{"id":375557,"date":"2020-04-06T06:37:25","date_gmt":"2020-04-06T10:37:25","guid":{"rendered":"https:\/\/financhill.com\/blog\/?p=375557"},"modified":"2020-03-28T18:00:16","modified_gmt":"2020-03-28T22:00:16","slug":"when-to-sell-apple-stock","status":"publish","type":"post","link":"https:\/\/financhill.com\/blog\/investing\/when-to-sell-apple-stock","title":{"rendered":"When to Sell Apple Stock?"},"content":{"rendered":"

When To Sell Apple Stock<\/em>: Apple (AAPL<\/a>) has been in a freefall since reaching historic highs at the start of the year. The subsequent two months began massive declines, fueled by the novel coronavirus\u2019s effect on the tech company\u2019s global supply chain and market.<\/p>\n

Although headquartered in Cupertino, California, a large portion of Apple\u2019s manufacturing occurs in Shenzhen, China<\/a>.<\/strong> This means the company has been weathering the effects of this pandemic much longer than the average American, and you can see it in the stock reports.<\/p>\n

Despite the massive hits, Apple isn\u2019t simply taking the beating lying down. It jumped into PR mode, taking the lead in sending employees home<\/a>, partnering with the Center for Disease Control on a coronavirus screening app<\/a>, and sourcing and donating 10 million masks<\/a> to the medical community. The company even aired a rare Oprah Winfrey special on its Apple TV special during the coronavirus lockdown.<\/p>\n

It\u2019s staying productive in the face of global shutdowns, but that doesn\u2019t make the tech giant immune to the devastating effects this viral pandemic is having on the global markets.<\/strong> Questions swirl around how it\u2019ll recover from the factory shutdowns in China and position its products toward an economy with far less disposable income to spend.<\/p>\n

The question on Apple shareholders’ minds is when to sell apple stock?<\/p>\n

Will Apple Stock Keep Going Down?<\/h2>\n

Although it got hit hard by coronavirus, Apple\u2019s Chinese factories were back up and running<\/a> by the end of March 2020. <\/strong><\/p>\n

Of course, the real question is whether there will be demand for an expensive iPhone 5G in an era where people\u2019s retirement funds are being annihilated by the market and toilet paper is a premium.<\/p>\n

Even worse \u2013 global municipality shutdowns of \u201cnon-essential\u201d businesses leave many without options to get their iPhone fixed in the event of a breakage.<\/p>\n