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jungmark said:It was legal and allowed. The EU is crying foul because they need money for bailouts.
delreyjones said:johnjohnstone said:
That pretty much nails it. We see $80 very soon. Every single Apple supplier is reporting weak Dec and March results.
johnjohnstone said:basjhj said:It never occurred to you that the supply chain reports may be indicative of problems with other smartphone vendors, rather than Apple? It was Samsung that reported tough times ahead, wasn't it?
If we take history as our guide here, the people 'in the know' about 'supply chains' are more likely wrong than right.
I would believe it if it was just one supplier that is reporting weak revenue for March quarter. But there have been half a dozen that have already warned about weak outlook. Why else would Tim Cook not say anything? Its probably because its true. I expect iPhone units to decline YoY for the March quarter.
Stock is now at $96.
It has lost over $215,000,000,000 in value in 6 months.
Google will probably be worth more than Apple in a few days with 1/3 the profit and 1/4 the revenue.
The sooner people realize we will see $80 the better.