SG 88
08-29

$Apple(AAPL)$   whether Apple can prove that its product innovation can lead the game lies on 9.9 events.

With combination of the worlds most powerful phone set together with AI build in, one would expect to be WOW by such events.

Though it remains to be seen how such event outcome would lead the smart phone sectors with a WOW effect ending the year end cycle with higher valuation

Buffett Holds a Record Cash Pile: Any Thoughts on Apple and Market?
Berkshire Hathaway reduced its holdings of Apple stock by nearly half in the second quarter and further reduced them by about 25% in the third quarter. This has left the conglomerate with only a small fraction of the Apple stock it held at the beginning of the year. Previously, Apple fell after earnings. Berkshire's cash reserves have reached a record high. As of the end of the third quarter, the company held $325.2 billion in cash. ---------- Has the moat of Apple disappeared or not? How will the stock move? Is a bear market coming as Buffett holds record cash pile?
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