AAPL might be a safe bet, but maybe not? I'm sure the company will be profitable for quite some time but stock prices are not driven by profits as you know. T

AAPL might be a safe bet, but maybe not? I'm sure the company will be profitable for quite some time but stock prices are not driven by profits as you know. They are built on expectations. A lot of the expectation for Apple is built into it's $2T market cap. You might of thought AAPL was a safe bet at the beginning of the year, but now it's down 22.23%. At this point we don't know if it's going to take a year to recover or a decade. So I know I am preaching to the choir but it's not just "company doing well so stock is safe". There's the context of the overall economy not to mention a lot of companies look like they are doing great until one day they don't.