Yeah Macs lack on hardware side, unfortunately. I can't even imagine how expensive they'd be if Apple decided to put latest hardware in their MacBooks Pro, for example.
Blatant manipulation by Apple’s management and market insiders. Won't last. Pipe dreams kiddos. Even a god-king can bleed.
$AAPL Institutional Holdings SEC filings / 13F forms starting to come out. Going to be interesting to see what $BRK.A did with AAPL past qtr
I liked it how Apple's cheapest phone and the most expensive tablet drove this quarter's number. Interesting dynamic to track in the future earnings.
Apple's Didi Investment Looks Even Smarter Now Summary In May, Apple invested $1 billion in Didi Chuxing, a ride hailing service. Didi is buying Uber China, its main competitor. Apple's investment appears well timed, and points to a path for inorganic growth. Bloomberg reports that ride hailing service Didi Chuxing will acquire the Chinese operations of Uber. Uber China will be merged into Didi Chuxing as Didi acquires Uber's brand and business in China. Uber China's shareholders, Uber Technologies and others will get a 20% stake in the combined company. Apple's (NASDAQ:AAPL) investment of $1 billion in Didi looks set to pay off handsomely. Read more: http://seekingalpha.com/article/3994231-apples-didi-investment-looks-even-smarter-now
The timing on that one could not be more perfect. Apple's still good at making these clutch decisions.
Yesterday's bearish harami may give us a hint how strong the bears will act next few sessions and how the new and old fans fight back.
Needs to hold $100.83 - $103.83 over coming weeks to warrant any break of trend (to the upside). The latest move off the highs may just be an extension of the multi-year bull run. Over $250B in cash, AAPL has plenty of options.
The bearish harami rejected yesterday but failed short to close above Tuesday’s high. Bulls did great yesterday follow through is needed.
$AAPL looks quite overvalued at this point. Unless it manages to break through $106 resistance, I'd suggest you expect a a drop to last week levels perhaps. Any thoughts?
I'm considering starting a position at ~$90 based on what I'm seeing in the weekly chart, dating back to September 2015.