With only two days to go before the official launch of the iPhone 8 – the first of the company’s famed product launches to be held in the Steve Jobs Theater at the heart of the company’s futuristic new campus in Cupertino – leaks of the new iOS operating system, which surfaced Saturday, have provided some clues about the new iPhones' features.
It is hard to find a bigger Apple stock cheerleader than me. I’ve been writing Apple stock love poems for years. For a long time, it was easy to love the shares because they were unloved by others and it was cheap.
Until recently, when Apple stock was still trading in the low $100s and at single-digit multiples, we were buying current product categories at a discount and were not paying for future product categories.
AAPL stock is sliding this afternoon as The Wall Street Journal reports the new iPhone is said to have seen "production glitches."
By Chris at www.CapitalistExploits.at
Last week, China bypassed the World Trade Organisation agreements and using an old law officially launched a probe into Americas intellectual property practices.
China's foreign affairs minister, talking of America, stated that:
"We’ve come to the conclusion that they’re in an economic war and they’re crushing us.”
Reiterating this stance, a Chinese Communist Party spokesman went on to say:
Authored by John Mauldin via MauldinEconomics.com,
Stock valuations are the discounted values of future earnings. Future earnings depend on future revenue, which may diminish whenever the future includes a recession. So, broad economic conditions are a big factor to watch in stock valuation.
Broad economic conditions depend ultimately on the consumer’s ability and willingness to spend money. And July’s retail sales report gave us a peek at that.