Apple should take 20% stake in Tesla instead of buying shares when their market cap is $490 billion. apple has one product and sales are declining. once Apple halo effect is gone, earnings will sink.
the Apple halo effect is disappearing. look for major earnings decline. Apple will make below $8 a share this year. then the earnings decline will be rapid. maybe $4-5 per share.
lost $200 million in a quarter. that is not good.
according to chart. setting up for head and shoulders chart.