Archive for the ‘Why is Apple Stock Getting Clobbered?’ Category

Why is Apple Stock Getting Clobbered?

February 9, 2008

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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