The calm before the storm. Once they see how little these devices sell, the stock is going to tank in the coming years. Not good!
Ah yes, the permabear with another inane “hot take” on Apple’s fortunes. How much has being wrong about Apple cost you? Or you just don’t believe in capitalism and refuse to own stock in great companies?
Again, your refusal to see the facts doesn’t make you qualified to predict the future. You have been nothing but wrong. You constantly predict doom and no matter what milestone Apple hits, you give some generic take on them failing at a future date. No specific time, no details, no facts why...just a statement it will happen.
Sure, everything could change, but the data points to nothing but success and so does reality. People are making real money and Apple has the earnings to back up the valuation if you understand anything about stocks.
It must suck to sit out every rally while people who own the shares continue to collect dividends and watch their investment grow. No wonder you’re so bitter.
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Except the iPhone XR, which was widely predicted on this forum to be a gigantic sales failure, was the best selling phone this year. The iPhone 11 is even $50 cheaper than the XR, Apple does their market research very well. The stock will do the exact opposite of tanking.
And aggressively priced $50 cheaper with MORE features. The Xr is going to sell like hot cakes.
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They just issued $7B in new debt to continue their financial engineering operations, so that should count for something!
Spoken like someone with zero understanding of capital markets.
Apple has a fiduciary responsibility to maximize shareholder cash and saved interest by refinancing their debt at a lower rates. It makes nothing but mathematical sense and has zero downside. When interest rates are this low, you take free money.