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View Full Version : Apple shares in 2015 suffered their first negative year in eight years



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01-04-2016, 08:10 PM
http://l3.yimg.com/bt/api/res/1.2/jqRGr..L_I.vtfcXZVaJvA--/YXBwaWQ9eW5ld3NfbGVnbztmaT1maWxsO2g9ODY7cT03NTt3PT EzMA--/http://media.zenfs.com/en-US/homerun/digital_trends_973/b81a824e7de15a34c8d2c3b66deb52ee (http://news.yahoo.com/apple-shares-2015-suffered-first-232133611.html)All throughout 2015, Apple consistently reported record-breaking earnings for each of its financial quarters. Interestingly enough, however, those earnings did not translate to-a positive finish at the stock market, as Apple experienced its first down year since 2008, reports Reuters. Apple-shares capped off 2015 at $105.26 this past Thursday, which is down 4.64 percent from-the start of 2015 and down 21.76 percent from the company’s all time high of $134.54 last April. In addition, Apple stock was negative 2.06 percent for the day. Related: Apple raises iPhone, iPad prices in Germany to pay royalties to porn filmmakers and actors Naturally, this affected-Apple’s market capitalization, which fell $57 billion. In fact, since Apple’s inclusion in the Dow Jones industrial average last March, Apple’s value has fallen 17.5 percent. As for what led to-Apple’s down year in the stock market, analysts from RBC Capital Markets, J.P. Morgan, and Morgan Stanley point the finger at Apple’s decreasing momentum. More specifically, the concern seems to be surrounding-reported-lower-than-expected iPhone demand.-Kantar Worldpanel’s recent report, which showed that the iPhone 6S accounted for lower iPhone sales in the three months ending in October than did its predecessor, seems to corroborate-this worry, as well as the concern that the iPhone 6S and 6S Plus won’t duplicate the success that their respective predecessors experienced-in 2014 and throughout 2015. FBR & Co. analyst Daniel Ives recently spoke with-CNBC-and claimed that-Apple’s armor may finally be showing some gaps. “I think the blooms are coming off the rose a bit for Apple. Not just in terms of the multiple, or in terms of what investors want to pay, but in terms of products,” said Ives. “It’s a make-or-break, white-knuckle period for Apple.” Related: Furious iPhone 4S owners sue Apple for $5 million, alleging iOS 9 crippled their phones Wall Street, however, isn’t quite as convinced of Apple’s eventual downfall, with zero out of 49 brokerages issuing a “sell” rating. There are several reasons for this,-the biggest being just how many products Apple announced in 2015 and the revenue streams that they could eventually produce. In addition, Apple is set to refresh its iPhone, iPad, Apple Watch, and Mac lineups for 2016. Finally, and just as important, is the landscape the iPhone 6 and 6 Plus entered in 2014 versus 2015 with the iPhone 6S and 6S Plus. Many were excited to see how Apple would respond to the big Android smartphones that showed that people-would easily embrace “phablets.” With the 6S and 6S Plus, however, people already knew what to expect, with excitement in the “phablet” scene seemingly dying down a bit and the pair of smartphones representing the “S” cycle in Apple’s smartphone strategy. If anything, people-might be holding their excitement for what the iPhone 7 has in store. Also watch: Apple CEO Tim Cook dodges softballs on CBS' 60 Minutes Please enable Javascript to watch this video



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