Paul Ausick, 24/7wallst.com:
Apple Stock was trading at $103.02 about 15 minutes before Monday’s opening bell. The stock’s 52-week range is $63.89 to $103.74.
To say that this is a true disappointment may seem like it is “fire for effect.” The problem we have with the press release is that if it was truly phenomenal news then the stock would be up several percent and hitting new highs yet again. So far, that is not the case Monday.
Clearly this joker hasn’t been watching AAPL very long. Most of the time there is a dip after a a major event like this (keynote, preorders, product release).
I challenge this guy to show when in Apple’s history its stock went up several percent after “truly phenomenal news”. I would say 4 million preorders in 24 hours is “truly phenomenal news-no matter what company announces it.