03-09-2020, 02:39 PM
(03-09-2020, 01:56 PM)fenders53 Wrote:Great, I would not have been able to put a number that it will be down by 55%. But it gives a prospective on how much other sectors will be impacted and that impact on economy.(03-09-2020, 01:31 PM)vbin Wrote: Feb Phone sales down 55% in China compared to a year ago. Apple quarterly will be wiped out.
That wasn't hard to see coming but they have a zillion dollars of cash on the balance sheet. I'll wait for my re-entry. I left AAPL too early in 2019 via a covered call sell . Not sure I will be completely vindicated, but I'll find an entry I am comfortable with. Probably early for AAPL IMO, but the market has priced in some very, very bad news on boring stocks with well above market Divs. That will make me smile next year and beyond.