Avoid Buying Apple Despite Holiday Upside

3 months ago

"Apple Ticker AAPL, their shares have been up more than 2%. They said it's going to have a jump in sales over the holiday season because of the new iPhones. And it really assured investors that that product is going to be a growth engine for them because they were kind of worried about it. So really behind it, if you look at the iPhone, I mean, the new one day updated the design. They introduced this like ultra thin model called the air. So there have been some updated to it. The lineup is the company's biggest moneymaker, accounting for roughly half of its revenue. I'm still not buying it."

Despite forecasts of a holiday sales boost from new iPhone models, the speaker expresses skepticism by stating 'I'm still not buying it', indicating an avoid stance on Apple.

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