“What we’ve learned together has helped us all develop the best practices that are assisting enormously in our global response,” Cook wrote. “One of those lessons is that the most effective way to minimize risk of the virus’s transmission is to reduce density and maximize social distance.
With the declaration of national emergency by POTUS, it means wef today everybody should stay at home for two weeks. Apple is doing that, so should each of us.
iPhones are essential products 
Doctors are recommending using FaceTime to communicate 
FaceTime sucks. Tell your doc about zoom.
Waiting for @Jil to FOMO purchase, anytime now. Cross ABOVE 200-day SMA 
Bullish divergence 
See why AAPL rocks 
and no brainer to buy and hold (forever).
I sold all my holdings Tuesday, first day of bull run, when peaked 10% on that day that includes AAPL (bought at $215 and $229), TSLA etc, may be premature sale, would not like to enter the market until I see VIX again above 80s…
This reverse bull run is trying to fool retail investors. Everything changes suddenly…that is volatility…
NO FOMO…
Also Green days…no buy at all.
If you still have doubts about market, review and analyze today’s high volume options details
Coming quarter earning would be instructive.
How low did demand decline to? Luckily is the slowest demand quarter.
Supply should be ok since China factories are operational.
Announce pausing share buyback since Trump said no buyback.
Won’t pause dividends since many small retail investors depend on them. Possibly 1-2% increase.
New products likely continue as planned since other than retail, other operation as per normal.
My guess, next 6 months is crucial for US economy to recover after touch S&P 1800. Recovery is too long, may be 5-6 years with another bump after 3 years (from now).
AAPL will easily go down below $200 with all unemployment news, and will recover when 5G enabled, as no job loss person is going to buy any new phone or new gadgets or new computer…etc, but stay with old products.
5G will put back the tech companies when it comes to reality.
It is not apple building services, tax law 2017 made differences ! Just like the same was mortgage points are spread over 27.5 years during tax filing !
With 2017 tax changes, government allowed to report products, software and services separately.
How? Sample…
Previously, iphone was sold $999, it was declared as product sales $999
After 2017, the $999 broken into $299 iphone product, $200 software cost and $500 for 2 year subscription and services cost. Government allowed companies to amortize the $500 for 2 years spreading the revenue recognition for 2 years (…this is what apple said service organization ! ).
This means if products are not selling, services are also not there, except whatever accommodated so far.
The same concept is there for all cloud services, they sell cloud service subscription per month basis, but contracts are automatically continued for years until cancellation… Analysts count the customer growth (not the quarterly profit/loss) like NFLX model for all cloud services.
BTW: This is too big a subject to discuss further.
Don’t think you’re right, check the average sale price of iPhone.
The services Apple is touting are: Apps, TV+, News+, Arcade, Apple Music, iCloud, iTunes, … these are largely not dependent on unit sales. Mostly subscription.
AppleCare is correlated to unit sales, not proportional though
Don’t think you’re right, check the average sale price of iPhone => First, I was showing an example, but not exact price.
Do you think AAPL will not fall in price next 10 months, with apple services in place? If so, let us wait and see…
You have to understand one issue. AAPL is not going down by its own financial issues, but it is going down on worldwide economy issue.
Being a top company in S&P 500, it will also slide along with market. All companies, market makers are pushing down index etfs of which AAPL is always top position.
AAPL will correct in line with S&P correction and this is common for all companies within the indexes.
Recovery side is based on results what they achieve in next few quarters.
While people are working from home, Apple encourages them to use Apple-designed tools like FaceTime and iCloud Drive for security purposes, but tools like Slack, WebEx, and Box are permitted as Apple employees have not found it easy to work with Apple’s own apps due to their consumer rather than enterprise focus.
Time for Apple to change the attitude that Enterprise could use Consumer products. The example given was enterprise use the same sedan as consumer. But there are many subtle differences e.g. even for a simple printer, enterprise requires higher speed of printing and durability.
Now is the time to work on enterprise version of their consumer apps. FaceTime, iCloud, iMessage.
Despite the difficulties Apple employees have to overcome to work remotely, one Apple supplier that The Information spoke to said that there are “no signs” of slowdown. Apple has continued to place a steady stream of orders for components, and has increased orders for iPhone 11 and 11 Pro orders.
@JIl Accumulate AAPL.
NO FOMO.
Market has touched Death Cross !
Bottom is in! Did you study the various scenarios for death cross?
Just applied for the Apple Card. Surprisingly smooth and easy. Also just bought a pair of AirPod pro. I am tempted to buy some AAPL now.
Send help!
Who are you…
Where is the real Manch
I need to go read some more anti Apple blogs. Be right back.
DCA purchasing over at least 6 months.
Look at the chart since 1997, you would realize the decline is ridiculously shallow for the crisis.
I believe is because investors realize Apple leadership is able to navigate crises and come back much stronger. Of course, cash rich balance sheet, China factories running, scuttle butts show nothing is slowing in Apple except may be demand which is happened to be the slowest quarter anyway, …
I am not looking at stock to buy at this time wherever S&P goes up !
You should DCA every 10% drop in AAPL price ! This is once in decade chance to get in !
