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Apple's Decline: Thanks, iPad Mini
Once again research like this done sitting at desk makes me laugh. You need to go out and see customers filling up apple stores. Then you need to goto countries like India and china where Samsung dominates but when an apple store opens people are lining up to buy apple products. I have personally experienced this in India where people who at one time refused to buy apple products have switched from Samsung to apple. Stores are full.
So analyst jumping on a bandwagon of down stock is really main reason for hurting the stock. There are too many traders that trade based on bad informations and technicals. Fundamentally they still have a lot to gain as market is only getting bigger.
As long as apple is selling everything they are making its a good sign.
Dec 9 08:46 PM
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