Samsung joins Apple in siding against Qualcomm in antitrust case ___ Apparently antitrust cases, as well as politics, make strange bedfellows. Or is it all one in the same? I can hardly tell anymore. Samsung (OTC:SSNLF) has filed an amicus brief in support of the FTC's antitrust suit against Qualcomm (NASDAQ:QCOM). This puts it on the side of Apple (NASDAQ:AAPL), which has filed its own lawsuit against Qualcomm and expressed support for the FTC suit. ___
RX Vega on the new iMac Pro coming this December. Source: https://twitter.com/GFXChipTweeter More details on the new iMac Pro: https://www.apple.com/newsroom/2017/06/imac-pro-most-powerful-mac-arrives-december/
I miss the 2012/13 days where it would decline like 20-30% without any interruptions. Maybe this is another one of those times?
Hard to call the bottom during this tech drop-off, but if you're looking to take a stab, I agree with @StockJock-e that this might not be a bad spot for a try. Entering oversold levels and sitting at previous resistance/consolidation territory could mean this is about to bounce. Hard to tell though during a tech sell-off though... Next level of support probably isn't until like $125ish from back on February 1st when it gapped up (also where the 200MA is currently sitting)...
I am not convinced the bloodshed is over. I honestly see a third downgrade or strong negative news happening before reaching 140
I can't wait for Buffett to increase his pos... at this price, I would if I were him. What madness has happened to value investing.
I look at it this way if this crashes than the country is in a recession and everyone is screwed so chill and enjoy the ride till $202
Even if we hit hard recessions, everybody will be upgrading to the new iphone and profits will soar anyway!
Im always skeptical, but iphone users I know seem to rush out and buy every single new phone that comes out!