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Technology Stocks : Apple Inc.
AAPL 146.45+0.2%3:59 PM EDT

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To: Moonray who wrote (211023)10/28/2021 11:48:35 PM
From: NAG13 Recommendations

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Stock Puppy

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Apple sales miss expectations, Tim Cook says supply issues cost company $6 billion
Without the supply chain issues, that extra 6 billion would have put Apple at the high end of estimates. For right now, TC hasn't given me a reason not to believe what he says so I will tend to believe it.

Still, comparing it to the similar quarter last year, even though there were issues, it is a pretty darn good quarter, especially when you consider how big Apple is right now. If the estimates were for 80 billion and they came in with the present quarter, there would still be those that would say that it should have been better.

Apple will probably spend some time in the woodshed right now. I wouldn't expect any big moves up in the stock. I would hope that we would hold the mid 140s. I think they are going to have to grow into this valuation. But a lot may depend on how the analysts spin this.
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