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Bubble, bubble, trouble, trouble! I love Apple, but is a company that makes cell phones and fancy laptops going to really have a market cap of 10% of the (curr
by mdkess 15y ago
Bubble, bubble, trouble, trouble!
I love Apple, but is a company that makes cell phones and fancy laptops going to really have a market cap of 10% of the (current value) of the DOW? I don't think so.
At this point, investing in a hot stock like AAPL is just gambling. It's a very real possibility that in the next 3 years, the influx of tablets and smart phones completely stalls iOS's growth. Plus with the newest wave of Ultrabooks, Apple is not as far ahead of the competition as they were two years ago. I mean, I don't think that Apple is going to go anywhere soon, and they will continue to grow, but I think that a lot of their near term future success is already built into the price of the stock.