Zach Bass

Awaiting Apple Earnings and Guidance

@Camden, I think that there's reasonable support at 86 and strong support at 74. So what I think will happen is that over the next several days as we get bombarded with poor earnings reports, AAPL will fall into that range and be range bound until earnings. At which time it's anyone's guess what would happen, but I would bet on a gap down, followed by capitulation.

Of course this is all wild-ass speculation on my part. But it is fun to speculate when you have no skin in the game. I can be far more objective.

Awaiting Apple Earnings and Guidance

I wouldn't do it. It would do nothing for the bottom line, i.e. bring in market share. That is THE number one goal for Apple, to increase market share, and use that cash position to its advantage to do so.

It should be clear by now that Apple management is not concerned one iota of the shareholders near-term needs, because they know in the long term, the choices they make today will benefit them tomorrow.

Think market share and user-centric design. Apple wants to change the world here, not with investors wallets.