There's a lot of reason to be positive still. The potential restarting of the Apple car team, the move into chip design, the maintaining of a strong demand for its premium products, the recent upsell of the iPhone range (more demand for the plus or pro models as consumers feel it's more worth to pay the premium than just buy the base model), AppleTv's exploration intooffering exclusive sports content (MLS, maybeBundesliga? Tim Cook recently met up with Bayern Munich's CEO). All these positives don'ttranslate to earnings growth yet.. BUT if you're holding a very long outlook, there's no reason to panic. Hold or invest in your position. Apple is still the company we know it to be: A strong premium brand with products that provide desirable lifestyle solutions to its users.
$Apple(AAPL)$
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~
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments