Quote:
Originally Posted by afv011
Doom's day is here!
|
- The stock is expensive
It's less expensive than it was by 40% when people thought it had nowhere to go but up. The general rules of accounting cannot be applied to Apple. P/E based on last year's earnings makes this a cheap stock. P/E based on anticipated earnings is very difficult to determine.
- Apple has nothing new in the pipeline
No one can know this.
- Without Jobs, Apple’s management has lost the ability to innovate
Management does not innovate. Creative innovates -- don't you watch Mad Men? Management can hire innovative people, fund innovative researchers, or buy innovative companies. Apple seems to be doing all of these.
- A cheaper iPhone marks the end of Apple’s leadership
It's not a good thing. Lower prices upset early adopters, reduce profits, and tarnish image. Of course, lack of sales will do these too.
- Betting on lower expectations is not a good investment strategy
I don't even know what this means.
- A new TV or wristwatch won’t revive Apple’s growth
I agree with this. A big splash for something no one wants won't help and losing to Samsung would rub salt in a wound. BUT, beating Samsung with an even smarter TV at a very good price and a made in the USA campaign could rally people to Apple's flag.
- Apple is not well-positioned strategically
Yeah, it's tough to compete when you have a great brand and infinite cash.
I'm no iFan and life sucks for those who bought AAPL at $700, but Apple is only an amazing product away from recovery. For all we know, this product is inching towards the market at this very instance.