Apple is under pressure ahead of the Q2 Earnings call. The Stock closed at around $390 on Friday. That is the lowest it has been over a year. At some point not long a go Apple was at over $700 and analysts predicted the $1,000 mark.
Apple's co-founder Steve Wozniak though found some words of hope on Friday. He sees Apple still doing better than its competitors in the industry. According to TechCrunch he said also: "Apple’s business model tends to be new products, even products that didn’t exist before and doing well out of them and not re-making the same thing, as eventually that just gets a little bit stale. So I would guess that Apple is very well prepared, and working on new things that are going to surprise and shock us all. And I honestly don’t know [what]."
So lets keep all calm and lets wait until Apple "shocks" us. Tomorrow the company likely shocks us with poor earning numbers.
Luigi Lugmayr Luigi Lugmayr (Google) is the founding chief Editor of I4U News and brings over 15 years
experience in the technology field to the ever evolving and exciting
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