Instead of listening to anti-Apple critics, maybe we should pay attention to where the money goes. Tera Thomas O’Brien on Apple’s money trail.
For months we witnessed a daily litany of critical noise on all things Apple– but especially how terrible iPhone X was doing in the marketplace. As it turned out, there wasn’t much facts in those headlines dissing iPhone X’s fortunes. Meanwhile, Apple gobbled up tens of billions of AAPL stock as the market reacted negatively to the negative news.
That negative noise drove AAPL down. Meanwhile, Apple and Warren Buffett’s Berkshire Hathaway picked up billions in stock. Buy low, sell high.