Thursday, May 23, 2019 8:08:19 PM
It is a frustrating time for AAPL investors and believers, despite the surge pre earnings the stock price has now entered correction down 16% from its May high. "It never rains but it pours" is very true regarding NASDAQ:AAPL . Having lost a long standing battle with Qualcomm , then NYSE:SPOT and the EU have taken issue with AAPl's compliance with competition laws.
Added to that is the China, USA trade talks escalating into a trade war in the past few weeks,these factors have sent AAPl and all of it's suppliers into a tailspin.
As Mr Trump has almost certainly derailed the talks by banning Huawei, it is now a matter of who can suffer the most pain, it is thought that Trump holds the aces in the game but time will tell who will blink first. President XI has been leading the USA on a merry dance for quite a while, but this may be his last chance to make a move. If Trump can convince Europe to follow his actions, China will be slowly suffocated in world trade.
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