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

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

 

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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.

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