Apple’s performance amid the news flow, with regard to its messaging to suppliers, of the past couple of years speaks to the importance of not relying on media accounts, on doing your own research and on properly assessing current conditions.
With regard to current conditions, make no mistake, if the macro backdrop was not overall bullish from 1/2016 to current Apple’s stock would have buckled under what would’ve been presumed to be the weight of the following headlines (courtesy of Bespoke Investment Group):
Instead, here’s what happened from the first date above to the last: click to enlarge…