The only reason this stock Is above 90 is because Buffets buy in. There is only so much more you can do with a I phone, and competion is fierce. Whats new in the Pipe line?? Without the Dividend even much lower.Tim Cook is great manager but no Steve Jobs.
Who ever cuts production, has fears of losing market share and income, low cost producers have edge, but with New technology , New Producers have low cost production.. If world wide oil consumption slows then will have lower oil production and lower cost oil, Dont know what is going to happen.