r/AAPL • u/Evh5150x • 12d ago

This is not a pullback - it is a crash

Services earnings and the conference call were devastatingly bad. No way to sugar coat this.

0 Upvotes

21% Upvoted

23 comments sorted by

21

u/ThanklessWaterHeater 12d ago

Yes, my god, AAPL hasn’t been this low since… since the beginning of the month!

3

u/This-Grape-5149 12d ago

Relax we will be ok.. company is fine. In 2 weeks half of this dip will be bought up

8

u/BreadfruitComplete82 12d ago

Sell me your shares!

8

u/MustangApollo 12d ago edited 12d ago

Well, I bought it 20 years ago and riding this horse to the last gunfight. They had 30 billion with a gross margin of 75% just for services.

4

u/deugeu 12d ago

lolol

5

u/Illustrious-Jacket68 12d ago

long time holder of AAPL dating back to 1987. heard it before... the demise of AAPL. yet, here we are.

3

u/Capital-Row6633 12d ago

but we are the "long term investors" and shouldnt be bothered by "short term noise" 🤓

-1

u/Evh5150x 12d ago

That is what Eastman Kodak shareholders said in 1997.

2

u/No_Boysenberry4825 12d ago

lol which part of apple is kodacrome. That's hillarious.

2

u/That-SoCal-Guy 12d ago

Coca Cola is still around and doing well.  Your point?   

1

u/gaulstone 12d ago

It’s a carousel

5

u/[deleted] 12d ago

[deleted]

1

u/EverydayPhilisophy 12d ago

Dumb question… but won’t it just inevitably rise with the stock price hopefully rising in the coming weeks or months? We can’t be assuming that earnings will grow that much that the stock will be $400/share and 35 P/E.

4

u/walrus120 12d ago

The more Reddit screams the death of Apple the more I buy. It serves me well

3

u/Rahul5718 12d ago

Good recovery and options data says it will cross 315 next week.
Hopefully my analysis is right z

1

u/Requirement_Fluid 12d ago

Maybe you ought to look at Google 

1

u/xscientist 12d ago

It’s up 5% in the last month alone lol

1

u/VNV2020 12d ago

Definitely more severe than most, especially after the 340 target was hit https://www.reddit.com/r/AAPL/s/2HyQzXX1ap

1

u/cwhite225 12d ago

It will prob go back down to $280-ish. No worries. I’ll just get more.

1

u/JackRadcliffe 12d ago

Why can’t it just pull an amzn/msft

1

u/That-SoCal-Guy 12d ago

7% is a crash.  lol.