Click to vote. Can you predict where $Apple(AAPL)$ will move following September events? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.
Apple is expected to debut its iPhone 15 lineup Tuesday at the company’s annual September keynote event. Last week, Apple's stock price has dropped on two consecutive days, with a cumulative drop of 5.95%.
Spoiler alert! Here's the script for Apple's iPhone 15 event before it happens | Macworld
According to media reports, Apple's recent downturn can be attributed to two main factors. As a first point, the entire smartphone industry is experiencing challenges, and Apple is not exempt from these challenges. Apple's overall revenue is expected to decline for the first time since 2019 due to sluggish iPhone sales.
Another crucial question is whether Chinese consumers will embrace the iPhone 15 as they did in the past. The market has been a bright spot for Apple, but government bans have raised concerns that this sentiment could reverse. Apple has encountered a similar situation before when it struggled in China during the 2019 fiscal year, but demand eventually rebounded. Investors will closely monitor holiday sales to see if Apple can weather the storm.
💰Activity Details
Click to vote. Guess where $Apple(AAPL)$ will move following September events? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.
For example, If 10 Tigers get the right answer, each will receive 100 Tiger Coins. If 100 Tigers get the right answer, each will receive 10 Tiger Coins.
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⏰Event Duration
The deadline for this event is 23:00 on 12 September2023
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