Is Carl Icahn Selling Apple (AAPL) Today?
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Long-Term Apple (AAPL) Holders Should Not Worry about 'Sell-the-News' Reaction, Susquehanna Says; Upside to Come from Pricing
September 4, 2014 7:16 AM EDTSusquehanna analyst Chris Caso weighed in on Apple (NASDAQ: AAPL) Thursday following yesterday's 4% sell-off on concerns about a 'sell the news' reaction to the iPhone launch. Caso thinks the main source of upside comes from pricing and the firm's Derivative Strategy Team laid out a strategy for long-term holders concerned about this type of reaction.
There is no change to the firm's build assumption with all iPhone models and iWatch now in production. "We believe about 5 mln units of iPhone 6 have been produced to date, which includes about 500k units of the... More
UPDATE: Apple (AAPL) Stock Pressured
September 3, 2014 9:47 AM EDT(Updated - September 3, 2014 9:52 AM EDT)
Apple (NASDAQ: AAPL) declined early on Wednesday, falling over 2% in the opening minutes of trading.
Downside could be related to comments from Pacific Crest to take profits ahead of next week's iPhone event. They said they... More
