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World Stock Markets Trading Discussion - Irredeemable issues


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Wouldn‘t be too surprised if they gonna spin the Apple problems as „company specific“, which would not be completely untrue. Apple simply went too far with its price policy. Those chinese smartphones used to be crqp. Not anymore. You get them for 300, you pay 1200 for an Iphone. If a BMW would cost FOUR times more than a comparable car from an lets say French automaker nobody would buy it.

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All Ords 5-day chart

big.chart?nosettings=1&symb=AU:XAO&uf=0&

http://bigcharts.mar...com/default.asp

 

The All Ords 5-day chart is a spidery scrawl and today's action merely added to it ..  The index finished -0.3% with sectors ranging from Gold +2.8% and Utilities +1.9% down to IT -2.1% and Consumer Staples -1.4%.

Over in Asia, China +2.1%, Hong Kong +2.2%, Japan -2.3%, India currently +0.2%.

Comfortable rises in UK/Europe: FTSE +0.6%, DAX +0.9% and CAC +0.7%.

 

big.chart?nosettings=1&symb=UK%3AUKX&uf=

  

  

big.chart?nosettings=1&symb=DX%3ADAX&uf=

 

 

big.chart?nosettings=1&symb=FR%3APX1&uf=

  http://bigcharts.mar...com/default.asp

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MORE THOUGHTS ON APPLE

given

1/ The iPhone has flatlined technologically - lengthening the replacement cycle.

2/ Apple can only increase sales and profits by raising prices

 

I cannot see the actual real reality price of this stock increasing.

I can only see it going down and taking the market reality price with it.

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