Brocco
2022-09-30

$Apple(AAPL)$From high $176 to current$142. Apple being a technology company were already badly affected by the high inflation and Fed interest hike. 

Currently, their best selling iPhone production also stop as demands aren't as high as expected despite the initial launch craze. But looking at the enhancement compared to iPhone 13 it's not a surprise whythe overall sales will drop as iphone 14 seems to focus more on safety.

Will expects it to follow the general trend if inflation not in control the price likely to continue falling

Apple: Will "The Cut" Continue To Drag It Down?
AAPL once fell 4% to $144 on 29 Sept because of production cut news. The market later was lifted by BoE intervention while AAPL still closed down 1%. Do you think market rally will disconnect with Apple's performance or not? Do you think this news will continue to drag it down in Oct.? Or are you bullish on Apple's shipments? Join out topic and post to win tiger coins~
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Comments

  • BenjiFuji
    2022-09-30
    BenjiFuji
    If thr price goes to $120… or $100… [Miser]
  • JessieTheresa
    2022-09-30
    JessieTheresa
    iphone 14 focused more on safety, but it wasn't supposed to... iPhone should always be secure, who knew it had those serious problems for so long
  • WernerBilly
    2022-09-30
    WernerBilly
    Apple used to be the guard of the market now it crashes before the others... so sad.
  • DaveLewis
    2022-09-30
    DaveLewis
    approaching my target price
  • JuliusGoldsmith
    2022-09-30
    JuliusGoldsmith
    👍Cheap one already, but it can be way cheaper!!
  • Trevelyan
    2022-09-30
    Trevelyan
    of course, not only the cut will drag it down🐻
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