AAPL - Apple Inc - Page 606
I must be missing something here. The equity is only up .4% on the day. That's basically flat. I can find a lot of stocks that have done so well today.
Just kinda surprises me to see that. I'm used to seeing the "Wow, $15 move!" train, ignoring the percentage basis that represents at this level, but the one above I wasn't expecting to see. Market selloff continues. I wouldn't add to any positions anywhere right now.
The latest rumors out of the Far East indicate that Apple’s next-generation iPhone will launch in the fall, as will a new 10-inch iPad. Apple supplier Pegatron Technology has reportedly landed orders for the Cupertino-based company’s latest handset and according to Taiwan-based supply chain makers, the device is slated for a September launch, Digitimes reported. The publication also claims Pegatron has received orders for a new 10-inch iPad to be released in the fourth quarter of 2012. John Gruber of Daring Fireball has previously called the fourth quarter iPad report “completely made-up nonsense,” however. Pegatron currently manufacturers both the iPhone 4S and the new iPad, but Digitimes claims the long rumored 7-inch iPad, which will supposedly be released in August, will be manufactured by Foxconn.
It could do that or test the 50ma for another down thrust. I was seeing a tad more reward to the upside technically and fundamentally (for now [directed towards fundamentally]).
I don't know honestly.