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Home / Mac / In the darkest hour of Apple's "white knuckle" period, some investors love it – MacDailyNews

In the darkest hour of Apple's "white knuckle" period, some investors love it – MacDailyNews



"Apple's share was down $ 8.88, or 4.8% yesterday, and the stock is down 23.7% since the peak in early October," writes Jim Edwards for Business Insider. "AAPL makes it so bad, it also draws the rest of the technologically heavy NASDAQ."

"We are in one of the unusual periods when there are more questions about Apple's future, but it's security," writes Edwards. "Historically, it's only bullies that bet against Apple. Still, the" customs "are winning. Everyone who bought the shares before the launch of the iPhone XS, XS Max and XR is now poorer."

MacDailyNews Take: Only if dupes sold with loss in uninformed panic. They are the only nonsense.

"At least one investor is ready: Buy aggressively on a dive," writes Edwards. "There is no future shock in iPhone sales. However, the average sales price of an iPhone has risen $ 220 since 2008, or 40%. The future is about revenue growth. In addition, service revenue (apps, music, etc.) increased by 1

7% from Apple's existing "installed base" of iPhones continues to grow – it will beat 1 billion phones by year-end, according to analyst Wamsi Mohan and his team at Bank of America. The market for these services will also grow. "

Read more throughout the article here.

MacDailyNews Take: Fomenters exchanged the uninformed with useful arguments that savvy investors can review.

Hope for Sub- $ 170,

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