You got it......it's now stuck in that stagnant Dow. Forget any significant growth, poor old Carl is dreaming it will ever achieve that 240 mark. Maybe just maybe it will hold 120.
Add Apple now stuck in the Dow with other heavies that stagnated. Icahn forgot the weight of the Dow, he's now blowing smoke, Apple will never achieve Ichan's fanatsized 240. In the eyes of WallStreet PE is meaningless. Take Amazon's PE for example, therefore PE means nothing.
Stagnation has set its place in Apple......unfortunately.
That's a big maybe since it's wallowing now in the Dow with GE's and other stagnant Blue Chips.
Not any more, it's stuck in the Dow with the GE's and other Blue Chips that are wallowing.
MUCK with the GE's and other Blue Chips.....like it or not.
It was stupid because it can't function without the aid of the iPhone. That's the biggest flaw. I thought about buying one until I discovered it can't stand alone. Big screwup.
Besides Amazon is not cheap. They only excell in prompt shipping. So, if your not in a hurry there are better values with prepaid shipping and sometimes less sales tax. Too many are influenced by Prime.
Just another dumb poster......beyond dumb.
Simple fact......you just don't know what your talking about. Do you really think Apple has peaked, very doubtful, unless you have an inside track on Apple's Think Tank. So, stop blowing smoke unless you know what the Hel. your talking about.