Apple stock. Ouch!
The iPhone sales slow down but the rest of the company does well. And the market proceeds to punish the stock. I just don't get it. The stock should be well over $200 IMO.
spooky3
(34,458 posts)It will very likely bounce back soon.
emulatorloo
(44,131 posts)Also DU tends to look for bad news about Apple and get all hyperbolic about it. JMHO of course.
Tetrachloride
(7,847 posts)such as App Store
also China supply interference has gone up regarding gallium
KPN
(15,646 posts)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.
emulatorloo
(44,131 posts)KPN
(15,646 posts)Ive heard it. I believe that was in the sense that they have the largest market capitalization value. Apple and a few other companys like them have been given credit for driving much of the market rally this year.
Tetrachloride
(7,847 posts)a 10 percent drop would be share price of 162 and a PE of 26
bif
(22,720 posts)I take a look at its 1-year chart and I feel a whole lot better.
Tetrachloride
(7,847 posts)Tetrachloride
(7,847 posts)Tetrachloride
(7,847 posts)Sustainability is my question
emulatorloo
(44,131 posts)My take/experience is similar to spookys. But of course time will tell.