Yesterday itself I guessed it. Like MU was pulled down after good results, AAPL was pulled down after announcement. Normal pull back, a nice buying opportunity at the start of earning session.
Since morning I was watching, until AAPL announcement, stocks were not coming down, but when AAPL came down, both market stocks came down 0.8% range.
With good announcement (5G…etc), everyone expects AAPL will go up and buy it, but market makers sell it (acting opposite side). With such swing, they make money.
5G was a must for the new smartphone. In general, I was not really convinced by the new Smartphone…sure, it is better, thinner, lighter, etc. - but a real innovation was missing (again) - the only thing that could be interesting is the Magsafe, which was already available for Macbooks. According to Verge the magsafe could be the biggest reason to buy an iphone…let’s see what happens! and here the link, if you are interested into the article: Forget 5G: MagSafe could be the biggest reason to buy an iPhone 12 - The Verge
True, first Samsung releases new way/functionality. Once established, Apple picks up the same, includes it. For Apple, it is good as Samsung test the functionality and then apple implements, a huge cost saving.
For example wireless charging was introduced by Samsung long back, now apple makes it mandatory wireless…etc. Apple iphone is attractive with IOS performance and long battery life, quality…etc.
Almost all android are having performance and battery life by the java based (memory leak and power consumption).