- richard torcato
- Last Active
Notice nobody on wall street will mention that Apple services revenue is as much as FB revenue. When does Apple service revenue get a 300B + market cap valuation? Currently wall street is giving apple zero valuation for their services and treating FB like it has unlimited growth potential (ask a teenager if FB is cool and you will learn that FB is losing this demographic....unlimited growth is not realistic)
the leaked stuff saying september's iphone will look like the current version is probably leaked by Apple so that people dont hold off buying phones right now. Usually during the summer people wait to upgrade because they know a new model is coming in september. If Apple comes out with another S model (iPhone S2) it will be a total dud and Apple stock will be crushed.
Now with Icahn and others dumping Apple it should be noted everywhere how bad these hedge funds lost money on Chespeake and all their poorly timed commodity bets...oh and Valeant too. Apple is down because they lost big at other casino tables. To say Apple is the problem is a joke, but whatever Apple will buy their shares and keep growing.
Icahn started selling Apple back in March because he had to. His bet on Chesepeake went from $30 to $2. The guy lost huge! Where does he make up that loss? by dumping his AAPL to cover. I wish Apple comes out with iPhone 7 in June this year. The last thing we need is these hedge funds jumping back in this summer after they've bashed Apple for their poor decisions on other bets.