ChampionPower

Unfortunately in the year 2106, Apple's current stock price says nothing about the basic soundness and operation of the company! Whereas once a stock price pre-1990s, reflected the earrings, revenues and debt healthiness - today it is mere stock speculation and manipulation that drives a stock price as witness the irrational enthuasim for Amazon's highly inflated stock price in relation to its profits, revenues and zero dividends.

In business, every year is a tough year! Also, every year the naysayers and speculators keep saying how Apple is 'doomed' and that the market for smartphones is saturated! Funny, few criticize Google for its dominance and fall from grace due to an onersaturation in advertising on the Web as if has no upper limit restrictions. I never hear the 'doom and gloom' crioticism aganist any other industry or company, clearly the Street has always hated Apple and this was true when Steve Jobs was alive as well. Apple is a great company, their products are expoensive but innovative and stylist too. Every winter since 2012, writers have been lamenting, predicting and hoping with glee the end of Apple Inc.