Apple Pie or Rotten Apples?

Apple will be reporting its financial performance tomorrow and investors are sitting on the edge of their seat. This will be the first quarter where the company will report the sales of the iPhone 8 & iPhone X series of phones. The stories around the sales of the $1,000+ phone have been all over the map. When the phone was first released, Apple reported that sales were great and that there was a shortage of product. There always seems to be a shortage of iPhones when they are first released. We suspect this is a marketing technique designed to whip the media into a lather. But over the past month or so, news has been leaking out that Apple is cutting orders from its suppliers. This has caused some concerned by Apple Bulls.

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