Carl Icahn Dumps Apple, due to concerns in China!

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FireEmblem_Man

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#1  Edited By FireEmblem_Man
Member since 2004 • 20248 Posts

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Things are looking worst for Apple, as Carl Icahn has sold his shares of Apple due to concern sales of Apple products, most notably, the iPhone in China as well as issues stirring between the country and Apple.

What does this mean @musicalmac? Apple's stock has never been under $100 before, seems like they have missed their chances hitting a Trillion.

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FireEmblem_Man

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#2 FireEmblem_Man
Member since 2004 • 20248 Posts

Looks like @mister-man is scrambling about whether to sell his stocks or not!

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Mister-Man

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#3  Edited By Mister-Man
Member since 2014 • 616 Posts

Nevermind the fact that you somehow think a company's public stock value (something that changes at the whim of speculation and the ebb and flow of global markets) is linked to a company's particular success, but you completely missed news of Apple gaining significant ground in a market that matters as much as China; India. Google lost almost half their userbase to Apple in just the two quarters the iPhone was released there.

Why do you even try anymore? All signs point to the same thing. Apple's continued reign.

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musicalmac

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#4 musicalmac  Moderator
Member since 2006 • 25098 Posts

Apple rallied 11% over the past week, and they're going to rally again, over, and over, and over. Besides, Buffet just bet big on Apple. One billionaire steps away, another steps in, welcome to the volatility of the stock market.

It is fun, though.... :D