cheapest Apple Phones, to be sold the Emerging Market countries will be TRADED IN older units, refurbished with new glass...etc. in the low-cost labor same $1 an hour factories Apple phones now made it in China.
Sure it will, after it drops another $150 then it will add on $50. All the hype, babble and rationalizations, are just emotional wishful thinking. Reality is simple: peaked at $700 plus, was way over priced. Drops down, small rally, markets tank, down it goes and retests LOWS. Only a fool is long this market now. Profits may ALL vanish. Why? Huge correction in markets will take down everything. That IS reality folks. And historyindicates likely scenario here. Stick your head in the sand and lose. What is the win here vs likely losses through September? Everyone knows the news. It already moved the stock. Now it will be a sell.