MarketPsychData is a company that tracks hundreds of online sources like newspaper articles, blogs and tweets, to get a perspective of the public's emotional feeling toward 6,000 companies. With the data posted on a stock chart, professional traders use the information to make technically based buy and sell decisions. Based on the information collected by the firm, despite the recent collapse in its stock price, there seems to be as little more public confidence in Apple.
Apple shares have dropped sharply from the September 21st high of $705 (which not coincidentally was the date that the Apple iPhone 5 launched) to Friday's close at $390.53. Meanwhile, as optimism in the company slowly moves higher, the chart reveals that trust has really come off the bottom showing that the public is beginning to feel better about the Cupertino based company.
Could it be that rumors of an Apple smartwatch, dubbed the iWatch by the media, are making it seem as though Apple has its innovation mojo back? Or perhaps the rumored expansion of the Apple iPhone range to low priced models and different screen sizes is bringing a warm and fuzzy glow inside people once again.
While Apple's stock falls, the public is beginning to feel more optimistic and confident in the company
Create a free account and join our vibrant community
Register to enjoy the full PhoneArena experience. Here’s what you get with your PhoneArena account:
Alan, an ardent smartphone enthusiast and a veteran writer at PhoneArena since 2009, has witnessed and chronicled the transformative years of mobile technology. Owning iconic phones from the original iPhone to the iPhone 15 Pro Max, he has seen smartphones evolve into a global phenomenon. Beyond smartphones, Alan has covered the emergence of tablets, smartwatches, and smart speakers.
Recommended Stories
Loading Comments...
COMMENT
All comments need to comply with our
Community Guidelines
Phonearena comments rules
A discussion is a place, where people can voice their opinion, no matter if it
is positive, neutral or negative. However, when posting, one must stay true to the topic, and not just share some
random thoughts, which are not directly related to the matter.
Things that are NOT allowed:
Off-topic talk - you must stick to the subject of discussion
Offensive, hate speech - if you want to say something, say it politely
Spam/Advertisements - these posts are deleted
Multiple accounts - one person can have only one account
Impersonations and offensive nicknames - these accounts get banned
Moderation is done by humans. We try to be as objective as possible and moderate with zero bias. If you think a
post should be moderated - please, report it.
Have a question about the rules or why you have been moderated/limited/banned? Please,
contact us.
FCC OKs Cingular\'s purchase of AT&T Wireless
Things that are NOT allowed: