Friday, May 5, 2023

AAPL Soars -- Taking The Market With It -- Dow Up 400 Points -- May 5, 2023

Locator: 445701AAPL.

Updates

May 7, 2023: Apple Services. Apple gets it.

Original Post 

Holy mackerel! Those investors paying attention are finally seeing what I'm seeing. CNBC contributors, analysts, and anchors completely missed this yesterday -- the long game, margins, and services.

Link here.

If one wants more good news with regard to AAPL, this is it: Apple appears to be getting out of the EV business -- not EV services, but EV hardware as in a four-wheel-margin-killing-9,000-lb-monstrosity. This is a big, big deal.

AAPL within $3 / share of it's 52-week high. 

15,000 million shares outstanding.

Up $7 / share in early trading. Market cap up $100 billion today? $2.74 trillion.

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.

All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them

Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.

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