Bad news though for current investors like Warren Buffet who lost $3.5 billion yesterday (Nov 2). Now that the stock price of Apple is down, then it is a great news for new investors to buy stocks because this is a temporary hiccup. Come late December to early January, I'm sure the stock price will soar as people will buy new phones for their loved ones or for themselves.
Posted in
General
by
George
Reply
You have a good way of changing a bad scenario into something advantageous. Regarding Warren, he will eventually regain his losses when the price of Apple stocks will recover, so long as he doesn't sell them before the stock's price goes up... See more
Altair
Reply
I have to concur with the temporary hiccup. The economy is getting stronger so people have money to spend on new devices that Apple launched this year. Apple will recover later, if not sooner.