Apple’s results this week were absolutely dismal. Finally all the negatives that global market authority, Bert Dohmen, has warned about for the past 18 months are being recognized.
After forecasting its first revenue drop in 13 years, along with its slowest ever growth in iPhone
Apple is the darling of many investors. The expectation is that the company can do no wrong. Such unrealistic expectations are always shattered. It’s just a matter of time.
Hedge Funds loved Apple. Carl Icahn bought over 53 million shares, and the Apple ‘groupies’ on the internet insult everyone who pointed out the future negatives with four letter words instead of facts.