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Apple stock. Ouch! (Original Post) bif Aug 2023 OP
In my experience, people overreact to mildly bad news from Apple. spooky3 Aug 2023 #1
Sounds about right. emulatorloo Aug 2023 #11
iphone sales are seen as drivers of their other segments Tetrachloride Aug 2023 #2
Hmmm ... isn't there a saying "as APPL goes, so goes the market"? Maybe the money managers KPN Aug 2023 #3
No we can do it Aug 2023 #4
No, never heard that. emulatorloo Aug 2023 #12
Hmmmm ... I have and actually heard used by a financial advisor I use relatively recently. KPN Aug 2023 #14
... emulatorloo Aug 2023 #15
Yes. GoodRaisin Aug 2023 #16
PE ratio is 29 Tetrachloride Aug 2023 #5
Whenever I see a dip like this bif Aug 2023 #6
analysts Tetrachloride Aug 2023 #7
Several years ago, AAPL changed its way of giving guidance Tetrachloride Aug 2023 #8
Gross margins are quite high Tetrachloride Aug 2023 #9
FWIW People have been claiming Apple was going out of business any day now since the 90s. emulatorloo Aug 2023 #10
Exactly. If only I had had the courage to buy their stock in the 90s... spooky3 Aug 2023 #13

spooky3

(34,458 posts)
1. In my experience, people overreact to mildly bad news from Apple.
Tue Aug 8, 2023, 12:48 PM
Aug 2023

It will very likely bounce back soon.

emulatorloo

(44,131 posts)
11. Sounds about right.
Tue Aug 8, 2023, 02:35 PM
Aug 2023

Also DU tends to look for “bad news” about Apple and get all hyperbolic about it. JMHO of course.

Tetrachloride

(7,847 posts)
2. iphone sales are seen as drivers of their other segments
Tue Aug 8, 2023, 12:52 PM
Aug 2023

such as App Store

also China supply interference has gone up regarding gallium

KPN

(15,646 posts)
3. Hmmm ... isn't there a saying "as APPL goes, so goes the market"? Maybe the money managers
Tue Aug 8, 2023, 12:59 PM
Aug 2023

see something coming and this is just a self-fulfilling adage this time around? The markets have been totally nonsensical to me almost since TFG descended down that elevator in 2016.

GoodRaisin

(8,924 posts)
16. Yes.
Fri Aug 11, 2023, 06:23 AM
Aug 2023

I’ve heard it. I believe that was in the sense that they have the largest market capitalization value. Apple and a few other company’s like them have been given credit for driving much of the market rally this year.

emulatorloo

(44,131 posts)
10. FWIW People have been claiming Apple was going out of business any day now since the 90s.
Tue Aug 8, 2023, 02:32 PM
Aug 2023

My take/experience is similar to spooky’s. But of course time will tell.

Latest Discussions»Culture Forums»Personal Finance and Investing»Apple stock. Ouch!