I guess it will be after the presentation of new products, then we can see the stock at more than $110.
and Tim Cook continue selling his shares https://finance.yahoo.com/news/tim-cook-just-cashed-28-140500177.html and he does not wait for iPhone 7 release
Thanks a lot. It's interesting to read. I guess that Apple will manage to improve its number of sales.
Interesting, and this is in addition to what he just sold prior to this one last week. It seems he had a Rule10b5-1 trading plan (scheduled plan) in place since May 16, 2016. https://www.sec.gov/Archives/edgar/...19324/xslF345X03/wf-form4_147268268998840.xml
I tend not to give a lot of consideration to insider sales. Insiders are very long their own stock all the time and when stock grants vest, it's typically good practice to reduce exposure to the company you run and sell when you can. However, when an executive purchases its own stock with cash--that gets me interested.
shares are moving slightly higher in premarket and you wouldn't make a mistake if you buy more today.
According to historical iPhone release data: http://seekingalpha.com/instablog/47498064-vicorka/4914593-iphone-release-history-expect we will have today positive opening and then AAPL will dcline. Then we will have bug reports and AAPL secline more and nothing serious will happend until 3Q earnings
Yesterday's buying was a pure hope and excitement. Today we are starting to see the "taste". Professionals started to digest the news: http://finance.yahoo.com/news/well-fargo-downgrades-apple-115037352.html Investors hope for China is fading: http://finance.yahoo.com/news/apple-latest-iphone-t-help-231536156.html Improvements do not look as attractive: "Apple’s new $159AirPods only run for five hours, so on a flight from the East Coast to San Francisco, they’ll run out somewhere over Nevada." http://finance.yahoo.com/news/apple...-people-hate-the-tech-industry-205324013.html Is is going to be interesting to see whether the "Apple's loyalist" would be able to hold. When iPhone hits the customers - preorder starts on 9th. Approximately on 16th we will have first customers' reviews. If now Apple is under the pressure of pros, in a week it will be under the pressure of pros and street.