What ever Apple is going to do. they needed to do it. I own the stock and have for years. I have never been this close to selling. Apple is underperforming and not growing. With the companies lack of growth the stock value will settle between $75 and $90. until growth develops. They are not growing revenues with AI or VR or auto or TV or phones or Music. China has restricted their presence which is where they planned the most growth and India doesn't have the consumer that can pay over $200 for a phone. Dropping margins, Lowering phone prices and not cutting overheads will cost them business. Apple is over until they create new revenue with an exciting story. It may be September 2017 before that happens. I call this a debacle.
The article said the fire was in the duct system on the roof and it will not present any production issues. Believe what you want. Goggle the article.
Rumors just like last quarter. Analyst are looking into crystal balls. Just like last quarter. Got it wrong then and have it wrong now. The future is bright for Apple. Cook shared last quarter how wrong the analyst were and was accused of crossing a business integrity rule. His attorneys won't allow him to share information this quarter.
Have you been to an Apple Store this holiday season? 6S and S+ are selling. The new purchase program is influencing earlier trade -ins. China continues to love and buy the product and a smaller cheaper phone for India will be a natural success. Apple will have their best quarter ever. Earnings will exceed all expectations. Best Buy is having their best holiday season in years.
Where do you see the downgrade? Please provide link. Apple to 117.24 in premarket.
Monthly service cost are there either way, What are you paying now? If you chose to live with antiquated equipment, it is your choice.
The New Generation of phones is screen size, texting keyboard size, and photos. Makes communication much easier for todays user. Leasing a phone makes it EZ to get your hands on one if you are already living on a tight budget. Barrons article outlines the benefit to investors. Great marketing on Apples part. The watch is advancing and will be a big piece of the future product connection especially with Apple Pays increased popularity and the benefits from the health care programs.
September is always a volatile month. Apple can hold up with the product presentation on the 9th. The market trend will shift in October and we will be back to more positive trends through year end. No reason to sell now unless you are a day trader. Good things are on the horizon. China will be okay.
This information has been out. It was discussed in March as a possibility. Probe has been ongoing, and Apple swears they have executed their actions based on the law
The Friday options and the quiet period leaves the price wide open to volatility until we get earnings and announcements. The trading range is tight with no volume. Up first thing in the morning and then down in the PM. This is a traders game short term. It will all change soon. Certainly is no volume selling or buying.
Need the share buyback to kick in again, or we go nowhere. $126 to $128. Earnings and announcements will make the big difference. We need to get out of this quiet period.
Sentiment: Strong Buy
RJF moved Apple to Market Perform from Outperform. Not a big deal. The numbers will be better than expected.
Who flushed all the good news? The 6 and 6plus have captured additional market share for Apple this quarter. Continued growth and improved international results will be recognized at quarter end. Cash is growing to new levels and the share buy back program and dividend announcement are imminent
Misrepresenting the downgrade as an underperform is not fair to people reading this board.
Have missed your chart analysis and common sense.. Arb is probably on his private jet and made Vegas on other investments. Who is the Rude guy? Certainly no one with your knowledge.