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Tag Archives: Apple Stock
iPhone Back To Positive Revenue Growth, Will The Stock Return To Fundamentals?
Apple’s stock has been on a tear ever since the company’s quarterly year-on-year iPhone revenue growth went negative. Of course, the market had anticipated it and sold-off prior to the hard data coming out. As the following chart illustrates, Apple’s … Continue reading
Apple Behaving Badly
After trading up to $676.75 in the first hour, Apple slid more than $20 only to close just off its lows of the day. It also closed below the key support of $660 and the only positive of the day … Continue reading
Apple’s Seasonal Trading Pattern
Lot’s of chatter how poorly Apple is trading. We’ve looked at the past six years of December trading and this year’s action is no different from the ghosts of Christmas past. After popping on the October earnings announcement, the stock … Continue reading
