Jeffrey Gundlach on Apple warning: 'This is the kind of stuff that happens in a bear market'

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Top investor Jeffrey Gundlach weighed in on what Apple's shocking revenue warning on Wednesday means for the broader stock market.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Bush fucked it up and Obama saved Wall Street and left Main Street to rot. The same thing will happen again and again until there is market reform. Apple is not a canary in the coal mine. Get real.

The fall in revenues is specific to Apple & it's components suppliers & it has nothing to do with economic slowdowns as Apple has taken customers for granted with its pricey iPhones but the truth is customers want more at lesser prices which the company has failed to do until now

This is no surprise. The marketers are bad by design. This is not a phenomenon but frequent and sexist acting crashes are a part of the failure of the capitalist market. Move on.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here's how Apple's shocking sales warning could be foreshadowing disaster in the oil marketApple's big reveal yesterday that China's economic slowdown will dampen revenues shows one reason why oil prices face headwinds despite OPEC's move to dial back production.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Apple’s sales warning puts pressure on the European luxury marketApple’s warning that sales will fall short of its expectations is hurting the luxury market, which is also dependent on China for growth. this happening because of US tariffs.... same trick happen to Lotte
Source: MarketWatch - 🏆 3. / 97 Read more »

Stock-Market Standoff: Apple Warning vs. the Jobs ReportReasons abound to be both optimistic and pessimistic about the economy, and that has led to the one constant of recent weeks: There will be market volatility. Trump is taking credit for the never Trump states! Each states is picking up Trump’s fumble and running touchdowns, while Trump pats himself on the back. You no longer own the job markets Trump. We’re leaving Trump to stand behind his wall. Let's just hope the public can see through the anti Trump Wall Steet manipulations! Look at your own pay checks and look around! Wall Street isn't the economy!
Source: WSJ - 🏆 98. / 63 Read more »

DoubleLine's Gundlach: High-yield market flashing 'yellow' on recessionThe high-yield 'junk' bond market, which has been a leading indicator ...
Source: Reuters - 🏆 2. / 97 Read more »