After Apple Conference Call: Why did the stock price go down?

Apple’s financial result is good in all aspects. The only worry is whether this growth momentum can continue into coming quarter due to global supply chain issues related to components shortage as well as worsening coronavirus pandemic.

Taking profit is an usually trend after conference

AAPL is the most watched stock in the world, and for good reason. it's the largest company in the world (by market cap). APPL bears: "OMG, this company can't grow forever. After all, everyone has a iPhone, Mac (name your product). AAPL bulls: "This company is very profitable, popular, has an excellent track record of growth". i fall in the latter camp, with one caviat to mention: I've owned for 15 years, bought more along the way, and never sold. 1000% gain. My only regret is not buying much more back then. There is typically a run up in price before a quarterly reports and product launch, then a drop afterwards when the bears retreat saying "Great performance, but they sure can't do that again". The dips are buying opportunities...it rocketed to $125/share (4 for 1 split-ajusted) last year, then dropped to $118/ share earlier this year. Do you wish you bought then? I do, but $AAPL is 20% of my portfolio, not by choice but by growth. i'm not bragging....just sharing my experience owning it. That said, I would never short-term speculative trade this stock. The institutional traders do that, which makes it's daily/weekly/monthly price very unpredictable. ...