NYC362

About

Username
NYC362
Joined
Visits
49
Last Active
Roles
member
Points
632
Badges
1
Posts
108
  • COVID-19 disaster shows off Apple's true core

    I'm sure this article will be accused of drinking the Apple Kool-Aid, but it everything said here is true.  Apple has resources like pretty much no other company on the planet and no matter what happens concerned the pandemic, Apple will see it through.

    Today, Goldman Sachs issued a rare sell recommendation on Apple stock and sure enough the stock is down a few dollars in a market that is otherwise very positive today.  Either they were looking to just move the price downward to pick up shares a bit cheaper, or they are highly mistaken about Apple's future.

    Sure, stores are closed and sales will be down for this and almost certainly the next quarter, but people need Apple services and products.  The intro of the new iPhone SE is actually perfectly timed.  There are a lot of people who need to upgrade their old iPhone 6 and 7.  At $399, the new SE is perfect and doesn't break the bank for many people.  (Monthly payment plans will be around $16 a month.  People spend more on a Netflix subscription.)

    Finally, all the charitable stuff that Apple does is truly incredible.  They have the resources, the pull, and the money.  Good to see some of go to good causes.
    BeatsdewmedysamoriaMacQcStrangeDaysmuthuk_vanalingamjony0lolliverwatto_cobra