Week ending June 24, 2016: $93.40 (-$2.40)
Jun 25, 2016 7:33:48 GMT -8
incorrigible, coma, and 5 more like this
Post by phoebear611 on Jun 25, 2016 7:33:48 GMT -8
Hangover from Brexit yesterday - that's all the news is chatting about. Markets seem to have a bit of a lid given that earnings season is upon us. Investors will be listening to what the CEOs have to say about how each of their respective companies will be affected given the UK's decision to leave the EU. I assume most will not be spending their cash in markets that continue to have uncertainty and lack of direction until there is some clarity HOWEVER there are some who will spot a bargain (like AAPL if it continues to be depressed) and begin to nibble. Personally I believe there is more selling to come. No one has truly figured this whole mess out yet and no one - for sure - saw it coming. Just remember CASH is also an asset even if for a temporary time. All this market volatility makes it perfect for overwriting shares as well.
In the news:
Apple may be removing the headphone jack, the new dark mode in iOS 10, OLED technology for the iPhone 8, speculation over a new iPod Touch, the unencrypted iOS kernel, a closer look at macOS, Indian Apple Store issues, and social media shortcuts - a full synopsis in case you missed it over this last week by Forbes : www.forbes.com/sites/ewanspence/2016/06/24/apple-news-digest-iphone-leak-ios-10-dark-mode/#1e1b3bc61d8c
With no news to report AI also gives this past week's review: appleinsider.com/articles/16/06/25/this-week-on-ai-iphone-7-holds-back-2017-apple-watch-plans-thunderbolt-display-gone-more
HOWEVER - there was a feature article they put out wrt how Brexit affects AAPL: appleinsider.com/articles/16/06/24/how-the-uks-brexit-vote-to-leave-europe-affects-apple
macrumors gives us a supposed peek at the new back side of the iPhone 7 - looks like larger camera portal: www.macrumors.com/2016/06/25/iphone-7-depicts-larger-rear-camera/
USA Today..."If recent history is any guide, Brexit-driven currency moves will likely cost tech giants Apple, Microsoft, Facebook, Oracle and Google-parent Alphabet hundreds of millions in quarterly revenue."
Full article: www.usatoday.com/story/tech/columnist/shinal/2016/06/24/post-brexit-dollar-crimp-tech-revenues/86334216/
As of this morning, Patently Apple : www.patentlyapple.com/patently-apple/2016/06/apple-wins-3-design-patents-for-os-x-spaces-bar-more.html
Remember this week will be volatile and short. Most folks will be heading out early on Friday for the 4th of July Weekend here in the US so trading may be thin. Also, remember that there are larger things than Apple out there - like geopolitical events! It's ok if the news is thin - need to see how our fruit company is affected with all that is going on around it. There are NO issues ~ only OPPORTUNITIES! Enjoy the beautiful weather!
In the news:
Apple may be removing the headphone jack, the new dark mode in iOS 10, OLED technology for the iPhone 8, speculation over a new iPod Touch, the unencrypted iOS kernel, a closer look at macOS, Indian Apple Store issues, and social media shortcuts - a full synopsis in case you missed it over this last week by Forbes : www.forbes.com/sites/ewanspence/2016/06/24/apple-news-digest-iphone-leak-ios-10-dark-mode/#1e1b3bc61d8c
With no news to report AI also gives this past week's review: appleinsider.com/articles/16/06/25/this-week-on-ai-iphone-7-holds-back-2017-apple-watch-plans-thunderbolt-display-gone-more
HOWEVER - there was a feature article they put out wrt how Brexit affects AAPL: appleinsider.com/articles/16/06/24/how-the-uks-brexit-vote-to-leave-europe-affects-apple
macrumors gives us a supposed peek at the new back side of the iPhone 7 - looks like larger camera portal: www.macrumors.com/2016/06/25/iphone-7-depicts-larger-rear-camera/
USA Today..."If recent history is any guide, Brexit-driven currency moves will likely cost tech giants Apple, Microsoft, Facebook, Oracle and Google-parent Alphabet hundreds of millions in quarterly revenue."
Full article: www.usatoday.com/story/tech/columnist/shinal/2016/06/24/post-brexit-dollar-crimp-tech-revenues/86334216/
As of this morning, Patently Apple : www.patentlyapple.com/patently-apple/2016/06/apple-wins-3-design-patents-for-os-x-spaces-bar-more.html
Remember this week will be volatile and short. Most folks will be heading out early on Friday for the 4th of July Weekend here in the US so trading may be thin. Also, remember that there are larger things than Apple out there - like geopolitical events! It's ok if the news is thin - need to see how our fruit company is affected with all that is going on around it. There are NO issues ~ only OPPORTUNITIES! Enjoy the beautiful weather!