Is Apple still the "apple of the eye"?Now we have heard how Huawei time precisely to launch its new foldable model together with Apple 16 which the latter received lacklustre sales in China. And they have to offered a discount shortly to shore up their decreasing revenue.
Will she still be the Apple of the eye? Ok, I hear you. Warren Buffett has sold some of his Apple shares but should we be overly concerned as retail investors ? Dun forget his volume is HUGE and in billions so to take profits is pretty common.
Then, that begs the question when do you sell a stock ? Hmmm, it depends if the fundamentals of the business has changed or a period of lower sales and profits that warrant a second evaluation.
Well, thus far their business is still intact and despite some competition from China , I think it is still doing well.Thus, I will be waiting for opportunity to accumulate again from 207 to 211 price level.
