APPLE STOCK

Michelle Ong
2022-05-13

Apple(NASDAQ:AAPL) stock has been trading in the red after it predicted a $4 billion to $8 billion reduction in sales due to ongoing supply constraints.

Coronavirus-led restrictions in China are likely to take a toll on the company’s quarterly performance in June. Its fiscal second-quarter profits and revenues came ahead of analyst estimates, fueling strong demand for its digital services and the iPhone. Hence, the troubling outlook has cast a shadow on another rock-solid performance by the iPhone maker.

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Comments

  • littlesweetie
    2022-05-13
    littlesweetie
    If you’re beating on the shorter time frame, you’re fucking nuts! Because on the monthly, it’s looking like there’s a major storm coming I say Apple will hit 120
  • MatthewWalter
    2022-05-13
    MatthewWalter
    386 b revenue minus the 218 b cost of revenue. no Bueno at this time. notice all the puts near next er. that's where u want to be.
  • FranklinMorley
    2022-05-13
    FranklinMorley
    It's too fast, meaning institutions are also dumping their be loved shares of Apple, Microsoft to cover their loss on small/mid caps.
  • JDhope89
    2022-05-13
    JDhope89
    Good luck to all!
  • Niskil
    2022-05-13
    Niskil
    Why so much talk abt appl?
  • SR050321
    2022-05-13
    SR050321
    My first choice of phone, 👍
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