Derf's Grotto

[fung_derf]

Ð.....this is interesting to note. I own very little $AAPL any more, be it good or bad.....

Apple sees increased sales in April and May but there is concern that those numbers are up due to discounting in China and due to people who were buying to get in front of possible tariffs. The stock is down 20% year to date. It's slightly below $3 trillion in market cap.

"Apple's iPhone sales rose to the top spot in China in May, with global sales growing 15% year-on-year during April and May in the tech giant's strongest performance for the two-month period since the COVID-19 pandemic, data from Counterpoint Research showed.

The increase in global sales was primarily driven by a return to growth in Apple's two largest markets, China and the United States". Reuters.