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Is APPLe stock about to take a dive?

2-05-2018, 15:36 754 News

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iPhone sales are going weak. 
Is Apple stock about to plunge?
Cupertino geniuses will report Q2 earnings on May 1st after market close. Looks like Apple stock might take a hit from it.
Apple Inc. stock 5-year performance courtesy of*

Historically speaking, second fiscal quarters have always been tough for Apple: that’s when their main competitor Samsung chooses to unveil their latest phone models. This time around, however, there are additional concerns.
Apple’s two main hardware suppliers significantly lowered their forecasts on revenue for Q2, signifying that perhaps iPhone sales aren’t going that well.
If the concerns prove valid and Apple reports poor financial results on May 1st their stock 
might take a serious dive.

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