apple is falling apart again!!!! Investors probably know that the new iphone refresh wont be a big deal, its all hype again, nothing much to go on with the new phone coming out next month, I mean how many times do you need to upgrade an $800 phone? Is it that necessary to upgrade your phone every 12 months, what changes can they possibly make to it that you have to run out and get the latest one, smartphones aren't changing much these days, all they do is add a bigger battery, a bit better camera and some more memory and for $800 this could all be yours.....dumb consumers.
as for the watch, again that is nothing but hype, sales aren't all of the sudden going to pick up and skyrocket, its just another lame tech product that they are trying to hype and say how everyone needs one...
This is what cramer said yesterday
Cramer -- This Is Why You Hold Apple Stock
By
Bret KenwellFollow| 08/10/15 - 10:50 AM EDT
Apple (
AAPL -
Get Report)shares have been on a
rocky ride for weeks. After tumbling more than 15% from its highs, the stock up over 2% on Monday.
As
TheStreet's Jim Cramer, co-manager of the
Action Alerts PLUS portfolio, has
said about Apple, you own it, you don't trade it. Apple is an AAP holding.
During
CNBC's "Mad Dash" segment Cramer noted Apple stock appears to have bottomed at the same time it was downgraded by analysts at Bank of America/Merrill Lynch. Many critics have said
iPhone sales will be hurt by the slowdown in China. But analysts at Bernstein expect iPhones sales to increase in 2016, and Cramer's own research has found China is still good for Apple.

Apple
AAPL data by
YCharts
Cramer said investors are being too quick to write off the
Apple Watch. He disagreed with those who are portraying the device as a dud, saying they have not given the product enough time. After all, some thought the iPod, iPhone and iPad were duds at first, too. Now look at what they've become.
If Apple can have a solid rally, look for chip suppliers
Qorvo (
QRVO),
Skyworks Solutions (
SWKS),
Avago Technologies (
AVGO) and
NXP Semiconductors (
NXPI)to go higher as well, he concluded.