iPhone and Macbook sales will falter. iPhone suffering too much saturation and competition in recession; Macbook too pricey compared to PC competition, which is also suffering and undercuts Apple prices by widest margins in years even after Apple cuts prices.
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Apple: A Major Short 11-28-2008
- Thread starter ByLoSellHi
- Start date
Ok. What's your downside target?
Are you S2007S?Quote from ByLoSellHi:
iPhone and Macbook sales will falter. iPhone suffering too much saturation and competition in recession; Macbook too pricey compared to PC competition, which is also suffering and undercuts Apple prices by widest margins in years even after Apple cuts prices.
Quote from Daal:
Stock is already off 50%. tell us your entry point if you are really confident
A lot of stocks are down 90% or more. I don't expect that kind of downside with AAPL.
Apple was @ 96 when I originally posted - I don't think 80 w/in the next month or two is out of the question.
low 50's by end of January....ouch. :eek: