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Β· Posted on
May 17, 2022

This bear market has cooked up the bad kind of Apple crumble and investor appetites are disappearing

Apple's stock prices are crumbling, along with the rest of the tech industry.

What's the key learning?

  • The terms 'bull' and 'bear' describe the state of the stock market.
  • A bull market happens when the economy and markets are going well, while a bear market is when things get tough.

πŸ‘‰ Background: Apple has been on a high lately, all while battling supply chain issues and inflation. Last quarter saw one of the company's all time best results, with sales soaring to US$97 million and profits up to US$25 billion.

πŸ‘‰ What happened: The entire tech industry has been crumbling around it, and now it looks like Apple's finally crumbling too 🍏 πŸ₯§. The company's share price sank around 6% last week, wiping billions off its value.

πŸ‘‰ What else: The Nasdaq (the tech benchmark) is also trending down around 12% for the month... It looks like the industry could be heading towards a bear market 🐻. Take cover in ya nearest log!

πŸ”” What's the key learning?

πŸ’‘ In the investing world, the terms 'bull' and 'bear' are used to describe the state of the stock market.

πŸ’‘A bull market is when the stock market is seeing share prices continuously rise. Like a charging bull, the stock market is running hot. Investors are chuffed, and people sense the economy is going strong.

πŸ’‘In a bear market, things ain't so good. This happens when prices in the market fall by 20% or more from their 52-week high. Investor confidence sinks and people see the market as risky business. But while we might be approaching a bear market, the good news is bear markets historically haven't lasted as long as bull markets.

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