Since84
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To infinity and beyond!
Posts: 3,933
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Post by Since84 on Oct 15, 2018 2:15:32 GMT -8
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Post by appledoc on Oct 15, 2018 2:38:28 GMT -8
Now we're on to SA-related risk. Of course, things are overblown (the headline on MW right now is "Call of the day: Don’t rule out $400 oil if the U.S. sanctions Saudi Arabia"). These people have no integrity in reporting financial news.
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4aapl
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Posts: 3,625
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Post by 4aapl on Oct 15, 2018 6:20:04 GMT -8
I don't know if I'll have a great fay, but this was at the top of the Stocks news on AAPL, and is likely contributing to movement this morning: Goldman warns Apple's earnings could fall short this year on 'rapidly slowing' demand in ChinaNothing specific about demand lowering on Apple products in China directly, but ""There are multiple signs of rapidly slowing consumer demand in China which we believe could easily affect Apple's demand there this fall," Goldman analyst Rod Hall says." Interestingly, their earnings estimates for 2019 show a 18% or so increase over their 2018 estimates, but their stock price 12 month target only has an 8% expected rise. Maybe a bit of safety, or maybe a bit of P/E shrinkage? These analyst notes tend to push some people a little, even if they don't mean too much overall.
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chinacat
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AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Oct 15, 2018 7:19:16 GMT -8
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Oct 15, 2018 8:57:16 GMT -8
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Oct 15, 2018 11:23:59 GMT -8
The comments are golden... OUCH!
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