Apple rises, Facebook falls

>>> swings for two of the country's most recognizable tech brands but in opposite directions. apple officially became the most valuable public company in history yesterday while facebook shares took yet another tumble. let's take a peek at what apple is doing right now. you can see that apple is right now at 6.61 and change and we can see facebook right now trading over on the nasdaq at 19.45. so under $20, you can get shares of facebook for the price of one share basically of apple . think about this. the amount of facebook you can buy, i can't do quick math but that's why we have dan ackerman here who can talk about the tech giants on this. so apple obviously gangbusters, doing great. they have a new iphone coming out, the ipad mini. the projected growth is wonderful for this company. is it sustainable, though?

>> that's a good question for apple as they've gotten to this annual upgrade cycle. every year they will have a new iphone, probably a new ipad and occasionally they come out with something like an ipad mini or apple television set that at least gives you something to look forward to every year, something concrete to go out and buy. that's what people like and that's what the stock price reflects.

>> facebook 's first major investor sold 20 million shares of stock in the company. do we think we will see more big stock dumps like that moving forward? now it's under $20. there was speculation about where it came on in the mid 30s when people could buy, after the ipo, but it's just continually tanked.

>> it was priced too high to begin with. they flooded the market with too many shares and that's why it's fallen into a more natural price of around $20 where it stayed for awhile and the stock is worth just what people will pay for it. if that's the natural value it is. a lot of people will sell the shares because that lockout period has expired where if you're an early investor you could not sell on day one. that's why we're seeing a lot of people turn it over which will not raise the price in the short term.

>> how does this affect their brand moving forward? it was white-hot and people wanted in on this but to see it kind of flailing along the way, it doesn't really boost investor confidence for the long haul.

>> i think what you're seeing is this maturation from a hot startup to a more established company. with that, you have to answer all those questions a startup does like how are you making money, how you going to take care of your investors and shareholders and these are the issues that facebook will have to wrestle with as it transitions from being a creative fun place to sort of a more buttoned down business place.

>> it's the tale of two different tech giants. they're both here to stay for the long haul. we'll continue to watch their prices. but apple , should have gotten that a long time ago.