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Technology Stocks : Apple Inc.
AAPL 162.41-1.3%Jan 21 4:00 PM EST

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To: clean86 who wrote (210675)7/27/2021 9:58:22 PM
From: Force Majeure1 Recommendation

Recommended By
Stock Puppy

   of 211258
 
Think what tanked the stock today was the news about the iPhone chip shortages.

Based on the vagueness of the earnings call comments, is it news or speculation? Yes, there was mention of chip shortages, but the reasons of said shortages remains unclear (at least in my book; feel free to help a brotha out if I'm misguided.) Could the hint of "shortages" be a demand "issue" and not as much a supply problem like the chicken littles are reporting? At least, that's how I took the 'news'. At the end of the day--right or wrong--the buzz and the market response decides the narrative, along with the actions that are taken, which will hopefully affect only the short term outcome of this amazing company.
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