The problem with $Apple (AAPL.US)$ is not technical, is not...
The problem with $Apple (AAPL.US)$ is not technical, is not fundamental, is not financial, it is purely driven by market fatigue.
This article talks about the Chinese consumer weakening demand for their iPhone and that is where the problem lies, not only China but worldwide 🌎.
The iPhone lags behind the innovative companies that are putting out a better product.
For my analysts out there, do an analysis of Apple by taking away iPhone sales, it is a whole different story. now think to yourself would you buy this company that is a one trick pony (iPhone), services they lag, wearable they lag, Mac they lag, iPad they lag. if they don't become the premier phone again they face some strong headwinds
#SimpleTrading #MoneyNeverSleeps
This article talks about the Chinese consumer weakening demand for their iPhone and that is where the problem lies, not only China but worldwide 🌎.
The iPhone lags behind the innovative companies that are putting out a better product.
For my analysts out there, do an analysis of Apple by taking away iPhone sales, it is a whole different story. now think to yourself would you buy this company that is a one trick pony (iPhone), services they lag, wearable they lag, Mac they lag, iPad they lag. if they don't become the premier phone again they face some strong headwinds
#SimpleTrading #MoneyNeverSleeps
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Simple trading enthusiast, technical analyst, surveyor of volatility sentiment.
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104637675 : It's so comfortable for Apple to lie down and make money for too long