Dan Gallagher

speaker

617 appearances 15 recordings 1 series first heard Sep 2017 last heard Nov 2019

Dan Gallagher’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · Will iPhone 8 Hurt Apple's 'Supercycle?' · 25 Sep 2017 podcast

I mean, I think people think of it as like, oh, yeah, this is Apple's biggest business.

It's important to them.

It's a big business in its own right.

And so it may seem to nitpick about, okay, how many of what model they're going to sell.

It does matter a lot.

There's a lot of market value riding on, especially this coming year being a big cycle.

So it's being watched very closely.

It should be watched very closely.

And I think that's why we're seeing the stock.

I mean, the stock has essentially come down about 5% now since they unveiled these phones last week.

And some of that's because it had a big run up ahead of that.

But I think a lot of it has been like,

these early reviews haven't been terribly strong.

And now there's some question about how is this cycle really going to play out?

Yeah.

I mean, you know, that happens sometimes when an Apple has become a very cyclical stock.

So when it has a big iPhone cycle, the stock runs up and then it comes down.

So I think some of that was going to happen.

But, you know, to have the amount that's happened so far right up to the sale date,

And what you've noticed is that the last three days have been the hardest hit on the stock, and that's been when the reviews, especially of the watch, have come out.

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