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SSNLF - Apple Will Soon Give Back Its Gains In Spite Of M1
Samsung Electronics Co Ltd
Apple's M1 SoC is showing impressive performance, implying the company made the right choice in ditching Intel.
The success of M1 is a reminder that Apple still holds the ability to innovate and create disruptive tech in an industry with increasing consolidation.
The short-term technicals, however, are quite bearish for Apple, and a speculative options play on the short side currently makes the most sense.