Apple Stock Drops After Announcement Of New iPod That Everyone Is Going To Buy


The market, she’s a fickle mistress. I’ve been holding out for quite some time for a new music player because nothing’s turned my head in the last couple of years but I can tell you unequivocally that I’ll be buying the new iPod without hesitation.

Apparently, Wall Street doesn’t have the same feeling that I do — Apple’s stock has been declining since the minute Steve took the stage. I know, it doesn’t make sense to me either. I’m sure we’ll hear why over the coming days (probably has something to do with all the price cuts) but for now, here’s a pretty graph.

AAPL: 138.10 -6.06 (-4.20%) – Apple Inc. [Yahoo! Finance]