$160 
Coming to Fibonacci number = (100 * 160/124.38 (Yesterday close) - 100 ) = 28.63%, which wave will it bring AAPL to $160?
APPLE: SELL, SAYS GOLDMAN, CUSTOMERS ARE SHIFTING DOWN TO THE CHEAPER IPHONES
Lol, you should read what you’ve said about iPhone for the last how many years now?
2 Likes
“In today’s new economic cycle, it is extremely important for investors with an average risk profile and return goals to hold a substantial core portfolio, allocated predominantly to equities with both growth and income prospects,” the bank wrote.
Done that for decades. AAPL 
Updated chart.
Edit: Market close
$127.88 fantastic closing, 88 
upon the rumor that Apple to increase iPhone production…
So much for iPhone plateau talk.
So are we in 1998? Or 2000.
I don’t follow stock market, economy and politics that closely during that period and too lazy to check what happen. Only bought hot Dotcom stocks like CSCO, YHOO, AOL, SUN and many more that no longer around, and hope for the best - turned out badly. Since you read so much, what do you think?
I have given up forecasting macro trends long ago. I just follow my plan now. Seems like you are doing the same.
Impossible to forecast macro trends. One tweet, one remark, … so much changes. Plan? I don’t know your plan. My plan is brain dead simple. Diversified asset allocation, period. Have been in force for at least 10 years. Don’t bother about my trading portfolio, not much impact, a lot of smoke, no fire.
Definitely, impossible to foresee what us coming, either short or long. Whatever methodology we follow helps us some time, but not always !
https://www.cnn.com/2020/12/21/investing/tesla-stock-sp500-addition/index.html
The Tesla sell-off accelerated at the end of the day after Reuters reported that Apple was working on producing a self-driving car with new battery technology by 2024.
Here come Apple 
Go back to the cave, Tesla. AAPL to $4T 
$3 to ATH close and $6 to ATH. 2mrw new ATH and new closing high?
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Market will use this news and bring down TSLA to $550 temporarily and then bring up TSLA as usual !
Realistically, AAPL can not match TSLA even if the produce a car (which I really doubt) at this stage.
OMG, you speak like Steve Balmer. Or Ed Colligan. Or Stephen Elop. Your choice.
500 dollars? Fully subsidized? With a plan? I said that is the most expensive phone in the world. And it doesn’t appeal to business customers because it doesn’t have a keyboard. Which makes it not a very good email machine. … Right now, we’re selling millions and millions and millions of phones a year. Apple is selling zero phones a year. In six months, they’ll have the most expensive phone by far ever in the marketplace.
“Is Apple serious competition?" Palm CEO Ed Colligan seems downright nonchalant about rumors that Apple may introduce a mobile phone to market in the coming year.
.
NOKIA CEO STEPHEN Elop thinks that Apple’s iPhone is embarrassing.
Okay, in your pessimistic (not optimistic) timeline, when can AAPL roll out first car to the public?
2025 or 2030?
Market cap of
GM $59B
F $36B
Possible acquisition.
Nah. Those are crap legacy players. Literally 100 years old. No good.
Traditional car makers really only does the engine and assembly. They outsource everything else. That’s why it took them forever to react to Tesla. They are particularly bad at software. Apple has all the right pieces.
Apples largest take over so far is 3B (beats electronics). Normally, big companies won’t take another bigger company of this range as they mind every penny !
If they do, they will end up like MCI-worldcom…or like OXY…
On any case, even the apple bull like you do not believe apple can make a car on its own.
When will they take over Tesla equal company and when will they exceed Tesla’s range and power? This is massive capital intense programs.
If I guess, this is just to hype apple up and bring down Tesla temporarily.
Tesla has reached its EWT cycle peak and AAPL is marching the EWT cycle peak (soon). Market is just fooling everyone to buy…buy…buy.