Apple: Great Company with Lofty Valuation - Due for Pullback [View article]
I have owned Apple since 08/2003, and I could not agree with guliamo more. It is a brand, but all brands do wear thin if they do not continue to keep pace with change. Starbucks is a prime example, and MacDonalds is another that recovered from its failures. Coca-Cola is still mired in its legacy image. I do not think Apple is comparable to any of those, but there is a saturation point to be aware of. Calling it is fruitless - I doubt anyone will get it until after it happens.
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I have owned Apple since 08/2003, and I could not agree with guliamo more. It is a brand, but all brands do wear thin if they do not continue to keep pace with change. Starbucks is a prime example, and MacDonalds is another that recovered from its failures. Coca-Cola is still mired in its legacy image. I do not think Apple is comparable to any of those, but there is a saturation point to be aware of. Calling it is fruitless - I doubt anyone will get it until after it happens.
Aug 20 14:38 pm
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All Comments by InvestorCP »Apple: Great Company with Lofty Valuation - Due for Pullback [View article]