4.8 • 972 Ratings
🗓️ 8 October 2024
⏱️ 13 minutes
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0:00.0 | This is Mac OSKIN. |
0:07.0 | An interesting downgrade for Apple shares, questionable Apple product leaks out of Russia, and oh so many OS betas. |
0:18.6 | It is Tuesday the 8th of October 2024. |
0:22.1 | I'm Ken Ray and this is news from Maco-S Ken brought to you by |
0:28.7 | yours truly and supported by people like you patrons through Patreon. |
0:36.1 | Find out more and add your support at patreon. |
0:40.0 | com slash Maco-Scan. |
0:46.0 | Not unlike last Tuesday's drop of about five dollars for Apple shares, it was more than just a negative note |
0:52.4 | that sent Apple down about five bucks yesterday. |
0:56.0 | A piece from CNBC Monday had the Dow off by nearly 400 points. |
1:01.0 | That was said by the report to be due to rising Treasury yields as well as a surge in oil prices. |
1:07.0 | Rising oil prices were again driven by tensions and hostilities in the Middle East, |
1:12.0 | reacquainting us with last week's FOIL uncertainty. |
1:17.0 | So no, it was not just a downgrade from Jeffries analyst Edison Lee that sent Apple's share sliding on Monday. |
1:25.0 | Again though, they likely did not help. |
1:28.0 | First, let's reintroduce Edison Lee. |
1:31.0 | Lee issued a couple of Naysaying notes around iPhone late last year and early this year. |
1:37.0 | Both had iPhone sales in China sliding precipitously, thanks largely the competition from resurgent Chinese phonemaker |
1:44.9 | Waugh Wei. Personally I found it hard to take his notes super seriously since he |
1:50.6 | wasn't the guy who covered Apple for Jeffries. |
1:54.3 | The guy who covered Apple for the firm was Andrew Yerquitz. |
1:58.0 | Not anymore. |
... |
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