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Apple Shares Down almost **8%** in Aftermarket Trading..? WTH..?
Fortune ^ | jan 2, 2019 | me

Posted on 01/02/2019 5:19:41 PM PST by gaijin

Wow, WTH..?

How much bloodletting will this inspire, tomorrow..?

Anyone know whassup?

I'm not a nervous Nellie, but -8% in a few hours on a company that's almost a trillon bucks, hey:

That's nothing to sneeze at.


TOPICS: Chit/Chat
KEYWORDS: aapl; apple; wallstreet
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1 posted on 01/02/2019 5:19:41 PM PST by gaijin
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To: gaijin

China selling?


2 posted on 01/02/2019 5:20:20 PM PST by tcrlaf (They told me it could never happen in America. And then it did....)
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To: gaijin

Missed an earnings forcast, primarily owing to weak sales in China.

It.....sorta looks like we’re headed to a major bifurcation in the world economy, in slow-motion.

Non-China world economy vs China & Minions...?

I’m actually okay with this.


3 posted on 01/02/2019 5:22:20 PM PST by gaijin
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To: gaijin

Both Apple and Telsa, two of the biggest Bullshit companies take a dive in the same day.


4 posted on 01/02/2019 5:22:28 PM PST by ImJustAnotherOkie (All I know is what I read in the papers.)
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To: gaijin

You can make money on the ups and downs.


5 posted on 01/02/2019 5:23:49 PM PST by Theoria (I should never have surrendered. I should have fought until I was the last man alive)
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To: gaijin

Wow, Tesla down 7% also, yeah.


6 posted on 01/02/2019 5:24:00 PM PST by gaijin
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To: ImJustAnotherOkie

Don’t know enough about Apple, but I agree on Tesla.


7 posted on 01/02/2019 5:25:12 PM PST by stevio (MAGA)
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To: gaijin

You’ll know it’s really bad when they start jumping out of windows and eating guns. LOL


8 posted on 01/02/2019 5:31:12 PM PST by txnativegop (The political left, Mankinds intellectual hemlock)
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To: gaijin

Well, Rush has been off for a few days. :/


9 posted on 01/02/2019 5:32:56 PM PST by CaptainPhilFan
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To: gaijin
Christmas sales of iPhones were crappy, well below estimates.
10 posted on 01/02/2019 5:36:35 PM PST by hinckley buzzard (Power is more often surrendered than seized.)
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To: gaijin

Oh shit.

Had gained at close.
Almost wish the rally would have held off til the New Year to keep momentum going.

Oh well, just money.


11 posted on 01/02/2019 5:36:56 PM PST by CharleysPride (Peace, Freedom and Prosperity. Thank you, President Trump.)
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To: gaijin
Apple plunges on guidance as iPhone sales disappoint

Apple (AAPL) unexpectedly slashed its revenue forecast for the fiscal first quarter of 2019, citing weakness in its key market in China and lower-than-anticipated iPhone revenue.

The company said in a filing released after market close Wednesday that it now sees first quarter revenue of about $84 billion, from $89 billion to $91 billion anticipated previously.

https://finance.yahoo.com/news/apple-cuts-first-quarter-revenue-214529525.html

12 posted on 01/02/2019 5:37:12 PM PST by SmokingJoe
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To: gaijin

News of poor iPhone sales announced after the market close.


13 posted on 01/02/2019 5:37:58 PM PST by Paladin2
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To: gaijin

China gets a cold, the US gets Ebola.

That’s the new world order.


14 posted on 01/02/2019 5:38:05 PM PST by Vermont Lt
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To: hinckley buzzard

They kept raising price of phone....should have lowered it and got more people buying it..

How many people can afford a grand for a phone...

People finally got smart


15 posted on 01/02/2019 5:41:56 PM PST by Hojczyk
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To: gaijin

January 3, 2018 Apple ended at $172.23. Futures for Apple for January 3. 2019 are currently at $146.00, a loss of $26.23 or a little more than 15% in a year. Half of the loss is from the several hours since today’s close.

Apple reached a trillion dollar market valuation on August 2, when it reached $207.39 per share. It has lost approximately $300 BILLION in market value since that time. Couldn’t happen to a nicer CEO.


16 posted on 01/02/2019 5:42:51 PM PST by fireman15
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To: Swordmaker

Hey Swordmaker, over here...


17 posted on 01/02/2019 5:45:50 PM PST by dayglored ("Listen. Strange women lying in ponds distributing swords is no basis for a system of government."`)
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To: gaijin

At some point Apple stock will be so cheap that buyers will pour in.

When that point will come is another matter. Impossible to predict.


18 posted on 01/02/2019 5:46:10 PM PST by Deo volente ("Our Independence Day is at hand, and it arrives finally on November 8th." Donald Trump)
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To: gaijin

Wealthy liberals are cashing in their gains, waiting for the damage to the economy and Trump, and then buy back into the market. Rinse and repeat.


19 posted on 01/02/2019 5:46:33 PM PST by CatOwner
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To: CharleysPride

Apologies for the earlier profanity, caught off-guard.


20 posted on 01/02/2019 5:47:10 PM PST by CharleysPride (Peace, Freedom and Prosperity. Thank you, President Trump.)
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