good company, despite of its ceo, but the days of this being a good stock are long, long gone.
never will this go up 20% in a year ever again.
I wouldn't consider aapl a gamble. a gamble can drop 30% or more in a week.
but yes, I probably need to diversify........
ever hear of them?
they are audited by PWC - that is at least a little comforting.
he also published the blurriest photo ever taken at the SB with his iphone.
does anyone really need to hear that he just doesn't get it?
I am fairly certain you will be able to buy shares cheaper in the coming weeks than where they are trading right now.
this stock is done. it is obvious. short at will.
aapl has been by far the largest % (typically between 40% and 60%) of my portfolio for as long as I can remember.
today I am selling half and buying fb. I have never liked tim cook. but this morning it just slapped me in the face that todays results will prove that the tim cook experiment has failed. and with that tim cook will continue to lead appl.
unfortunately I agree. companies that take a beating like this seldom recover. I find that very true.
the war chest amassed because of the iphone. not his idea.
the point is he has not used the war chest to generate any other meaningful growth.