Why Apple Is Floundering And The Stock Price Is Down [View article]
Aapl will never bounce back. I have to assume that the majority of iphone / ipad users simply have yet to use an android device. I switched to the nexus 4, 6 months ago and can't even hold an iphone 5 without thinking how incredibly old it feels.
People might hate the MS surface pro, but it is leaps and bounds beyond ipads, which are in reality, one of the most worthless pieces of hardware out there. Seriously...you need to spend 500 dollars on a larger screen when you have the same software on your phone?
In addition, do you think it just MIGHT be a possibility that you lucked out with your 'premonition?" Did you mention at all in your prediction about profit taking due to the end of tax cuts? For some reason, I doubt it.
I think it was safe to say that a drop to 590 was justified as 705 was far too high a price (at the time). But down to 505? That was clearly based on a huge sell-off from some very strong positions which just so happened to occur immediately following the election.
Now, im not one to say AAPL has a stronger future than GOOG, which is already justified in their PEs, but AAPL still has strong margins on their products and many loyal fans. While their market share may be shrinking, the market itself continues to grow. Itunes continues to be the best selling app store out there thanks solely to the devoted apple fans and their careless attitude to throw away money at things that should be free.
Short term, this is great for AAPL. They enjoy large margins on their hardware, and get strong sales on their software front(the true future and $maker of mobile market). This will be a great quarter for aapl. And its silly, if not downright stupid to be short aapl right now.
Why Apple Is Floundering And The Stock Price Is Down [View article]
People might hate the MS surface pro, but it is leaps and bounds beyond ipads, which are in reality, one of the most worthless pieces of hardware out there. Seriously...you need to spend 500 dollars on a larger screen when you have the same software on your phone?
Apple Shares Are A Screaming 'Bye' [View article]
In addition, do you think it just MIGHT be a possibility that you lucked out with your 'premonition?" Did you mention at all in your prediction about profit taking due to the end of tax cuts? For some reason, I doubt it.
I think it was safe to say that a drop to 590 was justified as 705 was far too high a price (at the time). But down to 505? That was clearly based on a huge sell-off from some very strong positions which just so happened to occur immediately following the election.
Now, im not one to say AAPL has a stronger future than GOOG, which is already justified in their PEs, but AAPL still has strong margins on their products and many loyal fans. While their market share may be shrinking, the market itself continues to grow. Itunes continues to be the best selling app store out there thanks solely to the devoted apple fans and their careless attitude to throw away money at things that should be free.
Short term, this is great for AAPL. They enjoy large margins on their hardware, and get strong sales on their software front(the true future and $maker of mobile market). This will be a great quarter for aapl. And its silly, if not downright stupid to be short aapl right now.