The news of the injunction is shifting shares sharply downward as has drastically changed the perceived progress of the two companies' relationship.
Top of mind for investors when considering Apple is the whipsaw relationship between the United States and China.
The momentum indicator may be a signal that bears on Apple have already taken the bulk of their bite.
Apple's reports earnings after Thursday's market close.
Apple's long-term thesis is emboldening analysts.
Exposure to China is provoking some anxiety into its earnings results.
The technical signals for the maker of electronic components indicate the recent rally in its shares could be short-lived.
iPhone volumes and pricing trends, services growth and potential margin upside are among the things to watch as Apple reports.
There is clear divergence between the best and the worst performers in each sector this earnings season.
The big, bad wolf showed up at the door on Wednesday, but here are ways to deal with him.