John Paczkowski

Recent Posts by John Paczkowski

Apple Stock Slides Again as Fall Swoon Continues

Apple may well be destined for a $1 trillion market cap, but it may take it a bit longer to get there given the performance of the company’s stock lately. The end of 2012 is proving to be a brutal season for Apple shares.

Apple’s stock finished the day Wednesday down 6.43 percent at $538.81, beaten down amid continued volatility. And while it’s up 36 percent for the year, it’s down more than 20 percent from the high of $705.07 it hit in late September. That’s an ugly decline.

Apple is heading into the holidays with one of its strongest product lineups in recent memory, so why are its shares taking such a beating?

That’s not at all clear, though there are myriad theories: Fears that Apple is ceding tablet market share to rivals; the company’s refusal to issue a special dividend; concerns that iPhone sales may be a little lighter than expected; reports that clearing firms are hiking margin requirements on Apple’s stock; Nokia’s announcement that China Mobile will carry one of its new Lumia smartphones.

In truth, Apple’s recent swoon is likely being driven by a combination of all these things, which are together shaking investor confidence. Question now is, what will it take to restore it?

Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work