Quote:
Originally Posted by Razi
In worst case scenario, Apple would become like Sony, coasting along, driven by past success.
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Remember, Sony made a small profit last quarter after years of heavy losses. And Sony was being propped up by their movie studio. If Apple will be "coasting along" that will mean a share price of $100 or less, not $4-800. Nobody said Apple will go under, just that they will have to settle for a 20% or so market share and a much smaller share of the profits than they do now. Being #2 or 3 isn't bad, I suppose. To stay on top they will need something big. Share prices reflect future earnings prospects not past successes. They can keep prices up for a while by distributing their cash booty.