I'll respond first by pointing to Blah123 and saying, "Exactly!" I admire Apple as much as many of the posters here. I just don't want to rely on them repeating their amazing past performance in the future. They already have a market cap of $100 billion+. Are they going to be worth $300 billion in five years? Or $500 billion. What's realistic?
User146420, I don't think it's arrogance to assume that Apple will never come up with another hot product, I think it's conservative not to make an investment that requires them to produce multiple hot new products. I'm trying to tilt the probabilities in my favor.
Pat S, you make a very convincing bull case. I think the stock is a buy as well. I am just waiting for my price.
A Closer Look at Apple Stock [View article]
User146420, I don't think it's arrogance to assume that Apple will never come up with another hot product, I think it's conservative not to make an investment that requires them to produce multiple hot new products. I'm trying to tilt the probabilities in my favor.
Pat S, you make a very convincing bull case. I think the stock is a buy as well. I am just waiting for my price.