Thursday, September 25, 2014

[AAPL] is in trouble

Ever since Jobs died I have known that AAPL was skating on thin ice.  So its big push since 2013 counts as a 5th wave up to me which the market will see as a double top.  It will go down at least 50% in the next 18 months, perhaps much more.  It doesn't hurt that their latest phablet is catching millions of views on YouTube as the phone that bends in your pocket.  It doesn't matter if the accusation is fair or not.  It only matters that now the herd will be skeptical of AAPL instead of being skeptical of its detractors.

AAPL better come up with some real innovation or it is going to collapse.  Unfortunately, with Jobs gone, who is left to do it.  The place is full of bureaucrats now, starting at the top.


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