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.
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.
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BTFD.
MCO
AAPL 
PG
My core position comprises S&P and AAPL. Need a third one?
Yes.
AAPL is surprisingly strong relative to past behavior. It drops less than 2018 trade war and 2020 covid scare.
Why Apple Will Beat Meta in the Mixed-Reality Battle
It has the design chops, the chips and the know-how to ship high-end headsets at scale.
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Apple pre-announce UI of AppleCar…
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Apple is turning into a fintech company.
Apple is a digital lifestyle company for consumers.