Samsung is expected to lose $5 billion in profits thanks to the Galaxy Note 7 debacle.
How We're Going to "Short" Samsung
But with this "short" strategy, Samsung's loss could line your portfolio...
Samsung is expected to lose $5 billion in profits thanks to the Galaxy Note 7 debacle.
But with this "short" strategy, Samsung's loss could line your portfolio...
by David Zeiler
The recent rise in the Apple stock price does owe something to the exploding Samsung Galaxy Note 7 disaster, but it's nowhere near the whole story.
The AAPL stock price rally began two months before the Galaxy Note 7 problems started to get attention in late August. Apple stock is up 22.7% since June 27.
Here's the real catalyst behind this year's AAPL stock price rally...
by Tom Gentile
Apple stock rallied 11.6% following the iPhone 7's release.