The Lord Smiteth Apple’s Share Price

God from sun and moon.jpg

Baton rouge, lA

Apple’s stock is in free fall, following news of dwindling iPhone sales, and ban on older phones in China as well a potential trade war.

The Reverend Glenn T. Bilkens, CPA, market analyst and traveling preacher has another theory. “They say Chinese uncertainty, or revenue projections, but I know it’s something else. The Lord is angry with Apple, and he hath smote them.”

While “smote” is a lesser-used market indicator, Mr. Bilkens’ position is not without it’s supporters. Hailey Tubbs, a client/congregant of the Reverend CPA feels Apple has played fast and lose with religious imagery. “Does Moses have to bring smashed tablets to the Genius Bar? The Apple? A golden iPhone? iCloud? Apple is rotten to its iCore.”

Regardless, a majority of analysts are recommending their clients hold for now. Alex Foster, Market Manager for Tulls, Whitman, and Howe stated “We feel this is simply a market correction and Apple’s share price will continue it’s Faustian rate of return for years to come.” When asked if Apple was being smote by God almighty, he replied “Ridiculous! This isn’t Enron.”

When asked for comment, Rev. Bilkens could not be reached at his @aol address.