2 Reasons to Be Cautious About Apple In the Near Term
Apple (NASDAQ: AAPL) was the last significant large-cap tech company to report its results in what turned out to be a frightful week of earnings for tech companies right before Halloween. But, unlike its peers, it surprised a pessimistic market by posting excellent results and beating analysts' top and bottom-line forecasts.
However, even though the stock seems immune to this terrible downturn, investors should be cautious about investing in Apple today for these two reasons.
The strong dollar has two negative impacts on U.S.-based companies.
Source Fool.com