% growth in the PC market. Rather than react to rumors and innuendo . . .

You would if investors were logical people ;-)

[Jeff Campbell]

You would if investors were logical people ;-)

Thats for sure, logic never seems to be part of the voodoo they call investing!

[Macguy59]

Gee remind me again why Apple is pulling out of this event ?

[ptyork]

Probably more disconcerting was seeing the recent drop in Mac sales (significantly higher relative to PC sales). This points to a higher sensitivity to recessionary pressures, and recession is an unfortunate reality. Not putting out a product that in any way addressed their appeal to price conscious buyers no doubt hurt quite a bit. Investors are reactionary, but markets tend to, as a whole, react appropriately. Saw no complaints when the stock price soared (rightfully so) with the announcement of the iPhone. Palm investors sure aren't complaining today, incidentally. :)