Description: Apple Inc. gave an underwhelming forecast for the key holiday period suggesting weaker-than-expected demand for pricier new iPhones. The company further stoked concerns by saying it will stop reporting unit sales of its most-important product.
Source: Bloomberg.com – video report
Date: Nov 01, 2018
Questions for discussion:
- Why did Apple share value fall?
- Do you think the market overreacted to the announcements?
- What would you advise current shareholders do now?
- Would you advise new investors to take advantage of the price drop?