I mean this could be a massive one - two punch for the company today. No China Mobile deal for the foreseeable future and then at 2 pm the Fed announces the start of tapering. Apple could dive 20% or more come 2:01 pm today. Scary stuff
Dude, if you think there's even a 1% chance that the Fed will tighten even within the next 2 years you need to go back to investing 101. As literally any media will tell you (if you have the capacity to understand) tapering is not tightening. Repeat after me; "THE FED CAN'T AND WON'T TIGHTEN FOR YEARS"
Fed is not tightening (raising rates). Period. They could taper (buying less), which I doubt until the new fed chief is in office. Give it up. As for China Mobile - you can't be serious. Of course it's gonna happen.
Just sold - Stock is set up for a big sell off with no new products on the horizon and China Mobile pretty much saying "we don't need iphones" to make money. Its a mistake to hold here thinking the stock will go higher. If anything it looks like the company could miss big time next few quarters and stock could retest $450 or lower.