Apple stock plunges 12%
http://money.cnn.com/2013/01/24/investing/apple-stock/index.html?iid=s_mpm
Summary: Apple's stock is keep fallin down. Apple's stock has dropped more than 35% since September when it was the highest point. It is keep falling down because of the investors. Investors now fell skeptical because of the iPhone maker's growth prospects.
Apple's forecasts show that the consumer demand for its product is slowing down especially iPhones.
Because of the decline, Apple is relatively bargain. When we compare with Google, google is earning 16 times of their expected 2013 earnings.
To become most valuable publicly traded company in the world, Apple nudged out Exxon Mobile one year ago.So Apple holds the highest place, but they are narrowing down.
Related to our studies: We learn about stock markets and how they are affecting the country. We also are playing game about the market place and how we should invest to the companies by learning about how the stock is working. So as we see this article, we can realize that people would not buy Apple's stock a lot.
Opinion: As I see the graph of the Apple, they should have more creative product or some kind different from what they usually selling. If the Apple just keep goes like this, the company might collapse. As I'm using their product, I wish they do not collapse. I heard lots of complaining from people and they say Apple's phones are almost all same. It is not good to have downfall for a long time. It is now time to go up.
Picture from:http://money.cnn.com/2013/01/24/investing/apple-stock/index.html?iid=s_mpm

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