It is unclear the exact cause Apple's stock price fell today, but it is yet another feature of Apple since the end of July this year, released the latest quarterly earnings report since the stock price decline trend continued spreading. While Apple's shares tumbled today, still no clear reason, but people seem to feel from investors' concerns about the iPhone and Apple Watch may be an important cause of the above results.
KGI Securities Investment recently issued a report claiming that Apple's iPhone smartphone sales in the fourth quarter of zero growth or even negative growth. KGI Securities believes that the weak momentum of China's economy will be one of the causes of poor fourth quarter sales of Apple's iPhone, and Apple will be on the next-generation iPhone handset configured Force Touch is still difficult to promote the iPhone mobile phone sales growth.
Meanwhile, UBS also announced the investment report, from the current search results, compared to Apple's Smart Watch Apple Watch with the company's various products had failed to attract significant attention of consumers, market attention Apple watch very low.
Since July 21 this year, released the latest quarterly earnings report since, Apple's stock price has been showing a downward trend weakness. A week ago, Apple shares fell 4%. In Wednesday's regular trading on the Nasdaq Stock Market, Apple shares fell $ 6.23, to close at $ 113.49, down 5.20%. In the past 52 weeks, Apple's lowest price of $ 95.18, the highest price of $ 134.54.
Despite Apple's recent stock price performance in the doldrums, but investors are still grounds for optimism that Apple holds. As Apple's latest earnings report reiterated that the company has a strong services, which can create a lot of revenue for Apple. Although the iPhone unit sales lower than the industry expected, but this phone is still the overall business volume grew by 35 percent.
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