Apple IncShort
$AAPL Issues continue to work against Apple.
It is a frustrating time for AAPL investors and believers, despite the surge pre earnings the stock price has now entered correction down 16% from its May high. "It never rains but it pours" is very true regarding AAPL. Having lost a long standing battle with Qualcomm, then 
SPOT and the EU have taken issue with AAPl's compliance with competition laws.
Added to that is the China, USA trade talks escalating into a trade war in the past few weeks,these factors have sent AAPl and all of it's suppliers into a tailspin.
As Mr Trump has almost certainly derailed the talks by banning Huawei, it is now a matter of who can suffer the most pain, it is thought that Trump holds the aces in the game but time will tell who will blink first. President XI has been leading the USA on a merry dance for quite a while, but this may be his last chance to make a move. If Trump can convince Europe to follow his actions, China will be slowly suffocated in world trade.
AAPL. Having lost a long standing battle with Qualcomm, then SPOT and the EU have taken issue with AAPl's compliance with competition laws. Added to that is the China, USA trade talks escalating into a trade war in the past few weeks,these factors have sent AAPl and all of it's suppliers into a tailspin.
As Mr Trump has almost certainly derailed the talks by banning Huawei, it is now a matter of who can suffer the most pain, it is thought that Trump holds the aces in the game but time will tell who will blink first. President XI has been leading the USA on a merry dance for quite a while, but this may be his last chance to make a move. If Trump can convince Europe to follow his actions, China will be slowly suffocated in world trade.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.