Apple Inc. (AAPL)

144.84
NASDAQ
Prev Close 143.76
Day Low/High 143.51 / 144.90
52 Wk Low/High 107.32 / 157.26
Exchange NASDAQ
Shares Outstanding 16530.17B
Market Cap 2376.38B
P/E Ratio 42.40
Div & Yield N.A. (N.A)

Latest News

Market Volatility, Fed Speak, Earnings, Treasury Bonds, Trading Apple

Market Volatility, Fed Speak, Earnings, Treasury Bonds, Trading Apple

There probably will be an intense period of market volatility that could stretch farther out than even I projected a couple of months ago.

Supply Chain Disruptions (Like Inflation) Are Non Transitory

Apple , which has the most sophisticated supply chain in the world is being forced to cut iPhone production.  There is no short term fix for this - lead times are expanding and are now over 22 weeks to get orders satisfied. If Apple is having an acu...

It's Not Winter in the Market. It's Just the Inverse of Summer

It's Not Winter in the Market. It's Just the Inverse of Summer

Unlike what we saw earlier this year, breadth is improving and the mega-cap tech stocks are taking the indexes down. Here's what that means for the market.

Apple and Supply Chains

I have made the case that neither inflation nor the supply chain dislocations were transitory. The Apple news supports the latter claim. Thanks for reading my Diary and enjoy your evening. Be safe.

Technical Conditions Remain Difficult as Banks Kick Off Earnings Season

Technical Conditions Remain Difficult as Banks Kick Off Earnings Season

While rates are playing havoc with growth stocks, there is other rotational action going on.

The Key to Investment Success Is Trade Management and Not Stock Selection

The Key to Investment Success Is Trade Management and Not Stock Selection

The investment process doesn't end once we buy a stock. It's what we do next that will determine our level of success.

Taiwan Semiconductor Is a Long-Term Investment But I Do Trade It

Taiwan Semiconductor Is a Long-Term Investment But I Do Trade It

How Important is Taiwan? On it's own, very important. As home to Taiwan Semiconductor? Invaluable.

Deceptive Rally, Short Squeeze Trap, Inflation, Jobs, Trading 2 Defense Stocks

Deceptive Rally, Short Squeeze Trap, Inflation, Jobs, Trading 2 Defense Stocks

Equities did close almost sharply lower than where they had been early on Thursday afternoon. You do want to see how this looks on a chart.

Marvell Technology Had an Awesome Investor Day: Here's My New Target Price

Marvell Technology Had an Awesome Investor Day: Here's My New Target Price

This firm is key to the data center, which is now expected to drive 40% of revenue generation.

Whirlwind of Torment, Energy Prices, Trading Apple, Palantir, American Eagle

Whirlwind of Torment, Energy Prices, Trading Apple, Palantir, American Eagle

Safe haven? Where is safe haven when U.S. Treasuries aren't really an option? Investors are swarming into the U.S. dollar and not much else.

Blue Monday, Gathering 3 'Roses', Ugly Nasdaq, Fossil Fuels, Trading Amazon

Blue Monday, Gathering 3 'Roses', Ugly Nasdaq, Fossil Fuels, Trading Amazon

In a real bear market, one that persists, volumes will dry up. Corrections are violent and volatile. That's where we are now.

In This Rough Environment, Keep an Eye on Cloudflare

In This Rough Environment, Keep an Eye on Cloudflare

You likely want something you're willing to not just trade but also to own.

I'm Carting Off With Some CVS

I'm Carting Off With Some CVS

Here's why a conservative name like CVS makes sense right now -- and how I'm playing it.

My Stock of the Year for 2022 (By Far!) Is ViacomCBS

* VIAC trades at only $40/share compared to a 'sum of the parts' value of $75/share * Viacom's operating results in 2022-23 will likely exceed consensus expectations * With a 12-month downside of only about -$3/share and upside of at least +$25/shar...

Micron's 'Fire and Ice' Report Got Me Thinking: Here's My Trading Plan

Micron's 'Fire and Ice' Report Got Me Thinking: Here's My Trading Plan

My feeling is that the gap created on Wednesday morning's open will try to fill.

Septembers and Octobers, Yellen's Hard Truth, Guidance Worry, Death of Peloton?

Septembers and Octobers, Yellen's Hard Truth, Guidance Worry, Death of Peloton?

It is now clear, in a world without all that much clarity, that professional money is in the early stages of distribution mode.

Apple Short Covered

I covered the balance of my Apple  short at $142.01.

My Apple Plan

I have covered half of my Apple short for a gain. I plan to build the short back up on a rally.

The Reward vs. Risk In Viacom Is Very Attractive

My largest position is Viacom .   Despite my analysis that a deal with Comcast is increasingly likely (albeit in late 2022/early 2023), my Gnome, high above the Alps, has been hearing that a large technology company (I'm guessing Apple , Google or A...

Jim Cramer: The Best of Breed Always Get It Right, But Can Facebook?

Jim Cramer: The Best of Breed Always Get It Right, But Can Facebook?

Companies don't become best of breed unless they are the best in everything they do. Facebook hangs in the balance.

Apple Note

As noted, I shorted Apple Thursday afternoon.   My view is that the market is not placing enough emphasis on the company's China exposure.

My Latest Moves

I sold my tag end positions in , and today.  New short (small) Apple ($146.90).

Jim Cramer: It's Pure Insanity That We Don't Make Chips Here in the U.S.

Jim Cramer: It's Pure Insanity That We Don't Make Chips Here in the U.S.

While the big guns meet at the White House about the global chip shortage, the president and these companies are approaching this all wrong.

Facebook vs Apple

Break in! Facebook is -3% after it says that changes in Apple's privacy terms will continue to be an advertising headwind in the current quarter.

5 Thoughts on Where the Tech Sector Stands as China Fears Mount

5 Thoughts on Where the Tech Sector Stands as China Fears Mount

A softening Chinese economy could be a headwind even if Evergrande is bailed out. However, deals can be found among companies with little or no China exposure.

Will Apple's New iPhone 13 Turn Out to Be Lucky for the Stock?

Will Apple's New iPhone 13 Turn Out to Be Lucky for the Stock?

There is one key point about the iPhone 13 that is less obvious but worth considering.

Jim Cramer: What to Buy Now? That's a Tough One

Jim Cramer: What to Buy Now? That's a Tough One

I'm not a bear, but I'm honest about what I see out there, and right now it's tough to find something to hang our hats on.

With Big Tech on Sale, Should We Buy?

With Big Tech on Sale, Should We Buy?

In the case of Apple and Alphabet, it appears the answer is yes, though a bit more downside in both stocks could come first.