In this week’s Digital Dish, BusinessWeek reporters dig into the steep slide in Apple’s shares, troubles with social networks and more analysis of the Microsoft-Yahoo! deal.
Last year, Apple was among the world’s best-performing companies and stocks, more than doubling in value. This year, it’s stock has entered a tailspin. After hitting close to $200 on December 28, Apple shares have plummeted nearly 40% to $121, before bouncing back to $125 yesterday. What’s going on?
Among the reasons for Apple’s slide that we highlight: A thin product pipeline with no blockbuster products for 2008, a softening economy and possibly weakening sales of the iPhone. Check out this week’s show to see the full discussion.
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Tags: Apple, BusinessWeek, Microsoft, social networks, Yahoo
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