Apple Stock: iPhone Demand All Cracked Up (NASDAQ:AAPL)

Apple (NASDAQ:AAPL) is down substantially from the nearly $175 highs just a month ago after their annual iPhone launch event hyped up investor interest. The tech giant failed to impress without the launch of a mixed reality device to compete with Meta Platforms (META) My investment thesis remains Bearish on the stock with another failed break of strong resistance at the recent highs. The big question is whether consumers are actually buying the higher-priced items, with the economy potentially in a recession and definitely facing higher inflation.

Read Long Article

Scroll to Top