As mentioned, the Apple case has been the product of the U.S. policies and social fads as well as its own product/globalization strategies. One might have to see the larger picture and longer trend behind Apple's stock performance .
From Zero Hedge:
We have seen bigger drops in AAPL's share price and each time that dip has been bought. Critically though, not just nibbled on but backed-up-the-truck volume surges as AAPL's price fell as what seemed like institutional buyers using any dip to grab some high-beta meth into this trend. The current almost-10% drop is missing this volume surge - where are the BTFD'ers? But, but, but what about iTV, the mini-iPad, and the pending vendor-financing corporate spin-off?
http://www.zerohedge.com/news/2012-10-08/why-its-different-time-aapls-icorrection
Tuesday, October 9, 2012
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