Wall Street analyst breaks down the flaws in Apple’s new services announcement as AAPL falls again – Source – CNBC (03/27/2019)

Tom Forte of D.A. Davidson and CNBC’s Julia Boorstin discuss questions that remain surrounding Apple’s announcement of its new video streaming service, Apple TV+, with CNBC’s “Power Lunch” team.

Apple stock rallied into a hype event that failed to meet the hype and so is falling again. But the stock has been lagging the market averages since October and that is the type of action that you can expect in ANY big cap stock market laggard.



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