Tech stocks deliver ‘mixed outcomes’ for investors as Apple shares ‘lose ground’

Portugal Notícia Notícia

CommSec’s Tom Piotrowski says technology stocks have continued to deliver “mixed outcomes” for market investors. “Chip makers had a recovery, so Advanced Micro Devices up by more than 2 per cent, video up by 1.5 per cent,” Mr Piotrowski told Sky News Australia. “Apple shares continue to lose ground, so having lost about 1.7 per cent yesterday they were down by another 1.2 per cent. “Last night the product launch not going over the way they had hoped and there were more discussions around the initiatives or the efforts of the Chinese in relation to the conversation about Apple. “Last night, there was suggestions that Apple has some security failings and that was a bit of a headline that may have played into the performance of Apple shares.” Presented by CommSec.