Having surpassed the key 200-day moving-average (and $200 level), risen for 10 straight days, and up almost 43% from the start-of-January lows, Apple’s Tim Cook must be laughing all the way to the bank…
But, amid price-cuts, uninspiring product launches, and overseas demand concerns, analysts don’t seem to be buying what Cook is selling…
Behold, the miracle of buybacks!!
WTF indeed?
via ZeroHedge News http://bit.ly/2G2vvo7 Tyler Durden