Apple’s $100 billion drop sends stock to 5-week low as iPhone demand questions linger

    https://www.forbes.com.au/news/investing/inside-apples-100-billion-drop/

    Posted by Similar_Diver9558

    22 Comments

    1. Middle_Name-Danger on

      I quadrupled my December $280 calls today. I plan to double my position again tomorrow if I can keep buying them at a discount.

      I don’t expect any further bad news for Apple, so now it’s just macro stuff that will move the price.

      Apple gets the biggest slice of every dollar that flows into index funds (generally speaking). It will move up with the rest of the market from rate cuts.

      Edit: for anyone that thinks my strike price is stupid, put your money where your mouth is and **sell calls to me**. My order is in at $0.15. I only have a few thousand more to throw at this so get your free money quickly tomorrow.

    2. no meaningful iphone upgrades by consumers until apple stops fucking around and makes

      “hey siri can you get me tickets to tonights game?”
      “Ok. I found two for $xxx. would you like to complete the purchase? activate with faceid”
      “yeah.” *puts stupid fat fuck face into the iphone*

      “Purchase completed. Would you like me to schedule an uber for you as well?”
      (uber is recommended because they pay apple a shit ton of money to be recommended by the ai.)

    3. How do we make these idiots think they need a new iphone every year?

      It’s not easy to keep sales up year after year.

    4. Wow, 5-week low, sounds cataclysmic

      $100B move is less than a 3% move, it is up 32% from the 52 week low

      I hate it when questions linger, linger and linger some more. Lingering questions are the worst,

      Which doesn’t mean demand is good or great or average but as long as those questions linger then … something

    5. BobLoblaw_BirdLaw on

      Apples foldable better be damn good for waiting this long. Embarrassing how behind they are in the game

    6. We have a slightly better camera on a slightly better phone again this year!

      No caugh up 1k, sucker’s!

    7. Buffet sold half of his massive AAPL holding and people are wondering if they should still buy?

      Redards everywhere.

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