Smart phones are becoming commodity goods,fewer people can afford iphone or tradeup,layoffs is continuing on Wall street and Banks and internet compabnies,these are the people who will buy a smart phone,esp a $500-$600 iphone!
I am of the same opinion. Apple is ready with its new toy !!! Unbelievable, what is that? IPhone 6 (bla bla bla)? When can we expect IPhone 87 ? It is getting boring. Samsung (and other competitors) has obviously stopped R&D activities and is not going to release new products... eh eh. You are looooosing market guys !!! Your smartphones are cheap shiet and worse than eggs in treatement. It is not so cool to have new IPhone 123234717 cuz nobody cares about that anymore (even kids). You can catch idiots on your fingerprint sensors in the USA only. These are so useful as spare wheel in my bike.
Buffet only invests in things he understands, and one thing has become clear through years of watching him, he totally does NOT understand technology more complex than that which has observable moving parts.
Well, we have the drop from Nov 8th (dividend day) during the 8th/9th period, then back up . . . what's so surprising about that? As far as it being "all pretty negative", that's typical here when the institutions bribe their press friends to hammer on Apple so they can gather as much of it for themselves as possible.