Apple’s (AAPL) Battered Shares Rise in Five-Day Rally - But Will It Continue?
Of course not!
“There’s a lot of uncertainty about them reigniting growth in the short-run,” said Frank Gillett, an analyst at Forrester Research. “Will the next iphone have something dramatic in it > that will change its market potential? Can they do an acquisition? Can they announce a new product?”
Those are some good questions. Let me answer them. No, yes, yes. Next?
Want to know what the next iPhone will be like? It’s gonna be a lot like the 6s, but with some more features and minor improvements to existing ones. Apple does acquisitions all the time. Few are huge. Apple will have new products. They will. Trust me. No, seriously, they will!
Rumors have swirled for many months of a possible Tesla (TSLA) acquisition, which would move Apple into the hotly-popular driverless car arena.
Hotly-popular. Like the writer’s mom!
Too bad Janet Morrissey couldn’t even wait for the markets to close before writing this. Then she could have written “Battered Shares End Four-Day Rally” since it’s starting to look like AAPL won’t end up for the day.