GOOG has competition...another apple-like drop waiting to happen.
Apple didn't drop until it's competition caught upto it.
GOOG is losing put on ads to facebook and now losing to yahoo on searches.
Google about to repeat apple's big slide once it's earnings are reported in oct.
See you at 550.
" Apple didn't drop until it's competition caught upto it. "
That's completely wrong. Apple's drop starting in Sept. 2012 was because inst's started to take profits off the table in response to the end of Apple's then current product cycle. The stock has recently recovered over 110 points, due primarily to the anticipated new product cycle. The "Icahn Effect" obviously has had a significant impact, but the turnaround was already well underway. Further, Icahn entered the picture precisely because he sees this, and understands the tremendous under valuation of the stock.
Google stock has sold off significantly from its recent high because inst's have moved $'s out of it and into other places, including ..... Apple.