stock market reviews are less than stellar.

apple stock trending downward.

AI expectation was bigger that what Tim and team delivered.

thumbs up.

rob

Buy on rumor, sell on news. Same old, same old.

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PeterW
Buy on rumor, sell on news. Same old, same old.

Yep. I deliberately held off from buying AAPL for the last few weeks with the expectation that this exact thing would happen.

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It is what it is.

Beleaguered is the term, isn't it?

That and doomed.

IF you think Apple's approach to the current AI bubble is rational, it's likely a time to buy.

If you think this WWDC is a sign that Apple is having its Ballmer/iPhone moment, you should sell.

There is no investment advice direct or indirect in my note. Just observing some of the views I've seen expressed since the Keynote.

"Apple's (AAPL) stock surged 7% on Tuesday to reach a record-high close for the first time in 2024 as investors digested the announcement of its AI platform, Apple Intelligence. After the stock fell on Monday during and after the company's WWDC conference, the stock moved higher, notching its best single-day performance since November 2022, as some Wall Street analysts cheered the company's announcements."

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