2 years agoFrom CNBC’s “Apple’s fundamentals haven’t changed” posted Thursday:
Kelly Evans discuss why Apple shares are on pace for their worst day since mid-March amid the overall tech sell-off with Tom Forte of D.A. Davidson and Tim Higgins of the Wall Street Journal.
My take: The 9-month chart puts today’s move in better perspective…
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on Premarket: Apple is red 'Monday being a holiday I don’t expect much change today. Volume looks light.' on Apple’s iPhone 14 is already a hot ticket item among Chinese scalpers 'I’ll be in line for an iPhone 14. I get a new iPhone about every three years. I could get…'
Short-Term : profit-taking selloffs.
Great Health during COVID : Fundamentals. At-home demand.
Coming soon : 5G
Long-term : Fundamentals. Re-opening of Economy.
And under product upgrades (coming soon) 5G is the biggest, but watches will be a great upgrade, and we should see solid upgrades with the laptops, iMacs, and the Mac Pro & Mini