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Just once, I'd like to see someone making "Apple is doomed" prognostications actually put their money where their mouth is and short the stock. That would be fu
by funkah 15y ago
Just once, I'd like to see someone making "Apple is doomed" prognostications actually put their money where their mouth is and short the stock. That would be fun to see.
People will just say anything when it comes to Apple. It's crazy.
- pyre 15y agoA business can be in decline well before the stock price reflects that. Also, the stock market isn't a reasonable reflection of how stable a business will be into the future. If this was the case, then stock market crashes would be pure fiction.
- kaffiene 15y agoGood point. Stock prices are absolute bullshit when it comes to telling you whether a company is good in real business terms. I used to work for a company in the Telco space when Telcos had a stock crash. Now, our company made 40% profit year on year and had done so for the seven preceding years, yet our stock price crashed (and we continued making 40% growth year after year). Actual value was ignored, stupid sound bites from commentators were believed. It's a fucking trading card game played by morons.
- podperson 15y agoAbsolutely true. In what way do you think Apple's business is in decline right now?