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Technology Stocks : Apple Inc.
AAPL 260.21+0.3%3:59 PM EST
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To: MGV who wrote (186949)1/5/2016 1:11:15 PM
From: Moonray  Read Replies (1) of 213182
 
More of the same:

Apple Whacked On Same Old News Yet Again
Jay Somaney, Forbes - JAN 5, 2016 @ 12:36 PM

Nikkei Asia Review just hit the headlines with a story that Apple AAPL -2.94% was cutting back on its
production for the iPhone 6s and iPhone 6s Plus by some 30% for the March quarter as per the site.

This is the same old news that has been hitting Apple for the last few months if not more.

However, as long as investors continue to react negatively to the regurgitated news, the hits will keep
on coming.

What is new is that the site is reporting that inventories have piled up at retailers in markets in China,
Japan, Europe and the U.S.

That is news to me for sure.

For Apple, the hits keep on coming.

Cest la vie.

Maybe, its time to ignore this issue going forward?

(Long Apple, long and short options)

o~~~ O

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