AAPL and Apple

AAPL is officially in bear market territory i.e. decline by more than 20% from ATH, about 24%.

Start of market meltdown? Or rotation out of mega caps?

Yesterday dropped to bear market territory, today is back inside correction territory.

:thinking:

Somehow many people don’t think highly of AAPL.
From sure to bankrupt, then iPhone saturation, then no innovation, now valuations too expensive.
Lesson learnt: Buy n hold good companies that are disliked by WS.

Sound like current EV/AV investors are scared. My guess is they don’t understand transformer approach in developing a product, and 静若处子,动如脱兔 quiet like a virgin, moving like a rabbit business strategy.