Saturday, March 24, 2012
Apple and the risks of trading 29,000 times per second
A mistake in the stock market on friday leads companies such as apple questioning software stability. On friday BATTS and APPL stocks dropped by $55 due to a software malfunction. These drops were quickly reported and erased. Unfortunately this is not the first time that there has been a software malfunction. There have been a few different instances of software malfunctions and companies are beginning to question why the results of these malfunctions are always a decrease in stock value.
Subscribe to:
Post Comments (Atom)
2 comments:
I recently read an article saying that Hong Kong is replacing their financial compute system because the current one is old.
Interesting this happened to Apple on Friday. Saturday morning they sent out mass texts for free ipad 3s.
Post a Comment