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Brier Dudley's blog

Brier Dudley offers a critical look at technology and business issues affecting the Northwest.

October 23, 2012 at 12:27 PM

Wall Street balks at iPad Mini pricing

Investors apparently aren’t keen on Apple’s plans to charge $329 for the iPad Mini — $130 more than the starting Kindle Fire.

They seemed warm to the sleek new iMacs and MacBook Pros and the refreshed version of the iPad, which led the company’s press conference beginning at 1 p.m. Eastern today.

But take a look at what happened to Apple’s stock when the mini iPad’s price was revealed just after 2 p.m. Eastern, in these charts from Yahoo Finance:

appmini.jpg

About the same time, investors fired up on AMZN:

amznmini.jpg

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