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Saturday, November 3, 2018

Apple fell nearly 7% in a single day.

https://www.cnbc.com/2018/11/02/warren-buffett-loses-nearly-4-billion-in-single-day-on-his-apple-stake.html?__source=yahoo%7Cfinance%7Cheadline%7Cstory%7C&par=yahoo&yptr=yahoo

We did warn about Apple's sales a few days ago.

http://sg-stock.blogspot.com/2018/10/apples-iphone-xr-is-having-lukewarm.html

Therefore, this steep fall is not surprising to us.

4 comments:

Eric Ho said...

https://finance.yahoo.com/news/apple-no-longer-report-iphone-105135595.html

Eric Ho said...

https://sg.news.yahoo.com/india-iphone-sales-fall-first-time-four-years-092801077--finance.html

Apple iPhone sales are also trending down in India.

Eric Ho said...

https://sg.finance.yahoo.com/news/apple-cancels-production-boost-iphone-101816781.html

It is official now!

Apple cancels production boost because of weaker sales.

Eric Ho said...

https://sg.finance.yahoo.com/news/apples-asia-suppliers-fall-report-cancelled-production-boost-034705907--finance.html

We told you so! Suppliers will be affected.