How concerned should we be about AAPL's earnings report if they feel the need to have a massive product upgrade launch session 2 days prior, and new product orders starting two days after Q4 / year end earnings? Almost feels like the stock price is a balloon and they're trying to blow air under it to keep it afloat. I'm an AAPL long but at this point, I'm looking for one last pop before taking profits. Am I too late? Will we see $700 again this year?
I'm not going to lie, I thought the same thing. But I choose to focus on the next two quarters ahead. Apple will sell well through the holidays. They just refreshed their entire line, from Imac to Iphone. That is a powerful thing.