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by crazygringo
2320 days ago
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This doesn't seem to have affected the stock price today, including in after-hours trading. So either it's been gradually priced-in, or... ...is this actually expected to affect Apple once the year is over? Presumably people will just wait a couple months to buy a new phone, and below-average sales now will be matched by a wave of above-average sales afterwards? The need to upgrade your phone doesn't go away. And wouldn't all cell phone manufacturers be similarly hit these days? So it's not like switching brands away from Apple is more of an option? Just curious... happy for someone to correct me if I'm making wrong assumptions here. |
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The market is closed today (Presidents Day). We won't find out the effect until tomorrow.