Is The End Near For Apple Inc.?

Is end near for AAPL stock?

Apple - cult

A long-held cult favorite on Wall Street, Apple (AAPL) has hit a few road bumps in 2016. Just today, shares of the tech giant slid under $90 for the first time in 2 years. Apple’s (AAPL) current losing streak is approaching 10 days now and with more negative reports coming out, the worst may be yet to come. The company’s latest earnings featured shrinking revenue for the first time in 10 years primarily due to underwhelming iPhone sales. Given that the iPhone accounts for ? of revenue, there is little room for misses when it comes to phone sales.

Guidance from Apple’s suppliers are a great indicator of future iPhone sales. During the last 2...