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Technology Stocks Apple Inc.

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From: Moonray	7/28/2021 8:24:36 PM
	of 211497

Apple will require masks in many U.S. stores regardless of vaccination status o~~~ O

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From: NAG1	7/29/2021 9:11:57 AM
	1 Recommendation of 211497

So, instead of focusing on the great quarter Apple had and the continued huge demand for their products, the bears of Wall Street have focused on the chip shortage that was mentioned and using this to have Apple sell off after earnings, at least according to this piece on PED30. ped30.com I think the big thing, for me, is that most consumers, if they have to wait a couple of weeks(and maybe months) waiting for an Apple product, most will wait until one is available. So it isn't a lost sale. It is just a sale delayed. I also don't necessarily buy that the sell off was totally due to the chip shortage. It had started, according to what I saw, after they had announced the numbers but hadn't talked about the chip shortage yet. The present quarter's results didn't make it seem like the chip shortage was hurting Apple badly in the numbers.

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To: NAG1 who wrote (210687)	7/29/2021 10:22:41 AM
From: J.F. Sebastian	3 Recommendations of 211497

Makes for a good buying opportunity. Jim Cramer confirmed yesterday on Mad Money that the chip shortage narrative is what is holding AAPL back. My apologies to our moderator, clean86, who identified that issue early after earnings as the reason for the drop in AAPL. I find it ironic that Mr. Market is punishing AAPL for mentioning the chip shortage issue as a caution moving forward considering Apple had a blowout quarter and obviously sold many, many products. Apparently the Market was looking for any reason to hold it back. AAPL is still "beleaguered." :-)

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To: J.F. Sebastian who wrote (210688)	7/29/2021 4:38:31 PM
From: Doren	of 211497

I think the market is partly saying "OK Apple, you and a bunch of tech companies had some good quarters because everyone stayed home and bought new tech devices and content. But that doesn't mean its going to happen again. There's a vaccine now. Everyone already upgraded." Also unemployment and stimulus checks are coming to an end. Inflation may be coming.

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To: Doren who wrote (210689)	7/29/2021 4:39:26 PM
From: J.F. Sebastian	of 211497

And the market would be wrong in that case, especially for 5G iPhones

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To: J.F. Sebastian who wrote (210690)	7/29/2021 4:51:01 PM
From: Doren	of 211497

I'm still kind of at a loss about why 5G is so important. I guess to gamers maybe. I don't think many are gamers here, if not why do you care about 5G??? I'm curious, am I missing something? Personally the next phone I buy may or may not have 5G, but that's not what I care about at all. I'm interested in a bigger screen, more RAM, bigger battery, fast charging and image stabilization. The Samsung A52 comes in two versions one with 5G, one without. I'll go for the cheaper one. It'll probably run around $200.

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To: J.F. Sebastian who wrote (210688)	7/29/2021 4:53:12 PM
From: Doren	of 211497

$4 off all time high is a buying opportunity??? he he

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To: Doren who wrote (210691)	7/29/2021 5:02:50 PM
From: Doren	of 211497

5G-Enabled Smartphone Market Is Booming Worldwide with Xiaomi, Apple, Huawei I guess larger businesses and business people like salesmen will benefit from the ability to use heavier apps with larger data flows they might be developing. Hopefully I won't be involved with any of that. All the pop up bullshit complexity of what was simple html has made the internet far more annoying and even useless.

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To: Doren who wrote (210691)	7/29/2021 5:08:23 PM
From: J.F. Sebastian	of 211497

I don't care about 5G personally and we really don't need it. Yet. However, big tech has been very successful marketing it as the Next Big Thing, so people needing any excuse to upgrade their phones or other devices have been clamoring to get ones that are 5G-enabled.

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To: Doren who wrote (210692)	7/29/2021 5:15:04 PM
From: J.F. Sebastian	1 Recommendation of 211497

$4 off all time high is a buying opportunity??? he he More so than if AAPL had shot up another $10/share after earnings in this already overheated market. You're thinking only long term. People who day trade stocks around here or buy options think in shorter time frames. So yes, this pause in AAPL's ascent is a nice breather and opportunity to buy more because with earnings that good, prices should be much higher a year from now.

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