Act of God is required to stop APPLE from falling, starting tomorrow
As sad as it is, I think APPLE is going bellow $400 by no later than Friday.
1. BBRY have strong sell. GOOGLE phones are getting more traction.
2. S4 first batch of orders is 100m unit
3. Apple still has no direction on new products
4. Maybe they are waiting for S4 to come out so, they get an idea what they should do with next generation of products!! But is too late already.
5 even if the announce buy back or extra dividend will not help. since, it would be out of desperation to stop the falling knife at this time when competition is killing them.
6. Let’s face it poor Cook does not have what it takes to run company such as APPLE. Running Apple requires special set of skills, talents, vision, and imagination, which unfortunately is missing in Apples managements today.
9 months ago I send a fax to both CEO, and CTO, and plead to them to repackage iPhone in a larger screen size since, market is headed that way. Answer was: Apple think’s otherwise.
Even now that market has proved to Apple that this is what they need to do, still Apple CEO, CTO, Board have their head stock in the sand. like a camel.