Is Apple’s Fall After Earnings a Buying Opportunity?


Apple  (AAPL) – Get Report shares were under pressure Friday, down about 5%. It’s not the reaction that bulls were hoping for after the company reported earnings. 

After the close of trading Thursday, Apple reported a top- and bottom-line beat.

However, disappointing iPhone sales left investors a bit cautious, even though the company recently rolled out its new lineup of 5G devices.

The tone on Wall Street is much different than it was a few months ago. The last time Apple, Facebook  (FB) – Get Report and Amazon  (AMZN) – Get Report all reported on the same evening (in July) it kickstarted a massive rally that propelled the Nasdaq to new heights.





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