that makes me wonder that aapl leaked it will miss earnings badly and have problems with sales. The big boys don't dump a huge company like this without having information. Something stinks.
For sake of argument, consider the situation where apple cut orders, but that cut still left existing orders in a magnitude that blew out analysts estimtes for Q2. Figure that out and you'll see what the story writers did.
Cutting orders played a very important role in the story, but it wasn't THE story. Uncortunately cutting orders became THE story and it engulfed every media outlet almost instaneously. Apple should have come out and clearly provided some feedback on the misplaced representation that the WSJ gave for what was going on with iPhone 5 demand.
No new news? really? How about lack of innovation, no OMG products, increasing loss of market share to all things Android, loss of cool factor with teen crowd, supply channel issues, internal issues, margin issues, quality issues etc etc etc
all touchy-feely stuff. They aren't going to sell EVEY mibile phone. When their growth rate falls below their PE, then talk to me. Otherwise it is all bogus. You people act like this is LULU with a PE of 77.
no that isnt news to them, not even the fact that apple missed 3 out of 5 earnings already so skittish holders are letting go...apple fan boys read selectively, all they hear is Gene Munster talk.. he is like a gospel preacher and his audience is bunch of whacked out fanatical devotees with little thought process on their own. Scary.
I have seen this many times. Unfortunately, it usually turns out to be warranted. I guess I will never learn my lesson because I am definitely holding my aapl shares until earnings next wednesday.
U love speculation and making it sound like fact ha? Lol.
Stock started dropping before anyone even had a clue what the product lineup for holidays were... But i guess big boys already new it would not be good.
Do u ever stand back and look at what u look and sound like?