Apple shares
Investment Thesis
AAPL has suffered a sharp post-earnings selloff of approximately 11.7% from its $342.89 all-time high to $308.91, driven by guidance disappointment and supply chain fears that appear largely priced in at current levels. The stock's fundamentals remain intact — Q3 revenue of $109.4B (+16% YoY) and EPS of $2.02 (+29% YoY) confirm robust underlying demand — while the $302.82 recent low establishes a near-term floor just 2% below current price, offering an asymmetric entry point. With the AI crowding unwind and tech rotation creating indiscriminate selling pressure on quality names, AAPL at $308.91 represents a mean-reversion opportunity back toward the pre-earnings consolidation zone of $325-$333 over the next 6-10 weeks.
Why It May Work
Why It May Not Work
Timeline
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