Z
Zach Epstein
Guest
Apple is doomed! The iPhone is done! The high-end smartphone market is saturated! No one is upgrading to new handsets anymore! Tim Cook is lost and has no idea what he's doing! To glance over recent headlines and themes being tossed around by tech bloggers and many analysts, things are looking pretty bleak for the largest company in the world by market cap. Then, matters were made even worse when Apple caught investors off guard and posted a massive drop-off in iPhone sales during the March quarter this year. Apple's share price plummeted and doomsday preppers crowed that the end was in sight. Then Apple beat estimates and offered impressive September-quarter guidance when it reported its fiscal third-quarter results in July, and the stock is up nearly 12% since then. Of course, anytime Apple dips big funds seize the opportunity.(more…)
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Via BRG - Boy Genius Report