Ryan Suchet on Apple Inc. (AAPL) until Feb 01, 2012

 
Ryan Suchet on Apple Inc. (AAPL) until Feb 01, 2012
Sep 05, 2011
Views:113

With the absence of Steve Jobs at the helm, this ship will lack focus. Apple has been compared to a mad house full of creative geniuses, all competing with each other for the next hype -- But Steve Jobs was the glue holding them together. In addition, Apple is facing increasing competition and shrinking market shares from the Android-based phones. They have massive litigation against Samsung's Galaxy devices for patent infringement (and Samsung has counter-patent infringement suits), but when these clear, it will only further erode their market share. The hype is fading, and this stock is overpriced.

This is the opinion of its author, and does not necessarily represent BestStock.
Rating:
1
11
41
100% (1 of 1) are convinced
 
 
 
Ryan Suchet recommends selling AAPL
This idea expired Feb 01, 2012
 
 
AAPL
423
-8.77
(-2.03%)
Apple Inc. (NasdaqNM)
Range423.00 - 431.66Previous431.77
52 week385.10 - 705.07Open431.08
Volume11108255Mrk Cap397.0B
6/19/2013 4:00pm
 
 
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Owner of Heat Maps, the best way to watch your stocks by tracking price movements by colors, not just numbers.

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