COULD APPLE’S STOCK FALL BY HALF, AS IT DID FIVE YEAR AGO? $AAPL $AVGO $ADI $MU $CRUS $STM $SWKS
Apple’s most recent earnings report was mixed — not stellar, as the bulls were expecting.
Apple on May 2 reported fiscal second-quarter earnings, and revenue and iPhone unit sales were lower than analysts had expected.
That has raised concern among experienced investors. Some may recall that I issued a “sell” signal on Apple AAPL, stock hours before it peaked five years ago. In the ensuing seven months, the shares halved. (Verify my call by clicking here. Please note that the stock has been spilt 7-for-1 since then.)
Can Apple’s stock price be cut in half again, as it was five years ago?… Please click here or the title below to read more.
May 4, 2017