Let's see how long AAPL is able to hold its value before selling off again. Apple has too many gutless shareholders who quickly dump their stock over any unconfirmed negative rumors. Apple has shareholders who have little confidence in Apple or Tim Cook. Look at how solid MSFT stock is at $1T+. There is very little chance of MSFT stock shedding $450B of value as Apple did. Wall Street loves THE CLOUD and any company that has such a business. Apple should have acquired a cloud business instead of just buying back shares. Apple needs a business Wall Street considers an unlimited growth business. Apple mainly depending upon iPhone sales for consistent revenue is too risky and Wall Street knows the smartphone business is a zero-growth market, at best. Look at Microsoft's high P/E (26) compared to Apple's P/E (19). Apple's P/E definitely shows a lack of big investor confidence. Apple carries the lowest P/E of all major tech companies and much lower compared to any of the FANG companies.
Sure, sure. From the guy that was practically guaranteeing that Amazon would hit 1T before Apple would back on March 9, 2018. Meanwhile, in the real world, Apple has closed over the 1T mark multiple times and Amazon still hasn't.
Let's see how long AAPL is able to hold its value before selling off again. Apple has too many gutless shareholders who quickly dump their stock over any unconfirmed negative rumors. Apple has shareholders who have little confidence in Apple or Tim Cook. Look at how solid MSFT stock is at $1T+. There is very little chance of MSFT stock shedding $450B of value as Apple did. Wall Street loves THE CLOUD and any company that has such a business. Apple should have acquired a cloud business instead of just buying back shares. Apple needs a business Wall Street considers an unlimited growth business. Apple mainly depending upon iPhone sales for consistent revenue is too risky and Wall Street knows the smartphone business is a zero-growth market, at best. Look at Microsoft's high P/E (26) compared to Apple's P/E (19). Apple's P/E definitely shows a lack of big investor confidence. Apple carries the lowest P/E of all major tech companies and much lower compared to any of the FANG companies.
Sure, sure. From the guy that was practically guaranteeing that Amazon would hit 1T before Apple would back on March 9, 2018. Meanwhile, in the real world, Apple has closed over the 1T mark multiple times and Amazon still hasn't.
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For reference: https://forums.appleinsider.com/discussion/204514/apple-stock-price-sets-new-post-split-record-closing-at-179-98/p1
Gotcha! Wonder if you’ll get a response.