“In a new research note published today, Cantor Fitzgerald analyst Brian White shares data from his ‘Apple Barometer’ for the month of November, with strong increases hinting that Apple will see blockbuster performance for the holiday quarter,” Eric Slivka reports for MacRumors. “White’s metric, which tracks performance of Taiwanese suppliers known to be heavily reliant on Apple, has seen record performances for both October and November.”
Slivka reports, “White attributes the strong performance by Apple’s supply chain to robust demand for Apple products such as the new iPhone and iPad models, with an iPhone production boost to support a launch on China Mobile in the coming weeks perhaps also contributing.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Dan K.” for the heads up.]
Stop the good news – AAPL goes down more with each new story.
Consider this: for every sale transaction of any stock, there has to be a buyer and a seller. The pool of potential sellers for AAPL at these prices might be quite small because most holding the stock may feel (as Tim Cook and Carl Icahn do) that the stock is currently undervalued. Therefore, the only sellers are the day traders and those who’ve held AAPL since it was $10/share and are ready to get out. So, anyway, what I’m trying to say is, maybe the fact the price keeps going lower is a reflection of how few people are interested in selling. Just a thought.
Gaagle is up on 800000 volume, while AAPL is down on a volume of 7.62 million. I don’t believe your theory is working today.
Not that it helps too much to support my “theory”, but AAPL does have almost 3 times as many shares outstanding as GOOG.
AAPL is one of the most manipulated stocks of all time.
In any case, 2014 will yeild growth if the ‘wider’ screen iphone debuts. Many of those going to Android just for the bigger screen will return. However, those that went there for a free phone are not coming back(and yet, they still choose iPads)
Hear, hear. Apple’s red stands out in a sea of green after getting a healthy price target boost from Citi. Lord help us all if this is the end result of a China Mobile deal.
Google is the new tech darling of Wall Street so it’s not unusual for Google shares to rise while money is being thrown around like confetti by investors.
Android=Google
iOS=Apple