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
(37,658 posts)It will very likely bounce back soon.
emulatorloo
(46,043 posts)Also DU tends to look for bad news about Apple and get all hyperbolic about it. JMHO of course.
Tetrachloride
(8,850 posts)such as App Store
also China supply interference has gone up regarding gallium
KPN
(16,770 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
(46,043 posts)KPN
(16,770 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
(8,850 posts)a 10 percent drop would be share price of 162 and a PE of 26
bif
(25,934 posts)I take a look at its 1-year chart and I feel a whole lot better.
Tetrachloride
(8,850 posts)Tetrachloride
(8,850 posts)Tetrachloride
(8,850 posts)Sustainability is my question
emulatorloo
(46,043 posts)My take/experience is similar to spookys. But of course time will tell.