Apple Inc.

As much as it sounds silly to think that someone would make Apple their [largest short position](https://www.cnbc.com/2023/09/07/hedge-fund-investor-dan-niles-says-apple-is-now-his-largest-single-stock-short.html), it's worth looking into the thesis on why it is.

![Image upload](https://cdn.commonstock.com/7589f983da1f0f47ff50923ba4ba16817b8b3c0612b9c1db37527522fbcd5209-937x1200.png)
[Source](https://www.danniles.com/articles)

Out of the 6 points, the issue I have most is the interest rates. I don't think many people take out personal loans or BNPL financing to purchase a new iPhone every few years. I'm curious to hear the community's thoughts.

Makes sense for the most part. Weirdly refreshing to see a contrarian take. 

I can’t doubt them until I see it get worse though. 

Josh Kohn-Lindquist

Niles broke down several reasons for his move, including the risk stemming from China's potential ban. 

https://www.cnbc.com/2023/09/07/hedge-fund-investor-dan-niles-says-apple-is-now-his-largest-single-stock-short.html

Hedge fund investor Dan Niles says Apple is now his largest single stock short

Niles Investment Management was founded by Dan Niles and combines decades of experiences with a thematic approach in an effort to deliver steady and consistent returns to build longterm wealth while safeguarding assets across market cycles.

Niles Investment Management

Dan Nile's bear thesis on $AAPL

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