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Technology Stocks : Apple Inc.
AAPL 270.05-0.7%12:28 PM EST
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To: Bill from Wisconsin who wrote (190426)5/12/2016 10:02:18 AM
From: slacker7112 Recommendations

Recommended By
Bill from Wisconsin
david1951

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we'll see $70 before we see $120 as this will totally destroy any Fall 2016 upgrade cycle and we'll have an entire year of "the end of the iPhone" stories

The question is when does the market complete its discounting of a rough FY2017 and start looking at a rebound in sales due to the fall 2017 iPhone?

We are certainly in a rough patch but my WAG is that it doesnt last a year. Perhaps six months and then the market starts looking past FY2017 and towards the debut of a dramatically different fall 2017 iPhone. If you look at the last downturn, the stock bottomed even earlier. The low was around June of 2013 which was a full 15 months ahead of the launch of the iPhone 6.

Slacker
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